Project Progress

According to Polkadot's official announcement, the native stablecoin dotUSD has officially launched on the Polkadot network today. Unlike most stablecoins which are issued and controlled by centralized entities, dotUSD has no single issuer or point of control. Instead, it is fully governed through D

Pyth Network's decentralized autonomous organization (DAO) approved a decision to allocate 100% of revenue from Pyth products towards open market buybacks of the $PYTH token. The move aims to enhance the token's value and strengthen community trust, according to commentary from CryptoTwitter

According to ChainCatcher, on-chain options protocol Derive announced on October 8 that its V3 upgrade has launched and migration completed successfully, with trading now restored. The rebuild supports zero-knowledge proof settlement, order matching with sub-1-millisecond latency, and covers ETH,

LG CNS launched KITL on Oct. 6, a blockchain infrastructure platform designed to help financial institutions develop and operate digital asset services including stablecoins, tokenized securities and real-world-linked assets. The South Korean technology company created KITL to provide underlying inf

On Oct. 6, LG CNS launched KITL, a blockchain infrastructure platform designed to help financial institutions develop and operate digital asset services, including stablecoins, tokenized securities and real-world-linked assets. The platform combines four core capabilities: electronic wallets,

According to ChainCatcher, Cardano Foundation has spun off digital identity project Veridian as an independent Swiss company and tokenized most of its 1 million shares on the Cardano blockchain. Veridian became the first company to adopt Cardano's CIP-0113 standard, which enables token issuers to

According to Pyth DAO's official announcement, the decentralized autonomous organization has approved proposal OP-PIP-136, directing all product revenue toward purchasing PYTH tokens on the open market and depositing them into the reserve, up from the previous allocation of one-third of non-PYTH

According to Pyth official blog on October 8, Pyth DAO has approved a '100% rule' directing all DAO-received product revenue toward open-market PYTH token buybacks, replacing the previous mechanism of allocating one-third of non-PYTH treasury reserves monthly. As of end-September, Pyth's annual

Securitize has launched tokenized U.S. stocks on its platform, initially offering tokens tied to Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, and Amazon, with SpaceX, Palantir, Circle, and Strategy expected to follow. The tokens are backed 1:1 by underlying shares held through Securitize

Solana Foundation VP of Technology Jacob Creech stated in a recent statement that users do not need 'bunker mode' protection against potential quantum computing threats. The reassurance responds to growing concerns about blockchain security as quantum computing technology advances. Creech

ChainIT Inc. launched organizational multi-party computation wallets with biometric verification on Oct. 7 during TOKEN2049 Week in Singapore. The wallets eliminate password requirements and require verified member approval for each

ChainIT Inc. announced on Oct. 7 the production release of biometric MPC wallets designed for institutional Web3 operations. The new wallet replaces memorized passwords with biometric verification and cryptographic identity proofs, requiring a verified organizational member to approve each

According to ChainCatcher, Ondo Private Markets launched the OpenAI Private Markets Note on its Ondo Perps spot order book on October 8. The tokenized note tracks the economic exposure of OpenAI's privately-held valuation and can be traded 24/7 without waiting for an IPO, with tokens held in

According to Polkadot, the native stablecoin dotUSD officially launched on the Polkadot network, managed entirely by DOT DAO through OpenGov on-chain governance with no single issuer or controlling entity. The stablecoin aims to reduce reliance on centralized issuers by establishing

GenLayer introduced AI-powered intelligent contracts designed to enhance traditional smart contract functionality for freelance payment processes. According to crypto commentator @Route2FI, these contracts can access websites and APIs to evaluate whether delivered work meets specified

Chainlink introduced CCIP Vault Adapters, a new infrastructure enabling vault providers to accept deposits from over 80 blockchain networks while maintaining strategy and accounting operations on a single chain. The launch aims to simplify cross-chain deposit capabilities for decentralized

According to crypto commentator @Route2FI, GenLayer revealed intelligent contracts powered by AI that can access websites and APIs to evaluate whether delivered work meets specified requirements. The contracts automate freelance payment processing and dispute resolution by assessing work quality

According to Odaily, Four.Meme upgraded its Stock Meme feature today by adding 76 new bStock assets and unifying the fundraising target at $10,000 across all pools, regardless of the underlying stock asset. The platform previously set fixed amounts for different bStock pools but now standardizes the

Mysten Labs' Hashi Bitcoin finance network will begin a phased rollout in October, the Sui Foundation announced Thursday. The network secured more than $500 million in capital commitments from its launch partners. Hashi uses Bitcoin as collateral in Sui applications by minting hBTC on Sui against