🔥 BIG: Open Standard announces Open USD $OUSD, a stablecoin backed by 140+ partners including Visa, Stripe, Mastercard, BlackRock, Google and Coinbase.
Pre-orders for Grand Theft Auto VI will officially begin on June 25 on digital storefronts and at other select retailers.
Check out the official cover art, also available as downloadable artwork at https://t.co/XPwC8URCQ4
Weekly Recap
1) SEC approves Nasdaq rule to allow tokenized stocks & securities trading.
2) Senators reach deal with White House to resolve crypto stablecoin yield dispute with banks.
3) SEC and CFTC issue joint guidance confirming "most crypto assets" are not securities.
4) PayPal officially enables stablecoin access in 70 countries.
5) SEC Chair Paul Atkins says "crypto markets and the millions of Americans who participate in them deserve long-overdue clarity."
6) CFTC Chair Mike Selig says crypto will power the "new frontier of finance" as markets "move on chain."
7) SEC Chair Paul Atkins says he's eliminating impractical rules to "advance, clarify, and transform" financial markets.
8) US national debt reaches new all-time high of $39 trillion.
9) Elon Musk's xAI recruiting Wall Street bankers, portfolio managers, and traders to train Grok on financial modeling.
10) Fed Chair Jerome Powell warns rising energy prices from US-Israeli war with Iran will drive inflation higher.
Idolo
➢ $6900 from BERA
➢ $4200 from KAITO
➢ $13000 from NEWT
➢ $20000 from ERA
Community (Clickers)
➢ Not Eligible for BERA
➢ $25 from KAITO
➢ $54 from NEWT
➢ 19 ERA tokens but claim fees above $28
Idolo: I made so much money to my community
Community: Idolo......
@SuccinctLabs SP1-CC is a groundbreaking leap for @ethereum
This ZK coprocessor shatters EVM gas limits (15-30M/block) and unlocks historical state since 2023, verifying compute offchain at ~280k gas. A game-changer for DeFi, governance and beyond..
Imagine a decentralized insurance platform analyzing 2 years of data to auto-payout claims, SP1-CC processes it offchain, proves it onchain, saving millions in gas while ensuring trust.
What if we could scale the EVM without changing the underlying chain?
SP1-Contract-Call, a ZK coprocessor for Ethereum, unleashes the full power of the EVM.
And it's live now.
The convergence of @SuccinctLabs
' decentralized prover network and @cysic_xyz
's hardware acceleration is a tectonic shift for ZK infrastructure. With Cysic's GPU clusters and future ASIC integration, we're not just talking about incremental improvements; we're witnessing the birth of a new paradigm in real-time ZK proving. This partnership doesn't just scale proofs it redefines the latency and cost barriers that have historically constrained ZK adoption. For devs building on Ethereum, Polygon, or beyond, this means zkRollups, privacy layers, and co-processors can now operate at speeds that were once theoretical.
Watching closely as this collaboration likely catalyzes a broader ecosystem shift, potentially ushering in a new era of decentralized, privacy-preserving applications.
Gprove
The @ethereumfndn's post https://t.co/FbEulJPr69 (July 10, 2025), on real-time proving is a huge step for Ethereum’s scaling plans, and it screams big potential for @SuccinctLabs’ SP1 Hypercube. Here’s the deal:
Fast Proofs, Big Impact:
The post pushes for ZK proofs of Ethereum blocks in ~10 seconds (fitting the 12-second slot time). SP1 Hypercube nails this, proving 90% of recent blocks in that window. This could make Ethereum’s L1 faster and lighter while staying decentralized.
Home Proving for All:
Ethereum wants solo stakers to verify blocks with ~$100k hardware and low power (~10kW). Succinct’s super-efficient multilinear proofs are perfect for this, letting regular people keep Ethereum censorship-resistant.
Multi-zkVM Strategy:
The plan is to use multiple zkVMs for reliability. SP1 Hypercube’s 5x faster and cheaper performance makes it a standout, ready to power Ethereum’s ZK ecosystem.
Future-Proofing Ethereum:
The Foundation’s eyeing mandatory ZK verification in future forks. Succinct’s prover network could let devs build apps with verified execution, no trust needed, putting Ethereum on par with high-speed chains like Solana.
There’s still work to do on hardware and energy costs, but @SuccinctLabs is clearly a key player in making Ethereum’s ZK-powered future happen. This is exciting stuff! 🚀
@pumatheuma@jtguibas@advaith@0xCRASHOUT@fakedev9999
@heycape_@Yarm_AI@LukeAlwaysAwake@MitosisOrg Even if Vitalik or Elon follow them, I won't be participating in that shit again. I remember how @arbitrum used to tweet about Yappo every day, but in the end, they rugged, and I became their exit liquidity, lmao.