confirmation

Nick Tomaino, founder of 1confirmation, stated on the X platform that bringing real-world assets (RWA) on-chain will become an important direction for driving the next phase of development in the cryptocurrency industry and is expected to lead to large-scale consumer adoption. The core value of bringing RWA on-chain lies in enabling global users to access asset classes that were previously difficult to obtain. "Global accessibility" has always been one of the most attractive features of the cryptocurrency industry and is also a key reason for the success of crypto assets like Bitcoin and Ethereum.Nick Tomaino believes that crypto assets that drive new behaviors and are built on concepts that go beyond mere monetary value will continue to exist in the long term. However, as the market gradually realizes that the cost of creating tokens is close to zero, the model of relying solely on token issuance to drive price increases is difficult to sustain. The growth cycle of many "speculative tokens" is coming to an end, and the market will enter a new growth phase driven by tokens backed by real assets. Currently, stablecoins have become the most mature case of RWA applications, and in the coming year, the on-chainization of assets such as stocks, commodities, government bonds, corporate bonds, and real estate is expected to accelerate further.Nick Tomaino mentioned that on-chain physical collectibles (such as sports cards and jerseys) could become one of the most worthwhile directions for building and investing in RWA today. As the speculative-driven token cycle gradually recedes, on-chain assets supported by real assets and practical use cases will be key to attracting the next batch of users into the cryptocurrency market.

BIT stated in the latest weekly market observation that Bitcoin has recovered most of its decline from June last week, re-establishing itself above the 200-week moving average and entering the key confirmation range of $63,000 to $66,000.Ethereum's weekly increase is even stronger, indicating that this round of rebound has broader market participation.

In a letter to LP for Q2 2026, 1confirmation partner Nick Tomaino stated that the total cash dividends of the entire fund amounted to approximately $317 million, exceeding the total contributions of all funds of approximately $286 million.

Telegram founder Pavel Durov stated in a personal channel that TON leads in the final confirmation time of blocks among L1 chains. Data shows that TON's final confirmation time is about 0.6 seconds, faster than mainstream L1s like Avalanche (about 1 second) and BNB Chain (about 1.1 seconds), while Ethereum takes 13 minutes and Bitcoin about 1 hour.

The Chief Information Security Officer of Slow Fog Technology, 23pds, forwarded a message from the dark web intelligence account Dark Web Intelligence (@DailyDarkWeb), stating that the hacker group ShinyHunters claims to have infiltrated internal systems related to the Anthropic Mythos model and has shared screenshots of the user management panel, AI experiment dashboard, model performance, and cost analysis. The authenticity of this information has not yet been confirmed by Anthropic.Given that many companies have previously applied to trial the related models, if the news is true, it could pose indirect security risks to leading tech companies and those in the cryptocurrency industry.

According to Punchbowl, the hearing for Federal Reserve Chair nominee Waller is scheduled for April 21.

Wintermute stated that the market experienced two distinct phases last week: the first half of the week was driven by ceasefire expectations, with the Nasdaq rising 4.5%, Bitcoin up 2.6%, and the VIX falling below 20. Over the weekend, talks in Islamabad broke down, and the U.S. announced a comprehensive maritime blockade on Iranian ports, causing Brent crude oil to surge 8% in a single day, returning above $103, leading risk assets to give back their gains.On the macro front: U.S. March CPI rose 3.3% year-on-year, with core CPI slightly below expectations at 2.6%. The market believes this is still a concentrated energy shock rather than widespread inflation. Asian markets saw a slight decline overnight, with Nasdaq futures steady. The market's reaction to each new piece of news is weakening, suggesting that it may have priced in the worst-case scenario or is becoming complacent.In terms of crypto assets: Bitcoin closed up 2.6% last week but did not lead the gains. The price has been consolidating in the $65,000-$73,000 range for over two months. Bitcoin spot ETFs saw a net inflow of $22.3 million last week, while Ethereum ETFs continued to bleed, with outflows reaching $327 million year-to-date. Open interest in perpetual contracts has stabilized in the $28-30 billion range.Options traders' gamma exposure in the $68,000-$72,000 range indicates that hedging activities will amplify bidirectional volatility within that range. Wintermute believes that the ceasefire trade is dead, and the market is returning to an escalation trend. However, the market's reaction function is weakening. Confirmation of the reopening of the Strait of Hormuz could push Bitcoin to break above $75,000, while continued escalation may keep prices in a range-bound fluctuation with a downward tendency. The earnings season may partially shift market attention back to fundamentals, which could change the positioning behavior at the edges of the range.

Telegram founder Pavel Durov stated that The Open Network (TON) has completed a major upgrade, increasing block generation speed by 6 times, overall performance improved by about 10 times, and transaction confirmation time has been reduced to sub-second levels, achieving a "near-instant" transaction experience.TON officials stated that this upgrade is based on Catchain 2, and the previous confirmation time of about 10 seconds limited instant payments and application response experiences, while this upgrade will make it possible to "complete payments like sending messages." In addition, TON also stated that higher block generation frequency will enhance validator earnings and strengthen staking incentives. Pavel Durov called this upgrade the first step of the "Make TON Great Again" seven-step plan, with the next phase aiming to further reduce transaction fees by about 6 times.

