• OP Kona rollup node release.

• ChainLink introduces State Pricing.

• Lido discloses a CSM vulnerability.

• Privacy Pools supports wstETH.

OP Labs released Kona Node, a Rust-based rollup node implementation for the OP Stack. It handles L2 derivation, execution integration, networking, and syncing. Based on Rust, it offers memory safety and a minimal resource footprint. Its modular design makes it suitable as both a library and a standalone node application. Kona Node supports multiple fault-proof backends, including FPVM, SP1, and Risc0, and includes built-in fault-proof capabilities for enhanced security. Kona serves as a spec-compliant, efficient, and customizable alternative to the original Go-based op-node. Kona Node adds to the client diversity on the OP Stack.

Chainlink introduced State Pricing, a new onchain pricing method designed for long-tail crypto assets and tokenized real-world assets (RWAs) that primarily trade on DEXs. State Pricing improves price accuracy, market resilience, and liquidity analysis for assets that have deep onchain liquidity but limited trading volume. State Pricing derives asset prices from token reserves in high-liquidity DEX pools, enabling real-time, continuous pricing without requiring trades. The system uses data aggregation, anomaly filtering, and end-of-block updates to protect against flash loan attacks and MEV. Pricing is always available, reflects real onchain liquidity, and is ideal for infrequently traded assets. 

Lido Finance disclosed and patched a vulnerability in its Community Staking Module (CSM) affecting validator withdrawal verification. On June 26, 2025, a whitehat researcher reported the issue via Lido’s Immunefi bug bounty. The bug stemmed from the Historical Withdrawal Proof method in the CSVerifier contract, which lacked proper validation for user-supplied historical block roots. Following the Pectra upgrade, which introduced EIP-7685, attackers could exploited the bug to inject false data, potentially forging fake withdrawals for validators with balances under 32 ETH. However, the vulnerability was never exploited. Lido mitigated the risk by rotating to a new CSVerifier contract that removed the vulnerable method. A permanent fix is scheduled with the launch of CSM v2 in September 2025.

Privacy Pools, an onchain privacy protocol, now supports wstETH and WBTC deposits as part of its multi-asset expansion strategy. Users can now deposit a minimum of 0.1 wstETH or 0.002 WBTC to privatize their holdings. Privacy Pools enables users to their withdraw funds to an unlinked address, provided they pass a compliance check. The protocol also supports EIP-7702 for batching approve and deposit transactions for ERC-20s.

• ethdevnews weekly #0

• Week in EF research

• Blob technical analysis

• SharpLink Gaming buys 14,697 ETH

• Ethresearch: LMD Ghost

• solx 0.1.1 release

• Etherscan shows Safe signers

• Symbiotic Slashing Insurance Vaults

• dSheets supports contract functions

• Privy integrates Base Sub Accounts

• MetaMask UX updates

• DaveCraige.eth donates 3 ETH to Storm

• Tom Lee on Project Crypto

• SEC to host crypto roundtables

• Kugler resigns from Fed board

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

• Justin Drake's Lean Ethereum vision.

• The SEC launches Project Crypto.

• Alchemy launches Cortex.

• Devs discuss concerns over EIP-7825.

Ethereum researcher Justin Drake unveiled Lean Ethereum, his personal 10‑year vision for the network. It frames two modes: fort mode, a defensive strategy designed to survive nation‑state attacks and the coming quantum era, and beast mode, an offensive push for aggressive scaling, with short‑term gains expected in 6–12 months and long‑term goals of 1 gigagas/sec on L1 and 1 teragas/sec on L2 (~1M TPS). Lean Ethereum introduces three key upgrades: lean consensus, lean data, and lean execution. The upgrades are enabled by real‑time zkVMs, data availability sampling (DAS), and ubiquitous verification across browsers, wallets, and phones. Drake’s vision is to make Ethereum secure, massively scalable, and always online, without compromise.

SEC Chairman Paul S. Atkins announced Project Crypto, a new initiative to make the U.S. the global leader in crypto and blockchain by modernizing SEC rules for onchain markets and providing clear classifications to determine when tokens are securities, commodities, stablecoins, or collectibles. The plan seeks to encourage crypto projects to launch onshore in the U.S. Project Crypto will enable the tokenization of stocks, bonds, and other assets while allowing DeFi systems to coexist with TadFi. The plan also prioritizes self‑custody, enables side‑by‑side trading of non‑security and security tokens on regulated venues, and introduces an innovation exemption to speed new business models.

