Pudgy World to Launch Alpha in Q1 2024 with the Help of zkSync

ZKsync has joined the Tokenized Asset Coalition (TAC), following Polygon Labs' membership earlier this year. The coalition focuses on advancing public blockchain adoption and institutional DeFi integration. Key developments: - TAC aims to revolutionize capital formation and management - ZKsync will contribute institutional-grade ZK scaling solutions - Initiative targets bringing trillion-dollar asset volumes onchain The collaboration aligns with broader industry efforts to create a more transparent and accessible financial system through blockchain technology. [Learn more about the coalition](https://bit.ly/3NZjPpR)

SEC Chair Paul Atkins unveiled **Project Crypto**, a groundbreaking initiative to modernize U.S. securities regulation for blockchain technology. The project aims to embrace tokenized securities, stablecoins, and crypto infrastructure in American capital markets. Key components of Project Crypto: - Regulatory framework for tokenized securities - Support for compliant ICOs and airdrops - Updated custody rules supporting self-custody - Unified crypto services regulation - Innovation exemptions The announcement acknowledges that regulatory uncertainty has pushed innovation offshore. SEC leaders, including Hester Peirce, emphasize ZK technology as crucial for scalable, secure, and compliant digital finance. [Read the full SEC speeches](sec.gov/newsroom/speeches-st)

GRVT is developing a CeDeFi exchange on ZKsync that aims to combine centralized exchange performance with decentralized security. The platform will feature: - Professional trading tools - Full on-chain execution - ZK-based security architecture Since launching their ZK Chain to Mainnet Alpha earlier this year, GRVT has processed $1.3B in trading volume within 30 days. The project positions itself as the world's first licensed DEX, focusing on trustless and self-custodial trading. *Development continues through 2025 with an expanded roadmap.*

ZKsync Security Council implemented a protocol upgrade to address a newly discovered issue. The system's multi-layer defense architecture maintained security throughout the process. This follows a previous security incident from April 2025 where: - All funds were successfully recovered - A comprehensive investigation was completed - Security processes were enhanced A detailed post-mortem of the recent upgrade will be published soon. For more details on the previous incident, see the [final report](https://zksync.mirror.xyz/W5vPDZqEqf2NuwQ5x7SyFnIxqqpE1szAFD69iaaBFnI)

Heurist Chain has officially joined the Elastic Network, marking a significant development in blockchain AI infrastructure. The integration leverages ZKsync technology to create a specialized chain focused on AI economy applications: - Enables AI agent transactions and coordination - Facilitates global scaling of AI operations - Built on proven zkRollup architecture Heurist positions itself as a dePIN (Decentralized Physical Infrastructure Network) project, combining ZK proofs, blockchain, and artificial intelligence technologies. For technical details, refer to their comprehensive documentation: - [Full Whitepaper](https://docs.heurist.ai) - [Simplified Litepaper](https://docs.heurist.ai/protocol-overview/litepaper)