• Solana Foundation announces a $400,000 grant for open-source developers working on Solana Actions and Blinks Tool.

• WalletConnect announces the "Build the New Internet" hackathon, the UX-focused virtual hackathon for builders with total bounties of $50,000.

• TONX announces Code Summer Hackathon, a TON hackathon for developers to compete for a $500K prize pool and secure a spot at the TONX Accelerator with a $5M funding pool.

• 0xvon, Enrico Bottazzi, Masato, and Nam Ngo published “A Note On Securely Finding Minimum Mean Cycle”, proposing a new protocol to improve the efficiency of finding the Minimum Mean Cycle (MMC) in a graph and ensure privacy by using Multi-Party Computation (MPC).

• Kyungmin, bicoCrypto, and solmingming published “What is RealTPS in Blockchain”, introducing a new tool to measure TPS better.

• Lin Oshitani published “firmations with Multi-round MEV-Boost”, exploring a new method called Multi-round MEV-Boost to improve the speed and efficiency of blockchain transactions.

• nero.eth published “Diseconomies of Scale: Anti-Correlation Penalties (EIP-7716)”, suggesting a new rule (EIP-7716) to make validation rewarding fairer by penalizing big operators if their validators are too similar, encouraging diversity and decentralization.

• taetaehoho explores MEV capture, infra costs, and composability in different sequencing designs and why one big roll-up is an underexplored solution.

• Drew VanderWerff published “Commit-Boost: Proposer Platform to Safely Make Commitments”, proposing a new tool for Ethereum validators to safely make commitments.

Ethereum

• Paradigm releases spice, a Python client for extracting data from the Dune Analytics API.

• Polygon introduces Plonky3, a modular toolkit for building use-case-specific zkVMs and zkEVMs.

• Nethermind Sedge v1.4.0 is out featuring supports for Lido Community Staking Module on Holesky, MEV-boost on Holesky, and keys to generate 0x01 withdrawal credentials.

• Nethermind released an open-source executable formal model of the EVM and Yul written in Lean 4.

• YieldNest introduces PointGuard, a protocol points system that is validated by an Active Validator Service (AVS) powered by EigenLayer.

• Paradigm shares a curated repository containing examples of Reth Execution Extensions (ExEx).

• PartyDAO introduces

Solana

• Dialect introduces the Blinks SDK, the Actions interface with style presets, customizable themes, and Chrome extension support.

• Dialect introduces the Blinks Public Registry, a public good API for discovering and building with the hundreds of blinks.

• Solana Name Service (SNS) open-sourced its smart contracts.

• RareSkills explains storage slots in Solidity and the EVM.

• Solidity Team published an explainer on via-IR, breaking down what it is, comparing the legacy and via-IR pipelines, and discussing the plans for making via-IR default.

• RareSkills explains how the Beacon Proxy pattern works. A Beacon Proxy is a smart contract upgrade pattern where multiple proxies use the same implementation contract, and all the proxies can be upgraded in a single transaction.

• Luganodes explains how Preconfirmations work and how to produce sub-second finality for Ethereum.

Want to Reach Developers?

Web3BuilderNews reaches an avid audience of developers and builders in the Web3 Space. If you want to expand your project's reach to this highly technical and influential audience, or reach out to web3 users through our parent publication Today in DeFi, please contact support@todayindefi.com

L2s

• Taiko introduces Gwyneth, a booster rollup synchronously composable with Ethereum, designed to improve scalability and user experience.

• ApeCoin launches ApeChain L2 testnet Curtis for gaming enthusiasts, aiming to enhance the utility of the APE token.

Avalanche

• blocmates shares a breakdown of the Avalanche ACP-77 upgrade, featuring staking and reward flexibility, reduced off-chain costs for dev teams, a new fee mechanism, and more support for the already-thriving gaming subnets.

• LI.FI, a multi-chain liquidity aggregation protocol, suffered a $11.6M exploit due to a bug similar to the attack on Li.Fi on March 22, 2022.

• WazirX, the Indian crypto exchange, suffered a hack of 235M due to the security breach of its multi-sig wallets.

• Rho Markets, the liquidity layer on Scroll, suffered a $7.5M hack due to unauthorized access by a malicious actor exploiting an oracle control vulnerability.

• Security Alliance shares a retrospective for the Squarespace DNS hijacking attacks and discusses how to coordinate industry-wide incident response.

• Charles Wang shares the Denial-of-Service attack caused by the nonReentrant modifier, which is designed to prevent reentrancy attacks.

• ZeroLend, a multi-chain lending protocol, is launching an audit contest on Sherlock with a total reward of $62,000 .

• Karak, a decentralized multi-chain staking protocol, launched an audit contest on Code4rena with a total reward of $55,500.

• Zaros Finance, a perpetual DEX powered by boosted (re)staking vaults, launched a bug bounty program on Cyfrin CodeHawks with a total reward of $60,000 .

• INIT Capital, the liquidity hook money market, launched a bug bounty program on HackenProof with bounties of up to $100,000.

• Folks Finance, a capital markets protocol for lending and borrowing, launched a bug bounty program on ImmuneFi with bounties of up to $100,000.

• Hermetica launched USDh on Runes. USDh is the first Bitcoin-backed, yield-bearing stablecoin on Stacks and Runes. Users can stake USDh to earn up to 25% plus points.

• Chromia L1 launches its MVP mainnet. This release introduces the native CHR token, enabling the migration of ERC-20 and BEP-20 CHR tokens to the network.

Web3 Builder News is supported by ACI.

