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Crypto

Former Ethereum Foundation researchers launch Ethlabs backed by BitMine and SharpLink

Five former Ethereum Foundation researchers have set up a nonprofit research and development organisation, Ethlabs, to conduct Ethereum research aimed at shifting institutional investors onchain. CoinPost reported that BitMine and SharpLink are major backers. Ethlabs said its initial work will focus on conditions needed for large-scale institutional flows onchain, including faster settlement, native issuance, cross-chain transfers, mainnet throughput and Ethereum’s monetary characteristics.

Crypto

Ethereum developers top 1 million, quantum resilience and L2 integration seen as next tasks

The cumulative number of contributing developers in the Ethereum ecosystem has exceeded 1 million, reaching 1,012,824, with about 232,000 active over the past 12 months. Joseph Chalom, CEO of Nasdaq-listed SharpLink Gaming, said no other blockchain ecosystem has reached that scale. He cited Electric Capital data and highlighted upcoming priorities including the 2026 hard fork “Glamsterdam”, cross-rollup synchronous composability and post-quantum security efforts targeting a transition around 2029.

Crypto

BitMine buys another 127,000 ether, raises holdings to 4.59% of supply

BitMine Immersion Technologies has increased its ether holdings to 5,543,872 ETH, equivalent to 4.59% of total ether supply. The company bought about 127,000 ETH over the past week, moving closer to its goal of holding 5% of supply, which it calls “Alchemy of 5%.” It said 4.72 million ETH is staked and outlined expected annualised returns from staking. The firm also reported holdings of 204 bitcoin and $247 million in cash.