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According to ChainCatcher, HyperLend, a lending protocol on HyperEVM, launched institutional lending platform Aviya today. Built on Hyperliquid, Aviya provides structured credit access to institutional participants through bilateral fixed-rate financing services. The platform initially uses HYPE
According to BlockBeats, on May 22, Solayer launched a public testnet for Margin Trade, a perpetual trading platform native to Solana supporting unified margin trading across crypto assets, commodities, and stocks. Developed by Solayer Labs in collaboration
According to BlockBeats, on May 22, Circle CEO Jeremy Allaire announced that Circle Wrapped Bitcoin (cirBTC) is launching on Ethereum and the Arc network. Each cirBTC token is 1:1 backed by native BTC held in reserve by regulated entities within the Circle
According to Foresight News, Pump.fun has launched USDC trading pair liquidity pools, allowing creators to issue tokens in USDC instead of SOL. The new pairs will raise initial token valuations to $4,000 compared to approximately $2,000 with SOL pairs, and increase early-stage acquisition costs by a
Zerion announced Thursday that Zero Network, an Ethereum Layer 2 focused on gasless transactions, is winding down after 1.5 years of operation. Zero Network initially went live in November 2024. The team stated that while the vision of building the first EVM-compatible, fully gasless rollup to
According to Bankr's X statement, the platform plans to restore all functionality by next week following additional security reviews and monitoring measures in collaboration with zeroShadow and other partners. In the near term, Bankr will gradually restore token issuance and read-only features,
According to The Block, Zero Network, Ethereum's Layer 2 network focused on zero-gas transactions, announced its shutdown today (May 22) after 18 months of operation. Launched in November 2024, the network cited that while the vision of building a zero-gas rollup remains valid, maintaining an
According to Foresight News, cross-chain settlement protocol Everclear will cease operations including its foundation, lab, and product development. The protocol's core cross-chain solver business failed to achieve sufficient commercial depth and was unable to convert trading volume into
XRP and RLUSD were described as serving separate XRP Ledger roles, with XRP routing trades and RLUSD supporting dollar-based transactions. Evernorth’s Sagar Shah described XRP as an intermediary asset that routes trades in the background, while stablecoins remain tied to issuer requirements and
According to BlockBeats, on May 22, Dankrad Feist, a former Ethereum Foundation core developer, proposed establishing a new ETH advocacy organization funded with at least $1 billion. The initiative aims to address the
Charles Hoskinson, founder of Cardano, has warned that the blockchain network risks losing its core scientific talent after delegated representatives voted against a major research funding proposal. In a May 20 post on X, Hoskinson expressed deep sadness over the outcome, stating: "Cardano will
According to Hoskinson's May 20 X post, Cardano founder Charles Hoskinson warned that delegated representatives in Japan voted against a major research funding proposal, risking the closure of his laboratory and the loss of core
According to an announcement on X on May 21, Syndicate Labs, a venture-backed Ethereum rollup infrastructure provider, is winding down operations after five years. The company cited a dramatic contraction in demand for shared rollup technology as the primary reason, noting that blockchain