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 Aptos, Sui & 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.

EtherScope: Core Developments 👨‍💻

• ​Consensus layer focused protocol call (ACDC #146)
• ​PeerDAS breakout #12: spec discussions on decoupling subnets and validator custody
• ​EOF implementers call #62: discussions on compiler metadata and EOFCREATE hash
• ​Pectra-devnet-5 spec: agreed to exclude empty requests in Engine API to mirror EIP7685 & consolidation processing fix in EIP7251
• ​EIP7805 Fork-choice enforced Inclusion Lists (FOCIL) presentation
• ​All Core Devs process improvements​
• ​Long range syncing, clients not purely bottlenecked by bandwidth
• ​Block arrival & home staker analysis supports increase to 4/8 or 6/9 (target/max)

L1 & L2 Developments

• ​Phantom integrates OKX DEX into its swapper alongside Jupiter Exchange, providing access to deeper liquidity, more tokens, and optimized trading routes by comparing rates across both platforms.
• ​Ungate launches Alpha AVS on EigenLayer mainnet, enabling decentralized AI agent networks for global coordination.
• ​1inch enables seamless cross-chain token swaps with no bridges or extra steps.
• ​Ondo Finance announces $USDY custody support on Sui via the Bybit Web3 wallet.
• ​Starknet launches STRK staking phase 1 on Mainnet. Validators can stake 20,000+ STRK by running a full node, while delegators can stake via professional validators like Luganodes, Voyager, and more.
• ​Ondo Finance unveils an institutional-grade bridge for tokenized real-world assets (RWAs) using LayerZero’s security model.
• ​Morpho Labs’s Association proposes to raise $MORPHO reward limits on Base by 100%.
• ​Pendle Finance has announced that Ethena’s Principal Tokens (PT) are now available on Aave.
• ​Sky launches USDS rewards on Raydium for early Solana users, with incentives available for USDS-USDC and USDS-jitoSOL pools and Kamino vaults.
• ​MetaMask users in the U.S. can now purchase cryptocurrencies using Venmo through MoonPay’s integration.
• ​Avail integrates with Wormhole’s NTT framework, bringing AVAIL and stAVAIL to Base while preserving native functionality and preventing liquidity fragmentation.
• ​Token Mill launches on Avalanche, introducing a bonding curve AMM for token creation without traditional liquidity pools.
• ​Liquity has launched its V2 Testnet on the Sepolia network, inviting users to explore the new features and functionalities.
• ​Mitosis launches Game of MITO, rewarding $MITO (70%) and testnet assets (30%) for XP-based performance.
• ​Sonic Labs partners with Rabby, becoming the first integration in its Ecosystem tab.
• ​Covalent’s CXT staking is now live on OKX, with the exchange operating as a Block Specimen Producer to support Ethereum’s data preservation.

EIPs

• ​EIP7825: Transaction gas limit cap

ERCs

• ​ERC7826: Quantum supremacy bounty
• ​ERC7827: JSON contract with value version control
• ​ERC7828: Chain-specific addresses using ENS
• ​ERC7829: Data asset NFT

EcoExpansions: Beyond Ethereum 🚀

Aptos

• ​Aries markets just hit a historic new high TVL
• ​Native Aptos USDT now supported by Aptos
• Take a look at Aptos weekly digest​

Base

• This week on Base​
• ​Clusters is now on dotdotfan
• Base supports ERC-7683 for crosschain Intents​
• ​Pendle is now live on Base
• ​Phantom adds Base support, enabling token swaps between Solana and Base.

Sui

• Sui partnered with Babylon and Lombard​
• Now you can track your Sui assets on Coinstats
• Sui partnered with FTDA US​

Hackathons, Workshops, CTFs & Events

• Dec 4-5 – Columbia CryptoEconomics workshop (New York)
• Dec 6-8 – ETHIndia hackathon
• Dec 9 – EF internships 2025 application deadline
• Jan 30-31 – EthereumZuri.ch conference
• Feb 23 - Mar 2 – ETHDenver​

