Glamsterdam Puts Ethereum Fork in Final Testing

Ethereum developers entered the final development phase for Glamsterdam, running devnets that include all planned Ethereum Improvement Proposals before public testnet deployment. The upgrade is expected in the second half of the year and is being described as Ethereum’s largest fork since the Merge by core developers.

Core developer Parithosh Jayanthi said teams have made major progress, with testing, specification finalization and community outreach now driving the work. Glamsterdam includes enshrined Proposer-Builder Separation, Block-level Access Lists and gas repricings that would reshape Ethereum’s execution, fee economics and scaling roadmap for developers soon.

Enshrined Proposer-Builder Separation would move block building and proposal separation into Ethereum’s core protocol, reducing offchain trust assumptions and centralization risks. Developers want the change to limit opportunities for MEV manipulation while making block production more transparent, enforceable and aligned with protocol-level fairness for validators.

Block-level Access Lists would let blocks declare which accounts and smart-contract data they plan to access before execution. Glamsterdam could help Ethereum clients preload information, accelerate processing and make execution more predictable, while gas repricings make compute cheaper and state more expensive for scaling systems.

Binance Says Greek MiCA Filing Passed Review

Binance said its Greek MiCA application remains compliant after Reuters reported that the Hellenic Capital Market Commission planned to reject it. The exchange said the regulator completed its review, found the filing compliant and told ESMA it intended to progress toward authorization at a coming board meeting.

Crypto firms must secure EU authorization by month-end to keep serving customers under MiCA rules. Binance chose Greece after months of speculation around Malta, set up a local holding company and said it spent 18 months pursuing the license through a comprehensive application process with regulators.

Kraken Opens US Perps After Bitnomial Deal

Kraken launched crypto perpetuals trading for US users on Kraken Pro after acquiring CFTC-licensed Bitnomial in May. The product offers continuous Bitcoin and Ethereum exposure without expiration, using funding rates to keep contract prices aligned with spot markets under regulated US derivatives oversight at home.

The launch follows CFTC approvals for Kalshi’s Bitcoin perp and Coinbase’s long-dated futures that mimic perpetuals. Kraken is scaling derivatives after buying NinjaTrader, while offshore exchanges such as Binance and Bybit still dominate global perps volume but are supposed to restrict US users from access.

Coinbase Plans 1:1 Tokenized US Stocks

Coinbase said it will launch 1:1 backed tokenized US stocks that users can buy, hold, trade, redeem and receive dividends from onchain. The exchange described them as real tokenized shares, not derivatives or IOUs, with additional details expected after the initial social post later.

The plan enters a crowded race involving Robinhood, Kraken, Binance, OKX, Hyperliquid, Lighter and Backpack. Tokenized equities promise 24/7 market access, but regulators are still weighing custody, redemption, shareholder rights and investor protections as stock markets move onto blockchain rails globally for investors now.

Data of the Day

PumpFun activity kept sliding on Solana, with its seven-day token graduation rate down 80% over three months to 0.26%. The launchpad’s revenue has averaged $800,000 per day in June, far below the $4.8 million daily pace from six months earlier across memecoin markets sector.

The decline has hit Solana fee revenue, which dropped to about 5,300 SOL per day from 33,000 SOL in January. Analysts said memecoin capital appears to be rotating toward perpetual trading on Hyperliquid, while PUMP itself is down 40% in six months overall.

More Breaking News

• Polymarket trader fishalive turned about $4 million into roughly $9 million after Cabo Verde forced Spain into a 0-0 World Cup draw, raising scrutiny.
• BlackRock launched BITA, a Bitcoin income ETF that sells calls on up to 35% of holdings for mid-to-high-teens yield and partial upside exposure monthly.
• Zimbabwe introduced crypto registration through its central bank intelligence unit, charging $500 initially and $400 yearly while making unregistered activity a prosecutable offense now.
• Robinhood will cut about 10% of staff, roughly 290 employees, while Vlad Tenev cites record June trading volumes and stronger companywide execution going forward.
• Capital B is developing a Bitcoin-backed credit instrument for Europe, targeting double-digit yields with volatility below two digits from its 3,139 BTC treasury.
• Pudgy Penguins will wind down Pudgy Party after more than 1 million downloads, shifting gaming resources toward its browser-based Pudgy World flagship product instead.
• Japan raised benchmark rates to about 1%, the highest since 1995, while Bitcoin held near $66,000 and crypto markets avoided forced selling pressure.

For the latest updates on digital asset markets, follow us on X @Datawalletcom.