Project Progress

According to ChainCatcher, Towns co-founders Ben and Pat announced today that protocol operations have been transferred to the Switzerland-based Towns Foundation after five years of development. The new leadership team will oversee the protocol and drive its next growth phase. Towns has

According to Foresight News, cross-chain protocol warp.green has confirmed a vulnerability in its ERC-20 bridge located in the Chia-side module, which has been exploited. The breach resulted in the loss of 93,000 USDC (comprising 85,000 wUSDC.b and 8,000 wUSDC). The attacker has converted the

According to Morpho, the Lend Callbacks feature is now live, allowing unfilled fixed-rate limit orders in the lending market to earn floating-rate yields while awaiting execution. Users can now submit higher fixed-rate offers while maintaining floating-rate income as a yield

According to Bitwise CEO on X, the company will launch a novel product type tomorrow (August 25) designed specifically for on-chain native users. The CEO did not disclose further details about the product.

According to Sui, the network has launched Squid Mode, allowing AI agents to access wallets without requiring private keys. The feature executes strategies outside of agents and splits each signature across independent validators to eliminate single points of failure. Squid Mode is built on

According to Foresight News, Ethereum engineer Mislav Javor has joined the nonprofit Ethlabs research lab. Javor has worked in Ethereum development since 2016 and is a two-time startup founder who co-authored "Developers Guide to Ethereum," one of the earliest EVM development resources. He will

According to ChainCatcher, ZEC hit an 8-year high of $888 today (August 24), marking a weekly surge of over 70%. The token is currently trading near $844. The Zcash community will conduct a token holder vote starting today through September 14 to determine the scope of the upcoming NU7 upgrade. The

Virtuals Protocol has introduced its complete Base chain token issuance mechanism to Solana, according to a protocol announcement. The update brings automated capital formation (ACF), sybil protection tax, fee delegation, and agent co-issuance features to the network. The protocol previously

State-owned power financier REC is set to lead India's first tokenized corporate bond issuance in September, marking a significant step in applying blockchain technology to securities markets. The pilot, developed jointly by the Securities and Exchange Board of India and the Reserve Bank of India, a

According to PANews, Ethereum engineer Mislav Javor has joined Ethlabs, a nonprofit research organization, on August 24. Javor will focus on platform technologies, including account and interoperability development, while bridging gaps between protocol and product layers, as well as between research

According to ChainCatcher, X user econoar recently proposed ERC-8391, a new Ethereum standard designed to provide an asset-state interface for tokenized stocks and real-world assets (RWAs). The proposal addresses a key limitation: tokenized stocks trade around-the-clock on-chain, but traditional

According to ChainCatcher, StarkWare recently announced that Starknet sequencer revenue will now flow back into the Starknet ecosystem. In this first instance, StarkWare has delegated 25 million STRK tokens generated from sequencer income to support projects and contributors advancing Starknet

Zcash recorded a 62% price increase over the past week, reaching $880 before retracing to approximately $830, its highest level since 2018. The surge coincides with a governance snapshot scheduled at block 3,459,350, estimated around 19:00 UTC on Aug. 24, which will determine eligibility for an

According to PANews, on August 24, KNTQ surged over 30% following Kinetiq's announcement of the Elysium L2 network on Hyperliquid, then pulled back to $0.2397. Kinetiq stated that 50% of the Elysium sequencer fees will be used to repurchase KNTQ

Cwallet upgraded its Web3 Chats feature to integrate communication tools with its financial infrastructure, allowing users to interact within an authenticated environment. The upgrade aims to reduce security risks associated with fragmented platform usage, where Web3 users typically manage digital a

The SEC introduced 'Regulation Crypto Assets' under Chairman Paul Atkins, proposing exemptions for digital-asset offerings up to $5 million over four years and $75 million annually, alongside a safe harbor allowing qualifying crypto assets to cease being treated as investment contracts. Bitcoin

According to Kinetiq, the company announced the launch of Elysium, a Layer 2 network for the Hyperliquid ecosystem. The network is designed to enhance performance and throughput while improving composability with HyperCore. HYPE will serve as the network's gas