ZKasino Funds Return, FTX Payouts, and New Ethereum Improvement Proposal (EIP-7702)

GM anon ☕🐺

In today’s Alpha Bytes👇

$20 Million ETH Returns to ZKasino: Over $20 million in Ether has been returned to ZKasino's wallet, sparking hope for refunds three weeks after an alleged exit scam. The return of two-thirds of the stolen funds raises hopes about potential compensation for victims.

FTX Creditors to Receive Payments: An impressive 98% of FTX creditors are on track to receive at least 118% of their approved claims in cash, with disbursements expected within the next 60 days.

Vitalik Buterin's New Proposal: Vitalik Buterin and his collaborators have introduced EIP-7702 as an alternative to EIP-3074, aiming to enhance Ethereum's account abstraction. This proposal allows externally owned accounts (EOAs) to temporarily function as smart contract wallets for the duration of a transaction before reverting to their original state.

BTC $61,342 (-1.5%), ETH $2,981(-1.3%), SOL $144 (-2.70%)

Crypto News 📰 

• $20 million bridged ETH returns to ZKasino multisig, raising hopes of a refund 

• 98% of FTX creditors to receive at least 118% of allowed claims in cash within 60 days 

• Ethereum co-founder Vitalik Buterin proposes EIP-7702 to refine account abstraction

• Starknet to bring on AI agents that can carry out on-chain activities

• LD Capital, Antalpha Ventures, and Highblock announce launch of Hong Kong’s first $1 billion HKD ETF liquidity fund 

• SEC pushes back against Terraform Labs’ claims that fraud happened outside the United States 

• VanEck’s Market Vector launches $MEMECOIN index 

• Concerning negative reports of Neel Somani, Founder of Eclipse 

• Wintermute to provide liquidity for Hong Kong Bitcoin and Ether ETFs 

• Introducing Octane: An open-source, high-performance EVM framework 

• USDh: The first Bitcoin-backed yield-bearing synthetic dollar 

• Arcium: the first parallelized confidential computing network 

• NEAR Fast Finality Layer is live on Holesky 

• Inception and Genesis merge into InceptionLRT v2 

• Aragon co-founder announces self-custodial wallet Tuyo

• Binance denies reports of DWF Labs market manipulation 

• EU seeking stakeholder opinion on adding crypto to $12 trillion euro investment market 

• Harvest partnership to bring HK-listed crypto ETFs to Singapore 

• Hong Kong Authorities Expose Crypto Scam Featuring Deepfake Elon Musk 

• Crypto lending platform Nexo allocates $12 million for ecosystem initiatives  

• Near Protocol’s “darkness and sovereignty” posts raise suspicion of a hack 

• Crypto degens hungry for next big SocialFi breakthrough 

• Celsius (CEL) surges 360% following massive token burn 

• Trader loses over $1 million due to OL Network hard fork 

• Tether announces expansion into Eastern Europe 

Project Updates 👷‍♂️

• IseKaiMoney released docs, portal ends in 40 hours 

• ThetanutsFi announces launch of the $NUTS token 

• Prodigy_Sniper PSA on bot issue 

• Gm_dot_ai announces anotherus_ai

• Gearbox Protocol Introduces Friendly Leverage 

• Zora announces acquisition of MintDotFun

• Aveoxyz adds $IO pre-launch

• Zeta Markets announces community airdrops 

• SuiLendProtocol announces the introduction of a points system 

• An Introduction to Marginal 

• Introducing 3Jane

• Aethir is airdropping to the Azuki community 

• Gearbox update on points farming with leverage 

• Dodochain Mach AVS goes live on EigenLayer mainnet 

• Introducing the Ethernity Chain

• Succinct SP1 testnet release 

• Nebula testnet goes live 

• Optimism to roll out new Superchain features for Layer3 devs 

• Rwandan central bank greenlights ambitious retail CBDC project 

Interesting Threads🧵

• A thread on how the OLNetwork rugged users 

• A thread by 0xSisyphus on using pump.fun

• Variant Fund article about AI models 

• Unpacking the crypto x AI flywheel: Revolutionizing blockchain technology with intelligence 

• Pen down some thoughts

• A very simple explanation of MitosisOrg

• What is EIP-7702

• Founders Fund: Aggregation, Settlement, Execution 

• Luke Saunders: Insights on AI agents 

• Four Pillars: From Lido to an integrated Appchain - Neutron disagree

• A deep dive into Arweave AO 

• Structuring Blobspace Futures for Fun and Profit 

• How to raise the gas limit 

• The implications of EIP-3074 inclusion 

• Why EIP-4337 and EIP-3074 authors are disagreeing, and who got it right?

• How a decentralized AI movement is shaping a fairer future 

Launches 🚀

• Morpheus claims and TGE 

• Avail Project drop claim phase 2 

• Cupcake Protocol 

• Velodrome 

• Puffer mainnet 

Fundraise🤑

• Hemera Protocol (blockchain infrastructure) raises $2.6 million in a round led by Nomad Capital and Ling Feng Capital

• Electron Labs raises $1 million 

Airdrops🍀

• Gearbox Protocol leverage farming

That's all for today. We hope our crypto news helps you make informed decisions.

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