NiftyNoon: Ethereum Foundation Evolves: New Leadership, New Challenges 🔷🛠️🚀
The Ethereum Foundation revamps leadership and gears up for the Fusaka upgrade to scale and strengthen the network (29 April, 2025)
Nifty Thought:
The Ethereum Foundation (EF) has overhauled its leadership and operational model, appointing Hsiao-Wei Wang and Tomasz Stańczak as Co-Executive Directors to strengthen strategic execution, governance, and internal operations. The new structure separates daily management from board oversight, with Vitalik Buterin, Aya Miyaguchi, Patrick Storchenegger, and Wang herself serving on the board to safeguard EF’s principles of decentralization, privacy, security, and open-source innovation. Wang and Stańczak will focus on scaling Ethereum’s mainnet and L2 interoperability, while maintaining EF’s philosophy of “purposeful subtraction” — stepping in only where uniquely needed and empowering the broader community.
Meanwhile, Ethereum is preparing for its next major evolution: the Fusaka hard fork in late 2025, featuring the controversial EVM Object Format (EOF) upgrade. EOF promises cleaner, more efficient smart contract architecture but has drawn criticism for adding complexity and potential security risks. While supporters tout its long-term benefits for scalability and developer experience, critics fear it may fragment tooling and burden developers. As Ethereum balances innovation with resilience, EF’s revamped leadership aims to steward the ecosystem through this pivotal phase — ensuring Ethereum remains a neutral, decentralized platform for global coordination across technology, finance, and governance.
Highlighted News:
🔷 @ethereumfndn share three updates from the EF board and management team:
https://x.com/ethereumfndn/status/1916883771280040264?s=46
📣 Tomasz K. Stańczak provides Clarification on EOF debate:
https://x.com/tkstanczak/status/1916713080265855444
🔵 @CoinbaseAM introduce the Coinbase Bitcoin Yield Fund (CBYF), an institutional solution built to invest in bitcoin while seeking a conservative bitcoin yield:
https://x.com/coinbaseam/status/1916839821856694654?s=46
🐱 Jupiter introduces its new DeFi swap engine, “Ultra V2”, with key new features such as JupShield, gasless support, MEV protect, dynamic execution, and more:
https://x.com/jupiterexchange/status/1916854947963957286?s=46
💳 Mastercard announced end-to-end capabilities to support stablecoins, ensuring payments can be made or received using them - anytime, anywhere:
https://x.com/mastercardnews/status/1916896208187986114?s=46
Project and Community News:
Ethereum ETF Flow (US$ million) - 2025-04-28 Total Net Flow - 64.1: https://x.com/farsideuk/status/1917063145618628959?s=46
WLFI has officially signed an MOU with Pakistan: https://x.com/worldlibertyfi/status/1916854960399974419?s=46
$MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin: https://x.com/saylor/status/1916825375155380688?s=46
Introducing the Grayscale Bittensor Trust TAO 0.00%↑: https://x.com/Grayscale/status/1916915580810236368
Arizona becomes the first U.S. state to pass a $BTC reserve bill that allows for up to 10% of public funds to be invested in virtual currencies like Bitcoin: https://x.com/eleanorterrett/status/1916962278198448436?s=46
Senator Josh Hawley introduces "PELOSI Act" to ban Congress from trading stocks: https://x.com/polymarket/status/1916952033589965141?s=46
Commerce Secretary Howard Lutnick said America is embracing Bitcoin and the government is going to continue supporting it: https://x.com/bitcoinmagazine/status/1916911446358737199?s=46
$HYPE on HyperEVM has flipped the Assistance Fund: https://x.com/wardaddycapital/status/1916931823369678867
Tether Reports XAU₮ Grows Amid Shifting Monetary Landscape, Releases its First Attestation for Q1 2025, More Than 7.7 Tons of Physical Gold Backing the Token in Circulation: https://x.com/Tether_to/status/1916845514722627650
In the past 7 days, stablecoins(USDT&USDC) on Tron increased by $2.17B, and stablecoins(USDT&USDC) on Avalanche decreased by $66.22M: https://x.com/lookonchain/status/1916868865943871622?s=46
How Tether might have quietly become the most profitable business by headcount in the world: https://x.com/PirateWires/status/1916904046243598472
MetaMask Chooses CompoSecure ($CMPO) to Make New Metal Credit Card: https://x.com/matthew_sigel/status/1916855942294987023?s=46
@HivemindCap welcome several @SamSpratt works into the Digital Culture Fund: https://x.com/hivemindcap/status/1916884969999265995?s=46
Thruster continues to operate at 100% uptime with no issues: https://x.com/ThrusterFi/status/1916924850784113124
According to DeFiLlama data, the trading volume on Sui DEXs reached $3.649 billion over the past week (April 20–26), marking a new all-time weekly high: https://x.com/wublockchain/status/1916773997041377492?s=46
Ledger x @PudgyPenguins is here: https://x.com/ledger/status/1916793008822919576?s=61
Janover stock is up 65% on the week: https://x.com/tyler_did_it/status/1916896440808530266?s=46
Nexo returns to the U.S. market: https://x.com/nexo/status/1916749283795030263?s=46
A New Era for Lightspark: https://x.com/lightspark/status/1916919370384855253
CloneX just smoothly transitioned to ArWeave, thanks to the support of
@ardriveapp: https://x.com/cardillosamuel/status/1916892822671966482?s=46
GONDI crossed 1,020 active NFT loans and it's still climbing: https://x.com/gondixyz/status/1916885654577061958?s=46
Pudgy Penguin #6873 sell for 200 WETH on @gondixyz: https://x.com/gondixyz/status/1916982483968545116?s=46
Quick Stats:
👾 Blur ETH Daily Volume: 943 ETH (▼ 13.19%)
🌊 OpenSea ETH Daily Volume: 1,202 ETH (▲ 51.46%)
🟠 BTC : $94,875.19 (▼ 0.57%)
🔷 ETH: $1,823.80 (▲ 0.71%)
🟣 Solana: $148.04 (▼ 1.99%)
🟪 Polygon: $0.24 (▼ 2.25%)
Top NFT Sales:
Pudgy Penguins #6873: 200.00 ETH
CryptoPunks #8580: 42.51 ETH
Bored Ape Yacht Club #5296: 22.22 ETH
NFT Daily Winners:
👾 Tensorians: 3.42 SOL (▲ 7.58%)
⛩ Azuki: 2.63 ETH (▲ 2.33%)
🍭 Mocaverse: 1.89 ETH (▲ 1.45%)
🏴☠ Captainz: 0.64 ETH (▲ 0.33%)
💼 Ordinal Maxi Biz: 0.02 BTC (▲ 0.31%)
🏳🌈 Chromie Squiggles: 4.50 ETH (► 0.00%)
NFT Daily Losers:
🦧 Bored Ape Yacht Club: 13.57 ETH (▼ 0.07%)
🐵 NodeMonkes: 0.04 BTC (▼ 0.11%)
😡 Mad Lads: 40.60 SOL (▼ 0.25%)
🚬 CryptoPunks: 44.10 ETH (▼ 0.90%)
🐧 Pudgy Penguins: 11.77 ETH (▼ 0.93%)
🐱 Quantum Cats: 0.04 BTC (▼ 2.39%)
🧙♂️ Taproot Wizards: 0.15 BTC (▼ 2.66%)
👩🏻 Milady Maker: 3.27 ETH (▼ 3.85%)
🧦 Bitcoin Puppets: 0.03 BTC (▼ 6.72%)
Notes:
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