Project Progress

Onchain lending platform Aave has liquidated the Kelp DAO attacker's remaining rsETH positions as part of a previously announced recovery plan, according to an announcement on Wednesday. The liquidated collateral will be moved into the Recovery Guardian, a designated multisig managed by the DeFi Uni

According to BlockBeats, Circle's USYC reached $30 billion in assets under management on May 7, becoming the world's largest tokenized money market fund. USYC tokenizes traditional money market funds on-chain, allowing institutional investors to hold, trade, and manage yield-bearing assets. The fund

Cardano activated the Draper Dragon Orion Fund on May 6, 2026, marking its first professionally managed investment vehicle backed by treasury resources, according to an announcement by Dave (@ItsDave_ADA). The initiative was approved through on-chain governance with support from Delegated

According to Drift Protocol's official announcement today, users can redeem assets anytime after redemption opens, but those choosing early redemption will receive discounted shares based on the current fund pool ratio. As the fund pool continues to grow, holders who delay redemption may receive

Ripple CEO Brad Garlinghouse outlined a phased approach to blockchain integration at Consensus Miami 2026, stating the company will "crawl, then walk, then run" to move institutional financial flows onto on-chain infrastructure. According to Garlinghouse's remarks, Ripple Treasury has already proces

According to The Block, Kelp DAO is abandoning LayerZero as its cross-chain infrastructure provider in favor of Chainlink, becoming the first major protocol to move away from LayerZero following the $292 million

Gomining, one of the world’s top-10 bitcoin miners with five million users, has unveiled GoBTC at Consensus Miami 2026, an open payment protocol delivering instant authorization and onchain bitcoin settlement within 12 hours, at a 0.2% merchant fee. Key Takeaways: Gomining launched GoBTC at Conse

According to MetaversePost, Prophet launched an AI-powered prediction market today (May 6) with $10,000 in USDC allocated to live trading. Users can trade directly against an AI counterparty that generates probability-based pricing for each market, with some contracts settling within 24

According to WorldClaw, the company launched WorldRouter in partnership with World Liberty Fi, enabling users to access over 300 AI models through a single account at approximately 30% lower costs than direct provider pricing. WorldRouter serves as the first entry point to WorldClaw's AgentOS,

According to Foresight News, Stable's mainnet v1.3.0 upgrade will activate on May 13 at 15:00 UTC at block height 24,077,500. The upgrade enhances execution security and improves network consensus by strengthening protection for precompiled execution, fixing EVM execution inconsistencies, and improv

According to SoFi head Ben Reynolds, SoFi Technologies will launch its SoFiUSD stablecoin on Solana on Tuesday (May 5). The move follows the company's December 2025 debut of SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank. "We think it is the right chain to use for payments, pa

According to an announcement on Tuesday, State Street and Galaxy launched the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP) on Solana, a tokenized investment vehicle enabling investors to sweep stablecoins into a yield-bearing asset for 24/7 onchain cash management. Ondo Finance

Michael Saylor first indicated that he may proactively sell Bitcoin to pay dividends, breaking the long-standing “never sell” commitment. This article analyzes the reasons behind the change in stance, the impact on the market, and the subsequent trends.

According to Park Sang-hyuk, editor-in-chief of Digital Asset, Bitcoin rose on May 6 as market expectations grew around Strategy's STRC-based on-chain ecosystem activation. STRC, a perpetual preferred share token from the world's largest Bitcoin holder Strategy, is being positioned as collateral

According to Telegram founder Pavel Durov, Toncoin rallied 36% over 24 hours after Telegram announced it would assume direct operational control of The Open Network (TON), replacing the TON Foundation. The token climbed to approximately $1.86, marking its highest level in four months. The

Trump family crypto project World Liberty Financial (WLFI) is rolling out a new move again, partnering with WorldClaw to launch an AI model unified entry point, WorldRouter. It pitches an agent platform integrating 300 AI models. The highest paid plan costs nearly $10,000, but what comes with it is a hardware device of an undisclosed brand and operating system, raising concerns from the outside. @WorldClawAI is expanding access to AI and $WLFI plays a key role in the ecosystem. Users can access 300+ models with WorldRouter, and agents can

According to Foresight News, DeepBook, a DeFi protocol on the Sui blockchain, launched DeepBook Predict, a prediction market, on testnet. Developed in collaboration with options pricing service Block Scholes, Predict supports binary options, call, put, and spread options, as well as leveraged

Pi Network founders Chengdiao Fan and Nicolas Kokkalis are appearing as featured speakers at Consensus 2026 in Miami this week, according to an announcement from Pi Core Team on May 5, 2026. The appearances mark a strategic repositioning of the project around AI, identity, and ecosystem

According to BlockBeats, Pacifica, a perpetual futures trading platform in the Solana ecosystem, launched its Vaults feature on May 6. Users can now create and manage their own vaults or deposit funds into vaults managed by other traders to passively earn returns based on trading performance. Vault

According to Bryan Pellegrino, LayerZero Labs co-founder and CEO, most allegations against KelpDAO are unfounded. On May 6, Pellegrino stated that Kelp initially used the default MultiDVN or DeadDVN configuration but manually changed it to a 1/1 configuration on April 1, 2024, according to on-chain