Project Progress

According to FinanceFeeds, Blast Ethereum Layer 2 announced on October 3 that it is shutting down after determining operating costs exceed revenue generation. The network's total value locked has plummeted 98% from its June 2024 peak of $2.2 billion to approximately $31 million in early October,

TRON DeFi Summer S3 launches tomorrow, October 4 at 8:00 AM SGT, with a total reward pool of $2 million across four assets: TRX ($1M), USDD ($600K), JST ($300K), and SUN ($100K). All four pools will offer boosted APR incentives for 60

According to BlockBeats and PONS founder Ozzy, the project has fully automated its buyback and burn operations as of Oct. 3. The new mechanism executes a fund withdrawal every 7 days, followed by buyback and burn operations over the subsequent week in a continuous cycle. Any community member can

Backpack has revealed a new tokenized equity bridge system that allows users to convert tokenized stocks into actual shares, according to crypto commentator @solana. The bridge enhances trading flexibility by enabling redemption of tokenized equity for real shares, with the system buying shares on t

According to Illia, NEAR co-founder, developer numbers in the NEAR ecosystem have significantly increased over the past few weeks. With development barriers lowering, the core challenge is shifting from 'how to develop' to 'what to develop and how to achieve distribution,' Illia stated on X. Illia

According to PANews, NEAR Protocol co-founder Illia announced project ideas for developers on Oct 3 via X platform. The projects span AI verification, cross-chain payments, and privacy transactions, including a verifiable AI Tamagotchi, a Universal Checkout supporting any wallet and chain, an AI

According to Odaily, Genius announced the official end of Season 2 on October 3, with 173 million GP distributed against an original plan of 200 million GP. The platform launched a full fee refund mechanism with a refund window opening October 6 at 11:00 ET and closing October 11 at 11:00 ET.

According to Odaily, Aave Labs recently clarified that the proposed Aave Foundation in the Cayman Islands will not have discretionary control over protocol decisions. The foundation will own assets but cannot

Blast announced a halt to operations, citing an unsustainable economic model. Users must withdraw their assets by October 26, 2026.

Ethereum layer-2 network Blast announced its shutdown on Oct. 2, citing operational costs that exceeded revenue and an inability to achieve economically sustainable operations. The platform urged users to withdraw assets to the Ethereum mainnet by Oct. 26. Blast stated that maintaining the chain

According to Odaily, Centrifuge launched three tokenized funds—JAAA, JTRSY, and HYB—on Circle's Arc blockchain on October 3, providing exposure to AAA-rated collateralized loan obligations (CLOs), short-term U.S. Treasuries, and high-yield corporate bonds. All three funds accept USDC on Arc for

According to PANews, on October 3, Aave Labs submitted an ARFC proposal to establish Aave Foundation in the Cayman Islands to hold Aave's trademarks and intellectual property under DAO oversight. The foundation will operate in phases, with the first phase covering registration and appointment of

According to Porsche's Oct. 1 announcement, the German luxury carmaker shut down its NFT project. The company launched 2,363 digital artworks out of a planned 7,500 Porsche 911 NFTs in November 2022. Existing NFTs remain with holders on the blockchain; the Discord community will transition to read-o

Zcash leaders including Zooko Wilcox and Eli Ben-Sasson will participate in a Zcash Zummit on October 9 in Singapore at the Network State Conference. The event will focus on zero-knowledge proofs in the crypto space and offer attendees free ZEC to enhance community participation. Zcash is a

The Stellar Development Foundation (SDF) unveiled a 10-year vision at Meridian 2026, focusing on transitioning from infrastructure to real-world utility in the cryptocurrency ecosystem. The announcement aims to position Stellar as a key player in financial technology and blockchain applications. SDF

Strike announced a forthcoming income stream for cash holders, as reported on Twitter. Strike is a financial technology company that focuses on providing Bitcoin payment solutions and innovative financial services within the cryptocurrency ecosystem. No effective date for this initiative has been an

According to Stellar Development Foundation, SDF announced a 10-year strategic vision at Meridian 2026, with focus shifting from infrastructure development to real-world utility and ecosystem adoption. The roadmap emphasizes building practical blockchain applications for cross-border transactions an

According to ChainCatcher, on October 2 at 11:30 EDT, the Arbitrum Security Council executed an emergency upgrade on Arbitrum One and Nova, halting all new Stylus contract activations on both chains and introducing a new protection mechanism for BoLD single-step proofs in Arbitrum One's dispute

Chainlink built an automated dividend system for tokenized equities as part of Swift's 2026 Business Challenge, processing cash dividends across four blockchains from corporate-action message to payment without manual intervention. The system uses the Chainlink Runtime Environment while retaining Sw