Project Progress

Ripple launched a toolkit on Wednesday for developers building agentic payment applications on the XRP Ledger (XRPL). The toolkit enables AI agents to execute financial transactions with limited human involvement, addressing infrastructure needs for autonomous systems. The launch reflects a

Curve Finance launched Llamalend v2 on Optimism on Tuesday, marking the initial phase of a major upgrade to its lending infrastructure. The deployment is supported by a 250,000 OP token grant (~$50,000) from the Optimism Foundation and precedes a planned Ethereum mainnet release. The upgrade

According to ChainCatcher, Ripple unveiled a toolkit this week enabling developers to build agent payment applications on XRP Ledger, allowing AI agents to autonomously execute financial transactions without human intervention. The toolkit supports payments via the x402 protocol and settlement in XR

Maelstrom, the family office of BitMEX co-founder Arthur Hayes, published its first annual report for its Bitcoin Grant Program, documenting achievements across a 20-month initiative that began in October 2024. The report reveals four active developers—Rkrux, Stratospher, Benalleng, and

According to Maelstrom's official report published on June 10, the Bitcoin Grant Program—funded by the family office of BitMEX co-founder Arthur Hayes—has supported five developers over a 20-month program beginning in October 2024, with four currently active developers advancing Bitcoin's privacy, s

Frax Finance founder Sam Kazemian announced a token burn plan for FRAX and assessed the future of the FRAXUSD stablecoin, stating the licensing process under the Genius Act will be fully operational in Q1 2027. Kazemian stated Frax Finance aims for FRAXUSD to be one of the first compliant Genius

Frax Finance founder Sam Kazemian announced plans to burn FRAX tokens using a portion of revenue from corporate payment partnerships set to launch in Q3 2026. According to Kazemian, Frax has signed agreements with unnamed major Web2 companies and publicly traded firms for payment processing;

Pyth unveiled continuous pricing indexes for US stocks and commodities on Jun 10. The indexes provide real-time pricing data for US equities, gold, and oil outside traditional market hours. Coinbase, Kraken, and dYdX are adopting the new indexes. FAQ What did Pyth unveil on Jun 10? Pyth unveile

Prediction market platform Myriad adopted Chainlink as the exclusive oracle infrastructure for its 2026 FIFA World Cup match prediction markets to automate market resolution and settlement. The integration extends Myriad's existing use of the Chainlink Runtime Environment, which already powers its c

According to The Block, Curve Finance has launched Llamalend v2, its upgraded lending protocol, on Optimism on June 10. The deployment received 250,000 OP tokens (approximately $50,000) in incentive subsidies from the Optimism Foundation, allocated for liquidity and activity rewards over the next

According to ChainCatcher, Pyth Network launched continuous price indices for US stocks and commodities to support around-the-clock trading products in crypto markets. Initial assets include Nvidia, Tesla, Apple and major commodities such as gold, silver, WTI crude oil and Brent crude oil.

Botanix Labs announced it will shut down its Bitcoin Layer 2 network after nearly four years of development. The company cited insufficient demand for Bitcoin-native decentralized finance applications to sustain the network's long-term economics. Despite achieving 100% uptime, processing 25

Botanix Labs announced it will shut down its Bitcoin Layer 2 network after nearly four years, as transaction fee revenue proved insufficient to cover operating costs. The team determined that organic transaction activity was not enough to maintain the infrastructure, with most users treating Bitcoin

According to SharpLink, the Ethereum treasury company's cumulative ETH staking rewards have reached 21,119 ether since launching its treasury strategy. The company also earned 529 ETH in staking rewards during the previous

TON Strategy earned 3.3M TON staking rewards, valued over $5.6M in May 2026. Network upgrades like TVM 14 boosted throughput, cut costs, and improved validator coordination. Toncoin held near $1.72 with 17.8% annualized staking yield amid rising institutional interest. TON Strategy

Trad.Fi, an equipment finance platform, announced today that it plans to bring up to $650 million in equipment-finance credit onchain, targeting a trillion-dollar US market.

Charles Hoskinson, Cardano founder, returned to X on June 8 with a one-hour livestream titled 'Why Cardano is the Only Ecosystem That Can Run the World,' just days after announcing a break from public life. The return came as ADA traded near multi-year lows and TapTools, a key community analytics

Aave is proposing a risk framework designed to govern assets listed across Aave V3, V4, and Aave Horizon, following April's KelpDAO exploit. The exploit saw attackers mint roughly $292 million in unbacked rsETH through KelpDAO's LayerZero bridge and use the asset as collateral on Aave. The framework

According to Aave's governance proposal, Aave introduced a new four-layer risk framework designed to govern asset listings across Aave V3, V4, and Aave Horizon. The framework—structured around asset risk, bridging risk, monitoring and automated risk oracle systems, and chain risk—sets stricter

According to The Block, Botanix Labs announced on June 10 that it will complete shutdown of its Bitcoin Layer 2 network by July 9, urging users to withdraw BTC and other assets. The team cited limited native Bitcoin DeFi demand and insufficient transaction fee revenue to cover infrastructure