Project Progress

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

The Ethereum Foundation is abandoning the Poseidon hash function on its base layer in favor of traditional options like SHA or BLAKE, according to researcher Justin Drake. Drake announced the decision on August 13, marking the conclusion of an eight-year research effort. The shift stems from

According to Foresight News, Anoma and Bebop have launched confidential swaps functionality on AnomaPay today. The feature enables users to execute token exchanges while concealing transaction details and trading strategies, with guaranteed pricing and zero slippage. Confidential swaps are

According to Foresight News, payment blockchain Tempo has launched Tempo Earn, a product feature that allows platforms to embed stablecoin yield plans directly into their offerings. Users can earn rewards on idle stablecoin balances without leaving the platform, while platforms retain full control o

According to Foresight News, on-chain trading platform Variational has launched Isolated Margin functionality. Users can now select isolated margin or cross margin mode for any position independently.

According to its H1 2026 report released on August 14, LG CNS is developing a platform for stablecoin issuance, trading, and distribution. The company is also advancing research into transaction confidentiality and interoperability technologies for CBDCs and stablecoins, enabling secure

Riot Platforms sold approximately 4,300 Bitcoin during the second quarter of 2026, reducing one of the crypto mining industry's largest corporate Bitcoin treasuries. The company ended June with 11,380 BTC, valued at approximately $666 million using Bitcoin's June 30 market price of $58,527, with 5,8

According to Foresight News, Cardano wallet service SecondFi announced it will cease operations and has launched a wallet migration tool on August 13. The tool enables users to transfer remaining Cardano

According to ChainCatcher, Metaplanet CEO Simon Gerovich disclosed that the company's H1 FY2026 revenue reached 4.94 billion yen, up 134% year-over-year. Operating profit for the period hit 3.33 billion yen, representing a 136% increase compared to the same period last year.

According to Foresight News, Doodles Toy Factory will open on August 19. The platform enables users to transform any image or idea into custom physical toys and collectibles.

Decentralized finance protocol Neutrl suspended minting and redemptions for its NUSD synthetic dollar on Thursday after unspecified circumstances affected protocol reserves. The protocol paused other functions on legal advice while assessing the impact but did not identify the affected asset,

According to Cointelegraph, Neutrl suspended NUSD minting and redemptions on Thursday over an unspecified reserve issue affecting protocol functions. The protocol did not disclose the affected asset, counterparty, or whether reserves suffered a realized loss. With approximately $53.6 million in NUS

Mitsubishi UFJ (MUFG) announced on August 14 that four of its subsidiaries will collaborate to launch an on-chain proof of concept (PoC) for Japanese government bond repurchase (repo) transactions, using Canton Network as the underlying blockchain infrastructure. The initiative aims to achieve 24/7 real-time settlement, automate the entire trade lifecycle through smart contracts, and improve collateral efficiency. Roles of Mitsubishi UFJ’s Four Subsidiaries and Canton Network’s Technical Foundat

According to Foresight News, TLAY, an AI-driven machine economy embedded trust layer, announced it is building an embedded wallet and trust infrastructure for machine-to-machine (M2M) payments. The solution enables devices to autonomously hold value, assess price signals, and authorize

From Q4 2025 through Q2 2026, the combined hashrate of publicly listed Bitcoin mining companies fell 13.4%, exceeding the 10.6% decline in the global Bitcoin hashrate over the same period. The fundamentals of Core Scientific and TeraWulf have undergone a structural shift: Core Scientific’s Q2 AI hosting revenue reached $136.7 million, nearly five times its mining revenue. Six-Month Hashrate Decline of Listed Mining Companies Compared with the Global Hashrate According to the latest Miner Weekly

Stablecoin issuer Tether announced Thursday that it has completed its first comprehensive independent financial statement audit. KPMG US issued an unqualified opinion (also known as a "clean" opinion) on Tether International, S.A. de C.V.'s financial statements for the year ended

Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a 4-part digital money framework on Aug. 13 that assigns separate financial functions to bitcoin, credit products, and payment instruments. The framework positions BTC as digital capital, with layered products including STRC