According to Cointelegraph, the Ethereum client team is testing a mechanism called Fast Confirmation Rules (FCR), aimed at compressing the deposit confirmation time from L1 to L2 networks and exchanges to about 13 seconds, reducing it by up to 98% compared to existing solutions. This mechanism was proposed by Ethereum researcher Julian Ma.FCR determines whether a block can be considered confirmed by evaluating the validators' attestations, rather than relying on the traditional block depth counting method. Its operation is based on two premises: that network message propagation is fast enough, and that no single entity holds more than 25% of the staked ETH. Currently, most users rely on canonical bridges to complete asset transfers, which typically require waiting about 13 minutes; some exchanges and L2s have adopted "k-depth" confirmation rules to shorten the wait, but this method lacks formal security guarantees.FCR can be deployed without a hard fork, and nodes can independently enable it without the need for coordination across the entire network. Ethereum co-founder Vitalik Buterin expressed support for this, believing that the mechanism can provide "hard guarantees" for transactions within a single time slot (about 12 seconds) under specific network conditions. However, there are still voices of skepticism in the community, with some users concerned about whether its trust assumptions can hold up under network pressure. Currently, client and API integration work is still ongoing.

Ethereum co-founder Vitalik Buterin published an article introducing a new Ethereum fast confirmation rule mechanism. This mechanism allows users to receive a hard guarantee that Ethereum transactions will not be reverted (Non-revert) after just one Slot (12 seconds). Vitalik pointed out that the security of this rule is based on two premises: first, that the vast majority of validators are honest nodes, and second, that network latency is below approximately 3 seconds. Although its security is slightly lower than economic finality, it already possesses strong reliability for many application scenarios.

The Ethereum-based pre-confirmation network Interstate has completed a $1.5 million financing round, with participation from Marshland Capital, Taisu Ventures, Bloccelerate, Alpen Labs, GD1, MH Ventures, Alchemy Ventures, Legends Group, Waikit Lau, Sergey Gorbunov, and others.According to reports, Interstate is a company focused on cryptocurrency development, dedicated to enhancing the user experience of Ethereum by shortening transaction confirmation times.

Financial technology company Ruvo has completed a $4.6 million financing round, led by 1confirmation, with participation from Coinbase Ventures, Rebel Fund, Blast, Neer Ventures, First Check Ventures, and Mission Street Capital.Ruvo integrates Pix, stablecoins, bank transfers (ACH/wire), and Visa into a single application.

1confirmation announced that it has begun investing from its fourth fund (Fund IV) and will intensify support for the best early-stage crypto entrepreneurs.The firm stated in a declaration that they established the first crypto venture capital fund 10 years ago, firmly believing that cryptocurrency would empower people and bring more freedom to the world, "and this is happening. Looking forward to the next 10 years."

CryptoQuant indicates that the realized profit of Bitcoin has dropped to 2.5 million BTC, the lowest level since 2024, similar to the level at the start of the last bear market in 2022. Additionally, since 2023, Bitcoin holders have experienced a net loss for the first time, with a cumulative loss of 69,000 BTC since December. This marks a shift in market dynamics from profit-taking to loss confirmation over the past 30 days.

According to Jin Ten, Federal Reserve's Goolsbee stated that a rate cut from the Federal Reserve is expected this year, but data is needed to confirm the outlook.

According to Jinshi reports, U.S. Republican Senator Tillis stated that he will not confirm any nominees for the Federal Reserve, including the chair, until Powell's legal case is resolved.

1confirmation founder Nick Tomaino posted on the X platform, stating that prices are honest, while narratives are deceptive. The discussion around insider trading is quite complex; although insider trading is often viewed negatively, its essence is trading based on more accurate information. Allowing insider trading can help prices converge more quickly to their true value, benefiting the entire market and bringing more truth.Currently, the SEC prohibits insider trading in the securities market, theoretically to enhance public trust, yet Nancy Pelosi has made $130 million in the stock market during her 37-year political career. Meanwhile, the CFTC does not prohibit insider trading in commodities and futures in the same way, unless it involves fraud or manipulation; trading futures and commodities based on significant non-public information is legal. The development of prediction markets remains to be seen; those who wish to control the market will promote the harmful narrative of insider trading, but a free market and more truth are the better choices.

Delphi Digital posted on platform X that Solana is preparing for a major upgrade called Alpenglow. This upgrade is a complete overhaul of the consensus mechanism, aiming to achieve sub-second finality by replacing Tower BFT and Proof of History (PoH).Alpenglow introduces two new protocol components: Votor and Rotor. Votor replaces the incremental voting rounds of Tower BFT with a lightweight voting aggregation model. Validators can aggregate votes off-chain before submitting the final confirmation, allowing blocks to achieve finality within 1 to 2 confirmation rounds. This improvement reduces the theoretical finality delay to 100 to 150 milliseconds, shortening it by about 100 times from the original 12.8 seconds.Votor achieves finality through two parallel paths: when a proposed block receives over 80% of the total staked weight in the first round, it triggers fast confirmation and takes effect immediately; if the support rate is between 60% and 80% in the first round, it triggers slow confirmation, requiring a second round of voting to exceed 60% for final confirmation.Rotor reconfigures Solana's block propagation layer. The original Turbine propagation network relied on multi-hop relays with variable delays, while Rotor introduces a staked-weight relay path that prioritizes bandwidth efficiency. Validators with high stakes and reliable bandwidth will become core relay points. Simulation data shows that under typical bandwidth conditions, block propagation can be completed in as fast as 18 milliseconds. This upgrade is expected to be rolled out gradually, with an initial launch timeframe anticipated between early to mid-2026.