About
ZK
Ended--
Last price (USDT)
890.97K
24h total (USDT)
3.05M
Total vol (USDT)
2024-05-22 09:00:00 ~ 2024-06-17 07:30:00
Trading time (UTC+0)
2024-06-17 12:00:00
Delivery time (UTC+0)
Total supply13.76B
Resources
Introduction
ZKsync is an ever expanding verifiable blockchain network, secured by math.
AAVE & ZKSYNC Are Just Hype, Zero Knowledge Proof’s World First ICA Could be Start of a 1000x Run
Sponsored Post Disclaimer: This publication was produced under a paid arrangement with a third-party advertiser. It should not be relied upon as financial or investment counsel. While market speculation fixates on the volatile Aave (AAVE) price forecast and the narrative-driven ZkSync (ZKSYNC) price rise, a deeper structural issue persists. The mechanisms for launching new assets remain fraught with insider advantages, technical failures, and prohibitive gas wars. What if the fundamental problem of fair distribution was solved not by hype, but by mathematics? Points Cover In This Article: Toggle Zero Knowledge Proof’s ICA: A New Standard for Token Launches Aave (AAVE) Price Forecast and Strong Fundamentals Understanding the Recent ZkSync (ZKSYNC) Price Rise A New Blueprint for the Next Most Popular Cryptocurrency This is the premise behind Zero Knowledge Proof (ZKP) , a fully built project whose design answers that question with cryptographic elegance. It sidesteps the usual presale chaos by implementing a daily proportional auction. This mechanism, where fairness is mathematically enforced and token distribution is immediate, eliminating bots, manual claims, and waiting periods, presents a structural challenge to the status quo, offering a potential blueprint for what the most popular cryptocurrency launch should look like. Zero Knowledge Proof’s ICA: A New Standard for Token Launches Traditional token presales are often frustrating, defined by gas wars, racing against bots, and failed transactions. Zero Knowledge Proof (ZKP) introduces a completely different model designed for fairness. It uses a daily 24-hour auction system. This approach removes the chaos, allowing anyone to participate without the typical technical hurdles. It’s a mechanism built on mathematical transparency rather than speed. Here’s how it functions: Every 24 hours, a new auction window opens, distributing 200 million Zero Knowledge Proof (ZKP) coins. You can contribute using wallets like MetaMask or Trust Wallet and over 20 cryptocurrencies (including ETH, USDC, and BNB). Participation is capped between $50 and $50,000 to prevent whale dominance. When the window closes, distribution is automatic and proportional. If you contribute 1% of the total pool, you receive 1% of the 200 million coins. This could be the standard for the next most popular cryptocurrency. And after the auctions, the Zero Knowledge Proof (ZKP) coins instantly appear in your dashboard, no manual claiming required. This immediate, verifiable system sets a new bar for fairness, one that many hope the next most popular cryptocurrency will adopt. The project itself is fully built and ready for its launch. Aave (AAVE) Price Forecast and Strong Fundamentals Aave (AAVE) is demonstrating significant market strength, currently trading within a solid corridor of $208 to $224. The token’s momentum is clear, backed by a 24-hour jump of over 4.6% and impressive weekly gains that have reached 8%. While the short-term technical outlook appears varied, a more powerful long-term “Buy” signal reportedly flashed on November 11. This has added considerable weight to an already exciting Aave (AAVE) price forecast, suggesting a strong undercurrent of investor confidence that goes beyond daily fluctuations. The driving force behind this bullishness is Aave’s exceptional on-chain performance, which is breaking records. The protocol is reportedly generating over $3 million in weekly revenue as total deposits have surged past an incredible $56 billion. Furthermore, this isn’t just confined to traditional DeFi. Aave’s “Project Horizon,” its Real-World Asset (RWA) market, has also achieved a major milestone, crossing the $450 million mark. This robust fundamental backing is precisely why analysts are now discussing a potential “2x breakout,” setting a bullish Aave (AAVE) price forecast with ambitious targets as high as $450. Understanding the Recent ZkSync (ZKSYNC) Price Rise ZkSync (ZKSYNC) experienced a massive surge in early November, with gains reportedly flying over 150%. This was far from random, driven by huge fundamental developments that captured investor excitement. A new tokenomics proposal, centered on buying back and burning tokens, was a major catalyst. This was amplified by praise from Ethereum’s Vitalik Buterin, who called ZkSync’s tech “underrated.” Coupled with the “Atlas” upgrade targeting 15,000 TPS and growing interest from major banks, the ZkSync (ZKSYNC) price rise became one of the month’s biggest stories. Following such a dramatic run, the token has entered a natural cool-off period. As of November 12, the price has corrected by approximately 7.3% as early traders secure their profits. While the long-term drivers that sparked the rally remain firmly in place, all eyes are now on the immediate short-term. A large token unlock of 173 million ZK is scheduled for November 17. This is a critical event to watch, as the new supply could create significant sell pressure and heavily impact the next phase for the ZkSync (ZKSYNC) price rise. A New Blueprint for the Next Most Popular Cryptocurrency The market is clearly energized. A bullish Aave (AAVE) price forecast rests on record-high revenues, while the recent ZkSync (ZKSYNC) price rise highlighted the power of strong technical upgrades. These projects show the rewards available from both established and emerging protocols, painting a picture of a vibrant and active crypto space. But for all this excitement, the launch process itself has remained a problem, until now. Zero Knowledge Proof (ZKP) offers a solution with its daily auction model. By ensuring proportional, bot-free distribution with instant token delivery, it’s not just launching a new asset; it’s providing a fair and verifiable system that could become the standard for the next most popular cryptocurrency. Find Out More about Zero Knowledge Proof: Disclaimer: The text above is an advertorial article that is not part of CoinLineup editorial content.
ZK Casino Begins Gradual Refunds Months After $33M Collapse
Quick Breakdown Approximately 35% of affected wallets have received partial refunds, with additional batches expected to follow. The collapse affected over 10,000 users, resulting in losses estimated at $33 million. Full recovery remains uncertain due to legal and liquidity constraints. Refunds resume after a long silence ZK Casino has re-emerged with a new update after months of inactivity, confirming that it has begun partial repayments to users affected by its widely criticized collapse. The project’s anonymous founder, known as Derivatives Monke, shared the announcement on X on November 10. We have just processed ~35% of all ETH withdrawal requests for @ZKasino_io bridgers (approx 2500/8000 addresses). If you are among these ~35%, you will find your ETH either on: – zkSync Lite: simply connect your regular EVM account and it should be… — Derivatives Monke (@Derivatives_Ape) November 9, 2025 According to the update, approximately 35% of wallets that bridged ETH to the platform have now received refunds, which were processed through zkSync Lite and zkSync Era. The founder added that further batches are scheduled for the coming week, and some users may receive additional compensation depending on the final balance assessments. However, users seeking large withdrawals will be required to undergo identity verification, which the founder attributed to legal compliance measures. Background of the collapse ZK Casino launched in April 2024 with a model promising users yield for bridging ETH to a supposed layer-2 environment while still allowing withdrawals at any time. Instead, user deposits were converted into vested ZKAS tokens, while the underlying ETH was staked on Lido. The move resulted in losses estimated at over $33 million, affecting more than 10,000 users. The project was heavily criticized across the crypto sector, with Ethereum co-founder Vitalik Buterin questioning the platform’s claim of using zero-knowledge technology. Subsequent on-chain analysis suggested links to previous fraudulent schemes. Dutch authorities later made several arrests , but only a limited portion of the funds was recovered. A 26-year-old individual was arrested by the Fiscal Information and Investigation Service (FIOD) on April 29. Ongoing recovery and skepticism The founder stated that another 40% of refunds may be processed next week, potentially raising total repayments to about 75% of affected accounts. Even with renewed progress, the timeline for complete recovery remains unclear. The outcome depends on remaining on-chain assets, legal negotiations, and liquidity conditions. Many victims remain cautious, citing the lack of third-party oversight and the project’s initial deception. Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
ZK Casino begins partial repayments in long-running $33M rug pull case
ZK Casino has resurfaced with an unexpected update after months of silence surrounding its collapsed project. Summary 35% of affected users have now received refunds. Another wave of payouts may bring that to 75% next week. Full recovery remains unclear after more than a year of disputes. ZK Casino is moving forward with slow, partial repayments in one of crypto’s most drawn-out collapse disputes. The update was shared by the project’s anonymous founder, known as Derivatives Monke, on X on Nov. 10. The founder said about 35% of addresses that bridged Ethereum ( ETH ) to the platform have now received refunds on either zkSync Lite or zkSync Era, with more batches expected next week. The amounts are still being adjusted, and some users may receive added interest depending on how final balances are calculated. Larger withdrawals will require identity checks, which the founder said is due to legal requirements. We have just processed ~35% of all ETH withdrawal requests for @ZKasino_io bridgers (approx 2500/8000 addresses). If you are among these ~35%, you will find your ETH either on: – zkSync Lite: https://t.co/t3mQyR3KQ1 simply connect your regular EVM account and it should be… https://t.co/krNESLUqQ0 — Derivatives Monke (@Derivatives_Ape) November 9, 2025 The scam that unfolded ZK Casino launched in April 2024 with a pitch that users could bridge ETH into its layer-2 chain, earn yield, and withdraw their original ETH at any time. Instead of processing refunds, the project converted those deposits into vested ZKAS tokens and staked the ETH on Lido. More than 10,000 users were affected, and losses were estimated at around $33 million. The project drew heavy criticism from across the crypto community, including from Ethereum’s Vitalik Buterin, who disputed its claims that it used zero-knowledge technology at all. On-chain researchers later connected the team to earlier scams, and Dutch authorities made multiple arrests during the initial fallout, though only a small share of funds was recovered at that time. The refund process now The current refund progress offers some relief, but it does not signal a full resolution. Only around one-third of users have received their funds so far, and the founder said the team is working with multiple parties to complete the remaining payouts. The update suggested that another 40% of refunds may be processed next week, which would bring total payouts to about 75% of all affected wallets. However, the timeline remains uncertain, and final recoveries may depend on liquidity conditions, legal pressure, and how remaining on-chain assets are handled. Many affected users remain skeptical, noting the long delays and the lack of third-party oversight.
