Welcome to the protocol, the weekly conclusion of Coindesk of the most important stories in the development of cryptocurrency technology. We are Margaux Nijkerk and Sam Kessler, Tech & Protocols de Coindesk team.
In this number:
- Sandeep Nailwal takes control of Polygon Foundation, New Course graphics, withdrawal zkevm
- Ethereum Foundation presents a new treasury policy with 15% Opex Cap
- Bitcoin Core 30 to increase Op_return’s data limit after the developer’s debate concludes
- Plume launches Mainnet Genesis to carry real world assets to defi
Network news
Sandeep Nailwal takes control of Polygon Foundation, withdrawal Zkevm: The co -founder of Polygon, Sandeep Nailwal, has officially assumed the role of CEO of the Polygon Foundation, marking an axis in the leadership composition of the organization and a broad review of the long -term route map of the network. Nailwal, who launched the project in 2017 when it was still called Matic Network, will consolidate control and reorient the team to Agglayer, the new liquidity protocol of the Polygon cross chain that promises perfect interoperability in the networks. The Foundation will also remove ZKEVM, the Polygon roll network. “This renewed control marks the beginning of a strategic impulse so that Polygon claims its position at the forefront of web3,” the team wrote in a press release shared with Coindesk – Marguax Nijkerk Read more.
The new treasury policy of the Ethereum Foundation: The Ethereum Foundation published an updated treasury policy, which describes a series of new plans around tokens sales, fiduciary purchases and transparency practices designed to guarantee the “agency, sustainability and long -term legitimacy of the organization.” The EF, a Swiss non -profit organization, plays a central role in the Ethereum blockchain ecosystem. In addition to using community researchers, builders and links, the Foundation received a great Ether Treasury (ETH) in Ethereum’s Genesis that it uses to finance its operations and support other projects in the ecosystem. In a blog post, the Foundation declared that it plans to appoint 15% of its treasure to operating expenses (“Opex”), with a 2.5 -year shock absorber at all times in its reserves. “We intend to reduce the annual OPEX approximately in the next five years, ending a 5% long -term baseline,” the Foundation wrote. “This policy reflects our conviction that it is likely that 2025-26 are fundamental for Ethereum, which guarantees an improved approach to critics.” – Margaux Nijkerk Read more.
Bitcoin Core 30 to increase the op_return data limit: Bitcoin Core developers, the main open source software to connect the block chain behind the largest cryptocurrency in the world, said the October 30 version will increase the default limit for OP_RETurn data transactions of the 80 current by almost 4MB, a limit imposed by the size of the Bitcoin block. The proposal for change, which was confirmed in an update on Github, had caused a debate within the Bitcoin community. Critics argued that eliminating the limit could foster greater arbitrary data, which could lead to network spam and a change in Bitcoin’s main function as a financial tool. – Sam Reynolds Read more.
Plume Mainnet goes lives: Plume, a blockchain network centered on real world assets, announced the launch of its highly anticipated Mainnet Genesis. Rwas has taken over the world of Blockchain, since they are seen as a market that could be worth billions with traditional financial institutions that constantly immerse themselves in cryptography. – Margaux Nijkerk Read more.
In other news
- Safe, the popular multi -party cryptographic wallet called Gnosis Safe, has launched a new development unit, Safe Labs, in a movement destined to consolidate its operations and sharpen its product roadmap after it was directed in the Hack of $ 1.4 billion February, the largest crypto cripo trick to date. Together with the change, Safe is building a more “stubborn” V2 of its platform aimed at business clients. – Sam Kessler Read more.
- Morpho, a cryptocurrency loan protocol without permission, presented an update that seeks to further align decentralized finances (DEFI) with traditional loans by bringing more on the path of the terms of predictable loans. Morpho V2 offers fixed -term loans already a fixed rate promoted by the market with customizable terms, previously invisible features in Defi, which are required to meet the demands of institutions and companies that seek to build or migrate financial products in the chain, Morpho said in a press release on Thursday. Ian Allison Read more.
Regulatory and political
- The United States Stock Exchange and Securities Commission is working on a policy to exempt decentralized finance (DEFI) platforms of regulatory barriers, said President Paul Atkins. Software developers who build tools defi do not have any business blamed for how they are used, ATKINS and other SEC Republicans held in the final of five cryptographic round tables that have been held at the agency since the leadership billing under President Donald Trump. The president said to a round table of the experts that he has addressed the SEC personnel to the changes to the agency’s changes. “ATKINS described that potential exéntive relief” an exemption of innovation “that would allow entities under the jurisdiction of the SEC bringing products and services in the chain to the market” with expedition “. – Jesse Hamilton Read more.
- The international unit of the owner of Alipay Ant Group plans to look for Stablecoin licenses in Hong Kong and Singapore, Bloomberg reported Thursday. ANT International will request a Stablecoin issuer license once the regulatory regime enters into force in August, according to the report, citing people familiar with the matter. The firm also plans to request a similar license in its native Singapore, as well as Luxembourg. – Jamie Crawley Read more.
Calendar
- June 8-22: Berlin Blockchain Week, Berlin
- June 24-26: Without permission, Brooklyn
- June 30 to July 3: Ethcc, Cannes
- July 16-18: Web3 Summit, Berlin
- September 22-28: Korea Bloquchain Week, Seoul
- October 1: Token2049, Singapore
- November 17-22: Devconnect, Buenos Aires
- December 11-13: Solana Breakpoint, Abu Dhabi
- February 10-12, 2026: Consensus, Hong Kong
- May 5, 2026: Consensus, Miami
