Ethereum Launches zkAPI as Base Rolls Out Cobalt
The weekly roundup also spans USDT on Bitcoin, proposed shutdowns at Balancer and Blast, and Visa Direct's stablecoin settlement link.
The weekly roundup also spans USDT on Bitcoin, proposed shutdowns at Balancer and Blast, and Visa Direct's stablecoin settlement link.
Existing Stylus apps and Solidity contracts remain operational, but developers cannot make newly activated Stylus code executable until the restriction is lifted.
Users can still withdraw after Oct. 26, but they will need to use bridge contracts on Ethereum rather than Blast’s normal interface.
The shutdown exposes a hard limit for smaller layer-2 networks: infrastructure and security costs persist even when users and fee revenue leave.
Users face a staged move back to Ethereum, while the shutdown tests the economics of a Layer 2 built around native yield.
Users are being asked to move assets to Ethereum mainnet by October 26, though Blast says its L1 bridge contracts will remain available afterward.
The risk concentrates in BIP39-seed, xprv-import, and 4.0.x Electrum wallets. The remedy is a fresh export, since upgrading the software does not recover key material already lost with old backups.
September's rally carried into DeFi and scaling tokens, pointing to broader altcoin risk appetite rather than a run confined to one sector.
The testnet gives developers a way to build beyond Dogecoin payments, but its security still depends on selected operators rather than DOGE miners.
The upgrade adds programmable transfer controls for B20 assets, while planned block-time cuts to 200ms point to Base’s next scaling priorities.
The rollout gives developers a live EVM environment, but Dogecoin does not yet verify DogeOS proofs natively; that capability depends on a proposed, unimplemented Core upgrade.
Spending rose even as recorded transactions and active addresses edged lower, while Base captured 27.5% of tracked on-chain volume.
Continuous block production did not prevent a roughly 40-minute collapse in successful transactions through busy apps, leaving the user-facing impact clear but its precise cause unresolved.
Robinhood Chain's fee total puts it among the leading networks by September activity, while PONS accounted for 39% of its fees.
Long-term indicators remain bullish, but weak momentum, slowing ETF buying and high Treasury yields leave the monthly close short of confirming a recovery.
The shift separates Bitcoin’s role as a national reserve asset from the dollar-based blockchain rails aimed at everyday payments.
The relaunch pairs private payments with infrastructure built to scale, as Ethereum’s roadmap puts greater emphasis on privacy and Aztec moves toward DeFi integrations.
The wallet shields activity after funds reach Aztec, but Ethereum deposits remain visible and the early Alpha release carries strict limits and security risks.
The agreement lifts Space Network’s commercial pre-orders to $150M and supports its planned expansion from four satellites to about 230 by 2029.
Udon starts the integration, but the 50,000-payments-per-second target remains a long-term goal and Tachyon still needs development and a security review.