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Abstract Lowers Block Times 5x to 200ms

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TEHRAN, IRAN - JULY 19: (RUSSIA OUT) Russian President Vladimir Putin leaves his presidential plane during the welcoming ceremony at the airport, on July 19, 2022 in Tehran Iran. Russian President Putin and his Turkish counterpart Erdogan arrived in Iran for the summit. (Photo by Contributor/Getty Images)

Abstract is a zero-knowledge (ZK) rollup Layer 2 (L2) scaling solution built on Ethereum, designed for consumer-facing blockchain apps with low fees and high-speed transactions.

It leverages the ZK Stack to enable secure, verifiable computations off-chain while settling on Ethereum mainnet. As of late 2025, Abstract has not publicly announced a direct reduction of its block times to 200ms from a baseline of ~1 second, which would be roughly 5x faster.

However, the broader Ethereum L2 ecosystem has seen innovations like this, which Abstract could adopt or integrate in future upgrades. Block time refers to the interval at which new blocks are produced on a blockchain, directly impacting transaction confirmation speed.

Ethereum’s base layer has 12-second blocks, but L2s like Abstract aim to optimize this for real-world usability (e.g., gaming, DeFi, payments). A 200ms block time is a significant leap—faster than a human blink (300-400ms)—enabling near-instant confirmations without sacrificing security.

Base’s Flashblocks launched in July 2025 by Coinbase’s Base network an Optimistic Rollup L2, this feature streams “sub-blocks” every 200ms, reducing effective block times from 2 seconds to 200ms—a 10x improvement in latency for early confirmations.

It includes revert protection for reliability, making Base the fastest EVM-compatible chain at the time and boosting throughput by up to 5x in high-demand scenarios. This has been hailed as a “world record” for EVM transaction speed.

In October 2025, Berachain a Cosmos-based EVM chain proposed a sequencer-based system for partial blocks with 200ms inclusion times, enhancing DeFi and gaming experiences while reverting to standard blocks if needed for stability.

Projects like MegaETH a 15ms mini-blocks on testnet and Eclipse, a Solana-inspired shredding are pushing sub-200ms norms, but these are often “preconfirmation” mechanisms rather than full block production.

Implications for Abstract

Abstract’s current setup as tracked by L2BEAT uses an operator-only block proposal model with ZK proofs for batch settlement, achieving sub-second finality in practice. While it hasn’t matched 200ms yet, its ZK architecture positions it well for similar upgrades.

Prior to Flashblocks, Base produced full blocks every 2 seconds—a respectable speed for an L2, but still too slow for latency-sensitive applications like gaming, high-frequency trading, or real-time social interactions.

Flashblocks reduces this effective block time to just 200 milliseconds (ms), achieving up to a 10x speedup and positioning Base as the fastest Ethereum Virtual Machine (EVM)-compatible chain at the time of launch.

This innovation was developed in collaboration with Flashbots, a research organization focused on reducing Miner Extractable Value (MEV) harms and improving blockchain efficiency.

At its core, Flashblocks introduces preconfirmations—ultra-fast, partial block updates (or “sub-blocks”) that stream to users and nodes every 200ms, providing near-instant feedback on transaction inclusion without waiting for a full block to seal.

These preconfirmations are probabilistic but highly reliable, with built-in mechanisms for handling discrepancies. The feature is optional for applications, allowing developers to opt-in for snappier user experiences (UX) while falling back to standard blocks if needed.

Instead of bundling everything into a single 2-second block, the sequencer divides the block’s contents into smaller, time-sliced “Flashblocks.” Each Flashblock is produced every 200ms, capturing a portion of the incoming transactions. There are 10 Flashblocks per full block aligning with the 2-second cycle: 10 × 200ms = 2s.

The gas budget scales progressively: The i-th Flashblock where i ranges from 1 to 10 can hold up to i/10 of the full block’s total gas limit. For example:Flashblock 1: Up to 10% of gas.

