Week in Ethereum News
June 22, 2024

Eth News and Links

Blob fee market issues, SEC drops Consensys case and CertiK withdrew ~$3M from Kraken without authorization

All core devs

Pectra (Prague + Electra) upgrade, likely targeting Q1 2025

Osaka + F starname upgrade

  • Verkle implementers call #19:
    • transition tests mostly passing on Geth, support increasing code size limit, testnet relaunch targeting July & preimage distribution discussion

Centralization watch: threatening the value of your ETH

Layer 1


Client Releases

  • Consensus layer:
    • Prysm v5.0.4: fixes p2p peer for Windows users, Beacon API retrieving old blobs & initial sync avoids redundant blob downloads
    • Teku v24.6.0: performance improvements & fixes; v24.6.1: fix for v24.6.0 startup failure
  • Execution layer:
    • Nethermind v1.27.0: ~150% improvement to block processing & intra-block cache 

For Stakers


  • EIPs (Ethereum improvement proposals):
    • EIP discussions proposal, highlight updates, reviews & outstanding issues
  • ERCs (application layer standards):
  • EIP.tools: view & search EIP/ERCs

Stuff for developers



  • Devcon: ticket raffle & auction live on Arbitrum, 20 tickets for highest auction bids, 184 tickets for raffle winners, minimum entry is 0.08 ETH


Job Listings

Job listings: $600 for 4 issues (75 char limit).  Pay using 3cities.  Questions? abcoathup at-gmail

Onchain stats

  • Fees (via ultrasound.money):
    • Gas: 1.9 to 95.6 gwei, 6.5 gwei average; zero net issuance at 23.5 gwei 
    • Blob gas: spiked to 8,405 gwei; 251 ETH burnt
    • 12.5k ETH net issuance this week
  • ETHUSD: $3,387 – $3,632, currently $3,511, all time high $4,878
  • ETHBTC: currently 0.055 (Flippening at ~0.16)


END OF SERVICE: plan to deprecate Week in Ethereum News

Editor: @abcoathup
Follow @WeekinEthNews for the most clicked links
Permalink: https://weekinethereumnews.com/week-in-ethereum-news-june-22-2024

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