Ethereum Platform Hosts First Live Tokenized Fund Transaction by Swiss Banking Titan
Key Points UBS has completed the world’s first live, in-production tokenized fund transaction. The transaction involved uMINT, a tokenized money market fund operating on the Ethereum blockchain. UBS, the Swiss banking giant, has made history by successfully executing the world’s first live, in-production tokenized fund transaction. This transaction was carried out end-to-end, involving subscription and redemption requests for a tokenized money market fund, marking a significant step in the institutional adoption of blockchain-based financial products. Details of the Transaction The transaction involved the UBS USD Money Market Investment Fund Token, also known as uMINT, which operates on the Ethereum blockchain. DigiFT, an on-chain fund distributor, played a crucial role in the transaction, utilizing the Chainlink Digital Transfer Agent technical standard to handle the fund operations. Both subscription and redemption requests were processed through this automated system. The Chainlink DTA standard integrates several technologies, including Chainlink Runtime Environment, Cross-Chain Interoperability Protocol, Automated Compliance Engine, and NAVLink. These components allow Chainlink’s oracle network to automate fund lifecycle operations such as order processing, execution, settlement, and data synchronization between on-chain and off-chain systems. The standard supports three settlement models: Offchain, Local Onchain, and Cross-chain Onchain. The Chainlink CCIP integration has been deployed across multiple blockchain applications in 2025. UBS and Tokenization UBS developed this capability through its UBS Tokenize service, which also focuses on tokenizing bonds and structured products. The bank currently manages $6.9 trillion in invested assets as of the third quarter of 2025 and operates as the leading universal bank in Switzerland and a principal global wealth manager. This transaction is a continuation of UBS’s work with Chainlink under the Monetary Authority of Singapore’s Project Guardian initiative. Earlier in 2025, UBS tested on zkSync for its Key4 Gold service proof-of-concept. This transaction represents UBS’s first live deployment of tokenized fund operations on a public blockchain. DigiFT processed the subscription and redemption orders using the DTA standard’s automated compliance and settlement features. The system handled order taking, execution, and final settlement without manual intervention. Despite the recent volatility in Chainlink (LINK) price, the growing institutional adoption of its infrastructure is evident.
The GENIUS Act’s $250M battle begins now: Bitcoin stands as the last bastion against censorship
The GENIUS Act became law on July 18 after Congress settled that stablecoins should be regulated. What happens next is a two-year rulemaking war that determines whether $250 billion in existing stablecoins flows into bank-wrapped structures or fragments into offshore silos, and whether Bitcoin and Ethereum capture the fallout or get buried under it. Justin Slaughter, Paradigm’s VP of regulatory affairs, stated on Nov. 6: “Little known fact—after the legislation is enacted, the real battle begins.” His firm just filed comments on the Treasury’s advance notice of proposed rulemaking. The central fight is whether affiliates of stablecoin issuers pay yield to holders through separate products, and Congress already decided they can. Yet, Treasury might try to rewrite that. The ability to offer yield via wrappers is where the next battle will take place. If regulators win, stablecoins become neutered bank products. If the industry wins, they compete with banks on rates. Although the law is done, the rules are not. And the rules decide everything. When compliance becomes mandatory GENIUS builds a perimeter over three years, then locks the gates. The framework takes effect on Jan. 18, 2027, or 120 days after the final regulations are published, whichever comes first. Federal agencies have one year from enactment to issue those regulations. A three-year grace period expires July 18, 2028. After that, US exchanges, custodians, and most DeFi front ends cannot offer “payment stablecoins” unless a permitted payment stablecoin issuer or a Treasury-blessed foreign equivalent issues them. Issuers under $10 billion can use approved state regimes, while larger issuers must migrate into the federal track. Foreign issuers need “comparable regime” determinations, OCC registration, and US-held reserves. This timeline means that regulators will publish the rulebook by early 2027. By mid-2028, anyone touching US customers will either comply or exit. What “into banks” actually means GENIUS defines a protected category called “payment stablecoins” and restricts US distribution to coins issued by permitted issuers. Those issuers must be bank subsidiaries, federally licensed nonbanks supervised by the OCC, or state-qualified entities under tight federal oversight. Reserves must be held in cash, bank deposits, or T-bills, with no rehypothecation allowed. Disclosures submissions are made monthly, and issuers must be compliant with full prudential supervision, as well as BSA/AML compliance. The coins are pulled into a banking-style regulatory perimeter without being called banks. For the $304 billion stablecoin market, this creates a fork. US-touching liquidity migrates into bank-like wrappers, while everything else gets fenced off. Offshore issuers can exist globally, but US platforms will drop them to avoid liability. There is $300 billion at stake, split between entities that meet federal standards and those that do not. The rulemaking fight: yield, definitions, and scope Slaughter’s comment zeroes in on affiliate yield. GENIUS prohibits issuers from paying interest but says nothing about affiliates doing so. Paradigm argues that banning affiliate yield would violate the statute’s plain language. This matters because, if affiliates can pay competitive rates, users get high-yield savings accounts with instant settlement. That creates pressure on banks actually to return interest. If regulators block affiliate yield, stablecoins become worse than bank deposits, with a full compliance burden, but no upside. Other battlegrounds include the definition of the term “digital asset service provider” and whether DeFi protocols are exempt from statutory carve-outs, as well as what constitutes a “comparable regime” for foreign issuers. Regulators could implement GENIUS as written or twist it into bank protectionism that chokes anything not wearing a federal charter. Winners and losers Large US banks and quasi-bank stablecoin issuers emerge as winners. GENIUS creates the first clear federal pathway for regulated institutions to issue dollar tokens with preemption over state rules. Circle, Paxos, and PayPal rush to secure permitted issuer status. The expectation is that major banks will launch tokenized deposits and move directly onto public blockchains, rather than staying behind with ACH. The US dollar and Treasury market also win. GENIUS mandates one-to-one backing in T-bills, making every compliant stablecoin effectively a mini T-bill fund. If this scales into the trillions, it deepens global demand for US debt. Ethereum and layer-2 blockchains capture settlement infrastructure. US-regulated issuers overwhelmingly choose mature EVM environments. According to rwa.xyz, Ethereum, zkSync, and Polygon have the largest participations on the real-world asset (RWA) market, amounting to $15.7 billion (44%). Ethereum becomes the neutral rail for bank-grade dollar tokens, gaining fee flow and legitimacy as “regulated plumbing.” A large, compliant tier of DeFi builds on permitted stablecoins, coexisting with the permissionless global layer. On the other hand, offshore issuers lose US distribution. After mid-2028, US platforms will not be able to offer any “payment stablecoin” that is not issued by a permitted issuer. Tether and similar players can serve non-US customers but lose seamless integration with Coinbase, Kraken, or major US venues. Smaller or experimental issuers get crushed. Algorithmic stablecoins, undercollateralized experiments, and thinly capitalized startups either pivot into niche markets or shut down. As a result, DeFi faces a split. GENIUS exempts underlying protocols and self-custody, but rulemaking will define what counts as “offering” to US persons. If regulators stretch definitions, large parts of DeFi either filter to permitted-stablecoin-only pools for US traffic or drift into geofenced offshore silos. How flows reroute The first phase, from now to mid-2026, is characterized as a positioning period. Issuers and banks lobby over eligible reserves, foreign comparability, affiliate yield, and definitions. Draft rules circulate, and industry war-games compliance paths. The second phase, spanning 2026 and 2027, is when regulatory sorting takes place. Final rules are released, early approvals are granted to large, compliant entities, and names are revealed. US platforms migrate volume toward “soon-to-be permitted” coins, while noncompliant issuers file, geo-fence US users, or lean into offshore venues. The third phase, spanning from 2027 to 2028, is the hardening of routes. US-facing exchanges, brokers, and many DeFi front ends primarily list permitted stablecoins, with potential for deeper liquidity on Ethereum and layer-2 blockchains. Noncompliant stablecoins persist on offshore exchanges and gray-market DeFi but lose connectivity to fully regulated US rails. The expected result is a larger share of “crypto dollars” becoming fully reserved, supervised, KYC’d, and sitting inside or adjacent to bank balance sheets. On-chain settlement starts to look less like a pirate market and more like Fedwire with APIs. Stage Date / Window Key Action Lead Agencies & Milestones Passage (GENIUS Act becomes law) July 18, 2025 GENIUS Act (Public Law 119–27) signed. Establishes “permitted payment stablecoin issuer” regime, bans yield on payment stablecoins, sets 3-year distribution clock, and hardwires the effective date as the earlier of (i) 18 months after enactment or (ii) 120 days after final regs by primary regulators. Treasury + “primary Federal payment stablecoin regulators” (Fed, OCC, FDIC, NCUA) are formally tasked with building the rulebook (Section 13). ANPRM – Implementation Kickoff Sept 19, 2025 Treasury issues Advance Notice of Proposed Rulemaking (ANPRM) on GENIUS Act implementation. It