Project Progress

Botanix Labs announced it will shut down its Bitcoin Layer 2 network after nearly four years of development. The company cited insufficient demand for Bitcoin-native decentralized finance applications to sustain the network's long-term economics. Despite achieving 100% uptime, processing 25

Botanix Labs announced it will shut down its Bitcoin Layer 2 network after nearly four years, as transaction fee revenue proved insufficient to cover operating costs. The team determined that organic transaction activity was not enough to maintain the infrastructure, with most users treating Bitcoin

According to SharpLink, the Ethereum treasury company's cumulative ETH staking rewards have reached 21,119 ether since launching its treasury strategy. The company also earned 529 ETH in staking rewards during the previous

TON Strategy earned 3.3M TON staking rewards, valued over $5.6M in May 2026. Network upgrades like TVM 14 boosted throughput, cut costs, and improved validator coordination. Toncoin held near $1.72 with 17.8% annualized staking yield amid rising institutional interest. TON Strategy

Trad.Fi, an equipment finance platform, announced today that it plans to bring up to $650 million in equipment-finance credit onchain, targeting a trillion-dollar US market.

Charles Hoskinson, Cardano founder, returned to X on June 8 with a one-hour livestream titled 'Why Cardano is the Only Ecosystem That Can Run the World,' just days after announcing a break from public life. The return came as ADA traded near multi-year lows and TapTools, a key community analytics

Aave is proposing a risk framework designed to govern assets listed across Aave V3, V4, and Aave Horizon, following April's KelpDAO exploit. The exploit saw attackers mint roughly $292 million in unbacked rsETH through KelpDAO's LayerZero bridge and use the asset as collateral on Aave. The framework

According to Aave's governance proposal, Aave introduced a new four-layer risk framework designed to govern asset listings across Aave V3, V4, and Aave Horizon. The framework—structured around asset risk, bridging risk, monitoring and automated risk oracle systems, and chain risk—sets stricter

According to The Block, Botanix Labs announced on June 10 that it will complete shutdown of its Bitcoin Layer 2 network by July 9, urging users to withdraw BTC and other assets. The team cited limited native Bitcoin DeFi demand and insufficient transaction fee revenue to cover infrastructure

According to Syscoin, the 5 billion SYS tokens stolen in the June 8 cross-chain bridge attack have been returned to the recovery address on June 10. The platform temporarily suspended bridge services following the incident and is currently verifying all details. The team will provide further

According to official announcement, Sahara AI's CCIP cross-chain bridge Ethereum liquidity pool was replenished yesterday (June 9), and transfer functions have resumed normal operation. The outage occurred due to concentrated withdrawal requests to Ethereum, which depleted the bridge's liquidity poo

South Korean blockchain gaming publisher NEXUS expanded its CROSS blockchain gaming ecosystem with Throne of Chaos on June 9. The collectible strategy role-playing game officially joined the platform as part of the company's efforts to strengthen its blockchain-based gaming portfolio and broaden pla

The Sandbox launched The Sandbox Studio, an AI-powered game development engine designed to simplify the creation process for developers and creators. The platform combines a game engine, visual editor, AI-assisted development tools, monetization features, and publishing capabilities within a

According to official statement, Alchemy Pay, a crypto payment provider, obtained a money transmitter license (MTL) in Maine on June 10, becoming its 17th licensed state in the United States.

Onramp Money, a KYB-verified partner integrated with the Pi Wallet, has launched a cryptocurrency withdrawal service in Hong Kong. The service allows users to sell supported crypto assets and receive Hong Kong dollars directly in their bank accounts. The launch adds a new cross-border payment

According to Reuters, Japan's three largest banks—Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho, managing over $7 trillion in combined assets—plan to jointly launch stablecoins by March 2027. The project is backed by Japan's Financial Services Agency, providing strong regulatory credibility and

Stellar introduced a Quantum Preparedness Plan (QPP) outlining a multi-year strategy to transition its blockchain network toward quantum-resistant cryptography. The initiative aims to protect the network against future quantum computer threats while maintaining compatibility with existing accounts a

According to Stellar's official announcement on June 9, the blockchain network introduced a Quantum Preparedness Plan designed to transition its infrastructure toward quantum-resistant cryptography. The multi-year initiative aims to safeguard accounts against future threats from quantum computers

According to Foresight News, Syscoin announced on June 10 an official fund recovery address to receive refunds for all affected assets following the June 8 attack in which approximately 5 billion SYS tokens were illegally minted. As a precautionary measure, cross-chain operations remain suspended, w

According to Foresight News, The Sandbox launched its AI game engine The Sandbox Studio and opened early access applications, aiming to lower barriers for game creators to transform creative ideas into publishable