News

Foresight News reported, according to Cointelegraph, that Ethereum co-founder Vitalik Buterin stated on social media that the Ethereum network can handle temporary loss of finality without facing serious risks. This comment was made after a recent vulnerability in the Prysm Ethereum client, which nearly disrupted the blockchain’s confirmation mechanism.

Vitalik emphasized that what truly needs to be avoided is “finalizing the wrong block,” rather than occasional delays in finality. Experts generally support this view. Fabrizio Romano Genovese, a PhD in Computer Science from Oxford University, pointed out that loss of finality only temporarily changes Ethereum’s confirmation mechanism from deterministic to probabilistic, similar to how bitcoin operates.

Foresight News reported, according to The Block, that Superstate, a crypto-focused fintech company founded by Compound founder Robert Leshner, has launched a new blockchain-based service for conducting direct issuance programs on Ethereum and Solana. This service will enable companies to raise funds by issuing on-chain securities, including tokenized versions of their existing SEC-registered shares in the United States or new classes of shares. The first issuers are expected to go live in 2026. Investors will pay with stablecoins and receive tokenized assets.

Foresight News reported that Pheasant Network, under PG Labs, has completed a $2 million seed round of financing, led by mint, with participation from 90s and several individual investors. The Ethereum Foundation, Optimism Foundation, Polygon Labs, and multiple Layer 2 ecosystems also participated in the investment. This new funding will help the team accelerate the development of a smarter and more intuitive cross-chain experience, and integrate artificial intelligence into the core of decentralized finance (DeFAI).

Foresight News reported that Tether has announced the launch of QVAC Health, an AI-powered health and wellness application platform. The platform keeps data private, and the AI model runs entirely locally on the user's device. QVAC Health supports integration of data from sources such as Oura Ring, Apple Health, and Google Health, consolidating scattered health records into an encrypted offline dashboard. The app supports natural language logging of workouts and diet, and uses on-device computer vision to estimate meal calories. In addition, Tether has launched the QVAC SDK, enabling developers to build local intelligent applications that run on devices.

Foresight News reports that Aster has announced the complete removal of trading fees for stock perpetual contracts, with all orders now subject to 0% trading fees (including both Maker and Taker). Supported assets include a certain exchange. When trading stock perpetual contracts, Makers will receive point rewards, while Takers will not be charged any fees.

Foresight News reported that Ethereum treasury company ETHZilla announced an agreement with institutional-grade digital lending platform Zippy to acquire a total of approximately $21.1 million for a 15% equity stake in the company. The deal includes $5 million in cash, $14 million worth of common stock paid to Zippy, and $2.1 million worth of common stock issued to specific Zippy shareholders.

Zippy will assist ETHZilla in building an institutional-grade credit infrastructure layer to support its exploration of the mortgage market.

Foresight News: According to CoinDesk, blockchain infrastructure company TenX Protocols announced that it will be listed on an exchange on December 10, with the stock code "TNX." The company has completed over 33 million Canadian dollars (approximately 24 million US dollars) in financing this year, including 29.9 million Canadian dollars in subscription receipt financing related to the listing and 3.5 million Canadian dollars in seed round financing.

TenX stated that it will use these funds to purchase tokens of high-throughput blockchain networks such as Solana, Sui, and Sei, and participate in staking, while also investing in its own infrastructure products and services. Part of the financing was conducted through digital assets (including SOL, SEI, and USDC) at a price of 0.75 Canadian dollars per subscription receipt.

Foresight News reported that the Tether-backed payment public chain Stable has announced a partnership with African payment app Chipper Cash. Chipper Cash will integrate StableChain to support stablecoin and digital asset payments on its platform, optimizing Africa's cross-border payment experience through low-cost transfers and near-instant settlements.

Foresight News: The Japan Financial Services Agency (FSA) has released a report from its Financial System Council working group, planning to shift the regulatory framework for crypto assets from the current Payment Services Act (PSA) to the Financial Instruments and Exchange Act (FIEA), which primarily targets investment and securities markets. The proposal aims to strengthen IEO disclosure requirements, mandating the provision of issuer details and token allocation methods as pre-sale information, as well as conducting third-party code audits.

In addition, the new framework intends to introduce regulations against insider trading and unfair trading related to crypto assets, establish a penalty system, and grant regulators stronger tools to crack down on unregistered platforms, including overseas platforms and DEXs. It also recommends allowing banks and insurance companies to hold crypto assets for investment purposes, provided that a risk management system is established.

Foresight News reported that ProCap Financial (NASDAQ: BRR) announced on December 10, 2025, that its bitcoin holdings have reached 5,000, making it one of the major bitcoin-holding institutions in the public market. According to the announcement, the company currently holds over $175 millions in cash reserves to support its strategy and business operations. This transaction utilized a tax optimization plan, implementing a financial arrangement through book losses that may offset future gains.