Week in Ethereum News -The Latest Ethereum News and Upcoming Events This Week

2023-09-18, 01:36

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![](https://gimg2.gateimg.com/image/article/1690791817Ethereumweekly.jpeg)
## Eth News and Links
### Dencun (Cancun + Deneb) upgrade
Latest all core devs – execution (ACDE) [call video](https://www.youtube.com/watch?v=aobFWu7NANc&t=214s "call video"). Recap by [Tim Beiko](https://twitter.com/abcoathup/status/1702413867618640191 "Tim Beiko").  Notes from [Tim Beiko](https://twitter.com/TimBeiko/status/1702423601037873449 "Tim Beiko") and [Christine Kim](https://www.galaxy.com/insights/research/ethereum-all-core-developers-execution-call-170/ "Christine Kim"):

Testing continues on devnet-8 and MEV-Boost workflows on kurtosis

Max epoch churn limit (EIP7514) added to Dencun, the maximum new stakers per epoch will be set to 8; Dankrad: EIP7514 [gives time to deal with economic/tech consequences of Lido attack](https://notes.ethereum.org/dankrad/churn-limit "gives time to deal with economic/tech consequences of Lido attack")

BLOBBASEFEE opcode (EIP7516) for L2 fee calculations added to Dencun

EIP4788 (beacon block root in EVM) being updated with changes from audits

Devnet-9 to include EIP7514, EIP7516 & EIP4788 changes, ACDC to set launch date

Reth intro: EL client in Rust, hoping to join devnet-9
### Centralization watch: threatening the value of your ETH
**🚨 [Lido at 32.3%](https://dune.com/hildobby/eth2-staking "Lido at 32.3%") has reduced slightly but still very close to breaching risky [33% threshold](https://notes.ethereum.org/djrtwo/risks-of-lsd "33% threshold")**

Client diversity (via [clientdiversity.org](https://clientdiversity.org/#distribution "clientdiversity.org")):

Execution layer: Geth supermajority, could possibly cause a chain split

Consensus layer: Prysm over 33%, a bug could mean loss of liveness

Need more [geographic diversity for both stakers and nodes](https://nodewatch.io/ "geographic diversity for both stakers and nodes"), particularly outside of US/Can/EU
### Layer 1
[Epoch churn limit](https://twitter.com/christine_dkim/status/1701302000107782559 "Epoch churn limit") increased from 11 to 12 (EIP7514 in Dencun sets to 8 for deposits)

MEV-build-rs [alpha](https://mev-rs.pbs.dev/mev-build-rs.html "alpha"): MEV-Boost builder in Rust, extends Reth (EL client)
### For Stakers
[Lodestar incentive program](https://blog.chainsafe.io/the-lodestar-user-incentive-program-list-of-winners-dispute-period-9a3d66d98b7d "Lodestar incentive program") results, 86 validators to share $25k

[Geth node](https://twitter.com/ethereumonarm/status/1701891496645956028 "Geth node") running on NanoPC-T6 ($129 board), synced in 13 hours

[Secure-signer](https://mirror.xyz/ladislaus.eth/joTqwZ1sBLxlJayV4pIYxCkwl4RWheM_xipU_OCp9MM "Secure-signer") (alpha): remote-signing inside hardware enclave

[Tor Push](https://twitter.com/vacp2p/status/1702289509252026467 "Tor Push"): proof of concept for validator privacy, push messages into gossipsub via Tor
### Client releases
Consensus layer:

Nimbus [v23.9.0](https://github.com/status-im/nimbus-eth2/releases/tag/v23.9.0 "v23.9.0"): Holešky testnet support and simplified config for remote signers

Execution layer:

Geth [v1.13.0](https://blog.ethereum.org/2023/09/12/geth-v1-13-0 "v1.13.0"): pruning reimplemented using path based storage (needs a resync)
### Research
[Streamlining fast finality](https://ethresear.ch/t/streamlining-fast-finality/16591 "Streamlining fast finality"): single proposal and voting phase per slot using strong confirmation

[Two-tiered staking](https://notes.ethereum.org/mikeneuder/goldilocks "Two-tiered staking"): native liquid staking design
### EIPs/Standards
EIPs

[EIP7516](https://eips.ethereum.org/EIPS/eip-7516 "EIP7516"): BLOBBASEFEE opcode

ERCs (application layer):

[ERC7515](https://github.com/ethereum/EIPs/pull/7678/files "ERC7515"): NFT alternative text in metadata

[ERC7517](https://github.com/ethereum/EIPs/pull/7682/files "ERC7517"): Content consent for AI/ML data mining

[ERC7518](https://github.com/ethereum/EIPs/pull/7719/files "ERC7518"): Global compliant STO & interoperable asset lifecycle (ERC1155 extension)
### Stuff for developers
[Holešky testnet didn’t launch](https://twitter.com/parithosh_j/status/1702816780542984504 "Holešky testnet didn’t launch") due to misconfiguration, relaunch expected in two weeks

Hardhat [v2.17.3](https://github.com/NomicFoundation/hardhat/releases/tag/hardhat%402.17.3 "v2.17.3"): default EVM set to Paris for solc v0.8.20+ (for L2s that don’t support Shanghai)

