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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 Sonic, Solana & Base ecosystems, along with advancements in the AI & Web3 space. For developers, we’re highlighting new tools designed to assist smart contract developers and auditors. And, of course, we’ll delve into the headlines about the $20M seized funds exploit, funds were of US Govt. & later returned.
EtherScope: Core Developments 👨💻
L1 & L2 Developments
- Xatu dataset adds execution layer data in Parquet format from genesis
- Sky mulls changes to brand identity, potential return to MakerDAO
- Helios (light client): adds OP Stack support; demo syncing mainnet, OP Mainnet & Base
- Arbitrum One time lock extended to 8 days (up from 3 days)
- Arbitrum Orbit fast withdrawals for AnyTrust chains: up to 15 minute frequency, trust assumption on fast withdrawals committee
- L2 Standards EVM equivalence breakout (RollCall #8.1)
- Azura has launched a trading platform that focuses on streamlining DeFi interactions.
- Ostium Labs has introduced Strategies, an app that automates trading based on US election data and prediction markets, such as Polymarket.
- Solayer has launched BGSOL, which is identified as the first restaking asset (LRT) on Solana, backed by Bitget.
- Uniswap has introduced a feature allowing users to permissionlessly bridge native assets and stablecoins across 9 networks, powered by Across Protocol.
- Wormhole has been chosen by M^0 Foundation as the interoperability provider for $M, a next-gen stablecoin backed by U.S. treasuries.
- Pendle highlights the potential of syrupUSDC, estimating a much higher APY than shown in the app.
- Renzo has launched redETH on Sei Network, backed by its LRT, ezETH, via Hyperlane.
- CrossCats has launched a fast, cheap bridge for altVMs, connecting users to blockchains like Bitcoin.
- Invariant has officially launched on Eclipse mainnet, offering highly efficient Concentrated Liquidity provisioning for real profits.
- Adrastea Finance has introduced Liquid Restaking, the first-ever LRT protocol on Solana, allowing users to unlock liquidity with one click. The beta is now open for users to join at Adrastea.fi.
- Storm Trade, a derivatives DEX on the TON network, has unveiled a new roadmap featuring significant platform enhancements.
- Coinbase now supports deposits and withdrawals of USDC on the Sui network, allowing users to send USDC directly to their Sui wallets, streamlining access to the Sui ecosystem.
- Safe Wallet has expanded to support multi-chain deployment, enabling users to deploy accounts across 15+ networks with a single click, using the same address on each chain and incurring no gas fees on major Layer 2 networks.
- Rabby Mobile has gone fully open-source, following thorough security audits by Cure53, Least Authority, and Slow Mist.
- DIA has partnered with WeFi to integrate high-frequency ETH/USD and USDC/USD price oracles into WeFi’s decentralized lending protocol on the Boba Network, facilitating global investment loan options for DeFi users via multi-pool borrowing.
- Jumper has introduced a new multi-chain portfolio view feature.
- Kwenta announced its Synthetix V3 upgrade, featuring new capabilities such as gasless one-click trading and a points reward system.
- Avalanche introduced the Avalanche Card, enabling crypto-friendly spending at locations accepting Visa.
- Arrakis Finance launched HOT, a MEV-aware AMM built on the Valantis Protocol, intended to support LPs by addressing challenges in DeFi market-making.
- Swaylend launched on Fuel Ignition and reached milestones, including over $15M in total supply.
EIPs
ERCs
EcoExpansions: Beyond Ethereum 🚀
Sonic
Base
Solana
Hackathons, Workshops, CTFs & Events
Updates on Development Kits & Tools
- Erigon v3.0.0-alpha5: faster time on tip of chain, less time needed to download blobs, fix for v3.0.0-alpha4 crashes; resync required
- Foundry forge-std v1.9.4: adds cheatcodes for gas snapshots, random bytes, mock calls, debug trace recording, remember keys & get wallets
- Remix contract verification plugin: verify on Etherscan, Sourcify & Blockscout at the same time
- PRBMath v4.1.0 (Solidity library): adds UD21x18 alias for uint128 & SD21x18 alias for int128
- Etherscan API v2: multichain with single API key for all supported chains, beta
- Coinbase OnchainKit Checkout (React component): accepts USDC payments
- Safe multisig transaction hashes: Bash script to generate Safe transaction hashes to cross-check with Ledger; Safe hash preview: hosted UI with additional trust assumptions
- Veritas: Circom circuit testing using Go
Explore the Depths of Knowledge: Research Papers, Blogs and Tweets🔖
Twitter
Articles
Research Papers
Watch🎥
 Web3 Security
Articles
Research Papers
Twitter
US Government
Loss ~ $700K
- As ZachXBT and Arkham reported, around $20M in crypto (USDC, USDT, aUSDC, aUSDT, ETH) linked to the US Government had been compromised.
- Targeted Wallet Compromise: A US Government-linked address (0xc9E6E51C7dA9FF1198fdC5b3369EfeDA9b19C34c), holding seized funds from the infamous Bitfinex hack, appears to have been compromised.
- Stolen Assets: Approximately $20M in various assets, including USDC, USDT, aUSDC, aUSDT, and ETH, was stolen and transferred to a wallet under the hacker’s control, 0x3486eE700CcaF3E2F9C5eC9730a2e916a4740A9f
- Movement of Funds: The compromised wallet sent assets to a hacker-controlled wallet (0x3486eE700CcaF3E2F9C5eC9730a2e916a4740A9f), which quickly began selling assets and laundering the proceeds through suspicious addresses.
- Few hours later, the US Government’s address received $19.3M back following the reported hack, less than 24 hours after the initial address breach. 88% of the compromised USD value has now been recovered.
- The amount has returned almost entirely, except for about $700k in tokens that were sent to unpopular cryptocurrency exchanges - Switchain, HitBTC, and N Exchange.
To know more about the hack, read the analysis.
QuillAI Network is Pushing Boundaries
The QuillAI Network is the AI layer for web3 security. In their mission to create a safer web3, QuillAI features an OML-aligned framework incentivising developers and users to build self-sovereign AI agents for dedicated tasks through the fine-tuning of its D-LLM. With agents for solidity (QuillShield) and due diligence (QuillCheck) helping safeguard contracts, transactions, and wallets, QuillAI is empowering web3 users and builders to charge of their security needs.
Last week, QuillAI Network announced that QuillCheck now supports token due diligence on Solana. With Solana’s rapidly growing ecosystem, including memecoin, NFT, and DeFi projects, QuillCheck offers advanced features like liquidity analysis, honeypot detection, and analysis on token holder distribution to help users make informed investment decisions.
Stay ahead of security risks and safeguard your assets with comprehensive, real-time risk assessments now across five major blockchains.
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