Project Progress

Cardano analysis platform TapTools announced on June 2 that it would shut down within two weeks; the service timeline was four years. The Hosky community then responded with sarcasm, saying ADA fell 6.5% in 24 hours to about $0.215. Cardano founder Charles Hoskinson subsequently criticized the governance mechanism and confirmed that he has no governance authorization and cannot access treasury funds. TapTools Closure Confirmed: Operational Breakdown After Four Years Serving a Million Users TapTo

A coalition of five DeFi protocols filed a Constitutional AIP on the Arbitrum governance forum on April 25, asking the Arbitrum DAO to release 30,765.67 ETH frozen after the April 18 KelpDAO exploit. Key Takeaways: Aave Labs, KelpDAO, and three other protocols filed a Constitutional AIP on April

According to CoinDesk, MoneyGram launched MGUSD, a US dollar-backed stablecoin, on the Stellar blockchain on June 2. The stablecoin is available in the MoneyGram app, allowing users to hold dollar balances in self-custodial wallets and transfer funds through MoneyGram's network, with broader

According to BeInCrypto, Cardano's TapTools, a leading analytics platform that served over 1 million users and supported hundreds of projects, announced today it will wind down within two weeks. The closure follows departures of key leadership, including the CTO and COO earlier in 2026, leaving

Ethereum co-founder Vitalik Buterin proposed on June 1 a new framework for building stablecoins and price-tracking crypto assets that eliminates the forced liquidations these systems typically use to maintain stability. Buterin detailed the approach in a research post co-reviewed by Vladimir

On June 1, Ethereum co-founder Vitalik Buterin proposed a new framework for synthetic assets and stablecoins that eliminates risky liquidations by using only slow price feeds. Instead of borrowing against ETH, users split 1 ETH into two tokens that always add up to the same amount, with the system c

A cryptocurrency address linked to Mt. Gox transferred 10,423 BTC, valued at approximately $739 million, to a new address after approximately six months of silence. The transaction has fueled speculation about potential developments in Mt. Gox's ongoing creditor repayment process. Mt. Gox, once

According to ChainCatcher, Ethereum founder Vitalik Buterin recently proposed a vision for personalized synthetic stablecoins with diverse stability anchors beyond the U.S. dollar. Buterin noted that while users fundamentally need price stability for future spending, crypto ecosystems built solely o

According to BlockBeats, HelloTrade, a blockchain-based U.S. equity trading platform, announced on June 2 that it will officially migrate to the Monad ecosystem. The platform is currently advancing its Alpha testing phase, with the team sharing a common vision with Monad to accelerate global

According to official announcement, OndoPerps will launch on June 9. The platform is the first perpetual futures platform built specifically for real-world assets (RWA).

This change comes after Telegram assumed the role of network principal driver and biggest validator in May, replacing the TON Foundation. Almost 1.8 million TON, or around 80%, have already committed to supporting the branding as of this writing. The original white paper for The Open Network’s

According to official announcement reported by BlockBeats on June 2, Ondo Perps will launch on June 9. The platform is the first perpetual futures protocol purpose-built for real-world assets (RWA).

According to BlockBeats, on June 2, Movement rebranded from an Ethereum Layer 2 project to an independent Layer 1 blockchain. The project, led by new CEO Torab Torabi, now targets emerging markets stablecoin settlement infrastructure. Move Industries announced it has secured regulated payment

According to The Block, on June 2, Backpack launched Backpack Securities, a new platform offering regulated U.S. stock brokerage services alongside tokenized securities functionality. Users can buy, hold, and sell real U.S. stocks while retaining dividend rights and corporate action benefits under ACATS and DTCC frameworks. Holdings can also be converted into tokenized securities on Solana and other blockchains, enabling 24/7 trading and free transfers. The platform is partnering with Solana eco

According to an announcement on Tuesday, Backpack launched Backpack Securities, a platform enabling users to buy, hold, and sell real U.S. stocks through regulated brokerage infrastructure while converting holdings into tokenized versions tradable on blockchain networks. Backpack has partnered

Orbs announced on June 02, 2026 the introduction of its Committee Sync MVP on Ethereum and Arbitrum as part of the Orbs V5 rollout. The upgrade is designed to enhance cross-chain verification of decentralized trading execution while lowering infrastructure requirements and broadening participation a

Orbs, a Layer 3 blockchain infrastructure focused on decentralized trading, launched Committee Sync MVP on Ethereum and Arbitrum on June 02 as part of its V5 upgrade. The update improves cross-chain verification of trading execution and reduces infrastructure costs by distributing committee state th

According to CoinDesk, Symbiotic launched Liquid Lane on June 2, a new liquidity network providing near-instant stablecoin redemptions for real-world assets including funds and private credit. The product addresses current redemption wait times of up to approximately 180 days by routing investor