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Vitalik Finally Opens Up: ETH Is Ethereum's Most Important Product

In a recent statement, Ethereum co-founder Vitalik Buterin outlined his vision for the Ethereum Foundation's future direction. He stressed that Ethereum must not succumb to mainstream trends but instead must strive to be "impressive" by steadfastly upholding its core CROPS values: censorship resistance, openness, privacy, and security. Buterin clarified that the EF should not be seen as the "center" of Ethereum but as one specialized node among many, with a finite lifespan and resources. He highlighted that the EF holds only about 0.16% of all ETH, far less than foundations of other blockchains. Its renewed focus will be on tasks critical to CROPS that others are unlikely to undertake, even if this means narrowing its scope. Technically, Buterin argued that Ethereum's path to being impressive lies not in chasing maximal transaction speed but in excelling within the CROPS framework. Key technical goals include: building a provably bug-free Ethereum through AI-assisted formal verification; maintaining its unique hybrid consensus model for high liveness; and minimizing intermediaries in transaction submission to reduce systemic fragility. Buterin revealed that nearly 90% of his personal net worth is held in ETH, stating that "the highest-value 'product' of the Ethereum blockchain is the ETH asset." He acknowledged that supporting ETH's value requires work beyond the EF's mandate, necessitating collaboration with other ecosystem players. The future EF, according to Buterin, will be a more focused, opinionated, and enduring "small boat," dedicated to ensuring Ethereum delivers something meaningful to the world.

marsbit05/25 01:29

Vitalik Finally Opens Up: ETH Is Ethereum's Most Important Product

marsbit05/25 01:29

Vitalik Finally Speaks Out: ETH is the Most Important Product of Ethereum

Ethereum co-founder Vitalik Buterin outlines his personal vision for the future direction of the Ethereum Foundation (EF). He emphasizes that the EF should not cater to mainstream trends but must be "impressive" by steadfastly adhering to CROPS values: censorship-resistant, open, private, and secure. Buterin argues the EF, holding only about 0.16% of ETH, should not be Ethereum's center but a specialized node focused on critical, long-term tasks others might neglect. Its new role is to ensure Ethereum becomes deeply impressive in the CROPS dimension, not by chasing maximal transaction speed, but by pursuing ambitious technical goals: 1) A provably bug-free Ethereum via AI-assisted formal verification. 2) High-availability chain consensus combining BFT and Bitcoin-style resilience. 3) "Intermediary minimization" to reduce reliance on middlemen for transaction inclusion and user data. He states that Ethereum's highest-value "product" is the ETH asset itself, which these features support. Buterin reveals nearly 90% of his net worth is in ETH. The future EF will be a smaller, more opinionated, and longer-lasting organization dedicated to ensuring Ethereum delivers something meaningful to the world.

Odaily星球日报05/25 01:27

Vitalik Finally Speaks Out: ETH is the Most Important Product of Ethereum

Odaily星球日报05/25 01:27

Futu's Fine Turns into a Boon for Hyperliquid?

The article explores the interconnected narratives of a regulatory crackdown on Chinese fintech brokers and the rise of the decentralized exchange Hyperliquid. It begins with China's May 2026 proposal for severe penalties against brokers like Futu and Tiger for illegal cross-border operations, suggesting this may redirect capital toward platforms like Hyperliquid. This is evidenced by HYPE token's price surge coinciding with the news. The core of the article analyzes Hyperliquid's disruptive potential and the regulatory pressure it faces. Traditional giants like CME and ICE are lobbying the CFTC to crack down on Hyperliquid, citing its lack of KYC, position limits, and market surveillance—particularly for its weekend crude oil contracts, which challenge traditional market hours. Despite this, Hyperliquid demonstrates remarkable efficiency, with a small team generating high revenue, largely funneled into HYPE buybacks. Its innovation lies in synthetic perpetual contracts for pre-IPO companies (e.g., Cerebras, SpaceX), enabling price discovery outside traditional channels. Unlike tokenized equity platforms (PreStocks, Ondo) tied to physical assets or entities, Hyperliquid's "asset-less" synthetic contracts are argued to be more resilient to legal targeting, as they are simply code on a decentralized network. However, the article notes this is not absolute, citing the network's limited validators and past interventions. The piece concludes that Hyperliquid's fundamental advantage is offering continuous, permissionless trading—effectively competing on *time*—which established players cannot easily replicate, even as significant regulatory risks loom.

marsbit05/25 01:05

Futu's Fine Turns into a Boon for Hyperliquid?

