Gate News Bot reports that on August 7, according to CoinMarketCap data, VELVET (Velvet) is currently priced at $0.10, which is a rise of 117.68% in the last 24 hours, with a high of $0.10 and a low of $0.04. The current market capitalization is approximately $24 million, an increase of $13 million compared to yesterday. Velvet is a DeFi trading and portfolio management operating system, driven by intention and AI. It offers a smart execution engine that allows users to trade any token like professionals, access top DeFi protocols with one click, and explore or create high-performance portfolios. Whether looking for the next 100x return opportunity or compounding yields in the treasury, Velvet is dedicated to making DeFi seamless and smooth. Currently, there are over 25,000 users on V

Gate News Bot news, on August 7, according to CoinMarketCap data, PROVE (Succinct) is currently priced at $1.07, with a rise of 7.91% in the last 24 hours, reaching a high of $1.54 and a low of $0.58. The 24-hour volume is $1.207 billion. The current market capitalization is approximately $210 million, an increase of $15.4 million compared to yesterday.

According to ChainCatcher news and reported by FinanceFeeds, Tether co-founder Reeve Collins is collaborating with former Blackstone Group executive and CC Capital founder Chinh Chu to raise $1 billion through the special purpose acquisition company (SPAC) M3-Brigade Acquisition V Corp to launch a publicly traded Crypto Assets reserve fund. The fund will focus on a diversified portfolio of leading Crypto Assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), aiming to surpass speculative trading and achieve stable, long-term exposure to digital assets. By adopting a SPA structure, the plan aims to accelerate its market entry and provide transparent fund access through the public market.

Tether co-founder Reeve Collins is collaborating with former Blackstone Group executive Chinh Chu to raise $1 billion through SPAC M3-Brigade to launch a crypto assets reserve fund, focusing on investments in Bitcoin, Ethereum, and Solana, aiming for stable long-term digital asset returns.

Gate News bot message, according to the Technical Analysis data from CoinDesk Research, despite the escalating tensions between Israel and Iran, Bitcoin (BTC) has rebounded in a V-shape to over $105,000, with strong ETF inflows and the key support level of $103,650 highlighting institutional confidence amidst market fluctuations.

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Gate News Bot message, August 6th, according to CoinMarketCap data, as of the time of writing, PROVE (Succinct) is currently priced at $0.98, with a rise of 8.12% in the last 24 hours, peaking at $1.13 and dropping to a low of $0.58. The 24-hour volume reached $448 million. The current market capitalization is approximately $192 million, an increase of $14.44 million compared to yesterday. Succinct is a decentralized prover network aimed at making zero-knowledge technology simple and easy to use. The project has generated over 5 million proofs and established partnerships with over 35 partners, protecting a total locked value of over $4 billion. Succinct offers SP1 (the world's fastest RISC-V zkVM) and Prover Network (decentralized.

Odaily News According to official news, EigenCloud announced that on the occasion of Ethereum's tenth anniversary, EigenDA V 2 has been launched on the Mainnet. It is reported that EigenDA V 2 has reduced latency by 60 times, with an average latency of 5 seconds.

Gate News Bot news, on July 30th, according to CoinMarketCap, as of the time of writing, SPK (Spark) is currently reported at $0.11, rising by 21.47% in the last 24 hours, with a maximum of $0.19 and a minimum drop to $0.08. The current market capitalization is approximately $120 million, an increase of $21.1 million compared to yesterday. It currently ranks 324th in the market capitalization of Crypto Assets. Spark is a DeFi protocol focused on stablecoin yields. Users can earn a 4.5% yield on stablecoins through Spark Savings, which can be withdrawn anytime as USDC, USDS, or DAI, with no slippage and platform fees. Spark also offers SparkLend lending services, where users can borrow USDC and USDS, with transparent interest rates determined by governance. SPK is Spa

Odaily News VCI Global Limited, a Nasdaq-listed company, announced that it has signed a final agreement to acquire the Malaysian licensed fund management company V Capital Fund Management Limited. It is reported that VCI Global will utilize the obtained license to launch VCIG.

