Project Progress

DV8, under Sora Ventures, acquires Thailand's digital asset custodian Rakkar Digital and will become Southeast Asia's first bitcoin asset management company to obtain a compliant license. The acquisition aims to leverage Rakkar Digital's compliance license to further expand the Asian market, accelerate the compliance process, and reduce cross-border operational risks, while strengthening corporate governance and market position.

Pumpfun co-founder Alon announced that the platform is updating its token fee mechanism to reduce manipulation. Under the new rules, creators can only redirect fees once, tokens with set fees will be locked, and user interests are protected.

Crypto finance is only now beginning to provide an environment that matches traditional finance: ways to earn steadier, more predictable returns — similar to bonds or savings products, according to Aave Labs founder Stani Kulechov and Ethena CEO Guy Young. “Most fixed income is like the

Gate officially integrates Polymarket, becoming the first centralized exchange platform globally to integrate it, and launches a dedicated portal in the Gate App. Users can participate in prediction trading through USDT in their spot accounts without on-chain operations, and transaction fees are waived during the public beta period. It offers both prediction and trading modes to meet different needs and supports diverse event types and trading methods. In the future, it will expand the event scope and enhance price discovery functionality.

Some traditional financial institutions have taken a cautious stance toward staking due to existing risks. Jordan Knecht mentions that a new generation of insurance-backed staking products like CESR are changing this landscape by providing more stable returns, reducing risks, and attracting institutional investment.

Author: KarenZ, Foresight News On November 3, 2025, a security incident resulting in losses exceeding $120 million largely shattered the growth illusions of DeFi legacy protocol Balancer. This was Balancer's largest security incident in history. But the deeper wound is not in those astronomical figures. Looking at the financial data attached in Balancer's latest proposal, its fundamentals have already become concerning: the protocol's annualized fees are approximately $1.65 million, with DAO's estimated annualized revenue at only $290,000, representing 17.5% of the total. The remaining funds flowed to veBAL holders, core pools, Balancer

Deloitte and Stablecorp are partnering to integrate QCAD into banking systems, enhancing digital transactions. This initiative supports Canada's Bill C-15, focusing on interbank clearing, cross-border payments, and improving payment efficiency using blockchain.

Polygon Labs and GSR-incubated decentralized finance network Katana acquired decentralized exchange IDEX to support its new product Katana Perps. IDEX will become a core component of Katana Perps, providing a high-performance matching engine and on-chain settlement functionality.

In brief The New York Stock Exchange said that it’s working with Securitize on developing systems that will allow tokenized securities to trade round-the-clock. The companies are collaborating on standards that will shape tokenized securities on a platform affiliated with the largest stock e

Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for fixed-rate onchain credit. Fira said the protocol’s fixed-rate credit market allows users to lock borrowing costs and lending returns for d

Trading Protocol Balancer Faces Major Turning Point, Founder Announces Balancer Labs Will Cease Operations, Protocol to Continue in Streamlined Form. This decision stems from security vulnerabilities and legal risks, with the current operational model becoming unsustainable. Despite significant TVL decline, Balancer still generates over $1 million in annualized fee revenue. The team has proposed an aggressive restructuring plan that includes token buybacks, revenue structure reforms, and focuses on five core product lines. Following the transformation, the team will concentrate on enhancing the protocol's competitiveness.

Tether announced that it has commissioned the Big Four accounting firms to conduct its first comprehensive independent audit, aiming to enhance company transparency and compliance standards. This audit covers digital assets and reserves, and is expected to have demonstrative significance for the entire stablecoin market. USDT has a market capitalization exceeding $184 billion, with over 550 million global users.

BTQ Technologies announced the completion of the deployment of BIP 360 technology on the Bitcoin quantum test network, aimed at defending against potential threats of quantum computing to Bitcoin. BIP 360 introduces a new output type, P2MR, which improves the public key exposure risk associated with Taproot. Currently, only certain exposed wallets are vulnerable to quantum threats, but BIP 360 still requires further support from the community to become an official proposal. Its future development is worth paying attention to.

Tether has engaged a "Big Four" auditing firm for its first comprehensive financial audit of USDT, following scrutiny over its asset backing. This audit aims to enhance transparency regarding the $184 billion stablecoin's reserves and financial practices.

The Solana Foundation is launching the Solana Developer Platform (SDP) to assist financial institutions in creating blockchain products, featuring tools for tokenization and payments, with early users including Mastercard and Western Union.

SurfAI has launched Surf Studio, a no-code platform enabling users to create Web3 applications and dashboards using simple language prompts. This innovation eliminates the need for technical skills, allowing anyone to build crypto tools while utilizing advanced AI capabilities and extensive blockchain data.

The Solana Foundation launched the Solana Developer Platform (SDP) on March 24 for the AI era, designed to help enterprises and financial institutions rapidly build financial products through APIs. The platform integrates multiple core functionalities, with issuance and payment modules currently live, and the trading module expected to launch in 2026.