News linked to both this project and an event.
Odaily News: The Ethereum Foundation (EF) has warned that the Gas model changes in the Glamsterdam upgrade may cause some wallets, indexers, and gas estimation tools to malfunction. The EF Protocol DevOps team stated that tools relying on hardcoded maximum gas limits will fail, and developers need to update their systems and test on the Plataberget public testnet. Plataberget went live on August 13 and is expected to run for several months. The Glamsterdam fork is scheduled to activate on the Ethereum network on Thursday, followed by deployment to the Sepolia and Hoodi testnets. EIP-8037 will introduce a separate state gas dimension for operations that create new state. Transferring ETH to an existing account will still require 21,000 gas, while transfers to new accounts will incur additional state gas; developers should also re-examine software that treats 21,000 gas as the cost for all ETH transfers, or that estimates transaction fees using only a single gas dimension. (Cointelegraph)
Odaily News: Stable has released an updated whitepaper, with its core design philosophy centered on rebuilding blockchain infrastructure around stablecoins. Unlike traditional public chains that treat stablecoins as application-layer assets, Stable uses USDT as its native gas asset and primary settlement asset, allowing users to complete transactions without holding additional volatile tokens. Additionally, the network supports PayPal-issued PYUSD as a first-tier settlement asset.In terms of tokenomics, the total supply of STABLE is 100 billion tokens. Of this, approximately 18 billion (18%) entered circulation at token generation, including 10% from the Genesis Distribution and 8% from the Foundation's first-day unlock; the remaining 82 billion (82%) are placed into a consolidated lock-up pool (Universal Lock).According to the whitepaper, the 82 billion locked tokens will adopt a unified release mechanism, unlocking gradually across 7 phases:Phase 1: 5% (4.1 billion) released on December 8, 2027Phase 2: 5% (4.1 billion) released on March 8, 2028Phase 3: 10% (8.2 billion) released on June 8, 2028Phase 4: 15% (12.3 billion) released on September 8, 2028Phase 5: 15% (12.3 billion) released on December 8, 2028Phase 6: 20% (16.4 billion) released on March 8, 2029Phase 7: 30% (24.6 billion) released on June 8, 2029All locked tokens will be unlocked through a daily linear release mechanism, with all tokens expected to fully enter circulation by December 8, 2029 at the latest. In addition, the whitepaper includes a price protection mechanism: if the 30-day volume-weighted average price of the token falls below $0.025 before the designated release date, the corresponding unlock phase may be delayed by up to 9 months.
Justin Drake stated that Ethereum L1 will no longer adopt the SNARK-friendly hash function Poseidon, which has dominated since 2019, shifting toward traditional hash functions such as SHA2 or BLAKE2s. This adjustment is based on progress in the SNARK design space, with the focus shifting from "SNARK-friendly hashing" to "hash-friendly SNARKs." By natively aligning Boolean operations in traditional hashing with binary fields, the proving performance of traditional hashes in SNARKs has reached 1 million operations per second, with an overhead of approximately 100x. Research efforts such as Binius and Flock have driven related progress. The Ethereum Foundation's post-quantum team is advancing this roadmap, which includes deploying a production-grade leanVM in 2027 and deploying across the consensus layer, execution layer, and data processing layer in 2028. Justin Drake also noted that AI's enhanced capabilities in cryptanalysis have recently dealt successive blows to the lattice-based scheme HAWK and the isogeny-based scheme SQIsign, with hash-based schemes being used for blockchain post-quantum signatures. The trend of open-source automated research is also accelerating, with SNARK.fast achieving 1.8 million BLAKE3 proofs per second.
