BlockBeats news, on August 29, according to Cointelegraph, FTX's former law firm Fenwick & West LLP has filed to dismiss a lawsuit that alleges the firm played a key role in the collapse of the cryptocurrency trading platform worth billions of dollars. The firm stated that after two years of litigation, the plaintiffs have still failed to prove that Fenwick & West was aware that its clients were committing fraud. The lawsuit, filed in 2023, lists numerous defendants, with investors claiming they were aware of FTX's fraudulent activities. Fenwick & West insists that it should be excluded from this dispute. The firm did not immediately respond to a request for comment.

Gate News Bot news, on August 28, according to CoinMarketCap data, PROVE (Succinct) is currently priced at $1.10, with an 8.32% rise in the last 24 hours, reaching a high of $1.18 and a low of $0.99. The current market capitalization is approximately $215 million, an increase of $16.5 million from yesterday. PROVE is currently ranked 198th in the global Crypto Assets market capitalization. Recent important news about PROVE: 1️⃣ **Gate Unified Account Adds PROVE as Collateral** Gate unified account incorporates PROVE into the list of tokens available for collateral, with a maximum discount rate of 0.80. This move enhances the liquidity and utility of PROVE, potentially attracting more investors to hold and use the token, thereby supporting its price rise.

Jin10 data reported on August 27th that the Korean Central News Agency published a commentary article on August 27th, condemning South Korean President Lee Jae-myung. The article states that during his visit to the United States, South Korean President Lee Jae-myung made statements on the 25th such as "the modernization of the ROK-US alliance will be achieved as the security environment changes" and "the ROK and the US will respond strongly to provocations from North Korea." The article claims that although South Korea has undergone more than a dozen regime changes, the anti-North Korea tone has not changed at all, and Lee Jae-myung's administration is no exception. Lee Jae-myung's remarks abroad prove that the North's understanding and judgment are correct, and South Korea's attempts to confront North Korea will never change. North Korea will never give up its national dignity and system—the position on nuclear weapons is absolutely unchanged. South Korea still harbors erroneous expectations regarding "denuclearization," which is an extremely absurd delusion.

Gate News bot news, according to the Gate announcement on August 26, 2025: Gate Unified Account has added a batch of tokens available as collateral, including ZORA, PROVE, PUMP, HYPE, MOODENG, FUEL, SYN, and BAKE. These new tokens will adopt a tiered discount rate system, setting different discount rates according to different quantity ranges. Among them, the maximum discount rates for PUMP, HYPE, and MOODENG are 0.85, PROVE is 0.80, ZORA is 0.75, BAKE is 0.60, and FUEL and SYN are 0.50. The specific discount rates for each token decrease progressively as the amount staked increases.

PANews August 26 news, according to Decrypt, two brothers Anton and James Peraire-Bueno, both MIT graduates, submitted a motion to the federal court in Manhattan, New York, seeking to exclude their Google search records as evidence for allegedly stealing $25 million in cryptocurrency assets through a Blockchain vulnerability. The prosecution attempted to use their searches for "top encryption lawyers" and "wire fraud statute of limitations" to prove criminal intent, but the defense argued that these searches occurred during attorney consultations and are protected by attorney-client privilege. This case is considered the first criminal case involving the MEV-boost Blockchain vulnerability, and if convicted, the two could face up to 20 years in prison for each charge. U.S. District Judge Jessica G.L.

Huobi HTX will open PROVE deposits and trading on August 25, with withdrawals starting on August 26, and will introduce 10x Margin Trading. $PROVE is recommended by HTX DAO, aiming to build a decentralized network of provers, providing efficient proof generation services.

Gate News Bot news, August 21, according to CoinMarketCap, as of the time of writing, ZKWASM (ZKWASM) is currently priced at 0.06 USD, with a rise of 18.29% in the last 24 hours, reaching a high of 0.06 USD and a low of 0.04 USD. The current market capitalization is approximately 5.79 million USD, an increase of 895,500 USD compared to yesterday. ZKWASM is a ZK simulator that can prove the correct execution of WASM applications. It serves as a trustless adapter between rich applications running on the WASM runtime and smart contracts across various blockchains. Its mission is to provide Web2 developers with a concise set of tools to leverage the power of Web3 in their applications. The ZKWASM Hub is a hosted cloud service for discovering and sharing ZKWASM application images. It provides

Jin10 data reported on August 17 that despite the launch of the new GPT-5 model, ChatGPT still has the potential for errors. A senior executive from OpenAI emphasized this point again this week. Nick Tilly, the head of ChatGPT, pointed out in an interview: "There is a significant discontinuity between being reliable and being completely reliable." He further explained, "Unless we can prove that ChatGPT is more reliable than human experts in all areas, and not just in certain areas, we will continue to advise you to double-check the answers."

