• JPMorgan tokenized fund.

• ZKsync introduces Managed Services.

• Vote to activate Lido V3 on mainnet.

• BtMine holds ~4 million ETH.

[

Listen to this episode from Ethereum News on Spotify. JPMorgan launches a tokenized fund on Ethereum. Matter Labs introduces ZKsync Managed Services. A vote goes live to activate Lido V3 on mainnet. And BitMine holds close to 4 million ETH. Read more: https://ethdaily.io/843 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3.

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EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn

JPMorgan launched its first tokenized money-market fund on Ethereum, coined the My OnChain Net Yield Fund, or MONY. The fund invests in low-risk, short-term assets such as U.S. Treasury securities and repurchase agreements. The fund was seeded with $100 million of JPMorgan's own capital, according to the WSJ. Built on JPMorgan's in-house Kinexys Digital Assets platform, MONY is a private placement available only to qualified institutional and high-net-worth investors. The minimum investment is $1 million. Investors can subscribe and redeem using cash or stablecoins like USDC, receiving tokenized shares delivered directly to their crypto wallets. Last month, JPMorgan launched JPMD, its bank-issued USD deposit token on Base.

Matter Labs launched ZKsync Managed Services, a new service offering ZK-chains-as-a-service directly operated by the ZKsync development team. The service targets enterprises and financial institutions seeking to deploy custom, production-grade ZK Stack chains without the burden of complex infrastructure management. The service provides infrastructure, including a dedicated RPC, block explorer, indexer, and event delivery. It also provides enterprises with the ability to precisely configure key system parameters, such as the Data Availability (DA) layer, gas token, MEV policy, and access permissions, ensuring the chain meets specific product or regulatory needs.

A governance vote is now live to activate the first phase of Lido V3 on mainnet, a major upgrade that is transforming the protocol from a pooled staking model into a modular, decentralized Ethereum staking infrastructure. At the core of Lido V3 is the introduction of stVaults, which are non-custodial, customizable smart contracts that allow users to define their own validator setup. stVaults support overcollateralized stETH minting and feature critical safeguards such as immutable collateral caps and an escape hatch to opt out of protocol governance. If approved, the soft launch will deploy stVaults for early partners. The vote is currently set to close on December 20th.

BitMine's digital asset treasury now holds nearly 4 million ETH, representing over 3.2% of the total Ethereum supply. The holdings are valued at over $11 billion. BitMine continues its accumulation strategy, progressing toward its long-term goal of owning 5% of the total ETH supply, roughly 6 million ETH. Corporate treasuries collectively hold more ETH than Ether ETFs.

• Prysm Fusaka post-mortem

• Gas prediction market

• Status gasless L2

• SEC self-custody guidance

• DPRK fake Zoom hacks

• SEAL 911 security conference

• Base onchain wrapped

• Bankr Swap goes live

• Zerion Feed coming soon

• EF enterprise team roles

• Circle acquires Interop Labs

• Aave DAO vs Labs

• Ethereum Privacy Ecosystem Mapping

• MetaMask supports BTC

• BofA pathway to onchain

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

• SEC allows DTCC to tokenize.

• Octant introduces StreamVote.

• Cork Protocol Protected Loops.

• Aave v3 adds MetaMask's mUSD.

[

Listen to this episode from Ethereum News on Spotify. The SEC grants DTCC a no-action letter for tokenization. Octant introduces the StreamVote funding mechanism. And Cork Protocol introduces Protected Loops. Read more: https://ethdaily.io/842 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3. Arkiv brings the familiar concept of a traditional Web2 database into the Web3 ecosystem.

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EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn

The Depository Trust Company (DTC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC), which handles the majority of U.S. securities clearing and settlement, has secured a crucial No-Action Letter from the SEC to launch a new tokenization service. The milestone authorizes DTC Participants to tokenize select DTC-custodied Real-World Assets (RWAs), including stocks, ETFs, and fixed-income securities. Scheduled to be production-ready in the second half of 2026, the service aims to bridge TradFi and DeFi by initially supporting highly liquid assets such as the Russell 1000, major index ETFs, and U.S. Treasury securities. Powered across L1 and L2 blockchain providers, the platform will deliver a Common Liquidity Pool Across Identical Legal and Ownership Rights, Embedded Compliance and Controls, and Programmable Assets.

