The Solana Foundation has announced the 12th 'Cypherpunk' hackathon, offering over $500,000 in prizes and $250,000 in early-stage investment. Running until October 30 on the Colosseum platform, the event features six categories, including DeFi, RWA, consumer apps, stablecoins, infrastructure, and a free track. The top project will receive a $30,000 grand prize from Phantom, with additional awards for public welfare, campus, and Solana mobile app projects. Since inception, Solana hackathons have attracted over 80,000 developers, leading to the incubation of more than 6,500 projects and $700 million in funding.