This progressive allocation ensures early Flashblocks are lightweight and fast, while later ones can accommodate more volume if needed. Flashblocks are streamed as “partial blocks” via WebSockets or RPC methods, providing preconfirmations—signals that a transaction is likely included in the upcoming full block.

Nodes and apps receive these updates in real-time, allowing for immediate UX feedback (e.g., “Transaction confirmed” UI after 200ms). Unlike traditional blocks, Flashblocks enforce time-based ordering rather than pure priority-fee auctions.

Later-arriving transactions can’t easily “bribe” their way to the top of an early Flashblock, reducing MEV opportunities for external bots. At the end of the 2-second cycle, the 10 Flashblocks are combined (or “recreated”) into a single canonical full block, which is then proven and settled on Ethereum L1.

If a reorg occurs (e.g., due to network congestion or sequencer issues), the streamed Flashblocks may differ from the final block. Base estimates this happens infrequently (<0.1% of cases), but apps must handle it gracefully—e.g., by reverting to L1 finality checks.

Benefits of FlashblocksUltra-Fast UX: Confirmations in 200ms enable “blink-speed” interactions—faster than Solana’s ~400ms blocks—ideal for consumer apps, DeFi bots, and games where delays kill engagement.

Adopting flashblock-like sub-blocks could enable 5x faster user experiences, ideal for Abstract’s focus on scalable consumer apps. Faster blocks increase sequencer centralization risks, but Abstract’s ZK proofs mitigate this via cryptographic verifiability.

No censorship resistance via L1 queues is currently implemented, which could be a next step. These speeds make Ethereum L2s competitive with Solana ~400ms blocks or even faster, driving adoption. Base’s rollout, for instance, has doubled its transaction speed relative to Solana in benchmarks.

Monad Airdrop Allocation Checker Now Live

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The Monad airdrop allocation checker officially went live on October 28, 2025, allowing eligible users to reveal their $MON token allocations early through an interactive “mystery box” system.

This is a key step ahead of the full token claim and Monad mainnet launch, expected sometime in early November 2025. Claim Window: Open now until November 3, 2025, at 13:00 UTC—after this, profiles lock, and you won’t be able to connect additional wallets or accounts.

Early Reveal Mechanic: Users can open three “mystery boxes” over the next three days October 28–30 to uncover their allocation progressively. No rush—take time to verify everything.

Over 230,000 wallets across five main tracks users qualifying in multiple tracks get stacked allocations. Long-term members via manual review, social graphs, and tools like Monad Community Recognizer ~5,500 core users.

Onchain Users: Power users on EVM/Solana with high activity (e.g., DEX volume, NFT ownership). Broader engagement via social platforms and initiatives like Monad Cards.

Based on onchain/offchain data up to September 30, 2025. Anti-sybil measures were applied with Trusta AI—no team insiders are eligible. Total supply and airdrop size is 100 billion $MON total; airdrop portion TBA but speculated at 15–16% ~15 billion tokens, potentially worth $13.3M+ at a $450M FDV.

The Mystery Box system is Monad’s gamified, phased reveal mechanic for the $MON airdrop allocation checker. Launched on October 28, 2025, it allows eligible users to progressively uncover their token allocation over three days instead of seeing everything at once.Core Purpose of Mystery BoxesBuild suspense and engagement.

It encourages users to return daily and verify all connected wallets/accounts. Prevent spam/fake accounts from dumping allocations immediately. Give users time to audit their full eligibility.

All 3 boxes must be opened by November 3, 2025 @ 13:00 UTC. After this, your profile locks permanently — no more connections or edits.

One box per day. You cannot open all three at once. Must return daily. No rush to claim. Allocation is locked in — opening boxes just reveals it. Connect all wallets early EVM, Solana, socials — link everything before Nov 3 or lose credit.