If you are interested in supporting a technical newsletter with good developer reach, please reach out to support@todayindefi.com

• Solana Foundation announces a $400,000 grant for open-source developers working on Solana Actions and Blinks Tool.

• WalletConnect announces the "Build the New Internet" hackathon, the UX-focused virtual hackathon for builders with total bounties of $50,000.

• TONX announces Code Summer Hackathon, a TON hackathon for developers to compete for a $500K prize pool and secure a spot at the TONX Accelerator with a $5M funding pool.

• 0xvon, Enrico Bottazzi, Masato, and Nam Ngo published “A Note On Securely Finding Minimum Mean Cycle”, proposing a new protocol to improve the efficiency of finding the Minimum Mean Cycle (MMC) in a graph and ensure privacy by using Multi-Party Computation (MPC).

• Kyungmin, bicoCrypto, and solmingming published “What is RealTPS in Blockchain”, introducing a new tool to measure TPS better.

• Lin Oshitani published “firmations with Multi-round MEV-Boost”, exploring a new method called Multi-round MEV-Boost to improve the speed and efficiency of blockchain transactions.

• nero.eth published “Diseconomies of Scale: Anti-Correlation Penalties (EIP-7716)”, suggesting a new rule (EIP-7716) to make validation rewarding fairer by penalizing big operators if their validators are too similar, encouraging diversity and decentralization.

• taetaehoho explores MEV capture, infra costs, and composability in different sequencing designs and why one big roll-up is an underexplored solution.

• Drew VanderWerff published “Commit-Boost: Proposer Platform to Safely Make Commitments”, proposing a new tool for Ethereum validators to safely make commitments.

Ethereum

• Paradigm releases spice, a Python client for extracting data from the Dune Analytics API.

• Polygon introduces Plonky3, a modular toolkit for building use-case-specific zkVMs and zkEVMs.

• Nethermind Sedge v1.4.0 is out featuring supports for Lido Community Staking Module on Holesky, MEV-boost on Holesky, and keys to generate 0x01 withdrawal credentials.

• Nethermind released an open-source executable formal model of the EVM and Yul written in Lean 4.

• YieldNest introduces PointGuard, a protocol points system that is validated by an Active Validator Service (AVS) powered by EigenLayer.

• Paradigm shares a curated repository containing examples of Reth Execution Extensions (ExEx).

• PartyDAO introduces

Solana

• Dialect introduces the Blinks SDK, the Actions interface with style presets, customizable themes, and Chrome extension support.

• Dialect introduces the Blinks Public Registry, a public good API for discovering and building with the hundreds of blinks.

• Solana Name Service (SNS) open-sourced its smart contracts.

• RareSkills explains storage slots in Solidity and the EVM.

• Solidity Team published an explainer on via-IR, breaking down what it is, comparing the legacy and via-IR pipelines, and discussing the plans for making via-IR default.

• RareSkills explains how the Beacon Proxy pattern works. A Beacon Proxy is a smart contract upgrade pattern where multiple proxies use the same implementation contract, and all the proxies can be upgraded in a single transaction.

• Luganodes explains how Preconfirmations work and how to produce sub-second finality for Ethereum.

Want to Reach Developers?

Web3BuilderNews reaches an avid audience of developers and builders in the Web3 Space. If you want to expand your project's reach to this highly technical and influential audience, or reach out to web3 users through our parent publication Today in DeFi, please contact support@todayindefi.com

L2s

• Taiko introduces Gwyneth, a booster rollup synchronously composable with Ethereum, designed to improve scalability and user experience.

• ApeCoin launches ApeChain L2 testnet Curtis for gaming enthusiasts, aiming to enhance the utility of the APE token.

Avalanche

• blocmates shares a breakdown of the Avalanche ACP-77 upgrade, featuring staking and reward flexibility, reduced off-chain costs for dev teams, a new fee mechanism, and more support for the already-thriving gaming subnets.

• LI.FI, a multi-chain liquidity aggregation protocol, suffered a $11.6M exploit due to a bug similar to the attack on Li.Fi on March 22, 2022.

• WazirX, the Indian crypto exchange, suffered a hack of 235M due to the security breach of its multi-sig wallets.

• Rho Markets, the liquidity layer on Scroll, suffered a $7.5M hack due to unauthorized access by a malicious actor exploiting an oracle control vulnerability.

• Security Alliance shares a retrospective for the Squarespace DNS hijacking attacks and discusses how to coordinate industry-wide incident response.

• Charles Wang shares the Denial-of-Service attack caused by the nonReentrant modifier, which is designed to prevent reentrancy attacks.

• ZeroLend, a multi-chain lending protocol, is launching an audit contest on Sherlock with a total reward of $62,000 .

• Karak, a decentralized multi-chain staking protocol, launched an audit contest on Code4rena with a total reward of $55,500.

• Zaros Finance, a perpetual DEX powered by boosted (re)staking vaults, launched a bug bounty program on Cyfrin CodeHawks with a total reward of $60,000 .

• INIT Capital, the liquidity hook money market, launched a bug bounty program on HackenProof with bounties of up to $100,000.

• Folks Finance, a capital markets protocol for lending and borrowing, launched a bug bounty program on ImmuneFi with bounties of up to $100,000.

• Hermetica launched USDh on Runes. USDh is the first Bitcoin-backed, yield-bearing stablecoin on Stacks and Runes. Users can stake USDh to earn up to 25% plus points.

• Chromia L1 launches its MVP mainnet. This release introduces the native CHR token, enabling the migration of ERC-20 and BEP-20 CHR tokens to the network.

Web3 Builder News is supported by ACI.

If you are interested in supporting a technical newsletter with good developer reach, please reach out to support@todayindefi.com