DeFi

Blockchain protocol Succinct has officially launched Stage 2.5, the final step before its much-hyped mainnet deployment. This milestone pushes the zero-knowledge proof platform to the brink of public release after months of rigorous testnet development.

Vitalik Buterin has a warning about digital identity systems: they're broken at their core. The Ethereum founder's latest analysis cuts through the usual privacy debates to expose deeper structural weaknesses in how digital IDs fundamentally operate. His critique arrives at a pivotal moment, as governments and corporations worldwide race to implement digital identity solutions.

Binance, through its investment arm YZi Labs, has made a strategic investment in MEET48—a Web3 idol entertainment platform—causing the project’s token price to surge and signaling Binance’s support for innovative, mass-adoption crypto projects.

Grove, a newly launched DeFi protocol, has secured a $1 billion investment from lending giant Sky to develop its real-world asset (RWA) business.