What Happens After All Boxes Are Opened?Final allocation displayed (e.g., 62,300 $MON). Set claim wallet where tokens will be sent on mainnet. Wait for mainnet ? claim button activates. Some tokens auto-stakable via partners.

The Mystery Box is a 3-day reveal journey — not a lottery. Your allocation is pre-determined by activity up to Sept 30, 2025. Open daily, stack your boxes, and secure your bag.Official Portal: claim.monad.xyz. 3 days left to connect and reveal

MON is trading OTC at $0.05–$0.08, $0.077 on Hyperliquid/Lighter, implying ~$7.7B FDV. Visit the official portal https://claim.monad.xyz . Connect via Privy authentication, it supports EVM/Solana wallets, plus social logins like X/Twitter, Discord, Telegram, Farcaster, email.

Set your claim wallet to choose where you want $MON sent on mainnet. Open boxes reveal allocations day-by-day some may be “locked” until mainnet. Once revealed, review and confirm—gas fees apply on mainnet.

Use a secure wallet like OKX Wallet now integrated or Atomic Wallet for non-custodial holding. Triple-check connections; no private keys needed, but beware of phishing sites.

Allocation Tiers is community-based on early user reports and blog hints, allocations vary by activity level. Many testnet users report Tier 4+ eligibility from onchain activity alone, but social ties boost stacks.

If ineligible, it might be due to sybil filters—focus on genuine engagement. Mainnet and full claims is likely next week some allocations unlock immediately, others post-launch.

Stake $MON via partners like Kintsu for sMON yields, or trade on exchanges like KuCoin/MEXC once live. Excitement is high on X, with users sharing reveals. Pre-market volume hit $7.3M+ in 24 hours. If you’re eligible, congrats—this could be one of 2025’s biggest drops.

Western Union Announces USDPT Stablecoin on Solana, as BNB Foundation Completes 33rd Quarterly Burn

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An IMTO

Western Union, the 175-year-old global payments giant, revealed plans to launch its own U.S. dollar-pegged stablecoin called U.S. Dollar Payment Token (USDPT) on the Solana blockchain, with a target rollout in the first half of 2026.

This marks a significant pivot for the company, which serves over 100 million customers and operates 600,000+ agent locations worldwide, into the digital asset space to modernize remittances and reduce costs.

USDPT will be issued by Anchorage Digital Bank, the first federally chartered crypto bank in the U.S., leveraging its regulated custody and issuance infrastructure.

Solana was chosen for its high-speed, low-cost transactions—settling in seconds for sub-cent fees—making it ideal for small-value cross-border transfers.

Digital Asset Network: Alongside the stablecoin, Western Union is building an “innovative Digital Asset Network” to bridge fiat and crypto worlds. This will connect crypto wallets to its retail outlets, enabling seamless cash-ins and cash-outs globally.

 It addresses the “last mile” challenge in crypto adoption by providing real-world utility for digital dollars. Expected availability in early 2026, USDPT will integrate into Western Union’s payment network and be accessible via partner exchanges.

The move aligns with the GENIUS Act, signed into law earlier in 2025, which established the first federal framework for stablecoins in the U.S. This ensures compliance across markets, including Europe’s MiCA regime.

Strategic RationaleWestern Union CEO Devin McGranahan highlighted the initiative as a way to “own the economics linked to stablecoins” and evolve the company’s digital offerings, where wallets and account-based payouts already account for over 50% of transactions.

The company has been testing stablecoins for treasury operations to speed up settlements and cut reliance on traditional banking rails. McGranahan noted in July 2025 that stablecoins represent an “opportunity” for faster, more inclusive cross-border payments, especially amid surging digital adoption.

This builds on industry trends: Rivals like MoneyGram using USDC on Stellar and PayPal PYUSD, now at $2.7B market cap have already integrated stablecoins. Visa and Stripe also support multiple stablecoins for fiat conversions.