asks detailed questions on issuer eligibility, reserves, foreign/comparable regimes, illicit finance, tax, insurance, and data—this is the opening shot in defining how strict or flexible GENIUS will be. Treasury leads docket TREAS-DO-2025-0037 and signals coordination with Fed, OCC, FDIC, NCUA, and state regulators. Those agencies begin internal workstreams (FSOC/FDIC/NCUA speeches flag GENIUS implementation as a priority). Proposed Rules (NPRMs) Expected 1H 2026 Next step: Treasury plus each primary regulator publish proposed rules (NPRMs) translating GENIUS into concrete requirements: licensing standards for PPSIs, capital/liquidity, reserve composition, examinations, foreign issuer “comparability,” and conditions for digital asset service providers. These must come early enough to finalize within the statutory one-year rulemaking window. Statute (Sec. 13) requires Treasury, Fed, OCC, FDIC, NCUA, and state regulators to “promulgate regulations” within 1 year of enactment → practical pressure to get NPRMs out in early 2026 so finals can land by July 18, 2026. This is the core battleground Justin Slaughter & others are pointing to. Final Rules Statutory deadline: by July 18, 2026 Final regulations by the “primary Federal payment stablecoin regulators” + Treasury lock in who can be a PPSI, how reserves work, supervision expectations, and how foreign and state regimes are recognized. These final rules also start the 120-day clock that can accelerate GENIUS’s effective date. Fed, OCC, FDIC, NCUA each finalize regs for issuers under their jurisdiction; Treasury finalizes cross-cutting rules (safe harbors, comparability, illicit finance). Collectively, these rules are what can start the effective-date countdown under Sec. 20. Earliest GENIUS Effective Date Earlier of: (a) Jan 18, 2027 (18 months after enactment), or (b) 120 days after final regs GENIUS framework (and amendments) “turn on” at whichever comes first. If regulators slip on final rules, the 18-month mark (Jan 18, 2027) becomes the default effective date. If they move fast and finalize early, the 120-day rule can pull the effective date forward. Practically: this is the pivot point your article should highlight—when stablecoin issuance and U.S.-facing distribution must begin lining up with PPSI rules, and when markets start rerouting toward bank-like, GENIUS-compliant What it means for Bitcoin and Ethereum For Bitcoin, GENIUS is a narrative tailwind. As stablecoins become more bank-like and subject to regulation by US authorities, Bitcoin stands out as the censorship-resistant asset that remains outside this perimeter. Short-term liquidity is fine, as permitted stablecoins will be everywhere US-regulated BTC venues are. If noncompliant stablecoins shrink, some high-friction flows will pivot to BTC pairs. In the long term, GENIUS domesticates the dollar side of crypto, making Bitcoin the cleanest way to step outside the new perimeter. For Ethereum, GENIUS potentially brings a new level of scale if things remain as they are today. Permitted issuers prefer EVM chains with mature infrastructure and deep DeFi capabilities. That is structurally supportive of ETH as gas and settlement infrastructure for regulated stablecoin payments and tokenized assets. As a result, a two-tiered DeFi ecosystem might emerge. One tier consists of permissioned, GENIUS-compliant pools with institutional capital, and permissionless global pools hosting any coin. Censorship risk exists in this tier, but that increases the value of credible neutrality at the protocol level. The other tier is formed by bank-grade, trillion-scale dollar tokens settling on Ethereum, making blockspace a valuable infrastructure. The fight is over the rules. Treasury, the Fed, and the OCC write them between now and mid-2026. By 2027, the market learns what GENIUS actually built. By 2028, capital will flow into banks, onto Ethereum, or offshore. The post The GENIUS Act’s $250M battle begins now: Bitcoin stands as the last bastion against censorship appeared first on CryptoSlate.
Vitalik Buterin hails a new milestone in Ethereum's rise
Summarize this article with: ChatGPT Perplexity Grok Ethereum has just reached a spectacular milestone in scalability. On November 4, 2025, the network recorded a record throughput of 3,453 transactions per second, shattering its usual performance. Vitalik Buterin, co-founder of the blockchain, was quick to praise this major advance. But does this technical feat finally signal the end of the congestion problems that have long hampered the network? Read us on Google News En bref Ethereum reached an all-time high of 3,453 transactions per second on November 4, 2025, at 2:37 p.m. UTC. Vitalik Buterin immediately took to social media to congratulate this breakthrough in scalability. Layer 2 solutions such as Arbitrum, Optimism, and Base are playing a key role in this surge. PeerDAS technology, identified by Buterin as “crucial,” is expected to further amplify these capabilities in the coming months. Ethereum breaks a historic speed record with 3,453 TPS On November 4, 2025, at 14:37 UTC, Ethereum shattered its speed ceiling by reaching 3,453 transactions per second. A figure that is dizzying when you know that Ethereum’s layer 1 usually processes between 15 and 30 TPS under normal conditions. Vitalik Buterin was quick to react, posting a terse but eloquent message: “Ethereum levels up.” This performance is no accident. It results from years of effort to address Ethereum’s main Achilles’ heel: network congestion during high demand periods. Layer 2 solutions, notably Arbitrum, Optimism, Base, and zkSync, now play a central role in this scaling. By offloading a massive part of transactions from the main blockchain, these protocols allow the combined Ethereum ecosystem to process thousands of operations simultaneously. This record comes at a strategic moment. Financial institutions, companies, and even some states are closely watching blockchain technical capabilities before considering their mass adoption. Ethereum thus demonstrates that it can compete with traditional payment systems in terms of speed while preserving the benefits of decentralization. PeerDAS, the secret weapon to go even further Buterin does not intend to stop here. The Ethereum co-founder recently identified PeerDAS (Peer Data Availability Sampling) as “the missing link” to propel the network to new heights. This technology, integrated into the Fusaka upgrade scheduled for December 2025, revolutionizes how nodes manage data. Specifically, PeerDAS allows validators to verify the existence of a block without downloading the entire information. They use data samples which they reconstruct using erasure coding. Result: storage load drastically decreases for each node, which increases the overall capacity of the network without sacrificing decentralization. Buterin also praised zkSync Atlas, which he considers “underestimated and valuable,” while reaffirming that “incorruptibility” remains the fundamental property of a robust blockchain. These statements testify to a coherent vision: building a system capable of absorbing exponential demand while staying true to the principles of neutrality and resilience that founded Ethereum. ETHUSDT chart by TradingView A global ambition that is finally materializing This TPS record is not just a figure to celebrate. It represents concrete validation of Ethereum’s strategy against its competitors. While other blockchains prioritize raw speed at the expense of decentralization, Ethereum proves it is possible to combine performance and principles. The network’s ambitious roadmap, with the Pectra, Fusaka, and Glamsterdam upgrades, outlines the shape of an infrastructure capable of supporting tomorrow’s global finance. Banks, investment funds and states considering asset tokenization or stablecoin issuance now have a credible technical platform. Ethereum no longer just promises: it demonstrates.
Mevolaxy Launches Mobile App and Announces Record Payouts
November 4th, 2025 – Los Angeles, USA class=”ql-align-justify”> Mevolaxy , a US-based mevstake platform, has released an intuitive mobile app to provide an easy solution for users who prefer managing their assets on the go. Additionally, the company announced that the latest investor payouts have set another record after the one set in June. These two developments highlight Mevolaxy’s commitment to providing maximum user convenience as part of its community-centric approach. Mevolaxy specializes in developing MEV bots and subsequently using them within the Mevstake system. Mevstake is the platform’s proprietary technology that locks in the user’s staking terms for the whole duration of their deposit. It can help users to better navigate market volatility and network changes. The Mevstake system allows users to contribute funds to a network-wide bot liquidity pool and receive a share of the potential profits. This makes tools previously available only to major traders accessible to a broad audience. The recent launch of the Mevolaxy mobile app means users can now access mevstake easily, even when away from their computers. The application is now available on the App Store. Early users already praised its speed, intuitive interface, and modern design. The app allows tracking accruals and statistics in real time, making interaction with the platform even more convenient. Mevolaxy also announced the latest investor payouts, totaling approximately $3.6 million. This figure represents a new record for the company, surpassing the $3 million in payouts set in June 2025. Company representatives noted that the growing payouts are a testament to the sustainability of their model and the trust of their users. About Mevolaxy Mevolaxy is a fintech company that seeks to expose users to blockchain-based earnings through advanced MEV strategies. The platform’s flagship product, the mevstake technology, aims to break down barriers and make MEV accessible to all users, regardless of their experience with cryptocurrencies. The Mevolaxy team consists of blockchain infrastructure developers, financial analysts, cybersecurity engineers, DeFi specialists, marketers, and product managers. The company’s engineers have many years of experience working with high-load systems and advanced blockchain technologies from Ethereum, Solana, Arbitrum, zkSync, and other networks. Users can use the Mevolaxy app to access advanced staking tools securely and without complicated settings or hidden fees. More about Mevolaxy here .
