Status Network spouští pre-depozitní vaulty s Aragonem před mainnetem v 1. čtvrtletí 2026. První fáze otevře vaulty pro SNT a LINEA. Následně se přidá vault pro ETH a v závěrečné fázi i stablecoinový vault.
We are excited to announce that Status Network has partnered with Aragon to deploy its pre-deposit vaults for mainnet, offering exciting benefits to those who get in early.
An OG in the crypto industry, Aragon powers protocols with products and services designed to manage capital allocation, governance, and ownership at scale.
As part of this partnership, Aragon’s open-source DAO infrastructure will underpin the secure pre-deposit vaults Status Network will make available ahead of its mainnet launch.
The first truly gasless L2 blockchain powered by the Linea zkEVM stack, Status Network features a native privacy layer as well as a reputation-based Karma system that aims to prevents spam while rewarding users for staking and participation.
Karma is a soulbound ERC-20 token that cannot be transferred or sold, only earned. Revenue generated by the network – from bridged yield and native apps fees – is gathered in a native funding pool and then allocated to the community through governance by Karma holders.
Before Status Network’s expected mainnet launch in Q1 2026, early adopters will be able to deposit SNT, ETH, LINEA, or stablecoins into their respective vaults. These assets will then be bridged to Status Network upon mainnet launch.
Each vault offers rewards for pre-depositors, including an amount of Karma at launch based on their deposit amount and points from core DeFi protocols on Status Network. As Karma cannot be purchased, pre-depositing is a great way to earn reputation and governance power early on.
Pre-Deposit Vaults TimelineThe pre-deposit campaign will roll out in several phases leading up to mainnet launch. Be the first to know when the vaults open by registering here.
The initial phase will open with the SNT and LINEA pre-deposit vaults. These vaults will remain available until mainnet goes live. As the core token of the Status community, pre-deposited SNT will receive the highest allocation of Karma at launch, set at 25 percent. After mainnet, SNT stakers will also receive 35 percent of the total weekly Karma issuance, making it the strongest long-term option for building reputation.
A subsequent phase will introduce the ETH pre-deposit vault, adding an additional pathway for early participation and yield redistribution.
The final phase will open the stablecoin vault, enabling early participants to redeem GUSD on the L2 at mainnet launch. GUSD is a new yield-generating meta-stablecoin backed by USDT, USDC, and USDS, created in partnership with Generic Protocol.
These pre-deposit vaults will remain open until the mainnet launch of Status Network in Q1 2026.
Remember, pre-depositing not only helps build liquidity and protocol resilience at launch, but it also earns you a corresponding amount of native app points and Karma, giving you a head start on building your reputation, your ability to help govern Status Network and other rewards.
“Through the Karma system, Status Network not only allows anyone to use the network without gas fees, but it also gives the community a way to benefit from the network’s revenue and vote on how it is run,” said Status Network lead Cyprien Grau.
“This philosophy of democratic agency and robust decentralised governance is shared by Aragon, making them the ideal infrastructure partner to power our pre-deposit vaults as we prepare for mainnet.”
Stay tuned for more updates from Status Network:
X (Twitter): Follow @StatusL2 for the latest updatesTelegram: Join the Status Network Builders Chat
Cartesi Foundation plánuje postupně nakoupit alespoň za 500 000 USD v $CTSI na volném trhu. Tokeny půjdou do treasury společnosti pro budoucí vývoj ekosystému.
The Cartesi Foundation, known for bridging software stack and blockchain, is reportedly all set to spend $500,000 on $CTSI purchase. $CTSI is the native token of the Cartesi ecosystem and purchase will take place through a series of open-market purchases. This move is designed to underline the Foundation’s long-term commitment to the development and sustainability of its decentralized infrastructure.
The Cartesi Foundation is reaffirming its long-term commitment to the ecosystem through a strategic open market purchase of at least $500,000 worth of $CTSI ⬇️ pic.twitter.com/W0EzzmaDcc
— Cartesi (@cartesiproject) April 8, 2025 The acquisition is subject to prevailing market conditions and will take place over a period of time. The Foundation says the purchases will be gradual and with no advance public announcement of exactly when or how much will be bought. The team adds that the acquired tokens will be added to the treasury of the Foundation for future development purposes.
Cartesi Strives for Broader Blockchain Adoption According to a statement from the Cartesi Foundation, this initiative fits within the foundation’s wider goal of facilitating ecosystem growth and pushing for the uptake of its decentralized infrastructure. The Foundation has chosen to allocate treasury resources to buy $CTSI to increase confidence in its technological framework and indicate ongoing support for its development team.
The Foundation believes in having a strong treasury of $CTSI so that it has more flexibility in funding ongoing and future initiatives. For example, it provides support to developers building on the platform and helps to expand access to connected tools to bridge the gap between traditional software environments and blockchain applications.
Cartesi’s Role in Blockchain Development Cartesi acts as a Layer 2 platform that enables developers to develop scalable decentralized applications using familiar software tools and programming languages. By allowing development through Linux and popular coding languages, Cartesi aims to solve the challenges commonly encountered in blockchain programming.
The goal of the project’s infrastructure is to make it easier to develop faster and more broadly adopted by bringing in years of accumulated software advances. The underlying vision is to keep the ecosystem stable for the long term and to bring long-term decentralized computing to the masses in a safe and easy manner using scaling solutions.
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Cartesi spustila vylepšenou verzi dApp Honeypot se systémem PRT fraud-proof. Projekt tak posiluje bezpečnost rollupů a udržuje status Stage 2 podle L2Beat.
Honeypot changes rollup security testing by means of a community-incentivized audit and interdisciplinary hacker battlefield. Cartesi is one of 26 projects that have managed to maintain their Ethereum L2 status in accordance with the new standards established by L2Beat. An upgraded version of Cartesi’s Honeypot decentralized application (dApp) has been launched, which raises the bar for rollup security standards. Cartesi is a modular blockchain system that first pioneered application-specific rollups. Moreover, Cartesi’s PRT Honeypot is already a Stage 2 rollup app and one of only three recategorized as Stage 2 by L2Beat.
Honeypot, which is now equipped with Cartesi’s Permissionless Refereed Tournaments (PRT) fraud-proof system, illustrates the project’s dedication to security, transparency, and open development.
Honeypot is a hacking challenge that was first introduced on the Ethereum mainnet two years ago. It is defined as a “hacking challenge based on the concept of honeypots.” Honeypot changes rollup security testing by means of a community-incentivized audit and interdisciplinary hacker battlefield. PRT, a fraud-proof mechanism that provides resistance to Sybil attacks without relying on permissioned validators or hefty hardware, has been added to this most recent version, which serves to strengthen it.
According to L2BEAT, which is a major open-source analytics platform for Layer-2 solutions, projects are evaluated based on proof systems that check rollup data for the purpose of ensuring safe Ethereum settlement. It is currently changing the classification of L2 projects depending on how far along they are in the process of becoming fully operational fraud-proof systems. This organization is widely regarded as a significant industry standard for rollup decentralization and security.
Honeypot is already recategorized as Stage 2, which is the ultimate step in which rollups become entirely governed by smart contracts. This is because Honeypot’s system is completely permissionless and fraud-proof, and it does not depend on a gated multisig for any interventions.
Erick de Moura, Founder at Cartesi stated:
“We don’t expect trust to be given — it should be earned. Honeypots allow projects to commit their own funds to validate the integrity of their fault proofs before asking others to rely on them. It’s a gradual, transparent path toward trustless security that reflects the values this ecosystem was built on.”
Cartesi’s new Honeypot upgrade is a crucial and essential milestone, indicating the maturity of its rollup technology. This is in light of the fact that Ethereum founder Vitalik Buterin has emphasized the need for all Layer-2s to implement measures that prevent fraud. With an eye toward the future, the group is working on the next-generation ‘Dave’ fraud-proof system in order to further increase security.
The conventional software stack and blockchain are separated by Cartesi, which acts as a bridge between the two. The infrastructure of the internet was built over the course of forty years, requiring billions of hours of labor and trillions of dollars. Through the use of Cartesi, developers are able to obtain access to the operating systems, programming languages, software libraries, and tools that have been methodically honed over the course of many decades. This paves the way for the next generation of blockchain applications.
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Po aktualizaci XRP Ledger xrpld 3.2.0 komunita hlásí řadu chyb, včetně problémů se synchronizací uzlů a pádu při parsování konfigurace. Zatím nebyl hlášen žádný výpadek celé sítě.
After the release of version 3.2.0 of the XRP Ledger core server software “xrpld,” the community has noted a number of issues. The update, which was released on June 15, added performance enhancements, memory optimizations, and security improvements. The most important update was that it renamed the server software as “xrpld” from “rippled.”
Developers Report Bugs On XRP Ledger v3.2.0 The XRP Ledger update was supposed to be a performance improvement and a memory reduction. However, it has already caused some problems for some developers and memory usage concerns for some operators in the project’s GitHub repository.
One of the most significant reports was an operator of nodes who reported that “xrpld” version 3.2.0 had failed to sync with the network. The software continues to be in a “connected” server state and would not have downloaded any ledger data even though the same machine was able to sync when using version 3.1.3, the issue report states. The issue was posted on June 18 and is still pending.
Another bug report came in shortly after release saying that configuration files with inline comments might cause the server to crash when it tries to parse them, which was determined to be a “BadLexicalCast” error. The report indicated that it was the legacy configuration parser that did not succeed in removing comments from some areas containing single value, which resulted in unexpected failures.
The GitHub issue tracker also lists some open bug reports on XRP Ledger that were reported within a few days of the release. These include peer communication issues, resource charging rules, message parsing policies, message compression, consensus-related routing rules, and amendment processing. Project maintainers classified many of the issues as bugs and triaged them.
Other Flaws On The Network In addition to the synchronization and configuration parser problems, node operators detected other bugs in the main server software. XRP Ledger developers reported a transaction relay calculation flaw that can cause transactions to be under-relayed to peers.
Moreover, they spotted a resource charging mechanism that only tracks the highest fee and discards previous fees. It also includes a validator list distribution issue, which sends validator information only to inbound peers, excluding outbound peers.
They also flagged risks of unsigned integer overflow during ledger sequence validation. The XRP Ledger members also saw potential inconsistencies in routing flags for transactions and broken nodes’ ID for proposals linked to ephemeral keys.
Further, they highlighted holes in the logic of ledger tracking that can leave nodes in an unknown state for an indefinite period of time. Some of these have been classified as bugs and are still to be reviewed by maintainers.
The reports have come despite hopes that the June 15 upgrade would actually bring some real improvements in performance. Prior to the launch, community conversations had resounded with the expected 30% to 40% memory usage reduction along with other general code optimizations and fixes.
The XRP Ledger Foundation and its contributors are ongoing with reviewing reported issues via the open source development process. There are no reported bugs that cause network-wide disruption as of this writing, and the issue or issues are still being investigated on their project’s GitHub repository. Currently, 26% nodes have been upgraded on the network.
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Venus Protocol na BNB Chain poprvé přidal tokenizované akcie bStocks jako kolaterál v Core Poolu. Uživatelé si mohou proti TSLAB, NVDAB a SPCXB půjčit aktiva bez prodeje svých pozic.
TLDR: Venus Core Pool now accepts TSLAB, NVDAB, and SPCXB as collateral for borrowing assets. Users keep stock price exposure while unlocking liquidity without selling their holdings. Binance, PancakeSwap, and Trust Wallet support the tokenization and transfer pathway. Rollout follows conservative risk parameters set through Venus governance procedures. Venus Protocol has launched tokenized stocks as collateral for the first time, introducing bStocks to its Core Pool on BNB Chain.
The integration lets users borrow against tokenized stock positions without selling their holdings. This marks the first tokenized stock collateral market available on the platform.
bStocks Enter Venus Core Pool Venus Core Pool now supports TSLAB, NVDAB, and SPCXB as eligible collateral assets. These bStocks represent tokenized versions of Tesla, Nvidia, and SpaceX-linked stock exposure.
Users supplying bStocks retain price exposure to the underlying equities. At the same time, they unlock borrowing power within the protocol.
