Project Progress

According to a proposal co-authored by Aave Labs, Kelp DAO, LayerZero, EtherFi and Compound, Arbitrum's governance voted on May 7 to unfreeze 30,765 ETH (approximately $71 million) frozen after the Kelp DAO exploit. More than 90.5% of voting power, representing 173.9 million Arbitrum tokens, support

According to Manta Network, the protocol is closing its staking program, with staking rewards ceasing immediately. Node operators can withdraw at any time. The project cited concerns that inflation-based yield mechanisms would dilute MANTA holder value long-term. Manta Network plans to transition to

According to Adeniyi Abiodun, Mysten Labs co-founder, at Consensus 2026, the Sui network has processed more than $1 trillion in stablecoin volume since August. Abiodun positioned the blockchain as a future "default network for how you move money" through planned zero-fee stablecoin transfers and

Ripple, Mastercard, Ondo Finance, and JPMorgan recently completed a pilot transaction that redeemed tokenized U.S. Treasury holdings on the XRP Ledger and settled the related U.S. dollar payment across borders. The transaction involved Ondo's Short-Term U.S. Government Treasuries fund (OUSG). Ripple

According to official announcement, xStocks' xChange unified execution layer launched on Mantle, offering zero slippage and deep liquidity powered by Atomic RFQ. The platform enables 24-hour trading of 10 tokenized U.S. stock assets including Tesla (TSLAx), Nvidia (NVDAx), Apple (AAPLx), and Meta (M

According to Odaily, Tether AI Research Group released QVAC MedPsy, a medical AI model designed to run locally on smartphones and wearable devices without cloud dependency. The 1.7 billion-parameter version scored 62.62 on seven medical benchmarks, outperforming Google's MedGemma-1.5-4B by 11.42 poi

According to Tether's AI research team, the company today launched QVAC MedPsy series medical language models designed for local deployment on smartphones and wearables without cloud dependency. The 1.7B-parameter version scored 62.62 on seven medical benchmarks, exceeding Google MedGemma-4B

According to Odaily, CatFee.io has launched a free Telegram bot for TRON energy rental, enabling users to manage energy directly through the messaging app without complex on-chain configuration. The bot supports automated energy management, batch purchasing, and energy distribution. The

Core Scientific sells BTC worth $208 million in 2026 Q1. In January, it sold 1,900 BTC to fund cash flow for the AI data center transformation and to execute its Q1 liquidation plan. The key highlights include a 12-year CoreWeave contract of about 590 MW covering 5 locations, with contracted revenue exceeding $10 billion, and a 3.0 GW pipeline to strengthen visibility into long-term revenue. Revenue fell 40% year over year over the past 12 months, with a gross margin of 10%. The share price rose on the positive news, with expectations that from 2027 onward, a turnaround will be driven by power on.

According to ChainCatcher, Alchemy Pay's Alchemy Chain mainnet went live today (May 7), a blockchain designed for stablecoin payments and compliance. Alchemy Chain is positioned as the first payment chain to integrate both Europe's MiCA and Hong Kong's HKMA regulatory frameworks, establishing

According to World Liberty Financial, a governance proposal to unlock 62.2 billion WLFI tokens ended today (May 7) with overwhelming community approval. The vote reached 99.9% in favor with 11.2 billion WLFI supporting the proposal, compared to only 11.2 million WLFI in opposition, exceeding the

The Financial Supervisory Commission’s 5/7 report shows that the VASP Act draft was approved on 4/2 and submitted to the Legislative Yuan. Stablecoins must be permitted, backed by fully reserved assets, must not pay interest, and require regular disclosures. The pilot approval for virtual asset custody has authorized 5 banks, and 8 banks have completed inter-bank gold token clearing. RWA tokenization has completed concept validation in bonds and funds, with a gold clearing proof-of-concept implemented, and it is also advancing FinLLM, post-quantum cryptography, and AI governance.

On May 7, Toncoin (TON) surged more than 24% within 24 hours, hitting $2.20 and reaching a new high since last November. On Monday, Telegram founder Pavel Durov announced on X that Telegram has become the largest verification node on the TON network, while also stating that transaction fees were reduced by 6 times to 0.00039 TON.

According to the Cardano Foundation and University of Brasilia, the two organizations announced a strategic partnership on May 6 aimed at advancing blockchain research and real-world applications across Latin America. The collaboration will establish the first Cardano project development

According to a technical article published on May 6 by Near One CTO Anton Astafiev on the official NEAR technical blog, and an official announcement from the NEAR Protocol on X on the same day, the Near One team is adding its first post-quantum cryptographic signature scheme to the NEAR network. According to the announcement, the proposed scheme is FIPS-204.

At Consensus 2026 Miami on May 7, Pi Network co-founder Dr. Chengdiao Fan addressed token design, emphasizing that tokens should serve real users and product development rather than function primarily as capital-raising tools. During her keynote speech titled "Aligning Web3, AI, and Blockchain for

Samsung SDS has secured a contract from Korea Securities Depository (KSD) to develop a tokenised securities platform ahead of South Korea's 2027 digital securities framework. The platform, expected to be completed by February 2027, will connect blockchain-based distributed ledger infrastructure

According to Aave's announcement on Wednesday, the onchain lending platform has liquidated the Kelp DAO attacker's remaining rsETH positions as part of a previously announced recovery plan. The liquidated collateral has been moved to the Recovery Guardian, a multisig managed by the DeFi United

According to Bullish CEO Thomas Farley at Consensus 2026, the company has completed the tokenization of its entire equity (151 million shares) on Solana. Farley demonstrated a live transfer using Phantom wallet during the

According to an announcement from Pi Network’s official X account, Pi Network co-founder Chengdiao Fan delivered a speech at Consensus 2026 in Miami, USA on May 6 on “Practical Integration of Web3, AI, and Blockchain,” while Kokalys participated on May 7 in a discussion titled “How to Prove You’re Human in an AI World.”