Solana’s appeal is evident—it’s now the choice for stablecoins from PayPal, Fiserv (FIUSD), and now Western Union—positioning it as a go-to for high-volume, low-friction payments. Western Union (NYSE: WU) shares rose 6.5% on announcement day, signaling investor optimism for new revenue from digital assets, though they’re down ~10% year-to-date.

Solana (SOL) traded around $194, down ~2% that day amid broader market dips, but the news underscores growing institutional traction. Stablecoins overall exceed $300B in market cap.

The announcement trended on X, with users like Solana Foundation’s Sheraz Shere celebrating it as validation for Solana’s payments ecosystem. Posts highlighted its potential to boost liquidity and crypto adoption, with some tying it to broader Web3 infrastructure projects.

Morning recaps from crypto influencers like @Tyler_Did_It called it a top story, linking it to ETF inflows and DeFi growth. This launch could reshape remittances—a $800B+ industry—by tokenizing transfers to avoid currency volatility and enable near-instant settlements.

For Solana, it reinforces its role in real-world finance, potentially driving more volume alongside meme coins and DeFi apps. Analysts see it accelerating stablecoin mainstreaming, especially in cash-heavy regions like Asia and Latin America, but challenges remain in varying global regulations.

BNB Foundation Completes 33rd Quarterly Burn: $1.66 Billion in Tokens Destroyed

The BNB Foundation announced the completion of its 33rd quarterly token burn on the BNB Smart Chain (BSC). This deflationary event permanently removed 1,441,281.413 BNB from circulation, valued at approximately $1.66 billion at current market prices (implying a BNB price of around $1,152 per token at the time of valuation).

The tokens were sent to a “blackhole” address (0x000…dEaD), making recovery impossible and ensuring true scarcity. The total circulating supply now stands at 137,738,379.26 BNB, down from previous levels. This moves the ecosystem closer to its long-term target of 100 million BNB, a goal designed to enhance token value through sustained deflation.

Quarterly Auto-Burn: Calculated algorithmically based on BSC block production and a fixed reference price from the ICO era ($0.1171). This burn was driven by network activity and adjusted for recent upgrades like Lorentz and Maxwell, which improved block efficiency.

In parallel, over 276,000 BNB have been burned via transaction fees since implementation, adding ongoing pressure. All transactions are verifiable on BscScan, with the burn executed directly on-chain for auditability.

BNB saw a 3.2% gain immediately post-burn, narrowing the gap with XRP for the #4 spot in market cap rankings. Broader market context includes Bitcoin at ~$115,565 (+3.5%) and Ethereum at ~$4,235 (+7.3%), with the Fear & Greed Index at a neutral 42.

The announcement sparked bullish chatter, with users highlighting increased scarcity and long-term value accrual. For instance Influencers noted the burn as a “deflationary shock” fueling momentum. Posts emphasized verification and the $1.66B equivalent, with one calling it “extremely bullish long-term.”

Token burns like this are core to BNB’s tokenomics, creating a feedback loop: higher network usage and price lead to larger burns, which in turn support price appreciation. This event underscores BNB Chain’s maturity, with consistent quarterly execution signaling reliability to investors.

Analysts speculate future burns could scale with activity, potentially accelerating the path to 100M supply. BNB burn is a deflationary process that permanently removes BNB tokens from circulation, reducing total supply over time. Its goal: increase scarcity ? drive long-term value.

There are two active burn systems working together: Quarterly Auto-Burn (Main Event) Once per quarter (every ~3 months). Formula: Burn Amount = (Blocks Produced in Quarter × Average Gas Price) ÷ BNB Price Reference

Total BSC blocks in the quarter. Average gas used per block. Fixed at $0.1171 (BNB’s original ICO price). It ties burn size to network activity (more transactions = more gas = bigger burn), while using a low fixed price to amplify the burn impact as BNB price rises.

BNB burns are automatic, transparent, and tied to real usage — one of the most aggressive deflationary models in crypto.

