# Ethereum Daily ~ October 16, 2025

> Your Daily Briefing on Ethereum News.

**Published by:** [Ethereum Daily](https://paragraph.com/@ethereumdaily/)
**Published on:** 2025-10-16
**Categories:** ethereum, daily, crypto, news
**URL:** https://paragraph.com/@ethereumdaily/ethereum-daily-october-16-2025

## Content

📰 HeadlinesBrevis Advances ZK Proving on EthereumBrevis unveiled “Pico Prism,” reporting 99.6% of Ethereum blocks proven under 12 seconds (6.9s avg) using 64 RTX 5090 GPUs. Impact: Moves Ethereum toward real-time proving and lightweight verification, a major step for scaling and validating from consumer devices. Alibaba Parent Company Ant Digital Launches L2 ‘Jovay'Alibaba’s parent company Ant Digital introduced a new Layer 2 network branded as Jovay Network. Impact: Signals continued enterprise adoption of Ethereum’s scaling stack and potential new onchain commerce rails in Asia.60M Gas Limit Aimed for DecemberClient defaults are expected to target a 60M gas limit (up from 45M) before the Fusaka upgrade in early December. Impact: Roughly 33% more block capacity should ease congestion for apps while testing validator and network headroom.Today's issue of Ethereum Daily is Presented by Shutter. We all love Farcaster mini app games & we all want to win. But what if your favorite mini app was cheating you behind the scenes? In our latest blog post, co-written with Farcaster app developer Samuel Huber, we share the 3 mini app categories most at risk of exploitation. 🌐 Mainnet NewsJustin Drake: Rapid Progress Toward Real-Time ProvingJustin Drake compared May’s SP1 Hypercube results (94% in <12s on 160 RTX 4090s) with Pico Prism (≈99.9% in <12s on 64 RTX 5090s). Impact: Community validation underscores hardware efficiency gains that make real-time proving increasingly practical.Ethereum Dev Ecosystem Leads in 2025EF highlighted Electric Capital data showing Ethereum as the #1 ecosystem for new developers in 2025. Impact: Strong developer inflows support long-term protocol and app innovation across the stack.EF Deposits 2,400 ETH + $6m Stables into MorphoThe Ethereum Foundation deposited 2,400 ETH and about $6m of stablecoins into Morpho yield vaults. Impact: Shows EF’s continued use of DeFi primitives to manage treasury with permissionless, FLOSS-aligned protocols. 💎 ETH NewsETHZilla Shares Treasury Update, Reverse Split 1-for-10ETHZilla posted an update on ETH treasury financials alongside a 1-for-10 reverse stock split announcement. Impact: Corporate-style financial communication and capital actions bring public-market discipline to an ETH-exposed vehicle. 📱 Application NewsWeb3 Privacy Now Launches Updated Privacy DashboardAn updated privacy dashboard (explorer.web3privacy.info) adds pie-chart scoring, card layouts, and explanatory tooltips. Impact: Improves transparency and usability for comparing privacy attributes across onchain projects.Syndicate Publishes Q3 2025 FinancialsSyndicate Network Collective (DUNA) released its first full accrual-basis financials under U.S. law. Impact: Sets a transparency benchmark for decentralized networks operating within U.S. regulatory frameworks.Trustless BTC Loans Coming to EthereumDavid Tse shared a PoC enabling native BTC to be used as collateral to borrow on Ethereum without wrappers powered by Babylon and Morpho. Impact: If productionized, BTC can enter Ethereum credit markets with minimized trust assumptions.Paxos Freezes PYUSD on Aave After Erroneous Mint/BurnFollowing an accidental 300-trillion mint and subsequent burn, Paxos paused PYUSD markets on Aave while investigating. Impact: Temporary controls contained risk and emphasized the need for robust mint/burn safeguards in stablecoin operations.Zora Announces ‘Believe Fund’ Zora launched the Believe Fund to accelerate creator support with an initial allocation of 20M ZORA. Impact: Adds dedicated capital for onchain creators and cultural projects in the Ethereum ecosystem. 🌿 Layer 2 NewsINK Introduces Native Lend & Borrow Protocol 'Tydro'Ink announced the launch of its native lending and borrowing protocol, Tydro, which is powered by Aave and governed by the L2's $INK token. Impact: Strengthens INK’s Layer 2 ecosystem by introducing native credit markets and creating direct utility for the $INK token through governance and liquidity incentives.EUROD: ODDO BHF’s Euro Stablecoin Launches on PolygonFrench bank ODDO BHF launched its first euro-backed stablecoin (EUROD) exclusively on Polygon, issued under MiCA with a Bit2Me listing. Impact: Brings regulated euro liquidity to Polygon and broadens options for onchain settlement in Europe.Starknet × Alpen Labs: Trust-Minimized BTC BridgeStarknet announced a collaboration with Alpen Labs to build a trust-minimized Bitcoin bridge to DeFi on Starknet. Impact: A wrapper-free BTC bridge would expand BTCFi on L2 without honest-majority or custodian assumptions.MegaETH Opens Token Registration WindowMegaETH opened registration for a potential token launch via token.megaeth.com. Impact: Marks a step toward decentralizing ownership of a real-time blockchain focused on ultra-low latency.Zora ‘Believe Fund’ to Support CreatorsZora introduced a 20M ZORA fund to back the next generation of onchain creators. Impact: Dedicated creator financing could accelerate art, culture, and media projects using Ethereum primitives. 📫 Bonus ContentReady for Merge: Episode 1 (Giulio Rebuffo, Erigon)Ready for Merge released its first episode profiling Erigon CTO Giulio Rebuffo, republishing a “Meet the Devs” interview.‘The Fusaka Files’ Mini-Series AnnouncedECH Institute and the Enterprise Ethereum Alliance previewed a limited-episode podcast hosted by Pooja Ranjan and Paul Brody. Thanks for Reading Ethereum DailyFor more Ethereum updates 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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