#904 - Fast Confirmation Rule On Ethereum
A feature that enables Ethereum consensus clients to confirm transactions in a single slot, resulting in 98% faster confirmations.
Fast Confirmation Rule info hub.
Privy integrates DeFi yield.
Curve Finance launches FastBridge.
x402 protocol supports any ERC-20 token.
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Listen to this episode from Ethereum News on Spotify. Ethereum developers release a Fast Confirmation Rule info hub. Privy integrates DeFi yield. Curve Finance launches FastBridge. And x402 protocol supports any ERC-20 token. Read more: https://ethdaily.io/904 Borrow against ETH at the lowest fixed rates in DeFi.
](https://open.spotify.com/episode/23fgQYkAKjFizJMdVYwYZ7)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
Will Corcoran of the Lean Ethereum team released fastconfirm.it, an information hub outlining the use cases, trade-offs, and implementation of the Fast Confirmation Rule (FCR), a feature that enables Ethereum consensus clients to confirm transactions in a single slot of about 13 seconds, compared to Ethereum’s current 13-minute finality, resulting in about 98% faster confirmations. The change does not require a hard fork, as it can be done by enabling a configuration flag on consensus clients. The Fast Confirmation Rule works by using validator attestations to determine when a block can be safely confirmed. The site aims to inform Ethereum users and manifest shipping fast confirmations on Ethereum.
Privy, an embedded wallet infrastructure provider, launched Earn, a feature that enables applications to generate DeFi yield on idle onchain balances held in Privy wallets. Using Privy’s APIs, developers can enable fund deposits into vaults, liquidity withdrawals, and configure revenue sharing from vault returns. The feature initially supports ERC-4626 vaults on the Morpho lending protocol, with planned integrations for Aave and Kamino Finance. Vault strategies are curated by Steakhouse Financial and Gauntlet. Privy enables apps to integrate crypto wallets with Web2 login methods such as SMS, email, Google, X, and Farcaster. It also supports cross-application wallet functionality, enabling users to access the same embedded wallet across multiple apps.
Curve Finance launched FastBridge, a bridging layer powered by LayerZero that enables fast withdrawals of crvUSD from L2 networks to Ethereum. The system combines LayerZero’s cross-chain messages with an Ethereum vault that releases pre-minted crvUSD to the user, which is backed by the pending canonical transfer. Once the canonical withdrawal finalizes, the bridged tokens refill the vault. The design reduces withdrawal times from the typical 7-day optimistic rollup delay to around 15 minutes, enabling faster arbitrage and helping keep crvUSD prices aligned across chains. FastBridge is now live on Arbitrum, Optimism, and Fraxtal.
x402, the payments protocol by Coinbase that enables onchain transactions over HTTP, now supports any ERC-20 token x402 turns HTTP 402 "Payment Required" status code into a functional onchain payment mechanism, enabling frictionless, pay-per-use payments for APIs, AI agents, compute, and content. Developers can integrate x402 with minimal code, using existing HTTP infrastructure, to accept payments in any ERC-20 token.
Vitalik calls for simpler node infra
CoW Swap post-mortem
ENS agent registry demo
Arbitrum Security Council nominations
OpenSea delays SEA airdrop
Bungee launches Incognito on Base
ERC-8004 Launch Day
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
#903 - Ethereum Foundation Mandate
A manifesto to guide the foundation across two core goals: protecting self-sovereign computation and enabling coordination at scale.
EF publishes a mandate.
Spire full synchronous composability.
POAP enters maintenance mode.
Aave publishes V4 activation proposal.
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
The Ethereum Foundation published the EF Mandate, a 38-page document that serves as a constitution, manifesto, and operating guide for the foundation. It outlines two core goals: protecting self-sovereign computation and enabling coordination at scale, positioning Ethereum as the world computer built around its core principles: censorship resistance, open source, privacy, and security, coined CROPS. The document also clarifies the Ethereum Foundation’s role as a steward rather than an owner of the network. It emphasizes that the EF should avoid becoming a central authority and instead help grow an ecosystem that can function independently of the Foundation.