Crypto Market Liquidations Hit $500M+ Amid 2% Cap Dip, While 21Shares Eyes HYPE ETF Launch

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The crypto market is feeling the heat today, with over $500 million in leveraged positions liquidated in the past 24 hours as the total market cap slipped about 2% to around $3.2 trillion.

Bitcoin (BTC) dipped below $120,000, shedding roughly 1.8%, while Ethereum (ETH) and altcoins like Solana (SOL) saw sharper drops of 2-3%. This pullback comes amid broader risk-off sentiment, including anticipation around the Federal Reserve’s rate decision and lingering effects from earlier volatility tied to U.S. trade policies.

Long positions dominated the carnage, with data from Coinglass showing BTC longs alone accounting for ~$250M of the wipeout. Interestingly, this isn’t the mega-crash of mid-October when $19B+ vanished in a single day due to tariff shocks, but it’s a reminder of how leveraged trading amplifies even modest dips.

Over 800,000 traders got caught in the crossfire, mostly on platforms like Binance and Bybit. If you’re trading with leverage, keep stops tight—volatility could spike further if Fed signals lean hawkish.

21Shares Files for 2x Leveraged HYPE ETF

In brighter DeFi news, 21Shares submitted an S-1 filing to the U.S. SEC yesterday for a 2x Long HYPE ETF, aiming to deliver 200% of the daily returns for Hyperliquid’s native token ($HYPE).

This would be the first U.S.-listed leveraged ETF tied directly to a live DeFi protocol’s fees and perpetuals market performance—using swaps, futures, and options rather than direct token custody to amp up exposure.

The filing warns of volatility risks (e.g., holding beyond one day could lead to return decay), but it’s a bold play as Hyperliquid’s platform has boomed, processing billions in volume post its HIP-3 upgrade for user-launched perps markets.

$HYPE is holding steady around $46 today, up slightly despite the broader dip, buoyed by this news and Robinhood listings keeping it from sub-$45 support.

Analysts like Bloomberg’s Eric Balchunas call it “SO niche… but it could grow to a few billion” in AUM, drawing parallels to early smart beta ETFs. This joins filings from Bitwise spot HYPE ETF and VanEck, signaling a land rush for Hyperliquid products.

Approval could come by late 2025, potentially injecting fresh institutional liquidity into DeFi perps.If approved, expect this to supercharge $HYPE’s utility—think easier access for tradfi players to Hyperliquid’s Binance-rivaling ecosystem.

Bullish for DeFi adoption, but remember: leverage cuts both ways. HIP-3 transforms Hyperliquid from a curated decentralized exchange (DEX) into a fully permissionless infrastructure layer for derivatives markets.

In essence, it allows anyone—builders, DAOs, or institutions—to deploy their own perpetual futures markets (perps) directly on Hyperliquid’s core engine (HyperCore) without needing approval from validators or the protocol team.

This upgrade builds on Hyperliquid’s earlier proposals: HIP-1: Introduced the native $HYPE token standard. HIP-2: Enabled “Hyperliquidity,” a liquidity provision mechanism.

HIP-3 shifts the paradigm from centralized listing processes common on CEXs like Binance to a decentralized, open model, potentially capturing a slice of the $1.8 trillion global derivatives market by enabling on-chain trading of everything from crypto pairs to real-world assets (RWAs).

HIP-3 leverages HyperCore’s battle-tested infrastructure, which includes sub-second latency order books, a matching engine capable of millions of orders per second, and HyperBFT consensus for security.

Validators can slash stakes via stake-weighted votes for misconduct (e.g., faulty oracles, market manipulation). Slashing burns tokens to avoid conflicts. Open interest caps and isolated margin mode (cross-margin planned). Quote assets must meet on-chain standards or face disablement.

For $HYPE Token: Boosts utility and demand via staking/auctions/gas. Post-upgrade, TVL surged to $5.5B, and $HYPE rose 11-13% initially. Could lock 20%+ supply, supporting price floors and buybacks.

