Project Progress

According to The Block, Kraken-incubated Ethereum layer-2 network Ink upgraded to Optimism's OP Enterprise Fully Managed service and signed a multi-year partnership on June 24. Optimism will operate Ink's mainnet

Black Lake Digital Markets and Nuva Labs completed the first onchain minting and transfer of $25 million in institutional mortgage loans on Provenance Blockchain. The transaction was announced exclusively to The Block on Wednesday. The completion establishes technical and operational groundwork

On Jun 24, SecondFi traced a Cardano wallet exploit to an address-level issue and secured 129 million ADA after attackers drained funds from 374 addresses. The wallet service identified the vulnerability and contained the

According to Foresight News, HyperLend, a lending protocol on HyperEVM, launched Veto Council on June 26 to strengthen its security measures. The Veto Council, composed of core partners, investors, and key Hyperliquid community members, serves as a safeguard capable of canceling queued protocol

Hyperscale Data signed its first master services agreement on June 24 to supply 20 megawatts of AI compute capacity at its Michigan data center campus, a contract that could generate more than $1.2 billion over its full term. The Las Vegas-based company (NYSE American: GPUS) announced that

Meta is developing a prediction market platform called "Arena," according to a New York Times report. The product currently operates on a points-based system rather than real money, avoiding gambling and derivatives regulations that govern cash-settled platforms like Kalshi and Polymarket. The

According to Sharplink's X post, the Ethereum treasury firm recorded ETH staking rewards of 509 ETH last week, bringing cumulative gains since launching its ETH treasury strategy to 22,102 ETH.

A new Ethereum Research proposal titled 'Validator Redirected Revenue' has sparked debate over whether validators should redirect part of their staking revenue to fund ecosystem public goods. The proposal explores a mechanism that would let validators express preferences for directing a portion of t

According to Foresight News, Cardano ecosystem project SecondFi identified the root cause of recent security incidents and deployed patches for unaffected wallets. The attacks resulted in four fund transfer events; three were attributed to external attackers, with approximately 16 million ADA transf

Ripple CTO Emeritus David Schwartz identified tokenized loans, repurchase agreements, and securities as the XRP Ledger's primary growth opportunities during the XRP in One Minute segment. Schwartz stated that the network's expansion beyond payments into traditional financial market tokenization

According to ChainCatcher, HIP-3 markets have generated $44 million in cumulative revenue to date, with $22 million allocated to HIP-3 developers and the remaining $22 million reserved for HYPE token buybacks. HIP-3 is Hyperliquid's market creation and incentive mechanism that allows developers to

Chainlink, FairSquareLab, UniKA, and Qivalis announced the launch of Project Pangea on June 23, 2026, a joint initiative focused on advancing cross-border foreign exchange settlement through stablecoin-based infrastructure. The project seeks to establish a framework enabling financial institutions i

According to Foresight News, Sui announced its Hashi Bitcoin financial infrastructure will launch a global testnet in July, with Cumberland, SwissBorg, and Fluid becoming the latest members of its 20-plus partner ecosystem. Existing institutional partners include BitGo, Blockdaemon, Bullish,

OpenPayd, which provides infrastructure to Kraken and other companies, today secured a MiCA (Markets in Crypto-Assets Regulation) license. The company can now offer regulated crypto services across Europe under the

According to Securitize and official announcements, on June 23, Economist Nouriel Roubini entered blockchain finance through USAFi, a tokenized investment product co-authored with Atlas Capital Team. USAFi mirrors the performance of the Atlas America Fund (USAF), a Nasdaq-listed exchange-traded

According to USDD, the Smart Allocator mechanism for the decentralized stablecoin USDD has generated cumulative investment returns of $20.016 million as of June 24. Smart Allocator is a yield-sharing mechanism that deploys capital into quality projects to earn interest and platform rewards, with

Hyperliquid announced today that users should immediately convert USDH to USDC as the platform transitions to USDC as its primary stablecoin and collateral. The shift follows Coinbase becoming Hyperliquid's official USDC treasury deployer. USDH remains fully supported and tradable during the transit

Ethereum co-founder Vitalik Buterin announced on June 23 that the Ethereum Foundation will cut its budget by roughly 40% and eliminate 54 roles as part of a restructuring toward a long-term endowment model. The organization aims to reduce annual spending from about 15% of its treasury to around 5% a

According to Ethereum co-founder Vitalik Buterin's statement on June 23, the Ethereum Foundation will reduce its budget by roughly 40% and eliminate 54 roles, approximately 20% of its workforce, as part of a restructuring toward a long-term endowment model. The Foundation aims to lower annual

According to Foresight News, Altura paused AVLT redemptions on June 23 following a decision to liquidate treasury assets in an orderly manner. Redemptions will resume only after all treasury assets are recovered, reconciled, and independently verified by a third party. Liquidation progress