Week in Ethereum News, August 10, 2024

Week in Ethereum News for August 10, 2024 is a weekly roundup of Ethereum developments, covering Pectra upgrade testing, client diversity, security incidents and regulatory news. The newsletter reports that Pectra-devnet-2 had a few client issues and tested recovery from non-finality, and that the Pectra (Prague + Electra) upgrade is likely targeting Q1 2025. On centralization, Lido is at 28.8%, which the newsletter describes as too close to the 33.3% threshold, and Geth holds a ~55% execution layer majority. It also reports a $12M Ronin bridge exploit, with funds since returned, and that the SEC loses to Ripple, with the judge setting the fine at $125M against the $2B the SEC had asked for.