This Week In Ethereum

Your weekly update of everything going on in Ethereum

CryptoGucci

Nov 13, 2022

Top Ethereum News of the Week

Ethereum is now officially Ultra Sound Money 🦇🔊 as supply goes negative for the 1st time since the Merge

DavidHoffman.bedrock 🏴🦇🔊🏴 @TrustlessState

$ETH is Ultra Sound Money! Zero net issuance since the merge

Stats

Gas consumed and daily txns on Arbitrum and Optimism hit ATHs

funnyking.eth zkHODLER 🦦🐛🦈 @PaoloRebuffo

The market crash is generating exceptional activity on ethereum, both at the l1 and l2 level: -gas consumed by l2 systems record : 4.57b -daily tx on @arbitrum record:576.012 -daily tx on @optimismFND record: 477,324 -ethereum officially in deflation since Merge.

In the last month 646,896 ETH have been added to the 2.0 deposit contract

funnyking.eth zkHODLER 🦦🐛🦈 @PaoloRebuffo

The trend on ethereum that absolutely amazes me the most is the huge amount of ether that ends up in the 2.0 contract every day. In the last month, 646,896 ethers have entered, which equates to 20,867 ethers per day. Over 15m ethers will be blocked in 21 days. data: @etherscan

ETH supply grew 1000x less than BTC supply since the Merge

ultra sound money 🦇🔊 @ultrasoundmoney

The ETH supply grew 1,000x less than the BTC supply since merge. Probably nothing.

Ethereum News

Wall Street research firm Berstein publishes report to its clients about Polygon

Sandeep | Polygon 💜🔝3️⃣ @sandeepnailwal

One of the leading Wall Street research firm @BernsteinBuzz published a report to its clients about @0xPolygon “Polygon is the new Web3 king, and it is all coming back to Ethereum” Credit : @BernsteinGautam @gautamchhugani

zkSync announces the zkSync 2.0 Bootloader
The Curve Finance Whitepaper turns 3 years old
@songadaymann creates Ultra Sound Money song
Fintech Uala launches Ethereum trading in Argentina
The Coinbase wallet extension now has an integrated Gorli/Sepolia testnet faucet

Ethereum is looking to hire a Project Manager

Cryptocurrency Jobs @ Dubai @jobsincrypto

.@ethereum is hiring! Ethereum Foundation is looking for a Project Manager to join their talented team and help build the decentralized future. 💻 Project Manager 🌍 Remote 🕒 Full-Time Apply now 👇 cryptocurrencyjobs.co/operations/eth… #blockchainjobs #cryptojobs

cryptocurrencyjobs.coProject Manager at Ethereum FoundationEthereum Foundation is looking to hire a Project Manager to join their team. This is a full-time position that is 100% remote with no geographical restrictions. Work remotely from anywhere.

Sismo releases Twitter reputation
@dmihal launches CryptoFlows.info
Mean Finance is now on Arbitrum
@alpha_pls interviews @WhinfreyChris of HopProtocol
ETHGlobal announces the 13 ETHSanFrancisco finalists

Immutable goes over $5 million volume traded in its first week of their launch with GameStopNFT

Immutable 🅧 - $IMX @Immutable

Powering the next generation of web3 games Within the first week of our launch with @GameStopNFT Marketplace, we've reached $5,000,000+ volume traded #onIMX

Nethermind is hiring new positions
The Venly Wallet goes live on Immutable
Braavos Wallet goes over 200k downloads
Rocket Pool celebrates their 1st birthday
@jvmi_ & @kelvinfichter introduce Magic Mirror

You can now bridge to Ethereum with MetaMask's new bridge aggregator

MetaMask 🦊💙 @MetaMask

You can now bridge to Ethereum, Avalanche, Binance Smart Chain, and Polygon using Connext, Hop, Celer cBridge, and Polygon Bridge! We’ve made it easy too!

