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The Mayor Of Chacao, Venezuela, Said The Earthquake Caused Casualties, But Did Not Disclose Specific Numbers
The Most Active Japanese Rubber Futures Contract Fell 2.00% On The Day, Currently Trading At 430.20 Yen Per Kilogram
Japan Purchased JPY 1,997 Billion Of Foreign Bonds In The Week Ended June 19, Compared To A Revised Figure Of JPY 3,825 Billion From The Previous Week (originally Reported As JPY 3,826 Billion)
The U.S. Geological Survey Predicts That The Earthquake In Venezuela Could Cause Significant Casualties And Widespread Damage
The US Tsunami Warning System Has Determined That The Venezuelan Earthquake No Longer Poses A Tsunami Threat
Japan Meteorological Agency: A 6.9-magnitude Earthquake Struck Off The Coast Of Iwate Prefecture, With A Maximum Intensity Of 6+
The European-Mediterranean Seismological Centre Reports A 6.9-magnitude Earthquake Off The East Coast Of Honshu, Japan
The U.S. Geological Survey Reports A 7.1-magnitude Earthquake In The Morón Region Of Venezuela
The China Earthquake Networks Center (CENC) Automatic Determination: An Earthquake Of Approximately Magnitude 6.7 Occurred Near Venezuela At 06:04 On June 25. The Final Result Is Subject To The Official Rapid Report
The U.S. Tsunami Warning System Issued A Tsunami Threat Warning Following An Earthquake Off The Coast Of Venezuela
GFZ (German Center For Geosciences): A 6.39-magnitude Earthquake Has Struck Off The Coast Of Venezuela
Trump Responds To Refusal To Sign Housing Bill: 'I Know Real Estate Better Than Anyone—Interest Rate Cuts Are Key'
NATO Secretary General Rutte: Allies Such As Germany Are Stepping Up Their Efforts To Increase Defense Spending
Nick Timiraos, Often Dubbed The 'Fed’s Megaphone': Some Forecasters Who Convert U.S. PPI And CPI Data Into May PCE Estimates Expect A Relatively Strong Reading For Core PCE, With A Significant Divergence From CPI. They Project That The Year-over-year Increase In Core PCE Will Reach 3.4% When Released On Thursday

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Ethereum core developers have officially named the network’s next upgrade after Glamsterdam as "Hegota," further defining the network’s 2026 development cycle as it continues its twice-a-year release cadence.
Hegota blends the execution layer’s "Bogota" upgrade, following the tradition of naming updates after Devcon host cities, with the consensus layer’s "Heze", named after a star. Developers said the headliner EIP for Hegota will not be selected until February, while work on Glamsterdam — Ethereum’s first scheduled upgrade of 2026 — continues.
The naming decision was made during the All Core Developers Execution (ACDE) call on Thursday, the final meeting of the year. ACDE calls are set to resume on Jan. 5, when developers aim to finalize Glamsterdam’s scope.
2026 release cycle
The naming comes at a moment when Ethereum’s upgrade process is settling into its intended rhythm.
With Pectra and Fusaka shipped in 2025, the network has effectively begun its twice-annual upgrade schedule. The approach intends to make improvements more iterative, predictable, and narrowly scoped, reducing the need for rare, sweeping overhauls.
Based on the established cadence, Glamsterdam would likely land in the first half of 2026, with Hegota following later in the year.
While Hegota itself remains in early planning, its eventual upgrade is expected to draw from long-running roadmap goals and any overflow items deferred from Glamsterdam. Particularly, Verkle Trees — a prerequisite for fully stateless clients — have been frequently cited as a candidate for inclusion in one of the 2026 hard forks. However, no formal selection has been made.
Other areas under discussion include state and history expiry mechanisms and additional execution-layer optimizations. Notably, state expiry conversations may garner more attention following a recent batch of proposals from the Ethereum Foundation.
As The Block previously reported, the EF’s Stateless Consensus team warned that state bloat — the steady expansion of Ethereum’s stored data — is becoming a growing burden for node operators.
Glamsterdam focuses on Layer 1 efficiency and builder decentralization
Meanwhile, developers continue to refine Glamsterdam’s hard fork. Proposals still under consideration include enshrined proposer-builder separation, or ePBS, intended to curb centralization in block building; block-level access lists, which aim to reduce state access bottlenecks; and gas repricings to better align EVM costs with resource usage.
More complex changes, such as reducing slot times, have already been pushed to later cycles. Any items that prove too ambitious for the timeline may roll into Hegota, with final decisions expected once calls resume in the new year.
A roadmap that stretches beyond 2026
Hegota's reveal also situates Ethereum within its broader, multi-phase technical roadmap. Back in September 2022, developers executed the first part of this path, dubbed The Merge, which transitioned Ethereum from a proof-of-work blockchain to a proof-of-stake network.
The following components have been framed as The Surge, The Verge, The Purge, and The Splurge.
The Surge focuses on achieving massive rollup-driven scaling. Fusaka advanced this goal through PeerDAS and expanded blob capacity, while Glamsterdam aims to improve Layer 1 performance further to better support rising rollup activity without creating new centralization pressures.
Next, The Verge centers on statelessness and light-client verification. Potential Verkle integration in Hegota aligns directly with this phase by reducing node storage requirements and enabling broader network participation. Later phases — The Purge and The Splurge — address historical cleanup and long-term protocol simplification.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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