Borrowers can access supported assets in Venus Core Pool using bStocks as backing. This includes stablecoins like USDT, USDC, and U.
Other listed tokens on the platform are also available for borrowing. The structure allows holders to keep their stock exposure while accessing liquidity.
Venus Core Pool remains the largest decentralized lending market on BNB Chain. bStocks now sit alongside BTC, ETH, BNB, and major stablecoins in the pool.
This places tokenized equities within the same liquidity infrastructure backing billions in active lending. Venus describes the addition as part of its core financial stack rather than a separate offering.
The bStocks launch follows earlier tokenized commodity listings on Venus, including XAUm. Those markets showed demand for real-world asset exposure within decentralized finance.
Venus is now extending that approach from commodities into equities. This broadens the categories of tokenized assets usable as on-chain collateral.
Ecosystem Collaboration Powers the Rollout The launch involved coordination across multiple platforms within the BNB Chain ecosystem. Binance supplies the tokenization infrastructure behind bStocks.
Users can convert existing Direct Stock holdings into bStocks without fees. Alternatively, bStocks can be purchased directly through Binance Spot.
PancakeSwap and Trust Wallet provide secondary market access for bStocks once tokenized. Holders can move tokens into self-custody wallets through these platforms.
From there, bStocks can be supplied directly to Venus Core Pool. This completes the path from tokenization to active collateral use in DeFi.
Venus Protocol’s Head of BD, Leon, said tokenized assets are turning into a genuine bridge between traditional finance and on-chain systems.
He described the development as a working product rather than a concept, adding that allowing users to borrow against tokenized stock positions without selling expands the meaning of collateral on BNB Chain.
The initial rollout includes a limited set of bStocks under conservative risk parameters. These parameters were set through Venus governance processes.
Any future expansion to additional tokenized stocks will require governance approval. Collateral markets operate continuously, allowing borrowers to access credit at any time.
Capital remains at risk throughout participation in these markets. Tokenized stock values depend on third-party issuers and available liquidity.
Borrowing positions may face automatic liquidation if collateral values decline. Users should review all disclosures before participating in these markets.
Bývalý přispěvatel Ethereum Foundation varuje před pomalou finanční tísní u core vývoje ETH, která může přijít během 3 až 9 měsíců. Podle něj je na udržení více než deseti týmů potřeba asi 30 milionů USD ročně.
A former Ethereum Foundation contributor has raised alarms about a possible shortfall in support for the network’s foundational development efforts, warning that it could materialize within the next three to nine months. Trent Van Epps, who spent five years at the Foundation until April 2026 coordinating core protocol activities and related funding initiatives, outlined these concerns in a detailed essay published on June 18, 2026.
Van Epps described the situation as a “slow-burning funding crisis” rather than an abrupt cliff.
He pointed to two primary pressures: the recent conclusion of a multi-year client support program and ongoing adjustments to the Foundation’s treasury management strategy.
The Client Incentive Program, which had channeled resources to teams maintaining Ethereum’s execution and consensus clients over four years, wrapped up in April 2026 without a designated successor mechanism in place.
At the same time, the Foundation has been reducing its annual spending rate.
A treasury plan announced in 2025 set a glide path toward lowering outflows from roughly 15 percent of assets per year down to a more sustainable 5 percent endowment-style baseline by 2030.
This shift aims to preserve long-term solvency after years of using treasury holdings to bootstrap the broader ecosystem.
Van Epps estimated that maintaining adequate capacity across more than ten client teams, research groups, and coordination roles requires consistent annual funding in the range of $30 million.
He noted that current and near-term sources for this level of support appear increasingly limited, based on conversations across the core development community.
Without steady resources, he warned of risks including the departure of experienced contributors who hold deep institutional knowledge, delays in tackling complex challenges such as scalability improvements and future-proofing measures, and potential impacts on the network’s track record of reliability.
The former contributor situated the warning within the Foundation’s long-standing “subtraction” philosophy.
This approach deliberately seeks to limit organizational growth inside the Foundation itself and instead encourage value creation and responsibility across the wider Ethereum ecosystem.
While intended to promote decentralization and maturity, Van Epps argued that executing this transition effectively requires proactive planning for new stewardship structures.
He referenced comments from Ethereum co-founder Vitalik Buterin, who has noted that the Foundation’s original scope—focused on early-stage software development through major upgrades—was largely completed years ago and was never designed as a permanent central authority.
Van Epps called for renewed discussion around updated social, political, and economic arrangements among stakeholders to support ongoing protocol maintenance through more scalable and neutral funding channels.
The concerns come amid reports of staff transitions at the Ethereum Foundation and broader debates about sustainable resourcing for public goods in the Ethereum ecosystem. Van Epps emphasized that underinvestment in continuity could prove costly to reverse if symptoms appear 12–18 months from now, and he urged collective attention to building durable mechanisms that match the project’s long-term goals and objectives.
Open Campus, a community-led education protocol, has launched the EDU bridge to Arbitrum. It is available for users starting today, July 24th. This is the third bridging partnership. Before this one, Open Campus had already announced the options to bridge across BNB and ETH.
$EDU is now bridged to @arbitrum!
This simplifies bridging from Arbitrum to EDU Chain mainnet, amplifying our reach and potential holders.
We're live and making moves across BNB, ETH, and now ARB.
Nothing but 💙 pic.twitter.com/vPf78Bx7u1
— Open Campus (@opencampus_xyz) July 24, 2024 Impact of Bridging Open Campus (EDU) is a decentralized educational platform. It aims to tackle the key challenges in education today. It connects learners, educators, content creators, and educational institutions. It enables new ways of collaboration and value creation with blockchain technology.
Beyond its role as a platform, it is a community. It helps with meaningful interactions and exchanges. The EDU token is the governance token for the Open Campus DAO. It is also the native gas token of the EDU Chain.
Users can now move their assets between the mainnet of EDU Chain and Arbitrum. This expands the network’s scope and the number of potential holders. Transferring tokens lets users access a pool on the Arbitrum network. This can allow them to have liquidity which reduces price volatility.
The Open Campus is limited in terms of services. However, Ethereum, BNB, and Arbitrum have far better access to DeFi apps and services. These include lending, staking, and trading protocols. That’s why bridging is beneficial.
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Open Campus spustil EDU Chain na Arbitrum Orbit jako EVM kompatibilní L3 pro vzdělávací aplikace. Síť už má přes 100 dApps ve vývoji a TVL 162 milionů USD.
Open Campus, a decentralized education initiative backed by Animoca Brands and Binance Labs, has launched EDU Chain, a layer 3 blockchain on Arbitrum Orbit, designed to power educational applications and cultivate a thriving dApp ecosystem, the team shared on Friday.
Introducing @educhain_xyz — the L3 for education.
Bringing the $5 trillion education industry and 1.4 billion students and educators worldwide onchain.
Our mainnet is now live❕
Learn how you can join the EDU Chain movement 👇 pic.twitter.com/U3Pl67TZU9
— Open Campus (@opencampus_xyz) January 17, 2025
As an EVM-compatible chain built on Orbit, the platform inherits Arbitrum One’s security and infrastructure, while also drawing on Ethereum’s security and liquidity, and operating as an independent network.
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EDU Chain features the Open Campus (OC) Achievement system (formerly Verifiable Credentials), enabling educational institutions and training centers to issue decentralized and tamper-proof academic records.
With OC Achievements, each learner has complete ownership and control over their own learning data, Yat Siu, co-founder and executive chairman of Animoca Brands, also a board member of the EDU Foundation, said in a statement to Cointelegraph.
More than 100 decentralized applications are currently being developed on EDU Chain, spanning trading, learning, gaming, and earning categories, the project stated.
The $EDU token serves as the utility token in the EDU Chain ecosystem. $EDU holders can bridge and stake their tokens on the mainnet to earn rewards, according to Open Campus. EDU Chain has allocated 150 million $EDU tokens, representing 15% of the total supply, for mainnet rewards distributed through EDULand NFTs over three years.
The debut follows a testnet campaign that saw impressive activity, with 86.2 million transactions and 358,684 active wallets. EDU Chain has achieved a total value locked (TVL) of $162 million, according to L2Beat.
To further expand its ecosystem, Open Campus is hosting a hackathon series with a $1 million prize pool and a 12-week OC Incubator program, offering mentorship, funding, and support to winning projects.
The platform also kicked off the “Yuzu: First Harvest” campaign, which enables mainnet users to earn rewards by interacting with EDU Chain dApps during the first season.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
ANPA plánuje během 24 měsíců koupit EDU tokeny v hodnotě až 50 milionů USD v rámci partnerství s Open Campus a Animoca Brands. Animoca Brands přidá EDU tokeny v hodnotě 3 milionů USD.
Open Campus and Animoca Brands partner with Nasdaq-listed ANPA for US$50 million EDU token strategy
21 November 2025
Open Campus and Animoca Brands partner with Rich Sparkle Holdings Limited (“ANPA”) (NASDAQ:ANPA), a U.S.-listed companyAs part of this collaboration, ANPA will purchase up to US$50 million worth of EDU tokens over the next 24 monthsANPA’s move marks its first major crypto acquisition, signaling strong confidence in Open Campus and its mission to transform education through blockchainAnimoca Brands will start this collaboration with a contribution of US$3 million worth of EDU tokensThe partnership will focus on pioneering institutional blockchain adoption and sustainable financing in emerging marketsOpen Campus, the community-led DAO building the blockchain-powered financial layer for education, and Animoca Brands have formed a strategic partnership with Rich Sparkle Holdings Limited (“ANPA”) (NASDAQ:ANPA). In connection with this landmark agreement, U.S.-listed ANPA will make its first major venture into crypto by purchasing up to US$50 million in EDU tokens over the next 24 months through open-market and over-the-counter (OTC) transactions. As part of this partnership, Animoca Brands will make a contribution of US$3 million of EDU tokens.
From left to right: Hevin Tam, investor relations at ANPA, Terrence Wong, managing director at First Securities (HK) Limited., Matthew Chan, chief executive officer at ANPA, Alan Lau, chief business officer at Animoca Brands, Jonah Lau, head of portfolio at Animoca Brands, and David Ching, investment director at Animoca Brands.ANPA will enter the education finance (EduFi) market and collaborate with Open Campus and Animoca Brands to build tokenization infrastructure that bridges traditional finance and Web3. By leveraging its corporate client network of over 190 publicly listed companies across Hong Kong and the United States, ANPA aims to accelerate institutional adoption of EduFi and expand real-world utility for the EDU token, which is the governance token for the Open Campus DAO and the native gas token for EDU Chain. As a provider of ESG reporting and compliance services, ANPA will also work with Open Campus to establish an ecosystem of sustainable financing in emerging markets, channeling capital toward education, inclusion, and impact-driven initiatives.
ANPA’s purchase of EDU tokens, which will be used primarily for staking, governance, and ANPA’s EduFi market entry strategy, underscores growing institutional conviction in the importance of blockchain-driven solutions for education.
Yat Siu, co-founder and executive chairman of Animoca Brands, said: "Education is the foundation of opportunity, and blockchain offers a powerful tool to enhance access and financial literacy worldwide. By advancing EduFi in partnership with ANPA and Open Campus, we are empowering learners and reshaping the future of education to be more transparent and inclusive. In the U.S. alone, the student loan market is worth $1.8 trillion and urgently needs targeted innovation and disruption—which we believe EduFi can provide.”
Matthew Chan, CEO of ANPA, said: "We see immense potential in blockchain to transform education finance into an accessible, transparent ecosystem. The partnership with Animoca Brands and Open Campus and our strategic investment in EDU tokens reflect our conviction in this vision and our commitment to supporting a next-generation Web3-powered EduFi platform."
Mohamed Ezeldin, president of Open Campus, said “For too long, education has stood in the shadows of innovation. Open Campus was built to bring learning into the same orbit of progress that has already reshaped other industries. Partnering with ANPA is a defining moment in the mission of Open Campus: not only will new capital flow into EDU token, but we are also emphasizing the conviction that education finance deserves the same ownership, transparency, and opportunity that blockchain has already brought to other sectors. We’re building the financial layer for education to finally align incentives between learners, educators, and the institutions that serve them.”
