• Wyoming launches a stablecoin.

• Spire Labs introduces Pylon.

• Circle Gateway goes live.

• SharpLink buys 143k ETH.

The Wyoming Stable Token Commission launched the Frontier Stable Token (FRNT) on mainnet, marking the first state-issued stablecoin in the United States. FRNT is fully backed by U.S. dollars and short-duration treasuries held in trust, with a legislatively mandated 2% overcollateralization to ensure stability. The stablecoin is now live across seven blockchains, including Ethereum, Arbitrum, Base, Optimism, and Polygon. It leverages LayerZero for issuance, with Fireblocks providing infrastructure and Franklin Advisers managing reserves. The Commission is chaired by Wyoming Governor Mark Gordon.

Spire Labs introduced Pylon, a platform for launching based appchains with synchronous composability. The based appchains are sequenced by an Ethereum L2, allowing them to inherit an L2’s existing infrastructure, such as chain liquidity, user base, and distribution. The system currently uses a single coordinating sequencer node to synchronize all appchains in a sync zone. Pylon solves the fragmentation problem of appchains by preserving sovereignty while integrating with L2 ecosystems. Spire Labs is building the Based Stack, an open-source framework for customizable Ethereum appchains, pushing forward scalability and interoperability.

Circle Gateway, a new cross-chain liquidity solution for USDC, is now live on mainnet across seven networks. Circle Gateway introduces a unified USDC balance that can be accessed from any supported chain, enabling near-instant, single-click cross-chain transfers without the need for bridging. By making USDC liquidity chain-agnostic, Circle Gateway improves capital efficiency and eliminates liquidity fragmentation. To use it, users deposit USDC into a Gateway Wallet contract on any supported chain. To initiate a transfer, users sign a burn intent and submit it to the Gateway API. After verification, the API issues an attestation, which is then sent to the Gateway Minter contract on the destination chain, allowing USDC to be minted while the equivalent amount is burned from the unified balance.

SharpLink Gaming expanded its treasury with an additional 143,593 ETH purchased at an average price of $4,648. The purchase brings the company’s total holdings to 740,760 ETH, valued at just over $3 billion. Since its launch on June 2, SharpLink has also generated 1,388 ETH in staking rewards. Despite the growth, Bitmine Immersion Tech continues to hold the top spot as the largest ETH treasury company, maintaining nearly double the holdings of SharpLink.

• Nethermind introduces Catalyst

• Starknet decentralized validation upgrade

• Boundless introduces ZK Coin

• Bitmine buys 52k more ETH

• Solidity Summit 2025 in Argentina

• SEC in Chicago on September 15th

• SEC Chair Paul Atkins proposes a framework

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

• BitMine now holds over 1.5m ETH.

• BTCS issues an Ethereum-based dividend.

• ERC-8004 trustless AI Agent standard.

• ETHZilla rebrands its ticker to ETHZ.

BitMine Immersion Technologies Inc., the world’s largest corporate holder of Ethereum, announced it now holds 1.52 million ETH valued at $6.1 billion. The figure represents a $1.7 billion increase in just one week, after adding roughly 500,000 ETH to its treasury. With the milestone, BitMine ranks as the second-largest crypto treasury overall, trailing only behind MicroStrategy The company’s strategy centers on growing ETH per share by generating yield through staking and other initiatives. Launched on June 30, BitMine’s Ethereum reserve strategy has the ambitious goal of securing 5% of the total ETH supply in circulation, which is $26 billion at current prices.

BTCS Inc., a blockchain infrastructure services provider and Ethereum treasury company, announced plans to issue an Ethereum-based dividend to shareholders, branded as the “Bividend.” BTCS marks the first publicly traded company to distribute dividends in cryptocurrency. All shareholders will receive a one-time payout of $0.05 per share in ETH. Shareholders who transfer their shares to book entry with the company’s transfer agent and hold them until January 26, 2026, will earn an extra $0.35 per share in ETH. The program aims to reward long-term investors and reduce short-selling. BTCS currently holds an ETH treasury of 70k ETH, valued at $300 million.

