Project Progress

According to CoinDesk, zero-knowledge blockchain Miden is launching privacy stablecoin USDCx at mainnet launch scheduled for late August. USDCx is natively issued via Circle's xReserve infrastructure and backed 1:1 by USDC held in xReserve smart contracts. Users can hold and transfer USDCx without p

According to Anchorpoint, the Standard Chartered-backed company launched the beta phase of its Hong Kong dollar-backed stablecoin HKDAP today (August 12), with OSL Group among the first authorized distributors. The launch marks the first live phase around four months after the Hong Kong Monetary

Zilliqa launched an address checker ahead of its August migration as part of recovery efforts following a Ledger-related security incident. The tool allows users to verify wallet information as the network prepares for a broader migration process and transition toward Zilliqa EVM. The launch comes a

According to Zilliqa, on August 12, the network launched an address checker tool to help users verify wallet information ahead of its planned migration to Zilliqa EVM. The tool supports users affected by the earlier Ledger-related security incident to review address details before migration

According to PANews, on Aug 12, Eco announced that its Routes API has launched "Any-to-Any Swaps" functionality, enabling users to exchange any token on one chain for any token on another chain in a single transaction. The feature defaults to LayerZero as the settlement layer and initially covers al

According to Foresight News, Wavebridge and BC Card completed a proof-of-concept for stablecoin-based QR payments on the Base network. In the test environment, foreign visitors were able to use US dollar stablecoins from Base network wallets to make purchases at BC Card

According to Jito, the FireBAM validator client is now open-sourced and live on mainnet, supporting both Frankendancer and Firedancer clients. Validators running FireBAM gain access to BAM verifiable sequencing capabilities, Jito Tips, and priority fee revenue. Nodes running FireBAM are eligible

According to Foresight News, ENS announced on August 12 that ENS App and ENS Explorer have entered public Beta testing on Ethereum Sepolia testnet. Users can test the new ENSv2 registry and the first public upgrade process. New features include name upgrades, custom themes, renewal functionality, and price change alerts in ENS App; direct renewal, subdomain management, and dedicated top-level domain pages in ENS Explorer. Starting August 18, ENS will run a security audit competition with Immunef

Fidelity Investments filed with the US Securities and Exchange Commission on Tuesday to add staking capabilities to its spot Ether exchange-traded product, the Fidelity Ethereum Fund (FETH). The asset manager stated that FETH could stake up to 100% of its Ether holdings under normal conditions,

Fidelity Investments filed with the US Securities and Exchange Commission on Tuesday to add staking capabilities to its spot Ether exchange-traded fund, the Fidelity Ethereum Fund (FETH). Under normal conditions, FETH could stake up to 100% of its Ether holdings, excluding reserves for redemptions a

According to ChainCatcher, Venus Protocol has launched the Liquidity Hub, a unified liquidity layer enabling users to deposit a single asset and receive corresponding Hub Tokens. The protocol automatically optimizes yields across Core, Flux, and Fixed-Rate Vaults, eliminating the need for manual pos

According to Foresight News, Hyperliquid's foundation has opened its non-validator nodes to peer access by infrastructure service providers, aiming to lower barriers to high-quality on-chain data. Admission criteria include: minimum 1-year operating history, 100+ active clients, coverage of at

Bluwhale, an AI-native financial operating system, was named to the Inc. 5000 for the first time, ranking No. 2372 on the 2026 list of fastest-growing private companies in America. The ranking reflects the company's revenue growth from 2022 through 2025, a period during which Bluwhale scaled the

According to Vitalik Buterin's recent post on X, Ethereum co-founder compared the network's earlier roadmap with a newer L1 Strawmap, elevating privacy and quantum safety as higher-priority research areas. The updated planning document emphasizes native privacy requirements, keyed nonces, shielded p

According to PANews, Zilliqa announced on August 12 that its address checker has gone live as part of its Ledger incident response. The migration tool is entering audit phase, with the team set to announce its launch date upon completing audit assessments. Multiple exchanges have confirmed

Keel Infrastructure shut all US Bitcoin mining sites, repurposing them for AI and high-performance computing per its August 2026 Form 10-Q. The company reported a $65 million net loss alongside $819 million in total liquidity and $121 million in Bitcoin reserves. The shift represents a regional

According to HyperliquidNews, Hyperliquid extended HIP-1 with a new scaleWei function controlled by deployers, enabling atomic proportional balance transfers for scenarios such as denomination redenomination. When a token equals the referenceToken, unfilled orders will automatically

Kostas Chalkias, co-founder and chief cryptographer of Mysten Labs, has revealed plans to mass-produce an affordable quantum-resistant hardware wallet for the Sui blockchain, with a target retail price below $10. The personal initiative, undertaken outside his corporate role, involves leasing a

Solana Name Service and Solflare announced a collaboration to support an upgrade for .sol domains. The partnership focuses on improving compatibility for Solflare wallet users as Solana's naming infrastructure evolves. According to an August 10 social media post from Solana Name Service, .sol