Defi
NEBRA is launching Universal Proof Aggregation, a technique that allows multiple, separate zkps to be combined into a single, compact proof to save on blockchain verification costs.
Makerdao stops wBTC as collateral after wBTC custodian, Bitgo shifts custody from the U.S. to multiple regions, including Hong Kong and Singapore, in partnership with BiT Global.
EigenLayer is adding permissionless token support on their protocol allowing any ERC20 token to be restake
Wormhole released its updated roadmap, introducing Era3 with UX/UI improvements, new products for streamlined development, and Wormhole Institutional to attract institutional players to the crypto ecosystem.
Manta Pacific announce that they’re the first L2 to support multiple Data Availability framework by integrating with Celestia, Nuffle Labs, EigenDA, 0G, Nubit, and Dill
Superstate announce integration of Chainlink Data Feeds into Superstate tokenized treasury fund, the Superstate Short Duration US Government Securities Fund (USTB)
Optimism looks to build a solution to connect all chains in the Superchain. They say: “The Superchain needs to feel like one chain”
Built with Gelato and Arbitrum Orbit, Aleph Zero launched Aleph Zero EVM an L2 that will bring EVM-compatible ZK-privacy and rely on the Aleph Zero WASM L1 as DA
Squad Labs introduces the Squads Policy Network (SPN) powered by Jito Restaking. SPN lets users customize policies, set dynamic thresholds, create whitelists, and define spending limits.
Metis unveil $4M annual incentive program to boost dapp development on Metis in partnership with Gitcoin etc
KelpDAO releases new product Gain on mainnet, it’s vault for airdrop aggregation for major LSTs etc
Solana restaking protocol, Solayer goes live on mainnet
Renzo has partnered with the Jito Foundation to enter the Solana liquid restaking space and plans to launch the ezSOL token on Jito next month.
Cronos Labs launches Cronos ZkEVM on Alpha mainnet
Coinbase tease cbBTC launch
Offchain labs launches Tandem, a studio to support blockchain teams with their resources
Cross-chain liquid staking protocol for the Interchain— Drop is now live on mainnet built as an Integrated Application on Neutron and led by former Lido DAO contributors and P2P, liquid stake ATOM for dATOM
Crypto custodian— Copper partners with HBAR foundation to provide custody services for token, HBAR. Clients will be able to defi/validate HBAR token from Copper MPC wallet and defi platform— Copper Connect
Arbitrum DAO approves Arbitrum staking— stARB, focused on increasing Arb utility. ARB holders can now stake and delegate their tokens in exchange for a liquid staked token: stARB
Aurora Labs has released a Bitcoin light client and relayer, creating a bridge between the Bitcoin network and the NEAR protocol.
ICP has integrated Threshold-Schnorr signatures, allowing projects to handle Taproot assets and connect with ed25519-based chains like Osmosis and Solana.
Sonic labs announce Andre Conje as CTO
OlympusDAO has begun a buyback-and-burn of OHM using DSR yield from its DAI dominated $181M treasury, amounting to $83K per week.
deposit sUSDe to mint DYAD. 80% yield on USDC-DYAD stable pair
Obol Contributions are now live. Stake in Vaults with Obol DVs to secure ETH and earn Obol points
Aave DAO is now distributing ARB rewards to GHO depositors on Arbitrum, with bi-weekly emissions to maintain deposit APR before transitioning to a longer-term distribution schedule.
Rebar unveils product to protect BTC users against MEV attack. Rebar shield will use a private mempool to send transactions to participating mining pools, preventing malicious MEV attacks like front-running and sniping.
Pyth’s pull oracle will offer high-fidelity, real-time prices to TON blockchain
Grass completes Snapshot at Epoch 7, airdrop to come afterward
HTX global launches sunpumpmeme for easy creation of memes and direct access to HTX listing if you can maintain a $10M vol for consecutive 3 days
Injective integrates with Ton to power INJ assets on Ton and Ton assets on Injective
TON ventures raise $40M to support early stage crypto projects on TON
Dydx new upgrade will allow users to create token markets without governance approval by depositing USDC into the MegaVault liquidity pool.
Chainlink Data Streams and Chainlink VRF, products have gone live on Base
Essential secures $11M in Series A led by Archetype to create a declarative blockchain— uses constraints for state updates, addressing issues like uncertain outcomes, failed transactions, MEV, and high slippage.
Sahara AI raises $43M from Binance, Sequoia etc to democratize AI and make it accessible for all
Rhinestone, an infrastructure provider for modular smart accounts, raised $5 million in a seed round led by 1KX to accelerate the ERC-7579 smart account and module ecosystem.
State of the Market
Japan PM Fumio Kishida to step down next month
MětǎMâ$k launch debit card in partnership with Mastercard exclusively on Linea
Binance has completed registration with India's Financial Intelligence Unit (FIU-IND), following a $2.2M fine for unauthorized operations. Making its website and app fully accessible to users in India
Ze end 🐍