Project Progress

According to CoinMarketCap, ETHFI rose 21.59% over the past week as of August 14 after the platform announced the launch of its next-generation crypto neobank. The new version integrates deposit yields, trading, borrowing, and payment capabilities into a single application. EtherFi also introduced a

Ethereum researchers have proposed EIP-8363, a mechanism that would burn an increasing share of validator rewards as more ETH enters staking. Roughly 41.9 million ETH is currently staked, representing approximately 34% to 35% of the network's supply according to August data from StakingRewards and v

As staking reached 34.76% of Ethereum's supply on August 14, researchers proposed EIP-8363 to cut validator rewards through tapered issuance burns. Roughly 41.9 million ETH is currently staked, with EIP-8363 aiming to reduce consensus-layer validator yield from approximately 2.6% to 1.2% after

NEAR Protocol's NEAR AI division launched a staking feature on July 30 that allows users to lock NEAR tokens in exchange for recurring AI compute credits, and more than 500,000 NEAR tokens were staked within approximately two weeks. The feature redirects staking yield into confidential AI

The Stellar Development Foundation upgraded its network on July 16, 2026, adding MoneyGram, Figure Markets, and Range as Tier 1 validators. The integration is expected to complete by mid-August 2026. Tier 1 validators operate the core infrastructure of Stellar's consensus protocol,

The Stellar Development Foundation upgraded MoneyGram, Figure Markets, and Range to Tier 1 validators on July 16, 2026, with the integration expected to complete by mid-August. Tier 1 status places these validators at the top of Stellar's trust hierarchy, requiring them to operate geographically

According to The Block, Standard Chartered's Geoffrey Kendrick stated that UNI token burning rate more than doubled after the Robinhood fee-sharing mechanism launched on July 27, reaching an annualized rate of $90 million. This corresponds to approximately 25 million UNI tokens, representing

According to Lido, the NEST automated LDO buyback mechanism launched on mainnet on August 14, following on-chain votes held from August 5-8. The system operates in 'Treasury-only mode,' with all purchased LDO directed to the DAO treasury. The mechanism is rules-based: when DAO staking income

Decentralized finance protocol Neutrl suspended minting and redemptions for its NUSD synthetic dollar Thursday after unspecified circumstances affected protocol reserves. The protocol paused other functions on legal advice while assessing impact, with about $53.6 million of NUSD in circulation

Neutrl, a decentralized finance protocol, suspended minting and redemptions for its NUSD synthetic dollar on Thursday after unspecified circumstances affected protocol reserves. The protocol also paused other functions on legal advice while assessing the impact but did not disclose which asset or co

According to ABFinance's official X account, the project announced it is terminating its planned launch and beginning orderly operational shutdown. The team expressed gratitude to community members, partners, and contributors. The announcement did not disclose specific reasons for the closure or

Paxos, the issuer of the gold-backed cryptocurrency PAX Gold (PAXG), introduced a redesigned allocation system on Aug. 13 that connects each token with specific physical gold bars in real time. The upgrade was designed to improve transparency, processing efficiency, regulatory readiness and

Paxos announced on August 13 that it has upgraded the allocation system for its gold-backed token PAXG, implementing real-time tracking of physical gold bar ownership. The new system reduces processing time from approximately two hours to 1.24 milliseconds, with transfers, minting and burning

According to ChainCatcher, Boltzhq has shut down following escalating AI-assisted attacks that overwhelmed its five-person team. The service's founder has stepped down, while a group of veteran Bitcoin users are taking over operations with fresh capital and engineering resources. Boltzhq remains

According to ChainCatcher, AI economic settlement protocol AEON announced that it processed over $39 million in transactions during July, bringing cumulative transaction volume to $514 million with user base exceeding 2.3 million. QR code and crypto payments settled through AEON grew 83.5% and 55% m

Plume Network and Shinhan Asset Management signed a memorandum of understanding to conduct a proof of concept for a South Korean won-denominated tokenized fund, marking an effort to introduce non-dollar institutional assets into blockchain-based capital markets. The initiative will

According to Lido DAO, the protocol launched its NEST (Network Economic Support Tokenomics) mechanism to automatically bind protocol revenue to LDO token value through chain-based buybacks. The mechanism targets 1,000 LDO purchases daily against a revenue baseline of $40 million annually; when proto

According to Odaily, Hyperliquid's HIP-4 mainnet has launched with a new fee mechanism for result markets. Starting with the next network upgrade, result market average trading fees will be set at half the level of non-result spot trading fees. The mainnet rollout will proceed conservatively with