Ethereum: The Fusaka Update Scheduled for December 3
Summarize this article with: ChatGPT Perplexity Grok For several months, Ethereum has not been moving quietly: it is sprinting. After the Dencun blobs, the promises of Pectra, here comes Fusaka to shake things up. And the timing is not coincidental. In an increasingly competitive blockchain ecosystem where Solana, Celestia, and zkSync are moving their pieces, Ethereum no longer has the luxury of slowness. Stay number one or suffer silent relegation? Fusaka, scheduled for December 3, could provide a clear answer. Read us on Google News In Brief Fusaka will be activated on December 3 after validated tests on three separate testnets. PeerDAS will allow validators to sample data faster and at a lower cost. The gas limit will increase from 30 to 150 million, amplifying network processing power. Two blob doubling stages are planned on December 9 and January 7. PeerDAS: Ethereum’s Secret Weapon to Master Layer 2s Engineers have been awaiting it since February, testnets approved it in October, and Vitalik Buterin talks about it as a revolution. PeerDAS (EIP-7594), a central element of the Fusaka update, will transform how Ethereum manages data on its layer 2s. Specifically, PeerDAS introduces a more efficient data sampling mechanism, allowing validators to read only a fraction of the blob data temporarily stored on the main layer. The result: a lighter network, near-zero fees, and a speed that recalls the forgotten promises of web3. During the latest All Core Devs call , Alex Stokes, lead developer, stated that “the people I’ve talked to in the community are very enthusiastic… It’s really something very important.” Initially scheduled for the Pectra upgrade, PeerDAS was postponed to avoid false starts. Fusaka will therefore benefit from several months of audits and tests on the Holesky, Sepolia, and Hoodi testnets. A cautious but necessary strategy: PeerDAS is now seen as the keystone of Ethereum’s scalability. Scalability, Security, and Growth: What Fusaka Really Changes for the Blockchain Fusaka is not limited to PeerDAS. It consists of a dozen proposals (EIPs) voted to take Ethereum to the next level. Among them, one in particular is likely to make noise: the increase of the gas limit from 30 to 150 million per block. This measure will considerably expand the network’s processing capacity while preparing the ground for a future increase in the number of blobs. Just after December 3, two other technical milestones are set: December 9 and January 7, where the number of blobs allowed per block will double in stages. All this while ensuring full backward compatibility of the network. Pressure is also mounting on the markets. With ETH at 3,837 dollars at the time of writing, traders oscillate between caution and excitement. On Myriad, forecasts lean 61% towards crossing 4,500 dollars, against 39% for a drop below 3,100. The Fusaka effect? Maybe. The previous Pectra saw ETH jump by 29%. What to Remember in Numbers and Facts Key date: Fusaka will be deployed on the Ethereum mainnet on December 3, 2025; Flagship mechanism: PeerDAS will enable validating layer 2 data by sampling only a small portion of the blobs; Blob boost: Two blob number extensions are planned for December 9 and January 7; Gas Limit x5: Increasing to 150 million gas units marks a historic leap for the chain; ETH price : Currently at $3,837, with moderate bullish expectations in the short term. Upon closer examination, Fusaka is not just a chapter, it is a strategic turning point. Along with Pectra before it, it forms a diptych that could rewrite Ethereum’s fate . By strengthening scalability, smoothing access to layer 2s, and maintaining its technological lead, the original blockchain offers itself a rejuvenation. Time will tell if that will be enough to save it from the Kodak syndrome in the web3 era.
Will Fusaka keep users on L2? Upcoming Ethereum upgrade eyes up to 60% fee cuts
The next major Ethereum upgrade, called Fusaka, a hybrid of “Fulu” (consensus) and “Osaka” (execution), will modify how the network handles data and fees without altering the primary user experience. Beneath the surface, it’s a statement of direction: Ethereum’s main chain is staying the final settlement and data-availability hub, while everyday activity continues to flow outward onto cheaper, faster rollups. The open question, which is whether Fusaka will bring users back to Layer 1, already has its answer. It won’t. It will make Layer 2 even harder to leave. Inside Fusaka: scaling the plumbing, smoothing the ride The technical backbone of Fusaka centers on data availability, sampling, and blob management, which is Ethereum’s approach to making Layer 2 posting cheaper and more efficient. The headline proposal, EIP-7594 (PeerDAS), lets nodes sample only fragments of rollup data, called “blobs”, instead of downloading everything. That unlocks higher blob capacity and drastically lowers bandwidth costs for validators, a prerequisite for scaling L2 throughput. Then comes EIP-7892, introducing “Blob Parameter-Only” forks, or BPOs, a mechanism to gradually increase the number of blobs per block (for instance, from 10 to 14, or 15 to 21) without rewriting the protocol. This effectively lets developers tune Ethereum’s data capacity without waiting for complete upgrades. EIP-7918 sets a base-fee floor for blobs, ensuring the auction price for data space doesn’t collapse to near zero during low demand. The rest of the bundle focuses on user experience and safety. EIP-7951 adds support for secp256r1, the cryptographic curve used in WebAuthn, making passkey logins possible across Ethereum wallets. EIP-7917 introduces deterministic proposer look-ahead, a small but significant change that helps pre-confirmation systems predict who will produce the next block, enabling faster transaction assurance. Meanwhile, EIP-7825 caps transaction gas to prevent denial-of-service risks, and EIP-7935 adjusts default block gas targets to maintain validator stability. These upgrades are already live on testnets like Holesky and Sepolia, with a mainnet activation expected in early December. Why Fusaka matters for fees and the rollup economy For users, Fusaka doesn’t promise cheaper Layer 1 gas. It’s built to lower Layer 2 fees. By allowing rollups to post more data at lower cost, the upgrade improves the economics for networks like Arbitrum, Optimism, Base, and zkSync. Internal modeling suggests that rollup fees could fall between 15% and 40% under typical conditions, possibly even up to 60% if blob supply outpaces demand for an extended period. On the Ethereum mainnet, gas prices may remain roughly flat, although future adjustments to block gas targets could reduce them by another 10-20%. The passkey and proposer updates, however, could make a difference in how Ethereum feels to use. With WebAuthn support, wallets can integrate biometric or device-based logins, removing the friction of seed phrases and passwords. With pre-confirmations enabled by predictable proposer schedules, users can expect near-instant confirmations for routine transactions, especially on rollups. The net result is that Ethereum becomes smoother to use without pulling anyone back to L1. The rails get faster, but they’re still pointed toward the rollup lane. L1 as settlement, L2 as experience Ethereum’s architecture is no longer a debate between monolithic and modular design: it’s modular by choice. Layer 1’s purpose is to serve as the high-security settlement and data availability base, while actual user activity is moved to Layer 2. Fusaka reinforces this split. When blob capacity increases, L2s can handle higher throughput for games, social apps, and micro-transactions that would be uneconomical on mainnet. The improvements to login and confirmation workflows make these L2 environments feel native and instantaneous, erasing much of the UX gap that once favored L1. Where might users still choose Layer 1? In narrow cases, it involves high-value settlements, institution-scale transfers, or situations where block-ordering precision is crucial, such as miner extractable value (MEV) management or DeFi clearing. But those scenarios represent a small fraction of total on-chain activity. For the rest, L2 remains the natural home. The bigger narrative: Ethereum as a layered internet Viewed from above, Fusaka is less about gas optimization and more about maturity. It gives Ethereum a scalable framework for adjusting data capacity (BPOs) without disruptive forks, and a UX layer that makes Web3 feel more like Web2. Yet its philosophy is clear: the network isn’t trying to centralize traffic on mainnet. It’s building an expressway system where rollups handle local traffic, and L1 serves as the courthouse where everything eventually gets notarized. There’s also a monetary layer to the story. Cheaper data posting could drive a wave of new low-value applications, like social, payments, and gaming, back into rollups. Each of these still consumes ETH through blob fees, and with EIP-7918’s fee floor, those fees contribute to ETH burn. Ethereum’s burn rate could even tick higher if activity expands faster than fees decline, despite cheaper user costs. On the validator side, PeerDAS lightens the load on bandwidth but may create a new reliance on “supernodes” that store full blob data. That’s a decentralization trade-off the community will continue to debate: how to scale data availability without narrowing participation. The balance Ethereum is striking here, between throughput, usability, and trust, mirrors the broader direction of crypto infrastructure. L1s are hardening into secure bases, while L2s absorb experimentation and scale. The takeaway Fusaka isn’t a bid to reclaim the spotlight for the Ethereum mainnet. It’s the opposite: a deliberate move to strengthen the foundations for a rollup-centric future. The upgrade expands data capacity, stabilizes fees, and modernizes wallet experience, but it does so in service of the layers above. Ethereum’s L1 becomes safer and smarter, while users continue to live on L2s that now run cheaper and faster than before. By the time BPO1 and BPO2 roll out early next year, the real signals to watch will be blob utilization versus capacity, L2 fee compression, and wallet adoption of passkeys. The outcome will define how frictionless Ethereum feels in 2026, not by pulling people back to the main chain, but by making the off-ramps almost invisible. The post Will Fusaka keep users on L2? Upcoming Ethereum upgrade eyes up to 60% fee cuts appeared first on CryptoSlate.
Bitcoin will start a new growth cycle in 5 days—retail investors are fearful, while institutions are quietly positioning themselves!
