EthHub Weekly #181

Arbiscan now live, Optimism adds custom token bridging, Nova introduced, ENS adds DNS integration and much more!

Curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar)

⛓️ Doing the Splits

As I’m sure you’re all well aware of by now, last Friday Ethereum unfortunately had a chain split due to an exploit that was triggered on Geth v1.10.7. I’m not going to go through all the details here (for that you can read Kelvin’s thread here) but I will say that the Ethereum ecosystem definitely dodged a bullet here. This is because we got lucky that most of the important network nodes had upgraded to Geth v1.10.8 before this exploit was triggered (thus protecting them from it). Anyway, as always, Eric and I will be talking about this and the rest of the weeks news in more detail on the podcast - subscribe here so that you don’t miss it!

Have a great week everyone!


News of the Week

⚖️ Ontario Securities Regulator Bars the Country's First Registered Crypto Platforms from Trading Tether

The Ontario Securities Commission has barred a pair of trading platforms that offer crypto services from trading Tether, according to regulatory documents issued in recent weeks.

Both based in Toronto, Wealthsimple and Coinberry are the first companies of their kind allowed into what the Canadian Securities Administrators term "an interim, time-limited registration framework that would allow crypto asset platforms to operate within a regulated environment, with regulatory requirements tailored to the crypto asset platform's operations."

Yet those approvals appear to limit these platforms to a select number of approved cryptocurrencies, naming bitcoin, ether, bitcoin cash and litecoin in particular.

🏀 NBA Icon Stephen Curry Buys Bored Ape NFT for $180,000

Three-time NBA champion and two-time MVP Stephen Curry has decided to join the Bored Ape Yacht Club, picking up one of their NFTs for 55 ETH ($180,000).

Bored Ape Yacht Club is a collection of 10,000 apes with dour expressions. They feature a range of attributes, ranging from different expressions to outfits, hairdoos and even having cheetah fur.

Curry's bored ape in particular has blue fur, zombie eyes and is wearing a tweed suit. The last two are particularly rare attributes, with only 3% of apes having zombie eyes and 1% of apes wearing tweed suits.

Project Updates

Ethereum Projects Donate to Core Development

Compound, Kraken, Lido, Synthetix, The Graph, and Uniswap have donated $250,000 each to support Ethereum execution-layer client teams.

What’s New in Eth2 - 27 August 2021

The usual eth2 update from Ben with coverage of the Beacon Chain, links to explainers, media and more.

Finalized No. 28

In this update, Danny Ryan details the road to Altair - from the Pyrmont and Prater forks to mainnet.

Coinbase to Support Ethereum Scaling Solutions

Coinbase are hiring more people for their Protocol team in order to add support for Ethereum scaling solutions. They’ll be starting with Polygon and then adding others such as Optimism, Arbitrum and StarkWare over time.

Nova Introduced

Nova allows for trustlessly relaying arbitrary contract calls between L2 and L1. With Nova you can make trades on L1 Uniswap, ape into L1 NFTs and use L1 AAVE— all from L2.

Hoptimism Introduced

Hoptimism is the first “fast bridge” from Hop Protocol that connects Optimism to Ethereum and other scaling solutions.

Optimism Adds Custom Token Bridging

The new Gateway interface enables arbitrary token deposits and withdrawals to Optimistic Ethereum.

Arbiscan Now Live

You can now browse through the Arbitrum One chain by using this Etherscan-like block explorer.

L2Beat Updated

The layer 2 tracking website now has a risk view, new research and more.

Lyra Finance Now Live on Optimism

Lyra is the first project to be designed natively for OΞ, accessing a design space that is unbounded by the constraints of L1. Lyra allows users to buy and sell different options products.

ENS Adds Full DNS Integration

This integration enables a DNS domain owner to import it for use on ENS - for example, Google can now attach their Ethereum address to and have it work exactly like google.eth would.

Shadowy Super Coder Pack Launched

The Shadowy Super Coder pack includes specially-designed Shadowy Coder NFTs and various exclusive perks that are worth $300 million USD from various infrastructure partners.

Introducing Ribbon V2

Ribbon v2 focuses on 3 main components: decentralization of the vaults, rebuilding the vault accounting system and governable vault parameters.

Maple Lock-Up Period Reduced

Lenders now only need to lock-up their funds in the Maple protocol for 90 days instead of 180 days and this applies to both new and existing deposits.

Euler Raises $8 Million

The Series A round was led by Paradigm with participation from Lemniscap and angels.

Introducing Element’s Treasury Management Initiative

In this post, Charles St.Louis from the Element Finance team details how Element is making it easier for DAO’s to manage their treasuries.

Aave Governance Cross-Chain Bridges Introduced

These bridges offer a unique set of tools to enable true cross-chain governance on Ethereum — that the Aave community can consider adopting.

a16z Open Sources Their Token Delegate Program

a16z has decided shared their token delegate program with the community and to open source all of its component parts.

Introducing Tracer's Perpetual Pools

Perpetual Pools allow anyone to acquire low-cost, leveraged exposure to any asset with zero risk of liquidation, zero trust in a centralized party, and zero limits set on leverage.

IMX Public Sale Announced

The sale will take place on the 8th of September via CoinList - IMX is the native token of the Immutable X layer 2 network.

Loopring Now Supports NFTs on L2

Loopring zkRollup now supports NFT minting, trading, and transfers, directly on L2 with any NFT minted on L2 able to be withdrawn to L1.

Interesting Tweets

Ecosystem Bits

Blog Posts



Meme of the Week

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