Project Progress

Paxos announced that its subsidiary has received approval from the U.S. SEC, becoming the only U.S. blockchain-native central securities depository and clearing settlement institution that can provide blockchain clearing and settlement in the United States, marking a major advance in financial infrastructure. It took a seven-year path since the no-objection letter, during which it involved BUSD regulatory disputes, an investigation that ended in 2024, and a 2025 settlement with the NYDFS. The existing stablecoins include PYUSD, USDG, and PAXG.

Pi Network Ventures portfolio company CiDi Games launched a test version of an app in the Pi ecosystem on May 14, offering a real-time HTML5 game platform accessible via the Pi browser. Pi Network issued an announcement on May 28 confirming that within less than a week of the test version going live, it attracted more than 81,000 players from over 160 countries. CiDi Games Confirmed Test Features and Organic Growth Data At launch, the test version included 10 games covering casual, puzzle, idle,

Terawulf has acquired a major AI-focused data center site in Kentucky as it accelerates its shift from bitcoin mining toward high-performance computing. The deal strengthens the company’s power-backed infrastructure strategy and drew a strong response from investors. Key Takeaways: Terawulf

CiDi Games, a Pi Network Ventures portfolio company, attracted more than 81,000 users across over 160 countries and regions within seven days of launching its beta application inside the Pi Browser on May 14. The gaming platform generated over 1.2 million game sessions during this period without

According to Pi Network official announcement on May 28, CiDi Games beta application launched in the Pi Browser attracted over 81,000 users and generated more than 1.2 million game sessions within seven days of its May 14 release. The platform, a Pi Network Ventures portfolio company, reached users

Paxos announced that its subsidiary Paxos Securities Settlement Company has received clearing agency registration from the U.S. Securities and Exchange Commission (SEC), authorizing it to provide clearing and settlement services as a central securities depository in the United States. The company's

According to ChainCatcher, Sei unveiled its Giga upgrade roadmap, a next-generation protocol upgrade designed to achieve higher transaction throughput through reconstruction of the execution client, state management, and consensus mechanism. The roadmap includes four core upgrades: Ares execution cl

According to Yuga Labs CEO Michael Figge on May 29, ApeCoin will undergo a structural reorganization to improve operational efficiency. The company had previously operated ApeCo as an independent entity coordinated alongside Yuga Labs amid unclear regulatory frameworks, creating inefficiencies.

According to an announcement from USDD, its yield-bearing token sUSDD officially launched on Pendle's 91-day fixed-rate market on Ethereum on May 28 at 8:00 AM Singapore time. Holders can participate by locking fixed rates, trading yield rights, or providing liquidity. The campaign offers

Ethereum co-founder Vitalik Buterin outlined on May 28 a roadmap for integrating local AI models into Ethereum’s access layer, and confirmed that there is substantial overlap between the CROPS Ethereum access layer and CROPS AI. Buterin confirmed that DeepSeek V4 (its 2-bit quantized version running on 90GB of memory) is a key tool for enabling private local transaction processing. CROPS AI core points confirmed: the technical overlap of ZK remote LLM calls and private RPC In his explanation, Bu

According to Dune Analytics, Tempo, a payment-focused Layer 1 blockchain incubated by Stripe, has processed 3.9 million transactions across 177,000 addresses since launching on March 18. The network's native TIP-20 stablecoin standard now supports over $25 million in circulating supply from

According to ChainCatcher, WasabiCard announced it has surpassed 500 enterprise clients over the past year, with cumulative transaction volume exceeding $1 billion. The stablecoin-based global payments infrastructure platform has distributed over 500,000 cards and operates across 30+ countries and t

Aave Labs released an ARFC (Aave Request for Comments) proposal on May 29, proposing a standardized framework for listing technical assets for Aave V3, V4, and Horizon. Assets with major technical flaws will face reduced borrowing limits, restrictions on collateral parameters, delayed listing, or a recommendation to refuse to onboard the protocol. The proposal confirms that the framework does not replace market risk analysis and governance judgment, but instead provides a technical eligibility b

According to Odaily and Ventuals, the Hyperliquid ecosystem project disclosed earlier today that an oracle malfunction affected its SPACEX market around one hour prior. An off-chain data provider component of the oracle returned erroneous data, triggering sharp price fluctuations and liquidating

According to BlockBeats, on May 29, Aave Labs proposed a unified asset technical review framework for Aave V3, V4, and Horizon. The framework sets standardized requirements for new asset listings, scaling of existing assets, and continued operation, including ERC20 compatibility, oracle

Aave Labs secured UK Financial Conduct Authority (FCA) registration for its Push subsidiaries—Push Labs Limited and Push Virtual Assets Ireland Limited—as cryptoasset exchange providers, expanding the company's regulated operations in Europe. The approval allows Push to conduct crypto-related

DTCC and the Stellar Development Foundation plan to enable DTC-custodied assets to be tokenized on the Stellar network in the first half of 2027. The move expands DTCC’s multi-chain strategy for bringing traditional market assets onto regulated digital rails. Key Takeaways: DTCC and Stellar plan

Cryptocurrency exchange Gemini launched Command Center, an AI-powered personalized market feed built in collaboration with SpaceXAI, Elon Musk's combined rocket engineering and AI organization. The dashboard surfaces real-time insights, signals, summaries and predictions based on user preferences, i

Trezor added native stablecoin yield to Trezor Suite on Thursday, letting users earn on USDC and USDT without leaving the hardware wallet’s interface. Key Takeaways: Trezor launched native USDC and USDT yield in Suite v26.5.2 on May 28, 2026, powered by Morpho. Over 2 million Trezor users