• Huobi founder leads $1B ETH Trust.

• Burned ETH builder grants.

• OpenSea confirms SEA Q1 2026.

Li Lin, founder of Asia-based crypto exchange Huobi, is reportedly launching a $1 billion Ethereum trust company aiming to accumulate and hold ETH as a long-term treasury asset. The initiative, similar to recent efforts using Nasdaq-listed entities for structuring, has backing from major investors in Asia, including Fenbushi Capital, HashKey Group, and Meitu. Avenir Capital, which is chaired by Li Lin, has committed $200 million of the targeted $1 billion fund, which would make the trust the fourth-largest corporate holder of ETH once completed.

The Ethereum Community Foundation launched the Burned ETH (BETH) Builder Grants, offering $50,000 in total funding for projects that expand BETH adoption. BETH is an ERC-20 token representing provably burned ETH. When ETH is sent to the BETH smart contract, it is permanently burned, and an equal amount of BETH is minted 1:1 as an onchain proof of burn. The program invites proposals for L2 Burn Bridges, Burn Leaderboards, airdrop/incentive frameworks, integrations, developer tooling, governance systems, and culture projects. BETH aims to make burn data a transparent, onchain metric of alignment with Ethereum’s monetary base. Applications are open through the end of October.

OpenSea co-founder and CEO Devin Finzer confirmed that the marketplace will launch its native $SEA token in Q1 2026. 50% of the total supply will be allocated to the community, with over half of that distributed through an initial claim. He added that both OG users and rewards program participants will be meaningfully considered. $SEA will be a utility token, with staking features launching next year. Additionally, 50% of launch revenue will go toward buying back $SEA. OpenSea is also expanding beyond NFTs, into a unified onchain trading platform that integrates perpetual trading, cross-chain support, and an upcoming mobile app.

• EF folks Twitter List

• VanEck files S-1 for stETH ETF

• CDP embedded wallets

• Dankrad joins Tempo

• Temp raises $500m

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

• MegaETH real-time data streams.

• Introducing a private multisig.

• Base introduces creator coins.

• SharpLink raises $76.5 million.

MegaETH, in collaboration with Chainlink, introduced native, real-time data streams on MegaETH. The integration embeds Chainlink Data Streams directly into MegaETH’s execution environment through a native precompile, enabling smart contracts to access live, high-frequency market data with sub-second latency. The release enables CEX-level performance for DeFi, allowing real-time updates for perpetuals, prediction markets, and stablecoins. By combining Chainlink’s oracle networks with MegaETH’s 10ms block times and 100,000 TPS architecture, the integration establishes a new standard for real-time DeFi, bridging the speed gap between decentralized and traditional financial systems.

Solidity maintainer Artem Chystiakov released a paper introducing a privacy-preserving, zero-knowledge (ZK) multisignature wallet for Ethereum. The system preserves anonymity and confidentiality in multisig approvals and voting while eliminating centralized trust. The architecture includes two smart contracts, ZK circuits, and relayers to support private and verifiable onchain operations. The design replaces interactive key-sharing with deterministic derivation and ensures all cryptographic actions are ZK-verifiable and auditable onchain without leaking private data.

SharpLink Gaming, Inc. raised a $76.5 million from a direct offering of 4.5 million shares at $17.00 per share. SharpLink is also offering institutional nvestors a 90-day option to purchase up to 4.5 million additional shares at $17.50, which could generate an extra $78.8 million if fully exercised. Co-CEO Joseph Chalom said the premium-priced financing is accretive to shareholders, allowing SharpLink to expand its ETH holdings and increase ETH-per-share value. The company currently holds over 840k ETH.

• ACDC #167 minutes | recap

• Base App creator coins

• Ethereum calendar

• Kelp introduces Kred

• BitMine buys 104,336 $ETH

• Superform V2 Web App

• Visa paper on stablecoin lending

• Compressed RPC Link Format

• Open Intents Framework endgame

• Ethereum Q3 financial report

• Flexa USDC checkout

• Recall partners with EigenLayer

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

• Pico Prism real-time proving zkVM.

• EF deploys 2400 ETH into Morpho.

• Ethereum ranks #1 among new devs.

• Jovay announces an Ethereum L2.

• Basenames now support ENSIP-19.

Brevis introduced Pico Prism, a zkVM designed for real-time Ethereum proving. Prism can prove 99.6% of Ethereum L1 blocks in under 12 seconds, with an average proving time of 6.9 seconds using consumer-grade GPU hardware. The milestone allows Ethereum teams to generate validity proofs for entire L1 blocks fast enough to match Ethereum’s 12-second block time. Pico Prism outperforms Succinct’s SP1 Hypercube, which achieved only 93% of blocks under 12 seconds. Brevis, positioning itself as the infinite compute layer, aims to reach 99%+ real-time proving under 10 seconds while further reducing hardware and power requirements.

The Ethereum Foundation deployed 2,400 ETH and $6 million in stablecoins into the Morpho DeFi protocol on Ethereum as part of its ongoing DeFi wallet initiative. The assets are allocated to Morpho’s yield-bearing vaults, with the Foundation highlighting Morpho’s commitment to open-source development. The Foundation launched its DeFi wallet earlier this year, which now holds over $200 million in assets. Its on-chain portfolio includes 31,230 ETH deposited in Aave, 10,126 ETH in Spark Protocol, and 4,200 ETH in Compound. Morpho recently introduced Vaults V2 on Ethereum, offering instant liquidity and flexible vault allocations.

Jovay Network, a project developed by Ant Digital, the company behind Alibaba and Alipay, announced plans to launch a new Ethereum Layer 2 network focused on real-world assets (RWA). The initiative aims to deliver a fast, low-cost, secure, and flexible infrastructure for RWA tokenization. Emphasizing trust, transparency, and developer experience, Jovay aims to bridge assets and liquidity across multiple chains through the use of data and AI. Its collaboration with Ethereum represents a significant move to expand the Layer 2 ecosystem, with the network to adopt a ZK rollup-based architecture.

Base implemented ENSIP-19 and successfully migrated over 750,000 Basenames to the new standard. ENSIP-19 introduces a system for setting and resolving primary names on Layer 2 networks through L2ReverseRegistrar contracts. The upgrade enables Basenames to resolve seamlessly on any ENS-compatible application. A single Basename can serve as a primary name across Ethereum L1 and multiple L2s, improving cross-chain consistency.

• Tydro goes live on Ink

• Base ERC-20 gas payments

• Zora launches Believe Fund

• AI For Public Goods Fast Grants

• Paxos mints 300 trillion PYUSD

• U.S. OCC approves Erebor Bank

• Ethereum hits ATH daily TPS

• Aave Horizon hits $250m deposits

• stUSDS goes live

• YieldNest $ynRWAx goes live

• Recall live on Base

• SmartFunds live on Base

• Uniswap chart rider game

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