Ethereum protocol developer Davide Crapis introduced ERC-8004, a standard that extends the Agent-to-Agent (A2A) protocol by adding a trust layer that allows discovery and interaction with AI agents across organizational boundaries. The standard proposes three onohain registries, Identity, Reputation, and Validation, while leaving complex scoring, aggregation, and incentives to offchain infrastructure. A2A currently operates within trusted organizational boundaries. ERC-8004 aims to support an open, cross-organizational AI agent economy by providing a unified interface and tiered trust models suited to different levels of risk. The ERC is currently in a draft phase and open for community feedback.

ETHZilla, a life sciences company turned ETH treasury company, has rebranded its Nasdaq-listed stock ticker from ATNF to ETHZ. The company has as accumulated an ETH treasury of 94,675 ETH at an average price of $3,902.20, currently worth about $419 million. The company also holds $187 million in USD cash equivalents, available for future ETH purchases. ETHZilla Corporation currently ranks 10th among public ETH treasury companies.

• ACDT #49 recap

• ETHConf 2026 announced

• Ethereum hits ATH in L1 txs

• ETH ETFs now hold 5% of ETH

• Privacy on Ethereum #7

• ETH Global NY finalists

• Etherealize Ethereum NYC highlights

• Ethresearch: WHIR for Etheruem

• 21 funding domains for GG24

• Bankless launches Ethereum Weekly

• Euler goes live on Linea

• Cap goes live on mainnet

• ETH Strategy collaborates with EtherFi

• Hester Peirce invites crypto projects

• Optimism local chain deployment tool

• GENIUS Act request for comments

• Rotki v1.40 release

• zWallet v0.0.4 release

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

• Ronin to transition into L2.

• Sign-In with Ethereum is final.

• Base plans to integrate ENSIP-19.

• EF Reddit AMA on 29th August.

The Ronin Network, the gaming-focused L1 blockchain behind Axie Infinity, announced it will transition to become the gamification engine of Ethereum as a Layer 2. According to Axie Infinity co-founder Jiho, the move is driven by the Ethereum Foundation’s new leadership, growing institutional momentum, lower operational costs through alternative data availability solutions, and Ethereum’s decentralization. As part of the transition, Ronin will expand beyond gaming into a multi-purpose chain, offering up to 12x faster transactions than its current network. The upgrade will also introduce a revamped $RON staking model that rewards active builders. Ronin expects to complete its transition to an Ethereum-aligned L2 by Q2 2026.

Sign-In with Ethereum (SIWE) EIP-4361 now has a new website, updated documentation, and an official X account. Users can visit siwe.xyz to view wallets, apps, and protocols that have integrated the standard as well as extensive documentation. SIWE is a standard for authenticating with Ethereum accounts. It enables users to sign into an app by signing a message with their Ethereum wallet. It also works with ENS and EFP, and can be used by both crypto and non-crypto applications. Last week, EIP-4361 moved to final status after being in a review and last call phase since 2022.

Base announced plans to integrate ENSIP-19, a new ENS standard that enables setting and resolving primary names on L2s via new L2ReverseRegistrar contracts. The upgrade means any ENS-compatible app will be able to resolve Basenames. Once live, a Basename can serve as a primary name across Ethereum L1 and multiple L2s. Previously, Basenames primary names on L2s required costly L1 transactions and custom lookup flows, limiting portability and interoperability. Base will automatically migrate data for more than 750,000 users from legacy resolvers to ENSIP-19–compliant contracts. The migration process is designed to be initially backwards-compatible so existing integrations continue to work during the transition, with legacy data paths later deprecated to save gas. The rollout is targeted for early September 2025.

• EF Protocol Reddit AMA

• ACD#218 after hours

• ethdevnews weekly #2

• Bitmine buys 28,650 ETH

• SharpLink buys 130,000 ETH

• Anchor v0.3.0 release

• Biconomy Nexus powers Gemini Wallet

• Paragraph introduces Remixes

• Virtuals AI hachathon

• Gitcoin integrates Giveth

• Fed ends bank scrutiny of crypto

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