Project Progress

Onramp Money, a KYB-verified partner integrated with the Pi Wallet, has launched a cryptocurrency withdrawal service in Hong Kong. The service allows users to sell supported crypto assets and receive Hong Kong dollars directly in their bank accounts. The launch adds a new cross-border payment

According to Reuters, Japan's three largest banks—Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho, managing over $7 trillion in combined assets—plan to jointly launch stablecoins by March 2027. The project is backed by Japan's Financial Services Agency, providing strong regulatory credibility and

Stellar introduced a Quantum Preparedness Plan (QPP) outlining a multi-year strategy to transition its blockchain network toward quantum-resistant cryptography. The initiative aims to protect the network against future quantum computer threats while maintaining compatibility with existing accounts a

According to Stellar's official announcement on June 9, the blockchain network introduced a Quantum Preparedness Plan designed to transition its infrastructure toward quantum-resistant cryptography. The multi-year initiative aims to safeguard accounts against future threats from quantum computers

According to Foresight News, Syscoin announced on June 10 an official fund recovery address to receive refunds for all affected assets following the June 8 attack in which approximately 5 billion SYS tokens were illegally minted. As a precautionary measure, cross-chain operations remain suspended, w

According to Foresight News, The Sandbox launched its AI game engine The Sandbox Studio and opened early access applications, aiming to lower barriers for game creators to transform creative ideas into publishable

Pi Network’s core team confirms that the mandatory deadline for the Protocol 25 upgrade is June 18. All node operators must complete the software update before this date, otherwise they will be completely disconnected from the mainnet. Protocol 25 is built directly on Protocol 24, which was approved in early June. Mandatory Protocol 25 Deadline: Action Checklist Before June 18 According to the Pi core team announcement, the standard process for node updates includes three steps: download the lat

According to Sahara AI's official announcement on X, the team has replenished ETH liquidity in the CCIP cross-chain bridge pool yesterday (June 9), and transfer functionality has been fully restored. The ETH pool was depleted due to a surge in withdrawals, causing some transactions to stall. The

Foresight News reports that Haedal, a capital efficiency protocol on Sui, released a post-mortem analysis of its Vault security incident. The total direct loss is estimated at approximately $915,179, and Haedal stated it will cover all user losses in full, with affected users to receive

On June 10, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group announced that their banking business divisions will jointly issue a stablecoin for the fiscal year ending March 2027, and will also set up a committee to review the operating framework and prepare for the issuance. Reuters reported that this is part of Japan’s national strategy to use blockchain technology to enhance payment systems. Japan’s Financial Services Agency (FSA) has supported the p

According to an announcement on June 10, Botanix, a Bitcoin Layer 2 network, is shutting down. Users are required to withdraw their Bitcoin and other assets by July 9. After that date, remaining Bitcoin will be collected by the network's validator set Federation, while other assets cannot be

According to CoinDesk, Circle launched cirBTC on Ethereum yesterday (June 9), a 1:1 bitcoin-backed wrapped token designed for decentralized finance applications. The product directly competes with Coinbase's cbBTC, which holds a market capitalization of approximately US$5.4 billion, and Wrapped

Consensys launched Metamask Agent Wallet, a self-custodial wallet designed for autonomous AI agents to execute decentralized finance transactions without taking full control of user funds. The product is available now through a command-line interface for early-access users, with general

According to Consensys, Metamask Agent Wallet is now available for early-access users through a command-line interface, with general availability planned for summer 2026. The self-custodial wallet enables autonomous AI agents to trade across decentralized finance while keeping users in control of th

Aave is moving to implement a new risk framework following an April exploit that exposed vulnerabilities in cross-chain bridge systems. Aave founder Stani Kulechov announced Tuesday that a proposal prepared by LlamaRisk has been submitted for governance review, covering asset risk, bridging risk, ch

Aave founder Stani Kulechov announced Tuesday that the protocol has proposed a new risk framework designed to address cross-chain vulnerabilities exposed by the April KelpDAO incident. The framework, prepared by LlamaRisk and now open for governance review, covers asset risk, bridging risk, chain ri

The Stellar Development Foundation on Tuesday unveiled a three-stage roadmap to transition its blockchain network to quantum-safe cryptography, addressing the threat quantum computing poses to the elliptic curve cryptography securing digital assets. The plan enables enterprise wallets to begin

The Stellar Development Foundation unveiled on Tuesday a three-stage roadmap to protect its blockchain network from quantum computing threats. Enterprise wallets can begin migrating to quantum-safe cryptography in 2026, with all accounts able to upgrade by the end of 2027 without changing their

Circle deployed cirBTC on Ethereum this week, issuing a wrapped bitcoin token backed 1:1 by native BTC held in segregated custody at a regulated Circle entity. The launch integrates Chainlink Proof of Reserve to provide onchain visibility into the underlying bitcoin holdings, enabling institutions t