Head to the Open Campus website to learn more about the EDU token and the blockchain-powered financial layer for education that Open Campus is building.
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About Rich Sparkle Holdings Limited
Rich Sparkle Holdings Limited (NASDAQ:ANPA) is a financial printing and corporate services provider which specializes in designing and printing high quality financial print materials in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. The Company offers to its customers a wide range of convenient and quality financial printing services, from typesetting, proofreading, translation, design and printing. In addition, it also offered advisory services such as conducting internal control assessment and environmental, social and governance performance evaluation as well as other services including provision of co-working space at its leased office.
About Open Campus
Open Campus is a community-led DAO that is building the blockchain-powered financial layer for education. Core contributors to the Open Campus DAO include Animoca Brands, TinyTap, NewCampus, RiseIn, and HackQuest. Together, they are working with Open Campus to enhance the education system for teachers, learners, and institutions by using innovative blockchain protocols and funding initiatives. Open Campus has launched EDU Chain, a Layer 3 blockchain on Arbitrum Orbit designed for on-chain education finance (EduFi), powered by the EDU token.
About Animoca Brands
Animoca Brands Corporation Limited (ACN: 122 921 813) is a global digital assets leader building blockchain and tokenized assets to advance the future of Web3 innovation. It has received broad industry and market recognition including Fortune Crypto 40, Top 50 Blockchain Game Companies 2025, Financial Times’ High Growth Companies Asia-Pacific, and Deloitte Tech Fast. Animoca Brands is recognized for building digital asset platforms such as the Moca Network, Open Campus, and The Sandbox, as well as institutional grade assets; providing digital asset services to help Web3 companies launch and grow; and investing in frontier Web3 technology, with a portfolio of over 600 companies and altcoin assets. For more information visit www.animocabrands.com or follow on X, YouTube, Instagram, LinkedIn, Facebook, and TikTok.
PayPal navrhuje pobídky pro bitcoinové těžaře využívající nízkouhlíkovou energii, včetně nižších poplatků a dodatečné odměny v BTC pro „zelené těžaře“. Cílem je podpořit udržitelnější těžbu po čtvrtém bitcoinovém halvingu.
Post the fourth Bitcoin halving event last week, the mining rewards have reduced considerably by 50% putting a dent in miner revenues. However, payments giant PayPal has proposed a new incentive scheme for Bitcoin miners who are using low-carbon energy sources.
The goal is to make sustainable Bitcoin mining more economically attractive through this new rewards mechanism. In collaboration with Energy Web and DMG Blockchain Solutions, PayPal’s Blockchain Research Group proposed these “cryptoeconomic incentives” encouraging Bitcoin miners to use low-carbon energy sources.
PayPal believes that these experimental incentives would contribute to further discussion and innovation around Bitcoin. The proposal suggests granting “green keys” to the “green miners”, all linked to their public keys. All the Bitcoin transactions would later prioritize these miners providing lower fees and an extra locked BTC reward sent to a multisig payout address that will only be accessible to green miners.
“Green miners will be incentivized to mine these transactions since they will be the only ones eligible for the additional “locked” BTC reward,” it explained. As a result, profit-driven miners who operate with low-carbon sources will receive incentives in the form of extra BTC rewards.
Leveraging Energy Web’s “Green Proofs for Bitcoin” Platform As per PayPal’s proposed paper, the solution will leverage Energy Web’s “Green Proofs for Bitcoin” platform certifying miners based on their grid impact and clean energy source. The green miners can register to this platform by sharing their green keys, and thus participate in the incentives program.
Interestingly, PayPal BRG has successfully tested this proposed solution in partnership with Bitcoin miner, DMG Blockchain Solutions Inc. Throughout the test, it sent out numerous low-fee transactions to assess their performance across various levels of on-chain transaction activity. It noted that depending on the volume, these transactions could either face prolonged confirmation times or ultimately be discarded by the network. This scenario would heighten the likelihood of green miners processing these transactions.
Another approach here would be to involve private channels such as smart contracts or Lightning Network. However, the trade-off in this case is a more complex implementation. PayPal BRG concluded by stating:
“The solution outlined here aims to achieve a good degree of decentralization, ease of implementation and trust independence while distributing incentives.”
PayPal has been recently undertaking key initiatives in the crypto space such as releasing its PYUSD stablecoin as well as updating its NFT policy.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Axelar navrhuje ukončit integrace Flow, Berachain a Plume, protože nepřinesly významný objem transakcí ani trvalé využití. Provoz těchto propojení podle něj stojí stovky tisíc dolarů ročně.
As part of our ongoing effort to ensure the right incentives are in place for verifiers and to direct Axelar’s resources toward the ecosystems delivering the most value, we are proposing a governance vote to discontinue three Amplifier chain integrations: Flow, Berachain, and Plume.
BackgroundCommon Prefix’s 2026 roadmap for Axelar has been centered on institutional adoption, strengthening economic security, enabling compliant and privacy-aware infrastructure, and building institutional products up the stack.
A central part of this has been strengthening economic security and improving verifier and broader ecosystem incentives, as well as focusing the network on ecosystems where real activity exists, where interoperability creates tangible value, and where security assumptions are aligned with Axelar’s long-term standards.
That direction requires a disciplined approach to network expansion: doubling down on key ecosystems we have high conviction on and that we believe are here for the long run, while winding down connections whose cost, associated security risks, and operational overhead are no longer justified.
Why These Three ChainsEvery chain connection introduces operational, economic, and security considerations. Flow, Berachain, and Plume were integrated into Axelar through the Amplifier framework and, since launch, have not generated meaningful transaction volume or sustained usage. At the same time, each one requires ongoing verifier infrastructure, which carries real operational costs and dilutes focus across the network.
The foundation has been subsidizing verifier costs across these three connections, amounting to hundreds of thousands of dollars per year. An internal review of interchain transfer activity across these integrations found effectively no sustained economic activity. While some legitimate assets had been registered on these chains, little to no transfer activity was identified across the connections.
How This Will Be ManagedThis proposal will go through Axelar’s standard governance process. Token holders will have the opportunity to review the full proposal and cast their votes within three days.
We have already been in direct communication with the teams behind all three chains ahead of this proposal going public. If this governance proposal passes, a one-week notice period will begin before the integrations are formally discontinued.
Given the lack of meaningful transfer activity across these connections, we do not expect material impact to users, asset holders, or application developers.
Next StepsWe encourage the community to carefully review this proposal and cast their vote.
Find the governance proposal here.
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Axelar spustil na mainnetu integraci Solany, která umožňuje cross-chain zprávy a převody aktiv mezi Solanou a více než 70 dalšími ekosystémy. Připojení má rozšířit multichain aplikace, likviditu i dosah pro vývojáře.
Axelar has integrated Solana. The integration is now live on mainnet, enabling cross-chain message passing and asset transfers between Solana and Axelar-supported chains, including Ethereum, XRP Ledger, Sui, Stellar, Hedera, and 70+ more ecosystems.
Following recent integrations with Stellar and Hedera, Solana is the next major ecosystem connected to Axelar’s interoperability infrastructure. The integration expands Axelar’s support across different execution environments and gives developers, asset issuers, and protocols a secure and reliable way to connect Solana with the broader multichain world.
What the Integration EnablesSolana is one of the most vibrant blockchain ecosystems in Web3, with a growing application layer across DeFi, payments, tokenization, and consumer use cases. With Solana connected through Axelar, applications can combine Solana’s speed, low transaction costs, and active application ecosystem with Axelar’s interoperability infrastructure. The result is new optionality for applications that want to reach broader liquidity, expand user access across chains, and build multichain products that connect Solana with the wider ecosystems.
Ecosystem Partners Expanding to SolanaThe Solana integration launches with day-one ecosystem use cases that demonstrate how Axelar can help bring assets and applications into the Solana ecosystem.
Stronghold is a payments infrastructure platform that enables access to both legacy and next-generation financial services, with $SHx serving as its native utility token. Through Axelar's integration with Solana, Stronghold can now extend SHx reach to Solana and gain access to a broader ecosystem of users, builders, and liquidity opportunities beyond the Stellar ecosystem.
SaucerSwap is a leading decentralized exchange on Hedera, providing trading and liquidity infrastructure optimized for efficient execution and low fees. With Axelar connecting Solana, SaucerSwap can support assets from Solana and other connected blockchains and bring them into Hedera-based trading and liquidity pools. The integration also opens a new path for $SAUCE to extend beyond its native environment into the Solana ecosystem.
How to Access Solana Through AxelarSolana is now connected to Axelar and can be accessed through:
Axelar’s new bridging interface: Users can move assets to and from Solana directly through Axelar’s interface.Squid: Users and developers can access Solana through Squid, a cross-chain routing and liquidity layer built on Axelar that enables seamless asset transfers across ecosystems.Moreover, developers can now start building cross-chain applications with Solana: Send & receive messages across chains | Interchain Token Transfers | Full documentation
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Axelar oznámil bezpečnostní incident na Secret Network, při němž bylo z IBC přemostěných aktiv odcizeno asi 4,67 milionu USD v tokenech. Podle firmy je problém omezen na smart contract na straně Secret a jádrový protokol Axelar zasažen nebyl.
Blockchain interoperability network Axelar on Friday disclosed a security incident impacting assets bridged over IBC from the Axelar chain to Secret Network, resulting in the loss of approximately $4.7 million in tokens.
We have identified an incident affecting assets bridged over IBC to Secret Network from the Axelar chain, with approximately $4.67M worth of tokens taken. Based on current information, the issue is isolated to the Secret-side ICS-20 smart contract of the Cosmos IBC connection…
— Axelar Network (@axelar) June 19, 2026
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Secret Network is a standalone blockchain designed for privacy-by-default smart contracts, where transaction data is encrypted while code remains verifiable on-chain. Through its integration with Axelar, it enables private cross-chain communication, allowing applications to support use cases like confidential DeFi trading, private NFT transactions, and anonymous governance.
Axelar said early findings suggest the issue is isolated to the Secret-side ICS-20 smart contract used in the Cosmos IBC connection between Secret and Axelar for assets transferred from Axelar to Secret.
As an immediate precaution, the Axelar emergency committee disabled the Secret and Secret-SNIP connections. The team has also contacted relevant exchanges and law enforcement authorities.
The company stated that the incident is isolated to assets on Secret bridged from Axelar and that no other IBC connections, Secret tokens, or Axelar integrations appear to be impacted. Axelar’s core protocol was not affected, according to the team.
Axelar said it is continuing its investigation and plans to release a detailed post-mortem.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Axelar Network uvedla, že bezpečnostní incident nezasáhl její síť ani IBC protokol. Problém vznikl v upraveném třetím tokenovém kontraktu s chybou „infinite minting“.
PANews, June 20 — Cross-chain protocol Axelar Network issued a statement regarding a recent security incident, clarifying that there are misunderstandings within the community. The Axelar Network itself and the IBC protocol were not attacked or compromised, and the affected token smart contract was not developed, deployed, or maintained by Axelar Network. The exploited contract is a forked version based on the CW20-ICS20 implementation, but the developer removed two core security checks, resulting in an “infinite minting” vulnerability. By deleting the verification mechanisms originally designed to prevent such issues, the fork altered the contract’s original trust model and did not undergo a new security audit.
Axelar Network further explained that anyone can deploy contracts for cross-chain asset wrapping via IBC, and similar contracts are also used to wrap tokens from other chains onto Secret Network. This incident is not a unique logic flaw, nor is it a problem with the IBC protocol itself, but rather a security risk introduced by modifications to a third-party contract.
Binance, the world’s leading crypto exchange, on Friday made a significant announcement for the universal interoperability protocol Synapse. The crypto exchange revealed futures listing for SYN token. Traders responded immediately and the price witnessed a nearly 40% uptick in value following the listing announcement today.
Binance Unveils Synapse Futures Listing According to an official announcement by Binance today, August 16, the exchange is all set to launch the USD-Margined perpetual contract for SYN at 12:30 UTC today. Users can enjoy up to 50x leverage trading SYNUSDT.
The underlying asset Synapse is a universal interoperability protocol that enables cross-chain communication. Further, the token’s futures listing on one of the world’s leading exchanges has ignited significant optimism among market participants. High leverages encourage more market participants to invest in the asset, jacking up trading volume and market attention.
