Ethereum Institutional signals support for Ethlabs’ motion to reduce Ethereum block times
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EthLabs released its "Week2" update report, highlighting progress on Ethereum interoperability, PropAMMs, and funding.
According to Mars Finance, on July 6th, Barnabé Monnot (barnabé.eth), founder of EthLabs, released a "Week 2" update, summarizing the team's latest progress and ecosystem discussions during the launch and fundraising phases. Regarding interoperability, the team stated they are increasing their confidence in "asynchronous interoperability based on zero-knowledge proofs (zk)," believing this will help build more secure cross-chain bridges and improve the native distribution capabilities of assets across Ethereum's multi-layered network. Currently, some cross-chain paths still suffer from latency issues, especially in the L2→L1 direction; in this context, the intents mechanism can serve as a transitional solution, while sufficient L1 liquidity also helps match cross-chain solvers. Meanwhile, the L1→L2 path is expected to significantly reduce confirmation latency through the Fast Confirmation Rule (FCR), and some clients have already begun integrating this mechanism. In terms of ecosystem discussions, PropAMMs (proposal-based AMMs) have recently become a focus of attention for many teams and researchers, primarily due to their potential optimization space between L1 execution efficiency and transaction building. Meanwhile, ENS is emphasized as a "critical infrastructure for Ethereum," and the team continues to communicate with relevant stakeholders to advance its development direction. Regarding team building, Ethlabs has received over 300 applications and has processed approximately 20%. The short-term goal is to expand to approximately 10 people, and the medium-term goal is to expand to approximately 20 people, focusing on recruiting talent with engineering capabilities and domain expertise. Regarding funding, Ethlabs stated that its current funding round is nearing completion and has secured early support from BitMNR, Sharplink, and Ethereum Joseph. The plan is to bring in 1-2 more core investors before moving to the next stage.
Consensys to split into MetaMask and institutional blockchain company
The restructuring will separate MetaMask’s consumer business from Consensys’ Ethereum protocols and institutional blockchain infrastructure operations.
Ethereum, Base wallet standards talks fail, Ethlabs researcher says
Ethereum and Base are pursuing different account abstraction designs after talks failed, according to Ethlabs researcher Derek Chiang.
Ethereum Institutional has launched a core team recruitment drive, focusing on institutional market development and technical positions.
According to Foresight News , Ethereum Institutional, a non-profit organization focused on Ethereum, is hiring to build its core team. The hiring focus in the coming weeks will be on technical roles such as General Market Development (GTM) in major financial centers, marketing and community engagement, and solutions architecture and technical project leadership. According to a previous report by Foresight News , Ethereum Institutional was officially established on July 1, positioned as an institutional-level unified entry point for the Ethereum ecosystem.
Ethereum Institutional Launches Core Team Recruitment
Odaily Odaily reports that Ethereum Institutional has announced the start of a core team recruitment drive, with a focus on recruiting for Institutional Business Development (Institutional GTM), Marketing and Community Operations, as well as technical positions such as Solution Architecture and Technical Project Leads in the coming weeks.
predict.fun Institutional-grade block trading function officially launched
According to official news from Mars Finance, the BNB ecosystem prediction market platform predict.fun has announced the launch of an institutional-grade bulk trading function. This function provides off-chain matching and on-chain settlement services for large-scale transactions on the platform, supporting institutional users in conducting large-scale prediction market transactions. Through a dedicated matching service, buyers and sellers can directly match counterparties to complete large orders in a single peer-to-peer (P2P) transaction, avoiding issues such as slippage, insufficient liquidity, and position exposure in traditional order book trading. It is understood that predict.fun will waive all over-the-counter (OTC) transaction-related fees for the next two weeks.