In the past few weeks, the crypto market has experienced a dramatic correction, and most retail investors believe the bull market is over. However, after I spent 18 consecutive hours analyzing on-chain and macro data, I found that this is merely the prelude to the next super cycle. 1. Beneath the Surface of Fear Lies a Historic Opportunity When 99% of traders are panicking, exiting, or waiting on the sidelines, a true tidal wave is brewing in the shadows—the largest Altseason in history is about to begin. The market is sending out multiple synchronized signals, and whether you can understand these signals within 5 days will determine if you can seize the next leap in wealth. 2. Signal One: Institutional Funds Are Flowing Back In Bitcoin ETF is not just present—it is continuously absorbing billions of dollars in capital inflows. This is not retail buying, but long-term allocation by the world’s largest funds. Institutional capital never chases highs— they only quietly build unshakable positions at the bottom and in chaos. 3. Signal Two: The Halving Effect Is Being Realized The halving has already occurred, and new BTC output has dropped by half. Sudden supply reduction + steadily growing demand = inevitable price increase. This is the simplest and most ruthless arithmetic in the blockchain world. All upward cycles are ultimately built on this “mathematical inevitability of scarcity.” 4. Signal Three: Political and Policy Shifts For the first time, there is a public crypto-friendly wave in US politics. Presidential candidates and members of Congress are supporting industry innovation and regulatory relaxation. This means the crypto industry is receiving “top-down” institutional protection for the first time. Capital and innovation will no longer be restricted, but will fully enter a stage of compliant growth. 5. Signal Four: L2 Ecosystem Rapidly Evolving Arbitrum, Optimism, zkSync, Polygon and other layer 2 networks are undergoing qualitative changes in performance, cost, and user experience. Millions of developers and new users are flowing in, which means the real demand of the Ethereum ecosystem is exploding, not just speculative bubbles. 6. Signal Five: Macro Environment Boosts Risk Assets Global inflation is slowing, and the Federal Reserve is about to cut interest rates. Historical experience tells us: every round of easing is accompanied by a surge in risk assets. When the market seeks new high-yield channels, cryptocurrencies will once again become the core battleground for capital competition. 7. Signal Six: Development and Innovation Have Never Stopped Even during downturns, developers continue to build: AI tokens, GameFi 2.0, RWA (real-world assets on-chain) and other new tracks are emerging one after another. This shows that the underlying value of the market remains active, and the foundation for future growth is being accumulated. Conclusion: All macro, on-chain, and policy signals are converging to the same conclusion: Bitcoin will start a new growth cycle within the next 5 days. The fear of retail investors is the entry signal for institutions; the silence of the market is the last gasp before an explosion. You can choose to keep waiting, or you can be that 1%— position yourself early and rationally, and embrace the next decade’s wealth cycle.
Ethereum Foundation launches institutional portal to boost enterprise adoption
“Ethereum for Institutions” helps businesses integrate with the Ether ecosystem. The new platform showcases Ethereum’s role in DeFi, L2 scaling, and RWAs. ETH eyes rebounds as whales accumulate. The Ethereum Foundation has announced a new website, Ethereum for Institutions, designed to guide businesses on how to operate on-chain. Unveiled today, October 29, the site aims to supercharge Ethereum adoption among top companies. The official announcement reads: Ethereum is the neutral, secure base layer where the world’s financial value is coming on-chain. Today, we’re launching a new site for the builders, leaders, and institutions advancing this global movement. The foundations Enterprise Acceleration team created the new website to present a clear framework for firms interested in building and investing in the second-largest cryptocurrency. New resource: A hub with live ecosystem data, sector overviews, and primary sources for institutions exploring Ethereum. pic.twitter.com/I4qJG90lUb — Ethereum (@ethereum) October 29, 2025 Ethereum for Institutions offers case studies, resources, and access to industry leaders shaping the next phase of DeFi. Scaling Ethereum for enterprise utility Scalability has been among the primary challenges in Ethereum’s push for institutional-grade adoption. Meanwhile, its L2 ecosystem, comprising projects like Arbitrum, zkSync, Base, and Optimism, is addressing that. The foundation revealed that Layer2s secure more than $50 billion in value. The team said: With $50B+ in total value secured, L2s provide the high-throughput, low-cost execution needed for global-scale applications – from payments to tokenization. These platforms have gained traction for offering low costs and high throughput essential for enterprise-level utility, including real-world assets tokenization, trading, and payments. Notably, the new website features a comprehensive L2 segment showcasing how these solutions are enabling cheaper and faster transactions while leveraging Ethereum’s robust security. Layer 2 platforms offer the infrastructure for businesses navigating decentralized finance, stablecoins, or tokenization. Ethereum transforms the on-chain economy Ethereum’s new institutional website is beyond a documentation hub. It welcomes the next phase of digital finance. It lowers entry barriers for traditional institutional navigating on-chain finance by organizing data around key sectors like DeFi, staking, restaking networks, RWAs, and DeFi. It builds on the Ethereum vision, serving as a neutral, composable, and public infrastructure that supports financial innovation. The blockchain continues to merge TradFi and DeFi, leveraging an ecosystem of thriving developers, high-end privacy tools, and scalability through L2 platforms. With more institutions embracing blockchain through ETFs and digital assets strategies, Ethereum’s institutional portal offers a lucrative entry point. The website connects global businesses with the foundation blocks of the digital economy. ETH price outlook: whales are buying The largest altcoin by market value is trading at $3,971 following an over 3% decline in the past 24 hours. Its bearish trajectory mirrors the broader sector. CoinMarketcap data shows the value of all digital currencies declined by 3% the previous 24 hours to $3.76 trillion. Nevertheless, Lookonchain data shows large-scale investors are buying the dip. Bitime’s new wallets have received 33,948 ETH tokens, worth approximately $135 million, from Falcon X today. Whales keep buying $ETH ! 2 newly created wallets(likely belonging to #Bitmine ) just received 33,948 $ETH ($135M) from #FalconX . — Lookonchain (@lookonchain) October 29, 2025 That reveals conviction in Ethereum’s possible rebounds in the coming sessions.
APT price soars as BlackRock’s BUIDL fund expands to Aptos
BlackRock deploys $500M BUIDL fund on the Aptos blockchain. Jump Crypto launches Shelby, boosting Aptos’ enterprise appeal. Aptos price has rebounded, testing the key $3.50 resistance level. The APT price is showing renewed strength as Aptos gains major institutional backing from global giants like BlackRock and Jump Crypto. After dipping to a yearly low earlier this month, Aptos has staged an impressive comeback, fueled by real-world asset tokenisation and enterprise-grade innovation across its ecosystem. Institutional backing revives Aptos’ momentum Aptos has outperformed a sluggish crypto market , gaining around 5% in the past 24 hours to trade near $3.32. This sharp rebound follows BlackRock’s expansion of its Digital Liquidity Fund (BUIDL) to the Aptos blockchain, a move that has injected $500 million worth of tokenised Treasuries into the network. 🚨 $500M more of @BlackRock 's BUIDL just landed on Aptos. This pushes Aptos back into the Top 3 in RWAs, with $1.2B+ tokenized assets on-chain. And now, we're #2 in BUIDL adoption. Institutions are choosing Aptos, the chain to move what matters. pic.twitter.com/vT3jfZYmPb — Aptos (@Aptos) October 21, 2025 The deployment of BUIDL has pushed Aptos into the top tier of real-world asset (RWA) blockchains, sitting just behind Ethereum and zkSync Era. Data shows that more than $1.2 billion in RWAs are now tokenised on Aptos, a milestone that marks growing trust from traditional finance. Notably, BlackRock’s involvement brings not only prestige but also liquidity and credibility to the network. Jump Crypto’s Shelby adds more fuel In parallel, Jump Crypto has launched Shelby, a decentralised, high-performance storage layer developed in collaboration with Aptos Labs. Storage is the missing layer. Blockchains run fast. Oracles work. Messages move across chains. But without high performance storage, real execution stays centralized. We're building Shelby with @AptosLabs to fix that. https://t.co/VFtuFRQp4P — Jump Crypto 🔥💃🏻 (@jump_) October 21, 2025 Designed to rival traditional cloud providers such as AWS and Google Cloud, Shelby enables sub-second latency, low-cost reads and writes, and improved scalability. Its architecture reduces redundancy while maintaining high data durability through erasure coding. The new system could become a backbone for decentralised applications that require real-time data access and high-speed processing. By combining Aptos’s parallel execution engine and Move programming language with Shelby’s efficient data design, the two firms aim to create infrastructure suited for enterprise and AI-driven decentralised finance (DeFi). This blend of performance and programmability is helping Aptos carve a niche in a crowded Layer-1 field. APT price outlook: eyes on key resistance levels As institutional adoption accelerates and on-chain liquidity grows, the Aptos price could continue to benefit from renewed investor confidence. While short-term volatility remains, the network’s long-term fundamentals appear stronger than ever — anchored by innovation, partnerships, and a clear path toward real-world integration. The Aptos price is currently testing resistance near $3.50 after rebounding from a recent low of $2.22. Technical indicators show mixed signals, with moving averages flashing multiple sell alerts, although oscillators remain neutral. The Relative Strength Index (RSI) hovers around 34, suggesting mild accumulation. If APT breaks above $3.50, it could extend gains toward $3.85. However, failure to maintain current momentum could see the token slip toward $3.00 or even retest its earlier lows. Analysts like Michaël van de Poppe have noted that APT remains at one of its lowest valuations in years, hinting at potential upside if broader market sentiment improves.
