Your Weekly Dose of "WTF is going on in crypto" is here 🫡

GM BUIDLers!

In this latest issue of HashingBits, we're diving deep into Ethereum's Core Developers meetings, covering all the major updates in the Ethereum ecosystem. But that's not all - we'll explore the latest happenings in the Arbitrum, Base, and Solana ecosystems, along with advancements in the AI and Web3 space. For developers, we're highlighting new tools designed to assist smart contract developers and auditors.

EtherScope: Core Developments 👨‍💻

• ​ETHproofs Call #1 | zkEVMs​
• ​PeerDAS Breakout Room Call #27​
• ​L2 Interop Working Group Call #8​

L1 & L2 Developments

• ​Base has reached Stage 1 Decentralization
• ​Hyperliquid now supports builder-deployed perps (HIP-3) on their testnet.
• ​cmETH Fixed Yield Vaults are now 100% filled.
• ​Maia DAO integrated Across Protocol Intents.
• ​Ionet dropped Container-as-a-Service.
• ​Jupiter announced Ultra v2, an ultimate swap engine.
• ​Hyperbeat announced vaults with Morpho, HyperUnit, and Ethena
• ​Kodiak, a DEX on berachain, announced new LP pools with APY as high as 500%.
• ​Infinex announced Infinex Connect, a perpetual dex that is cross-chain by default.
• ​DeFiLlama launched the full version of LlamaFeed.
• ​Enzyme Finance launched on Arbitrum.
• ​Aztec launched its public testnet.
• ​Euler Finance hit $1.5B in deposits.

EIPs

• ​EIP-7938-Increment in Gas Limit by 100x​

EcoExpansions: Beyond Ethereum🚀

Arbitrum

• ​Folks Finance has received a grant from AF to incentivize crosschain markets and boost yields.
• ​Fhenix launched Encrypted Smart Contracts on Arbitrum.
• ​RWAs hit $240M in TVL on Arbitrum
• ​CapX launched the AI Super App on Arbitrum.

Base

• ​Tunnl went live on base.
• ​Enzyme went live on Base.
• ​Senpi AI launched on Base.

Solana

• ​fragBTC launched on Solana.
• ​OndoFinance has expanded its RWA bridge to Solana
• ​Arcium Public Testnet is live on Solana
• ​Superteam Canada Startup Village Day 1 is live.
• ​1inch launched on Solana
• ​Phantom introduced gasless swaps.

Partners

• QuillAudits is now live on LunosDAO​

Explore the Depths of Knowledge: Research Papers, Blogs, and Tweets🔖

Tweets

• ​EF introduced an updated vision.
• A guide to mainnet deployment.

Research Papers

• ​Rebalancing Multi-Party Off-Chain Payment Channels​
• ​A survey of mixing techniques and mixers for cryptocurrencies​
• ​Redefining Hybrid Blockchains: A Balanced Architecture​

More on Ethereum

• ​EVM vs RISC-V: Ethereum’s Future Execution Engine​
• ​A pragmatic path towards Validity-Only Partial Statelessness (VOPS)​
• ​A taxonomy of DA policies on Ethereum Rollups​

Web3 Security

Attacks that happened recently

• ​Term Labs lost $1.5M due to poor protocol logic
• ​Loopscale got hacked for $5.8M due to a price manipulation attack
• ​Impermax V3 lost $300k+ in a flashloan attack
• The Bitcoin wallet lost $330.7M and swapped it with Monero, causing a 40% increase in the token.
• ​Address Poisoning led to a loss of $467k in DAI

Articles

• ​Transitioning from EVM to SVM: Solana Security Assessment​
• ​Hackers abuse the Zoom remote control feature​

Research Papers

• ​AI-Based Vulnerability Analysis of NFT Smart Contracts​
• ​Decentralized Vulnerability Disclosure via Permissioned Blockchain​
• ​A comprehensive study of exploitable patterns in Smart Contracts​

Twitter

• ​Guide to Hardware Wallets​
• ​10 Foundry best practices​

Community Spotlight

QuillAudits | Web3 Security 🥷 @QuillAudits_AI BTC Summer in Dubai was lit🔥 From BTC L2s to Ordinals, staking to security, we dived deep into Bitcoin’s evolution with the minds shaping its next chapter. Massive shoutout to our partners @build_on_bob, @coredao_org, @SolvProtocol, @crunchDAO, @_atlasprotocol , @axelar & 6:25 PM • May 1, 2025 15 Retweets 29 Likes Read 4 replies

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Preetam | QuillAI 🥷🏄 @raopreetam_ Quills have landed in Dubai for #Token2049 Catch us building, speaking, and vibing — see you on-ground! 🇦🇪 1:2 PM • Apr 29, 2025 4 Retweets 47 Likes Read 5 replies

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QuillAudits | Web3 Security 🥷 @QuillAudits_AI Hall of Impact was straight🔥 In collab with @SharpEconomy , we gathered some of the sharpest minds in Web3 for a night packed with bold ideas and real conversations. Kudos to our amazing partners @taikoxyz , @Somnia_Network , @EclipseFND , @parsiq_net , @JunkyUrsas , 7:56 PM • Apr 29, 2025 11 Retweets 28 Likes Read 2 replies

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