marsbit05/25 01:05

Mythos Report Released: Billions of Devices Worldwide Exposed, 10,000 Critical Vulnerabilities Uncovered in 30 Days

The first report from Anthropic's "Project Glasswing" reveals staggering results from its secret initiative using the next-generation AI model, Claude Mythos Preview. In just 30 days, collaborating with roughly 50 global tech giants and critical infrastructure developers, Mythos identified over 10,000 high or critical-severity software vulnerabilities. It demonstrated an extremely low false-positive rate, even outperforming human experts, and successfully intercepted a $1.5 million bank fraud in progress. Key findings include uncovering 2,000 bugs in Cloudflare's core systems, fixing 271 critical vulnerabilities in Firefox 150 (ten times more than previous methods), and discovering a 27-year-old hidden bug in OpenBSD's codebase. The AI even autonomously constructed full attack chains for some exploits. Mythos also scanned over 1,000 essential open-source projects, identifying 23,019 total vulnerabilities, with 6,202 rated high/critical by the AI. Independent verification confirmed a 90.6% true-positive rate, validating 1,094 severe vulnerabilities. A critical case involved wolfSSL, a cryptography library used by billions of devices, where Mythos found a flaw allowing perfect digital certificate forgery. This unprecedented discovery speed has created a new crisis: human developers are overwhelmed and cannot patch vulnerabilities fast enough. In response, Anthropic is rolling out defensive tools like "Claude Security" to auto-generate patches and releasing frameworks to help security teams automate code review and threat modeling. Due to its immense power and potential for weaponization if misused, Anthropic is delaying Mythos's public release until robust safety measures are established. The company urges the industry to shorten patch cycles, enforce updates, and strengthen security fundamentals. The project signals a paradigm shift where AI could eventually make critical code vastly more secure, though the transition period poses significant challenges for human defenders.

marsbit05/25 00:09

Mythos Report Released: Billions of Devices Worldwide Exposed, 10,000 Critical Vulnerabilities Uncovered in 30 Days

marsbit05/25 00:09

AlphaGo's Creator Puts AI into a 23-Year-Old Artificial Society: All Three Toughest Challenges for AI Agents Are Here

Demis Hassabis, CEO of DeepMind, has embarked on a new AI research venture by partnering with the long-running space MMO, EVE Online. This collaboration, announced in early May, aims to use the game's 23-year-old, player-driven persistent universe as a testbed for tackling three core challenges in AI agent research: long-horizon planning, memory, and continual learning. Unlike previous DeepMind environments like AlphaGo (Go) or AlphaStar (StarCraft II), EVE Online features no fixed end state. Its single-shard universe has fostered complex, emergent player societies with real economies, political alliances, and wars that can span months or years. These conditions naturally demand the very skills—long-term strategic planning, maintaining memories over extended periods, and adapting to constant change—that are hardest for current AI agents to master. The research will initially use an offline version of EVE, providing a controlled, complex sandbox without interfering with the live player server. This move continues DeepMind's trajectory of using increasingly complex and open-ended virtual worlds for AI training, from Atari games and Go to StarCraft II and the SIMA project. The EVE environment represents a significant step towards testing AI in a persistent, socially complex, and continuously evolving world shaped by human behavior over decades.

marsbit05/25 00:08

AlphaGo's Creator Puts AI into a 23-Year-Old Artificial Society: All Three Toughest Challenges for AI Agents Are Here

marsbit05/25 00:08

VItalik Buterin Defends Long-Term Vision Amid Token Price Concerns

Ethereum co-founder Vitalik Buterin defended the Ethereum Foundation's long-term vision amidst concerns over ETH's token price, which has fallen more than 50% from its all-time high. He stated the Foundation's core goals remain supporting decentralization, security, censorship-resistance, and long-range research, not competing on transaction throughput. Buterin emphasized the Foundation's minimal ETH holdings (around 0.16% of supply) compared to other projects and announced a focus on "longevity," prioritizing research over actions that could impact price. While the Foundation recently unstaked a significant amount of ETH, he clarified this does not mean the tokens will be sold. The comments address market worries following high-profile exits and sales by some investors, as well as criticism that post-Dencun upgrade tokenomics were not adequately considered.