Updates on Development Kits & Tools

• ​Echidna trace parser: convert Echidna call traces into Foundry tests
• Uniswap Compact (Solidity): ownerless ERC6909 contract, facilitates formation/dissolution of reusable resource locks
• ​MicroStable: simple stablecoin design in Solidity & Vyper
• Cyfrin Upgrade beginner & intermediate Python & Vyper courses
• ​Drift: write cached contract calls for web3 libraries (viem, web3.js & ethers)
• Lodestar v1.23.1: fixes for issues in recent devnets
• ​In-protocol transaction ordering, extension to Fork-Choice enforced Inclusion Lists (FOCIL)
• ​QUIC support: ~42% of nodes, majority running Lighthouse & mostly over IPv4
• ​BuilderNet: block building network running on TEEs, shares MEV with users, early version live operated by Flashbots, Beaverbuild & Nethermind
• Terence: same slot vs next slot for inclusion list design, spec & prototype will use same slot

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

Twitter

• ​Introducing Agentic Ad Framework v1​
• ​Exploring Base’s Role in the Growing Onchain Economy​
• ​Top 7 Agent Ecosystems You Should Know About​
• ​GAME - Enabling agent-to-agent interactions​
• ​Deep diving into base stablecoin volumes​

Articles

• ​David and Goliath: How Web3 Can Compete in AI​
• ​Why Decentralised Compute Matters​
• ​Fluid: The Next Zero-to-One Innovation in DeFi​
• ​Avalanche Blockchain’s Largest-Ever Upgrade Goes Live on Testnet​
• ​Introducing EigenGov: Part 1​

Research Papers

• ​In-protocol transaction ordering, extension to Fork-Choice enforced Inclusion Lists (FOCIL)
• Initial Evidence of Elevated Reconnaissance Attacks Against Nodes in P2P Overlay Networks
• ​Proving and Rewarding Client Diversity to Strengthen Resilience of Blockchain Networks

Watch🎥

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Web3 Security

Articles

• ​Phishing scam via fake Zoom link costs GIGA investor $6M.
• ​[Trader who lost $26M to copy-paste error says it’s been ‘max pain’]​
• ​How to stay safe on-chain: Three crypto users lose $876K within hours.
• Decoding MorphoBlue’s $230K Exploit​
• ​The Best Use of AI Ever: A ‘Grandma’ Built To Waste Telescammers’ Time.
• ​SmartInv: Multimodal Learning for Smart Contract Invariant Inference.
• ​10 Must-Read Papers That Shaped Modern Zero-Knowledge Proofs - ZKSECURITY.

Research Papers

• A Multi-Layer Blockchain Simulator and Performance Evaluation of Social Internet of Vehicles with Multi-Connectivity Management
• [MStableChain](https://arxiv.org/abs/2410.22100): Towards Multi-Native Stablecoins in EVM-Compatible Blockchain for Stable Fee and Mass Adoption

Twitter

• ​Streamer flashes a fake seed phrase to stage a fake wallet draining.
• An investigation into how the threat actor Serpent went from a pro Fortnite player to helping steal $3.5M
• ​GFT token started dumping their coins when they announced Binance would delist them
• XT Exchange exploit analysis thread​

JRNY

Loss: $4M

• On-chain investigator ZachXBT stated on his personal Telegram channel that the wallet associated with crypto KOL JRNY appears to have been compromised, with approximately $4 million worth of crypto assets transferred and sold.
• This suggests that the wallet’s private key may have been leaked.
• Stolen addresses:

0xc467150582cfc8eec4132a483c76101d3636f598

0x6fd6c8fd64c7efdb8eec902161d3bbc035430456

0xa2dd5e2ab84240cbecc7beaca9946afef97ae74a

XT Exchange

Loss: $1M

• ​@XTexchange exploited with a abnormal transfers of worth 1 Million USDT across 12 different currencies.
• Unauthorised access was gained, which leads to transfer of funds to external wallets across ETH, OP & BNB chains
• A significant portion of stolen assets already swapped and bridged to the ETH chain. 0xdb3ded7731c781224ec292e2163d9554c094fd7c
• XT Exchange acknowledged the exploit https://x.com/XTexchange/status/1862072439154569282

For more details, read the detailed hack analysis.