Scroll DAO Pauses All Governance Activities Following Multiple Leadership Resignations and Internal Disagreements
Scroll DAO pauses operations after leaders resign, raising questions about future governance and decision-making. Key proposals are on hold as the community waits for clear direction from the remaining Scroll DAO leadership. Despite the governance pause, Scroll’s ecosystem continues to grow with stable token performance and new partnerships. Scroll DAO has paused its operations after key leaders resigned, raising concerns across the community. The decision was confirmed following a delegate call on September 10. DAO delegate Olimpio announced the pause on social media. The move came after the resignation of Eugene Chen, a key leader within the organization. According to Scroll DAO delegate Olimpio, Scroll DAO governance will be paused, several members of the DAO leadership have resigned, and the organization is in disarray. Although Scroll co-founder Haichen stated that they are "redesigning governance," the future path remains… — Wu Blockchain (@WuBlockchain) September 11, 2025 Chen’s exit followed internal disagreements over the direction of governance. His departure sparked broader uncertainty around the future of the DAO. The timing has left several key governance proposals in limbo. These proposals included treasury management plans and council formation. Governance Uncertainty Increases Community Concerns Scroll DAO was originally designed to support decentralized decision-making for the Scroll Layer 2 project. Token holders were given the ability to vote on decisions. However, the recent leadership changes have disrupted that structure. Community members have raised questions over transparency and communication. Some delegates reported confusion over which proposals remain active. Others pointed to a lack of clarity around decision-making authority during the pause. Internal discussions revealed that leadership preferred to describe the pause as temporary. No strict adherence to a schedule or follow-up. The change of the governance model is under discussion. In May, the market performance of Scroll (SCR) indicated that it might soon experience a turning point in its pricing trends after multiple weeks of decreasing sales. However, A breakout would have signalled a reversal and fuelled up to 150% price growth. Proposals and Council Plans Remain Unresolved Several governance proposals were still under review when the pause was announced. These included a council formation process and contributor recognition plans. A treasury management request and a timelock test were also under discussion. Delegates debated whether these proposals should move forward. However, without active leadership, decision-making is stalled. Community representatives asked for more time to reassess the situation. The council initiative, launched on August 15, had offered paid seats to manage grants and regional nodes. That program now faces an uncertain future. Many within the DAO remain unsure about whether the structure will return in its current form. Scroll Ecosystem Continues Development Amid Pause Despite governance issues, Scroll’s broader development efforts remain active. On September 8, Scroll partnered with Makinafi to expand decentralized finance options. The partnership will deliver stablecoin vault strategies for enterprise and retail users. More than $185 million remains locked in corporate vaults on Scroll. This signals continued demand for its zkEVM infrastructure. The SCR token has been relatively stable with a slight increment in the past 24 hours. In May, Ethereum Layer 2 technology, projects like zkSync , and Scroll were taking key roles in enhancing blockchain scalability and efficiency, as well as blockchain decentralized governance. According to CoinMarketCap, Scroll, a zkEVM-based Layer 2 solution, focuses on scalability and security. Still, the pause highlights ongoing challenges in decentralized governance models. Leadership changes and unclear communication have left the community waiting for direction. Until more details are shared, the future of Scroll DAO remains uncertain.
DigiFT, Chainlink, & UBS team up to automate tokenized fund operations in Hong Kong
DigiFT, Chainlink, and UBS are teaming up to automate the management of tokenized funds in Hong Kong. Summary DigiFT will collect investor orders through regulated smart contracts and validate the infrastructure. UBS will provide the tokenized funds and smart contracts that hold and manage the assets. Chainlink will execute fund operations such as issuance, redemption, and lifecycle management across blockchains using its DTA framework. DigiFT, a licensed exchange for institutional-grade tokenized assets, has teamed up with Chainlink ( LINK ), the industry-standard oracle platform, and UBS Tokenize, UBS’s in-house tokenization service, to build a blockchain-based system for managing tokenized funds . The new platform will automate key fund operations—including subscriptions, redemptions, and lifecycle management—using smart contracts, helping to reduce manual errors and unlock significant cost savings in the global asset management industry ($132 trillion). In the project’s workflow, investors will submit orders for UBS’s tokenized products through DigiFT ’s regulated smart contracts. Chainlink’s Digital Transfer Agent framework will then process these orders and trigger the corresponding issuance, redemption, or other fund management actions on UBS’s tokenized fund contracts, all recorded securely on-chain. The DTA framework connects across any blockchain, not just the one UBS uses, while DigiFT is validating the infrastructure and providing commercial feedback to ensure compliance, scalability, and interoperability for Hong Kong’s financial institutions. This project is part of Hong Kong’s Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme , an initiative by Hong Kong’s Cyberport aimed at accelerating the development and real-world application of blockchain and Web3 technologies. Under this program, eligible entities can apply for subsidies covering up to 80% of project costs, with a maximum grant of HK$500,000 per project, disbursed in two installments. “Hong Kong is rapidly emerging as a leading center for regulated digital assets, and our project’s selection under the Blockchain & Digital Asset Pilot Subsidy Scheme reflects DigiFT’s commitment to building long-term infrastructure in the city,” said Kevin Loo, Hong Kong CEO of DigiFT. Apart from its initiative with DigiFT and UBS, Chainlink is emerging as a leading infrastructure for automating fund operations and providing secure, verifiable on-chain data. Earlier this year, Libre Capital adopted Chainlink’s standards, including the Cross-Chain Interoperability Protocol and Proof of Reserve, to tokenize funds offering exposure to investments from BlackRock and Laser Digital. Additionally, Chainlink’s DTA framework has been used in other institutional initiatives, like Fidelity International’s partnership with Sygnum to bring NAV data on-chain for its $6.9 billion Institutional Liquidity Fund on the zkSync blockchain.
Venus Protocol Pauses Operations After $13,5 Million Loss in Attack
Venus user loses $13,5 million to phishing DeFi Protocol Paused for Security Investigations Smart contract remains intact, according to developers Venus Protocol, a decentralized lending platform, temporarily suspended its operations after one of its largest users lost approximately $13,5 million in a suspected phishing attack. According to blockchain security firms, the victim signed a transaction that granted token approvals to a malicious address, allowing the attacker to drain the funds. In an official statement, the team said it is investigating the incident. "We are aware of the suspicious transaction and are actively investigating," the team wrote on X. "Venus is currently paused following security protocols." Security firm PeckShield noted that the address "0x7fd...6202a" was authorized by the victim, enabling the transfer of assets. CertiK added that the user's wallet had called the updateDelegate function, approving the attacker before the funds were diverted. #PeckShieldAlert Correction The loss for the phished @VenusProtocol user is ~$13.5M. Initial estimates were higher as we did not exclude the debt position. https://t.co/k6JDDLOrP1 pic.twitter.com/3Wx8ufpvic —PeckShieldAlert (@PeckShieldAlert) September 2, 2025 Project moderators reinforced in Telegram messages that the protocol itself was not exploited. "To clarify, the Venus Protocol was NOT exploited. A user was attacked. The smart contract is secure," the official X account posted, amid speculation that the flaw had affected the platform. To clarify, Venus Protocol has NOT been exploited. A user has been attacked. Smart contracts are safe. https://t.co/ijgelbgVQE — Venus Protocol (@VenusProtocol) September 2, 2025 Launched in 2020, Venus Protocol has become one of the leading DeFi markets on the BNB Chain, with expansions also on Ethereum, Arbitrum, Optimism, opBNB, and zkSync. The platform allows for collateralization, borrowing, and minting of the VAI stablecoin, with governance controlled by the XVS token. The asset fell by up to 9% after the announcement but subsequently recovered slightly. Experts point out that phishing attacks remain a recurring threat in the cryptocurrency sector. A CertiK report shows that, in the first half of 2025 alone, these scams accounted for US$410 million in losses across 132 recorded incidents. Hacken estimated that phishing and social engineering schemes resulted in up to US$600 million in losses in the same period. The episode highlights the importance of safeguards against malicious approvals in DeFi protocols, where inadvertently granted permissions can be exploited by attackers to irreversibly move assets. Tags: Venus Protocol
Venus Protocol pauses after user loses funds in suspected phishing attack
A large user of Venus Protocol, a decentralized finance lender, was drained of about $13.5 million after apparently signing a malicious transaction that granted token approvals to an attacker, blockchain security firms said on Tuesday. Responding to the incident, Venus has paused its platform pending an investigation. “We are aware of the suspicious transaction and are actively investigating,” the team wrote on X. “Venus is currently paused following security protocols.” PeckShield said the victim “approved a malicious transaction,” allowing address “0x7fd…6202a” to transfer assets out of the wallet. CertiK added that the wallet had called an updateDelegate function to approve the attacker before funds were siphoned, sharing a transaction record on BNB Chain. Also, Venus Protocol moderators told users in a Telegram message that the protocol itself “remains untouched,” though engineers are double-checking to be sure. "To clarify, Venus Protocol has NOT been exploited. A user has been attacked. Smart contract is safe," the project's X account shared amid speculation that the platform itself was exploited. Launched in 2020, Venus Protocol is a decentralized lending market best known for its deployment on BNB Chain and additional rollouts on Ethereum, opBNB, Arbitrum, Optimism, and zkSync. It lets users supply collateral, borrow assets, and mint the VAI stablecoin, with governance via the XVS token. XVS fell as much as 9% amid the issue, before slightly recovering as of writing, Tradingview data shows. Venus XVS token falls after a phishing scammer exploits a user. Image: TradingView The suspected attack vector echoes a common issue in DeFi failure. Phishing scammers trick users into signing token approvals that let third parties move assets. Once granted, those allowances can be used to drain funds until permissions are revoked. According to blockchain security firm CertiK's mid-year report , phishing attacks accounted for $410 million in losses from crypto users in the first half of 2025 across 132 incidents. A separate report from Hacken , another Web3 security firm, estimates $600 million in losses specifically from phishing and social engineering schemes during the same period.