Alchemy launched Cortex, a blockchain engine built to deliver speed, scalability, and reliability for onchain applications. Trained on 7 years of data and trillions of requests, Cortex powers the Alchemy platform with sub‑50 ms average response times, elastic scaling to millions of concurrent requests, and 99.995% uptime. Cortex enables developers to build high‑performance apps without infrastructure overhead.

During this week’s ACDE Call #217, core developers discussed concerns over EIP‑7825, a proposal seeking to set a hard cap per transaction at the protocol level. The cap aims to improve network stability, resource efficiency, and predictability. Analysis of 251 million mainnet transactions showed that only 0.038% would exceed a 16.7 million gas threshold, leading to EIP‑7983, which proposes a lower cap of 16.8 million gas. EIP‑7825 was included in Fusaka devnets and is under consideration for the Fusaka upgrade planned for early November 2025. Some developers warned that a 16.8m cap could break existing dapp workflows, while others favored retaining 30m to preserve flexibility for complex contracts. Vitalik Buterin supported moving forward with a gas cap, noting that we risk suffering a permanent penalty to avoid a one-time switching cost, although he is open to delaying the change.

• Nethermind v1.32.4 release

• Holesky slated for deprecation

• Ethereum 10yr POAP recap

• 10yrs of EIPs visual

• Edge City Patagonia tickets

• Marius’s Ethereum journey

• Glamsterdam Community Call #01

• OP Kailua goes live via Conduit

• ETH Treasuries surpass $10 billion

• CoW Swap integrates Bungee

• Puffer UniFi AVS upgrade

• OpenUSDT on BOB

• No verdict today in US v. Storm.

• Safe Research: State of Encryption

• Coinbase Q2 2025 financial results

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

• Ethereum turns 10.

• EigenLayer launches EigenDA V2.

• The Ether Machine buys 15,000 ETH.

• White House digital assets report.

July 30, 2025, marks Ethereum’s 10th anniversary. On this day in 2015, the Ethereum genesis block was mined during the Frontier launch, introducing the world’s first smart contract blockchain. As Ethereum’s first mainnet release, Frontier rewarded miners with 5 ETH per block and set the foundation for the “World Computer.” Today, Ethereum secures over $130 billion in stablecoins, nearly $90 billion locked in DeFi, and more than $9 billion in tokenized real-world assets. Over the past decade, Ethereum has survived the DAO hack, implemented the burn, transitioned from proof of work to proof of stake, and delivered scalability through L2s. The Ethereum Foundation is celebrating the anniversary with a limited-time NFT mint.

EigenLayer launched EigenDA V2 on mainnet, an upgrade enabling 100 MB/s throughput and scalable data availability. The upgrade delivers 12.8x Visa’s 65,000 TPS throughput, a 6.7x increase from EigenDA V1’s 15 MB/s capacity, and can handle 800,000 ERC‑20 TPS with sub‑10 second latency. EigenDA V2 introduces a split-plane architecture, horizontal sharding, GPU‑accelerated erasure coding, parallel multicast channels, and a reservation-based fixed-fee model. Secured by EigenLayer restakers, EigenDA secures over $2 billion in assets and powers 75% of Ethereum L2s using altDA.

The Ether Machine, an institutional platform focused on ETH treasury management, acquired 15,000 ETH, valued at approximately $56.9 million, through its subsidiary, The Ether Reserve LLC. The purchase increases the company’s total ETH holdings and commitments to 334,757 ETH, with $407 million USD still available for additional acquisitions. Chairman and Co-Founder Andrew Keys personally contributed $100,000 to the Protocol Guild, a community-led initiative supporting Ethereum’s core developers. Through its long-term accumulation strategy, The Ether Machine seeks to deliver transparent, secure, and direct access to ETH-denominated yield.

The White House Working Group on Digital Asset Markets released a report outlining a pro‑innovation regulatory framework for digital assets. The report calls for swift implementation of the GENIUS Act and urges federal agencies to coordinate on licensing, reserves, and consumer protection for issuers. The report also presses Congress to grant the CFTC clear authority over non‑security digital asset spot markets, update the CLARITY Act to streamline margining and self‑custody rules, and formally ban Central Bank Digital Currencies (CBDCs). Additional priorities include directing the IRS to publish guidance on crypto tax issues. The report supports integrating DeFi into mainstream finance.

• ACDE #217 agenda

• Photos from Ethereum’s launch

• ETH 10yr NFT becomes gas guzzler

• Dev Tools Guild monthly update

• Privy integrates Morpho vaults

• Storm trial closing arguments

• Preston Van Loom on Storm

• Chase rewards redeemable in USDC

• Lido dual gov bug bounty

• Security reviews for Base builders

• Samourai dev plea deal

• FG Nexus is raising $200m

• Fed keeps current interest rates

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