The Ethereum Foundation Has Lost Its Way Ethereum founding member Anthony DOnofrio says the non-profit needs change.

Ethereum Foundation Moves $165M in ETH to Participate in DeFi The ether allocation comes amidst leadership changes aimed at improving technical expertise, communication, and support for app builders.

Ethereum L2s Are About to Hit a Brick Wall: Polynomial Protocol Founder Sustained demand for Layer 2s could quickly deplete the available blob capacity. The impending Pectra upgrade only kicks the can down the road, Polynomial’s co-founder said.

Ethereum Developers Finally Schedule ‘Pectra’ Upgrade Pectra is a “hard fork” of Ethereum encompassing an array of wallet, staking, and efficiency improvements.

Ethereum Transaction Revenue Has Surged Since Trump Election Victory: Steno Research The jump has led to higher staking rewards and more ether being burned through transaction fees, the report said.

Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March’s record activity. The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum. Blob fees spiked, leading to the burning of over 166 ETH worth $560,000 in the past week.

Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.

Memecoin Launchpad GraFun Expands to Ethereum to Clinch New Users Expanding to Ethereum will help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders.

Franklin Templeton Expands $410M Money Market Fund to Ethereum Blockchain Franklin Templeton has expanded the trading of its OnChain U.S. Government Money Market Fund to the largest blockchain, Ethereum.

Ethereum Pioneer’s New ‘Time Machine’ Makes Transactions Conditional on Future Events The new platform, called the “Ethereum time machine,” extends Ethereum’s programming capabilities by allowing smart contracts to execute transactions based on uncertain or not-guaranteed future events.

Ethereum Layer-2 Project Starknet to Roll Out Staking Feature Later This Month StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout.

Ethereum Foundation’s Treasury Shrunk 39% Over 2 1/2 Years to $970M TKTK

Is Optimism’s ‘Superchain’ Winning the Ethereum Layer-2 Race? One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where the teams encouraged developers to clone their code to spin up new layer 2s. Now, it appears, one project in particular, Optimism, appears to be pulling away as the clear leader.

Leading Bitcoin Layer 2 Picks Optimism’s Red-Hot Superchain to Link to Ethereum’ BOB’s aim is to create bridges between itself and layer-1 blockchains like Ethereum, with the ultimate goal of making Bitcoin the center of DeFi. Its decision adds to the critical mass of blockchain developers choosing to build on Optimism’s OP Stack.

Solana Looks Overbought Against Ethereum; Bitcoin-Gold Ratio Stuck in a Downtrend The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.

Staking in Ethereum ETFs Might Be a Question of When, Not If The eight spot ether exchange-traded funds had a successful launch on Tuesday, despite the missing staking feature that many investors had hoped to profit from.

Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity Layer-2 transactions have increased 20% since the Dencun upgrade in March, and that success could be a positive sign for the future of the network, the report said.

Vitalik Buterin Reflects On Strengths, Weaknesses of Ethereum, ‘Hardening’ the Blockchain The co-founder and intellectual leader of the largest smart-contracts blockchain ecosystem addressed a packed room at the EthCC conference in Brussels.

MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum There are several ways to front-run a pending bitcoin transaction. One in particular could lead to private mempools, and thus centralization of authority on the blockchain.

Ethereum’s Next Upgrade, ‘Pectra,’ Could Include Relief for Institutional Stakers, Wallet UX Improvements Developers’ aim with Pectra is to make some minor code changes while simultaneously working on a bigger code change, Verkle trees, for the following upgrade.