Project Progress

According to researcher Justin Drake, the Ethereum Foundation abandoned Poseidon hash function on Thursday (Aug 12) in favor of established alternatives such as SHA and BLAKE for its post-quantum architecture. Advances in SNARKs—compact proofs used to verify computations efficiently—now enable

According to Decrypt podcast (August 12), 6th Man Ventures co-founder Mike Dudas said Solana is well-positioned to attract mainstream users because it supports trading, payments, and settlement on a single network. Dudas noted that consumer apps can hide blockchain technicalities, allowing users to

Fidelity filed a pre-effective amendment with the Securities and Exchange Commission on Aug. 11 to add staking functionality to the Fidelity Ethereum Fund (FETH). The filing would change the fund's objective from tracking ether's price to also capturing staking rewards, allowing FETH to stake up to

According to HyperliquidNews, Hyperliquid launched EQSPY spot trading today, with an initial purchase of 500.03 HYPE tokens valued at $28,800.

According to Figure Technology Solutions, the blockchain-native lending platform reported second-quarter net income of $87 million, nearly tripling from $30 million year-over-year. Consumer Loan Marketplace volume surged 132% to $4.3 billion, with the company adding over 100 new loan-origination

According to Pump.fun's announcement on X on August 13, the platform launched Callout Rewards, a feature allowing users to earn token rewards based on trading volume generated through their token recommendations. Users receive daily rewards calculated proportionally by ranking, with automatic

According to ChainCatcher, Neutrl announced today on X that it has temporarily suspended minting, redemption, and other protocol functions due to a situation affecting the protocol's reserves. The team stated the suspension was taken on legal advisor recommendation to protect user interests and

According to ChainCatcher, Conflux Network will launch its v3.1.0 hard fork upgrade on August 25, introducing EVM compatibility updates, bug fixes, RPC changes, and security enhancements. CIP-173 is expected to activate on August 26.

According to Euler Labs' official announcement on August 13, EulerFinanceBot TAC Telegram mini-app will be permanently discontinued on August 27 due to network maintenance. The protocol urged users to withdraw any

Ether.fi, an Ethereum-focused decentralized finance platform, announced Thursday the addition of tokenized asset trading, portfolio-backed loans, and fiat accounts to its self-custodial app. The platform now supports trading of tokenized stocks, metals, and crypto assets, with an integrated

According to Hyperliquid founder Jeff, after the next network upgrade, Hyperliquid Liquidity Provider (HLP) will rebalance underutilized USDC to its lending substrategy. Currently, HLP has total TVL of approximately $188.7 million, with around 79% of funds in idle cash and $40.06 million allocated a

According to ChainCatcher, Ether.fi announced the addition of tokenized stock, metal, and crypto asset trading to its self-custody app, alongside portfolio collateral lending and global fiat accounts. Users can borrow against multiple holdings via an Optimism-based Aave integration market without se

According to Odaily, Flap launched bBroker Vault on BNB Chain, powered by bStocks, a mechanism that converts Meme token trading activity into NFT rewards and tokenized equity ecosystem benefits. Users pay fixed fees in corresponding tax tokens to mint bBroker NFTs, with tokens immediately burned.

According to Neutrl on August 13, the decentralized yield protocol suspended minting, redemptions, and other protocol functions due to impact on the protocol's reserves. The suspension was taken after consulting legal advisors to protect user interests and maintain orderly operations during the

According to PANews, Sharplink, a Nasdaq-listed Ethereum treasury company, staked $200 million worth of ETH through the Lido liquid staking protocol today (August 13) to enhance its ETH yield generation capacity. The company will receive wrapped staked ETH (wstETH) representing the staked assets