#Ethereum

Bloomberg reports that Standard Chartered, a multinational financial corporation, is developing its own platform for trading Bitcoin (BTC) and Ethereum (ETH). This new division will operate as part of the bank's global banking sector, with its management hub based in London.

Just five months after discontinuing their flagship product—the Nocturne v1 privacy protocol for Ethereum—the Nocturne team has announced the company’s closure.

Taiko has officially launched its L2 network on the mainnet. Taiko is an Ethereum-equivalent, EVM-compatible L2 blockchain utilizing ZK-rollup technology.

Two brothers have been arrested for conducting an MEV exploit, illegally netting around $25 million in cryptocurrency.

Consensys has reported that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0, deciding not to classify it as a security. This announcement follows the approval of Ethereum ETFs and comes just before the expected start of trading in July.

The Ethereum ecosystem, including its L2 and L3 blockchains, has set a new record for transactions per second at 245 TPS. A significant portion of this achievement, nearly 50% or 101 TPS, was contributed by the relatively new gaming-focused L3 blockchain, Xai, even though its total value locked (TVL) is less than $2 million.

Ethereum staking service Lido is planning partnerships with restaking platforms Mellow Finance and Symbiotic.

The ZK protocol based on Ethereum, Loopring, has suffered a hacker attack. The attacker stole $5 million from compromised wallets, withdrawing the funds in Ethereum.

ENS Labs has proposed expanding the Ethereum Name Service (ENS) protocol to a public Ethereum Layer 2 blockchain or creating its own network as part of the next project version, ENSv2. The developers believe this will enhance scalability and lower user costs.

The Ethereum Name Service (ENS) has filed a petition with the U.S. Patent and Trademark Office (USPTO) to challenge the validity of a patent held by the competing blockchain domain name project, Unstoppable Domains (UD).