Also, the capped funding rate for the Synapse was set at +2.00% / -2.00%. However, “Based on market risk conditions, the exchange may adjust the specifications of the aforementioned futures contract from time to time,” it added in a statement. This listing chronicle has aided the token in garnering significant attention across the broader crypto market.
Simultaneously, the token’s price noted unprecedented gains today, in tandem with the listing announcement.
As CoinGape reported earlier, BANANA Price hit a weekly high following Banana Gun futures listing by Binance. Also, Banana Gun, the platform behind BANANA, initiated a massive burn to further bolster the token’s price.
SYN Price Soars Meanwhile, Synapse price has rallied over 40% after the Binance announcement. SYN price is currently trading at $0.560, with a 24-hour low and high of $0.366 and $0.500, respectively. Moreover, the trading volume saw a massive 191% increase in the last 24 hours, indicating interest among traders.
The current market sentiment orbiting the digital asset remains extremely bullish, primarily attributable to the futures listing announcement by a leading exchange.
Additionally, aiming to streamline user experience surrounding Futures API, the exchange will perform a live upgrade on WebSocket APIs for the entire day of August 21, it revealed in another announcement today.
Hyperliquid v roce 2024 zvýšil celkovou uzamčenou hodnotu na 2,1 miliardy USD a denní objem obchodů na 15 miliard USD. Uživatelská základna vzrostla z 31 000 na 300 000.
Hongji is a reporter who covers crypto, finance, and tech. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX,...
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January 7, 2025
Hyperliquid highlighted key milestones in 2024, including reaching $15 billion in daily trading volume and expanding its user base ninefold to 300,000 users.
According to a post by Hyper Foundation, the decentralized exchange attributed its rapid growth and ecosystem expansion to updates such as the HyperBFT consensus, HIP token standards, and staking features.
Hyperliquid’s Exponential Growth in 2024Hyperliquid experienced growth in 2024, with its 24-hour all-time high (ATH) trading volume climbing from $1 billion to $15 billion.
This major increase in trading activity was accompanied by growth in other metrics, highlighting Hyperliquid’s expanding market presence.
Hyperliquid started 2024 as a barely-known perp dex and ended the year as one of the largest decentralized financial hubs, processing billions in volume per day with a thriving ecosystem of builders, traders, and community members.
Thank you to everyone who came together for a… pic.twitter.com/GgmlsiW4mg
— Hyperliquid (@HyperliquidX) January 7, 2025 Open interest rose from $178 million to $4.3 billion, while total value locked (TVL) climbed from $56 million to $2.1 billion.
Additionally, the exchange’s user base expanded from 31,000 to 300,000, marking a ninefold rise.
Hyperliquid also supported 158 perpetual trading pairs and 128 native spot assets, generating over $3.5 million in daily revenue from trading fees and spot auctions.
These achievements were underpinned by the introduction of staking mechanisms and native token standards, including HIP-1 and HIP-2, which streamlined token usage across its platform.
Ecosystem Expansion Through New Features in 2024Throughout 2024, Hyperliquid launched new features and integrations that strengthened its ecosystem.
Third-party platforms, including Synapse, deBridge, and DEX Screener, bolstered interoperability and trading tools within Hyperliquid’s ecosystem.
Projects launched on Hyperliquid during the year included applications like HypurrScan, which allows users to analyze blockchain data, and HypurrFun, a platform for trading and creating meme coins.
Community-driven initiatives, such as Hyperliquid KR and HyperActive, further contributed to regional expansion and outreach efforts.
“All of this was achieved without taking any external funding and giving all trading fees to the community,” Hyper Foundation stated in its post. “Thank you to everyone who came together for a record-breaking 2024.”
Binance pozastaví 23. května 2024 ve 12:00 tureckého času vklady a výběry na síti aelf (ELF) kvůli upgradu sítě. Upgrade je očekáván přibližně v 13:00 tureckého času na bloku 212 193 783. Obchodování zůstane beze změny.
Cryptocurrency exchange Binance made an announcement today regarding an altcoin to inform its users. The cryptocurrency mentioned in the announcement is aelf (ELF). Let’s look into the details of Binance’s announcement.
In the announcement by Binance, it was stated that from 12:00 PM Turkey time on May 23, 2024, deposits and withdrawals of tokens on the aelf (ELF) network will be suspended to support the network upgrade for the best user experience.
The network upgrade is expected to occur at block height 212,193,783, approximately at 1:00 PM Turkey time on May 23, 2024.
What Details Were Provided?The leading cryptocurrency exchange Binance informed its users that trading of tokens on the mentioned network will not be affected.
Binance also emphasized that it will meet all relevant technical requirements for all users. Deposits and withdrawals for tokens on the mentioned network will reopen once the upgraded network is deemed stable. No further announcement will be made.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Binance podpoří upgrade sítě aelf (ELF) a 15. ledna 2025 v 17:00 (UTC+8) dočasně pozastaví vklady a výběry. Obchodování ELF zůstane na platformě beze změny.
Binance to support aelf network upgrade, temporarily halting deposits and withdrawals on Jan. 15, 2025.
In anticipation of a network update, Binance has announced that it will temporarily suspend token deposits and withdrawals on the aelf (ELF) network on Jan. 15, 2025, at 17:00 (UTC+8).
The purpose of this planned update is to enhance the overall user experience on the ELF blockchain. The upgrade is scheduled to occur at block height 252,256,057, and the process is expected to commence at approximately 18:00 UTC+8 on the same day. Block height refers to the position of a specific block within the blockchain, and the network upgrade will occur once the blockchain reaches this point.
Users will still be able to trade ELF tokens normally on the Binance platform during the network upgrade. However, deposit and withdrawal services will be temporarily unavailable while the upgrade is in progress.
To avoid any potential interruptions, Binance strongly advises users to deposit their ELF tokens in advance. Once the upgrade is complete and the network is stable, deposits and withdrawals will resume automatically without further notice.
ELF is a decentralized blockchain for cloud computing that aims to provide a scalable ecosystem. Its primary goal is to create a flexible blockchain capable of supporting various industries and applications.
At the time of writing, ELF is priced at $0.5016 with a market valuation of $369.18 million. The token’s $28.57 million in trading volume demonstrates a 34.36% drop in the past 24 hours.
Token upgrades refer to modifications made to a blockchain network’s core protocol or structure to improve its usability, security, or overall functionality. In this case, it is expected that the ELF network upgrade is expected to boost both performance and scalability, which are essential for the continued growth and success of the ecosystem.
Throughout 2024, Binance has actively supported network upgrades for several prominent tokens. In April 2024, Binance supported the Ethereum (ETH) Shanghai upgrade, a critical step in ETH’s transition to a more scalable and sustainable network, which allowed staked ETH to be withdrawn.
Binance also supported the Dash network upgrade and hard fork, which took place on January 7, 2025. This upgrade aimed to enhance the network’s security and performance. Additionally, Binance has announced its support for the Optimism network update, scheduled for January 10, 2025, which focuses on improving scalability and efficiency within the Optimism ecosystem.
As part of its ongoing commitment to enhancing the blockchain ecosystem and providing users with the best possible experience, Binance is dedicated to ensuring smooth transitions during these upgrades.
For more information about the ELF token upgrade, please refer to the official project announcement.
Micron Technology zveřejnila konferenční hovor k výsledkům za fiskální třetí čtvrtletí 2026. V úvodu firma uvedla, že zveřejnila i tiskovou zprávu s čtvrtletními výsledky.
Micron Technology, Inc. (MU) Q3 2026 Earnings Call June 24, 2026 4:30 PM EDT
Company Participants
Satya Kumar - Corporate VP of Investor Relations & Treasurer
Sanjay Mehrotra - CEO, President & Chairman
Mark Murphy - Executive VP & CFO
Conference Call Participants
Timothy Arcuri - UBS Investment Bank, Research Division
Joseph Moore - Morgan Stanley, Research Division
Christopher Muse - Cantor Fitzgerald & Co., Research Division
Vivek Arya - BofA Securities, Research Division
Sreekrishnan Sankarnarayanan - TD Cowen, Research Division
Presentation
Operator
Ladies and gentlemen, thank you for joining us, and welcome to Micron Technology's Fiscal Third Quarter 2026 Financial Conference Call. After today's prepared remarks, we will host a question-and-answer session. Webcast viewers, please note that you will be able to advance the slides as you view at your own pace.
I will now hand the conference over to Satya Kumar, Corporate Vice President of Investor Relations and Treasury. Satya, please go ahead.
Satya Kumar
Corporate VP of Investor Relations & Treasurer
Thank you, and welcome to Micron Technology's Fiscal Third Quarter 2026 Financial Conference Call. On the call with me today are Sanjay Mehrotra, our Chairman, President and CEO; and Mark Murphy, our CFO. Today's call is being webcast from our Investor Relations site at investors.micron.com including audio and slides. In addition, the press release detailing our quarterly results has been posted on the website, along with the prepared remarks for this call.
Today's discussion contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include statements regarding our future financial and operating performance and our business model, as well as trends and expectations in our business, customers, market, industry products and regulatory and other matters. These statements are based on our current assumptions, and we assume no obligation to update these statements. Please refer to our most recent financial reports on Form 10-K, Forms 10-Q and
SSV Network představil SSV 2.0, nový model pro „Based“ aplikace na Ethereum s cílem posílit bezpečnost a decentralizaci. Síť už zajišťuje 1,9 milionu staked ETH.
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SSV Network recently revealed SSV 2.0, a new bootstrapping model to bring “Based” Applications (bApps) to Ethereum. The new infrastructure framework aims to enhance the network’s security and enable “truly decentralized” bApps without compromising Ethereum’s core values.
SSV Network To Bring ‘Based Applications’ To Ethereum SSV Network announced SSV 2.0, an infrastructure framework created to “address the increasing ecosystem fragmentation” and growing demand for Layer 1 (L1)-anchored interoperable solutions.
SSV Network is a fully decentralized distributed staking infrastructure securing 1.9 million staked ETH. The staking network allows the distributed operation of Ethereum validators using Secret Shared Validators (SSV).
According to the announcement, the new bootstrapping model will allow applications “to go ‘based’” by directly leveraging Ethereum’s validator network. The “based” approach is set to “reunite fragmented liquidity while enhancing security” through Ethereum’s validator infrastructure.
Moreover, SSV Network highlighted the growth of the based ecosystem, which creates a need for “a based solution to bootstrapping.” It also noted that SSV 2.0 aims to allow developers to build on Ethereum L1 in a “way that is aligned with the original values and future vision of the ETH ecosystem.”
This includes solving several core issues like fragmentation, high bootstrapping costs, and inadequate security for many Layer 2 (L2). Founder and CEO of SSV Labs, Alon Muroch, stated that the project could change the restaking market, create a new “based economy,” and transform the network’s economics:
SSV2.0 is the biggest, most ambitious project for the SSV Network DAO that has ever been envisioned. If put in place by the DAO, it will profoundly change the restaking market and will create a new ‘Based Economy’ where validators directly secure the bApps of tomorrow. All while positively transforming the SSV economics.
A ‘New Class’ Of Decentralized Apps According to the announcement, SSV 2.0 bases any services or applications directly on the Ethereum L1, creating a “new class of decentralized applications” that allows validators to do more. Additionally, it aims to ensure that bApps can use Ethereum L1’s security, decentralization, and Sybil resistance.
A bApp gains security directly from the L1 instead of utilizing different tokens like in current restaking models, making them more Ethereum-aligned and not exposing Ethereum or its validators to cascading risks. Additionally, gaining more security for the cost of bootstrapping SSV 2.0 extends beyond traditional bootstrapping approaches by introducing the first ‘Infinite-sum’ security model, where increased participation strengthens the entire network rather than creating zero-sum competition.
The new model utilizes the validator as the basis of security to provide a “shared security foundation” to bootstrap any use case, including L2s, oracles, fraud-proofs, and other things that require validation and security.
