Polygon Co-Founder Unveils ZisK – A New Era for ZK Identity and Verifiable Compute
Polygon’s Jordi Baylina has launched ZisK, a powerful open-source zkVM stack built for speed, modularity, and full sovereignty. Spun out with eight core developers from Polygon’s zkEVM team, ZisK aims to become the go-to verifiable computing engine for Web3 builders.
What makes ZisK stand out?
- 1.5GHz zkVM execution on RISC-V
- Real-time proof generation on Ethereum
- GPU-parallelized recursion and no black-box components
ZisK supports high-level languages like Rust, and soon Go and C#, enabling flexible development of zkIDs, compliant rollups, and ZKML apps—all without vendor lock-in.
FET Price Rises After $50M Buyback Announcement by Fetch.ai
Fetch.ai ($FET) jumped over 4% after the foundation revealed a $50 million token buyback, calling the token “undervalued” ahead of upcoming ASI ecosystem developments. Founder Humayun Sheikh confirmed the buyback would span multiple exchanges and be supported by institutional market makers.
After the announcement, FET hit $0.702, recovering from a local low of $0.65. The token now faces resistance at $0.80 and $0.90—levels that, if broken, could open the door to a move back toward $1.
This strategic move comes as FET gears up for ASI Phase 2 alongside AGIX and OCEAN, cementing its role in the decentralized AI space.
Is the Bitcoin Bull Market Over? Analysts Say No
Crypto firm Alphractal remains bullish on Bitcoin, pointing to October 2025 as a possible breakout month. Their On-Chain CapFlow Sentiment Index shows signs of a new distribution phase, often seen before major market tops.
CEO Joao Wedson noted that BTC could hit $113K or dip to $80K, but the overall bull trend stays intact—for now.
“If the data changes, so do we,” he said.
The bull market isn’t over yet, but October may decide the next big move.
Nobitex Hacked for $73M – ZachXBT Traces Funds to Mock Wallet
Iran’s largest crypto exchange, Nobitex, has suffered a major breach, losing over $73 million in what appears to be one of the region’s biggest crypto hacks. The platform confirmed the attack in an official statement, noting that only hot wallets were affected, while cold storage remained secure.
On-chain investigator ZachXBT quickly uncovered a suspicious wallet holding $49M in USDT, labeled provocatively to mock the platform. According to Tronscan data, the wallet also contains over 23,000 TRX, pointing to a coordinated exploit.
Nobitex has suspended all services and pledged to fully reimburse affected users using internal reserves and insurance. A detailed post-mortem is expected soon as investigations continue.
Solana Eyes $200? Key Levels Suggest Breakout May Be Brewing
Solana is consolidating around $145–$150 after its June correction, but technicals show growing accumulation near support. If price breaks above $155 with volume, a rally to $175–$200 could follow.
Source: Tradingview
Final Thoughts: Can SOL Ignite the Next Rally?
With open interest steady and market sentiment cooling, Solana’s setup looks primed—but not explosive yet. Watch for a breakout above $160 as the signal that momentum is returning.
Smart Money Eyes ETH as BTC Momentum Stalls – Is a Rotation Underway?
As Bitcoin struggles near $110K, the ETH/BTC chart is flashing signs of a potential reversal, with traders spotting a double bottom near 0.023 BTC. This shift could signal a quiet rotation into Ethereum, echoing previous altcoin cycles.
With institutional flows steady and BTC dominance slowing, ETH may be primed for leadership. If this ETH/BTC rebound holds, it could mark the early stages of a broader market rotation.
Trump Pushes GENIUS Act Forward – Could This Be a Turning Point for Stablecoin Regulation?
After the Senate greenlit the GENIUS Act, Trump jumped in with a strong Truth Social post, urging Congress to pass the stablecoin bill “lightning fast.” He called it “pure GENIUS” and framed it as a tool to make the U.S. the undisputed leader in digital assets.
If the House follows through, the GENIUS Act could establish the first federal framework for stablecoins, offering clarity for Circle, PayPal, and other issuers. Trump’s backing might be the push needed to make it law.
XRP ETF Debuts on TSX – What It Means for Ripple and Crypto Adoption
Ripple just scored a win in Canada. 3iQ has launched XRPQ, the first North American ETF offering direct exposure to XRP. Listed on the Toronto Stock Exchange, the fund offers 0% fees for 6 months and was backed early by Ripple Labs.
With U.S. regulators still dragging their feet, Canada’s green light could set the tone for global XRP adoption. If institutional flows into XRPQ pick up, we may see renewed momentum—and XRP finally stepping back into the spotlight.
BTC ETF Inflows Surge – So Why Is Bitcoin Still Rangebound?
Bitcoin ETFs have seen $2B in inflows over 8 days, led by BlackRock and Fidelity. Yet BTC remains stuck below $110K, signaling a lack of retail momentum despite strong institutional demand.
Source: Coinglass
ETF data shows bullish undercurrents, but low spot volume and macro uncertainty are holding BTC back. Until retail re-engages or the Fed eases, Bitcoin may stay in its current range — quietly gearing up for the next big move.
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