Ethereum
A new Ethereum Improvement Proposal calls for lowering the network’s slot time, increasing blobs per block and scaling layer 1 performance.
DeFi
A malicious actor compromised an email thread between an investor and EigenLayer’s custodial service, resulting in over 1.6 million EIGEN tokens being erroneously transferred to the attacker’s address.
Tech
While total value secured has been the primary metric to track oracle adoption, a Blockworks Research report funded by oracle provider Pyth suggests total transacted value as a better metric, which would place Pyth above its rival Chainlink.
Bitcoin
Long-term bitcoin holders now account for 47.4% of all coins held at a loss, according to Glassnode.
Business
Binance’s share of the crypto market dropped to the lowest level since 2020 amid a broader decline in trading volumes across centralized crypto exchanges.
Conflict in the Middle East caused substantial price swings in the crypto markets, likely prompting liquidity providers to rebalance their positions which led to increased volumes.
One of the most widely-used metrics in DeFi comes under fire as Coinbase’s Viktor Bunin and Solana’s Anatoly Yakovenko argue about its importance.
Regulation
A contract featuring the election is now slated to go live on the CFTC-regulated platform on Friday morning.
Industry heavyweights applauded the news that the agency’s enforcement chief, Gurbir Grewal, will be stepping down from his post on October 11.
Ethereum’s Vitalik Buterin argued in favor of Middle East conflict-based betting markets, saying “it’s not about making money from bad stuff happening,” but rather creating an environment where speech has consequences without government censors.