Gate News Bot news, on August 12, according to CoinMarketCap data, as of the time of writing, PROVE (Succinct) is currently priced at 1.61 USD, with a 24-hour pump of 11.70%, reaching a high of 1.72 USD and a low of 0.58 USD. The 24-hour volume has reached 684 million USD. The current market capitalization is approximately 314 million USD, an increase of 32.9 million USD compared to yesterday. Succinct is a decentralized prover network aimed at making zero-knowledge proof technology simple and easy to use. The project has generated over 5 million proofs and established relationships with more than 35 partners, safeguarding over $4 billion in total value locked (TVL). Succinct provides infrastructure such as SP1 (the fastest RISC-V zkVM in the world) and the prover network, supporting developers to use Ru.

Odaily News DefiLlama founder 0 xngmi posted on the X platform stating that there is a website that is clearly impersonating DefiLlama to scam users. They have reported it to Cloudflare multiple times, but they keep responding that they cannot prove someone is impersonating, even though a large amount of evidence has been provided. Therefore, they hope to seek help from the community.

Gate News Bot news, August 11, according to CoinMarketCap data, as of the time of writing, PROVE (Succinct) is currently priced at $1.47, having risen by 7.37% in the last 24 hours, with a high of $1.59 and a low of $0.58. The current market capitalization is approximately $287 million, an increase of $19.7 million compared to yesterday.

Odaily News According to cryptocurrency analyst Ai Yi @ai9684 xtpa monitoring, a certain Address has bought 2 million PROVE at an average price of 1 dollar in the past 3 days, currently realizing unrealized gains of 873,000 dollars, and has staked all the Tokens.

Gate News Bot news, on August 7, according to CoinMarketCap data, PROVE (Succinct) is currently priced at $1.07, with a rise of 7.91% in the last 24 hours, reaching a high of $1.54 and a low of $0.58. The 24-hour volume is $1.207 billion. The current market capitalization is approximately $210 million, an increase of $15.4 million compared to yesterday.

Gate News bot message, Gate market shows PROVE has pumped 60.07% in the last 24 hours, current price 1.0978 USDT.

Gate News bot message, Gate market shows PROVE has risen 50.17% in the last 24 hours, current price 1.3185 USDT.

According to official news, on August 5th, PROVE (Succinct) was officially launched on the MGBX trading platform. On the following day, the price of PROVE surged significantly, with a maximum increase of over 553%. The trading volume reached approximately $641 million in 24 hours that day, with active trading and noticeable market fluctuations. The current market capitalization of the project is about $263 million.

Gate News Bot message, August 6th, according to CoinMarketCap data, as of the time of writing, PROVE (Succinct) is currently priced at $0.98, with a rise of 8.12% in the last 24 hours, peaking at $1.13 and dropping to a low of $0.58. The 24-hour volume reached $448 million. The current market capitalization is approximately $192 million, an increase of $14.44 million compared to yesterday. Succinct is a decentralized prover network aimed at making zero-knowledge technology simple and easy to use. The project has generated over 5 million proofs and established partnerships with over 35 partners, protecting a total locked value of over $4 billion. Succinct offers SP1 (the world's fastest RISC-V zkVM) and Prover Network (decentralized.

Gate News bot message, according to the official announcement from Gate on August 5, 2025: Gate will launch the spot trading of the Succinct token (PROVE) on August 6, 2025, at 01:00 ( UTC+8. The trading pair will be PROVE/USDT. Succinct is a decentralized prover network project dedicated to building blockchain applications and infrastructure that protect cryptographic facts. The project provides proof generation infrastructure and pricing services for applications such as rollups and co-processors that use zero-knowledge proofs. The PROVE token is deployed on the Ethereum network, with the contract address 0x6BEF15D938d4E72056AC92Ea4bDD0D76B1C4ad29.

According to the Gate News bot, the official announcement from Gate on August 5, 2025. Gate will launch Succinct (PROVE) perpetual contract trading on August 6, 2025, at 1:10( UTC+80, supporting USDT settlement and 1-20x leverage. At the same time, it will open unified account lending for PROVE, isolated margin trading pairs, as well as Yubi Treasure wealth management, flexible collateral lending, and fixed collateral lending functions. The platform will also launch the flash exchange and regular investment features of PROVE one hour after the PROVE spot trading goes live. The flash exchange supports the exchange of PROVE with tokens such as USDT, and the regular investment feature supports various investment cycle options. Copy trading and trading bot services will be simultaneously available within one hour after the contract goes live.

