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NewsBriefs - Ethereum's Vitalik Buterin proposes single-slot finality for faster transactions

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  • Cointelegraph

    Ethereum's Vitalik Buterin proposes single-slot finality for faster transactions

    Ethereum co-founder Vitalik Buterin suggests transitioning to a single-slot finality (SSF) system to significantly reduce Ethereum Layer-1 transaction confirmation times from seconds to milliseconds. This proposal comes after the Ethereum Merge to proof-of-stake, which already reduced confirmation times to a range of 5–20 seconds. SSF aims to enhance user experiences and accommodate applications requiring lower latency, despite the associated challenges and the potential for increased network congestion.

    Cointelegraph

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    • The Block

      Sen. Tim Scott faces opposition from Sen. Elizabeth Warren on crypto bill

      Sen. Tim Scott is actively pushing a bill to regulate the crypto market and expects support from 12 to 18 Democratic senators. However, Sen. Elizabeth Warren, a known critic of the crypto industry, is reportedly hindering progress. Scott, alongside Sens. Cynthia Lummis, Bill Hagerty, and Bernie Moreno, have released a draft aiming for approval by a September 30 deadline. The legislation aims to establish a comprehensive market structure for crypto, beyond what recent laws have accomplished.

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    • Simon Gerovich

      Metaplanet acquires 775 BTC for $93M, now holding 18,888 BTC

      Metaplanet has acquired 775 bitcoins for approximately $93 million, costing about $120,006 per BTC. The company has realized a bitcoin yield of 480.2% year-to-date in 2025. As of August 18, 2025, Metaplanet holds a total of 18,888 BTC, valued at around $1.94 billion, with an average acquisition cost of approximately $102,653 per BTC.

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      Simon Gerovich

    • The Block

      Japan's Financial Services Agency set to approve first yen-pegged stablecoin

      Japan's Financial Services Agency is expected to approve the issuance of the country's first yen-pegged stablecoin by JPYC as early as this fall. JPYC plans to register as a money transfer business and initiate token sales soon after. The stablecoin will be backed by liquid assets like deposits and government bonds, and is intended for uses such as international remittances and DeFi. The company aims to issue 1 trillion yen worth of the stablecoin over three years.

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    • The Block

      Pump.fun maintains high average buyback price for PUMP token despite reduced revenues

      Pump.fun continues to buy back PUMP tokens at a price significantly above market rates, with average buybacks at $0.0058 compared to the current market price of $0.0039. Since initiating a buyback program after its July ICO, the Solana memecoin launchpad has scooped up approximately 7.43 billion PUMP despite reduced revenues and ongoing debates over the sustainability of using platform fees for repurchases. Despite these buybacks, PUMP's value is notably below its previous high, reflecting broader market challenges.

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    • The Block

      Heritage Distilling adopts $340 million IP token treasury with support from a16z crypto

      Heritage Distilling, under the ticker CASK, is set to pioneer the use of the IP token as its main reserve asset through a $340 million treasury strategy supported by a16z crypto and other key investors. The company will implement a $220 million PIPE deal, acquiring 52.5 million IP tokens at a significant discount, enhancing its strategic reserve assets and giving it a stake in the tokenized IP sector. The transaction is reinforced by contributions and advisory roles from various partners and crypto executives.

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    • The Block

      CFTC launches Crypto Sprint initiative following Trump's crypto regulatory vision

      The Commodity Futures Trading Commission (CFTC) is initiating a 'Crypto Sprint' to enact recommendations from the recent White House digital asset report, aligning with President Trump's goal to position the US as the global leader in crypto. The effort aims to integrate crypto into the US financial systems, enhancing regulatory clarity and promoting innovation. Notably, the CFTC will coordinate with the Securities and Exchange Commission to bring clarity to trading and registration processes for digital assets.

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    • Grayscale

      Grayscale launches new trust for Story network's IP token

      Grayscale, a leading digital asset investment platform, has launched Grayscale Story Trust to provide investors with exposure to the $IP token of the Story network. Story, a blockchain network, facilitates the management and monetization of intellectual property as programmable assets, tailored for artificial intelligence and digital rights across blockchain applications. The trust aims to appeal to institutional investors by embedding intellectual property in the booming AI and creator economies, making it licensable and monetizable on-chain.

