According to BlockBeats, Ethereum co-founder Vitalik Buterin expressed enthusiasm over the progress of mainstream Layer 2 solutions reaching Stage 1, known as the 'limited training wheels' phase. He emphasized the significance of achieving rapid withdrawals through zero-knowledge proof systems, considering it more crucial than advancing to Stage 2, which involves 'no training wheels.' Fast withdrawal times are vital as they reduce liquidity providers' capital costs. If native withdrawal times can be shortened to under an hour in the short term and to 12 seconds in the medium term, it would further solidify Ethereum Layer 1 as the default platform for asset issuance and the economic center of the Ethereum ecosystem. Buterin suggested moving away from the Optimistic proof system, which inherently requires several days for withdrawals. Historically, zero-knowledge proof technology has been immature and costly, making the Optimistic proof a wise and safe choice. However, recent developments are rapidly changing this scenario, with the 2-of-3 ZK + OP + TEE proof system strategy balancing security, speed, and maturity. In the long term, this will enable nearly instant native asset transfers across L2 via L1. BlockBeats notes that Stage 1 and Stage 2 are used to assess the maturity and decentralization of Layer 2 rollups. Stage 1 allows for some less decentralized features but requires rollups to meet basic security and functionality standards. Stage 2 demands stronger decentralization and security, approaching a fully decentralized state.

After peaking close to $3 earlier this year, the token has steadily declined, dragged down by a combination of technical […] The post Pi Network News: Token Unlocks, Delayed Migration, and a Race Against the Bears appeared first on Coindoo. source: https://coindoo.com/pi-network-news-token-unlocks-delayed-migration-and-a-race-against-the-bears/

The spike in profit-taking could lead to a shift in TRX's price structure. source: https://ambcrypto.com/trx-hits-0-42-but-how-trons-profit-takers-may-pull-price-back/

تقدمت شركة SBI Holdings، شريك شركة Ripple Labs، مؤخرًا بطلب للحصول على صندوقين متداولين في البورصة (ETF) مرتبطين بالعملات الرقمية في تحديثها للربع الثاني من عام 2025، والذي يضم صناديق Bitcoin و XRP ETFs. ومن خلال هذه الخطوة، من المُحتمل أن تُقدم الشركة اليابانية تعرضًا مباشرًا للبيتكوين والريبل. source: https://www.thecoinrepublic.com/ar/2025/08/06/%d9%83%d9%8a%d9%81-%d8%aa%d8%a8%d8%af%d9%88-%d8%ad%d8%b1%d9%83%d8%a9-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%a8%d9%8a%d8%aa%d9%83%d9%88%d9%8a%d9%86-%d9%88%d8%a7%d9%84%d8%b1%d9%8a%d8%a8%d9%84-xr/

Bitcoin mining pool operators achieved a dramatic reduction in minimum fees yet inadvertently shot themselves in the foot. source: https://protos.com/bitcoin-devs-warn-of-fork-risk-to-miners-as-fees-crash/

The Trump White House has reportedly set its sights on punishing banks it believes have been debanking conservatives. The Wall Street Journal says it has reviewed a draft executive order that would instruct banking regulators to probe banks that may have violated the Equal Credit Opportunity Act. source: https://dailyhodl.com/2025/08/06/white-house-looking-to-ban-banks-from-discriminating-against-certain-clients-including-crypto-companies-report/

In 2023, Roman Storm was charged with conspiracy to commit money laundering and sanctions violations for operating Tornado Cash. source: https://www.theblock.co/post/364948/tornado-cash-creator-roman-storm-found-guilty-on-money-transmitting-charge-but-not-guilty-on-sanctions-charge-inner-city-press?utm_source=rss&utm_medium=rss

SHIB Army’s inaugural presidential elections kick off: who’s built to lead the pack & fulfill Ryosh’s Vision? source: https://dailycoin.com/shiba-inu-lead-dev-sparks-shib-army-presidential-elections/?utm_source=cryptopanic&utm_medium=rss

In a remarkable surge of trading activity, a group of large cryptocurrency investors, often referred to as 'whales,' has collectively acquired an astounding $1 billion worth of Dogecoin within a short span of just 24 hours, indicating a significant interest in this popular digital currency and potentially influencing its market dynamics. source: https://blocknews.com/whales-scoop-up-1billion-in-dogecoin-in-24-hours/

A crypto investor has lost over $3 million through a malicious phishing scam. source: https://www.cryptopolitan.com/crypto-phishing-scam-wipes-out-3m/

Blockchain, a virtual replica of the real-world "power fragmentation," may be providing a subtle but firm escape route for those trapped under the powerful.

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

Cryptocurrency, investment, 5-year DCA vs. All-in: Which is stronger in cryptocurrency investing? Golden Finance, investing has bid farewell to the days of handwritten stock slips and blurry ticker tape.

Ethena has quickly emerged as one of the most innovative players in the stablecoin and synthetic dollar space.

On August 1, the highly anticipated Hong Kong Stablecoin Ordinance was finally officially implemented.

Who will be the next Federal Reserve Chairman? Trump's latest speech reveals a major signal!

Recommended reading tonight: 1. Three investment opportunities that will immediately benefit from the US SEC's "Project Crypto"; 2. VanEck: Will ETH be a better asset than BTC?; 3. Full text of the US SEC statement: Liquidity pledges are not securities and do not require registration;

The world has never stopped reshaping its values, but this time, algorithms have become the writers of new rules.

An in-depth analysis of Hong Kong’s latest stablecoin bill is conducted to clarify multiple misunderstandings in the market.

Swedish Prime Minister Ulf Kristersson is facing heavy backlash after openly revealing that he frequently uses ChatGPT to help guide his political thinking.