According to Jinse Finance and Bloomberg, former Blackstone Group executives are collaborating with Tether co-founder to raise $1 billion through the SPAC company M3-Brigade Acquisition V Corp. to create a publicly listed digital asset reserve company. The platform plans to hold a diversified portfolio of digital assets including Bitcoin, Ethereum, and Solana. Sources indicate that the fundraising is still ongoing, and related details have not yet been finalized.

BlockBeats news, on June 26, according to Bloomberg, former private sale giant Blackstone Group's trading matchmaker is collaborating with Tether co-founder, a leader in stablecoins, to establish a publicly listed crypto fund with a scale of 1 billion USD, aiming to build a diversified digital asset portfolio. According to informed sources, the fund is raising capital through the SPAC (special purpose acquisition company) M3-Brigade Acquisition V Corp., which is supported by both parties, and plans to allocate various crypto assets including Bitcoin, Ethereum, and Solana. Due to the confidentiality of the negotiations, these individuals requested anonymity. The fundraising is still ongoing, and specific details, including the 1 billion USD target, may still be adjusted.

Gate News bot message, according to CoinDesk's report, Bitcoin rebounded after a big dump last weekend, once again sparking debate on whether it is maturing into a true safe-haven asset or simply reacting to macroeconomic Favourable Information and ETF-driven fund flows. Gadi Chait, investment director at Xapo Bank, said: "The status of Bitcoin as a safe-haven asset is still evolving. After falling to around $90,000, it rebounded in a V shape to above $105,000 in less than 48 hours, highlighting its enhanced Liquidity and integration with mainstream investment portfolios."

PANews reported on June 25th that Matter Labs, a company from ZKsync, unveiled a new type of Zero-Knowledge Proof tool called 'Airbender' at the Permissionless conference. This proof tool is built on the RISC-V architecture and can complete ETH Block verification in 35 seconds using a single GPU, significantly faster than similar products. The CEO of Matter Labs stated that this breakthrough will reduce Transaction Cost to less than 1 cent, suitable for high-frequency trading, small payments, and Decentralization social scenarios. Currently, Airbender is still in the early stages of release, but Matter Labs has deployed an application for easy testing. If everything progresses as planned and the ZKsync governance process is approved, Airbender will be included in the protocol upgrade by the end of this summer.

Jinse Finance reported that the second layer of ETH, ZKsync, announced the launch of the Open Source RISC-V zkVM 'ZKsync Airbender', which supports rapid verification of ETH transactions on a single GPU. For example, 'ZKsync Airbender' can achieve a basic verification speed of about 21.8 MHz on the H100 GPU, about 3.45 MHz on the SP1 Turbo, and about 1.1 MHz on the RisZero. This means that ZKsync OS (ZKsync's zkEVM execution environment) can achieve end-to-end ETH Block proof on a single GPU within 35 seconds, thereby reducing on-chain costs. It is reported that ZKsync Airbender has completed internal audits and is currently in the early testing phase.

Gate News bot, QCP said in its latest market analysis that the unexpected increase in the number of job openings ahead of Friday's key non-farm payrolls data boosted risk sentiment, and the S&P 500 index approached the psychologically important threshold of 6,000 points. Stable non-farm payrolls data will reinforce the Fed's rhetoric about the resilience of the labor market and reinforce expectations that interest rates will remain unchanged. On the trade front, markets remain on the sidelines ahead of the expected US-China talks. Bitcoin's front-end volatility has retreated, with the spot price hovering around the familiar $105,000. BTC continues to be range-bound, with thin positions and normalized skewness, indicating a lack of directional belief. Since May, the volatility curve has flattened from mid to late periods, echoing a similar decline in the Volatility Index (VIX) and sparking opportunistic long Vega trades. Notably, the premium on the $130,000 call option has risen to 47v in September, suggesting that there will be some upside in the market heading into Q3. Looking ahead, the third quarter is likely to be more challenging. Tariff-related impacts are likely to start to trickle down into macro data, while fiscal risks around the Big Beautiful Act (BBB) and the debt ceiling could create potential overall volatility. In the absence of a clear catalyst, Bitcoin is unlikely to break out of the current range significantly.

