Project Progress

Ethena Foundation announced a conditional ENA buyback proposal on August 27, with governance voting closing September 2. The buyback mechanism activates once USDe synthetic stablecoin supply reaches $7.5 billion, at which point 95% of net protocol revenue would fund automated ENA purchases on the op

Solana validators approved proposal SGP 0002 to double the rate at which SOL inflation declines, with 67% of participating stake in favor. The measure received support from 176.29 million SOL, narrowly clearing the required 66.67% threshold. The proposal implements SIMD 550, increasing Solana's

According to BlockBeats and DefiLlama, Pons platform's token issuance fees surged to $2.21 million in 24 hours on August 29, reaching 6th highest fees across all networks and becoming the second-largest token issuance platform by fees. The platform's token deployment volume continues to lead

According to The Defiant, on August 29, Circle natively deployed USDC and EURC on Plasma and launched its cross-chain transfer protocol (CCTP) and Bridge Kit. USDC now natively supports 37 blockchains, EURC supports 8 chains, and CCTP covers 28 chains. The deployments enable fiat on-off ramps for

According to ChainCatcher, Hyperliquid's permissionless HIP-4 deployment framework has begun rollout, with the first Outcome DEX built on HIP-4, called 'OUT', completing its deployment. Per Hyperliquid's developer documentation, HIP-4 enables deployers to create YES/NO or multi-outcome markets

According to Ethena Foundation's governance proposal unveiled August 27, the protocol will activate automated ENA buybacks once USDe supply reaches $7.5 billion, with the vote closing September 2. Currently at $4–4.6 billion in circulation, USDe requires roughly 85% growth to trigger the

According to ChainCatcher, Neutrl has suspended its smart contracts after discovering position-related issues affecting protocol liquidity. The team stated this was not caused by contract vulnerabilities, hacking, or code defects. The protocol currently holds approximately $27 million in available l

According to Foresight News, GiggleFund, the official X account of Meme token GIGGLE, announced it has submitted a federal trademark application for NIANNIAN to the U.S. Patent and Trademark Office (USPTO) through subsidiary Giggle Holdings. The application covers cryptocurrency exchange,

According to Foresight News, early today (August 29), Jupiter Card users remain unaffected by a security incident on Solana's Avici project. Card issuer Rain briefly suspended balance withdrawals as a precaution and completed a security check, which has now concluded. Card payments remain fully

According to Foresight News, letscash.fun, a Meme token launchpad driven by the CashCat community, has updated its token supply feature to allow users to select any integer between 1 billion and 1 quattuordecillion (1B–1Qa), replacing the previous fixed supply model. Additionally, integrators must u

Ethena Foundation announced today (August 29) a conditional buyback proposal for ENA token, contingent on USDe stablecoin supply reaching $7.5 billion. The governance vote closes September 2. Once triggered, 95% of net protocol revenue would flow into automated ENA purchases on the open market.

On August 29, Solana validators approved proposal SGP 0002 to double the network's annual disinflation rate from 15% to 30%, accelerating the path to its long-term 1.5% inflation floor. The measure passed with 67% support from participating stake, representing 176.29 million SOL in favor

According to TRON DAO, the network activated GreatVoyage-v4.8.2 upgrade on August 28, implementing Committee Proposal No. 107. The upgrade introduces CLZ (Count Leading Zeros) instruction support and enables on-chain historical block hash queries, aligning TRON's virtual machine with Ethereum's

Ethena Foundation unveiled a conditional ENA buyback proposal on August 27, requiring USDe's circulating supply to reach $7.5 billion before activation. The proposal, put to a governance vote closing September 2, would direct 95% of the protocol's net revenue toward automated ENA purchases on the op

According to Foresight News, decentralized yield protocol Neutrl suspended smart contracts on August 29 after discovering a strategy position issue affecting reserve liquidity. The protocol has approximately $27 million in usable liquid assets and holds unrealized strategy positions with

According to CoinDesk, Ripple is developing a four-stage quantum-resistant upgrade plan for XRP Ledger to protect against potential quantum computing threats. The plan first assesses network vulnerabilities, then tests alternative cryptographic solutions under current blockchain workloads.

According to PANews, Solana banking platform Avici disclosed a smart contract vulnerability affecting card balance deposits on August 29. The flaw impacted 1,685 users, with approximately $500,859 in card balances compromised. User-held Solana and EVM wallets remained unaffected. Avici stated all co

According to Bitcoin.com News, Ripple Prime launched Delta One on August 27, expanding its institutional brokerage platform to cover equity derivatives. The new offering allows institutional clients including hedge funds and asset managers to execute total return swaps on U.S. equities, indices, and

According to Guru Club, Rain, a crypto payments platform, identified a vulnerability affecting legacy Solana smart contracts used by a limited number of programs. The team has successfully upgraded all affected programs, and the issue has been resolved. Rain will provide full compensation to all