# Ethereum Daily ~ August 13, 2025

> Your Daily Briefing on Ethereum News. 

**Published by:** [Ethereum Daily](https://paragraph.com/@ethereumdaily/)
**Published on:** 2025-08-14
**Categories:** ethereum, daily, crypto, news
**URL:** https://paragraph.com/@ethereumdaily/ethereum-daily-august-13-2025

## Content

📰 HeadlinesETH Hits All Time High in Market CapEF Presents at Google Web3 SummitGoogle Rescinds Ban on Self-Custody WalletsYesterday's 1-of-1 Ethereum Daily collectible winner is @HighPlains66 🏆 Thanks for your continued support! 🌐 Mainnet NewsEF at Google Web3: ZK & AI SummitCommunity contributor Davide Crapis highlighted the Ethereum Foundation’s presence at Google’s Web3: ZK & AI Summit, noting a presentation from Justin Drake. The update signals active collaboration touchpoints between the Ethereum Foundation and institutions and corporations. Why this matters: Public appearances by EF researchers at major tech venues help align Ethereum’s roadmap visibility with mainstream developer communities.EF Did Not Sell the Large ETH Block Reported TodayCo-Executive Director of the Ethereum Foundation, Hsiao-Wei Wang clarified that a widely discussed large ETH sale did not originate from the Ethereum Foundation. The message corrected initial speculation circulating earlier in the day. Why this matters: Clear communication reduces rumor-driven volatility and preserves trust around EF treasury activity.Ethereum Guest Thread: Agentic Commerce on EthereumResearchers Kevin Leffew and Murr Lincoln outlined how agentic commerce could evolve on Ethereum. The thread explores mechanisms for autonomous agents to transact and coordinate within Ethereum-based markets. Why this matters: Advancements in agentic systems could expand automated economic activity and new app paradigms onchain.Google Rescinds Ban on Self-Custody WalletsZoomer reported that the company rescinded its ban on self-custodial wallets. This reversal was likely in response to community blowback earlier in the day on their initial decision to ban self-custody wallets. Why this matters: Self-custody enables individuals to directly control their assets without relying on third parties, preserving financial sovereignty and reducing counterparty risk. Edge City Announces Patagonia Residency CohortEdge City announced its first cohort of residencies in Patagonia. The program targets builders and researchers working in crypto and adjacent technologies. Why this matters: Focused residencies can accelerate contributor pipelines and deepen real-world collaboration among Ethereum-aligned teams. 💎 ETH NewsETH Hits All-Time High in Market CapCoinMarketCap data shared on social media showed ETH reaching a new all-time high by market capitalization. The milestone reflects recent price action and aggregate valuation in circulation. Why this matters: Market cap highs often draw broader investor attention and can influence liquidity across Ethereum assets.ETH ETFs Record Third-Best Day; Strong 7-Day InflowsNate Geraci reported that today was the third-best day ever for ETH ETFs. He added that funds have taken in $3 billion over the past seven trading days. Why this matters: Sustained ETF inflows can translate into persistent spot demand and improved market depth for ETH.ETH Treasury Buyers on Pace to Absorb a Decade of Issuance@etheraider tracked purchases by companies with ETH treasuries and suggested they could collectively acquire a decade’s worth of issuance within a year. The analysis framed persistent balance-sheet demand trends. Why this matters: Corporate treasury accumulation may reduce circulating supply and amplify the impact of staking and burn dynamics. 📱 Application NewsMetaMask to Launch mUSD StablecoinPhoenix News reported that MetaMask plans to launch an in-house stablecoin called mUSD. Details referenced an upcoming product effort tied to the wallet’s ecosystem. Why this matters: A native stablecoin could deepen payment and savings features across MetaMask products and partner apps.Linea Details Up to 13% Cashback With Upcoming MetaMask CardLinea announced a program offering up to 13% cashback on purchases made with the forthcoming MetaMask card. The reward mechanism is expected to be powered by yields sourced via Aave. Why this matters: Linking traditional payments with onchain yield opens new consumer incentives and bridges offchain spending to Ethereum liquidity.World of Apps Event PreviewJason Chaskin of the Ethereum Foundation published a preview thread for the World of Apps event. The post summarized programming and focus areas relevant