The Kakarot project announced the completion of a full implementation of the Ethereum Virtual Machine and plans to prove Ethereum Layer 1 blocks in real-time using the STARK proof system. Built using the Cairo language, it provides an independent zero-knowledge proof solution. The project can generate block proofs in 8 seconds, better than Ethereum's 12-second block time. By avoiding reliance on mainstream solutions, it has constructed an alternative for generating zero-knowledge proofs for Ethereum blocks. The team responded that they are not in a hurry to transition to RISC-V.

$MOZ

Gate.io News bot message, Polkadot has launched a smart contracts execution environment supporting RISC-V on the AseetHub Westend Testnet. Developers can now use Solidity to develop on Polkadot, and the contracts will run on the new PolkaVM execution engine. The RISC-V architecture features a clear structure and predictable execution behavior, making it suitable for conversion into zero-knowledge proof circuits. This architecture supports contract development using languages such as Rust and C in conjunction with the LLVM compiler, while also providing foundational support for building the execution layer of a "ZK native chain". Source: Yuki

Gate.io News bot message, Ethereum founder Vitalik has proposed a new plan to replace the existing Ethereum Virtual Machine (EVM) with the RISC-V architecture. The proposal is currently under early discussion, and full implementation will take several years, involving multiple aspects such as technical development, community consensus, and ecosystem adaptation. This proposal aims to strengthen the Ethereum infrastructure to address the competition in performance brought by public chains like Solana and Sui. After adopting the RISC-V architecture, Ethereum will reduce its reliance on precompiled contracts while optimizing the Gas billing model to better align with the cost structure of zero-knowledge proofs. Vitalik pointed out that the RISC-V solution does not exclude other Virtual Machine technologies, and in the future, the interpreter mechanism can also integrate Move, WASM, and other virtual machines to create a diversified execution environment.

Fireverse announced that V-BOX, the world's first AI music DePIN node, has officially opened its pre-sale, limited to 50,000 nodes at a price of $500. Purchasers can receive an airdrop of $FIR tokens with a total value of 500 USDT and enjoy multiple rewards by staking $FIR tokens. The staking limit is 2,000 $FIR/node, and you can choose to lock up for up to 360 days to enjoy 250% annualized returns, and enjoy exclusive token subscription rights.

Gate will hold a live copy trading event and invite experienced lead trader in copy trading Shawn's team v玥玥 to share in an AMA. The topic will involve arbitrage and survival rules in a down market, and the audience will have the chance to receive contract experience coins and cash gift coins benefits. Participants need to complete KYC2 verification, and the event represents personal views only. Gate provides secure trading services, and users can sign up for an account to receive welcome rewards, and inviting friends to register can also earn commissions.

Odaily News  Famous trader Ansem stated in a post on X that unless there are specific news events that could change the current situation, whether it be a shift from The Federal Reserve (FED) or a tariff reduction, there will be no V-shaped reversal under the current market conditions. Regarding these two scenarios, it is better to passively respond after the news appears rather than proactively predict the outcome.

The developer of the stablecoin issuance protocol usdx.money, Stables Labs, has launched on the Base network, collaborating with Axelar and Squid to provide cross-chain access for USDX and sUSDX. Future plans include cross-chain integration, liquidity building, and community activities.

Gate News Bot news, on July 21, according to CoinMarketCap data, as of the time of writing, CKB (Nervos Network) is currently priced at $0.0064, with a rise of 43.51% in the last 24 hours, peaking at $0.0074 and dipping to a low of $0.004. The current market capitalization is approximately $299 million, an increase of $90.7 million compared to yesterday. Nervos Network is a modular blockchain network designed to provide exceptional security, decentralization, flexibility, and interoperability. Its foundational layer CKB (Common Knowledge Base) is based on the RISC-V architecture and uses a proof-of-work consensus mechanism, making it the most flexible and interoperable blockchain available in the market today. CKB is the first fully Bitcoin-homomorphic Layer2 solution.