Meanwhile, validators will be able to unlock benefits by helping bApps bootstrap. SSV Network states that in SSV 2.0, validators can increase their gains by opting into secure bApps or providing different services, like L2 sequencing or validator commitments, to those that need it.
The team announced the development of the SVV Chain as the first bApp to “support the coordination of the new based economy.” The dedicated chain will act as a secure coordinator layer to enable the extension of the SSV network to multiple L1s, including Solana, Avalanche, and Cosmos.
Additionally, SSV Network unveiled its tokenomic changes as part of its transformation from a Distributed Validator Technology (DVT)-powered staking infrastructure into a multidimensional network for the based economy. “First, SSV 2.0 will enable anyone to participate in securing bApps and get rewarded by staking SSV. Second, the SSV token will introduce new burning and fee mechanisms,” the announcement read.
Ethereum (ETH)'s performance in the one-week chart. Source: ETHUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
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Ethereum zažilo vzácný masový slashing: penalizováno bylo 39 validátorů napojených na SSV Network. Podle Alona Murocha šlo o problém infrastruktury u operátorů, nikoli o kompromitaci protokolu.
Ethereum experienced a rare slashing event on Wednesday, with 39 validators penalized, according to blockchain explorer Beaconcha.in.The validators were tied to the SSV Network, a distributed validator technology (DVT) protocol that decentralizes staking infrastructure by splitting validator keys across multiple operators.Despite the scale of the incident, SSV founder Alon Muroch emphasized that the protocol itself was not compromised. Instead, the penalties stemmed from operator-side infrastructure issues involving third-party staking providers using SSV.Ethereum experienced a rare slashing event on Wednesday, with 39 validators penalized, according to blockchain explorer Beaconcha.in.
The validators were tied to the SSV Network, a distributed validator technology (DVT) protocol that decentralizes staking infrastructure by splitting validator keys across multiple operators.
Despite the scale of the incident, SSV founder Alon Muroch emphasized that the protocol itself was not compromised. Instead, the penalties stemmed from operator-side infrastructure issues involving third-party staking providers using SSV.
One cluster of slashed validators was tied to Ankr, a liquid staking provider. According to Muroch, routine maintenance on Ankr’s systems triggered the event. A second slashing involved a validator cluster that had migrated from Allnodes two months earlier. Investigators believe a secondary validator setup caused the duplicate signing that led to penalties.
In total, 39 validators were slashed, making this one of the largest correlated slashing events since Ethereum’s transition to proof-of-stake. Each validator slashed faces an immediate ETH penalty and could face inactivity leaks, compounded losses. One validator, backed by a 2,020 ETH stake, lost around 0.3 ETH, or about $1,300 at today’s prices, in the process.
While slashing is built into Ethereum’s design as a deterrent against malicious or negligent behavior, it remains exceedingly rare. Fewer than 500 validators out of more than 1.2 million active have been slashed since the Beacon Chain went live in 2020. Most incidents, including this one, have been traced to operator issues rather than deliberate attacks.
Mass slashings are particularly notable because correlated misbehavior increases the severity of penalties. Ethereum’s protocol enforces additional inactivity leaks when groups of validators are slashed together, amplifying the financial impact.
For Ethereum’s staking ecosystem, the latest wave underscores a familiar but critical lesson: validator safety hinges as much on infrastructure and operator diligence as on the protocol itself. Even when the underlying software is uncompromised, operational errors can have costly and very public consequences.
Read more: ‘Keep It Simple’: Prevent Your Eth 2.0 From Being Slashed
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
SSV Network představil Compose Network, novou vrstvu pro atomické propojení Ethereum rollupů. Projekt má odstranit fragmentaci likvidity a zrychlit cross-rollup transakce.
SSV Network has unveiled a new project called Compose Network, pitching it as the “holy grail of Ethereum interoperability” and a layer that will connect rollups rather than compete with them. Announced in a spirited post on X, the team positioned Compose as a continuation of SSV’s infrastructure work, built on its validator stack and meant to enable atomic, instant coordination across Ethereum’s various rollups.
According to SSV’s announcement, Compose is a coordination layer at the execution layer: it lets actions that span multiple rollups execute together, or not at all. The core promise is straightforward but consequential. Deposit to Rollup A, swap on Rollup B, bridge back to Rollup A; all of those steps would settle together, atomically, in a single coordinated flow. No long waits on bridges, no fragmented liquidity across siloed rollups, just instant finality backed by fast zk proofs and secured by Ethereum.
SSV framed Compose not as a pivot but as an “SSV-native initiative.” The team says it builds on the group’s earlier work on distributed validator technology (DVT) and on the notion of “Based Applications” that SSV introduced earlier this year. By extending those ideas, Compose aims to give SSV validators a new role: powering cross-rollup coordination and earning additional incentives for doing so. In SSV’s view, that will create more use cases, increase demand for validators, and strengthen network effects while attracting a growing ecosystem to build on top of the infrastructure.
The company emphasized that SSV Labs and the SSV DAO remain committed to advancing DVT and to the network’s core roadmap, portraying Compose as the next logical step in both SSV’s roadmap and Ethereum’s evolution. “Compose isn’t just about faster transactions,” the post reads, “It’s about restoring the Ethereum experience, where everything works together again. Atomic. Synchronous. Instant. Composable.”
From DVT to interoperability Technically, Compose promises to stitch rollups at the execution layer using a combination of fast zero-knowledge proofs and SSV’s validator security. That architecture is intended to deliver the kind of atomic cross-chain experiences users and developers have long sought: multi-step flows that either complete in full across rollups or fail cleanly, without leaving funds stranded mid-bridge. If Compose delivers on its claims, developers would be able to design multi-rollup applications that behave as if they were deployed on one unified Ethereum, rather than a patchwork of separate environments.
SSV’s announcement also teased a broader play: by enabling synchronous composition across rollups, the project aims to make Ethereum scale horizontally via rollups while preserving a vertically unified user and developer experience. The blog post linked by SSV promises more technical detail and context for teams that want to learn how Compose will work and who will be able to build on it.
To answer questions from the community, SSV invited followers to a community call and pointed readers to its Discord channel. The team also encouraged people to follow Compose Network on X for updates as the project moves from announcement toward implementation. The introduction of Compose comes at a moment when Ethereum’s roadmap increasingly relies on rollups for scaling, and the ecosystem is hungry for better cross-rollup primitives. Bridges have long been a pain point; slow finality, liquidity fragmentation, and complicated user flows have frustrated both builders and end users.
By promising instant, atomic multi-rollup transactions, Compose isn’t trying to be another rival rollup; it’s pitching itself as the glue that actually makes rollups work together. The idea is simple: stitch different rollups into a single, seamless experience so users and builders don’t have to wrestle with slow bridges or fragmented liquidity.
Of course, whether Compose can pull it off comes down to the gritty details, the implementation, how validator rewards are structured, and whether SSV can produce fast, reliable zk proofs at scale. Still, the announcement feels like a bold step: moving interoperability from basic message passing to true atomic execution. If it succeeds, it could change how multi-rollup apps are built and, more importantly, how they feel to use across Ethereum.
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Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
SSV DAO navrhla SSV Staking, který má z tokenu SSV udělat akumulační token ETH a umožnit stakerům získávat odměny v ETH akumulované z poplatků sítě. Pokud návrh projde, přinese i delegaci a Effective Balance Oracles.
SSV Network, the leading distributed validator technology (DVT) provider on Ethereum, securing over 5.5M ETH, is set to undergo the biggest comprehensive upgrade in its history. The SSV DAO has unveiled a potential path for SSV Staking, a major upgrade that would fundamentally redesign how the network accounts for validator balances and collects fees. If approved, the proposal would introduce SSV Staking delegation and Effective Balance Oracles, integral to the network, and turn the SSV token into an ETH accrual token, allowing SSV stakers to receive ETH rewards accrued from network fees.
At the center of the proposal is a move away from SSV-denominated protocol fees toward a fully ETH-native accounting and reward model that reflects the reality of Ethereum’s validator economy. Validator rewards are earned in ETH, operator costs are priced in ETH, and post-Pectra validator balances can now scale up to 2,048 ETH per validator. SSV Staking is designed to align the protocol — and its token — with that reality.
Introducing Effective Balance Oracles for post-Pectra accounting In parallel, supporting SSV staking and Ethereum’s post-Pectra validator model requires effective balance–aware accounting. Effective Balance Accounting ensures that fees, runway calculations, and liquidation logic scale with the actual stake secured by validators, rather than relying on “per-validator” accounting that has changed with validator consolidation – allowing a single validator to have a balance of 2048 ETH.
Implementing this model natively requires the protocol to reflect validator effective balances on-chain throughout their lifecycle. To bridge the gap between Ethereum’s consensus layer and on-chain accounting, the protocol introduces Effective Balance Oracles that track validator balances and update the protocol state.
Operating this oracle layer securely and resiliently is a core protocol function. Under SSV Staking, SSV holders would stake and delegate their tokens to support the selection and operation of oracle participants, aligning economic incentives with protocol security.
From Governance token to ETH accrual asset Under the proposal, SSV holders would be able to stake their tokens in a new staking contract and receive cSSV, a liquid ERC-20 token minted 1:1 to represent a staked position. While holding cSSV, participants would accrue a pro-rata share of ETH-denominated network fees, distributed through the protocol in proportion to staking participation.
Elad Gafni, SSV Foundation, said:
“cSSV is designed to represent more than a staked position; it represents participation.” Adding that: “SSV Staking is a mechanism for SSV holders to help operate and secure a core protocol function through delegation. This is a fundamental shift in how value flows through the network.”
Crucially, holding cSSV preserves full governance and voting rights, while enabling composability across DeFi as a liquid representation of staked SSV.
A new relationship between Ethereum infrastructure and SSV token holders SSV Staking goes beyond introducing yield. It is a full redesign of the network’s economic engine, connecting validator balances, ETH-denominated fees, oracle-backed accounting, and token incentives into a single system.
If approved by the DAO, SSV Staking would mark a shift from SSV as a governance and operator payment token toward an ETH accrual token, tightly coupled to the usage of one of Ethereum’s largest staking infrastructure providers.
About SSV Network SSV Network provides a distributed infrastructure designed to improve the fault tolerance, decentralization, and security of Ethereum validators through Distributed Validator Technology (DVT). SSV Network is the leading provider on Ethereum, securing over 5.5M ETH, worth an estimated ~$16 billion, across nearly 2,000 globally distributed node operators.
Press contact:
Robert Drage [email protected] Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
Centrifuge integroval Fireblocks, čímž zpřístupnil své RWA více než 2 000 institucionálním protistranám. Správci fondů mohou přes Fireblocks opatrovat i CFG.
The partnership makes Centrifuge available to Fireblocks’ 2,000 institutional counterparties.
Centrifuge is integrating support for Fireblocks in the latest example of the tokenized real-world asset (RWA) sector's maturation.
On Oct. 21, an RWA tokenization and financing platform, integrated Fireblocks, an institutional-facing digital asset custodian.
The move allows Centrifuge asset managers to launch and manage funds using Fireblocks to custody both Centrifuge-native RWAs and its CFG token. The move also makes Centrifuge available to more than 2,000 institutional counterparties using Fireblocks Network.
“By integrating Centrifuge, we will help meet the growing demand for real-world asset tokenization, as well as bringing these assets on-chain,” said Idan Ofrat, chief product officer at Fireblocks. “With a growing list of over 80 supported blockchains, Fireblocks enables our customers to securely custody tokens on the latest chains and quickly build innovative services for their customers.
"We're excited to integrate Fireblocks to bring our customers closer together and simplify the process of issuing and managing tokenized RWAs for asset managers,” said Bhaji Illuminati, chief marketing officer of Centrifuge.
Centrifuge is an on-chain credit protocol enabling users to provide financing to real-world businesses. Users gain access to a variety of assets, including asset-backed securities, real estate, and invoice financing as both a source of yield and collateral underpinning loans.
Fireblocks has facilitated more than $6 trillion worth of digital asset transfers, and counts major banks such as BNY Mellon and BNP Paribas among its clients.
Centrifuge adoptionCentrifuge currently hosts a total value locked (TVL) of $152 million across its RWA credit pools.
