Level Up Mini-Hack Recap

Shenhai Chen (@shenhaichen) is presenting details about Ceno zkVM, a new development in zero-knowledge virtual machine technology. The presentation is part of a series featuring both Chen and Zhenfei Zhang discussing zkVM and zkML (zero-knowledge Machine Learning) developments. Key points: - Live presentation about Ceno zkVM - Part of broader discussion on zkVM and zkML - Features industry experts @shenhaichen and @zhenfei_zhang Join the live session to learn about the latest advancements in zero-knowledge technology.

FD Labs outlines their vision for stablecoins in emerging markets, highlighting key developments: - Focus on Asia and emerging markets where stablecoin adoption is crucial - Emphasis on transparency and fiat-backing safeguards - Implementation of B2B model across multiple blockchains - Development of yield-bearing stablecoins and local currency solutions - Real estate applications and cross-border payment infrastructure - Projected market growth to $3T within 5 years - UAE regulatory compliance and focus on financial inclusion *Key initiatives* include banking the unbanked and creating reliable cross-border payment systems. The project aims to mirror how emerging markets leapfrogged from desktop to mobile technology.

Scroll Protocol hosted a well-attended event in Seoul in collaboration with Xangle, focusing on protocol improvements and stablecoin developments, particularly QuillFi's USDQ. Key highlights: - Packed venue with Korean builders and developers - Discussion on protocol updates - Focus on stablecoin innovation - Community engagement with local developers This follows Scroll's growing presence in Korea, including participation in SuperteamKorea's inaugural event, where discussions centered on the transition from CEX to DEX trading.

Curve Finance has developed a new soft liquidation system to address sleep-depriving DeFi lending risks. Key features: - Instead of instant liquidations, collateral gradually converts to stablecoins across price ranges - System helps users avoid $10,000+ gas fees during market crashes - crvUSD stablecoin generates 50% of Curve's revenue despite smaller TVL The innovation could extend beyond crypto into forex markets. Curve aims to scale to $10B market cap, while major institutions like BlackRock and PayPal explore similar models. Learn more at [Stable School](https://stableschool.org)

Scroll Research has developed a breakthrough solution to the finality trilemma in blockchain rollups. Their new subcommitments technology enables: - Fast off-chain finality for rollups - Maintains security guarantees - Cost-effective implementation This advancement addresses a long-standing challenge in blockchain scaling, where developers typically had to sacrifice either speed, security, or cost-effectiveness. The solution comes at a crucial time, as recent stress tests of zero-knowledge proof-based Ethereum rollups demonstrated the need for improved finality mechanisms. *Technical implementation details are still emerging, but early analysis suggests this could be a significant leap forward for rollup technology.*