The Ethereum Foundation will focus on L1 scaling, L2 support, and user experience optimization, including upgrades to protocols such as Pectra, Fusaka, and Glamsterdam. Vitalik Buterin is shifting towards research promotion, concentrating on RISC‑V, zkVM, and privacy, emphasizing that proposals must undergo community discussion and scrutiny, aiming to accelerate breakthroughs for the future of Ethereum.

The Executive Director of the Ethereum Foundation stated that the goal is to give Vitalik more time to research and explore, promote development, and reintegrate core values. Major issues are raised to encourage open discussion and research. Focus is placed on addressing user experience and scalability challenges, aiming for short-term goals. At the same time, exploration is underway to complete future projects in three to five years ahead of schedule to assist with early project delivery.

Tom Lee, chairman of the Ethereum treasury company, stated that despite the market rebound, investors still do not believe in the authenticity of the market trends; however, this has actually promoted the pump of encryption assets. He believes that the current market rebound is underestimated and predicts that the Fed's interest rate cuts could push Bitcoin to $250,000. At the same time, Lee pointed out that the legal clarity and technical stability of Ethereum will drive its application in TradFi.

PANews June 28 news, according to Ethereum co-founder Vitalik Buterin's retweet on the X platform, the Ethereum client Geth v.1.16.0 has released an archive node based on PBSS, which means users can have a Geth archive node within approximately 1.9 TB of space (previously required over 20 TB of storage capacity), while also being able to query historical states (for example, what the balance was at Block X), but currently cannot provide proof for historical states.

Ethereum co-founder Vitalik Buterin pointed out in a blog post that Ethereum aims to become the "world ledger," emphasizing the importance of protocol simplicity. He proposed suggestions for simplifying the consensus layer and the execution layer, including adopting a new consensus layer called "Beam chain" and replacing the EVM with RISC-V. He advocated for setting a "maximum line of code target," striving for Ethereum's key code to approach the simplicity of Bitcoin, and emphasized the principles of choosing simple solutions, encapsulating complexity, and adopting verifiable attributes and guarantees in design decision-making.

According to BlockBeats news, on May 3rd, Ethereum co-founder Vitalik Buterin published a blog post stating that Ethereum's goal is to become the "world ledger": a platform for storing civilizational assets and recording the foundational layers of finance, governance, high-value data verification, and more. This requires two things: scalability and resilience. The goal of this post is to focus on an extremely important yet often underestimated aspect of resilience (which ultimately relates to scalability): the simplicity of the protocol. One of the greatest things about Bitcoin is its extremely simple and elegant protocol design, and maintaining the simplicity of the protocol helps Bitcoin or Ethereum become a credible, neutral, and globally trusted infrastructure layer. In the past, Ethereum has often fallen short in this regard, and this article will discuss how, over the next five years, Ethereum can become nearly as simple as Bitcoin. Simplifying the consensus layer: a new consensus layer (formerly known as

The founder of ZKsync stated that Ethereum serves as the moat of the world computer due to the network itself and should become the secure foundational layer for decentralized blockchain networks in the future. The team will make a major announcement in the next two weeks.

Gate will host a live copy trading event and invite experienced lead trader in copy trading Shawn's team v玥玥 for an AMA session. The topics will cover arbitrage in a down market and survival rules, and the audience will have the chance to win contract experience funds and cash gift coins. Participants must complete KYC2 verification, and the event represents personal opinions only. Gate provides secure trading services, and users can sign up for an account to receive new user rewards, and earn Commission by inviting friends to register.

Jin10 Data reported on August 1st that Innosilicon (02577.HK) announced that it has recently reached a cooperation agreement with global AI technology leader NVIDIA to jointly promote the large-scale implementation of 800VDC (800 Volt Direct Current) power architecture in AI data centers. This architecture is a new generation power system specially designed by NVIDIA for future efficient power supply megawatt-level computing infrastructure, which has significant advantages in system efficiency, thermal loss, and reliability compared to traditional 54V power supplies, and can support a 100-1000 times increase in AI Computing Power.