TheNewsCrypto05/24 21:43

VItalik Buterin Defends Long-Term Vision Amid Token Price Concerns

TheNewsCrypto05/24 21:43

Bitcoin Spot ETFs Bleed $1.26 Billion In Largest Net Outflows In 3 Months – Details

US Bitcoin Spot ETFs saw $1.26 billion in net outflows last week, marking the largest withdrawal since late January. The sector experienced six consecutive days of negative flows, with BlackRock's IBIT alone accounting for over $1 billion in net outflows. Overall, May has seen $1 billion leave these ETFs. Ethereum Spot ETFs also extended their outflow streak to 10 days, losing $215.19 million last week. Despite the capital flight, Bitcoin's price rose 1.75% to $76,735, while Ethereum increased 2.78% to $2,119 at the time of reporting.

bitcoinist05/24 16:02

Bitcoin Spot ETFs Bleed $1.26 Billion In Largest Net Outflows In 3 Months – Details

bitcoinist05/24 16:02

DeepSeek Announces Permanent Price Cut, But Liang Wenfeng Is Not Trying to Be a "Cyber Bodhisattva"

DeepSeek has announced a permanent 75% discount on its V4-Pro API, significantly reducing its token prices. This move stands out as a major industry-wide price cut while competitors like Anthropic, OpenAI, and Google have been quietly raising theirs. The article contrasts this strategy with the broader trend of AI becoming more expensive, citing examples of companies like Microsoft and Uber struggling with high token costs as usage soars. While CEO Liang Wenfeng is hailed by some as a "Cyber Bodhisattva" for this普惠 approach, the article argues this is a strategic business choice, not mere altruism. DeepSeek's ability to maintain low prices is attributed to several structural advantages: lower-cost AI talent in China, the impending use of domestic昇腾 hardware for further cost reductions, and, most critically, access to China's cheaper and more abundant energy infrastructure, which drastically reduces the electricity costs dominating AI operations. The analysis suggests that for many commercial applications, a "good enough" model that is radically cheaper (e.g., 1% to 11% of GPT-5.5's cost) is more valuable than the absolute top-tier model. This allows for vastly more experimentation and iteration within a budget. Therefore, as AI generally becomes more expensive, DeepSeek's cost-competitiveness—rooted in China's energy and talent advantages—becomes its core strategic value and differentiator in the global market.

marsbit05/24 12:19

DeepSeek Announces Permanent Price Cut, But Liang Wenfeng Is Not Trying to Be a "Cyber Bodhisattva"

marsbit05/24 12:19

Everyone Is Calling For Lower Bitcoin Price: Why This Is The Perfect Time To Go Parabolic

Crypto analyst Crypto Fergani argues that despite widespread bearish sentiment and calls for lower targets following Bitcoin's recent volatility, conditions are actually ripe for a parabolic surge. He points to major institutional accumulation and growing adoption as bullish fundamentals, dismissing the idea of an ongoing bear market. Comparing the current cycle to 2022, he predicts Bitcoin could rally over 72% from current levels above $74,000 toward $128,000, with altcoins potentially seeing massive gains. This contrasts with other analysts like Bee, who foresee a deeper correction toward $47,000-$52,000 as the final bottom before a new bull cycle begins.

bitcoinist05/24 10:43

Everyone Is Calling For Lower Bitcoin Price: Why This Is The Perfect Time To Go Parabolic

bitcoinist05/24 10:43

The Veil of Mythos Becomes Anthropic's Lever to Move Trillions

The article discusses Anthropic's reported upcoming $30 billion funding round, which would value the company at over $900 billion. It analyzes how the company has leveraged strategic narratives around its unreleased "Mythos" model, rather than just its publicly available products, to drive this massive valuation. Key points include Google's surprising $40 billion investment in a competitor, suggesting it is buying strategic positioning. Anthropic's "Glasswing" cybersecurity project and the unreleased Mythos model are portrayed not through direct proof, but through carefully crafted narratives of being "too powerful for public release," creating an aura of exclusive, high-level capability. This is bolstered by reports of the White House and NSA seeking access to Claude/Mythos despite previous security concerns, implying indispensable technology. Furthermore, Anthropic's reported rapid revenue growth—from a $1 billion annual run-rate in late 2024 to over $30 billion by April 2026, largely driven by enterprise API and Claude Code—provides a financial story for investors. The article concludes that Anthropic's core business model is effectively converting unverifiable technical potential, government interest, and future revenue projections into a compelling narrative that secures immense capital, using the actions of wealthy investors and powerful institutions as the ultimate validation of its worth.

marsbit05/24 10:10

The Veil of Mythos Becomes Anthropic's Lever to Move Trillions

marsbit05/24 10:10

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