FOCIL and Frame Transactions are the two must-ship proposals. A tapered issuance burn and a mandatory burn of execution rewards were declined because the cluster said issuance and reward policy belong in a broader ecosystem process.

Applications on the two-month-old Arbitrum network earned $2.66 million in 24 hours, ranking second behind Solana, with a memecoin launchpad as the biggest single source.

Bitcoin products still took 78.5% of the $133.3 billion traded in global crypto ETPs during July, even as ether led the money coming in.

Quantum safety moved up the queue, VDFs and most EVM improvement work moved down, and Verkle trees and state expiry were dropped for other constructions. Privacy, post-quantum scaling and native rollups were not on the 2023 diagram at all.

Joseph Chalom argues the draft would strip the base rate out from under roughly $35 billion in liquid staking token collateral and could push institutions to sell ETH as they unstake.

Stani Kulechov and Mike Silagadze headline two days of opposition to the tapered issuance burn, now renumbered EIP-8363. Ethereum core devs decide Thursday whether to consider it for Hegotá.

EIP-8361 would deduct a rising share of every validator's rewards as the staking ratio climbs, cancelling consensus issuance outright at 50%. It landed two days before the deadline to propose EIPs for Hegotá, and the timing drew an objection within hours.

The liquid staking protocol is migrating more than 8 million staked ETH onto a module that requires node operators to post bonds, a shift expected to cut Ethereum's validator count by about a third.

The largest corporate ether holder slowed its buying to its smallest weekly pace since June 2025, redirecting capital to a share repurchase, and now holds 5.78 million ETH — 96% of the way to its "Alchemy of 5%" target.

Bitmine and SharpLink backed the launch, and the founding team spent the past year running the Ethereum Foundation's Institutional Privacy Task Force.