This week’s coverage highlights significant advancements and challenges across the Web3 ecosystem:
1. VaaS Architecture Analysis: Web3Caff Research presents an in-depth report on Verification-as-a-Service (VaaS) architecture, examining four critical aspects: efficiency improvements through Walrus, Sui, and SP1 modules; technical implementations including DAG parallel scheduling and BLS multi-signatures; application scenarios like zkLogin and zkKYC; and ecosystem growth strategies amid competitive pressures.
2. Stablecoin Market Evolution: Stablecoins continue transforming global finance through programmable functionality, borderless transactions, and near-instant settlements. New regulatory frameworks are emerging as the sector matures.
3. Billions Network Funding: The human-computer interaction platform secured $30 million in Series A funding led by Polygon, with plans for a public launch on CapitalLaunchpad.
4. Polymarket Compliance Challenges: The prediction market platform faces ongoing regulatory scrutiny despite its blockchain-based transparency advantages, prompting analysis of potential compliance pathways.
5. RWA Market Expansion: Ondo Finance leads in real-world asset tokenization as the sector surpasses $25 billion in valuation, demonstrating accelerated growth since 2024.
6. Ethereum Protocol Upgrade: The upcoming Glamsterdam hard fork will introduce decoupled block validation and execution, enhancing zkEVM proof generation capabilities.
7. Investment Trends Shift: Venture capital is increasingly favoring ‘crypto-adjacent’ startups over purely native blockchain projects, reflecting market maturation.
8. Regulatory Developments: Hong Kong’s Stablecoin Ordinance took effect August 1, while US policymakers consider allowing alternative assets in retirement plans.
Key Industry Updates:
– Starknet RPC nodes now available on Messiah Network
– Nesa launches decentralized AI reputation system
– Spire deploys blob aggregation protocol on Ethereum
– GMX completes V1 vulnerability compensation
– Google exempts non-custodial wallets from new policies
– Ethereum’s Fusaka upgrade scheduled for November 5
– Shrapnel raises $19.5M for game development
– Sola secures $17.5M Series A for AI platform
Disclaimer: Content represents author perspectives only and does not constitute financial advice. Readers should comply with local regulations.