Odaily News: Ethereum treasury company Sharplink (Nasdaq: SBET) announced it will stake $200 million worth of ETH through Lido, Ethereum's largest liquid staking protocol, to enhance returns on its ETH holdings.Sharplink stated that following this staking, the company will receive wrapped staked ETH (wstETH), which represents staked ETH and its rewards, with institutional-grade digital asset custodian Anchorage Digital responsible for custody. This allocation will further expand Sharplink's existing ETH staking and restaking strategies.Lido is currently one of Ethereum's largest liquid staking protocols, with approximately $16.5 billion in ETH staked on the platform. Its wstETH token has been integrated by over 100 protocols, with roughly $10 billion currently used as DeFi collateral. While holding wstETH, users' underlying ETH continues to accrue staking rewards and can still be utilized within the Ethereum DeFi ecosystem.Sharplink CEO Joseph Chalom stated that introducing Lido will further enhance the productivity of the company's ETH assets, leveraging wstETH's composability while maintaining institutional-grade risk management standards. This collaboration will strengthen the diversification of the company's treasury strategy and provide access to one of the most liquid and widely used assets in the Ethereum DeFi ecosystem.Vasiliy Shapovalov, Executive Director of the Lido Labs Foundation, stated that Sharplink's increased use of Ethereum's native staking protocols and DeFi ecosystem reflects its support for the Ethereum application ecosystem. (Globenewswire)
Odaily News: The cross-chain bridge connecting XRP Ledger and Coreum was attacked on August 9. The attacker exploited a validation logic vulnerability to steal approximately 199,900 XRP, reducing the bridge's asset balance from roughly 200,400 XRP to 493.5 XRP. The attack did not involve private key leaks and did not target the XRP Ledger protocol itself. The attacker forged deposit operations, causing the bridge system to recognize them as legitimate deposits and triggering the bridge wallet on the other end to send real XRP. On-chain data shows that the attacker completed the fund transfer through 94 multi-signature authorization transactions within 97 minutes. These transactions required signatures from 17 of the 28 relay node keys, allowing the attacker to bypass the bridge's validation mechanism. As of August 11, the Coreum cross-chain bridge remains suspended, and the Coreum Development Foundation has not yet released an official incident report. The XRP mainnet and user private keys remain unaffected and secure.
Odaily News ENS DAO has voted to pass the "Next Era of ENS DAO" proposal and completed on-chain execution, officially establishing the ENS Foundation to usher the ENS ecosystem into a new phase of governance.According to the proposal, the ENS Foundation will become a fully operational organization, equipped with a full-time executive director, a professional team, and a board of directors consisting of 5 members. It will be responsible for ENS's institutional work in legal, policy, standards-setting, and brand protection. ENS stated that over the past nearly decade, it has developed into critical infrastructure within the Ethereum ecosystem, with millions of registered domain names and integration across numerous wallets, applications, and Layer 2 networks. However, the DAO itself lacks a legal entity status, which prevents it from effectively participating in internet naming system governance, signing institutional cooperation agreements, hiring full-time employees, safeguarding trademark rights, or engaging in regulatory discussions. The establishment of the ENS Foundation aims to fill this gap. Going forward, the Foundation will be responsible for:1. Representing ENS in internet standards organizations such as ICANN, IETF, and W3C, to promote the recognition and management of the ".ens" top-level domain (TLD);2. Participating in policy discussions as a legal entity, communicating with regulators and government agencies;3. Holding and protecting ENS trademarks and intellectual property, and combating phishing and impersonation activities;4. Hiring full-time employees to manage ecosystem operations, grant programs, and treasury management;5. Serving as the formal cooperation entity between traditional institutions such as registrars and standards organizations and the ENS ecosystem.
According to The Block, open-source Bitcoin payment processor BTCPay Server disclosed a critical security vulnerability being actively exploited last Friday and urgently requested users to upgrade to version 2.4.2. The vulnerability affects all versions prior to 2.4.2; attackers can use it to steal administrator macaroon authentication credentials of LND nodes, thereby fully controlling the connected Lightning Network wallets. Users such as Foundation and Citadel21 have confirmed that their Lightning node funds were drained, but BTCPay has not publicly disclosed the total amount stolen or the number of affected nodes. Currently, the official release version 2.4.2 has fixed this vulnerability, and on-chain hot wallets are not affected. The BTCPay Server Foundation has donated 0.21 BTC each to security researcher Craig Raw and Bitcoin Red Team to commend their responsible private disclosure of the vulnerability. Meanwhile, BTCPay supporters have promised to provide a bounty incentive of "10% of recovered funds," capped at 3 BTC.
