Web3 Industry Weekly Report: Highlights from Week 3 of May 2025
Technology Headlines
1. The 157th Ethereum Consensus Layer Core Developer Meeting Summary: Fusaka Development Network Expected to Launch on May 26
According to Jinse Finance, the 157th Ethereum Consensus Layer Core Developer Meeting (ACDC) has been held, with the following major updates:
The Pectra upgrade has been successfully completed. Core developer Trent summarized the technical feedback from different teams, stating that “Pectra Pages” is still open for community input. Pari is currently conducting an analysis report after increasing blob data.
Regarding Fusaka: The peerdas-devnet-7 has been running stably. The client team is focusing on developing BPO support, with the goal of launching fusaka-devnet-0 on May 26, which will cover EIPs related to PeerDAS, BPO, and MODEXP gas cost improvements.
Discussions on validator custody-related specifications are simultaneously taking place on Discord.
https://ethereum-magicians.org/t/all-core-devs-consensus-acdc-157-may-15-2025/23980/5
2. JD.com Launches RWA Layout, Exploring Connection Between Stablecoins and Digital Renminbi
On May 12, it was reported by Zero One Think Tank that JD Technology Group has recently posted multiple job openings related to RWA (Real World Asset) on BOSS Direct Recruitment, marking its official entry into the tokenization of real-world assets. The strategic focus is on new energy assets, with clear requirements for system design to support integration with stablecoins and digital renminbi. JD has also entered the Hong Kong stablecoin sandbox and was among the first tech companies to participate in the mainland digital renminbi pilot, potentially becoming the first case to connect RWA with digital renminbi interactions.
https://mp.weixin.qq.com/s/ghPpPvhwrrY1G1GB4vRKlw
3. GoPlus Analysis Alert: Chorus One Oracle Private Key Leak, Lido DAO Issues Emergency Voting Notice
According to Jinse Finance, web3 security service provider GoPlus issued a warning on its X platform that Lido DAO has released an emergency voting announcement due to the discovery of a private key leak for the Chorus One oracle on May 10. A hacker transferred funds from the affected address.
A Lido contributor had set a low balance alert for the address, triggering the alert when the hacker stole funds, allowing for immediate monitoring and prevention of further losses.
https://x.com/GoPlusZH/status/1921575367229219177
4. Tether to Launch AI Development Platform QVAC
According to Jinse Finance, Tether has announced the upcoming launch of QVAC (QuantumVerse Automatic Computer), an infinite intelligence development platform designed for both humans and machines. It will allow highly scalable AI applications and agents to run directly on local devices without relying on centralized services and cloud infrastructure, protecting users from corporate access to private data.
Industry Dynamics
1. ai16z Founder: Autonomous Agent Launched, Fully Controls User's Computer
On May 12, ai16z founder Shaw tweeted that he has launched an autonomous agent called “autonomous-starter,” allowing users to build an agent that fully controls their computer through GitHub code. Although the project is intriguing, it is deemed “useless” and has complete access to all computer content, requiring cautious use.
https://x.com/shawmakesmagic/status/1921663179555279029
2. Vitalik Proposes New “Partial Stateless Node” Scheme to Optimize Scaling Roadmap
According to Jinse Finance, Vitalik Buterin released a proposal on May 19 to adjust Ethereum's scaling roadmap, focusing on introducing the concept of “partial stateless nodes.” This aims to balance network scalability with node decentralization. The scheme allows users to run nodes that only store partial state data while maintaining trustlessness, anti-censorship, and privacy-friendly local access.
The proposal prioritizes the full deployment of EIP-4444, reducing the data storage period for nodes to about 36 days, significantly lowering disk space requirements. It also suggests building a distributed historical storage solution and adjusting gas pricing mechanisms to raise storage costs while lowering execution costs.
This adjustment aims to ensure the feasibility of personal nodes operating even with a 10-100x increase in L1 gas limits while maintaining Ethereum's decentralized network characteristics.
https://ethresear.ch/t/a-local-node-favoring-delta-to-the-scaling-roadmap/22368
3. Dubai Signs Agreement with Crypto.com to Enable Public Service Crypto Payments
According to Jinse Finance, Dubai has signed a landmark agreement with Crypto.com, making it one of the first governments globally to comprehensively enable public service payments in cryptocurrency.
https://flash.jin10.com/detail/20250513032002123800
4. ZKsync Foundation Executive Director: ZKsync is Now the Second Largest RWA Chain, After Ethereum
According to Jinse Finance, Marco, the executive director of the ZKsync Foundation, disclosed on the X platform that ZKsync has become the second-largest RWA chain, holding over 18% market share, currently reaching 18.69% (surpassing Solana, Aptos, Polygon, and others). The total value of RWA ecological protocols stands at approximately $2.2399 billion, second only to Ethereum, which holds 58.63% of the RWA market share with a total value of about $7.0266 billion.
https://x.com/Be1garat/status/1923731810581991792
In-Depth Analysis
1. RWA Boom: A Critical Reflection – Chaos or Opportunity?
The recent rise in RWA has been a common topic in various conferences. This article analyzes the current situation and future outlook of RWA from perspectives including demand background, development history, existing players, and future opportunities.
Disclaimer: The information provided in this document is based on publicly available market data and industry trends, and is for reference only. Please note that this information does not constitute any form of investment advice or recommendation, nor should it be considered as the basis for buying or selling any financial products or services. In case of any translation errors in English, inaccuracies, or situations requiring further clarification, please contact us through 'Contact Us' so that we can verify and make necessary corrections in a timely manner.
About ZAN
As a technology brand of Ant Digital Technologies for Web3 products and services, ZAN provides rich and reliable services for business innovations and a development platform for Web3 endeavors.
The ZAN product family includes ZAN Node Service, ZAN PowerZebra (zk acceleration), ZAN Identity (Know your customers and clients), ZAN Smart Contract Review, with more products in the pipeline.