[Invariant check in modifier skipped](https://twitter.com/zachobront/status/1699954240058277928 "Invariant check in modifier skipped") if an assembly block directly returns

Overview of [minimal proxies](https://banteg.xyz/posts/minimal-proxies/ "minimal proxies"): ERC1167 variants and Clones with immutable arguments

[ERC4626 conformance](https://medium.com/vikram.arun/multichain-erc-4626-conformance-f34b682b273b "ERC4626 conformance"): 20% of vaults don’t conform

[MinimalAccount](https://github.com/kopy-kat/MinimalAccount#readme "MinimalAccount") (ERC4337): gas-optimized implementation in Huff for benchmarking

[ERC deployments](https://dune.com/ilemi/erc-and-eip-starter-kit "ERC deployments"): Dune dashboard showing number of deployments for common ERCs

[Huff-stack-generator](https://github.com/shafu0x/huff-stack-generator#readme "Huff-stack-generator"): generate stack comments

[Geas](https://github.com/fjl/geas#readme "Geas") (Good <a href="/fr/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> Assembler): macro assembler for the EVM

Slitherin (custom Slither detectors) [v0.3](https://github.com/pessimistic-io/slitherin/releases/tag/v0.3.0 "v0.3"): adds arbitrary call detector

[Vyper compiler](https://x.com/CodeHawks/status/1702200846941823371 "Vyper compiler") audit competition

CTFs:

[ONLYPWNER](https://onlypwner.xyz/documentation "ONLYPWNER"): CTF platform with 9 challenges

Curta CTF [Murder Mystery writeup](https://github.com/hrkrshnn/notes/blob/main/2023/curta.md "Murder Mystery writeup") and a [solution](https://twitter.com/zigtur/status/1700945573166149830 "solution")

Secureum RACE # 21: {1695000997350748}

Paradigm’s [Rust x Ethereum slides & videos](https://twitter.com/gakonst/status/1701631039008084126 "Rust x Ethereum slides & videos"): Reth, Foundry, Alloy, Ruint and wagmi/viem & Rivet

[ZK Face ID wallet](https://hackmd.io/knownothing/zk-face-id "ZK Face ID wallet") (ERC4337) demo, uses WebAuthn and Halo2 proof 
### Security
<a href="/fr/price/balancer-bal" target="_blank" class="blog_inner_link">Balancer</a> [postmortem of two Linear Pools vulnerabilities](https://medium.com/balancer-protocol/rate-manipulation-in-balancer-boosted-pools-technical-postmortem-53db4b642492 "postmortem of two Linear Pools vulnerabilities"): $1M bounty paid for first vulnerability and second vulnerability exploited for $1.2M on mainnet & <a href="/fr/price/optimism-op" target="_blank" class="blog_inner_link">Optimism</a>

[Browsing for bugs](https://www.zellic.io/blog/browsing-for-bugs-3m-bug-in-premia-finance "Browsing for bugs"): finding a Premia vulnerability with $3M at risk, fixed with bounty paid
### Ecosystem
[1 year mergeversary](https://twitter.com/ultrasoundmoney/status/1702599071398277183 "1 year mergeversary") 🐼, supply reduced by 300k ETH

[MEV-Boost](https://collective.flashbots.net/t/merge-anniversary-a-year-in-review/2400 "MEV-Boost"): first year of out-of-protocol PBS

[ETHAccra](https://taikai.network/ethaccra/hackathons/hackathon/projects "ETHAccra") hackathon projects
### Onchain stats
Gas fees (via [ultrasound.money](https://ultrasound.money/#gas "ultrasound.money")): 7 to 411 gwei, with 15.6 gwei average

Negative issuance currently at 20.6 gwei

3.9k ETH net issuance this week

[ETHUSD](https://www.coingecko.com/en/coins/ethereum "ETHUSD"): $1,541 - 1,653, currently $1642

[ETHBTC](https://ratiogang.com/ "ETHBTC"): currently 0.0616 (Flippening at ~0.16)
### Notable at app layer
MetaMask [Snaps beta](https://metamask.io/news/latest/snaps-in-metamask-stable-and-where-we-go-from-here/ "Snaps beta"): wallet plugins for transaction security, chat & non-EVM networks

[Uniswap UI](https://x.com/Uniswap/status/1701229817411342396 "Uniswap UI") auto detects fee on transfer tokens

[Gaslite](https://drop.gaslite.org/ "Gaslite"): airdrop ETH, ERC20 & ERC721 tokens, including ETH to Friend Tech key holders

[Optimism](https://twitter.com/optimismgov/status/1702748223847170261 "Optimism") directly distributing unclaimed OP for Airdrop 1
## Job Listings
[Product Manager - L2 Blockchain Effort](https://grnh.se/48614a711us "Product Manager - L2 Blockchain Effort") @ Status: [All jobs](https://grnh.se/9fc6e6fc1us "All jobs")

EF Privacy & Scaling Explorations team seek a [Technical Project Coordinator](https://jobs.lever.co/ethereumfoundation/c826b9a1-ede0-465e-9639-f34029304374 "Technical Project Coordinator")