Creates a “flywheel”—more markets ? more volume ? more fees ? more staking. Positions Hyperliquid as the “AWS of liquidity,” rivaling CEXs amid competition from Aster and Lighter. Early adopters like Framework Ventures and Ethena are testing deployments.

New markets must self-bootstrap; low-volume ones could fail or suffer manipulation. HIP-3 is a bold step toward a “living derivatives ecosystem,” making Hyperliquid the go-to L1 for on-chain finance.

If it scales as projected, it could flip narratives around DeFi’s scalability and capture non-crypto volume. For devs eyeing deployment, check Hyperliquid’s docs for the Python SDK and API.

PayPal Partners With OpenAI, Embeds Digital Wallet in ChatGPT to Fuel AI Commerce Revolution

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PayPal has announced a landmark partnership with OpenAI to integrate its digital wallet directly into ChatGPT, enabling users to make seamless purchases through the AI platform.

The collaboration will introduce a “Buy with PayPal” button within ChatGPT, enabling secure and instant checkout experiences for both buyers and sellers.

This deal comes after the payments giant delivered strong third-quarter (Q3) 2025 Results, with broad-based profitable growth across branded experiences. In the report, PayPal disclosed that it is building for an agentic future, partnering with leaders such as Google, OpenAI, and Perplexity.

The recent integration of its digital wallet into ChatGPT positions PayPal as an early player in AI-driven e-commerce, giving it access to ChatGPT’s vast and growing user base, estimated at over 700 million weekly users. This move aligns with OpenAI’s broader strategy to transform ChatGPT into a commerce-enabled platform where users can discover, compare, and purchase products through conversational interactions powered by artificial intelligence.

PayPal’s CEO, Alex Chriss, speaking on the deal, emphasized the scale and trust underpinning the integration. “We’ve got hundreds of millions of loyal PayPal wallet holders who now will be able to click the ‘Buy with PayPal’ button on ChatGPT and have a safe and secure checkout experience,” Chriss said.

Beginning in 2026, users will be able to browse and complete purchases directly within ChatGPT using their PayPal digital wallets. Behind the scenes, PayPal will handle merchant routing, payment validation, and processing, simplifying integration for sellers. Merchants using PayPal will automatically gain access to ChatGPT’s e-commerce ecosystem without needing separate agreements with OpenAI.

PayPal CEO Chriss further highlighted the trust and security benefits of the partnership, noting that both buyers and merchants on PayPal’s network are verified, reducing fraud risks. Consumers will be able to use linked bank accounts, credit cards, or PayPal balances to pay for items, while also enjoying standard PayPal protections, including package tracking, dispute resolution, and purchase protection.

“It’s not just that a transaction can happen,” he added. “It’s that this is a trusted set of merchants, the largest merchant network in the world, from PayPal verified, with the largest set of verified consumers in a digital wallet.”

By embedding PayPal’s wallet and enabling “chat-to-checkout” flows, ChatGPT becomes not just an assistant for search or work, but a platform for direct e-commerce. This opens up a monetization channel beyond subscriptions. The partnership comes as OpenAI expands ChatGPT’s role in e-commerce, following similar deals with Shopify, Etsy, and most recently, Walmart. Also, as more platforms explore AI + commerce, OpenAI’s move helps it stay ahead of competitors and broaden the role of ChatGPT from pure conversation/assistance to commerce/transaction.

For PayPal, ChatGPT’s hundreds of millions of weekly users, will see the payments platform get exposure to a massive new audience for its wallet and payment services. The announcement has already triggered a strong positive reaction in PayPal’s stock, reflecting investor confidence in this strategic move. Notably, as commerce shifts toward conversational and AI-driven experiences, PayPal’s integration puts it at the Centre of that shift.

By embedding its wallet into ChatGPT, PayPal is positioning itself as a payments backbone for the next generation of agentic AI shopping, where conversational interfaces meet trusted financial infrastructure to make digital commerce more seamless and secure.