Ethereum’s Strategic Funding Shift: A Blueprint for Long-Term Resilience and Innovation
The Ethereum Foundation’s pivot to a curated grant model in 2025 marks a pivotal shift in how the blockchain ecosystem prioritizes innovation and institutional alignment. By pausing open applications under its Ecosystem Support Program (ESP) and redirecting resources to high-impact projects, the foundation is signaling a commitment to long-term resilience, technical robustness, and scalable infrastructure. This strategic reallocation—from open grants to targeted investments in layer-1 (L1) scalability, interoperability, and developer tooling—has already yielded measurable improvements in network efficiency and institutional adoption, positioning Ethereum as a cornerstone of the decentralized economy. Strategic Focus: Infrastructure, Interoperability, and Scalability The curated grant model prioritizes projects that align with Ethereum’s technical roadmap, such as zero-knowledge (ZK) cryptography, gas optimization, and consensus layer upgrades. For instance, Q1 2025 saw $32.6 million allocated to initiatives like the Pectra and Fusaka upgrades, which reduced gas fees by 53% and enabled stateless clients, respectively [1]. These advancements directly address Ethereum’s scalability challenges, making it more viable for decentralized finance (DeFi) and real-world asset (RWA) tokenization. Interoperability is another key focus. The Ethereum Interoperability Layer (EIL) and Open Intents Framework aim to streamline cross-chain interactions, reducing fragmentation and enhancing composability [4]. By fostering seamless integration with Layer-2 solutions like zkSync and StarkNet, Ethereum is reinforcing its leadership in privacy-preserving, scalable infrastructure [7]. Institutional Adoption and Fiscal Discipline The foundation’s strategic shift has also bolstered institutional confidence. Ethereum-backed treasuries now exceed $17.6 billion, driven by staking yields of 3–14% and the May 2025 Pectra upgrade, which optimized staking efficiency by increasing the maximum effective balance of validators to 2,048 ETH [3]. This has created a supply vacuum, with 30% of Ethereum’s total supply staked, tightening liquidity and supporting price appreciation. Fiscal discipline further strengthens institutional trust. The foundation plans to reduce annual treasury spending from 15% to 5% by 2029, ensuring long-term sustainability while maintaining capital efficiency [6]. This approach contrasts with competitors like Solana and Polkadot , which prioritize speed or parachain-driven architectures over foundational infrastructure [4]. Academic Research and Global Collaboration The Ethereum Foundation’s $1.5 million Academic Grants Round underscores its commitment to long-term innovation. By funding research in cryptography, consensus protocols, and formal verification, the initiative bridges theoretical advancements with practical applications [5]. In 2024, 300 applications from 25 countries highlighted the global academic community’s engagement with Ethereum, producing open-access research that will shape the ecosystem’s future [2]. Implications for Investors For investors, Ethereum’s curated model signals a transition from speculative hype to sustainable growth. The Dencun upgrade, which slashed Layer-2 costs by 90%, has already driven a 38% increase in DeFi Total Value Locked (TVL) in Q3 2025 [3]. Meanwhile, institutional-grade yield strategies—enabled by SEC-approved Ethereum ETFs—have generated annualized returns of 13% through basis trading [1]. Conclusion Ethereum’s strategic funding shift is not merely a tactical adjustment but a foundational reorientation toward resilience and innovation. By prioritizing infrastructure, interoperability, and academic collaboration, the foundation is laying the groundwork for a scalable, institutional-grade blockchain. For investors, this signals a maturing ecosystem where technical excellence and fiscal prudence converge to drive long-term value. **Source:[4] Ethereum's Strategic Funding Shift and Its Impact on Long-Term Ecosystem Resilience and Investor Confidence [https://www.bitget.com/news/detail/12560604940946]
Ethereum's Rising Dominance and the Shift in Institutional and Retail Sentiment
Ethereum’s ascent in 2025 has redefined the crypto market structure, driven by institutional adoption, regulatory clarity, and on-chain momentum. As open interest in Ethereum derivatives surges to record levels and Bitcoin dominance declines, the network’s utility and deflationary dynamics are reshaping capital allocation. This shift signals a strategic inflection point for investors, warranting a rebalancing toward Ethereum-based exposure. Derivatives Market: A Barometer of Institutional Confidence Ethereum’s derivatives market has become a cornerstone of institutional participation. By August 2025, CME Ether Futures open interest (OI) surpassed $10 billion, with 101 large OI holders—a record—indicating robust professional involvement [1]. This milestone was accompanied by 500,000 open micro Ether contracts and $1 billion in notional options OI, reflecting a maturing ecosystem [1]. The ETH/BTC open interest ratio hit all-time highs, with Ethereum capturing 40% of total crypto OI in Q2 2025 [4]. The surge is fueled by regulatory tailwinds, such as the 2025 CLARITY Act, which reclassified Ethereum as a utility token and unlocked staking yields of 3.8% APY [2]. This yield advantage over Bitcoin’s zero-yield model attracted $9.4 billion in ETF inflows for Ethereum, compared to $548 million for Bitcoin [1]. Meanwhile, Bitcoin ETFs recorded a net outflow of $803 million in August 2025, underscoring a capital shift toward Ethereum [1]. On-Chain Momentum: Deflationary Dynamics and Utility Ethereum’s on-chain metrics reinforce its institutional appeal. By August 2025, the network processed 1.74 million daily transactions, with 680,000 active addresses, reflecting a 43.83% year-over-year increase [1]. Gas fees plummeted to $3.78 from $18 in 2022, driven by Layer 2 solutions like Arbitrum and zkSync, which now handle 60% of Ethereum’s volume [1]. Staking participation reached 29.4% of the total supply (35.5 million ETH staked), generating annualized yields between 3% and 14% [3]. Institutional investors now control 7% of the supply, further solidifying Ethereum’s role as a yield-generating asset [1]. Deflationary dynamics, including EIP-1559 burns and staking lockups, created a 0.5% annual contraction in circulating supply, tightening liquidity and driving upward price pressure [3]. Ethereum’s Total Value Locked (TVL) in DeFi hit $223 billion by July 2025, with the network controlling 53% of tokenized real-world assets (RWAs) [1]. This utility-driven growth is amplified by the 97% profit-holding rate and a Network Value to Transactions (NVT) ratio of 37, signaling undervalued infrastructure and strong holder confidence [1]. Bitcoin Dominance and the Altcoin Reallocation Bitcoin dominance, a key indicator of market sentiment, fell to 56.54% in late August 2025—the lowest since February 2025 [2]. This decline reflects a strategic reallocation of capital from Bitcoin to Ethereum and altcoins, driven by institutional adoption and innovations in DeFi and NFTs. Ethereum’s market share rose from 9.2% to 14.4% between July and August 2025, while Bitcoin’s dominance fell from 64.5% to 57.5% [5]. The altcoin market’s resilience, reaching $1.6 trillion by September 2025, highlights Ethereum’s role as a catalyst for broader crypto adoption [6]. Institutional treasuries, such as Tom Lee’s BitMine, accumulated 1.7 million ETH ($7.88 billion), further reducing supply and enhancing scarcity [5]. Meanwhile, Bitcoin’s resurgence to 64% dominance by Q3 2025 underscores its foundational role, but Ethereum’s yield and utility advantages position it as a compounding asset in a diversified portfolio [2]. Strategic Rebalancing Toward Ethereum The confluence of derivatives-driven institutional adoption, on-chain deflationary mechanics, and declining Bitcoin dominance presents a compelling case for rebalancing toward Ethereum. With ETF inflows, staking yields, and DeFi utility reinforcing its value proposition, Ethereum is positioned to outperform Bitcoin in the near term. Investors should consider increasing exposure to Ethereum-based assets, including spot ETFs, staking protocols, and DeFi platforms, to capitalize on this structural shift. Source: [1] Ether Futures Open Interest on CME Hits Record $10B [2] The Surge in CME Ether Futures Open Interest and Its Implications [3] State of Ethereum Q2 2025 [4] Ethereum's Path to $5000: Whale Activity and Derivative Dynamics [5] Institutional interest drives Ethereum growth as CME [6] Altcoin Season 2025: Is Now the Time to Reallocate Capital
Ethereum's Volatility Amid FOMC Uncertainty: A Strategic Buying Opportunity?
