Project Progress

Ethereum Foundation researcher Justin Drake and five colleagues proposed EIP-8363, a plan to reduce validator rewards as staked ETH approaches 60.25 million (about 50% of current supply), according to the draft shared recently. The Tapered Issuance Burn would gradually burn increasing fractions of c

According to BlockBeats, on August 5, the Solana community is advancing two governance proposals to tighten SOL supply. Proposal SIMD-0553 introduces resource-consumption-based transaction fees, aiming to increase daily SOL burns from approximately 650

According to CoinDesk, BitGo announced it is switching wrapped bitcoin (WBTC) cross-chain infrastructure from LayerZero to Chainlink CCIP, involving $7.3 billion in asset migration. The move follows a $292 million attack on Kelp DAO's LayerZero bridge, which prompted Mantle, Kelp, Lombard, Solv

Bitcoin (BTC) remains weak on its rebound, trading at around $63,950 as of August 5. The CLARITY Act has been shelved over ethical concerns arising from the massive losses suffered by investors in Trump’s memecoin, TRUMP, and senators have asked the U.S. SEC to investigate it. Ethereum researchers proposed burning validator rewards and halting net reward issuance when the staking rate reaches 50%. Macro Events & Crypto Hotspots CoinDesk reported that U.S. Democratic Senators Elizabeth Warren and

Samsung Electronics is positioned to become a major stablecoin distributor, according to a CoinDesk report published on the 4th local time citing Joseph Go, Areta's Asia-Pacific regional head. The analysis follows Samsung's announcement at Galaxy Unpacked 2026 on the 22nd that Samsung Wallet will su

According to ChainCatcher, blockchain gaming studio Proof of Play announced on August 4 that it is ceasing operations. The company stated it initially believed blockchain-based games could unlock new possibilities for a decentralized internet, but ultimately failed to build scalable products and a s

According to The Block, Ethereum researchers including Justin Drake submitted an EIP draft on August 5 proposing a "gradual issuance burn" mechanism that will dynamically destroy validator rewards based on network staking rates. When staking reaches approximately 50% (about 60.25 million ETH), net i

According to ChainCatcher, non-custodial Bitcoin exchange service Boltz suspended its Bitcoin exchange services indefinitely in recent days due to accelerating AI-assisted automated attacks. The service allows users to transfer Bitcoin between the Lightning Network and the base layer without Boltz h

According to The Block, Ethereum researchers including Justin Drake published a draft Ethereum Improvement Proposal (EIP) in mid-July that introduces a "tapered issuance burn," deducting and permanently destroying a portion of validators' rewards that scales with the network's overall staking

Leading XRP treasury firm Evernorth argues that tokenized real-world assets on the XRP Ledger have become a more significant growth metric than spot XRP exchange-traded funds, despite ETFs dominating crypto headlines since their November 2025 launch. Data from RWA.xyz shows tokenized assets on

According to Solana Foundation's job postings on August 4, the organization is recruiting talent across AI, stablecoins, DeFi, and security to accelerate ecosystem expansion. The foundation highlighted on-chain payments for AI agents, decentralized computing, and verifiable inference as key focus

Solana validators are advancing governance proposal SGP-0003 that would increase daily SOL token burns from approximately 650 SOL to between 7,500 and 9,000 SOL while accelerating the network's disinflation schedule. The proposal combines two Solana Improvement Documents (SIMD-0553 for

According to Solana Validator Governance dashboard, on Aug. 2, a governance proposal (SGP-0003) advanced toward a formal vote that would increase daily SOL burns from approximately 650 SOL ($48,000) to between 7,500 and 9,000 SOL (up to $668,000), while accelerating the network's inflation

According to Circle's official announcement on August 5, Circle Gateway now supports ERC-1271 signatures, enabling a programmable authorization model. Smart contracts and smart contract wallets can now access Gateway directly without developers needing to set up additional delegate approvers.

Dinari announced Tuesday it has become the first company to allow eligible U.S. investors to trade over 700 tokenized stocks using USDC through self-custody wallets. The move follows a partnership with Circle that enables U.S. individuals and businesses to buy and sell every stock in the S&P 500

Ethereum Foundation researcher Justin Drake and five co-authors, led by researcher pintail, submitted draft proposal EIP-8361 to reduce ETH staking rewards by implementing a burn mechanism that would halt rewards once 50% of all ETH is staked. The proposal would lower annual staking rewards from the

Hut 8 shares fell as much as 8% in early trading Tuesday after the company reported second-quarter 2026 revenue of $74.9 million, up 81% year-over-year from $41.3 million but slightly below Wall Street estimates of around $80 million. The company posted a net loss of $177.1 million, largely due

Aptos, a Layer-1 blockchain network, has introduced Confidential APT on its mainnet, adding an optional privacy capability designed to allow users to control the visibility of selected transaction information. The feature was developed to address privacy requirements associated with corporate

According to Aptos, the Layer-1 blockchain network launched Confidential APT on its mainnet today (August 4), introducing an optional privacy capability that allows users to control the visibility of selected transaction information. The feature is designed to support sensitive financial

According to official announcements on August 4, Singapore-based 1exchange and FOMO Pay have received approval to operate as validators on Canton, a privacy-enabled public blockchain designed for regulated capital markets. 1exchange, a Monetary Authority of Singapore-licensed market operator,