Recent Crypto Headlines 📰 In today's thread, we cover Scroll’s new privacy infrastructure, Grayscale’s new investment fund, and a Polygon network outage. Read the full roundup:
2/ @Scroll_ZKP unveils Cloak, their new privacy infrastructure. Through zero-knowledge technology, Cloak will allow institutions to perform confidential transactions while being auditable to maintain compliance.
We're pre-announcing Cloak. Cause we're a bit too excited. It's auditable privacy for institutional defi. Here's the alpha for defi builders and users:
3/ @Grayscale launches a trust fund for Story Protocol's native IP token. Similar to its other single-asset trusts, the Grayscale Story Trust will hold only IP and is open to both institutions and accredited investors. The fund currently holds over $33M in assets under management, with close to 1.75M outstanding shares.
Introducing the Grayscale Story Trust $IP 📚 @StoryProtocol is laying the foundational infrastructure for the global intellectual property economy, which has been reported to be worth as much as $80TÂč. đŸ€– AI-Ready Data: With projects like @psdnai, Story brings licensing to real-world data for physical AI, powering technologies such as robotics, autonomous vehicles, and surgical systems. ⚖ Legal + Blockchain in One: Story unifies smart contract licensing with graph-based tracking to manage intellectual property rights, royalties, and attribution across creative works and AI pipelines. 🔁 Programmable Intellectual Property: Register, remix, and monetize intellectual property with token-bound accounts embedding licensing logic and automated payments. ✅ Proven Traction: With over 1.7 million intellectual property transactions and more than 200,000 monthly usersÂČ. See important disclosures and learn more about the Grayscale Story Trust: Âč According to the World Intellectual Property Organization’s 2025 Global Innovation Index, the estimated value of intangible assets — including intellectual property, data, software, brands, and human capital — held by publicly listed companies worldwide exceeds $80 trillion. Source: WIPO, The Value of Intangible Assets of Corporations (2025). ÂČ Story Blockchain Explorer, as of July 7, 2025
4/ @0xPolygonFdn network suffered an unexpected outage shortly after the implementation of its Heimdall upgrade. The one-hour disruption was caused by a validator leaving the mainnet, triggering a consensus bug and halting new block production. The issue has since been resolved.
UPDATE: Approximately 6 hours ago, Heimdall experienced a temporary disruption that led to a delay in consensus finalization. To be clear: the Polygon PoS chain has remained live, but due to RPC issues, users may experience disruptions accessing various apps. We are now actively collaborating with RPC providers to accelerate resolution and restore user-facing services. Our team is fully engaged, and we’re confident in a swift return to normal service. Check back here for further updates.
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