Centrifuge has hosted $652.9 million worth of asset financing to date, up nearly triple since the start of 2023, according to Dune. BlockTower’s four pools offering exposure to asset-backed securities and consumer loan obligations account for 51.4% of the total, followed by New Silver’s three real estate-backed pools with 25.3%
New Silver Series 2 is Centrifuge’s largest active pool with a TVL of $41.7 million, followed by Anemoy’s Liquid Treasury Fund (LTF) with $36.1 million.
LTF positions Centrifuge as the eighth-largest tokenized treasury issuer, according to rwa.xyz. On Sept.13, Centrifuge announced that Janus Henderson, a $335 billion asset management firm, was taking over the management of LTF.
In April, Centrifuge announced it closed a $15 million Series A funding round co-led by ParaFi Capital and Greenfield.
The price of CFG is up 2% over the past 24 hours, according to The Defiant’s crypto price feeds.
V USA už alespoň tři státy zvažují vlastní strategickou Bitcoin rezervu, zatímco čekají na federální plán Donalda Trumpa. Mezi nimi jsou Pennsylvania, Texas a Ohio.
Several states in the U.S. are already considering the idea of a strategic Bitcoin reserve as proponents await a push from Donald Trump on the federal level.
On the campaign trail for the November 2024 elections, now President-elect Donald Trump made several big promises to the crypto industry. Still, none has been as talked about following the election as his intention to launch a strategic U.S. Bitcoin reserve.
However, while pundits continue to debate the feasibility of such a move at the Federal level and its possible market impacts, some states may be looking to get in on the action.
U.S. States Consider the Orange Pill Following Donald Trump’s election victory, at least three U.S. states are considering building their own Bitcoin stockpile employing unique frameworks, as recently highlighted in a CNBC Crypto World report on Tuesday, December 24. Speaking with CNBC, Centrifuge General Counsel Eli Cohen asserted that the development was significantly positive for the crypto markets.
Pennsylvania On November 12, barely a week after Trump’s announcement as the next U.S. president, Pennsylvania State Representative Mike Cabell proposed a bill to allow the state treasurer to invest state funds in Bitcoin.
House Bill 2664, or the Strategic Bitcoin Reserve Act, seeks to allow the treasurer to invest up to 10% of the State General Fund, the Rainy Day Fund, and the State Investment Fund in Bitcoin.
Cabell argues that implementing the bill would help protect state assets against inflation. He asserted that the state’s purchasing power had reduced by a staggering 20% in the past four years alone while Bitcoin continues to gain strength against the dollar.
So far, Pennsylvania’s Strategic Bitcoin Reserve Act has received only one co-sponsor, Representative Aaron Kaufer.
Texas On December 12, Texas State Representative Giovanni Capriglione proposed House Bill 1598, or the Texas Strategic Bitcoin Reserve Act, to allow the state to establish a Bitcoin reserve within its treasury.
Unlike Pennsylvania’s proposed bill allowing the treasurer to purchase Bitcoin with established state funds, the proposed Texas bill will establish the reserve by enabling residents to pay charges and taxes with Bitcoin. The stockpile will also be open to voluntary donations.
The Texas bill also details the establishment of cold storage and a holding period, noting that the state must not sell the reserve for at least five years.
Like Pennsylvania’s Cabell, Capriglione also argues that Bitcoin could act as an inflationary hedge preserving value for Texans.
On Tuesday, Centrifuge’s Eli Cohen told CNBC that Texas’ bill may face significant infrastructure hurdles and problems getting the crypto community to submit their wallet for taxes.
Ohio Ohio is the most recent to join the Bitcoin rush. On December 17, state Representative Derek Merrin submitted a proposal to allow the state to establish a Bitcoin stockpile.
House Bill 703, or Ohio’s Bitcoin Reserve Act, seeks to give the state treasurer the flexibility to invest in Bitcoin if they desire and build a reserve from seized assets.
Merrin hopes the bill will pave the way for quick legislation in 2025.
The recent state bills, like the proposed national effort, are all in their early stages, and it remains unclear if they can garner the needed support to become law. But till then, the ensuing speculation continues to drive excitement about Bitcoin and crypto.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Centrifuge a Ozean spustily na platformě Port regulovaný fond JTRSY krytý americkými státními dluhopisy, který přináší nativní tokenizovaná RWA do DeFi. Fond nabízí denní likviditu a výnos z krátkodobých T-bills.
Centrifuge enables native RWA issuance on Ozean via regulated U.S. Treasury fund JTRSY. Port combines tokenized T-bills with RWAs for compliant, diversified DeFi yield access. Partnership expands DeFi access to institutional-grade assets without cross-chain fragmentation. Blockchain infrastructure firm Ozean has partnered with Centrifuge to launch regulated real-world assets (RWAs) on Port, an on-chain exchange-traded pool (ETP) developed by Ozean. The effort begins with integrating JTRSY, a U.S. Treasury fund by Anemoy Capital and Janus Henderson, offering daily liquidity access to yield-generating T-bill investments.
🌀 @centrifuge to launch on Ozean to bring high-quality RWAs to Port
The launch starts with JTRSY, a regulated U.S. Treasury fund by @anemoycapital and Janus Henderson, giving users compliant access to stable, yield-generating assets with daily liquidity.
🤝 The partnership… pic.twitter.com/AlLSKiWnYv
— Clearpool (@ClearpoolFin) April 8, 2025 The integration supports compliant user access to stable, tokenized assets and expands opportunities for asset managers to issue RWAs directly on Ozean.
Instead of bridging various interfaces for asset management seen in bridging models, this deployment integrates the Centrifuge infrastructure to issue assets natively on Ozean, making the fund processes and investors’ access more efficient.
JTRSY Launches on Ozean for On-Chain Yield JTRSY, the Janus Henderson Anemoy Treasury Fund Segregated Portfolio, is the first asset made available through this collaboration. It is a fully regulated, actively managed fund that invests in short-term U.S. Treasury Bills. The fund provides daily liquidity and accrues yield directly to the token’s value, giving holders access to stable, low-risk returns.
The fund is already deployed across multiple blockchains, including Ethereum, Base, Celo, Arbitrum, and Fraxtal. With the addition of Ozean, JTRSY becomes accessible on another platform that supports compliant and transparent RWA investments.
Broader Integration of Tokenized Funds Expected Following the initial deployment, the partnership is expected to bring more Centrifuge-enabled funds to Ozean. These future launches will aim to meet various yield preferences across investor profiles, contributing to the broader integration of tokenized finance in decentralized markets.
Port, Ozean’s ETP infrastructure, combines highly liquid assets like tokenized T-bills with traditionally illiquid RWAs. This structure supports instant credibility and dynamic yield generation while also reducing risk exposure through diversified asset pools.
Native Infrastructure for DeFi-Compatible RWAs Ozean, built on the OP Stack and part of the Optimism Superchain, was developed by Clearpool to address inefficiencies in RWA protocols. It aims to simplify access to native yield for DeFi users and solve fragmented RWA solutions across platforms.
Centrifuge tokenization protocol integration into Ozean enables a native solution for asset managers to create and manage funds without the use of cross-chain bridges and other third-party connections. This model is expected to improve institutional and retail participants’ capital efficiency, access, and asset management.
Since its inception in 2017, Centrifuge has facilitated over $682 million in tokenized asset financing. Clearpool, the creator of Ozean, has originated over $750 million in institutional loans. Their partnership shows continued growth in using tokenized real-world assets in decentralized finance infrastructures.
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Centrifuge spojil síly s Wormhole a Anemoy, aby spustil multichain platformu Centrifuge V3 pro vydávání a správu tokenizovaných aktiv napříč blockchainy.
The partnership, which also includes crypto asset manager Anemoy, aims to streamline the issuance and management of tokenized assets across blockchains.
Centrifuge, a top real-world asset (RWA) tokenization platform, announced a partnership with blockchain interoperability protocol Wormhole to launch a multichain platform that aims to improve how tokenized assets are issued and managed, according to a press release shared with The Defiant.
The collaboration also includes Anemoy, a web3-native asset manager built on Centrifuge. The new platform, Centrifuge V3, lets asset managers and investors handle tokenized assets across different blockchains.
“Wormhole's multichain interoperability platform plays a crucial role in supporting the scalability of Centrifuge V3 by enabling full chain abstraction, allowing seamless fund administration and investment across any blockchain network,” Jeroen Offerijns, the CTO of Centrifuge, told The Defiant.
Offerijns added that by integrating Wormhole, Centrifuge ensures liquidity flows smoothly across different blockchains, while assets can be easily used within both decentralized finance (DeFi) protocols and traditional institutional platforms.
Centrifuge currently boasts a total value locked (TVL) of around $136.6 million and a market capitalization of $5.7 million at press time, according to DeFiLlama data — making it the 15th largest RWA protocol by TVL.
The company has raised a total of $27 million across five funding rounds, raising $15 million in its most recent round, led by ParaFi and Greenfield.
Tackling tokenization challengesA major obstacle to the growth of tokenized assets is the fragmented infrastructure, Offerijns explained. He noted that asset managers often face a mix of tools and vendors, with no standardization, unclear legal structures, and high smart contract risks.
“Managing compliance, fund operations, issuance, and investor servicing onchain is still a daunting challenge,” Offerijns explained. “On top of that, chain fragmentation forces investors to navigate multiple networks, wallets, and interfaces — which adds unnecessary friction and risk to their experience.”
To address these issues, Centrifuge V3 offers customizable tokenization rails using a modular stack of pre-built, audited, and tested smart contracts. “These contracts cover everything from compliance to asset management, issuance, and day-to-day operations,” Offerijns said. “Managers can launch tokenized products quickly and confidently, without needing to build or audit new infrastructure.”
Moreover, all fund data and accounting will be managed on a single chain, offering unified and transparent data, which Offerijns called crucial for institutional reporting and governance, adding:
“Centrifuge V3 also integrates with liquidity providers in the ecosystem to offer instant and near-instant liquidity for tokenized products — addressing another key institutional concern: the ability to exit positions when needed."Jeroen OfferijnsThe future of RWAsTokenized assets are rapidly emerging as one of the fastest-growing sectors in DeFi. According to RWA.xyz, the total onchain value of tokenized RWAs has reached over $20 billion, an 11% increase in just the past month. Additionally, the number of asset holders has grown by almost 6%, bringing the total to 95,455 at press time.
“As the industry matures, we’re seeing a shift from purely crypto-native collateral to tokenized RWAs like U.S. Treasuries, private credit, and real estate — assets that provide stability, yield, and diversification,” Offerijns said, noting that stablecoins are also increasingly backed by RWAs.
He explained that RWA aggregators now function as onchain savings accounts, and lending protocols are facilitating borrowing and lending against these tokenized assets. “But for RWAs to truly power DeFi at scale, they must be accessible, high-quality, and ubiquitous,” Offerijns emphasized.
While Centrifuge V3 is currently building infrastructure that aims to make tokenized RWAs more accessible today, the company’s long-term vision extends beyond just putting funds on-chain.
“We believe blockchain won’t just serve as a distribution layer, it will become the foundation for global capital markets,” Offerijns said. “It will unlock cross-border capital flows, broaden access to investment opportunities, and improve end-to-end processes through automation and operational efficiencies.”
Centrifuge (CFG) vyskočil na nejvyšší úroveň od ledna před migrací tokenu na Ethereum 20. května. Celková uzamčená hodnota v ekosystému zároveň dosáhla rekordních 441 milionů USD.
The Centrifuge token surged to its highest level since January ahead of an upcoming token migration and a sharp rise in assets within its ecosystem.
Centrifuge (CFG) jumped to a high of $0.2850 on Friday, up 180% from its lowest point this year. The surge pushed its market capitalization to over $106 million.
The rally comes ahead of the scheduled migration of the Centrifuge governance token to Ethereum (ETH) on May 20. This marks a major milestone as the network moves toward full Ethereum Virtual Machine compatibility.
The migration is expected to pave the way for the launch of an Ethereum-native Centrifuge Protocol.
The developers hope that the transition from Polkadot (DOT) to Ethereum and Base will improve its governance, broaden exchange and decentralized finance integration, and streamline liquidity.
