Alpha V65

DeFi

Risczero introduce Boundless, the verifiable compute layer, it’ll be powered by zkps to enable blockchains to verify the correctness of computations without re-execution.

Private messaging platform, Prism introduces itself as far more private messaging than Signal with Celestia underneath

Celestia rolls out Lemongrass, their inaugural mainnet upgrade, featuring:

- A baseline gas price to cut down spam

- Rapid data transfer using Packet Forward Middleware

- Streamlined upgrades thanks to a new signaling approach

- Enhanced cross-chain operations with Interchain Accounts

- Easier setup by turning off the Blobstream module

Google Cloud launch Ethereum-compatible RPC service

Noble and Monerium partner to bring euro backed stablecoin on Cosmos

IoTeX integrated into Polygon Agglayer

Lens choose Avail for DA

Securitize partner with wormhole to deliver crosschain RWA to BlackRock and other institutional funds

Blackrock and Microsoft to launch $30B AI fund

Sol restaking protocol Solayer announce Yield bearing stablecoin SUSDC restaking in partnership with RWA OpenEden

Solana Token49 conference in Singapore, and there were many updates.

Frankendancer (Firedancer networking with Agave runtime) goes live on Solana mainnet and Firedancer on testnet. Except SOL Client diversity and 1M TPS.

Franklin Templeton plans mutual fund with Solana

Solana unveils new mobile phone, Seeker to launch next year

ZetaMarket announce Solana L2– Bullet

Magic Eden adds optional royalties for EVM-based creators

Light protocol enables zk compression on Solana mainnet beta

Build on Bitcoin announce BOB Stake, a one-click portal for Bitcoin liquid staking

L1 designed for Multichain orchestration, Agoric partnered with modular RWA issuance chain, Noble to build fast USDC, it’ll reduce USDC transfer times from Ethereum and EVM-compatible chains to the Cosmos from up to 20 minutes to under 2 minutes

GMX enables ‘Kink' Borrowing Model on all markets, boosting available liquidity by 30-40% to allow institutional investors access better liquidity with them

Flare Network upgraded its data oracle to launch FTSOv2, a decentralized data oracle that selects data providers every 1.8 seconds using a manipulation-resistant randomness algorithm for submitting fixed incremental updates

1inch unveil Fusion+, a cross chain swap with MEV protection and fast

Privacy chain, Oasis launch Rose token liquid staking In partnership with Accumulated finance

Threshold tBTC becomes first BTC restaking asset on EigenLayer

Rise chain announce $3.2M seed round led by Finality cap with other investors like Vitalik, Sandeep etc. They aim to be the fastest L2

Zk proof generation layer, Fermah announce $5.2 million seed round, co-led by the a16z CSX fund and Lemniscap

AI protocol, Vana announce $25M total funding led by Coinbase, Polychain and Paradigm

Permissionless labs close $10M round led by Multichain. They’ll use it to build Pipe network, a Content Delivery network that’ll use tokens to incentivize people hosting internet infrastructure

LayerZero launch IzCatalyst, a $300M initiative to power omni-chain app development on its eco by connecting teams building on L0 to VCs

Logx announce $4M raise bringing total funding to $10.1M. Investors like Hashed Emergent, Cumberland VC participated

Aethir and XAI launch $10M ecosystem grant to onboard AI-powered AAA games and gaming studios

Velar, BTC defi protocol, launch beta version of PerpDex on Build on Bitcoin (BOB), PerpDEX is a Bitcoin-native perpetual swaps decentralized exchange, it’ll offer traders up to 20x leverage

Clearing layer to solve chain abstraction, Everclear is now live on mainnet beta

Euler announce a new stablecoin— Maxi, which will be yield-bearing and backed by a diverse mix of assets such as treasury bills and other fiat-backed stablecoins

Sky formerly MakerDAO is bringing USDS (DAI) to Solana with incentive program with rewards in $SKY (MKR)

Binance invests in RWA protocol— OpenEden, their tokenized U.S. T-Bill Fund is the largest outside the U.S. and the first to receive an "A" rating from Moody’s

Powered by Wormhole and LIFI, native cross-chain swaps & transfers from Mayan Finance now integrated into Phantom

Hedera launched its open-source Asset Tokenization Studio, enabling the on-chain configuration, issuance, and management of tokenized bonds and equities, unlike the off-chain management required by the ERC-1400 standard for security tokens

Stacks announce plan to integrate into Aptos

State of the market

MicroStrategy plans to issue $700M in convertible senior notes, with $500M allocated to redeem an earlier tranche of notes

Bitgo unveils new Token management product for crypto foundation. Worldcoin, LayerZero, SUI and ZetaChain are among their first customers

Circle USDC now supports real-time conversions for Brazilian Reals and Mexican Pesos

Bitget signs 8fig deal with LaLiga

US Federal reserve cut rate by 50 BPS

Bullish Q4. Investors can borrow with ez against dollar. Weak dollar, bullish assets

Ze end 🐍