Ethereum Intern
10.8K posts

Ethereum Intern
@ethereumintern_
World Computer Adherent - notintern.gwei

THE BLOCK: Cambridge's Alexander Neumüller finds Ethereum nodes clustered on Hetzner, AWS and OVH, with 31% of node activity in the U.S. More than one-third of validators going offline simultaneously could stop checkpoints from finalizing, he says. The SEC argued for U.S. jurisdiction over Ethereum based on node location in 2022.






We're acutely aware of the $MIM depeg and are taking emergency actions to remedy the situation. Effective immediately, we will begin gradually increasing interest rates across all Cauldrons, including deprecated markets, to encourage debt repayment and reduce outstanding $MIM supply. The current depeg creates a natural incentive for borrowers to repay debt at a discount, accelerating supply contraction and strengthening the path back to peg. Direct incentives will be temporarily stopped as well as Curve bribes until $MIM returns to peg. Our priority is simple: restore confidence, improve market structure, and return $MIM to a healthy (and liquid) peg. Additional recovery initiatives are being evaluated and will be communicated as they are finalized. Thank you to everyone supporting the ecosystem during this period. 🧙





Absolutely to nobody's surprise Nick used 50% of the voting supply to vote down the onchain proposal to renew the Security council despite having abstained the offchain vote Can't let that sweet ~$500m go to anybody else than him and his company! And with that ENS DAO is dead





Good luck everyone in NYC


🛰️ A new ENS delegate just appeared with 200,000 ENS of voting power. The wallet is one day old. Its primary name: ensteward.eth. Here's what the chain actually shows.



















