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Yesterday in Ethereum, Tuesday, March 11, 2025

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The Holesky testnet finalized much sooner than expected, after almost two weeks of non-finalization, so we may yet see the Pectra upgrade in April. There was an estimate that it would take till at least March 28 to finalize.

Ether Guild sounds like a great new community effort to promote Ethereum, focused on its value as money. I like their graphic of Ethereum-promoting organizations in the 7th tweet of that thread. The treasury is managed by, among others, Antony Sassano (The Daily Gwei) and Ryan Sean Adams (Bankless). Their first project is the ETH is Money website.

The Ethereum Foundation added new Co-Executive Director Hsiao-Wei Wang to their board.

Coinbase will be launching perpetual (no expiration date) Bitcoin and Ethereum futures contracts in the US.

The SEC is abandoning Gary Gensler's effort to expand the term “exchange” to include “communications protocols,” which would have picked up various protocols used with respect to crypto assets (see the "Trading Venues" section of this speech).

The FDIC still isn't being transparent about Operation Chokepoint 2.0 (debanking of crypto), according to Coinbase Chief Legal Officer Paul Grewal.

If you use the Safe wallet, there's a new tool, SafeWatcher, that could prevent losses like Bybit suffered recently.

Another new L2: Movement, using the Move language that Facebook created for their abortive attempt to get into crypto.

Previous Yesterday in Ethereum.

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