The Protocol: ETH’s Fusaka Upgrade Goes Live on Hoodi, Mainnet Next

Network News - Ethereum's Fusaka upgrade has completed its final test on the Hoodi testnet, preparing for the mainnet hard-fork activation, aimed at enhancing scalability and cost-efficiency [1] - The Fusaka upgrade introduces PeerDAS, allowing validators to check segments of data instead of full "blobs," which reduces bandwidth demands and costs for users and institutions [1] Bitcoin Lending Innovations - BOB has launched a Bitcoin Vault Liquidation Engine, enabling bitcoin holders to borrow stablecoins against their BTC while keeping it secured on the Bitcoin network [2] - This new framework addresses challenges in bitcoin lending, such as all-or-nothing liquidations and lengthy settlement times, by allowing partial liquidation of collateral [2] - The innovation aims to unlock trillions in BTC liquidity for the decentralized finance (DeFi) ecosystem without requiring holders to sell their assets [2]