As part of the migration, the supply of CFG will increase from the current 560.246 million to 675 million. The additional 115 million tokens will be allocated to the Centrifuge Foundation to fund incentives targeted at decentralized finance users, strategic initiatives, and exchange liquidity. The protocol will maintain its 3% annual inflation rate.
The next chapter for $CFG is here.
Starting May 20, 2025, holders of CFG and wCFG will be able to migrate to the new CFG token, designed to support governance and expansion of the Centrifuge protocol.
The migration window will remain open until November 30, 2025.
More details…
— Centrifuge (@centrifuge) May 12, 2025 The token also rallied as the total value locked in Centrifuge’s ecosystem rose to a record $441 million, up from less than $100,000 in March. Most of this capital is in the Janus Henderson Anemoy Treasury Fund, which invests in short-term U.S. Treasury bills.
Centrifuge price analysis CFG price chart | Source: TradingView On the daily chart, CFG climbed to $0.2735 on Friday as anticipation over the token migration intensified. The level is significant, as it coincides with the lowest swing point from October last year.
The MACD indicator has recently crossed above the zero line, and the Relative Strength Index has entered overbought territory.
Given this setup, the token is likely to continue its climb, potentially reaching resistance around $0.50 ahead of the migration. A pullback may follow the event as investors take profits in a classic “sell the news” scenario.
Polymesh na DevNet představil Confidential Assets pro soukromé, auditovatelné vypořádání RWA na veřejném permissioned blockchainu. Řešení skrývá identity, zůstatky i částky, ale zachovává dohled pro auditory a regulátory.
New capability enables confidential, audit-ready asset transfers on a public permissioned blockchain.
Polymesh, the public permissioned blockchain purpose-built for regulated assets, today announced the launch of Confidential Assets on the Polymesh DevNet. This new capability introduces private, fully auditable settlement flows for real-world assets (RWAs), enabling institutions to conduct onchain activity without exposing sensitive positions, transaction sizes, or counterparty information.
The launch of Confidential Assets allows institutional participants to move RWA workflows onchain while keeping participant identities, balances, and transfer amounts confidential, with controlled visibility for auditors and regulators.
Confidential Assets are powered by P-DART, a protocol developed by Polymesh Labs in collaboration with researchers at the University of Edinburgh. The system encrypts key elements of a transaction – including identity, amounts, and asset identifiers – while maintaining verifiability and settlement finality. The approach allows issuers to appoint auditors who can decrypt activity when required for regulatory, legal, or operational reasons.
Institutions have historically faced a trade-off between staying in private, siloed environments to preserve confidentiality or operating on public chains that introduce transparency incompatible with market workflows. Confidential Assets are designed to remove this tension by combining privacy with enforcement and oversight on a public permissioned network.
Key Capabilities
Encrypted balances, amounts, and identities, preserving confidentiality for market participants. Designated auditor access, enabling regulated entities to view transaction details for reporting or dispute resolution. Non-interactive confidential transfers, supporting asynchronous workflows used in institutional settings. Issuer-led force transfer support, allowing corrections related to errors, legal actions, or key loss within appropriate frameworks. Multi-asset atomic settlement, enabling confidential multi-leg transactions to settle simultaneously. The DevNet release provides a dedicated environment for developers and market operators to test confidential settlement workflows ahead of future testnet and mainnet deployments without impacting broader network stability. The environment is suited for prototyping confidential OTC workflows, private asset issuance, fund operations, block trades, and other regulated market structures.
Confidential Assets are available now on the Polymesh DevNet for developers, custodians, tokenisation platforms, and market operators evaluating confidential settlement workflows ahead of future network rollouts. To access the DevNet, users can go to https://devnet-confidential.polymesh.dev/.
About Polymesh Labs
Polymesh Labs is dedicated to the growth of the Polymesh ecosystem through Polymesh and Polymesh Private. Polymesh is a leading public permissioned blockchain purpose-built for real-world assets that streamlines capital markets and opens the door to new financial products. Polymesh Private is a private permissioned instance of Polymesh that can be deployed by enterprises.
tZERO a Polymath uzavřely partnerství pro tokenizaci reálných aktiv na síti Polymesh. Emitenti mohou využít i primární nabídky a u oprávněných případů sekundární obchodování na tZERO’s SEC-regulated Alternative Trading System (ATS).
tZERO Group, Inc., a blockchain-powered multi-asset infrastructure provider, announced a partnership with Polymath, the company behind Polymesh – an L1 blockchain built for real-world assets. The partnership brings together Polymath’s RWA blockchain tech and tZERO’s broker-dealer and tokenization capabilities to support issuers seeking to “tokenize assets on the Polymesh network.”
Polymath and tZERO will aim to support issuers interested in tokenizing on Polymesh while “leveraging tZERO’s infrastructure – including the potential for tZERO Securities to serve as broker-dealer of record where applicable.”
This collab enables issuers to complete primary offerings on Polymesh through tZERO’s tokenization and compliance workflows and, “where eligible, access secondary trading on tZERO’s SEC-regulated Alternative Trading System (ATS).”
The combined model streamlines issuer onboarding, “enhances regulatory confidence, and provides a pathway from issuance to lifecycle management.”
As part of the relationship, tZERO will also operate “a validator node on Polymesh, underscoring a commitment to the network’s governance, security, and long-term ecosystem development.”
Polymesh is said to be designed for regulated financial assets, “offering native identity, compliance, and governance frameworks.”
Pairing Polymath’s L1 chain architecture with tZERO’s regulatory and market structure expertise provides “issuers with a combined solution that is purpose-built for real-world tokenization at institutional scale.”
This collab strengthens the RWA ecosystem by “aligning Polymath’s L1 chain governance with tZERO’s regulated stack, enabling a foundation for issuers looking to launch, manage, and grow digital asset programs.”
Polymath is the fintech company tokenizing the global financial system.
The company is “transforming the private securities market with a white-label SaaS platform that tokenizes real-world assets.”
As mentioned in the announcement, Polymath lets issuers “design compliant, efficient issuance flows while integrating via APIs with custodians, fund-management platforms, cap-table tools, CRM systems, and KYC/AML providers.”
Polymath now reportedly brings “security, liquidity, and efficiency to private markets.”
Polymesh is described as an institutional-grade permissioned blockchain “built specifically for regulated assets.”
It streamlines traditional workflows and “opens the door to new financial instruments by solving challenges around governance, identity, compliance, confidentiality, and settlement.”
As noted in the update, tZERO Group, Inc. and its broker-dealer subsidiaries provide a “liquidity platform for private companies and assets.”
They offer solutions for issuers “looking to digitize their capital table through blockchain tech, and make such equity available for trading on an alternative trading system.”
tZERO, via its broker-dealer subsidiaries, “democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors.”
As covered, tZERO Digital Asset Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC.
It is the broker-dealer custodian of all digital asset securities that are “offered on tZERO’s online brokerage platform.”
It operates in accordance “with the SEC’s statement, dated Dec 23, 2020, regarding the Custody of Digital Asset Securities by Special Purpose Broker-Dealers.”
Polymesh v7.4.0 je na Mainnetu a nově umožňuje držet zůstatky aktiv přímo na Account ID, což zjednodušuje vypořádání. Zachovává přitom identity-based compliance a regulatorní požadavky.
Polymesh v7.4.0 is now live on Mainnet, introducing Account ID based asset balances to simplify settlement flows while preserving full identity driven compliance.
This release introduces an important, non breaking enhancement to the settlement model: Account IDs can now hold asset balances directly. It is the first step toward providing a more streamlined, account oriented experience, while preserving the identity and compliance framework that underpins Polymesh.
This release represents a major step forward in the Polymesh evolution, bringing the intuitive balance model of traditional blockchains to regulated settlement while maintaining the compliance guarantees and regulatory controls that make Polymesh unique.
What's New: Account ID Asset BalancesHistorically, all Polymesh assets were held in Portfolios associated with Identities, DIDs. Portfolios remain a core concept and continue to be fully supported. While this model provides powerful organizational and compliance capabilities, it introduced an additional layer of abstraction that differed from traditional blockchain workflows.
With v7.4.0, asset balances can now also be associated directly with an Account ID, a signing key public key address.
Transactions that previously accepted a Portfolio have been updated to also accept an Account ID as an alternate input extending the capability of the existing settlement related transactions.
This does not remove the role of identity. An Account ID must still be linked to an on chain identity. A key improvement is that new functions have been added that perform the Account ID to DID lookup internally during transfers. This reduces the need for off chain identity resolution and simplifies the transaction flow for developers and integrators.
The result is a model that feels closer to traditional blockchains, where balances are typically stored at the key or account level, while still leveraging Polymesh’s settlement engine for compliance and regulatory enforcement.
Simpler Account Based TransfersTo support Account ID balances, v7.4.0 introduces new Asset module transactions that enable streamlined, single leg transfers between Account IDs:
These new transactions allow a sender to initiate a transfer directly from their Account ID balance to a receiver's Account ID. Because identity resolution happens on chain, callers do not need to perform a separate DID lookup before initiating or affirming a transfer. Compliance checks, double spend prevention and settlement guarantees remain fully enforced by the existing settlement engine.
The transactions also support immediate execution in the block the transaction is submitted providing clear feedback in failure cases.
For transfers:
If the receiver has pre-approved the asset, the transfer executes immediately in the same blockIf not pre-approved, a settlement instruction is created pending the receiver's confirmation
For affirmations:
Upon affirmation, if all compliance requirements are met, the instruction executes immediately in the same transactionIf compliance checks do not pass the transaction fails immediately, allowing the receiver to address issues and retryGetting Started with Account ID BalancesBefore using the new transfer flow, an Account ID must hold an asset balance.
This can be achieved in two ways:
Receiving assets through the existing settlement flow, specifying an Account ID as the destinationMoving funds between a traditional Portfolio and an Account ID under the same identityThese options ensure full backward compatibility. Existing portfolio based workflows continue to function exactly as before.
Still Identity DrivenWhile balances can now be held at the Account ID level, they remain anchored to on chain identities. An Account ID must be linked as a primary or secondary key to a DID, and all compliance checks continue to be evaluated at the identity level.
This design preserves Polymesh’s distinction between identities and keys, ensuring that simplification of transfers does not weaken regulatory controls.
SDK and Portal Updates Coming SoonSupport for Account ID based balances will soon be reflected in updates to the Polymesh SDK and the Polymesh Portal, making it easier for developers and users to take advantage of the new functionality.
These updates will streamline integration and expose the new transfer flows through familiar tooling and interfaces.
Looking Ahead to v8.0Version 7.4.0 is a foundational, non breaking release.
In the coming months, we are targeting v8.0 as the next major upgrade. That release will expand Account ID based balance support further and is expected to remove the need to reference a DID when providing an Account ID in settlement transactions. Because that change will modify existing interfaces making it a breaking change, it is planned to be included in the next major release.
Polymesh v7.4.0 delivers immediate usability improvements today and lays the groundwork for a more intuitive, account oriented settlement model in future updates.
Explore the DetailsFor comprehensive technical documentation, see:
Settlement Overview – How settlements and Account ID transfers work under the hoodPortfolios – New Account ID portfolio sectionAsset Transfers – Detailed settlement flows and examplesQuestions?Join the conversation in the Polymesh Community or reach out to the core team. We're excited to see how Account ID asset balances enable new use cases and simpler integrations!
Polymesh runtime v8 sjednocuje POLYX s modelem Polkadot SDK: standardní Transfer už nebude obsahovat memo ani DID a platby s memo přejdou na TransferWithMemo. Pro výběry prostředků má být podporován alespoň jeden z transfer_* způsobů.
Polymesh v8 upgrade advisory: changes to POLYX transfers, events, balances, and memo/DID handling for exchanges, wallets, and custody providers.