Spire Labs launched Pylon, a platform for deploying appchains with full synchronous composability, with synchronous reads and writes now live in production. Chains built with Pylon can read and update state across layers within a single transaction, making cross-chain interactions feel like using a single chain. Pylon aims to solve appchain fragmentation by allowing chains to customize execution and scale independently while remaining fully composable with their settlement layer, enabling cross-chain contract calls, asset transfers, and shared liquidity without bridges or delays. Users sign transactions with the same wallet, and developers simply call a Pylon contract.
Proof of Attendance Protocol (POAP), the popular NFT project for collecting attendance badges on Gnosis Chain, announced it will enter maintenance mode starting March 16, 2026. New POAP issuers will no longer be able to access the platform’s issuer tools. Existing issuers can continue managing previously created POAPs. POAP will also stop active development of the current platform. According to POAP co-founder Isabel, the team plans to shift its focus toward building a new platform for open digital collectibles. Existing POAPs will remain unaffected, and the current platform may eventually connect to the new system in the future.
Aave V4 activation proposal
Ethereal Weekly #15
Reverse Record #2
EF Mandate audiobook
What does the EF do?
Synthesis Opening Ceremony
ETHConf 2026 Speakers
$50m Aave loss explained
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
#902 - Trader Loses $50m In AAVE Swap
A trader using the swap interface on the Aave front-end suffered a $50 million loss after accepting a swap with 99% slippage.
$50m loss in Aave trade.
Hegota EL Headliner undecided.
BlackRock’s ETHB goes live.
ZisK v0.16 release.
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Listen to this episode from Ethereum News on Spotify. A trader loses $50 million in slippage while using the swap widget in the Aave frontend. Ethereum client teams remain split on the Hegota EL Headliner. And BlackRock's Staked Ethereum ETF goes live. Read more: https://ethdaily.io/902 Are you running a treasury?
](https://open.spotify.com/episode/3cR3Y1tIMLrYRHK4btrZ6Y)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
A trader using the swap interface on the Aave front-end suffered a $50 million loss after accepting a swap with 99% slippage. The trader sent $50.43 million in USDT through the Aave swap widget powered by CoW Swap and received 327 AAVE tokens, worth just $36,000. The transaction was routed through two low-liquidity pools. Aave founder Stani Kulechov confirmed that the Aave interface had displayed an extraordinary slippage warning before the trade was submitted by the user on a mobile device. He also said that Aave Labs would return the $600,000 in fees collected from the transaction. CoW Swap stated there’s no indication of a protocol exploit. Although it’s unclear why the CoW Swap solver didn’t use the optimal swap route. According to Arkham analyst Emmett Gallic, an MEV bot paid block builder Titan Builder 16,927 ETH, worth $34.8 million, as a bundle priority fee for transaction inclusion, while the MEV bot operator kept about $10 million. The DEX aggregator LlamaSwap protects users from extreme slippage by automatically disabling the trade button when such a swap would execute. A prior version of Aave’s swap widget also included a slippage hard limit.
Ethereum core developers have rejected both the SSZ execution blocks (EIP-7807) and the LUCID Encrypted Mempool as execution layer headliners for the Hegota upgrade, the next network fork following Glamsterdam. LUCID can be considered for the I-Star fork, slated for 2027. Client teams were unable to reach consensus on Frame Transactions (EIP-8141), an account abstraction proposal that introduces a new transaction type enabling features like social recovery and native gas sponsorship. Support for making Frame Transactions the headliner came from Vitalik Buterin, the Geth team, and Erigon. The Besu and Reth teams favored proceeding with no execution layer headliner, while the Nethermind team remained split on the issue. The headliner decision has been delayed, to be revisited in future calls.
BlackRock’s iShares Staked Ethereum Trust ETF, known under the ticker ETHB on Nasdaq, is now live as one of the first U.S. spot Ethereum ETFs that incorporates staking. ETHB brings higher returns for shareholders while contributing to the economic security of the Ethereum network. Early trading for ETHB showed volumes around $15 million. The launch follows the successful iShares Ethereum Trust ETF (ETHA), which began trading in July 2024 and currently holds over 3.1 million ETH.
ACDE #232 highlights | minutes
Lighthouse v8.1.2 release
ZisK v0.16 release
Base App changes
STRK20s Technical Paper
Yearn introduces yvUSD
Etherscan address poisoning
Grvt announces GRVT token
Lido new earn vaults
CFTC on prediction markets
Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.