Community Spotlight

QuillAudits | Web3 Security 🛡️ @quillaudits_ai Omnichain season loading... 🚀 Just wrapped up our audit for @KYEXLabs, the world's first hybrid DEX that's doing cross-chain without the usual headaches. No bridges, no wrapping, just pure DeFi magic! Our team dove deep into their code, spotted 11 potential issues, & guess… https://x.com/i/web/status/1860933736256192941 11:59 AM • Nov 25, 2024 2 Retweets 14 Likes Read 2 replies

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Ancient8 (🎮,🟢) @Ancient8_gg A huge thank you to the #A8BuilderJam sponsors for empowering our builders to create and innovate: 💠 Platinum: @OrochiNetwork, @quillaudits_ai, @thirdweb, @alibaba_cloud and @googlecloud 🏅 Gold: @streamnfthq, @routescan_io, @openfortxyz and @carv_official Together with… https://x.com/i/web/status/1861409631765176812 7:30 PM • Nov 26, 2024 157 Retweets 336 Likes Read 184 replies

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QuillAudits | Web3 Security 🛡️ @quillaudits_ai The D-day of ETHIndia just got better! 😉 @0xpivot_ is bringing the heat on Dec 6th with Pivot ClubHouse - Founders x VCs x KOL Mixer, and we’re hyped to co-host alongside @QuillAI_Network, @_0xDay, @TON_SocietyIND, @RouterProtocol, @FamProtocol & more! 😎 Expect unmatched… https://x.com/i/web/status/1862056986377855365 https://twitter.com/0xPivot_/status/1861794613876699167 Pivot @0xPivot_ ⚡️Setting Bengaluru Web3 on 🔥🔥 - Round 6⚡️ 🎉 Come December, We’re hosting the most rocking party in Bengaluru! 👉 6th December, 8pm onwards 👉 RSVP here: https://lu.ma/3i79hfz4 👉 Entry strictly with invites. No plus-one Allowed. 🚀 Pivot welcomes Founders, VCs, Angels,… https://x.com/i/web/status/1861794613876699167 2:22 PM • Nov 28, 2024 5 Retweets 14 Likes Read 3 replies

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QuillAudits | Web3 Security 🛡️ @quillaudits_ai Ready to disrupt the future, securely? 🥷 We just teamed up with @brincvc - the VC that's backing the most innovative tech startups out there. Our mission is to make sure their portfolio projects stay bulletproof from day zero. QuillAudits is now their go-to security partner,… https://x.com/i/web/status/1862077748040147321 3:45 PM • Nov 28, 2024 2 Retweets 13 Likes Read 1 replies

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0x0simba.eth 🦁🥷 @0x0simba_eth Namma Bengaluru! 🚀 I’ll be at the Beyond Abstraction Demo Day on Dec 2nd, co-hosted by @quillaudits_ai, @quillai_network, @okto_web3, @ExaProtocol, @routerprotocol, and @0xPivot_. Man i love seeing what the builders are cooking up 👇🏻 4:4 PM • Nov 28, 2024 0 Retweets 12 Likes Read 4 replies

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TheNewsCrypto @The_NewsCrypto Thrilled to partner for the Founders x VCs Lounge presented by @quillaudits_ai at #IBW2024 in Bengaluru!🌟 Join us for an exclusive evening where #Web3 dreams meet venture capital visionaries—don’t miss this synergy!🚀 RSVP NOW⤵️ 🔗 https://lu.ma/l9jgrvv3?tk=CvHGXU 📅 DEC 5 ⏰ 4:00 PM… https://x.com/i/web/status/1862432906339353085 3:16 PM • Nov 29, 2024 5 Retweets 10 Likes Read 1 replies

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QuillAudits | Web3 Security 🛡️ @quillaudits_ai 🙏 Namaskara Bengaluru! Base eco builders, get ready for the most exclusive feast in town! 🍽️ QuillAudits x @base x @BukProtocol presents: The Onchain Feast 🔥 📅December 3rd (11:30 AM - 2 PM IST) 📍Bengaluru 👥 30-35 of the finest Base ecosystem builders 1:24 PM • Nov 26, 2024 7 Retweets 35 Likes Read 5 replies

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QuillAudits | Web3 Security 🛡️ @quillaudits_ai Coming to Namma Bengaluru for IBW next week? 👀 Here's the most exclusive pit stop you need to make: Founders x VCs Lounge! QuillAudits x @SharpEconomy brings you a power-packed evening where Web3's finest minds collide. 😉 📅December 5th, 4-7PM IST 📍Bangalore 3:6 PM • Nov 27, 2024 11 Retweets 32 Likes Read 5 replies

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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.

Stay ahead of security risks and safeguard your assets with comprehensive, real-time risk assessments now across five major blockchains.

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