Gate News Bot news, August 1, according to CoinMarketCap, as of the time of publication, SPK (Spark) is currently priced at 0.10 USD, having pumped 11.56% in the last 24 hours, reaching a high of 0.13 USD and a low of 0.08 USD. The current market capitalization is approximately 113 million USD, an increase of 11.7 million USD compared to yesterday. Spark is a blockchain-based asset allocation platform that is dedicated to intelligently deploying capital across DeFi, CeFi, and physical assets, building the most advanced and scalable yield engine in the DeFi space. Spark's core consists of two pillars: liquidity deployment and on-chain solutions. Its native token SPK can be used for staking, governance, and long-term ecosystem alignment. Spark also offers services such as stablecoin savings and lending to help users maximize stablecoin yield. Important SPK Recently

Gate News bot news, according to CoinDesk Research's Technical Analysis model, the trading price of SUI is 2.6481 USD, which has fallen by 2.03% in the past 24 hours. Previously, SUI rebounded from the support level of 2.58 USD to 2.60 USD during the trading session from June 26 to 27. This rebound occurred after a sharp fall from 2.70 USD to 2.58 USD during the session, but the increase in volume and the market sentiment related to institutional investor interest provided support.

According to Gate News bot, Bloomberg reports that Wall Street strategists indicate that trade and geopolitical risks will only slow the pump of the European stock market, without causing it to deviate from its path. A survey by Bloomberg of 19 strategists shows that the Stoxx Europe 600 index is expected to close at around 557 points by the end of this year. This means that the index will rise approximately 3% further from Wednesday's Closing Price, providing investors with about a 10% annual return.

The price of Bitcoin has once again reached a historic high, surpassing $111,000, demonstrating strong resilience. In stark contrast to gold, Bitcoin has entered a price discovery mode and is considered to have structural support. Investor confidence is increasing, the options market is showing an optimistic trend, institutional funds are flowing in, and a series of factors may drive the price of Bitcoin to continue to rise.

According to the Gate.io News bot, Tim Beiko summarized the 210th Ethereum execution layer core developer meeting (ACDE), which discussed several important topics. Regarding the EIP-7935 proposal, developers plan to increase the L1 gas limit before the launch of Fusaka. The current Gas Limit is 36M, and the proposal suggests raising it to XX0 M before Fusaka. Although the specific value is set by validators, it will be coordinated through EIP to adjust the default value for clients. The conference also established the configuration specification format for the BPO fork and discussed the EOF upgrade matters. A developer suggested replacing the EVM with RISC-V. Considering the uncertainty of the RISC-V solution, this proposal did not change Fusaka's decision on EOF, but the development team believes that EOF may not be a long-term execution environment. In addition, the client team plans to delete the history on the Sepolia test network in the coming weeks. Source: Wu Says

Gate News Bot news, July 15, according to CoinMarketCap, as of the time of publication, PI (Pi) is currently reported at $0.45, a 3.94% fall in the last 24 hours, with a high of $0.53 and a low of $0.45. The current market capitalization is approximately $3.457 billion, a decrease of $142 million compared to yesterday. Pi is a digital currency that can be mined on mobile phones. Its groundbreaking technology allows users to mine Pi on their phones without draining the battery. The project aims to enable more people to participate in the cryptocurrency revolution, making cryptocurrency mining easy, and providing a decentralized, secure, tamper-proof, and interoperable digital currency. Important news about Pi recently: 1️⃣ **Pi Network launches new version of node software** Pi Network officially released Pi Node v

Gate News bot message, ZKsync announced the launch of ZKsync Airbender, a high-performance general Zero-Knowledge Proof device (ZK prover) designed to meet real-world needs for interoperability, Decentralization, and scalability, without compromising. Airbender is claimed to be the fastest Open Source RISC-V zkVM. In Benchmark tests, Airbender outperformed significantly compared to other leading solutions.

