Project Progress

According to Ripple's official announcement, on June 23, Ripple received preliminary approval for a crypto asset service provider license from Luxembourg's financial regulator, paving the way for the European Economic Area rollout of Ripple Payments and full MiCA compliance. Combined with its

Sydney-based blockchain gaming company Immutable removed 29 roles from its game development teams and will outsource the majority of work on its in-house titles as it pivots toward an AI-driven marketing platform. Co-founder James Ferguson said the shift reflects a broader move to extend Immutable's

According to Taiko's official statement today, the team has identified the root cause of the cross-chain bridge attack and is developing a patch to restore blockchain operations. Taiko is collaborating with major cryptocurrency exchanges and security partners to trace and freeze hacker assets. The r

Synthetix governance decided on June 23 to gradually retire sUSD based on the SIP-423 proposal, paying holders locked SNX at a ratio of 4 SNX for every 1 sUSD, converted. The proposal was put forward by Synthetix founder Kain Warwick and core contributor Benjamin Celermajer. Components of SIP-423: Holder snapshot, sUSD delisting, SIP-420 debt restructuring, SNX staking reform Under the SIP-423 proposal, the full plan consists of the following four parts: Holder snapshot: audit all sUSD balances

On June 22, five former Ethereum Foundation (EF) researchers announced the founding of Ethlabs, an independent, non-profit R&D organization focused on research into Ethereum’s core protocol; Ansgar Dietrichs will serve as Executive Director. Funding sources include Joe Lubin, a co-founder of Ethereum, and Bitmine Immersion Technologies. Ethlabs’ Five Founding Members and Legal Structure According to Ethlabs’ official announcement, all five founding members are former Ethereum Foundation research

According to BlockBeats, on June 23, Synthetix governance voted to retire sUSD under SIP-423, paying holders locked SNX at a 1:4 ratio. SNX tokens will be locked for one year from the freeze date, followed by one year of linear unlocking. The proposal was submitted by Synthetix founder Kain

According to ChainCatcher, Synthetix founder Kain Warwick and core contributors proposed SIP-423 on June 12 to retire sUSD, marking the protocol's first proposal to sunset rather than fix the stablecoin. sUSD currently trades around $0.25, a 75% deviation from its $1 peg. Under the proposal, each sU

According to Foresight News, Goldfinch community published a proposal on June 23 approving operational maintenance and phased liquidation of Goldfinch Prime, with a current approval rate of 100%. Voting concludes tomorrow. The proposal includes an orderly wind-down of Goldfinch Prime operations,

Nakamoto Inc. (Nasdaq stock code: NAKA) announced that its medical clinics have ceased operations on June 19, and that other administrative work related to its traditional healthcare business is expected to be completed in the third quarter of 2026. The company has now fully transitioned into a business focused on Bitcoin operations. Its operations cover media and information services, asset management and financial services, as well as advisory services. Nakamoto Inc. Medical Clinics Cease Oper

According to Cointelegraph, Chainlink launched Asia-Pacific stock data feeds on June 23, bringing real-time data of Samsung, Toyota, Sony, and SK Hynix on-chain.

According to an official statement, David Bailey's Bitcoin treasury company Nakamoto shut down its healthcare clinic operations on June 19, completing its transition to a Bitcoin operations company. The company now focuses exclusively on media and information services, asset management, and

On June 22, Bitmine purchased 52,203 ETH worth approximately $90 million, bringing its total holdings to 4.7% of Ethereum's circulating supply, according to the company's official update. The acquisition moves Bitmine to 94% of its stated goal to control 5% of all ETH. To fund ongoing

Baillie Gifford and BNY have launched the Baillie Gifford Enhanced Yield Fund (BAGEY), the first publicly available, fully native tokenised fund regulated in the United Kingdom. The fund runs on both Ethereum and Solana, with a minimum investment of $100 and a yield of approximately 7%, targeting el

Former Ethereum Foundation researchers launched Ethlabs, a nonprofit backed by Ethereum co-founder Joe Lubin and the two largest ETH treasury firms Bitmine Immersion Technologies and SharpLink, according to a statement released Monday. The organization aims to prepare the Ethereum network for

Altura has begun winding down its stablecoin yield vault after processing more than 8.5 million USDT in redemptions, according to reports and public statements from CEO Ranveer Arora. The withdrawal pressure followed market panic around MainStreet's msUSD losing its peg, though reports indicate Altu

ENA adoption reached new highs as active addresses climbed above 5,000 during a single day. Nearly 3,000 new wallets joined the network, marking Ethena’s strongest onboarding period. USDe growth and governance initiatives continue driving engagement across the expanding ecosystem. ENA

ENA adoption reached new highs as active addresses climbed above 5,000 during a single day. Nearly 3,000 new wallets joined the network, marking Ethena’s strongest onboarding period. USDe growth and governance initiatives continue driving engagement across the expanding ecosystem. ENA