The Protocol: Another Episode in the Layer-2 Teams Drama
We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”

Protocol Village: Coinbase Launches Passkey-Based 'Smart Wallet,' Alchemy Unveils 'Rollups,' Fleek Releases Testnet
The latest in blockchain tech upgrades, funding announcements and deals. For May 28- June 7.

Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.

Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
Sources close to the deal told CoinDesk that the company was valued at $30-50 million. The purchase means that Polygon Labs has invested over $1 billion on zero-knowledge research and acquisitions, the team shared in a press release.

Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending
Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.

Crypto Is a Core American Issue, Consensys’ Joe Lubin Says
The Ethereum co-founder discusses why his firm decided to sue the SEC on stage at Consensus 2024.

Protocol Village: Sentinel Releases Decentralized VPN App for Android, Says Apple iOS Support to Follow
The latest in blockchain tech upgrades, funding announcements and deals. For May 23-29. NOTE: Protocol Village will be on a limited publishing schedule May 24-June 2 as we cover CoinDesk's Consensus conference in Austin, Texas. Hope to see you there!

Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZK Rollups
ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2.

Ethereum Meme Coins PEPE, MOG Hit Lifetime Highs on Ether ETF Filing Approvals
Ether surged more than bitcoin over the weekend on renewed optimism for the second-largest cryptocurrency.

3 Questions About the SEC’s Abrupt ETH ETF Approval
Was the decision politically motivated? What does it mean for Ethereum going forward? Will other leading chains benefit too?