PANews, April 29 - According to Fortune, Unto Labs announced the completion of a $14.4 million financing led by Framework Ventures and Electric Capital, with a valuation of $140 million. Unto is developing its own Blockchain and self-developed Virtual Machine ThruVM, based on RISC-V architecture, aiming to enhance compatibility with traditional hardware and drop the entry barrier for non-encryption developers. The funds will be used to expand the team and accelerate product development.

According to Gate.io News bot, RISC-V, an open-source CPU instruction set architecture originating from the University of California, Berkeley, has garnered significant attention in the tech field for its clarity and simplicity. CKB-VM has chosen to apply this traditional instruction set architecture, used for CPU verification, in the development of blockchain virtual machines. This technological innovation not only achieves a deep integration of the hardware and software industries but also brings a more open development environment to the blockchain ecosystem. Source: wublock123

Bitcoin and Ethereum prices rebound, encryption market capitalization evaporates $1.1 trillion, stablecoins withdraw from exchanges. Multicoin scales up by 50%, Mantra launches a $108 million fund to support RWA and DeFi projects. The Korean pension system introduces blockchain, Hong Kong opens virtual asset ETF staking services. The market shows a "V" shaped rebound, with significant gains in LSDFi and BTCfi. Hyperlane supports multi-chain communication and airdrop activities.

Gate Research Institute Daily: On April 8, Bitcoin rebounded 1.93% to 79,947 USDT, and Ethereum rose to 1,582 USDT. Since Trump's inauguration, the encryption market capitalization has evaporated by over 1.1 trillion USD. Stablecoins are withdrawing from the exchange, with balances reaching a near three-month low. Multicoin's Assets Under Management surged over 50%, and Mantra launched a $108 million fund to support RWA and DeFi startup projects. The South Korean pension system plans to introduce Blockchain, and Hong Kong will open Spot ETF stake services to strengthen the compliance development of virtual assets. - Market Commentary: Bitcoin price increased by 2.64% to 80,238 USDT, Ethereum rose by 0.11% to 1,593

Golden Ten Data reported on April 8 that Step Star officially released a new multimodal inference model - Step-R1-V-Mini, which supports graphic input, text output, good instruction compliance and general ability, and can perceive images with high precision and complete complex inference tasks.

Golden Finance reports that global stock markets staged an astonishing deep V rebound in April, with the S&P 500 experiencing a nine-day winning streak following a big dump at the beginning of the month, marking the longest winning streak since November 2004. In this regard, Bank of America Chief Investment Officer Hartnett pointed out in a recent research report that this trend indicates investors expect Trump to shift to a "three lows" policy in his second hundred days, namely lowering tariffs, lowering interest rates, and lowering taxes. At the same time, concerns about a U.S. economic recession triggered by "soft" data are also easing. Hartnett noted that the yield on the two-year U.S. Treasury has dropped by 70 basis points since Trump took office, oil prices have fallen by 20%, and the dollar has depreciated by 9%, all contributing to looser financial conditions. Additionally, the strong capital expenditure of tech giants in the AI field, expected to reach $320 billion by 2025, has collectively alleviated recession concerns.

The co-founder of Ethereum proposed replacing the Ethereum Virtual Machine with the RISC-V architecture to improve efficiency, especially achieving a 100-fold increase in zk-SNARKs efficiency while maintaining compatibility with the existing EVM. This initiative aims to address the bottleneck issues in Ethereum's long-term scalability.

According to the Gate.io News bot and TheBlock, Ethereum founder Vitalik Buterin has released a long-term proposal at the Ethereum Magicians forum. The proposal suggests changing the virtual machine language for Ethereum smart contracts from the current EVM bytecode to the open source architecture RISC-V. Buterin pointed out in the proposal that this technical approach will enhance the scalability of the execution layer. He emphasized that both new and old contracts will remain bi-directionally compatible and plans to develop an interpreter that will convert EVM contracts into RISC-V.

The co-founder of Ethereum proposed to replace the EVM with the RISC-V instruction set architecture to improve network execution efficiency. He believes that this transformation could solve the long-standing bottlenecks in network scalability and increase the efficiency of zero-knowledge functions. This radical change could become the only viable path to enhance the Ethereum network.