MGBX will launch PROVE (Succinct) Spot trading on August 5 at 21:00, with deposits starting from 17:30, and withdrawals opening on August 8 at 19:00. Succinct Labs is dedicated to building a Decentralization cross-Blockchain interoperability layer, utilizing efficient on-chain light client and zk-SNARKs technology.

Gate News bot message, according to the Gate announcement on August 5, 2025. Gate will deliver the Succinct (PROVE) token on August 6, 2025. According to the announcement, trading will end on August 6 at 00:30 ( UTC+8 and the delivery time will be from 03:00 to 05:00 ) UTC+8. Succinct is a decentralized prover network project focused on building blockchain applications and infrastructure based on cryptographic facts. The project provides proof generation infrastructure and pricing services for applications such as rollups and co-processors that use zero-knowledge proofs. The total issuance of the PROVE token is 1 billion.

The Decentralization Prover Network Succinct announced the establishment of the Succinct Foundation, aimed at promoting the development of the Succinct Prover Network and zero-knowledge technology, supporting partners and funding innovations, and assisting the next generation of developers. The core Token PROVE is used for payments and incentives for provers, ensuring network security and governance.

Golden Finance reports that former Federal Reserve Board of Governors member Kevin Warsh: No new laws are needed; we need a change in leadership at the Fed. Being ready to serve the public depends on Trump. We must prove to the market that we are serious about cutting spending.

PANews, July 15 news, according to South Korean media News1, the Southern District Court of Seoul has acquitted former Wemade CEO Jang Hyun-guk, finding no evidence that he intentionally manipulated the market price of WEMIX Crypto Assets through fraudulent means. It is reported that the prosecution accused Jang Hyun-guk of falsely announcing the cessation of WEMIX Token liquidation to stabilize prices and induce investor confidence, but the court found a lack of clear evidence to prove his intent to manipulate the market. WEMIX Token has fallen 97% since its historical high, now priced at $0.63. The prosecution can still appeal the decision.

Golden Finance reports that Bitcoin mining company Bit Origin announced that after submitting a 6-K form on June 30 to prove it has met the requirement to maintain at least $2.5 million in shareholder equity, it has now received confirmation from Nasdaq of its compliance with listing requirements, which means the company will be able to continue trading on the Nasdaq stock market.

Odaily News The tokenization asset issuer Securitize and the oracle machine provider RedStone have released a White Paper aimed at introducing a new model for securely validating on-chain Net Asset Value (NAV) data, specifically for tokenized private funds. This model is called Trusted Single Source Oracle (TSSO) and intentionally addresses a critical gap in Decentralized Finance (DeFi) infrastructure: how to reliably prove that each asset's net value update indeed originates from a trusted source and cannot be tampered with once it is on-chain. (CoinDesk)

Jin10 data reported on June 21, local time June 21, French President Macron stated on his personal social media that France and its European allies will accelerate the negotiation process regarding the Iranian nuclear issue. Macron expressed that he had a telephone conversation with the Iranian President and conveyed his deep concerns regarding Iran's nuclear program. Macron said, "My position on this issue is very clear: Iran must not possess nuclear weapons, and Iran should provide sufficient guarantees to prove that its nuclear program is indeed peaceful in nature."

Gate News bot message, encryption KOL DogeDesigner posted on X stating that Elon Musk just shared his medical report, which shows no evidence of drug use. This is undoubtedly a direct counterattack on the traditional media that have been spreading baseless rumors about Musk's drug use.

Gate News bot announcement, Succinct, which has received investment from Paradigm, has completed a seven-day validation pilot for the World Chain Mainnet. This pilot project used encryption proofs to validate each transaction and Block without the need to rerun the entire Blockchain. This indicates that even large networks like World Chain, based on the OP Stack, can eventually become ZK rollups. "World Chain challenged us to prove that ZK can operate at their scale," said Uma Roy, co-founder of Succinct, in a statement. "By completing this pilot project, we have demonstrated that this technology is ready for production, paving the way for World Chain to become a ZK rollup when the time is right."

Golden Finance reports that Tools for Humanity, a company founded by OpenAI co-founder Sam Altman, has officially introduced its iris recognition identification technology, the Orb device, to the UK. Starting this week, London residents can use this spherical scanning device for identification verification, with plans to expand services to several cities including Manchester and Birmingham in the coming months. This technology creates a digital credential called World ID by scanning the iris, aiming to prove that users are real humans and not AI.

