Project Progress

Tether has officially discontinued Alloy by Tether USD (aUSDT), its gold-backed derivative stablecoin that aimed to combine dollar stability with tokenized gold collateral. The move signals a shift in the company’s strategy as it concentrates on expanding USDT and other large-scale tokenized

Toss (operator Viva Republica) published an analysis on the 18th stating that digital wallets will become core infrastructure for on-chain finance as blockchain-based finance expands. The assessment characterizes wallets as evolving beyond simple cryptocurrency storage into financial platforms

On June 17, the Aster team announced a new tokenomics model. It will use 99% of the protocol’s daily platform fees for automated buybacks of the ASTER token, and will link the amount of each buyback to the same quantity of tokens being burned from the protocol treasury. Aster calls it a “198% buyback burn ratio.” After the announcement, the ASTER token rose by about 17% within a few hours, to around $0.77. Aster New Token Model: 99% Fees Auto Buyback, 198% Burn Ratio (Source: Aster official docu

According to Foresight News, Cycles, a crypto financial infrastructure provider, announced it will migrate its payment app Cycles Pay and institutional clearing product Cycles Prime to Arc, a Layer 1 blockchain built by Circle. The company cited Arc's sub-second block times, 3,000+ TPS throughput, n

According to Cointelegraph, Tether announced on June 18 the gradual shutdown of aUSDT, its gold-backed over-collateralized stablecoin. Users have three months until September 17 to redeem their XAUT collateral. aUSDT currently has a market value of approximately $1.2 million and is backed by 14.73 k

Ondo Finance has expanded its tokenized asset offerings by adding 173 new stocks and ETFs to its platform. The expansion increases the company's total available assets to over 430 across Ethereum, Solana, and BNB Chain, according to a report by Cointelegraph. The newly added assets span sectors

According to ChainCatcher, Ethereum's Glamsterdam hardfork entered final testnet on Tuesday, locking 10 EIP proposals and targeting a 200 million Gas limit—3x the current 60 million level. Core upgrades EIP-7732 and EIP-7928 implement proposer-builder separation and parallel transaction processing t

Ripple CTO Emeritus David Schwartz posted on X on June 17 highlighting XRP use cases across payments, tokenization, interoperability, decentralized finance, and artificial intelligence ahead of Ripple Swell 2026. The post focused on builders, community participation, and practical applications

According to The Block, on June 18, Satori Finance, a multichain decentralized exchange backed by Polychain Capital, Coinbase Ventures, and Jump Crypto with a $10 million seed round, announced it is shutting down due to adverse market conditions and insufficient revenue to sustain operations.

Hyperscale Data Inc. (NYSE American: GPUS) shares rallied more than 157% over the past month as the artificial intelligence data center company advances negotiations on a potential billion-dollar AI infrastructure deal. The stock was trading about 47% higher intraday at press time near $0.38. The ra

According to its official announcement on June 16, Satori Finance, a decentralized perpetual futures exchange backed by Coinbase Ventures and Jump Capital, is winding down operations after July 16 at 7:59 p.m.

Plasma announced on social media that its Plasma One app has officially launched on iOS, with access currently limited to XPL holders, as noted by WuBlockchain. Users who join within the next seven days can receive a free Core tier for their first year of use. The launch aligns with broader trends i

Plasma announced on social media that its Plasma One app has officially launched on iOS. The app is currently limited to XPL holders, who can download and create an account. Users who join within the next seven days will receive complimentary access to the Core tier for their first year, according t

SUI Breakout pushed above key resistance as weekly volume jumped nearly 47% across markets. Network developments across payments, AI, privacy, and DeFi supported growing ecosystem activity. SUI has recovered $0.80 after days of consolidation to form a new short-term trading range. SUI Br

On June 15, Cardano reached the mainnet go/no-go decision point for its Van Rossem hard fork, marking the most consequential single day of its Voltaire governance era. This is the first hard fork in Cardano's history initiated through its Voltaire on-chain governance framework rather than by Input O

According to the Tensor Foundation, the Tensor Marketplace has announced a transition to a community-governed model. The shift aims to empower users and enhance community engagement by involving them in decision-making processes, as detailed in the platform's recent