Ethereum’s price volatility in 2025 has been inextricably tied to Federal Reserve policy signals, creating a tug-of-war between macroeconomic uncertainty and on-chain resilience. The August FOMC meeting minutes, which emphasized inflation risks and the potential impact of Trump-era tariffs, initially triggered a sell-off, sending ETH into bearish territory [1]. However, the subsequent dovish pivot by Fed Chair Jerome Powell at Jackson Hole—hinting at rate cuts “depending on economic conditions”—sparked a 12% rebound, pushing Ethereum to a new all-time high of $4,885 [5]. This seesaw reflects the crypto market’s sensitivity to central bank messaging, but a deeper look at Ethereum’s fundamentals reveals a story of structural strength. Macro-Driven Sentiment: The FOMC’s Dual Narrative The Federal Reserve’s July 2025 meeting minutes exposed internal divisions, with a majority of officials prioritizing inflation risks over employment concerns [1]. This hawkish stance initially pressured Ethereum, as investors braced for higher-for-longer rates and reduced liquidity for speculative assets [4]. Yet Powell’s Jackson Hole speech recalibrated expectations, with his conditional support for rate cuts driving a risk-on rally. By late August, the probability of a September rate cut had climbed to 87%, creating a tailwind for Ethereum as a high-yield, high-volatility asset [3]. The Fed’s balancing act—between inflation persistence and economic slowdown risks—has created a volatile backdrop. However, Ethereum’s price action suggests that market participants are increasingly viewing rate cuts as a near-certainty, with ETF inflows and staking demand acting as amplifiers of bullish sentiment. For instance, Ethereum spot ETFs (ETHA/FETH) attracted $27.6 billion in inflows by August 2025, outpacing Bitcoin’s $548 million [2]. This institutional shift underscores Ethereum’s role as a proxy for macroeconomic optimism. On-Chain Resilience: A Foundation for Long-Term Growth While FOMC-driven volatility dominates headlines, Ethereum’s on-chain metrics tell a story of resilience. Daily transaction volumes surged 43.83% year-over-year, averaging 1.74 million transactions per day, driven by Layer 2 solutions like Arbitrum and zkSync, which now handle 60% of the network’s volume [1]. Gas fees, once a barrier to adoption, have plummeted from $18 in 2022 to $3.78, thanks to the Dencun and Pectra upgrades [4]. These improvements have transformed Ethereum into a utility-driven infrastructure layer, attracting both retail and institutional capital. Validator behavior further reinforces this narrative. The Pectra Upgrade in May 2025 optimized staking efficiency, with 35.5 million ETH (29.4% of the supply) staked, generating annualized yields of 3–14% [1]. This has created a flywheel effect: rising staking demand drives yield generation, which in turn attracts more capital. Notably, 1.2 million ETH (~$6 billion) was moved out of exchanges and into staking protocols during August’s 12% price correction, signaling long-term strategic positioning [2]. Whale activity also highlights Ethereum’s institutional appeal. In Q2 2025, 14.3 million ETH was accumulated, with corporate treasuries like BitMine Immersion Technologies staking 1.5 million ETH ($6.6 billion) as a yield-generating reserve asset [1]. Meanwhile, 97% of ETH holders remained in profit, and sustained exchange outflows—reaching 1.875 million daily transactions—indicated strong usage fundamentals [2]. Strategic Buying Opportunity? Weighing the Risks and Rewards Ethereum’s volatility amid FOMC uncertainty presents a paradox: while macroeconomic headwinds could delay rate cuts, the network’s on-chain resilience suggests a strong foundation for long-term growth. Critics point to bearish indicators like a 15% MVRV ratio and 15% leveraged volume, historically correlating with 10–25% price corrections [2]. However, these metrics must be contextualized against Ethereum’s structural advantages. For instance, the SEC’s 2025 reclassification of Ethereum as a utility token unlocked $43.7 billion in staked assets via protocols like Lido and EigenLayer [1]. This regulatory clarity has accelerated institutional adoption, with Ethereum ETFs now holding 4.1 million ETH in assets under management [1]. Additionally, the network’s dominance in DeFi (62% of TVL) and smart contract innovation positions it as a critical infrastructure layer for both digital and traditional capital markets [4]. Conclusion: Navigating the Volatility Ethereum’s price swings in 2025 reflect the broader tension between macroeconomic uncertainty and on-chain strength. While FOMC policy signals will continue to drive short-term volatility, the network’s fundamentals—driven by institutional adoption, technological upgrades, and yield generation—suggest a compelling long-term case. For investors, the key lies in balancing macro-driven caution with a recognition of Ethereum’s evolving role as a utility asset. Source: [1] Coindesk, Hawkish FOMC Minutes Knocks Legs Out of Crypto Bounce [2] AInvest, Ethereum's Onchain Activity as a Leading Indicator of Institutional Adoption [3] CNBC, Ether Notches First New Record Since 2021 After Powell [4] AInvest, Ethereum's Institutional Edge: Defying the Crypto Selloff in Q3 2025
Ethereum Foundation's Strategic Grant Pause and Its Implications for Ecosystem Innovation and Investor Confidence
The Ethereum Foundation’s recent decision to pause open grant applications under its Ecosystem Support Program (ESP) marks a pivotal shift in its funding strategy. This move, announced on August 29, 2025, aims to transition from a reactive to a proactive model, prioritizing infrastructure, interoperability, and developer tooling to address Ethereum’s long-term scalability needs [1]. While the pause has sparked debate among developers and investors, it reflects a broader effort to align funding with strategic priorities, reduce operational strain, and ensure sustainable growth. For investors, this recalibration raises critical questions about its impact on ecosystem innovation and the resilience of Ethereum’s blockchain infrastructure. Strategic Realignment: From Volume to Value The ESP’s temporary halt follows a surge in grant applications that overwhelmed the foundation’s capacity to evaluate projects effectively [2]. In 2024, the program allocated nearly $3 million across 105 projects, including developer tools like Commit-Boost and research initiatives such as the ZK Playbook [3]. However, the high volume of submissions limited the foundation’s ability to focus on emerging priorities, such as layer-2 protocol integration and zero-knowledge (ZK) proof advancements [4]. By pausing open applications, the foundation seeks to streamline its processes and reallocate resources toward high-impact projects that directly enhance Ethereum’s technical foundation [5]. This strategic pivot mirrors broader trends in blockchain infrastructure, where scalability and interoperability are increasingly critical. For instance, successful grant-funded projects like The Graph (a decentralized data indexing protocol) and Chainlink (a decentralized oracle network) have demonstrated how infrastructure innovations can create long-term value by enabling seamless data flow and smart contract execution [6]. By prioritizing such projects, the Ethereum Foundation aims to strengthen its competitive edge against blockchains like Solana and Avalanche , which have aggressively invested in developer tooling and cross-chain solutions [7]. Investor Confidence: Balancing Short-Term Uncertainty with Long-Term Vision The grant pause has elicited mixed reactions from the investment community. Critics argue that the suspension could slow developer activity and delay breakthroughs in areas like ZK-based scaling. However, proponents view it as a necessary step to ensure funding aligns with Ethereum’s evolving roadmap. The foundation’s commitment to reducing its annual spending from 15% to a sustainable 5% of its treasury further underscores its focus on fiscal responsibility [8]. This financial discipline could bolster investor confidence by demonstrating a commitment to long-term sustainability rather than short-term growth at the expense of operational efficiency. Historical data also highlights the potential for value creation through strategic funding. In Q1 2025 alone, the foundation distributed $32.6 million in grants, a 63% increase from Q4 2024 [9]. This surge in funding supported projects like Uniswap (a decentralized exchange) and Aave (a lending platform), which have become cornerstones of Ethereum’s DeFi ecosystem. By refining its grant criteria to emphasize infrastructure and interoperability, the foundation may catalyze innovations that yield compounding returns for investors over time. Ecosystem Innovation: Lessons from Past Successes The Ethereum ecosystem’s history is replete with examples of grant-funded projects that have delivered transformative value. MolochDAO, a decentralized autonomous organization (DAO) focused on funding infrastructure, exemplifies how community-driven governance can sustain long-term development [10]. Similarly, Gitcoin’s quadratic funding model has incentivized open-source contributions, fostering a culture of collaboration that aligns with Ethereum’s ethos of decentralization [11]. These successes suggest that strategic, targeted funding can yield disproportionate returns by addressing systemic bottlenecks in blockchain adoption. The foundation’s new focus on infrastructure and tooling also aligns with emerging trends in Web3. For instance, the rise of ZK-based solutions like zkSync and StarkNet has shown that scalable, privacy-preserving protocols can attract both developer talent and institutional capital. By prioritizing such projects, the Ethereum Foundation may position itself as a leader in the next phase of blockchain innovation, where interoperability and user experience are paramount [12]. Conclusion: Resilience Through Strategic Patience The Ethereum Foundation’s grant pause is not a retreat but a recalibration. By shifting toward a proactive funding model, the foundation acknowledges the need to balance immediate demands with long-term strategic goals. For investors, this transition underscores the importance of patience and alignment with Ethereum’s vision of a scalable, interoperable, and decentralized future. While short-term disruptions are inevitable, the focus on infrastructure and tooling positions the ecosystem to weather market volatility and capitalize on emerging opportunities. As the revised funding framework is unveiled in Q4 2025, stakeholders will have a clearer view of how this strategic pivot will shape Ethereum’s trajectory—and, by extension, the broader blockchain landscape. Source: [1] Ethereum Foundation Pauses Open Grants to Refocus on Strategic Funding [2] Ethereum Foundation pauses grants to align with strategic priorities [3] Ethereum Foundation Pauses Grants Program to Refocus Ecosystem Strategy [4] Ethereum Foundation Suspends Grants to Reassess Funding Strategy [5] Ethereum Foundation boosts ecosystem with $32M in grants in Q1 2025 [6] Academic Grants Round | Ethereum Foundation ESP [7] Ethereum Foundation pauses open grants as it overhauls program [8] Ethereum Foundation pauses $3 million 'open grants program' [9] Ethereum Foundation boosts ecosystem with $32M in grants in Q1 2025 [10] Can you provide examples of successful Ethereum-based projects [11] What are some real-world examples of successful web3 projects [12] Ethereum Foundation Pauses Grants Program to Refocus Ecosystem Strategy
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