EtherWorld Weekly — Edition 318

Direct Links

• World News
• Stories By EtherWorld
• Technical Explainers
• Client News and Updates
• Ethereum Governance & Related Standards
• Podcasts
• Upcoming Events
• Jobs

World News

• ACD was cancelled due to Berlin Blockchain Week!
• Ethereum Foundation Flags UX & Social Layer as Key Security Hurdles
  • The Ethereum Foundation’s latest report spotlights user experience and the social layer as major security challenges. With users still bearing much of the security burden like managing keys and signing blindly, the report calls out centralization risks and long-term threats to governance. Despite this, Ethereum continues to dominate DeFi, holding over half of the $117B market.
• Crypto Giants Near EU Licenses as Regulatory Tensions Rise:
  • Gemini and Coinbase are close to securing EU-wide licenses under MiCA, sparking friction among regulators. Malta and Luxembourg’s rapid approvals have drawn scrutiny, with critics warning of a “race to the bottom”. While Coinbase eyes Luxembourg, Gemini turns to Malta. Regulators fear uneven enforcement could weaken oversight of the $3.3T crypto market.
• SEC Reshuffles Leadership with Crypto-Focused Appointments Amid Regulatory Pivot:
  • The SEC is reshaping its top ranks, appointing leaders with strong crypto and fintech backgrounds marking a clear shift under Chairman Paul Atkins. Jamie Selway, formerly of Blockchain, and compliance veteran Brian T. Daly are among the four new appointees. With recent case withdrawals and closed probes into Uniswap and others, the SEC appears to be easing its aggressive stance.
• Coinbase Reveals 60% of Fortune 500 Firms Are Embracing Blockchain:
  • Coinbase reports that 60% of Fortune 500 companies are actively developing blockchain projects, signaling a powerful wave of institutional adoption. Shared via a tweet by Crypto Rover on June 10, this milestone has triggered bullish momentum across crypto markets. Major tokens like BTC, ETH, LINK, and MATIC have surged in response.

Stories By EtherWorld

• Polygon Co‑founder Sandeep Becomes First CEO, Shifts to Startup Mode
• Breaking: SEC Stops Treating Crypto Devs Like Criminals - What are the New Rules?
• Ethereum Gears Up for Glamsterdam with these Proposals
• Ethereum’s GDPR move adds Privacy but could reshape Decentralization
• A Closer Look at What’s Coming in Fusaka Devnet 2

Technical Explainers

• Ethereum's Infinite Endgame: Balancing Issuance, Staking, and Decentralization
• EIP-4844 Explored: The Future of Shard Blob Transactions in Ethereum
• EIP-5656: MCOPY - An efficient EVM instruction
• An overview of Account Abstraction in Ethereum blockchain
• EtherStrategy vs. MicroStrategy: Onchain Ethereum Advantage Explained
• A Deep Dive into Blob-Parameter-Only (BPO) Forks

Client News and Updates

Client News

• Nethermind Launches End-to-End Blockchain Services for Institutions:
  • Nethermind, a core contributor to Ethereum, Starknet, and other major chains, is expanding its focus with institutional-grade blockchain solutions. Their new end-to-end services, spanning strategy, architecture, deployment, security, and compliance, aim to streamline Web3 adoption for enterprises and crypto-native protocols.
• Sepolia Activates History Expiry: Besu Releases Sepolia-Ready Client:
  • The first phase of History Expiry goes live on Sepolia on June 1st, and Hyperledger Besu is ready. A new Besu release supports syncing post-expiry with the --Xsnapsync-synchronizer-pre-merge-headers-only-enabled flag. This version is Sepolia-only and not yet mainnet-tested. Developers facing sync issues after the expiry should use this release.

Client versions

• Execution Layer:

  • Nethermind 1.31.11
  • Geth 1.15.11
  • Erigon 3.0.5
  • Besu 25.6.0
  • Reth 1.4.8
  • EthereumJS

• Consensus Layer:

  • Teku 25.5.0
  • Nimbus v25.5.0
  • Prysm 6.0.4
  • Lodestar 1.31.0
  • Lighthouse 7.0.1

Ethereum Governance & Related Standards

Ethereum Standards(May):

• EIP-7702: Set Code for EOAs [Reached Final]
• EIP-7600: Hardfork Meta - Pectra [Reached Final]
• EIP-7642: eth/69 - history expiry and simpler receipts - Pectra [Reached Final]
• EIP-7950: Encode chain id with transaction hash [New Draft]
• EIP-7773: Hardfork Meta - Glamsterdam [New Draft]
• EIP-7778: Block Gas Limit Accounting without Refunds [New Draft]
• EIP-7949: Genesis File Format [New Draft]

ERCs and Their Current Status:

• ERC-6093: Custom errors for commonly-used tokens [Reached Final]

Insights from EIPsInsights.com

Podcasts

• Institutions Pour Billions into Crypto! Stripe’s Bold Move & Genius Act Explained:
  • Ryan and David unpack Circle’s stunning IPO debut, soaring to a $25B market cap and triggering Wall Street’s stablecoin frenzy. They break down the landmark Genius Act vote, bringing unprecedented regulatory clarity to stablecoins, and dive into Stripe’s latest crypto bet, acquiring wallet innovator Privy
• Why ETH Might Be the Most Mispriced Asset in the World:
  • Etherealize is back with a bold new thesis: ETH is digital oil. In this episode, Vivek and Danny Ryan unpack their freshly released report, The Bull Case for ETH, which positions ether as the next great store of value, and a future global reserve asset for the digital economy.
• Is Joe Lubin the Michael Saylor of Ethereum?:
  • Joe Lubin returns to Bankless to break down his latest bold move—launching SBET, a publicly traded vehicle designed to accumulate and deploy Ether as a strategic treasury asset.

Upcoming Events

• Jun 16 – 18: DappCon
• Jun 23 – 25: NFT NYC
• Jun 24 – 26: Permissionless IV
• Jun 24: ETHMilan
• Jun Jun 26 – 28: ETHCluj
• Jun 30 – Jul 3: EthCC

Jobs

Looking for the next web3 Job opportunities? Check these out:

• Full Stack Developer @ EIPsInsight
• Social Media Manager @ EtherWorld
• Content Writer @ EtherWorld
• Video Editor @ EtherWorld

Want to post a job? Write to us as team@etherworld.co