Odaily News: UAE-based foundation Aqua1 Foundation purchased $100 million worth of governance tokens from decentralized finance project World Liberty Financial (WLFI) on June 26, marking the largest single publicly disclosed purchase of the token to date. The funds trace back to Chinese businessman Guren "Bobby" Zhou, with up to $75 million flowing to entities linked to the Trump family and World Liberty Financial co-founder Zach Witkoff. WLFI tokens confer governance and voting rights and do not represent equity in the company. Zhou was arrested in the UK in March 2021 on suspicion of money laundering, with UK law enforcement investigations still ongoing as of late July 2026. Two of his long-time employees were indicted in September 2025, one of whom has pleaded guilty, with trial scheduled for 2028. Zhou has not yet been formally charged. Zhou met with Eric Trump in Dubai to discuss the investment and described it as participation in the "Trump family's crypto project." The source of the $100 million Aqua1 used to purchase WLFI remains unclear, and public information does not indicate any direct link between these specific funds and money laundering activities. (Bitcoin.com News)
Sky Frontier Foundation released the July 2026 Operations and Financial Update. The report shows that Sky Protocol achieved total protocol revenue of $107.35 million and a net protocol surplus of $33.29 million in the second quarter of 2026, maintaining a surplus for the fifth consecutive quarter, with protocol collateral scale increasing year-over-year.
According to an official announcement, Cardano Foundation Chief Technology Officer Giorgio Zinetti will depart from the foundation on August 31. The foundation expressed its gratitude for his support and significant contributions to the development of the foundation and Cardano since he assumed the role of Chief Technology Officer in 2024.
According to Cointelegraph, BTCPay Server has temporarily restricted public remote connections to Lightning Network nodes due to attackers exploiting a critical vulnerability in LND (Lightning Network Daemon) to steal node credentials and transfer funds. Version 2.4.2 has upgraded to LND 0.21.1 and automatically rotates macaroon credentials in standard installations. The project team reminds operators to check for abnormal payments, channel closures, and balance changes as soon as possible; if nodes are exposed via self-built reverse proxies, Tor services, or port forwarding, relevant credentials must also be manually replaced. Currently, Foundation and Citadel21 have reported node fund losses, but the specific scale of losses has not yet been disclosed.
Bitcoin payment processing service BTCPay Server has temporarily restricted public remote connections to Lightning Network nodes running Lightning Network Daemon (LND) software. Attackers exploited a severe vulnerability to obtain credentials and transfer funds. The number of affected operators and the total amount stolen have not yet been disclosed. This restriction affects external wallets such as Zeus that connect via BTCPay Server domains or Tor onion addresses in Docker deployments, but Lightning Network payments can still continue. BTCPay Server stated that remote access functionality will be restored once security is confirmed. BTCPay Server 2.4.2 will install LND 0.21.1 and automatically regenerate macaroon credentials during standard installation. Foundation and Citadel21 have respectively disclosed that funds from their Lightning Network nodes were swept. Foundation stated that hot wallets were not affected, and the specific amounts of losses have not been disclosed.
Odaily News: Anas posted on platform X, stating that the Solana perpetual contract protocol FlashTrade will be shutting down the project and seeks to sell its existing tech stack to compensate FAF holders. Anas cited severe internal team disagreements, a shrinking market, and a prolonged lack of profitability as reasons for the closure, adding that what hurt him most personally was the Solana Foundation's indifference toward the team. He claimed that the Solana Foundation only fully supports one team because it believes this contributes to Solana's success, while emphasizing that he is not blaming the foundation for the project's failure and acknowledged being overly emotional about the matter. Solana co-founder Anatoly Yakovenko subsequently responded, stating that the foundation cannot determine whether a product succeeds, as its primary role is to assist with go-to-market efforts and expand exposure at product launch, and that ultimately, whether attention translates into users depends on the product itself.
: Bitcoin News posted on the X platform stating that Foundation has released KeyOS 1.3.1 for Passport Prime, adding a mnemonic generation feature. Users can input the first 11 or 23 words of a BIP39 mnemonic, and the device will generate a valid final word that meets checksum requirements. Users can manually generate mnemonics by rolling dice, flipping coins, or other methods, and complete mnemonic generation directly on the Passport Prime without the need for external tools. Foundation stated that AI security reviews conducted using Claude Fable Max and ChatGPT 5.6 Sol Extra High found no serious security issues.
