Project Progress

Hyperscale Data ended all Bitcoin mining operations at its Michigan facility on Wednesday as it prepares the site for an artificial intelligence data center customer. The company said all Bitcoin miners were switched off following an inspection by an unnamed California-based neocloud provider, and i

Pendle launched a USDC vault on MorphoLbs and new arbitrage features with CrossEx in August. The USDC vault offers 6.11% APY across selected PT markets, while the CrossEx integration enables funding rate arbitrage strategies with two-click execution. The updates aim to enhance user engagement and st

According to Arbitrum Developers, the 90-day migration window from Arbitrum Nova to Arbitrum One has ended as of September 3. The network has entered minimal maintenance mode, with development and user support reduced. Users can still migrate from Nova to One, but with decreased support and fewer

According to ChainCatcher, OpenSea will add support for the Arc mainnet on September 16, the network's launch day.

According to Foresight News, LayerZero's research team in collaboration with Oblivious Labs and Carnegie Mellon University (CMU) released a paper proposing OTTER (Optimal Truthful Trading with Excess Redistribution), an AMM mechanism designed to enhance resistance against MEV (Maximal Extractable

According to Foresight News, The Standard Reserve announced today that it will undergo a second audit backed by the Uniswap Foundation as it progresses toward mainnet launch.

FSC Chair Peng Jin-long announced at the FinTechOn 2026 & AFA Summit on September 2 that the Virtual Asset Service Act passed its third reading on June 30, and that the FSC is currently actively drafting nine related subordinate regulations, including the highly anticipated Stablecoin regulations, which are expected to be officially announced and implemented as early as the first quarter of 2027. FSC Drafting 9 Virtual Asset Subordinate Regulations, Including Stablecoin Regulations FSC Chair Pen

According to Odaily, Pools.fun recently adjusted its fee distribution mechanism for new token pools. The platform will now allocate 90% of trading fees to token issuers and 10% to the protocol. Half of the protocol's fee revenue will be used to buy back and burn BNKR tokens. The platform is also

The Wyoming Stable Token Commission adopted Chainlink’s Proof of Reserve mechanism on September 3 to publish verified reserve data for the FRNT Stablecoin on-chain in near real time, exceeding the monthly disclosure minimum required by the GENIUS Act. FRNT was launched in January and is the first state-issued Stablecoin in the United States, backed by Dollars and short-term U.S. Treasuries. How the Wyoming Stable Token Commission’s Adoption of Chainlink Proof of Reserve Works According to the co

According to PANews, Circle and edgeX announced on September 3 that edgeX will serve as Arc's flagship perpetual market, launching 24/7 FX trading on Arc mainnet on September 16. On mainnet launch day, edgeX will debut USD/JPY perpetual contracts and over 150 additional markets covering US

According to BlockBeats, on September 3, Jupiter announced the launch of Universal Deposit, a cross-chain deposit feature that allows users to send tokens from Ethereum, Base, Arbitrum, and Sui directly to Jupiter and receive USDC in their Solana wallets without using bridge tools. The function

According to an unaudited report released by the Arbitrum Foundation, Arbitrum DAO generated revenue of $6.19 million in the first half of 2026, driven by Arbitrum One transaction fees, Timeboost priority auction mechanisms, and expansion licensing fees. The protocol achieved a gross margin

According to Bloomberg, David Bailey's Nakamoto shifted its business strategy after the company's stock collapsed approximately 99% from its 2025 peak. The Bitcoin treasury company is now seeking acquisitions to generate cash flow rather than relying on equity issuance to fund cryptocurrency

On Sept 3, ARB surged to $0.1239, up 12.55% in 24 hours, according to HTX data. The Arbitrum Foundation reported that Robinhood Chain, which launched on mainnet July 1, contributed $360,000 in licensing fees during its first month—accounting for 35% of Arbitrum DAO's July

According to ChainCatcher, Morpho CEO Paul Frambot stated in the past six months the company received multiple acquisition offers. The firm rarely acquires companies for intellectual property or technology;

Full Sail, a decentralized finance protocol on the Sui blockchain, announced Tuesday it is shutting down operations after a security incident involving oracle provider Switchboard caused approximately $91,000 in losses across three automated vaults. The protocol disclosed the incident Saturday and i

Api3's AirnodeHub announced support for MCP, which improves the efficiency of accessing signed API data. Api3 aims to enhance user experience by simplifying data retrieval processes through this integration. Api3 operates as a decentralized oracle network that enables smart contracts to access

Hyperliquid launched a request-for-quote (RFQ) execution system for tokenized equities through Silhouette on September 1. The system allows traders to request prices from multiple market makers for xStocks and settle transactions onchain, providing an alternative to Hyperliquid's continuous order

According to FinanceFeeds, Silhouette launched its request-for-quote (RFQ) system on Hyperliquid mainnet on September 1, enabling traders to request prices from multiple market makers and settle winning quotes onchain for tokenised equities (xStocks). The RFQ mechanism allows traders to execute

According to Odaily, Coinbase is developing the Omarchy plugin set to launch soon, with CEO Brian Armstrong highlighting the ambition of an AI-native operating system.