Project Progress

According to CoinMarketCap, Ventuals announced on June 16 that it is winding down its Hyperliquid perpetual markets after generating over $650 million in trading volume. The shutdown affects several popular markets, including those tied to OpenAI and Anthropic. The closure leaves a gap for traders s

XRP Ledger has launched version 3.2.0, marking the rebranding of the server software “rippled” into “xrpld.” Efficiency and reliability are among the priorities of this update, taking into account that the XRPL platform is growing. The release version 3.2.0 of XRP Ledger is out now, marking a

Inveniam Capital Partners announced plans to acquire MANTRA and its affiliated entities in a transaction expected to be completed by June 30, 2026. The agreement follows Inveniam's $20 million strategic investment in MANTRA in August 2025 and builds on the companies' collaboration around NVNM Chain, a Layer 2 blockchain developed on MANTRA Chain. The partnership has focused on creating infrastructure for institutional finance and AI-driven applications in the real-world asset tokenization space.

Capital B, Europe's first listed bitcoin treasury company, is developing a bitcoin-backed credit instrument modeled on Strategy's STRC. Board Director of Bitcoin Strategy Alexandre Laizet said the Paris-listed firm has made the product its central focus, positioning Capital B to bring the

According to Capital B board director Alexandre Laizet, the Paris-listed bitcoin treasury company is preparing to launch Europe's first bitcoin-backed credit product modeled on Strategy's STRC. The firm holds 3,135 BTC and recently closed a €15.2 million private placement backed by Blockstream CEO A

IREN Limited completed its acquisition of Ingenostrum, S.L., known as Nostrum Group, securing 490MW of grid-connected power capacity in Spain. The move marks the company's first expansion into Europe as it shifts focus toward AI cloud services. Bitcoin mining revenue fell to $111.2 million

IREN Limited completed its acquisition of Nostrum Group in Spain on June 16, adding 490MW of secured, grid-connected power capacity to support its expansion into the European AI cloud market. Bitcoin mining revenue fell to $111.2 million in Q1 2026 from $167.4 million in the prior quarter, while AI

According to Protos, Ripple's RLUSD stablecoin distribution shifted to approximately 53% on Ethereum and 47% on the XRP Ledger as of June 16, down from 88% on Ethereum just months earlier. Ethereum now hosts roughly $879 million in RLUSD while the XRP Ledger holds approximately $760 million,

Inco Network launched Inco Lightning on the Base mainnet on June 15, 2026, introducing a privacy framework for building confidential applications on Ethereum Virtual Machine-compatible networks. The platform allows developers to integrate encrypted data types and confidential computing into

According to BlockBeats, Ventuals, a blockchain-based pre-IPO trading platform, announced its closure on June 16 after seven months of operation, merging into another team within the Hyperliquid ecosystem. The platform accumulated losses of approximately $258,591, with revenues of only $124,651

Zcash founder Zooko Wilcox announced that an AI-assisted security audit found no new serious vulnerabilities in the privacy-focused cryptocurrency's protocol after developers fixed a previously discovered Orchard bug. The audit was commissioned by Shielded Labs, a Swiss non-profit foundation

According to Zcash founder Zooko Wilcox, an AI-assisted security audit commissioned by Shielded Labs found no new serious vulnerabilities in the protocol after developers fixed the Orchard bug on June 3. The audit, conducted by Anthropic's Claude Mythos model, cleared the privacy-focused

According to ChainCatcher, JustLend DAO formally launched Proposal 40 on June 16 to introduce $U as a new lending market on the platform. The proposal includes adding a U/TRX price oracle and jU support in smart contracts, with a collateral ratio set at 75% and a reserve factor at 10%. If

According to the Pi Core Team, Pi Network launched SLICE, a second testnet token paired with the Slice of Pi application, as the ecosystem prepares for Pi2Day on June 28. The Launchpad platform has been upgraded with simplified participation flows, improved user interface, automated commitment

According to Foresight News, Inco Lightning, a privacy computing layer from Inco Network, went live on Base mainnet. The solution enables developers to build privacy applications directly on existing EVM chains without learning new languages, deploying to new blockchains, or increasing development s

According to Foresight News, Pyra, a DeFi yield protocol affected by the Drift Protocol attack, announced it is halting operations. The protocol has suspended new user registrations and will allow existing users to withdraw funds until September 15. Pyra also stated that once Drift's recovery

According to BlockBeats, French Bitcoin treasury company Capital B announced plans on June 16 to develop a digital credit tool for the European market, with a structure referencing STRC and similar products. The tool will be based on Bitcoin reserves and designed for the high-tax and regulatory

According to ChainCatcher, Pyra announced it will cease operations and initiate orderly liquidation. The company cited the Drift protocol vulnerability attack as the primary factor, which caused significant impact to its business and users. Despite exploring operational alternatives over recent

According to Securitize, the company is expanding its Securitize Tokenized AAA CLO Fund (STAC) to Solana, with Ethena Labs announcing a $250 million allocation to the fund. BNY serves as custodian and sub-adviser for the fund, which provides exposure to U.S. dollar-denominated AAA-rated