Project Progress

According to Ethlabs, the nonprofit organization released a frequently asked questions document on June 29, outlining three strategic priorities: layer-1 execution scaling, blob scaling and faster finality; cross-chain interoperability, block building and EVM standardization; and ecosystem growth an

The International Monetary Fund identified tokenization as the next stage in the evolution of financial markets, with Senior Economist Itai Agur recently describing how programmable money and digital assets can make transactions faster, cheaper, and more efficient by removing unnecessary

According to Foresight News, Hypercall, the options trading platform on Hyperliquid protocol developed by Synapse, has open-sourced its Rust SDK on GitHub today under the repository hypercall-rust. The SDK includes five modules: hypercall-client, hypercall-hyperliquid, hypercall-liquidator, hypercal

According to L2Beat data, Loopring shut down its Ethereum-based zk rollup decentralized exchange on June 28, 2026, ceasing all trading and relayer operations immediately. The team cited weak user adoption, limited business development, and intensifying competition from newer zkEVM-based scaling

According to Foresight News, Zcash Open Development Lab (ZODL) CEO Josh Swihart announced that Zcash developers will hold a meeting in the coming weeks aimed at breaching all gates. ZODL released Zodl Mobile 3.7.0, featuring enhanced network resilience, Android security hardening, transaction bug

Ripple received preliminary CASP (Crypto Asset Service Provider) approval from Luxembourg's financial regulator CSSF in the form of a "green light letter" on June 23. However, the "green light letter" is a conditional commitment rather than a formal license: CSSF requires Ripple's Luxembourg entity to prove item by item that it has genuine employees, own funds, etc.; ESMA states that Ripple's issuance of the RLUSD stablecoin is a higher-risk combination. Conditional Nature of the CSSF Green Ligh

According to BlockBeats, Insiders.bot, an AI trading agent, officially launched on June 29. The team trained the agent on historical data from approximately 1.6 million Polymarket traders and completed a week-long public test with 1,000 new users before the release. Insiders.bot

According to The Bitcoin Historian (cited by ChainCatcher), $2 billion lending giant Ledn has removed cryptocurrencies from all its products and shifted entirely to a pure Bitcoin strategy. The company stated the move is a strategic shift aimed at aligning with Bitcoin's core

On June 29, 2026, Loopring, a pioneering zk-rollup platform, closed its decentralized exchange (DEX) due to insufficient ecosystem adoption. The team attributed the shutdown to technical limitations including the lack of a virtual machine, composability between applications, and real-world payment u

According to Foresight News, Buidlpad launched Theo Network RWA yield vaults, offering fixed-income opportunities on Ethereum USDC deposits. The platform introduced two vault options: Base Vault with 6.5% annual yield plus Theo Points rewards (3-month lock, unlimited deposits) and Boost Vault with 1

On June 29, Colosseum announced the results of the fifth Solana Frontier Hackathon, with the overall champion being CrowdBrain AI, a vertically integrated robot DePIN platform, which won the $30,000 USDC prize provided by Phantom. The hackathon attracted over 10,000 participants who submitted 2,857 final projects. CrowdBrain AI Wins Overall Championship as a Vertically Integrated Robot DePIN Platform CrowdBrain AI is a vertically integrated robot DePIN platform that screens users through simulat

Coinbase’s Ethereum Layer-2 network, Base, suffered two outages on its mainnet within two days, causing block production to stall. On June 27, the Base development team announced on X that initial fixes had been completed, and the planned Beryl hard fork and B20 Registry activation would be urgently postponed. A new timeline will be announced after testing and verification. --- Technical Causes of the Two Outages: Sequencer Bug and Unsafe Head Stall According to Base’s incident reports, the caus

According to Colosseum's official announcement on June 29, the Solana Frontier Hackathon drew over 10,000 participants who submitted 2,857 final projects, marking the largest crypto hackathon to date. CrowdBrain AI claimed the grand prize, a vertically integrated robot DePIN network offering

According to Foresight News, the Hyper Foundation announced approximately $10 million in grants on June 29 to support builders affected by USDH delisting. The grants cover five categories: HIP-1 spot deployments, HIP-3 perpetual contract deployments, HyperEVM protocol, USDH:USDC cross-chain

Loopring announces permanent shutdown of DEX and relayer, assets directly sent to users' L1 wallets, Gas fees covered by Loopring. Reasons for shutdown include insufficient market adoption, architecture lacking composability and virtual machines, LRC delisting, and the full compatibility of zkEVM with Ethereum contracts making it obsolete. Refund process: first publish final balance list, batch distribution after two-week verification; AMM positions automatically converted to underlying tokens, accounts under $10 not included in distribution, users do not need any on-chain operations.

Ripple CEO Brad Garlinghouse discussed XRP's role in institutional payment infrastructure during a June 26 CNBC interview, positioning the digital asset as a key component in the company's strategy to integrate blockchain technology into $16 trillion in annual payments and clearing activity. Garling

According to ChainCatcher, Loopring announced on X that its DEX will immediately cease all trading services effective June 28. The Layer 2 protocol cited insufficient adoption and the emergence of modern zkEVM solutions as reasons for the closure, compounded by LRC delistings from major exchanges in

Crypto Upgrades are shifting investor attention toward execution and network performance. Ethereum, Solana, Hyperliquid, and Sui are preparing major infrastructure improvements. Developer growth, liquidity expansion, and user adoption remain central market themes. Crypto Upgrades are

Crypto Upgrades are shifting investor attention toward execution and network performance. Ethereum, Solana, Hyperliquid, and Sui are preparing major infrastructure improvements. Developer growth, liquidity expansion, and user adoption remain central market themes. Crypto Upgrades are

SecondFi completed a forensic review after a Cardano wallet exploit drained approximately $2.4 million in ADA. The platform took a balance snapshot and outlined a recovery plan to return assets within two weeks. The incident is characterized as a wallet-level vulnerability rather than a failure of t