EIP8363 tapered issuance burn proposal, Dark Forest Aztec, MetaMask Agent Wallet
Ecosystem
- Issuance change proposal for Hegotá: EIP8363 tapered issuance burn, burn fraction of validator idealized duty reward, net staking yield tapers linearly to zero at 50% staking ratio, phased in over 18 months (after the upgrade)
- Governance discussion on Eth Magicians & technical discussion (specs, implementation & alternatives) on Eth R&D
- Ethereum Foundation:
- Will Corcoran Protocol cluster update: highlights & plans per team
- EF Trillion Dollar Security grant for WEBCAT (web based code assurance & transparency), fund development of verification library, Chromium browser support research, help devs integrate, external security review & create ERC
- Devcon 8 speaker application deadline extended to August 12
- ETH metrics:
- Gas (gwei): 0.1 average, 0 - 2.8 (13.3 for zero net issuance)
- ETH supply change: 20k net issuance
- ETHUSD: $1,823 -$1,935 (all time high $4,946, August 24, 2025)
- ETH ETFs: 5.2% of ETH supply
- ETHBTC: 0.03 (0.166 for the Flippening)
Sponsor: MetaMask
MetaMask Crypto Security Report: July 2026
Featuring MetaMask’s 10th anniversary security milestones, global law enforcement operations dismantling crypto crime infrastructure across 97 countries, threat reports from SlowMist and TRM Labs, and more.
MetaMask Crypto Security Report: July 2026
Enterprise
- BlackRock launched two tokenized funds: select Treasury based liquidity (mainnet) & daily reinvestment stablecoin reserve (multichain)
- Cloudflare Wallets: claim handle for upcoming account wallet, which can create virtual wallets for agents to buy APIs & content via x402
Applications
- DeFi Saver:
- Aave V3 to V4 migrator
- Token Saver: scan for recoverable balances, rewards & airdrops from smart wallets
- Uniswap Pools (token launchpad) live on Robinhood Chain (L2), autocompounding liquidity, snipe mitigation, permanent locked liquidity, optional creator fee & 0.25% LP fee
- Augur Moon fork completed, ~60% of REP token migrated
- POAP (Proof of Attendance Protocol) winding down
- Dark Forest Aztec (game): port of Dark Forest 0.6 to Aztec (privacy L2); alpha
Developers
- Application layer standards (ERCs):
Agents
- MetaMask Agent Wallet: self custodial wallet, live on mainnet & select L2s, connect agent frameworks, set spend limits, allowlisted protocols & risk preferences
Security
- Marius van der Wijden (Geth): challenges for responsible disclosure with advent of AI
- Ethereum Foundation Protocol Security team hiring a protocol security researcher
All core devs (main protocol calls)
All core devs - consensus (ACDC) #184
- Glamsterdam upgrade (targeting 2026):
- glamsterdam-devnet-7: testing ongoing
- PlatĂĄberget (glamsterdam-devnet-8): short lived permissionless public testnet, targeting next week, upgrade ~1 week after genesis
- Hegotá upgrade (targeting 2027):
- Non-headliners proposed for inclusion:
- hanniabu: EIP8359 beacon block reporting field (validator client & setup)
- Barnabé Monnot (Ethlabs): presentation for EIP8198 quick slots (decrease from 12s to 10s)
- Thomas Thiery (EF): EIP8369 VOPS profiles for FOCIL eligibility
- Kamil Salakhiev (EF): presentation for EIP8142 block in blobs
- Csaba Király: EIP8371 RowDAS
- JĂ©rĂ´me de Tychey: presentation for EIP8363 tapered issuance burn
- NC (Lodestar): EIP8365 BLS withdrawal credential retirement & EIP8367 balance sunset for retired BLS validators
- Oisin Kyne (Obol): presentation for updated EIP7716 anti correlation attestation penalties
- Non-headliners proposed for inclusion:
All core devs - testing (ACDT) #90 + consensus layer breakout
- Glamsterdam upgrade (targeting 2026):
- Maria InĂŞs Silva (EF): repricing update, anchor reduced from 100 to 75 Mgas/s, 200M gas limit possible
- Attestation deadline kept at 3s, investigate lowering to 2s after upgrade
Layer 1
- consensus-specs v1.7.0-alpha.13
- Hegotá upgrade (targeting 2027):
- EIP7805 FOCIL breakout #39: engine API merged & spec maturing
- BlobArchive: blobs stored as raw IPFS block, indexed by immutable DAG & distributed over libp2p/Bitswap
- Alex Kuzmin (EF) client side proving benchmarks
- Ethereum improvement proposals (EIPs):
- EIP8358: Net gas metering for account changes
- EIP8359: Beacon block reporting field
- EIP8360: TCREATE opcode
- EIP8361: Transaction validity proofs
- EIP8363: Tapered issuance burn
- EIP8364: SSZ compact multiproofs
- EIP8365: BLS withdrawal credential retirement
- EIP8367: Balance sunset for retired BLS validators
- EIP8368: CPSB (cost per state byte) recalibration for new gas limit
- EIP8369: VOPS (validity only partial statelessness) profiles for FOCIL eligibility
- EIP8371: RowDAS - distributed blob reconstruction
- EIP8372: Normalized state gas limit
- EIP8374: Persist warm access sets across reverts
Research
- LeanDA: design for post quantum DAS with hash based commitments & LeanVM proofs
Staking
- ethstaker.tax shut down
- Client diversity:
- Consensus layer: Lighthouse ~51% (data may not be accurate)
- Staking market share: Lido 21% [Note: dual governance]
- Validators: 896k active (target 128k), 17k accumulating (0x02 withdrawal credentials)
- Client releases:
- Consensus layer:
- Grandine 2.0.6 (high): security fixes & performance optimizations
- Execution layer:
- Nethermind 1.39.3 (mandatory): reliability & hardening fixes for block processing, networking & request decoding
- Consensus layer:
General
- Camila Russo writing a history of DeFi book
Editor: @abcoathup
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