Week 62 - EigenLayer's Ethereum Mainnet Launch - $500M Staked in First 24 Hours | New AVSs Live with EigenDA! | Ethereum's Pectra Upgrade Takes Off | Blast L2 Multiplier NFTs Launch | Base Chain Surp
Hashingbits: Your Weekly Dose of Web3 Innovation and Security
GM! Buidlers
In this edition of Hashingbits, we explore significant updates in Ethereum's ecosystem, including the mainnet launch of EigenLayer and its data availability layer, EigenDA, enhancing functionalities for various stakeholders. The Pectra Upgrade promises to improve smart contract capabilities and wallet UX. We also report on Blast L2's Multiplier NFTs, Base Chain's growth to over $4 billion in TVL, and a critical congestion patch for Solana, emphasizing the ongoing need for robust, adaptive solutions in the blockchain space. Additionally, we highlight rugpull incidents where fake tokens mirrored legitimate ones, causing significant losses. Stay updated with the latest in Web3 innovation and security, curated by QuillAudits.
EtherScope: Core Developments 👨💻
Ethereum All Core Developers Consensus Call #131 Writeup
Ethereum’s next hard fork could make lost private keys a thing of the past
Ethereum's Pectra upgrade slated for Q4 2024, bringing smart contract features and improved UX for wallets
Ethereum Developers’ Target for Pectra Launch
EIPs:
ERCs:
ERC 7683: Cross Chain Intents Standard
ERC-7621: Basket Token Standard
ERC-2510 : Valued Tokens with Layered Liquidity
ERC - 5792: Auxiliary Funds Capability
EcoExpansions: Beyond Ethereum 🚀
Sui Network
Sui Network unveiled SuiPlay0X1, a new handheld gaming device powered by Playtron's gaming OS. Available in 2025, join the waitlist now!
EigenLayer
EigenLayer and its data availability layer EigenDA launched on the Ethereum mainnet, enabling new functionality for restakers, operators, AVSs, and rollups.
First 24 Hours of EigenLayer Brings $500M In Delegated Stake As TVL Hits All-Time High
Google Cloud, Coinbase join EigenLayer as operators
Six new AVSs are coming live today alongside EigenDA!
Base Chain
Blast Multipliers are live. Users can get the Multiplier NFTs that boost Blast points by using any featured DEXs on Blast L2.
Base TVL Hits $4 Billion as Transactions Per Second Surpass Ethereum.
Solana
Solana faced network congestion due to increased project and user activity. Anza, a Solana-focused development firm, is testing a patch and will release validator client fixes this week.
Solana Congestion Fix Nears as Devs Ask Validators to 'Upgrade ASAP’
Polkadot
Polkadot active addresses hit record 600K
DevToolkit: Essentials & Innovations 🛠️
Guide to migrate from from hardhat-deploy to Hardhat Ignition
Fuzz-utils v0.2.0: generate Echidna/Medusa compatible fuzzing harnesses
Tweak (Foundry fork): alter onchain verified contracts (e.g. add console.log) & replay historical transactions
OpenSea ERC721C support: enforced creator royalties but restricted to OpenSea & Magic Eden
Sigmund (CLI): collect function selectors from any contract
SIWE AAbstractor: connect smart accounts to apps via Sign in with Ethereum
Validium Mode available on ZK Stack
Explore the Depths of Knowledge: Research Papers, Blogs and Tweets🔖
Twitter
How Liquid are Liquid Restaking Tokens ?
Real World Assets, Real World Application
Incentivizing L2 Decentralization
Solana implementation issue
GitHub Repos
An open-source, up-to-date toolkit for building decentralized applications (dapps) on the Ethereum blockchain.
Articles
Ethereum Staking Weekly Report
Securing Digital Assets: The Rise of ERC-4626 in DeFi Vault Technology
Liquid Restaking Protocols Take Over
Valuation for Ethereum Optimistic Rollups
Deep dive into Bittensor
The Unified Architecture of Ethereum
Research Papers
Is Your AI Truly Yours? Leveraging Blockchain for Copyrights, Provenance, and Lineage
Measuring Arbitrage Losses and Profitability of AMM Liquidity
Mechanism Design for ZK-Rollup Prover Markets
Watch🎥
Web3 Security Watch 🛡️
Articles
How To Mitigate Share Inflation Vulnerabilities of ERC-4626 Compliant Vault Contracts.
Web3 security: risks and best practices for staying safe
GitHub Repos
Awesome Smart Contract Analysis Tools by LouisTsai-Csie.
Research
Large Language Models for Blockchain Security: A Systematic Literature Review
AuditGPT: Auditing Smart Contracts with ChatGPT
VELLET: Verifiable Embedded Wallet for Securing Authenticity and Integrity
Automated Attack Synthesis for Constant Product Market Makers
Tweets
Thoughts on $SAGA: the new Modular Blockchain with Shared Security.
Tools
Zerem - A DeFi Circuit Breaker and Funds Router that protects protocols from loss of funds due to exploits and other forms of errors by hananbeer.
Hacks and Scams 🚨
Fake Token Rugpulls are proliferating, with numerous instances where counterfeit tokens bear identical names to legitimate ones, leading to widespread rugpulls. Among the notable rugpulls following this pattern are:
$MASA (Loss ~$502K)
Fake $MASA on Ethereum dropped -100%. The deployer 0xEB35...80a71 dumped 1,769,800,761,000,000 $MASA for ~142.8 $WETH.
$MONAD (Loss ~$266K)
Fake $MONAD on Ethereum dropped -100%. The deployer 0x89F9...659C dumped 1,769,800,761,000,000 $MONAD for ~74.59 $WETH .
$OAI (Loss ~$301.6K)
Fake Oasis AI $OAI on Ethereum dropped -100%. The deployer 0x4f89...c2cc dumped 1,603,040,020,640,000 $OAI for ~85.38 $WETH.
$SAGA (Loss ~$41.5K)
Fake CryptoSaga $SAGA on #BNBChain dropped -100%. A whale 0xDeD2...c269 dumped ~8.1m $SAGA for ~71.4 $BNB.
Avoid rug pulls with QuillCheck's easy token safety checks on multiple chains. QuillCheck Button ➖
https://quillcheck.quillaudits.com/
Community Spotlight
link the twitter AMA Recording on the image ➖ https://x.com/QuillAudits/status/1778761317186490612
Sneak Peak from our Latest Quillbuidler meetup !!
