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EthHub Weekly #192
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EthHub Weekly #192

OVM 2.0 upgrade now live, Arrow Glacier is coming, DAI Wormhole detailed and much more!

Anthony Sassano
Nov 16, 2021
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Curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar)


News of the Week

🐦 Twitter Forms new Crypto Team to Incorporate Decentralized Tech Into the Platform

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. 

⚖️ SEC Rejects VanEck’s Spot Bitcoin ETF

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.”


Project Updates

Arrow Glacier is Coming

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.

OVM 2.0 Now Live

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.

SIWE Library Released

The ‘Sign in With Ethereum’ library will allow developers to build their own SIWE infrastructure.

New Ethereum Node Crawler

This open-source Ethereum node crawler attempts to track all of the nodes that are live on the Ethereum network.

zkSync Integrates with Chainlink

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

Coinbase Wallet Now a Standalone Extension

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.

Uniswap Protocol Shows Off New Branding

The brand update creates separate visual identities between the Uniswap Protocol and Uniswap Labs, further defining the function, responsibilities, and governance of each.

Uniswap Adds 0.01% Fee Tier

Pools can now be created on Uniswap v3 using the new 0.01% fee tier - perfect for stablecoin pools.

MetaMask and Ledger Integration Fixed

The teams have built a new Ledger + MetaMask integration on Chrome and the integration now works seamlessly again.

Copper Integrates with Polygon

The Copper team announced that it will be integrating and going live with Ethereum scaling solution Polygon on the 22nd of November.

DAI Wormhole Detailed

The DAI Wormhole will allow users to teleport DAI between L2s while being fast, cheap, and secure at the same time.

Connext Ecosystem Grants Program Announced

The Connext Ecosystem Grants Program’s aim is to fund promising individuals and projects to build and contribute to growing the network.

Across Protocol Live on Mainnet

Across Protocol makes it possible to bridge USDC, ETH, and UMA from Arbitrum back to L1 Ethereum with more networks coming soon.


Interesting Tweets

  • A breakdown of popular blockchain myths

  • What gas fees look like during NFT mints

  • 7 takeaways from the Polygon Hermez fireside chat

  • Nick Johnson on ENS’ growth over the years

  • How Ethereum will change the world

  • Ethereum will reduce its energy use by 99.95% with the switch to PoS


Ecosystem Bits

Blog Posts

  • 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

  • Fully Confidential Ethereum Transactions: Aztec Network’s Privacy Architecture - Jon Wu

Podcasts

  • Brian Armstrong and The Future of Coinbase - Bankless

  • Coin Center: The Current US Regulatory Landscape for Crypto - Epicenter

Misc

  • New testnet faucet from Paradigm

  • Kintsugi Spec v2


Meme of the Week

Twitter avatar for @Crypt0xWifeCryptoWifΞ 🦇🔊 @Crypt0xWife
Thank you @sassal0x 💜 How it started/How it's going
Image
Image

sassal.eth 🦇🔊🐼 @sassal0x

I 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.

November 7th 2021

113 Retweets1,403 Likes

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!


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