Gate News bot news, Bloomberg senior ETF analyst Eric Balchunas recently pointed out that the actions of a "Big Boy" company will prove that it is reasonable for corporate finance departments to adopt this asset. He also added that it seems "inevitable" for large listed companies to include Bitcoin in the current cycle. He mentioned that the signal effect of a single company like Meta or Microsoft getting on board may surpass that of all smaller companies combined, as institutional investors tend to follow the financial policies of these companies. In addition, this analyst listed Meta as a potential pioneer. When asked why Tesla's entry in 2021 did not reach the same threshold, Balchunas responded that the company "does not count" in the current cycle, as it has not increased its holdings since the last bull run.

According to Gate News bot, as reported by Cointelegraph, a U.S. federal judge announced the dismissal of the fraud and market manipulation conviction of Avraham Eisenberg, the main perpetrator of the Mango Markets attack case. The judge pointed out in the ruling that since Mango Markets, as a DeFi protocol, is an open system, it does not constitute "deception in the legal sense," and the prosecution failed to provide sufficient evidence to prove that his actions involved false statements. Despite the dismissal of this case, Eisenberg is currently serving a sentence due to another child pornography case that resulted in nearly four years of imprisonment. Additionally, the civil lawsuits filed against him by the U.S. Securities and Exchange Commission ( SEC ) and the Commodity Futures Trading Commission ( CFTC ) are still ongoing.

Succinct has launched an Ethereum-based ZKP validator network and introduced the PROVE token as its native asset, aiming to build a decentralized marketplace connecting proof requesters and providers. The PROVE token is used for payments, incentives, governance, and punishing wrongdoers. Succinct has completed a $55 million Series A funding round, led by Paradigm. The second phase of the Testnet is underway, with Phase 2.5 expected to be launched soon in preparation for the Mainnet launch.

Succinct, supported by Paradigm, launched the PROVE Token as the native asset of its ZKP validators network. PROVE will be used for payments, incentives, staking, and governance, strengthening the decentralized market. Succinct is currently in the testing phase and will launch Phase 2.5, preparing for the mainnet. In 2024, the Succinct Labs team secured $55 million in Series A funding, led by Paradigm.

According to the Gate News bot, TheBlock reported that the zk-SNARKs project Succinct announced the issuance of its native Token PROVE, which will serve as the core asset of its Ethereum-based Decentralization zk-SNARKs network. The Succinct network is currently running the second phase of its testnet and plans to enter phase 2.5 in preparation for the mainnet launch. Previously, Succinct Labs secured $55 million in Series A funding led by Paradigm in 2024.

Succinct has launched a Prover network based on Ethereum, aimed at establishing a decentralized zk-SNARKs market. The network uses PROVE Token for payment and incentivizing provers, while employing a hybrid architecture to achieve efficient request processing and verifiable network status. A Testnet Stage 2.5 version is planned to provide an end-to-end service process experience.

Gate.io News bot message, the federal court in California dismissed a class action lawsuit against Caitlyn Jenner and her partner Sophia Hutchins. British investors stated in the lawsuit that they incurred losses exceeding $40,000 due to holding JENNER Meme coin. The judge pointed out in the ruling that the plaintiff failed to provide sufficient evidence to prove that the transaction was subject to U.S. law, but granted the plaintiff a deadline until May 23 to submit supplementary evidence. The court documents show that the plaintiff accused the Jenner team of issuing a token of the same name on the Solana and Ethereum blockchains, leading to a drop in the token's price, while also promoting a pet coin named BBARK. According to Decrypt, the incident is linked to the trader Sahil Arora.

The judge dismissed most of the claims against the celebrities sued for promoting the now-defunct Crypto Assets exchange FTX. The involved celebrities include sports stars and comedians, and the judge indicated that the investors failed to prove that they were aware of the exchange's fraudulent activities, concluding that there was a lack of evidence to demonstrate the defendants' intent to deceive the investors.

According to Gate.io News bot, CoinDesk reported that Google has added zk-SNARKs technology features to its Wallet application. This encryption technology allows users to prove they meet specific age requirements without providing complete personal information such as their full date of birth, thereby gaining access to restricted applications. This feature is developed based on open standards and supports operation on both iOS and Android platforms. Google plans to expand this technology to more online identity verification application scenarios in the future.

The Kakarot project announced the completion of a full implementation of the Ethereum Virtual Machine and plans to prove Ethereum Layer 1 blocks in real-time using the STARK proof system. Built using the Cairo language, it provides an independent zero-knowledge proof solution. The project can generate block proofs in 8 seconds, better than Ethereum's 12-second block time. By avoiding reliance on mainstream solutions, it has constructed an alternative for generating zero-knowledge proofs for Ethereum blocks. The team responded that they are not in a hurry to transition to RISC-V.

Mira Network launched the global event "Prove You Right", revealing the issue of AI large models generating false content. Through public demonstrations, users can input statements and experience the model generating fabricated answers, and then resolve the centralized model issues through the protocol layer trust verification mechanism.