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Succinct Labs has partnered with Optimism to develop OP Succinct, which can upgrade any OP Stack chain to use zero-knowledge proofs within an hour. This will improve transaction speeds and reduce fees for Ethereum Layer 2 scaling solutions. Succinct Labs has raised $55 million and claims its new approach is faster and cheaper than standard optimistic rollups. OP Succinct can be easily integrated into existing deployments, addressing scalability and transaction speed issues on the Ethereum mainnet. In June this year, OP Labs released a fault proof system that allows users to challenge and revoke invalid withdrawals, providing a mechanism for Ethereum Layer 2 networks. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
- 01:40Data: The largest long position on Hyperliquid currently has an unrealized profit of $7.1 million, with the BTC long position valued at $145 million.ChainCatcher news, currently the largest long position on Hyperliquid, held by “INeedACook”, has an unrealized profit of $7.1 million. Reportedly, the main position is a long of 1,250 BTC, with a position value of $145 million, and an unrealized profit of $2.78 million at present. In addition to going long on BTC, he is also long on DOGE, FARTCOIN, and PEPE, all of which are currently in a profitable state.
- 01:14Bitcoin treasury company Prenetics discloses holding 228.42 BTC and has launched a daily programmatic accumulation strategyChainCatcher news, according to Globenewswire, Nasdaq-listed health science company Prenetics Global Limited, which adopts a bitcoin treasury strategy, has released its unaudited financial results for the second quarter. The report disclosed that the company's revenue for the second quarter was $17.7 million, an increase of 594.9% compared to the second quarter of 2024. Adjusted current assets reached $90.3 million, including $63.5 million in cash. In addition, Prenetics Global Limited holds 228.42 bitcoins, valued at $26.1 million, and currently has no liabilities. The company stated that starting from August 1, 2025, it has initiated a daily programmatic bitcoin accumulation (increasing by 1 BTC per day), with funds coming from its own operating capital. .
- 01:13Data: A certain whale accumulated $8 million worth of ETH and $4 million worth of WBTC in the past 8 hoursChainCatcher news, according to on-chain analyst @ai_9684xtpa, major investors who are bottom-fishing ETH and BTC are still increasing their positions, having spent a total of $28 million building positions over the past 5 days. In the past 8 hours, this major investor once again purchased $8 million worth of ETH and $4 million worth of WBTC through Cowswap; the current holdings and cost details are as follows: ETH: holding 3,550.67 tokens ($16 million), with an average cost of $4,506.19, and an unrealized profit of $727,000; WBTC: holding 104.52 tokens ($12 million), with an average cost of $114,810.56, and an unrealized profit of $147,000.