Project Progress

Kinetiq unveiled Elysium on August 24, an upcoming Layer 2 network for the Hyperliquid ecosystem that will use HYPE as its native gas asset. The L2 is designed to address performance constraints encountered by applications operating through HyperEVM while targeting higher-performance execution for s

On August 24, Kinetiq unveiled Elysium, an upcoming Layer 2 network built for the Hyperliquid ecosystem that will use HYPE as its native gas asset. Elysium is designed to provide higher-performance execution for spot trading, token launches and decentralized finance applications while maintaining co

According to Odaily, Manus announced yesterday on X that its services have returned to normal operation and the data recovery feature is now available. Users with prior backups can restore their data at any time with no deadline restrictions. The platform attributed the temporary disruption to

According to ChainCatcher, AEON, an AI economic settlement protocol, has processed over 1.4 million x402 transactions totaling $14.73 million since launching its AI payment architecture on BNB Chain. The protocol enables AI Agents to autonomously verify and settle on-chain assets in

World Liberty Financial launched its USD1 stablecoin natively on the Canton Network on 25 August, enabling institutions to settle transactions in tokenised real-world assets with a dollar-backed token. The launch provides a settlement option for tokenised securities, derivatives collateral, institut

According to World Liberty Financial, the Trump family-backed firm launched its USD1 stablecoin natively on the Canton Network on August 25, enabling institutions to settle transactions in tokenized real-world assets and derivatives collateral. USD1 now serves as the cash leg for tokenized

POSCO International, the trading arm of South Korea-based POSCO Holdings, completed a pilot project on Aug. 25 to tokenize real-world trade receivables on the Avalanche blockchain. The pilot involved POSCO International America, the company's U.S. subsidiary, along with Intain and trade-finance

Grayscale’s Zcash ETF (ZCSH) officially listed on NYSE Arca on August 25. According to Grayscale’s official statement, ZCSH is the first ETF to offer spot exposure to Zcash, allowing investors to gain spot exposure to ZEC through a regular brokerage account. Before the ETF listing, ZEC briefly reached $880, its highest level in nearly eight years. ZCSH Listing Details: Prospectus States It Is Not Registered Under the Investment Company Act of 1940 ZCSH began trading on NYSE Arca on Tuesday, Augu

According to Cryptonomist, NUVA platform, supported by Animoca Brands and Nuva Labs, adopted Chainlink as its exclusive data infrastructure in May 2026 to provide tamper-proof valuations for tokenized housing assets worth approximately $19 billion. Built on Provenance Blockchain, NUVA operates as a

Arcus, built by the dYdX team, announced on August 25 that it had officially launched a new protocol on Robinhood Chain. The protocol converts perpetual futures positions into transferable ERC-20 tokens and allows users to use tokenized stocks as collateral for leveraged trading without selling their stock holdings. According to Arcus’s official data, cumulative trading volume has exceeded $2 billion since launch, with average daily trading volume surpassing $100 million. pBTC3x and pHOOD3x: Arc

LayerZero announced ATLAS, a new global trading infrastructure, on August 25 (local time) via X. The announcement triggered a 9.65% increase in the company's native token ZRO, which traded at $1.18 (approximately 1,640 won) as of 8:40 AM on the announcement day according to CoinMarketCap. ATLAS is b

According to LayerZero's official announcement on August 25, the company unveiled ATLAS, a new global trading infrastructure built on its blockchain protocol Zero. ATLAS handles order matching, clearing, settlement, and risk management within a single technology stack and can support trading

World Liberty Financial (WLFI) announced on Aug. 26 that the USD1 stablecoin has been natively deployed on the Canton Network, allowing institutions to use USD1 directly to settle transactions involving tokenized real-world assets. Native issuance allows USD1 and tokenized assets to be settled in the same transaction. According to DeFiLlama data, USD1 has a market cap of approximately $4.05 billion, making it the sixth-largest stablecoin globally. Institutional Use Cases for USD1 on the Canton N

According to Nikkei, approximately 40 Japanese banks launched a digital currency interbank transfer trial on August 26. Led by GMO Aozora Net Bank in collaboration with Abeam Consulting and DCP, the project uses tokenized deposits on blockchain to enable 24-hour, year-round instant settlement

According to Pons, the Robinhood Chain ecosystem project generated over $2.85 billion in trading volume within one month of launch, accounting for more than 11% of Robinhood DEX's approximately $25 billion total trading volume, as reported by

According to ChainCatcher, Lighter, a decentralized perpetual contract protocol, cut its average block proof time from 5.3 minutes to approximately 1 minute over the past month through two independent optimizations deployed on July 23 and August 23. The first optimization, Heavy/Light

Arthur Hayes, founder of BitMEX and chief investment officer of Maelstrom fund, issued a bullish signal for the cryptocurrency market, stating that a new bull market has begun and that Maelstrom is taking maximum risk positions on Bitcoin, Ethereum, Ethena (ENA), and Ether.fi (ETHFI). Hayes argued t

According to Cointelegraph, World Liberty Financial launched USD1 stablecoin natively on Canton Network on Tuesday, allowing institutions to settle transactions involving tokenized real-world assets. USD1 can serve as the cash leg for derivatives collateral, institutional lending, and asset

LayerZero announced ATLAS, new exchange infrastructure for trading platforms and financial institutions built on the Zero blockchain. ATLAS, short for Aggregated Trading, Liquidity and Settlement, is built on the Zero blockchain that LayerZero announced in February in collaboration with Citadel

LayerZero announced ATLAS, a headless exchange infrastructure built on its Zero blockchain, over the past 24 hours. ATLAS is designed for trading platforms and financial institutions to use as backend infrastructure without building their own systems or relying on competing exchanges. The infrastruc