Project Progress

According to Ethena's official announcement, the platform launched an additional $50 million USDG lending capacity. Leveraged USDe Multiply positions on Kamino are currently generating 25%+ APY, with additional liquidity now available to support further cycling demand on

THORChain confirmed a $10 million exploit detected on May 11 and launched a recovery portal on May 16 for affected users to revoke malicious token approvals and submit refund claims. According to PeckShield's post-mortem analysis, trading and outbound signing were paused within 8 minutes of the dete

Aave and Kelp resumed rsETH bridging after transferring the first recovery tranche to LayerZero. New security upgrades include extra transaction attestors and higher block confirmation requirements. Aave founder Stani Kulechov backed the Clarity Act as support for DeFi development in the

According to ChainCatcher, HypurrFi announced on May 16 it will cease brand operations and transfer its Mewler lending market infrastructure on HyperEVM to Euler for maintenance and operation, with a full shutdown deadline of July 15, 2026. The protocol has suspended new borrowing on its Pooled mar

According to Foresight News, Nasdaq-listed treasury company Hyperion DeFi reported Q1 net profit of $8.8 million, a significant improvement from the $39.8 million net loss in Q4 2025. The company increased its HYPE token holdings to over 2 million tokens, adding approximately 60,000 tokens since the

According to BlockBeats, THORChain officially denied rumors circulating on social media on May 16, stating that the project has no ongoing refund, airdrop, or compensation plans. The official statement clarified that multiple fake accounts have been spreading misinformation regarding these

According to Solana's official announcement on May 15, the network activated a quantum signature scheme on its mainnet that reduced required compute units from 770,000 to 444,000, representing a 42% optimization aimed at improving transaction efficiency and lowering resource requirements for network

According to BlockBeats, AVE transitioned to an on-chain fintech platform on May 16, offering Meme spot trading, prediction markets, on-chain derivatives, stocks, pre-IPO access, precious metals, and oil in a unified interface. GANA Payment announced full support for the partnership, with both

According to The Block, Jito Labs announced JTX, a new consumer-facing trading terminal aimed at pro-retail traders, at Consensus Miami earlier this month. The platform will initially launch crypto spot trading in July, followed by perpetuals futures via a partnership with Solana-based exchange

Stabble, a Solana-based decentralized exchange ( DEX), urged all liquidity providers on Tuesday, to withdraw their funds immediately after onchain investigator ZachXBT publicly linked a former employee to suspected North Korean IT operations. Key Takeaways: Stabble urged all liquidity providers t

According to BlockBeats, on May 16, Aptos Labs announced the launch of KRW1, the first stablecoin pegged to the Korean won, on the Aptos network. Issued by BDACS Korea, KRW1 is designed to support on-chain payments and digital commerce applications in South Korea and broader markets.

According to CoinDesk, DeFi protocol Lombard abandoned LayerZero in favor of Chainlink CCIP in April, migrating over $1 billion in bitcoin-backed assets. The move followed a comprehensive security review after the KelpDAO attack that resulted in $292 million in losses earlier that month. Lombard

According to Foresight News, TAC's blockchain team confirmed on May 14 that attackers have returned approximately 90% of the ~$2.8 million in assets (USDT, BLUM, and tsTON) stolen from the cross-chain layer on May 12, with the attacker retaining 10% as a white-hat bounty. The stolen funds were

According to The Block, Jito Labs co-founder and CEO Lucas Bruder announced the launch of JTX, a consumer-facing trading terminal targeting "pro-retail" traders, during an interview at Consensus Miami earlier this month. JTX will initially support crypto spot trading beginning in July, followed

According to Cardano founder Charles Hoskinson, the network has already begun researching quantum-resistant alternatives and plans to present a research proposal next week. Speaking to Gokhshtein News Network, Hoskinson stated that Cardano addressed quantum computing concerns proactively rather

Monarq, Flare, and Upshift have launched MXRPY, a managed multi-strategy yield vault for XRP holders on the Flare network. Key Takeaways: Monarq, Flare, and Upshift launched MXRPY today to offer XRP holders a new 3% to 4% APY yield vault. This product expands XRPFi on Flare by mixing

Recent discussions around the XRP Ledger (XRPL) have highlighted features that enable institutional adoption through compliance tools while preventing concentrated control. According to commentary from Evernorth, a digital asset treasury company with former Ripple leadership ties, XRPL's design

According to BlockBeats, HypurrFi, a non-custodial lending protocol native to HyperEVM, announced on May 15 that it will halt brand operations and transfer the Mewler lending market infrastructure built on Euler to Euler for maintenance and operation. All markets remain solvent and operational

According to BlockBeats, KelpDAO announced on May 15 that the rsETH protocol has resumed full normal operations. The rsETH exchange rate was updated at 16:45 CET today, incorporating all staking rewards accrued during the suspension period. EIGEN rewards are now being distributed to rsETH holders co

TON's new Agentic Wallets standard lets Telegram AI bots hold user‑funded wallets on TON, spending within tight limits as semi‑autonomous financial actors inside chat. Summary TON Tech has launched "Agentic Wallets," an open, self‑custodial standard that lets AI agents on Telegram hold funds an