Octant, a public goods funding project, introduced StreamVote, a new funding mechanism combining Octant vaults with a continuous voting system. Octant is launching a StreamVote pilot round featuring a 25 ETH initial funding pool, supplemented by yields from assets deposited to the vault by the Golem Foundation. The mechanism leverages Superfluid to distribute funds continuously and in real-time, based on the current vote tally, rather than at the end of a fixed period. Voters can update and change their vote allocations at any time during the round. The pilot will fund impactful projects mentioned in the Ethereum Magicians forum.

Cork Protocol, a protocol for trading onchain risk, introduced Protected Loops, a DeFi primitive designed to facilitate looping strategies for illiquid or long-duration assets, such as Real World Assets (RWAs) and yield vault tokens. The feature shifts duration risk away from the core Looping Vault and onto specialized underwriters. The primitive combines a managed Looping Vault with an embedded liquidity hedge provided through Cork Pools. It provides a liquidity hedge that is tokenized as a Swap Token, which the Looping Vault buys. The token guarantees the vault the ability to swap the illiquid collateral for a liquid asset. The product is currently in a pilot phase.

• Ethereal weekly #2

• PSE privacy ux report

• Aave v4 security contest

• Aave adds mUSD

• MetaMask integrates Polymarket

• World App launches Secure Chat

• The Graph Horizon upgrade

• Aave DAO x CoW Swap debate

• Jill Gunter drained of $30k

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

• FOCIL declined in Glamsterdam.

• Veil integrates 0xbow.

• Do Kwon sentenced to 15yrs.

• Coinbase integrates Chainlink CCIP.

[

Listen to this episode from Ethereum News on Spotify. FOCIL is declined for inclusion in Glamsterdam. Veil integrates 0xbow's Association Set Provider. Do Kwon is sentenced to 15 Years in prison. And Coinbase integrates Chainlink CCIP for its wrapped assets. Read more: https://ethdaily.io/841 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3.

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EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn

During ACDC #171, Ethereum core developers declined the inclusion of Fork-Choice Enforced Inclusion Lists (FOCIL) EIP-7805 for the upcoming Glamsterdam upgrade, which is scheduled for the first half of 2026. The Glamsterdam upgrade is instead slated to include EIP-7688, EIP-8061, and EIP-8080. FOCIL aims to enhance censorship resistance by allowing multiple validators to enforce the inclusion of valid transactions, reducing reliance on centralized block builders and mitigating MEV. FOCIL will be considered for inclusion as a headliner feature for the subsequent upgrade, Heka.

0xbow, the developers behind the Privacy Pools protocol, partnered with Veil Cash to significantly expand access to the Veil zk Privacy Protocol on Base. Veil, which uses ZK-SNARKs to provide privacy for users depositing ETH into fixed pools, was previously restricted to a small permission set of verified addresses. The integration leverages 0xbow’s Association Set Provider (ASP) Guardian product, which allows Veil to support deposits from a much wider range of unverified addresses. Both privacy protocols maintain OFAC compliance by screening all incoming deposits for links to illicit activity using Know Your Transaction checks.

Do Kwon, the co-founder of Terraform Labs and creator of the Terra/Luna ecosystem, was sentenced to 15 years in federal prison by U.S. District Judge Paul A. Engelmayer in the Southern District of New York. The sentence follows Kwon's August 2025 guilty plea to conspiracy to commit commodities fraud, securities fraud, and wire fraud in connection with the May 2022 collapse of Terra Luna. Notably, the Judge imposed a term above the 12 years requested by prosecutors. Describing the $40 billion in losses as “eye-popping,” the judge cited Kwon's infamous “Deploying capital, steady lads” tweet, as well as several victim-impact letters submitted to the court.

Coinbase integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) to power bridging for all Coinbase Wrapped Assets, including cbBTC, cbETH, and cbDOGE. Coinbase cited Chainlink's industry leadership, security, and reliability. Chainlink CCIP supports secure cross-chain messaging and enables improved capital efficiency across DeFi, with trillions in transaction volume. Coinbase Wrapped Assets have an approximate aggregate market cap of $7 billion.

• ACDC #171 highlights | minutes

• SEC approves DTCC tokenized stocks

• EF ESP RFP for did:ethr

• Lighthouse discussion on Trustless Pmts

• Aave releases forecast feature

• Railgun hits $4.3 private volume

• LIFI raises $29m

• Sony plans USD stablecoin

• HAI incentivizes BOLD LP

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.