EthHub - EthHub Weekly #194
EthHub Weekly #194StarkNet alpha on mainnet, MetaMask adds support for Lattice1, Slingshot deploys to Arbitrum, Zapper reaches 1 million MAUs and much more!
Curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar) 🔥 1 Million ETHWe did it - the Ethereum network burned 1 million ETH in 110 days - an absolutely amazing milestone worth billions of dollars. Of course, the Ethereum network will keep burning ETH in perpetuity, but I always think its nice just to stop and reflect on big milestones - especially when it took over 2 years for EIP-1559 to be implemented to begin with! Though in saying that, it’s funny how EIP-1559 just exists and does its job to little fanfare besides these burn milestones - exactly how a protocol upgrade should function! Have a great week everyone! News of the Week🏦 Citigroup Appoints New Head of Digital AssetsAmerican banking giant Citigroup has promoted Puneet Singhvi from head of blockchain and digital assets in the global markets division to lead its institutional clients group (ICG) in the space. Starting his role on December 1, Singhvi will report to Emily Turner, the head of business development for ICG, and will “outline a distinct strategy on where and how ICG should pursue digital asset opportunities” according to a memo shared with The Block. Shobhit Maini and Vasant Viswanathan will take up Singhvi’s previous role as co-head of the blockchain sector in the global markets divisions. The multinational will also hire up to 100 roles to built out its ICG digital asset division. ⚖️ Senate Banking Committee Chair Seeks Answers on Stablecoins From Tether, Center, Paxos and Moren November 23 letters seen by The Block, Senator Sherrod Brown is calling on stablecoin operators to open up about their processes. The letter to Circle's Jeremy Allaire reads: "Consumers’ increased use of stablecoins, and their importance in effecting transactions in digital assets, underscores the need for greater understanding of the basic operation, and limitations, of USDC." Brown sent similar letters to Coinbase, Gemini, Paxos, TrustToken, Binance.US and Centre. According to Brown's office, "a similar letter to Tether is planned but has not been sent yet." A copy of the letter intended for Tether began circulating on social media after being discovered online. Setting a response date of December 3, Brown asked the issuers to explain in "clear, straightforward terms" their processes for minting and redemption, as well as special arrangements that those issuers have with specific trading platforms. Project UpdatesFinalized No. 32Updates on the latest merge efforts with Kintsugi and a reminder to upgrade your eth1 nodes for the Arrow Glacier network upgrade. EF and UNICEF Partnership UpdateAya from the Ethereum Foundation share the story of the EF and UNICEF’s journey together, to recognize some of the achievements of their partnership, and to speak a bit more about what’s next. StarkNet Alpha Now On MainnetStarkNet is a permissionless decentralized rollup operating as an L2 network over Ethereum. This week, StarkNet hit the Ethereum mainnet in an alpha fashion and is ready for developers to start tinkering with. MetaMask Supports the Lattice1With Lattice1, you use MetaMask precisely as you do now, but with the peace of mind knowing you’re using hardware security instead. You sign transactions normally in MetaMask; requests will pop up on the Lattice1’s touch screen as well for verification. Slingshot Deploys to ArbitrumYou can now use the Slingshot DEX on the Arbitrum layer 2 network with real-time charts for every token, positive slippage and more. Adidas Partners with CoinbaseAdidas Originals, a brand of the German sportswear clothing firm Adidas, has announced a partnership with the crypto exchange Coinbase. Nansen Integrates ArbitrumThe Nansen analytics platform now supports Ethereum-based layer 2 Arbitrum with new dashboards. Biconomy Introduces Gas TankdApp partners can now fill up the gas tank & be assured that the relayers will fund the gas for all user transactions. Ondo and Fei Team UpOndo Finance and Fei Protocol have partnered with several cutting-edge DeFi protocols to help them increase their decentralized exchange liquidity. Pika Protocol Now LivePika Protocol is the first perpetual swap exchange live on the Optimistic Ethereum network. Introducing Event-Based Expiry KPI OptionsIt is now possible to create a KPI option that unlocks when you reach your goal on UMA. Previously, they would only unlock at a specified maturation date. Zapper Reaches 1 Million MAU’sThe Zapper platform now has 1 million monthly active users and has processed over $10 billion in total transaction volume. Debt Pool SynthesisThis post details the upcoming Debt Pool Synthesis feature that will introduce fungibility between L1 and L2 Synthetix synths. Interesting TweetsEcosystem BitsBlog Posts
Podcasts
MiscMeme of the WeekLooking for Work?Top jobs listed on Cryptocurrency Jobs this week:
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EthHub Weekly #193
Monday, November 22, 2021
Polygon Miden announced, ConsenSys raises $200mil, Binance adds Arbitrum support and much more!
EthHub Weekly #192
Tuesday, November 16, 2021
OVM 2.0 upgrade now live, Arrow Glacier is coming, DAI Wormhole detailed and much more!
EthHub Weekly #191
Tuesday, November 9, 2021
ENS to decentralize, new merge testnet, Rocket Pool gets a mainnet date, Aave v3 detailed and much more!
EthHub Weekly #190
Monday, November 1, 2021
Facebook rebrands to Meta, Optimism introduces EVM equivalence, Across Protocol announced, Phonon introduced and much more!
EthHub Weekly #189
Tuesday, October 26, 2021
Altair is coming, Obol Network raises $6.15 million, Connext Explorer released, Polygon & DraftKings partner up and much more!
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