Project Progress

Compound Labs announced this week that Compound III has surpassed Compound v2 in both total assets and borrowing. The protocol reached over $1.6 billion in total assets and $490 million in borrowing since its launch last August. This achievement marks a notable milestone in the decentralized

Compound announced a new decentralized stablecoin called USDS via a retweet from MakerDAO. The stablecoin offers native rewards to users within its ecosystem. Compound, a key player in decentralized finance known for lending and borrowing protocols, positions USDS as an expansion of its product offe

DeFi Saver launched on the Base network, announced via social media by Compound Labs. The integration provides users access to Aave v3 and Compound protocols for lending and borrowing. The launch coincides with growing investor interest in diversifying DeFi portfolios and reflects the broader

According to Compound Labs' official announcement this week, Compound III has surpassed Compound v2 in both total assets and borrowing. Compound III has reached over $1.6 billion in total assets and $490 million in borrowing, operating across seven markets on four different networks since its

Base announced privacy features designed for enterprise transactions in a recent update. The new capabilities aim to combine blockchain technology benefits with enhanced privacy protections, enabling businesses to conduct secure on-chain transactions while maintaining

Aave reported nearly $1 billion in deposits over the past two weeks, according to an announcement from the platform's official Twitter account. The deposits include approximately $600 million in USDT, $200 million in ETH, and $150 million in BTC. Aave is a decentralized finance protocol that

On June 18, 2026, Solana announced the launch of a new job platform called Superteam Talent Portal to connect talent with opportunities in its ecosystem. The announcement was made via Solana's official Twitter

According to Tether, on June 17, the company announced it will wind down Alloy by Tether and its aUSDT token after reviewing user activity and market demand. The gold-backed dollar experiment failed to attract sufficient usage to justify continued operations. Tether said the decision reflects a

Sony Block Solutions Labs, a joint venture between Sony Group and Startale Group, launched the Soneium Ethereum Layer 2 mainnet in January 2025, powered by Optimism's Superchain technology. The project follows the company's Minato testnet, which attracted more than 14 million active wallets and

Hsiao-Wei Wang resigned as co-executive director and board member of the Ethereum Foundation, effective Thursday. Wang made the decision after taking a sabbatical this year, having served as co-executive director since March 2025 following years as a core contributor to Ethereum's research and

According to the Ethereum Foundation, Hsiao-Wei Wang has resigned as co-executive director and board member, effective today, after taking a sabbatical this year. Wang, who joined the Ethereum Foundation Research team in mid-2017 as a core Layer 1 researcher and had served as co-executive director s

Algorand unveiled a roadmap targeting broad quantum resistance by the end of 2027, according to CoinDesk. The announcement addresses growing concerns about blockchain security facing threats from quantum computing. The initiative reflects a broader trend within the cryptocurrency space where

According to CoinDesk, Algorand unveiled a quantum resistance roadmap aiming to achieve broad quantum resistance by the end of 2027. The initiative represents a proactive effort to fortify the blockchain against potential threats posed by quantum computing as the cryptocurrency industry faces

OndoFinance announced the launch of new dashboards designed to enhance market analysis capabilities for traders. Token Terminal highlighted the initiative in a tweet, noting that the dashboards provide metrics including stablecoin data and U.S. Treasury bills. The development reflects ongoing

According to Token Terminal, OndoFinance launched new dashboards in June 2026 aimed at enhancing market analysis capabilities. The dashboards include stablecoin data and U.S. Treasury bill metrics to provide traders with comprehensive analytical

Clawbank and Shodai executed the first Ricardian contract between autonomous AI agents, binding legal prose to Ethereum code, the entities announced on June 18. The milestone enables AI-operated legal entities to negotiate, sign, and settle binding agreements without human intermediaries, with

According to Bitcoin.com News, on June 18, AI agents from Clawbank and Shodai signed and executed the first Ricardian contract—a binding legal agreement that automatically runs on Ethereum code—marking the first instance of machine-to-machine legal contract execution. The agents negotiated terms,

Tether announced it is winding down aUSDT and the Alloy by Tether platform, halting new token minting while providing users a redemption window for collateral. The stablecoin issuer stated the decision reflects a strategic refocus on USDT and newer stablecoin initiatives. The move represents

On June 11, 2026, influencer sassal0x highlighted the upcoming EIP-7708 as part of Ethereum's Glamsterdam upgrade. The tweet generated significant engagement, receiving 80 likes and 14 retweets, reflecting strong interest within the Ethereum community around the network

BitTorrent Inc. has introduced BTTInferGrid, a decentralized compute network designed to address the increasing demand for artificial intelligence inference services. The platform connects unused GPU resources from around the world with developers and enterprises seeking scalable AI computing