Odaily News, SharpLink CEO Joseph Chalom has formally opposed Ethereum Improvement Proposal EIP-8363, stating that if passed, the proposal could weaken the DeFi ecosystem, limit institutional interest in Ethereum, and erase a key advantage ETH holds over Bitcoin.EIP-8363, also known as "Tapered Issuance Burn," works by gradually increasing the proportion of consensus layer validator rewards that are burned as ETH staking ratios rise. When approximately 50% of ETH's supply is staked, the reward burn ratio would reach 100%, meaning issuance returns would drop to zero. If passed, the mechanism would be phased in gradually over roughly 18 months.The proposal, introduced earlier this week, has sparked significant controversy. Supporters argue it could limit the scale of ETH staking through market-based means while reducing the dilution problem faced by non-stakers. Proposal authors include Ethereum Foundation researcher Justin Drake, EthCC founder Jérôme de Tychey, and others.However, critics argue the mechanism could disproportionately harm solo stakers and weaken Ethereum's security. Chalom stated that the proposal's authors are all serious researchers and long-term Ethereum supporters, but "well-intentioned people can also be wrong."
The Ethereum Foundation (EF) is globally recruiting Protocol Security Researchers (Remote Full-time), a role within the Protocol Security team. The team is responsible for identifying and intercepting vulnerabilities before they reach mainnet, with work covering Execution Layer/Consensus Layer security reviews, AI-assisted vulnerability discovery, fuzzing, specification audits, and coordinating vulnerability disclosure. Candidates are required to have deep experience with the Ethereum protocol, be familiar with EL/CL specifications and client implementations, and be proficient in languages such as Go, Rust, Java, C#, Nim, or Python. There are no hard requirements on years of work experience, with technical depth being the core consideration.
Odaily News: According to market sources, the Optimism Foundation has announced its OP supply plan, projecting the addition of 343 million tokens over the next year,
Odaily News: Blockchain data analytics platform Arkham has announced support for the x402 standard, developed by Coinbase and governed by the Linux Foundation, enabling AI Agents to make real-time payments in USDC when calling Arkham APIs.Arkham stated that by combining Coinbase Agentic Wallet with the Arkham API, traders can allow AI Agents to automatically track fund movements of large on-chain holders, identify whale accumulation or distribution behavior, and analyze changes in wallet fund flows in real time.
The Kite Foundation stated that it detected attacks targeting KITE tokens. After the security system discovered abnormal KITE token transfer activity on the Ethereum mainnet, the team immediately initiated the incident response mechanism and suspended KITE token transfers and cross-chain bridging on the Ethereum mainnet. The Foundation stated that the affected tokens have been frozen in place, cannot be transferred, and will not flow into the secondary market. Currently, the scope of the incident is limited to the Ethereum mainnet, and the relevant tokens have not moved since then.
Odaily News Coinbase has released its Q2 2026 Solana validator operations report, stating that its Solana validator nodes outperform the network average in terms of yield, stability, and infrastructure distribution. Data shows that Coinbase currently stakes approximately 41.63 million SOL across 23 validator nodes, accounting for 9.72% of Solana's total staked supply, with nodes distributed across 7 countries, including the United States, United Kingdom, Germany, Japan, Singapore, and other regions. Key operational metrics are as follows:Staking scale: 41.63 million SOL, representing 9.72% of total network staked supply;Staking yield: Q2 2026 quarterly APY of 6.52%, higher than the network average of 6.38%, outperforming by 14 basis points;Block skip rate: 0.035%, lower than the network average of 0.136%, approximately one-quarter of the network average.Coinbase stated that its validator nodes employ a multi-client architecture, currently running four clients, including Harmonic, Jito, JitoBAM, and Firedancer. All solutions have been reviewed by the Solana Foundation and do not employ aggressive MEV timing strategies that could impact user experience. In terms of infrastructure, Coinbase has deployed its validator nodes across two independent bare-metal service providers, with off-site backups configured for each node to mitigate single points of failure. Additionally, the company stated that it has migrated its entire validator cluster to the DoubleZero network, achieving approximately 99.9% session availability.Coinbase also revealed that it is preparing for Solana's Alpenglow consensus upgrade, expected to advance later in 2026, including running community test nodes, developing new consensus health monitoring tools, and completing related vote account upgrade verification.