Crypto News. May 21, 2025

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DeFi

Succinct unveils SP1 Hypercube, a next-gen zkVM capable of generating zero-knowledge proofs for Ethereum blocks in under 12 seconds—a breakthrough toward real-time proving.

Kraken is expanding its derivatives business in the EU through a newly acquired, regulated entity based in Cyprus.

Earlier this year, Kraken secured a Markets in Financial Instruments Directive (MiFID) license by acquiring a Cypriot investment firm, allowing it to offer derivatives across the EU.