Project Progress

According to Foresight News, Huma Finance's legacy v1 contract deployed on Polygon was exploited by attackers today, resulting in a loss of 101,400 USDC. The protocol stated that user funds remain unaffected and its PST token is unimpacted. The v2 system on Solana, a complete rebuild, is not

According to Sky Ecosystem, the USDS OFT cross-chain bridge on Solana resumed operations on May 11 following the completion of a security review related to an rsETH vulnerability. Sky stated that neither the Sky Protocol nor USDS contracts were affected during the review period, and USDS remained f

According to Luffa's official announcement on May 10, the Web3 messaging platform rolled out a major update adding wearable device support, NFT-verified communities, and Solana wallet integration. The update enables compatibility with Wear OS and Apple Watch devices, allowing users to manage

According to CoinDesk, Solana's core development team Anza announced that the Alpenglow consensus upgrade has gone live on the community testnet, allowing validators to switch from the current Proof-of-Stake, Proof-of-History, and TowerBFT architecture to the new consensus framework. The upgrade

According to Foresight News, Circle released the Arc blockchain whitepaper on May 5. The mainnet launch is planned for summer 2026, with testnet operations beginning in October 2025. As of May 5, the testnet has processed 244.1 million transactions. Arc is positioned as an institutional-grade blockc

According to Ondo Finance, on May 11, Ondo launched support for bridging 35 tokenized equities and ETFs—including SPYon, NVDAon, and TSLAon—from Ethereum and BNB Chain to Hyperliquid's HyperEVM via Ondo Bridge. The integration enables users to combine tokenized assets with Hyperliquid perpetual

According to CoinDesk, Ronin will migrate from an independent sidechain to Ethereum Layer 2 via hard fork on May 12, bringing approximately 10 hours of network downtime during which all transfers, swaps, contract interactions, and on-chain gaming activities will be paused. The upgrade introduces

According to BlockBeats, Tether launched a developer grant program on May 11, offering USDT or Bitcoin rewards ranging from $1,500 to $4,000 per task. The program has no total funding cap and distributes rewards based on technical deliverables. The initiative focuses on Tether's open-source

According to Circle's Q1 2026 earnings report, USDC on-chain transaction volume reached $21.5 trillion in the first quarter, up 263% year-over-year. Circle reported total revenue and reserve earnings of $694 million, representing a 20% increase compared to the same period last year. The company

According to mpost.io, KalqiX released its platform overview on May 11, launching its Central Limit Orderbook (CLOB) DEX on mainnet. The platform enables any project to deploy their own CLOB DEX in under 60 minutes. KalqiX's infrastructure combines off-chain order matching with sub-10 millisecond l

According to Orderly Network's official announcement on May 11, the decentralized derivatives trading infrastructure project initiated a governance vote to discontinue support for six blockchain networks—Story, Mantle, Plume, Monad, Abstract, and Morph—citing low trading volume and minimal total

According to ChainCatcher, Gate recently completed a major upgrade to its prediction market platform, adding intelligent search, real-time trending sections, and new sports betting features including spread and total score options. The platform launched a two-tier classification system covering majo

According to Pi Core Team, Kawanua VIPi, a major DApp with over 21,000 staked Pi, was delisted from Pi Browser today without warning. The removal marks the second major DApp purge in one week, following WorldBanksPi's delisting last week. Both projects violated compliance standards by promoting

According to Korean tech media Digital Today, on May 11, Ripple CEO Brad Garlinghouse denied market speculation that Ripple is gradually distancing itself from XRP at the “XRPL Las Vegas” event on May 9. He emphasized that the long-term goal of expanding stablecoin and enterprise financing businesses is to increase XRP liquidity and improve financial institutions’ trust. Brad Garlinghouse Denies XRP Marginalization Claims According to a report by The Crypto Basic, Garlinghouse said at the XRPL L

Judge Margaret Garnett of the U.S. District Court for the Southern District of New York partially unblocked 30,766 ETH frozen since May 1 on Friday, allowing an onchain governance vote to transfer the assets to Aave. The modification permits delegates to initiate and vote on the transaction

According to BlockBeats, GANA officially launched its Conflux PayFi withdrawal feature today (May 11), allowing users to convert Web3 assets directly to bank accounts. The platform now supports real-time deposits in USD, CNY, KRW, JPY, HKD, and other major currencies through its

According to an official announcement from Pi Network’s core team (Pi Core Team), all mainnet node operators must complete the Protocol 23 upgrade by May 15; nodes that fail to complete the upgrade before the deadline will be automatically disconnected, losing eligibility to verify transactions and to participate in rewards. The team also reminds that the time required for this upgrade is longer than in the past; node operators are advised to arrange it as soon as possible and not start operatio

According to Decrypt on May 11, multiple cryptocurrency companies are adopting post-quantum cryptography algorithms approved by the U.S. National Institute of Standards and Technology (NIST), upgrading user-facing wallets and custodial infrastructure. The goal is to deploy quantum-safe protections ahead of protocol-layer upgrades on blockchains such as Bitcoin and Ethereum. Silence Laboratories: ML-DSA-based post-quantum MPC wallets According to Decrypt, Silence Laboratories has added support fo

According to Foresight News, Wagyu developer PerpetualCow clarified that XMR1 token holders can withdraw funds through Terminal rather than the legacy cross-chain UI, denying recent Rug Pull allegations. The developer stated that no users have reported withdrawal failures, and the swap interface

According to Renegade's official statement on X, the protocol's legacy V1 Arbitrum deployment was attacked early this morning (May 11), resulting in losses of approximately $209,000. A white hat hacker has returned approximately $190,000, and the team confirmed all affected users will receive full c