Project Progress

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

According to SecondFi's forensic review, the platform completed recovery planning after a Cardano wallet exploit drained $2.4 million in ADA. SecondFi took a balance snapshot and outlined a plan to return assets within two weeks. The incident is classified as a wallet-level vulnerability, not a Card

According to Foresight News, Etherlink EVM Bridge halted all transfers today after becoming a target of security attack attempts. As a precautionary measure to protect user funds, the team is investigating the issue in collaboration with LayerZero, Asymmetric Research, and Zeeve. No funds were

Ripple launched its RLUSD stablecoin on both Ethereum and the XRP Ledger (XRPL). Crypto researcher SMQKE states this dual-chain approach is a deliberate long-term strategy to maximize XRP liquidity and accelerate institutional adoption. The strategy uses Ethereum to access the world's largest

Aave plans onchain securities lending through tokenized stocks with the upcoming Aave V4 upgrade. The protocol targets Wall Street’s $4.6 trillion securities lending market and $35 billion annual revenue. Success depends on regulatory clarity and wider adoption of tokenized securities. A

Fireblocks unveiled a 90-day roadmap on June 28, 2026, designed to evolve embedded wallets from basic onboarding tools into complete financial products. By the end of the first month, applications will support cross-chain token swaps, stablecoin-backed virtual debit cards, and yield-generating

EMURGO, a co-founding entity of the Cardano blockchain, announced on Saturday it had identified a recovery solution for users of its SecondFi wallet, following an exploit that drained approximately $2.4 million worth of ADA between June 21 and 23. CEO Phillip Pon stated the company completed its for

According to EMURGO CEO Phillip Pon on Saturday, the company has identified a recovery solution for the $2.4 million SecondFi wallet exploit and targets returning funds within two weeks. EMURGO completed its forensic investigation and validated wallet balances, with one week to build the recovery