TL;DR

Sepolia testnet configuration is out

Genesis time: Mon Jun 20 2022 14:00:00 GMT

Sepolia testnet is also going to be merged in the future, just like the newly merged Ropsten testnet, for which the beacon chain will be implemented and whose genesis is on June 20.The deployment of a bunch of nodes on the Kubernetes cluster using the Nethermind and Lighthouse (nethouse) combination has been already made.

Three Arrows Capital is losing it to the bear market

Su Zhu and Kyle Davies launched Three Arrows Capital Ltd. al in 2012 also known as 3AC, a hedge fund that focuses on delivering better risk-adjusted returns. As a result of the significant drop in the cryptocurrency markets, 3AC is currently in the process of liquidating its assets. They have borrowed $190,000,000 in total from AAVE. Ethereum valued at $235 million was kept as collateral for this loan. Concerns about 3AC coincide with news that cryptocurrency lender Celsius may not be solvent. The company may not have enough capital to repay investors while managing billions of dollars in user funds. According to blockchain data, one of 3AC's wallets has a $183 million debt. Co-founder Su Zhu tweeted the following in the midst of all of this with no particular context.

Geth v1.10.19 just released

The new version of Geth has been released to delay the difficulty bomb by about 2-3 months. Fork is dated to happen on 29th June.

Mainnet-shadow-fork-7 announced

Mainnet shadow fork 7 is out with the aim to test fixes deployed on Ropsten and make sure that there are no regressions.

TTD planned: Wed June 22 ~2PM UTC.

OpenSea moved to Seaport protocol

This action aims to save the community millions of dollars in fees each year ($460m+), as well as additional changes including collection offers, no setup fees, and some upcoming technological advancements in which you will be able to list many NFTs in a single transaction.

These are listed below in the thread.

zkRollup Directory v2.0 is now live

The zkRollup is a builder focused project which supports various different protocols such as Polygon, StarkNet etc. Their newest version is launched which has all the projects listed on the rollup listed along with better than before UI/UX.

Grants Round 14 is officially live and we're participating

Individuals can apply for financing for a public goods project they are working on through Gitcoin Grants. Quadratic Funds (QF) are used by Gitcoin Grants to distribute extra funding from a matching pool to the most influential projects based on the number of contributors.

We are happy to share that the EtherWorld team is also participating in the GR14 and you may support us by donating as low as 1 DAI [here]

Read more

Read more about Ethereum in previous Bulletins -Ethereum Bulletin

Related articles

_________________________________________________________________________

Disclaimer: The information contained on this web page is for education purposes only. Readers are suggested to conduct their own research, review, analyze and verify the content before relying on them.

To publish press releases, project updates and guest posts with us, please email at contact@etherworld.co.

Subscribe to EtherWorld YouTube channel for ELI5 content.

Support us at Gitcoin

You've something to share with the blockchain community, join us on Discord!

Follow us at Twitter, Facebook, LinkedIn, and Instagram.