Week 87: Vitalik’s thoughts on Ethereum Alignment, Sui Bridge is Live, Solana Mobile integrated CUDIS, & QuillAudits’ Monthly Hack Synopsis Shows Total Loss ~$161.249M
5 min readOct 7, 2024
GM! Buidlers
In this latest issue of HashingBits, we’re diving deep into Ethereum’s Core Developers meetings, covering all the major updates in the Ethereum ecosystem. But that’s not all — we’ll explore the latest happenings in the Polygon, Sui & Base ecosystems, along with advancements in the AI & Web3 space. For developers, we’re highlighting new tools designed to assist smart contract developers and auditors. And, of course, we’ll delve into the headlines about Quillaudits’ September hack synopsis of ~$161.249M
EtherScope: Core Developments 👨💻
- Take a look into EOF Implementers Call #59
- Recap of PeerDAS Breakout Room #9
- Summary of Eth multicall Meeting Sep 30, 2024
- Vitalik’s thoughts on making Ethereum alignment legible
Layer1 & Layer2
- Jitos will have Helius as one of the initial node operators on the Jito Restaking protocol.
- LayerZero is now live on BitLayers, a L2 aimed to scale Bitcoin through ZK proofs and BitVM,
- Zappier now supports ZKsync
- DePerp now supports MOTHER, the Solana memecoin of Iggy Azalea, Perp markets on Base with 10x Leverage.
- Aevo has finished the September AEVO buyback plan.
- Hyperdrive by DELV, formerly Element, is now live on Base.
- Ondo’s USDY is now live on Dolomite on Arbitrum.
- Spark now fully supports farming on Sky, previously MakerDAO.
- Resolv’s USR, a delta-neutral synthetic stablecoin, is now integrated with Hyperliquid.
- Cudis, the AI-empowered Wearable DePIN product built on Solana, has now been integrated into the Solana Mobile.
- Talent Passport, the resume for web3, introduces Base and Ethereum User Credentials.
- Bedrock has resumed uniBTC staking on Babylon after addressing a smart contract vulnerability.
- Ethena’s governance has proposed the launch of “Ethereal”.
- Automata Network has launched on Optimism’s OP Stack as a machine attestation layer focused on hardware trust through on-chain machine attestations, including Trusted Execution Environments (TEEs).
- GnosisDAO has introduced a new brand identity and website at gnosis.io.
- Cryptify, an AI-driven platform, has stealth-launched its $CRAI token.
- Puffer Finance has launched UniFi AVS, which is designed to enhance Ethereum’s scalability and user experience.
- Musubi is enabling users to seamlessly swap assets across Ethereum using fingerprint authentication, all without leaving their Kinto-insured wallets.
- Rujira, a product born from the merger of KUJIRA and ThorChain, has officially launched its landing page and documentation.
- EigenLayer and LayerZero have introduced a new framework for Crypto Economic Decentralized Verifier Networks (DVNs)
- SWIFT, the world’s largest financial institution payment network, has announced that beginning next year, institutions globally will begin trialing live digital asset and currency transactions on its network.
- Lombard has launched a limited-time flash event, offering 2x Lux rewards on all new BTC staked before Babylon’s Cap-2 event next Wednesday.
- KelpDAO’s agETH can now be bridged from other networks to Linea through Axelar.
- Ethervista has launched its Vista staking.
- VOOI, a cross-chain perpetual DEX aggregator backed by Binance Labs, Consensys, and ZK Accelerator, has expanded its reach into the Telegram ecosystem.
EIPs (Ethereum improvement proposals)
ERCs
- ERC 7776: Transparent Financial Statements
- ERC 7777: Governance for Human Robot Societies
- ERC 7779: Interoperable Delegated Accounts
- ERC 7579: Validation Module Extension for ERC-7579
EcoExpansions: Beyond Ethereum 🚀
Sui
- Atoma is bringing decentralized AI to Sui
- Sui has become the first Layer-1 project to run SCION (now in Testnet), a stronger alternative to the routing and forwarding protocols in today’s Internet
- Take a look into Axelar MDS (coming soon to Sui!) that will significantly improve cross-chain interoperability.
- Take a look into $SUI building block
- Sui has launched Sui Bridge on Mainnet.
Base
- Every Basename now shows an onchain score and heatmap of onchain activity
- ZeroLend is live on Base with Aerodrome LP positions as collateral
- LogX V2 is now officially live on Base
- World of Dypians x Base is here!
Polygon
- Humanity Protocol’s Testnet is LIVE!
- Key Takeways From the DeFi Roundtable by Polygon Labs and Coinbase co-hosted
- Polymarket election winner market now over $1 BILLION in volume
Hackathons, Workshops, CTFs & Events
- Oct 11- Azuro’s UI Builders Hackathon
- Oct 17–19 — ETHSofia conference & hackathon
- Oct 18–20 — ETHGlobal San Francisco
- Oct 17–20 — ETHLisbon hackathon
Explore the Depths of Knowledge: Research Papers, Blogs and Tweets🔖
- Homomorphic Encryption: Explained
- Technical Deep Dive into Polygon PoS
- Deep Dive into chain abstraction
Articles
- A Technical Deep Dive into Polygon zkEVM
- What Are Blockchain Bridges & How Do They Work?
- The Impact Of WebAssembly (WASM) Smart Contracts
- What is a Blockchain Oracle & How Does It Work?
Research Papers
- RiskSEA: A Scalable Graph Embedding for Detecting On-chain Fraudulent Activities on the Ethereum Blockchain
- Web3 and the State: Indian state’s redescription of blockchain
- Count of Monte Crypto: Accounting-based Defenses for Cross-Chain Bridges
- Review of blockchain application with Graph Neural Networks, Graph Convolutional Networks and Convolutional Neural Networks
Watch🎥
Web3 Security
Articles
- Digital Danger — Rekt
- Bedrock — Rekt
- Checklist for Auditing Tron Projects
- SlowMist: Introduction to Auditing Sui — Move Contracts
- SlowMist: Analysis and Audit Considerations of the Uniswap v3 Protocol
- Strengthening Legal Protections for White Hat Hackers
Research Papers
- XChainWatcher: Monitoring and Identifying Attacks in Cross-Chain Bridges
- On Scaling LT-Coded Blockchains in Heterogeneous Networks and their Vulnerabilities to DoS Threats
- Enhancing Web Spam Detection through a Blockchain-Enabled Crowdsourcing Mechanism
- A Mathematical Theory of Hyper-simplex Fractal Network for Blockchain: Part I
- MEV Sharing with Dynamic Extraction Rates
- QuillAudits’ monthly hack synopsis: Total Loss $161.249 million in September
- Certik’s monthly hack synopsis
- Certik’s Hack3D Report: Q3
- ZachXBT’s investigation around a futures trader called APE
Community Spotlight
QuillAI Network is Pushing Boundaries
The QuillAI Network is the AI layer for web3 security. In their mission to create a safer web3, QuillAI features an OML-aligned framework incentivising developers and users to build self-sovereign AI agents for dedicated tasks through the fine-tuning of its D-LLM. With agents for solidity (QuillShield) and due diligence (QuillCheck) helping safeguard contracts, transactions, and wallets, QuillAI is empowering web3 users and builders to charge of their security needs.
