Project Progress

According to PANews, Circle announced on August 5 that its Arc mainnet, an open blockchain network for global financial markets, will launch on September 16. The network has attracted over 100 institutional participants and is currently running on a private testnet. BlackRock, DTCC, Galaxy, Global P

Cipher Digital (CIFR) shares fell 15.7% on Tuesday after the bitcoin miner reported a net loss of $267.5 million in the second quarter, more than five times the loss registered a year ago. The wider losses came as the company posted $24.8 million in revenue for the quarter, down from $43.6 million i

According to Hyperliquid, the protocol's next network upgrade will enable third-party deployers to configure perpetual futures market fees on a per-asset basis, replacing the previously unified DEX-wide fee structure. The feature is now live on testnet, with deployer APIs updated

According to an official announcement Tuesday, a16z-backed blockchain game developer Proof of Play will cease operations after failing to prove that decentralized games could support a large-scale internet at scale. The studio will open-source much of its code, artwork, and internal software-develop

CZR Exchange launched CZR Wallet, a self-custody Web3 application that allows users to manage digital assets while controlling their private keys. The wallet expands CZR Exchange's digital asset ecosystem by combining decentralized asset ownership with the company's centralized trading services.

AEREDIUM Holdings was granted U.S. Patent No. 12,694,407 B1 on July 29 for an artificial intelligence system that continuously audits digital asset reserves. The patent was invented by Albert Dadon, founder and CEO of AEREDIUM. The system addresses a gap in the stablecoin industry, where issuers

According to Bitcoin.com News, AEREDIUM CEO Albert Dadon won U.S. Patent 12,694,407 B1 on July 29 for a 4-model artificial intelligence system designed to continuously audit stablecoin reserves in real time. The patented architecture requires consensus from at least three of four independent AI mode

According to DefiLlama, Fake World Assets (FWA), an Ethereum-based probabilistic NFT trading protocol, saw its daily revenue surge to $447,604 on July 25 (Korean time), up 12.2 times from its launch on July 21. The surge exceeded Collector Crypt's daily protocol revenue of $315,900 on the same

According to Boltz, the company has halted its Bitcoin swap service indefinitely after AI-assisted attacks overwhelmed its ability to maintain secure operations. The non-custodial provider said it cannot estimate when services will resume, as security reviews determined it could not safely restart o

Ethereum researchers, including Ethereum Foundation researcher Justin Drake, proposed a tapered issuance burn mechanism in mid-July that would gradually destroy validator rewards as the network's staking ratio increases. According to the draft proposal, once approximately 60.25 million ETH, or

According to Foresight News, Pyth Network announced that Pyth Pro's annual recurring revenue (ARR) reached $7.49 million in July, up 22% from the previous month and surpassing the $7 million milestone for the first time. The platform added over $1.5 million in new paid subscription ARR during the mo

The Solana community is advancing two governance proposals (SIMD-0553 and SIMD-0550), bundled and submitted through SGP-0003, to tighten SOL’s token supply through two paths—“increasing burns” and “reducing issuance”; SIMD-0553 proposes introducing a fee mechanism that would increase daily burns from approximately 650 SOL to 7,500–9,000 SOL, an increase of approximately 14 times. SIMD-0553 Resource Consumption-Based Fee Proposal According to the proposal, SIMD-0553 introduces a fee mechanism bas

On August 5, Pi Network (PI) is trading at around $0.08295, up approximately 1% over the past 24 hours but still down 30% over the past month. The Pi Core Team announced that it has begun deploying Stellar Protocol 26 on the Pi Network mainnet. Node operators must complete the update before the August 11 deadline. Operators who miss the deadline will lose their connection to the mainnet until the software update is completed. Pi Network Stellar Protocol 26 Upgrade On July 29, 2026, the Pi Core T

According to Foresight News, Uniswap will launch pools.trade on August 6 at 00:00 Beijing time (approximately 13 hours from now). The official announcement includes a teaser video featuring a frog by a pond. Community analyst @0xSLK speculates the product may be a Launchpad for Robinhood Chain,

According to Foresight News, Sei mainnet completed v6.6 upgrade, with the Ares and Eidos upgrades from the Giga plan now live. The Ares upgrade retires the v2 executor, while Eidos separates two years of on-chain state by migrating EVM historical data to an independent database. The upgrade fixed

Six Ethereum researchers and developers, including Ethereum Foundation's Justin Drake, have proposed changing the network's issuance policy through a draft called Tapered Issuance Burn, currently assigned the provisional number EIP-8363. The proposal would burn an increasing fraction of

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

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