[Senior Operations Security Expert](https://jobs.lever.co/ethereumfoundation/10923b49-c76a-47b9-bd27-96ee71a460db "Senior Operations Security Expert") wanted by EF
### Regulation/business/tokens
[SEC claims Stoner Cats NFTs are securities](https://www.sec.gov/news/press-release/2023-178 "SEC claims Stoner Cats NFTs are securities"): $1 million fine, return sale proceeds & destroy NFTs held by the team

[Unanimous Republican dissent](https://www.sec.gov/news/statement/peirce-uyeda-statement-stonercats-091323 "Unanimous Republican dissent") from Commissioners Peirce & Uyeda

Jonathan Mann’s [this song is a security](https://songaday.world/auction/5369 "this song is a security") NFT sold for 6 ETH

[DeFi Education Fund](https://twitter.com/amandatums/status/1701237935536796087 "DeFi Education Fund") attempts to cancel a US patent claiming to invent oracles

[Three PayPal dollars](https://jpkoning.blogspot.com/2023/09/there-are-now-two-types-of-paypal.html "Three PayPal dollars"): centralized, crypto & savings, with crypto offering better protections than centralized but savings offers deposit insurance & interest

[FTX allowed to sell](https://www.coindesk.com/policy/2023/09/13/judge-allows-bankrupt-ftx-to-sell-its-crypto-holdings-including-btc-and-sol/ "FTX allowed to sell") its crypto assets
### General
[Remove your phone number](https://twitter.com/timbeiko/status/1700659107764785336 "Remove your phone number") from Twitter (X) to prevent account recovery by sim swap

[Pink Drainer](https://twitter.com/boringsecdao/status/1700724667391307863 "Pink Drainer") targets users with most profitable attack: Seaport bulk listing signature, setApprovalForAll, upgradeTo, transfer ETH and transferPunk

[ZachXBT refund](https://x.com/zachxbt/status/1701232146159931730 "ZachXBT refund") for legal fee donations

Centralized exchange hot wallet thefts: $54M from [CoinEx](https://rekt.news/coinex-rekt/ "CoinEx") & $2.7M from [Remitano](https://rekt.news/remitano-rekt/ "Remitano")

## Upcoming Dates of Note
(new/changes in **bold**)
Sep 18-24 – [ETHSafari](https://ethsafari.xyz/ "ETHSafari") (Kilifi Kenya)
Sep 21–24 – [Pragma](https://ethglobal.com/events/pragma-newyork "Pragma") & ETHGlobal New York
Oct 5-6 – [ETHMilan](https://www.ethmilan.xyz/ "ETHMilan") conference
Oct 6-8 – [ETHRome](https://ethrome.org/ "ETHRome") hackathon
Oct 6–27 – [ETHOnline](https://ethglobal.com/events/ethonline2023 "ETHOnline") (ETHGlobal) virtual
Oct 28-30 – [Paradigm CTF](https://ctf.paradigm.xyz/ "Paradigm CTF")
Oct 13–15 – [Ethereum Kuala Lumpur](https://twitter.com/ethkl1/status/1670761473348624384 "Ethereum Kuala Lumpur") conference & hackathon
Oct 21 – [Ethereum México](https://twitter.com/ethereum_mexico/status/1684649652639924224 "Ethereum México")
Oct 22-24 – [ETH Hong Kong](https://www.ethhongkong.co/ "ETH Hong Kong")
Oct 27–29 – [ETH Miami](https://ethmiami.net/ "ETH Miami") festival + hackathon
Oct 27-29 – [ETH Vietnam](https://www.eth-vietnam.com/ "ETH Vietnam")
Oct 27-29 – [ETH London](https://www.encode.club/eth-london "ETH London") hackathon
Oct 28–30 – [ETH Lisbon](https://www.ethlisbon.org/ "ETH Lisbon") hackathon
Oct 31 – [Road to Devcon grants](https://blog.ethereum.org/2023/06/29/road-to-devcon7-grants "Road to Devcon grants") application deadline
Nov 3-5 –[ ETH Lisbon](https://www.ethlisbon.org/ " ETH Lisbon") hackathon
Nov 13-19 – [Devconnect](https://blog.ethereum.org/2023/04/20/announcing-devconnect-ist "Devconnect") (Istanbul)
Nov 16-19 – [Pragma](https://ethglobal.com/events/pragma-istanbul "Pragma") & ETHGlobal Istanbul
Dec 4-5 – [ETHVenice](https://ethvenice.com/ "ETHVenice")
Dec 8-10 – ETHGlobal [ETHIndia](https://ethindia.co/ "ETHIndia") (Bangalore)

<div class="blog-details-info">
<div>Disclaimer
<div>Author: Andrew B Coathup and Evan Van Ness, WeekiNethereum.substack Team
<div>Editor: Gate.io Blog Team
<div class="info-tips">\*This article represents only the views of the author and does not constitute any investment suggestions.
<div>\*Copyright is reserved by WeekiNethereum.substack Team. Please contact us to remove any infringement.
</div>

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