EthHub Weekly #192
OVM 2.0 upgrade now live, Arrow Glacier is coming, DAI Wormhole detailed and much more!
News of the Week
The social media firm Twitter is building out a new crypto team to add crypto, blockchain and decentralized technology into the popular social media platform.
The Financial Times reported Wednesday that Twitter has hired Tess Rinearson to be its crypto engineering lead.
Rinearson also took to Twitter to reveal plans for what the crypto team will focus on in the near future. First, they'll grow decentralized apps (DApps) for creators to manage virtual goods, currencies and ways for their fans to support their community.
Farther down the road, Rinearson hinted that her team will look to crypto tech to augment identity, community and ownership on Twitter.
The U.S. Securities and Exchange Commission has rejected a proposed effort to list a spot bitcoin exchange-traded fund.
The agency, which regulates securities markets in the U.S., had previously punted its final determination on VanEck's proposed fund. The most recent delay took place in September, setting the stage for a final deadline of November 14 (though it was expected sometime Friday given the weekend timing).
"This order disapproves the proposed rule change," the SEC said in its notice, published Friday. "The Commission concludes that BZX has not met its burden under the Exchange Act and the Commission’s Rules of Practice to demonstrate that its proposal is consistent with the requirements of Exchange Act Section 6(b)(5), in particular, the requirement that the rules of a national securities exchange be “designed to prevent fraudulent and manipulative acts and practices” and “to protect investors and the public interest.”
The upgrade will go live on the Ethereum mainnet at block 13,773,000 around December 8th. The only change included is one to push back the difficulty bomb to June 2022.
The Optimistic Ethereum network has now been upgraded to be EVM equivalent and projects interested in deploying on the network can apply using this form.
The ‘Sign in With Ethereum’ library will allow developers to build their own SIWE infrastructure.
This open-source Ethereum node crawler attempts to track all of the nodes that are live on the Ethereum network.
With this integration, zkSync will give developers access to a high-quality source of market data that reflects full market coverage, is historically reliable during market volatility, and is provably secure against data manipulation attacks like flash loans
Users can now can browse dapps, access thousands of cryptocurrencies, trade on decentralized exchanges (DEXes), earn interest, and collect NFTs, all by using the new Coinbase Wallet browser extension.
The brand update creates separate visual identities between the Uniswap Protocol and Uniswap Labs, further defining the function, responsibilities, and governance of each.
Pools can now be created on Uniswap v3 using the new 0.01% fee tier - perfect for stablecoin pools.
The teams have built a new Ledger + MetaMask integration on Chrome and the integration now works seamlessly again.
The Copper team announced that it will be integrating and going live with Ethereum scaling solution Polygon on the 22nd of November.
The DAI Wormhole will allow users to teleport DAI between L2s while being fast, cheap, and secure at the same time.
The Connext Ecosystem Grants Program’s aim is to fund promising individuals and projects to build and contribute to growing the network.
Across Protocol makes it possible to bridge USDC, ETH, and UMA from Arbitrum back to L1 Ethereum with more networks coming soon.
Global Settlement Infrastructure - The Daily Gwei
Tokens, Tokens Everywhere - The Daily Gwei
Ethereum Roadmap Update | End of 2021 - Trent van Epps via Bankless
The Ultimate Guide to L2s on Ethereum - Dcbuilder.eth
ConsenSys Web3 Report - Many authors
Hiding in Plain Sight - Samczsun
Beacon Chain D&D - Harish Kamarul via Etherscan
How Rollups Scale Ethereum - Nicolas Laurent
Nimbus: Execution Layer - Sacha via Status Blog
How to Manipulate Uniswap’s TWAP Oracles - Michael Bentley
Brian Armstrong and The Future of Coinbase - Bankless
Meme of the Week
sassal.eth 🦇🔊🐼 @sassal0xI spent the last 4yrs fighting lies, misinfo & toxicity around Ethereum. Unfortunately it has now caught up with me & taken an extreme toll on my mental health. So for now, my twitter watch has ended, but I hope the many awesome Ethereans can pick up where I'm leaving off.
Looking for Work?
Top jobs listed on Cryptocurrency Jobs this week:
Senior DevOps Engineer - Fuel Labs
DAO Operations Lead - Reflexer Labs
Protocol Engineer (Vac Team) - Status
DeFi Liquidation Bot Developer - Euler
+1000’s more on the Cryptocurrency Jobs website!