Succinct Labs Secures Funding and Integrates ZK Light Client with Gnosis Chain Bridge
Succinct Labs Secures Funding and Integrates ZK Light Client with Gnosis Chain Bridge
🔓 Funding Secured, ZK Integration
Succinct Labs, a company focused on developing zero-knowledge (ZK) technology, has successfully completed a funding round. Additionally, their Ethereum ZK light client has been officially integrated into the Gnosis Chain Bridge on the Ethereum mainnet. Gnosis Chain is an Ethereum Virtual Machine (EVM) compatible, community-owned network that emphasizes credible neutrality and resilience.
Congrats to the @SuccinctLabs team for the successful funding round! 👏 Succinct’s Ethereum ZK light client has officially been integrated to secure the @gnosischain Bridge on Mainnet. More details here 👇 gnosis.io/blog/succincts…
1/ We're excited to announce we've raised $55M led by @Paradigm to make zero knowledge proofs accessible to any developer. Succinct’s Prover Network & SP1 make general-purpose ZK performant and easily deployable w/o complex infra. Let’s build towards an era of truth, not trust.
Blockchain and AI Synergy Reshaping Tech Future
The convergence of blockchain and artificial intelligence is emerging as a pivotal force in technological advancement. - Nethermind takes center stage in mainstream media discussions about this integration - Key benefits of the combination: * Blockchain provides trustless security * AI delivers computational intelligence * Together they enhance data security and process automation Learn more about this transformative partnership in Binance Academy's detailed analysis: [Blockchain and AI Relationship](https://academy.binance.com/en/articles/the-relationship-between-blockchain-and-ai)
Spark Finance Airdrop Now Live for Gnosis Users
The Spark Finance ($SPK) airdrop is now available for eligible Gnosis Chain users. Qualification criteria: - SparkLend deposits of $100+ before April 15, 2025 - Holding 1,000+ xDAI on Gnosis Chain by April 15, 2025 - $5,000+ in stablecoin deposits on Aave (Gnosis Chain) by March 15, 2025 Claims can be made at [app.spark.fi/SPK/airdrop](http://app.spark.fi/SPK/airdrop) Check your eligibility and claim your tokens now.
Crypto Solving Real Financial Challenges
Recent developments highlight practical applications of cryptocurrency in everyday financial transactions: - Real-world implementation demonstrated by @functi0nZer0 showcases crypto's ability to address concrete financial challenges - Gnosis Pay partnership with @monerium enables seamless transition between on-chain and real-world transactions - Users can now easily move and spend digital assets in everyday situations *Key Innovation*: Bridge between traditional finance and crypto becoming more accessible and practical.
Gnosis Team Announces Packed Schedule for Devcon Week in Bangkok
The Gnosis Chain team has arrived in Bangkok for Devcon and related events. Key highlights include: - **Devconflict Forum** (Nov 9-10): Open discussions on Ethereum's challenges - **Notable Talks**: • Koeppelmann on Why Gnosis Chain isn't an L2 • SCBuergel's fireside chat with Vitalik Buterin • Gnosis AI team workshop on Prediction Markets - **Multiple Venues**: Team members will be present at ETHGlobal Bangkok, Pragma, Oracle Summit, and various ecosystem events *Developers can participate in the ETHGlobal Bangkok Hackathon to build cross-chain apps and DeFi solutions on Gnosis Chain.*
Orochi Network Joins Gnosis Chain
Gnosis Chain welcomes @OrochiNetwork, a new addition leveraging Zero-Knowledge Proofs (ZKPs) technology. Orochi Network aims to create a high-performance Verifiable Data Pipeline, designed to support: - AI/ML models - zkApps - dApps - Smart contract platforms This integration follows the recent launch of Spectre, @buildwithsygma's zero-knowledge light client coprocessor, on Ethereum and Gnosis Chain mainnet routes. Spectre offers: - Trust-minimized verification - High security - Increased speed - Low-cost zk verification at scale For more details on Orochi Network's integration, check out the provided link.