Succinct Labs Introduces OP Succinct

• Succinct Labs introduces OP Succinct.

• Optimism activates the Granite Network Upgrade.

• Aave governance proposes to onboard cbBTC.

• Nethermind launches Nethermind Security.

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Succinct Labs formally introduced OP Succinct, a solution that enables the upgrade of any OP Stack chain from an optimistic rollup to a ZK rollup with minimal development effort. Developers can easily integrate ZKPs into their OP Stack chain using Rust, resulting in a zkEVM rollup. OP Succinct offers sub-cent transaction costs, fast finality, reduced transaction proving times, and full EVM compatibility. The implementation reuses the OP Stack's proven components and requires only minimal code changes, ensuring both security and ease of maintenance. OP Succinct is fully open-source under an MIT license.

The Granite Network Upgrade is now live on OP Mainnet, restoring permissionless fault proofs for the rollup. The upgrade addresses security vulnerabilities discovered in the network’s Fault Proof System during audits by Spearbit, Cantina, and Code4rena. The upgrade involved changes to the L1 smart contracts. While user assets were not at risk, OP Labs activated the permissioned fallback mechanism as a precaution. The fallback temperarily restricted output proposals to be handled by the Optimism Foundation. 

Aave governance proposed to onboard Coinbase's new wrapped Bitcoin asset, cbBTC, to the Aave V3 markets on both Base and Ethereum Mainnet. With Coinbase planning to launch cbBTC in the coming weeks, the proposal aims to diversify DeFi options for Bitcoin holders on Aave v3 by providing an alternative to WBTC. The move comes as Aave has previously considered reducing its exposure to WBTC, following BitGo’s announcement of transferring control of WBTC to a joint venture involving BitGo, Justin Sun, and the Tron ecosystem. MakerDAO has already disabled new loans backed by WBTC collateral as a precautionary measure.

Ethereum research firm Nethermind launched Nethermind Security, a specialized unit focused on providing comprehensive security services such as smart contract security audits, architecture assessments, formal verification, and real-time monitoring. Nethermind Security will build real-time monitoring bots aiming to safeguard projects by identifying early vulnerabilities.

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