Week in Ethereum News
March 18, 2023

Eth News and Links

Shapella (Shanghai + Capella) upgrade

Dencun (Cancun + Deneb) upgrade

Layer 1

Client releases

  • Consensus layer:
    • Nimbus v23.3.1: config handling fixes, improves stability with Besu and fault tolerance when running multiple execution clients
  • Execution layer:
    • Nethermind v1.17.2: fixes bad block production when an empty block was scheduled


For Stakers

  • Withdrawals explainer: automated process but withdrawal key needs to be an Ethereum address, no need to rush BLS credential change unless mnemonic compromised

Layer 2

  • Arbitrum One & Nova moved to on-chain DAO governance with 9 of 12 security council (for emergency updates), token airdrop next week with 12.75% for users and 1.13% for Protocol Guild & DAOs with treasuries on Arbitrum; Arbitrum Orbit announced: permissionless creation of L3s
  • Aztec: sunsetting Aztec Connect to focus on their zkEVM rollup
  • Patrick McCorry: defining rollups both by the community and the validating bridge


  • EIPs:
    • EIP6690: EVM modular arithmetic extensions (EVM MAX) decoupled from EOF
  • ERCs:

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Stuff for developers




Application layer

  • Bank run panic caused USDC to depeg outside banking hours:
    • Uniswap nearly $12 billion in daily volume
    • MEV-Boost payments all time high
    • $DAI depegged, generally even more than USDC
    • Maker reduced governance execution delay to 16 hours and added PSM circuit breaker
  • Nexus Mutual v2 live on mainnet, cover for crypto-native & real world risks, cover as NFTs
  • Sismo zkConnect: private single sign-on, beta
  • Stealcam: NFT photos only the holder can view, pixelated for everyone else, live on Arbitrum
  • POAP Drops: streamlined creation, view past drops and manage existing POAPs
  • DAO Drops (retroactive public goods funding): allocate $250k DAI from EF grant. Voting power given to contract deployers, POAP collectors and DAO voters.  Vote by March 24

Job Listings

Job listings: $600 for four issues (75 character limit), payable in ETH/DAI/USDC to abcoathup.eth on mainnet or Layer 2.  Questions? abcoathup at-gmail



  • PeopleDAO 76 ETH social engineering exploit, payment added to Google sheet shared in Discord
  • Semacaulk: zk set membership protocol, reduces insert gas from 1M to 68k (using KZG commitments instead of Merkle trees), proof of concept
  • CASPER: secret channel attack via computer’s internal speaker to a mobile phone at 20bits/sec
  • Vespass: password manager, uses secret sharing & hardware enclaves, no master password

Follow @WeekinEthNews to find out what the most clicked links are. Follow @abcoathup and @evan_van_ness to get most of the week’s news in real time.

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