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      Grayscale

    • The Block

      Robinhood reports 32% increase in Q2 crypto trading volume

      Robinhood Markets saw a 32% year-over-year increase in crypto trading volume, reaching $28 billion in the second quarter. The company further executed on its crypto strategy by acquiring Bitstamp and expanding tokenization, including launching new products in tokenized equities and crypto futures. Additionally, transaction-based crypto revenue nearly doubled, implying strong growth in its crypto business.

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    • The Block

      Polygon experiences hour-long outage following validator exit

      Polygon faced a temporary outage lasting over an hour due to a bug triggered by a validator's exit from the network. Despite the disruption in the Heimdall system, which is crucial for running validators and maintaining consensus, the network's block-producing Bor layer continued to operate normally. This incident occurred shortly after a major upgrade aimed at improving scalability and reducing finality times. Operations, including transaction processing, were maintained, although users may have experienced access issues due to related RPC disruptions.

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    • The Block

      Bank of Korea establishes new crypto division to focus on stablecoins

      The Bank of Korea has set up a new virtual asset division under its financial payment systems bureau to monitor the crypto market and guide discussions on national currency-based stablecoins. This move reflects South Korea's growing focus on stablecoin development, bolstered by the recent shift in the US approach and local governmental support, aligning closely with private sector initiatives to trademark stablecoin symbols.

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    • Blockworks

      Orca introduces Wavebreak, a new launchpad for Solana tokens

      Orca has launched Wavebreak, a launchpad for Solana tokens, designed to prioritize human users over bots through the integration of CAPTCHA and a specialized onchain permission structure. This innovation aims to combat the common issue of token sniping by bots in the DeFi sector. Wavebreak will also feature daily user rewards based on trading volume, distinguishing itself amid a competitive landscape of Solana DEXs and memecoin-focused launchpads.

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      Blockworks

    • The Smarter Web Company

      UK’s The Smarter Web Company purchases 225 Bitcoin, yield surpasses 43%

      The Smarter Web Company has announced the acquisition of 225 additional Bitcoin at an average price of £87,096 each, as part of its ongoing Bitcoin treasury strategy. With the new purchase, the company's total Bitcoin holdings have reached 1,825 and it has achieved an impressive year-to-date Bitcoin yield of 43,787%. This move is part of the company's broader '10 Year Plan' to integrate Bitcoin into its financial strategy and secure its position in the future financial ecosystem.

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      The Smarter Web Company

    • Decrypt

      Nigeria establishes regulatory sandbox to boost stablecoin firms

      Nigeria has expressed its readiness to support stablecoin businesses under its evolving digital asset rules. This announcement was made by Securities and Exchange Commission Director-General Emomotimi Agama at the Nigeria Stablecoin Summit. The country aims to create a supportive environment for innovation while ensuring market protection. The SEC has already started onboarding stablecoin-focused firms through its regulatory sandbox, aiming to position Nigeria as a stablecoin hub.

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      Decrypt

    • The Block

      xTAO to list on TSXV and raises $22.8 million for Bittensor-focused initiatives

      xTAO, a company dedicated to advancing decentralized AI and Bittensor's ecosystem, announced its upcoming listing on the TSX Venture Exchange under the ticker XTAO.U. The firm successfully closed a $22.8 million funding round from prominent digital asset venture capitals like Digital Currency Group, Animoca Brands, and others. This move marks a significant step in xTAO's mission, using TAO tokens as treasury reserves and enhancing their validator operations to assess and connect Bittensor ecosystem products.

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      The Block

    • The Block

      House postpones votes on key crypto legislation after procedural setback

      The US House of Representatives has canceled Tuesday's votes on significant crypto legislation, including the GENIUS Act and Clarity Act, due to a procedural vote failure. The initial attempt to move forward with these bills was defeated 196 to 223. Further voting attempts were planned but have now been postponed, with no subsequent votes scheduled for the day. Discussions and efforts to advance the legislation are expected to continue, despite the setback.

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      The Block