Project Progress

Ault Blockchain, developed by Ault Capital Group, a subsidiary of Hyperscale Data, is building a Layer-1 blockchain designed to reduce reliance on traditional financial institutions for transaction settlement while supporting institutional onchain financial applications. The company launched a

According to Ault Blockchain, the company is developing a Layer-1 blockchain combining Cosmos architecture with Ethereum Virtual Machine compatibility to provide institutional settlement infrastructure. The initiative, with public testnet launched earlier this year, is designed to reduce reliance on

According to Foresight News, stablecoin protocol Ethena went live on Monad. USDe and sUSDe are now available within the Monad ecosystem.

Ledger launched Ledger Agent Stack, an open-source framework that enables AI agents to assist with cryptocurrency management while requiring hardware wallet approval for all transactions. The toolkit allows AI agents to inspect balances, review portfolios, and prepare transfers without accessing

Anton Bukov, co-founder of decentralized finance project 1inch, departed from the company's operations after more than seven years and was fired in late November 2025. Bukov confirmed he is no longer involved in day-to-day operations and has shifted focus to a new venture called Second Tier. The dep

Bitcoin Ordinals developer Leonidas proposed a new open-source Bitcoin client on Friday, aimed at removing restrictions affecting Runes and Ordinals transactions. The proposed client, called 'Bitcoin $DOG Mode,' would lift the maximum individual transaction size to 3.9 million weight units (WU)

Ledger unveiled Ledger Agent Stack, an open-source framework enabling AI agents to assist with cryptocurrency management while keeping final transaction control with users through hardware wallet approval. The toolkit allows AI agents to inspect wallet balances, review portfolios and prepare

According to CoinDesk, on July 17, Runestone co-founder Leonidas launched DOG Mode, an open-source Bitcoin client designed to bypass BIP 110 restrictions on non-financial data. The client increases standard transaction maximum weight units from 400,000 to 3,900,000—nearly the entire block capacity—a

According to its announcement on July 16, Injective filed for SEC registration as a transfer agent, aiming to enable securities ownership records and compliance on its blockchain. The company, which settles transactions in under a second, intends to support tokenized assets and real-world assets at

According to BlockBeats, on July 17, Ethereum researcher Leo Glisic released the Privacy Guardians 2.0 proposal aimed at enabling maximum privacy for on-chain payments while maintaining blockchain functionality. The system features multiple interacting components including private payment

According to Foresight News, VEX, a capital delegation protocol, has unveiled Hypervexing, an AI trading workspace for Hyperliquid. The platform integrates Hyperliquid position, chart, orderbook, trade and funding rate data, enabling AI agents to monitor markets in real time, assess user

According to Foresight News, Saturn's USDat Pendle market went live on Monad on July 17. Users can earn fixed and floating yields on Treasury bill-backed positions through the market. Saturn's STRC staking strategy is launching soon on Monad, with the first maturity date set for

According to ChainCatcher, MegaETH co-founder Shuyao Kong announced the MegaMafia incubation program will halt and will not release a 3.0 version. The two-year initiative supported 20 teams that completed over $80 million in financing, with MegaETH investing millions in market-making, lending,

Visa (NYSE: V) announced on July 16, 2026, the launch of Visa Stablecoin Platform (VSP), a managed environment that combines stablecoin issuance, wallet infrastructure, and payment-network connectivity. The platform aims to reduce technical and operational barriers that have prevented financial

1inch co-founder Anton Bukov posted a long thread on X on July 17, announcing that he is stepping down from 1inch’s operations. He said that in November 2025 he had a falling out with 1inch over attempts to change the company’s management and operations, and that he was eventually “fired.” Bukov still retains his status as 1inch co-founder and 50% equity in the company. What happened before and after Bukov was fired According to Bukov’s long thread posted on X on July 17, 2026, he had been runni

The Stellar Development Foundation (SDF) announced on July 16 that it has designated MoneyGram, Figure Markets, and blockchain security firm Range as Stellar primary validators, enabling the three regulated entities to shift from being simple network users to blockchain operators. According to the announcement, the three new validator nodes are expected to be added to Stellar’s quorum configuration in mid-August. Business Background of Stellar’s New Primary Validators Based on the SDF announceme

Polygon Labs CEO Marc Boiron announced on X on July 17 that it is launching another round of layoffs, saying Polygon will “say goodbye to many colleagues,” and will officially begin its transition from the Blockchain Foundation to a “blockchain payments company.” Boiron explained that this does not mean the colleagues who are departing are not up to par; rather, the company being built needs something different. This means changing the organizational structure and talent requirements, not just c