CoW Swap goes over $195M in daily volume
BlockWallet adds support for Scroll
WOOFi is now on Arbitrum
Lodestar v1.2.0 is now avaliable

Articles and Threads

OP Labs releases EIP-4844: An Optimistic Bet on Rollup Scalability

OP Labs @OPLabsPBC

EIP-4844 is shaping up to be the next major upgrade to Ethereum. Once blobspace is unlocked for L2 use, the cost of rollup L1 transactions is expected to reduce by at least 20x. Our own @Inphi wrote a summary of this massive community-led effort to date:

dev.optimism.ioEIP-4844: An Optimistic Bet on Rollup ScalabilityEIP-4844 (protodanksharding) is on the rise. With its development, memes, and community support, it’s anticipated as the next big upgrade to Ethereum. But what is it really? In a nutshell, it’s a new transaction type that makes it easy to write cheap but ephemeral data on L1. The data, represented

@Swagtimus releases StarkNet Roundup #40
@0xNurstar releases Recap of the previous Day on StarkNet
@JediSwap releases Newsletter Issue #5
@ratedw3d releases The Merge Series: Performance
Paradigm releases L2 report vol. 9
@SalomonCrypto releases Ethereum Basics: Nodes
@AnettRolikova releases thread on EIPs
@barnabemonnot releases Notes on Proposer-Builder Separation
@SalomonCrypto releases Ethereum Roadmap: Middleware
@dennis_qian releaess Monday DeFi Market Alpha

@christine_dkim releases Ethereum All Core Developers Call #149 Writeup

Christine Kim @christine_dkim

gm, here are my notes on yesterday's eth dev call. devs discussed what to include in shanghai outside of staked eth withdrawals and briefly debated the merits of prioritizing scalability over reducing the costs of running a node.

galaxy.comEthereum All Core Developers Call #149 WriteupOn November 10, 2022, Ethereum developers gathered for their 149th All Core Developers (ACD) call.

@daddysether releases Layer 2 Weekly Roundup #8
@MeirBank releases thread on why Eigen Layer is the msot important protocol since the launch of Ethereum
@VivekVentures releases 3 reasons why a high ETH price is important
@eth_limo releases Updates, Overview, and a Luxurious dWeb experience
StarkNet Africa releases thread on what Implicit arguments are, and how they work in Cairo
@0xNurstar releases Deep Dive - How to Buy, Mint and Sell NFTs on StarkNet
@bdb_eth releases thread on why ENS will be your most important identity asset
@EthereumPools releases Performance Analysis of Ethereum Staking Pools During The Merge
@FiftyFinney releases Account Abstraction - A pivotal step in ensuring Ethereum's adoption
@pseudotheos releases an abridged Uniswap history lesson and appreciation thread
@ryanberckmans releases thread on why centralized entities are going to be rocket fuel for L2s and ETH in the coming years

BONUS: FTX Implosion

SBF releases thread on FTX

SBF @SBF_FTX

1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.

FTX faces US DOJ investigation

SBF plays League of Legends while FTX is imploding

FTX announces agreement with Tron

FTX.com goes offline

Bankless covers The FTX Collapse

Arthur Hayes releases In this moment we are euphoric

@JG_Nuke releases 99 second update on what happened to FTX

Binance announces they will not acquire FTX

Binance @binance

As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of FTX.com.

@0xkyle releases A complete timeline of the whole FTX collapse so far

@jonwu_ releases everything you need to know about Alameda Research and the collapse of FTX

@GRDecter releases Here’s what I found out so far

ETH exchange withdrawals on FTX hit ATH on 11/6

@lawmaster releases database of all wallets labeled as Alameda

@BondHack reveals SBF’s tangled web of cross holdings

A giant whale was worried about a “bank run” on FTX as they withdrew $145M in 24 hours

Twitter Spaces

Knowing Nethermind with ZKX

Xenon x Arbitrum AMA

Podcasts

Sylve, whats BRIQ? - Walk the Talk SZN 2 EP 1

Blockchain.com releases Exploring Ethereum

Empire a16z’s Crypto Thesis

If you missed This Week In Ethereum last week, make sure to check it out👇

Crypto-Gucci.eth ᵍᵐ🦇🔊 @CryptoGucci

This Week In #Ethereum is out! - JP Morgan makes 1st DeFi trade - Vitalik releases updated roadmap - Fidelity to allow users to trade ETH soon - Polygon is working on an Ethereum rollup - VMware is helping drive enterprise adoption of Ethereum + more cryptogucci.substack.com/p/this-week-in…

This concludes This Week In Ethereum. I’ll be back again next week with the best alpha in the Ethereum ecosystem!

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Stay gucci frens.

This newsletter is for educational purposes only and is not financial or investment advice. Always make sure to do your own research and stay gucci.

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