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Quick Take Summary is AI generated, newsroom reviewed. Vitalik Buterin supports Steak ’n Shake pausing its ETH vote, calling it a principled move. Bitcoin community pressure led to the halt, citing BTC’s superior Lightning performance. ETH averages 15–30 TPS with $3–$10 fees; BTC Lightning offers faster, cheaper payments. Steak ’n Shake processed 120,000 BTC transactions since May 2025 via BitPay. The pause underscores ideological divides shaping crypto merchant adoption in 2025.References X Post Reference
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- 07:12Six related addresses spent approximately $4.29 million to purchase UNI, LDO, and SUSHIForesight News reported, according to monitoring by Onchain Lens, six wallet addresses possibly linked to the same entity spent 1,130 stETH, worth approximately $4.29 million, to purchase 626,778 UNI, 86,807 LDO, and 885,933 SUSHI.
- 07:12Vitalik: Respect to Steak'n Shake for pausing the vote on whether to accept ETH payments due to attention to the Bitcoin community's opinionsForesight News reported that Ethereum co-founder Vitalik Buterin commented on Steak'n Shake's decision to suspend the vote on whether to accept ETH payments due to concerns from the Bitcoin community, stating, "This is a good decision, and I respect it. Not every business should try to attract as many customers as possible in the name of 'not being extremists.' We need those who are steadfast, who firmly believe in their cause and community, and who see their work as an act of love for it."
- 07:12Steak'n Shake suspends voting on whether to accept ETH payments, citing concerns about opinions from the Bitcoin communityForesight News reported that American fast-food chain Steak'n Shake has suspended the vote on whether it should accept ETH payments, stating that it is paying attention to the opinions of the Bitcoin community and emphasizing loyalty to Bitcoin supporters. Previously, Steak'n Shake posted a poll on X asking, "Should Steak'n Shake accept ETH payments? We will follow the results of this survey." At the time of publication, 51.4% voted in favor and 48.6% voted against.