Crypto News. July 25, 2025
Vare Crypto News is live ft MegaETH, Cap Stablecoin, BOB, Dragonfly, EigenLayer labs, Risczero, Boundless
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DeFi
MegaETH DeFi and Cap Stablecoin have announced the integration of USDC into the Cap Stablecoin Network (CSN), enabling users to mint cUSD 1:1 with USDC and swap seamlessly across all CSN dollar assets, powered by Aave and managed by Yearn vaults for yield; this follows after their recent partnership with PayPal.
BOB becomes a Hybrid zk Rollup, combining zk finality, and optimistic rollup efficiency, they teamed up with RiscZero, Boundless helping them with zk fraud proofs and rollup infra Conduit. This advanced BOB to Stage 0 on L2Beat, ahead of its upcoming Security Council launch.
US govt is considering charges against Dragonfly VC for investing in devs behind Tornado Cash, PepperSec Inc in Aug 2020
Eigen Labs has launched Multi-Chain Verification (ELIP-008), now live in public preview on Base Sepolia, enabling AVSs to deploy beyond ETH L1 with streamlined integration and lower costs. Mainnet rollout next
