Project Progress

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

Securitize posted record first-quarter revenue of $19.5 million, up 39% from a year earlier, as the tokenization firm expanded institutional partnerships with the New York Stock Exchange and decentralized exchange Uniswap. The company's tokenized assets under management reached $3.4 billion as of

Wintermute has introduced Armitage, a new DeFi vault curation platform designed to apply institutional-grade trading and risk management to decentralized lending markets. The first USDC-denominated vaults are already live on Morpho. Key Takeaways: Wintermute launched Armitage, with 2 USDC vaul

Sentient has officially launched Challenge 0, the latest season of its hackathon. The event offers $6,000 in prizes and MiniMax points to participants.

According to Drift Protocol, after the protocol's recovery, insurance fund stakers can withdraw their corresponding shares. The insurance fund remained unaffected by the vulnerability due to early protocol suspension before losses materialized through liquidation or bankruptcy pathways. Drift Proto

According to ChainCatcher, Drift Protocol stated on X that after protocol recovery, insurance fund stakers will be able to withdraw their corresponding shares. The insurance fund, designed to maintain protocol solvency during liquidations or insolvencies, was not impacted by the vulnerability as the

According to Drift, Solana perpetual futures protocol, Insurance Fund depositors will be able to withdraw their staked shares after the protocol comes back online on May 20. The protocol said its Insurance Fund is designed to maintain solvency during liquidations or insolvencies, and was not

Polygon launched Open Money Stack on May 19, 2026, a unified application programming interface platform designed to help digital banks and fintech firms manage wallets, payments, compliance systems, and cross-chain settlements through a single operational framework. According to the company, the pl

According to Cointelegraph, Fireblocks announced the launch of Agentic Payments Suite to support x402 protocol AI Agent payments and joined the x402 Foundation. The suite covers the full payment lifecycle for AI Agents, including wallet infrastructure for agent-initiated transfers, merchant

According to an official announcement, Brevis Vera, a media authenticity verification tool developed by ZK-based verifiable computing platform Brevis, is now available to the public. Users can capture images

According to BlockBeats, on May 20, Brevis launched Brevis Vera, an image provenance tool now open to all users. The tool supports C2PA-standard cameras and phones, allowing users to edit images with operations like cropping, exposure, and color adjustment, then generate a zero-knowledge proof

According to ChainCatcher, VEST officially opened global registration on May 20. The protocol, incubated by Anubis Labs and backed by investors including CoinChief, is built on Anubis Chain and aims to connect real assets, liquidity, and digital rights through on-chain

According to its Q1 2026 report released on May 20, Zcash Foundation announced that the SEC concluded its investigation without recommending enforcement action. The SEC investigation, which began with a subpoena issued in August 2023 regarding crypto asset offerings, has now concluded with no enforc

According to Vitalik Buterin on May 20, Ethereum is advancing native privacy with short-term initiatives including the integration of AA and FOCIL to provide first-class support and strong sequencing guarantees for privacy protocol transactions, Keyed Nonces, and access layer work. Vitalik

iM Bank has completed a proof-of-concept (PoC) for a Korean won stablecoin, implementing the full lifecycle from issuance through payment, settlement, and redemption. On the 20th, iM Bank announced the successful completion of the won stablecoin technology verification project, conducted in

According to iM Bank, on May 20, the bank completed a proof-of-concept (PoC) for a KRW-denominated stablecoin with digital asset infrastructure company OpenAsset, implementing the full lifecycle of issuance, deposits, settlement, and redemption. The bank issued iMKRW on the Kaia blockchain network u

Sygnum became the first regulated Swiss bank to conduct live digital asset market transactions through an artificial intelligence agent while maintaining client control over custody, wallet authorization, and final transaction approvals. The pilot project, announced May 18, 2026, represents a

According to ChainCatcher, Lighter has completed verification of its L2 escape mechanism by third-party L2BEAT. The protocol now allows users to withdraw funds to Ethereum without sequencer approval, even if the sequencer fails. Lighter is the first L2 Perp DEX to implement this