6 Important Crypto News/ Alpha from Last week

DeFi

Succinct unveiled SP1 Hypercube, a next-gen zkVM capable of generating zkps for ETH blocks in under 12 secs, a breakthrough toward real-time proving

VanEck announced PurposeBuilt, a fund designed to support RWA projects on Avalanche. It will be managed by the team behind VanEck’s Digital Asset Alpha Fund (DAAF).

Starknet introduced Broly, a Proof-of-Concept that lets users create Bitcoin inscriptions directly from a Starknet wallet, enabling devs to build inscription-powered dApps without Bitcoin’s complexity.

Solana mobile announced plans to launch its own token, SKR, and introduce its decentralized architecture called TEEPIN

Also, they confirmed Aug. 4 as release date for their crypto smartphone, “Seeker.”

Kraken plans to allow non-U.S. users to trade over 50 U.S. stocks and ETFs on the Solana blockchain, 24/7.

These tokenized assets, called xStocks, will be backed 1:1 by actual shares held by Kraken’s partner, Backed Finance, and will be redeemable for cash.

Set for the coming weeks.

Chainlink is now officially live on the Solana mainnet, giving Solana developers access to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), along with its Data Feeds and Data Streams.

Defi App Arena Season 2 went live some days ago

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