to Ethereum application developers. Why this matters: Developer-focused events can catalyze app experimentation and accelerate adoption through shared roadmaps.Distributed Validator Vaults Reach $100m in DepositsLido announced that Distributed Validator Vaults have surpassed $100 million in deposits via Mellow Protocol, Obol Collective, SSV Network, and Gearbox Protocol. The update highlights coordination among staking and infrastructure providers. Why this matters: Scaling trust-minimized validator operations can strengthen Ethereum’s staking decentralization and performance.Morpho Labs Goes Live on ArbitrumMorpho shared that its deployment on Arbitrum is now live. The rollout extends Morpho’s lending and optimization tooling to a major L2 network. Why this matters: Multichain and L2 availability expands user reach and can improve capital efficiency for DeFi participants.EigenCloud Security Reaches Over $23BEigenCloud reported an all-time high with ETH and EIGEN securing its verifiable cloud exceeding $23 billion. The figure underscores rapid growth in restaked security. Why this matters: Higher security budgets can attract more services to leverage shared security and broaden the ecosystem.Propy Partners With Morpho LabsPropy announced a partnership with Morpho Labs. The collaboration points to integrating DeFi credit primitives with real estate transaction workflows. Why this matters: Combining programmable credit with property workflows tests practical bridges between traditional assets and onchain finance. 🌿 Layer 2 NewsOffchain Labs Acquires Zero DevOffchain Labs revealed it is acquiring Zero Dev. The move brings smart account and wallet infrastructure closer to the Arbitrum stack. Why this matters: Consolidating account abstraction tooling within major L2 teams can streamline developer experiences and user onboarding.zkSync Shares Solx BenchmarkszkSync highlighted benchmarks from the Solx showing a compiler that's 8-13x faster than previous version, across more than 2,000 Ethereum smart contracts. The data point emphasizes compiler-driven optimizations. Why this matters: Compiler improvements that cut gas costs can lower barriers for users and developers at scale.BOB Integrates ICE MarketsThe Ethereum Layer 2 Build on Bitcoin announced an integration with ICE Markets. The update connects exchange infrastructure to BOB’s L2 environment. Why this matters: Market infrastructure integrations can enhance liquidity access and broaden asset support on L2s.NY Lifts Ban on USDC Transfers on BaseCommunity reports indicated that New York removed a prior restriction on USDC transfers on Base. The change follows evolving policy interpretations for stablecoin movement. Why this matters: Policy clarity for stablecoin transfers can unlock smoother user experiences and institutional participation on L2s. 🧪 Research + Development NewsPost-Quantum Technique Cuts zk Proof Size by ~40%Giacomo Fenzi outlined a post-quantum technique that reduces zk proof size by around 40%. The approach targets theoretical advances intended to make proofs lighter while using the existing proofs deployed. Why this matters: Smaller proofs can improve verification costs and open the door to new use cases in constrained environments.Zeam Call RecapzeamETH posted a recap of the latest Zeam Call. The summary shared updates on progress of the OpenVM project and zkVM-related projects, specifically OpenVM and a timeline for their post-quantum interop readiness push. Why this matters: Regular research calls align contributors and keep progress transparent across teams. 📫 Bonus ContentThe MEV Letter Becomes an Interactive Interface@Freddmannen announced that The MEV Letter has evolved into an interactive interface. The change aims to make MEV-related insights more explorable for readers.Zachxbt on Latest DPRK Onchain Attack@zachxbt published a thread detailing the latest onchain attack attributed to DPRK actors, which involved "a small team of five ITWs operated 30+ fake identities with government IDs and purchasing Upwork/LinkedIn accounts to obtain developer jobs at projects." Thanks for Reading Ethereum DailyFor more updates like these subscribe to Ethereum Daily and follow us on the social media platforms below.SubscribeTwitterFarcasterDisclosures: Ethereum Daily is an independent publication and does not offer financial or investment advice. Content may include opinions, affiliate links, or references to projects in which contributors have a financial interest. Always do your own research.

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