• J.P. Morgan deposit token on Base.

• EigenLayer introduces EigenZero.

• Aerodrome merges with Velodrome.

• Yahoo Finance partners with Polymarket.

J.P. Morgan launched JPMD, its bank-issued USD deposit token, on Base, now live for institutional clients. The launch advances an earlier bank deposit token pilot program from proof-of-concept (PoC) to full production, enabling 24/7 instant institutional transfers and settlements at near-zero cost. JPMD is a permissioned digital representation of actual USD deposits held at J.P. Morgan Chase Bank. Access requires a U.S. bank account with the firm. Future plans include expansion to other chains, multiple currencies, and broader client access, pending regulatory approvals like the U.S. GENIUS Act.

EigenLayer and LayerZero launched EigenZero, the first implementation of the CryptoEconomic Decentralized Verifier Network (DVN) Framework. The release brings slashable economic stake to interoperability, enabling LayerZero applications to choose verifiers for both technical correctness and economic accountability. LayerZero’s DVN marketplace already allows apps to select verification methods like ZK proofs and light clients. EigenZero adds a new category of economically backed DVNs, backed by $5m in slashable ZRO tokens. Using optimistic verification with an 11-day challenge period, EigenZero slashes verifiers for provable misbehavior.

Aerodrome Finance, the leading DEX on Base, announced a merger with Velodrome, its counterpart on OP Mainnet, to launch a unified Ethereum mainnet DEX called Aero. The merge aims to create a cross-chain, aggregated liquidity platform designed to enhance interoperability and expand Aerodrome beyond Base. As part of the announcement, Aerodrome introduced a suite of upgrades, including MetaDEX03, a new operating system built to improve swaps, liquidity, and developer tooling across chains. Under the token migration plan, Aerodrome holders will receive 94.5% of the new AERO supply, while Velodrome holders will receive 5.5%. The merger was unveiled at the Dromos Conference in New York City, with Aero targeting a Q2 2026 mainnet launch.

• Yahoo partners with Polymarket

• Vitalik signs trustless manifesto

• Hoodi activates BPO2

• Lean Ethereum debuts on X

• Celo releases ENS subnames

• Safe introduces Safe Ventures

• MLM pauses Arbitrum bridge

• SharpLink releases Q3 earnings

• State of Private Voting 2026

• Fed divided on rate cut

• Visa announces stablecoin pilot

• Winklevoss introduce Cypherpunk

• Chains with freeze capability

• Coinbase leaves Delaware for Texas

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

Gm frENS. It's a slower news day today, probably due to the U.S. holiday.

• Lido DAO proposes a LDO buyback.

• ElizaOS migrates to Ethereum.

• 0xPPL releases 2.0 wallet.

Lido DAO governance introduced a proposal to implement an automated buyback mechanism for LDO, the protocol’s native governance token. The proposal would use LDO and wstETH liquidity in a Uniswap v2-style liquidity pool, managed by the DAO’s Aragon Agent, to both remove LDO from circulation and deepen onchain liquidity. The buyback mechanism would activate only under strong market conditions, when ETH trades above $3,000 and Lido’s annualized revenue exceeds $40 million. If approved, the implementation could begin as early as Q1 2026. The proposal is currently open for community discussion on the Lido governance forum.

ElizaOS, an open-source framework for deploying AI agents, migrated its native $ELIZAOS token to Ethereum. ElizaOS says the migration from Solana to Ethereum represents both a technical and philosophical shift. ElizaOS fully integrates with the EVM and leverages Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable agents to operate freely across multiple networks. The $ELIZAOS token powers governance, ecosystem liquidity, and DeFi operations conducted autonomously by AI agents. ElizaOS agents integrate with onchain ecosystems, performing complex tasks such as trading, governance, and multi-platform coordination. ElizaOS is also adopting new EVM standards such as ERC-8004.

0xPPL released the second iteration of its mobile wallet and portfolio tracker. The new release focuses on tracking onchain activity. An integrated AI layer scans onchain data to surface emerging trends. The wallet features a gas and chain abstracted experience, allowing users to transact across 30 networks. 0xPPL aggregates bridges and liquidity pools for fast and cost-efficient transactions.

• FOCIL inclusion discussions

• Institutions are already here

• IRS treats crypto as property.

• Rainbow adds Sonic

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

• Uniswap proposes a protocol fee switch.

• U.S. Treasury guidance on staked ETPs.

• Base processes 15.4 million daily txs.

• BitMine buys an additional 110k ETH.

Uniswap founder Hayden Adams introduced the UNIfication proposal, a new initiative to enable the Uniswap protocol fee switch and realign incentives across the ecosystem. The proposal seeks to move Uniswap Foundation employees to Uniswap Labs under a shared goal of accelerating protocol growth, including the elimination of the Uniswap interface fee.

UNIfication will activate protocol fees starting with v2 pools, then gradually expanding to v3, v4, and UniswapX. It also introduces Protocol Fee Discount Auctions (PFDA), which are auctions for “no-fee swap rights,” with proceeds also going toward the UNI burn. The proposal will also direct surplus Unichain sequencer fees to burn UNI tokens and allocate 100 million UNI from the treasury toward a retroactive UNI token burn.

The initiative aims to establish Uniswap as the default DEX for all tokenized value. Adams noted that a previously hostile U.S. regulatory climate delayed such a proposal for years. Following the announcement, UNI’s price surged 17%, rising from about $7.46 to over $9. The UNIfication proposal will go live for a temperature check vote on Snapshot later this month.

The U.S. Treasury Department and the IRS have issued new guidance for staked crypto exchange-traded products (ETPs). The guidance provides a safe harbor for investment trusts that stake digital assets without losing their classification as investment or grantor trusts. The rule applies only to digital assets on permissionless proof-of-stake (PoS) networks. It becomes effective for tax years ending on or after November 10, 2025. Treasury Secretary Scott Bessent says new guidance aims to keep America as the global leader in digital assets. 

Base Chain, the layer 2 network by Coinbase, reached a new all-time high metric on Sunday, processing more than 15.4 million transactions in a single day. The network also recorded over $1 billion in daily DEX trading volume. According to L2Beat, Base Chain ranks as the second-largest rollup in the Ethereum ecosystem with $14.6 billion in total value secured.

• ACDT #61 minutes | recap 

• Vitalik highlights privacy efforts

• EF seeks to hire an EA

• ENS contract naming incentives

• Uniswap hits $200b swap vol

• BitMine buys 110,288 ETH

• Crypto bill to define CFTC’s role

• Justin Drake on lowercase snarks

• MPC, tFHE, and TEEs weaker privacy

• t1 releases Vision Litepaper

• Tokenized gold surges on ETH

• PoolTogether hits 100k users

• Katana reports no exposure to xUSD

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