Gm frENS. Happy Thursday, keep pushing through!

• FG Nexus to tokenize on Ethereum.

• Lido CSM V2 goes live on mainnet.

• Gitcoin announces GG24 domains.

• Base unveils local stablecoins.

FG Nexus, a public Ethereum digital asset treasury (DAT) company with 50,000 ETH in its treasury, has partnered with tokenization issuer Securitize to allow shareholders to natively tokenize both common and preferred stock on Ethereum. FG Nexus will be among the first Nasdaq-listed companies, alongside SharpLink Gaming, to offer tokenized equity on Ethereum. FG Nexus will also tokenize its dividend-paying, exchange-listed perpetual preferred share FGNXP. The tokenized shares will carry the same rights as traditional shares, but with the benefits of real-time settlement, automated compliance, and self-custody.

Lido Finance launched the second iteration of its Community Staking Module on mainnet, bringing a permissionless staking solution that enables any node operator to run validators through the Lido protocol. The release increases the CSM's share of Lido staking from 3% to 5%, with a DAO-approved pathway to 10%. CSM v2 introduces the Identified Community Staker (ICS) framework, which provides boosted rewards, lower bond requirements, and priority deposits for verified solo stakers. It also adds EIP-7002 withdrawal support and the new Entry Gates system, offering tailored incentives like priority deposit queues and customized rewards.

Gitcoin announced the domains for Gitcoin Grants Round 24 (GG24), the first round under the Gitcoin 3.0 framework, which features multiple funding mechanisms. Moving beyond quadratic funding, the round will also include retro funding, conviction voting, deep funding, and InfoFi-native funding mechanisms. The six domains in GG24 are Ethereum Developer Tooling & Infrastructure, Privacy, Interop Standards/Infrastructure & Analytics, Public Goods R&D, Targeted Development & Adoption, and InfoFi. The six domains will distribute $1.8 million in total funds, including $1.175 million from Gitcoin and $632.5k in co-funding. GG24 kicks off on October 14th, with the donation window closing on October 28th.

• ACDC #166 highlights | minutes

• Week in EF Protocol research

• Octant 2025 DeFi Summit

• Base local stablecoins

• Solidity Summit applications

• CurrencyCoin donates 1% to Giveth

• Read: Decoupling ExecutionPayload

• Swift demo on Sepolia

• CME Group crypto futures

• Ink supports GHO

• XAUt0 goes live on Ink

• Chainlink reserve update

• GnosisPay hits $100m vol

• Uniswap September update

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

Gm frENS. Happy Uptober, cheers to a new month!

• Fusaka activates on Holešky testnet.

• Open-source EVM relayer released.

• WalletConnect expands into POS systems.

• ADI Chain joins the Elastic Network.

The Fusaka upgrade has successfully activated on the Holešky testnet, introducing ~12 Ethereum Improvement Proposals (EIPs) that improve scalability, performance, and user experience. The next testnet activations are scheduled for Sepolia on October 14th, followed by Hoodi on October 28th. Testnet node operators must update their client software ahead of the activations. The Holešky testnet will be deprecated about two weeks after Fusaka activates on Ethereum mainnet. Assuming testnet rollouts proceed smoothly, Fusaka is set to go live on Ethereum mainnet on December 3, 2025. Fusaka’s headline feature, PeerDAS (EIP-7594), brings higher blob throughput, significantly reducing L2 transaction costs and enhancing Ethereum scalability.

Aave engineer Josh Stevens introduced rrelayer, an open-source EVM relayer built in Rust for seamless transaction relaying. Supported by the Ethereum Foundation and released under the MIT license, rrelayer works across any EVM-compatible network and provides easy integration through REST APIs, SDKs, and a CLI. It features config-driven setup, multi-chain support, secure signing via providers like AWS KMS and Privy, and out-of-the-box capabilities such as automatic top-ups, allowlists, API key permissions, and webhooks. Rrelayer will support no-code YAML automation for transaction scheduling and event-driven execution.

WalletConnect, the infrastructure provider connecting wallets to dapps, introduced WalletConnect Pay, a new solution enabling stablecoin payments at point-of-sale (POS) systems across Asia in partnership with DTCPay. The solution delivers seamless checkout akin to scanning an Alipay QR code and supports over 500 wallets. Stablecoins already account for 72% of payments on WalletConnect. With DTCPay, merchants can now accept stablecoin payments without new hardware or complex integrations. The launch marks WalletConnect’s evolution from a wallet-app connectivity layer to core infrastructure for onchain payments and POS.

ADI Chain, an EVM L2 network powered by GPU computing, is joining ZKsync’s Elastic Network as the first chain built with Airbender, ZKsync’s RISC-V–based zkVM. Airbender is designed to support future cross-chain and modular interoperability. Backed by leading UAE institutions and regulated by the UAE Central Bank, ADI Chain is introducing the first Dirham-backed stablecoin.

• Ethereum checkpoint #6

• EF PSE leadership updates

• EF is developing kohaku wallet

• Lighter goes live on Ethereum

• Aave enables limit orders

• Storm motion for acquittal

• ADI chain joins Elastic Network

• Uniswap announces Uniswap Cup

• SEC mishandling messages

• Avoid NPM attack

That's it for this today! If you enjoyed the read, please support us with a donation 🌱

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

This story was featured in Episode #804 - October 16, 2025.

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.