- Now that Solana has made a comeback, you may be interested to know that the SOL wallet - Phantom - has added support for Ethereum and Polygon earlier. It boasts an innovative in-app bridge between Ethereum, Polygon, and Solana, which makes it so convenient to undertake your cross-chain bridging transactions.
- Did you know that Nocturne, which aims to better Monero, Aztec and Tornado by enabling private accounts on Ethereum, has launched its mainnet? It’s a privacy protocol that is said to be endorsed by u/vbuterin.
- Staking enthusiasts are spoilt for choice because come February 2024, a ETH L2 optimistic roll-up called Blast is slated to be launched. Its USP? Allowing investors to collect yield for both ETH and stablecoins. Lido and MakerDAO's US Treasury bills are used to generate ETH and DAI respectively. (https://blockworks.co/news/blast-layer2-ethereum-yield)
- If you enjoyed playing Tamagotchi when you were young, you would be elated to know that a similar game called Fren Pet has been launched to great success on Coinbase’s Base network— currently the top trending token pair against wrapped ETH. (https://thedefiant.io/tomagotchi-like-frenpet-is-crushing-it-on-coinbase-s-base-network)
- While the spotlight is on the imminent approval of Spot BTC ETFs, Fidelity has quietly followed Black Rock's lead and filed to launch the Fidelity Ethereum Fund, which would carry out trades on the Cboe BZX Exchange. (https://www.theblock.co/post/263635/five-top-crypto-stories-this-past-week-etf-updates-terraform-labs-reemergence-why-transactions-surged-on-one-l2-and-more?utm_source=cryptopanic&utm_medium=rss)
- How exciting staking has become! These days, protocols such as Lybra and Prisma let you deposit LSTs such as Lido's stETH as collateral and consequently mint a stablecoin against them. So you can “own" stables while earning yield on your staked ETH position at the same time.
- As a nod to the prevalence of AI, Hyper Oracle has introduced opML, an optimistic machine learning approach on the Ethereum blockchain. You can look forward to large machine learning models being activated on ETH in a cost-effective and efficient manner and smart contracts being rendered smarter. (https://messari.io/news?id=27a9b688-2618-4385-bc1b-718a47fa1150&url=https://decrypt.co/206878/hyper-oracle-introduces-opml-a-game-changing-approach-to-machine-learning-on-ethereum&assets=%5B%7B%22id%22:%2221c795f5-1bfd-40c3-858e-e9d7e820c6d0%22,%22name%22:%22Ethereum%22,%22symbol%22:%22ETH%22,%22slug%22:%22ethereum%22%7D%5D&date=1700588952&source=Decrypt&title=Hyper%20Oracle%20Introduces%20opML,%20a%20Game-Changing%20Approach%20to%20Machine%20Learning%20on%20Ethereum&utm_source=Iterable&utm_medium=email&utm_campaign=campaign_UO%20-%20Wed,%2011/22&utm_source=iterable&utm_medium=email)
- An open-source research project aims to incorporate zk-SNARKs (zero-knowledge succinct non-interactive argument of knowledge) into Solidity, the programming language used primarily on Ethereum to bring about privacy on Ethereum L1 blockchain. Let’s hope they succeed! (https://blockworks.co/news/ethereum-research-zk-privacy-mainnet)
- Ethereum roll-ups demonstrate their market value, as illustrated by how The Near Foundation, Celestia and Avail aim to provide solutions intended to facilitate data availability and reduce the cost of posting data. (https://www.coindesk.com/tech/2023/11/08/near-foundation-joins-celestia-in-race-to-provide-data-availability-for-ethereum-rollups/ )
- Base is set to transition its test network from Goerli to Sepolia in an attempt to align better with Optimism. Bullish on Optimism!
All the above developments curated from Messari’s and CoinGecko’s newsletters in my delightfully flamboyant writing style