Project Progress

According to The Block, Bitcoin hardware wallet manufacturer Foundation completed a $6.4 million Series funding round led by Fulgur Ventures, with Arche Capital participating, on May 21. The funding brings Foundation's total raised to $16.5 million. The company plans to expand beyond self-custody wa

25 additional banks have joined Qivalis, a European stablecoin initiative now backed by 37 financial institutions across 15 countries. The project reflects growing efforts by European lenders to build blockchain-based payment infrastructure independent of U.S.-dominated networks. Key

According to BlockBeats, on May 21, decentralized card game Fantasy.top announced it will cease operations at the end of June and return all investor funds on a dollar-for-dollar basis. The project distributed over $20 million in player rewards and $3.2 million to Hero tokens, with 86% of players

According to The Block, Syndicate Labs announced Wednesday that it is winding down operations after five years, citing a dramatic contraction in the rollup market. "The rollup market has shrunk dramatically. For every new rollup spinning up, several more are quietly shutting down," the Ethereum

On May 21, Sui launched gasless stablecoin transfers, enabling zero-fee payments for USDsui, SuiUSDe, AUSD, FDUSD, USDB, USDC, and USDY without requiring SUI token balances. The Layer 1 blockchain introduced the feature with support from Fireblocks and plans institutional custodians and consumer

According to Kelp, the agETH vault will reopen on Thursday at 6 PM Beijing time following an update to the rsETH exchange rate and protocol normalization. The rate has been adjusted from 1 agETH: 1.00114 rsETH to 1 agETH: 0.99646 rsETH, reflecting a total impact of approximately 75 ETH due to

Soluna (NASDAQ: SLNH) Holdings has acquired full ownership of another portion of its flagship Texas campus, continuing a broader effort to transform a bitcoin mining complex into an AI and high-performance computing site backed by owned renewable energy. This article first appeared in The Energy

According to Ripple and Project Eleven, the two firms recently announced a collaboration to strengthen the XRP Ledger against quantum computing threats before cryptographically vulnerable systems become at risk. The initiative will conduct a comprehensive audit of XRPL's validator infrastructure,

According to Foresight News, Intersect, Cardano's ecosystem governance organization, has launched the Cardano Critical Integrations V2 proposal requesting 23 million ADA (approximately $23 million) to support critical infrastructure in its second year. The proposal covers maintenance and

Syndicate Labs 宣布五年後逐步關閉，因 EVM Rollup 市場結構性萎縮，轉向自定義鏈。Labs 停止運營並開源代碼；Syndicate Network Collective 繼任治理。SYND 持有者獲全額補償（含 15% 獎勵）、等量 SYND 已銷毀。關閉與 Commons Chain 事件無直接關係，市場轉向應用鏈與專用鏈，壓縮通用 Rollup 需求。

Pi Network創辦人範成雕認為代幣應成為獲取真實用戶與互動的工具，而非融資或退出手段，並以 Pi Launchpad 為案例說明如何以區塊鏈、身份驗證與網路支援實用產品。科卡利斯博士則強調在 AI 時代需情境化的人類驗證，重視隱私保護，避免洩露超出情境需求的資訊，並區分協助真實用戶的 AI 代理與偽裝成人類的活動。

According to an announcement on X on May 21, Syndicate Labs is winding down operations after five years developing on-chain developer infrastructure. The team cited a fundamental transformation in the Rollup market, with many Rollups closing as new ones launch, moving away from Syndicate's

Crypto Dispensers appointed Vladimir Serna as Chief Operating Officer today (May 21) as the company scales Bitcoin POP™, a software-driven retail cash deposit infrastructure designed as a modern alternative to traditional Bitcoin ATMs. Through Bitcoin POP™, customers generate a barcode in their

According to Token Terminal data, Steakhouse Fi has expanded its lead in Morpho's vault curator ecosystem to approximately $1 billion, significantly ahead of second place. The gap contrasts sharply with one year ago, when the protocol held no substantial advantage over competitors, demonstrating

Fantasy.top 宣布在運營兩年後於6月底停止全部服務，投資者以1:1全額退款。平台累計向玩家發放逾2000萬美元獎勵，向英雄KOL發放320萬美元；月收入自2024年峰值起下滑93%，活躍用戶由21,500降至約2,000。TCG模式高度依賴交易量，留存困難，類比NBA TopShot、SoRare的衰退。停運時間表：5/21起停止部分功能，6/18結清獎勵，6/25下線並完成退款。

According to PANews, on May 21, Fantasy.top announced it will shut down its on-chain trading card platform by the end of June after two years of operation. The team stated that the long-term economics of the TCG model proved unsustainable, with insufficient trading volume to support ongoing operatio

TAC 公佈事後分析稱排序器未驗證入站橋訊息中 Jetton 錢包程式碼哈希，致攻擊者得以偽造 Jetton 錢包觸發鑄造並轉出 TON。總損失約 285.4 萬美元（USDT 243.4 萬、BLUM 40.3 萬、tsTON 1.8 萬）。5/14 追回約 229.07 萬美元，追回率 80.2%，剩餘約 28.8 萬由基金會補償。恢復需獨立審計與資金缺口彌補，時間表待官方更新，請勿回覆或點擊未請求的恢復私訊。

According to Foresight News, Solana perpetual futures protocol Drift announced that Insurance Fund depositors will be able to withdraw their staked shares after the protocol restarts. The Insurance Fund was not affected by the recent attack, and Drift's own Insurance Fund assets will support the pro

According to PANews, on May 21, TON network extension project TAC disclosed that approximately 90% of the $2.86 million in assets affected by the May 11 TON-TAC bridge security incident had been recovered by May 14. The vulnerability stemmed from a missing verification in the sequencer software;

Sui launched gasless stablecoin transfers today (May 20), a protocol-level feature enabling users and businesses to send supported stablecoins without paying gas fees or holding SUI tokens. Transfer fees on the Sui network are now $0.00. Fireblocks, the enterprise platform securing over $14