TL;DRUpgrade timeline: Polymesh v8 expected May 2026, with ≥4 weeks notice before mainnet upgradeEvent changes:balances.Transfer will no longer include memo or DID fieldsUse balances.TransferWithMemo for memo-based depositsAction required (deposits):Memo-based systems → switch to TransferWithMemo (available since v7.4)Address-based systems → use TransferDo not parse both events for the same transferExtrinsics: legacy transfer removed, use standard Substrate calls (transfer_*)Balances: update parsing to use frozen instead of miscFrozen / feeFrozenTransferable balance formula updatedDID requirement removed (since v7.3):Receiving addresses do not need a DIDRemove any DID checks on withdrawal validationOverviewPolymesh runtime v8 is an upcoming release. This bulletin is provided in advance so that exchange, custody, and wallet teams can plan and prepare integration changes ahead of the upgrade. The mainnet upgrade is expected in May 2026. A firm date will be announced at least 4 weeks in advance.
This bulletin is for exchange, custody, and wallet engineering teams that support on-chain POLYX transfers and balance reconciliation.
Scope: POLYX token transfer flows on the Polymesh blockchain (balances pallet behavior and related account-balance semantics).
Polymesh runtime v8 aligns POLYX balance behavior with the upstream Polkadot SDK (Substrate) balances model and interface.
The rationale for this change is to:
Reduce network-specific integration logicImprove compatibility with standard Polkadot SDK wallets, indexers, and operational toolingMake transfer semantics and storage layout more predictable across Polkadot SDK-based environmentsFor exchanges, custody platforms, and wallet providers, this results in simpler long-term maintenance, fewer custom parsing rules, and clearer forward compatibility as upstream standards evolve.
What Changes in v81) Transfer ExtrinsicsThe POLYX transfer API surface moves to the standard balances calls:
transfer_allow_deathtransfer_keep_alivetransfer_allThe legacy transfer call is removed. transfer_with_memo remains available for memo-bearing transfers.
For withdrawals or sending POLYX, integrations should support at least one of the four transfer methods (transfer_allow_death, transfer_keep_alive, transfer_all, or transfer_with_memo).
Supporting any one of these methods is sufficient. However, it is recommended, but not mandatory, to support transfer_with_memo for outgoing transfers, since some destinations, such as exchanges, require unique memos for deposit attribution.
2) Transfer EventsCurrent Event Structure (v7.4, pre-v8)The balances.Transfer event currently emits six fields:
balances.Transfer( from_did: Option<IdentityId>, from: AccountId, to_did: Option<IdentityId>, to: AccountId, amount: Balance, memo: Option<Memo> ) The balances.TransferWithMemo event (introduced in v7.4) emits four fields:
balances.TransferWithMemo( from: AccountId, to: AccountId, amount: Balance, memo: Memo )In v7.4, POLYX transfers executed via transfer_with_memo emit both Transfer and TransferWithMemo. Integrations should parse only one of these event streams for deposit accounting to avoid double counting.
v8 Event StructureIn v8, balances.Transfer aligns with the standard Polkadot SDK format and drops the identity and memo fields:
balances.TransferWithMemo remains unchanged and is emitted only when the transfer_with_memo extrinsic is used.
This means:
Standard transfers emit only Transfertransfer_with_memo emits both Transfer and TransferWithMemoCompatibility Note for Current Runtime (v7.4)balances.TransferWithMemo was introduced in v7.4 specifically to provide forward compatibility with v8. Because v8 removes the identity and memo fields from the standard Transfer event, a dedicated event was introduced in advance so that memo-based POLYX deposit flows can continue to function across the upgrade.
TransferWithMemo is compatible with both v7.4 and v8. Exchanges that track memo-based POLYX deposits should switch to consuming TransferWithMemo.
Important:
In v7.4, TransferWithMemo is emitted only when transfer_with_memo is used
When it is emitted, Transfer is also emitted for the same extrinsicParse only one event stream per flow to avoid double countingNote on Deposit Address StrategySince v7.3, Polymesh no longer requires an account to have an associated Decentralised Identity (DID) in order to receive POLYX or participate in staking.
This has a direct practical implication for exchanges.
Prior to v7.3, every receiving address required a DID, which made unique per-user deposit addresses difficult to operate at scale. Memo-based deposits to a shared address were commonly used as a workaround.
With DID requirements removed for POLYX, exchanges can now allocate a unique on-chain deposit address per user, following the standard pattern used across most Polkadot SDK-based chains, without requiring each user to hold a DID.
Both deposit models remain fully supported:
Approach Event to parse Notes Memo-based deposits (shared address) balances.TransferWithMemo Memo identifies the user, available since v7.4, forward-compatible with v8 Unique deposit address per user balances.Transfer Standard pattern, no memo required Important: Since v7.3, receiving addresses are not required to have an associated DID to receive POLYX. Integrations should not enforce DID existence checks when validating withdrawal destinations, as this can lead to valid transfers being incorrectly rejected.
3) system.account Balance Data Layoutsystem.account.data moves from:
freereservedmiscFrozenfeeFrozento:
freereservedfrozenflagsAccount data is migrated in two stages.
At upgrade time:
miscFrozen and feeFrozen are replaced with a single single frozen value. flags is initialised to the same value as frozen. free and reserved remain unchanged.
After the account is next updated (for example, via transfer or staking):
reserved is recalculated to reflect upstream semantics, free is adjusted accordingly, and flags is updated to its full upstream format including version bits.
The v8 transferable balance formula below produces correct results for accounts in either state.
free is the account free balancereserved is protocol-reserved balancefrozen is the total locked or frozen amountED is the existential depositSince Polymesh uses ED = 0, this simplifies to:
transferable = free - max(0, frozen - reserved) In v8, an account’s total balance remains free + reserved. The reserved field now reflects protocol-reserved funds such as staked tokens, so reported free balances may differ from pre-v8 for accounts.
5) transfer_keep_alive vs transfer_allow_deathBoth calls are exposed for compatibility with standard Polkadot SDK balances tooling.
With ED = 0 and no account reaping at zero balance, their practical behavior is equivalent for exchange integrations.
Integration Guidance for ExchangesUse the following as your implementation baseline:
Support at least one of the four transfer methods for withdrawals (transfer_allow_death, transfer_keep_alive, transfer_all, or transfer_with_memo)Prefer supporting transfer_with_memo for outgoing transfers where counterparties require memosDo not require a DID for withdrawal destination addressesFor memo-based deposits, consume balances.TransferWithMemoFor address-based deposits, consume balances.TransferDo not parse both events for the same transfer flow in v7.4 or v8Treat the presence of a transfer event as the authoritative signal that value movedUpdate balance parsing logic to handle frozen and flagsUpdate available balance computation to the v8 formulaSummaryPolymesh runtime v8 standardises POLYX balance interfaces and event semantics around the upstream Polkadot SDK model, while preserving memo-capable transfers via TransferWithMemo.
Exchanges that adopt TransferWithMemo for memo-based flows and update balance and storage handling in advance will be well positioned for a smooth v8 transition.
Polymesh v8 přijde na Testnet 24. června 2026 a na mainnet 22. července 2026. Přidá self-registered DIDs, EVM chytré kontrakty a Confidential Assets na Testnet, kde budou dostupné k experimentování.
Polymesh v8 introduces self-registered DIDs, simplified asset transfers, expanded account-based ownership, EVM smart contract support, and Confidential Assets on Testnet.
The Polymesh v8 upgrade is approaching and will introduce some of the most significant changes to the network since launch.
We are currently targeting the following rollout schedule:
Testnet: 24 June 2026
Mainnet: 22 July 2026
Polymesh v8 focuses on simplifying onboarding, reducing transaction friction, expanding asset ownership models, and improving compatibility with broader blockchain tooling, while maintaining the flexibility required by regulated asset ecosystems.
This release also includes a substantial upgrade of the underlying blockchain framework and modules to Polkadot SDK version stable2603-2.
Taken together, these changes represent an important evolution of the platform. The release removes several sources of friction that have historically impacted users and developers while introducing new capabilities that expand how applications can be built on Polymesh.
Who Should Read This?This upgrade is particularly relevant for:
DevelopersIntegratorsInfrastructure OperatorsAsset IssuersWallet ProvidersAt a GlancePolymesh v8 introduces:
Self-registered DIDs, no CDD Claim requiredDID Registrars replacing CDD ProvidersReceiver affirmations become opt-inExpanded account-based ownership for assets and NFTsAsset allowances and delegated spendingEVM smart contract support via PolkaVM and ReviveGeneric Polkadot Ledger app supportConfidential Assets available on TestnetUpgrade to Polkadot SDK stable2603-2Infrastructure Releases Available NowNode binaries and Docker images for v8.0.0 are already available. Nodes can be upgraded ahead of the runtime upgrade, allowing infrastructure operators to begin preparation immediately.
Infrastructure operators are strongly encouraged to upgrade and begin testing as soon as possible.
Simpler Identity OnboardingOne of the biggest changes in v8 is a new approach to identity registration.
Historically, users joining Polymesh were required to obtain a DID through a CDD Provider, complete identity verification, and receive a CDD Claim before participating on the network. While this model established a trusted identity framework, it also introduced onboarding friction for users and developers.
In practice, asset issuers and applications still needed to perform their own onboarding and KYC processes to satisfy regulatory requirements. This often resulted in users completing multiple onboarding flows before they could begin using an application.
Polymesh v8 removes the requirement for CDD Claims and allows users to self-register DIDs directly on-chain.
CDD Providers are being migrated to a new DID Registrar model. Permissioned DID Registrars can continue to register identities on behalf of users, while users who do not require a registrar can create identities directly.
The result is a significantly simpler onboarding experience while retaining flexibility for institutions and applications that wish to manage identity registration workflows.
Simpler Asset TransfersAnother major change in v8 is the transfer affirmation model.
Historically, transfers required receiver affirmations by default, adding additional steps before assets could settle. While this helps prevent unwanted transfers, it also adds friction to the transfer flow.
In v8, receiver affirmations are disabled by default for all users.
Users can still require receiver affirmations when needed by enabling them, but the default experience is now significantly simpler and more closely aligned with user expectations from other blockchain ecosystems.
This reduces friction while preserving the ability to enforce additional controls when necessary.
Important: Applications that assume all transfers require receiver approval should review their transfer flows before the chain is upgraded.
Expanded Account Based Asset OwnershipPolymesh v7.4 introduced support for account based native asset balances as an alternative to traditional portfolio based ownership.
Polymesh v8 extends this model to support NFTs, introduces a new settlement.transferFunds method, removes the need to specify a DID in addition to an account address, and simplifies the account based settlement flow.
Identity owned portfolios remain fully supported and continue to be the preferred model for many institutional workflows where share control via secondary keys is required. However, developers can now choose between portfolio based and account based ownership models depending on their application requirements.
The Polymesh Portal has been updated accordingly, with the Portfolio page evolving into a Balances experience that supports both portfolios and accounts, and the Transfers page supporting account based transfers.
Asset Approvals and Delegated Spendingv8 introduces approval based allowances for key held assets.
This allows an account holder to authorize another account or smart contract to transfer assets on its behalf within defined limits. Without an allowance, only the account key holder can transfer assets associated with that key.
These delegated spending capabilities enable new application patterns and align Polymesh more closely with workflows commonly found across the broader blockchain ecosystem, such as ERC20 style tokens.
Allowances work in conjunction with the new settlement.transferFunds method.
EVM Smart Contract SupportPolymesh v8 introduces EVM compatibility through PolkaVM and the Revive pallet.
Developers can build Solidity based smart contracts while continuing to leverage Polymesh identity and asset infrastructure.
This opens the door to a broader range of developer tooling and application architectures while maintaining access to Polymesh specific functionality.
Hardware Wallet and Ledger Support UpdatesWith v8, Polymesh will also support the generic Polkadot Ledger application as well as the Polkadot Migration app, expanding hardware wallet compatibility across the ecosystem.
At Mainnet launch, the existing Polymesh Ledger application will be updated to a Polymesh branded version of the generic Polkadot app, while continuing to use the Polymesh specific key derivation path to ensure compatibility with existing accounts.
The Polymesh wallet extension has already been updated to support all three wallet options.
These generic Ledger applications use a metadata hash based approach, enabling support for clear signing of current and future transaction types without requiring frequent application updates as the runtime evolves.
Confidential Assets on TestnetPolymesh v8 also introduces Confidential Assets, as previously previewed on Devnet, to Testnet.
This functionality enables counterparty privacy, asset confidentiality, and balance confidentiality while maintaining the compliance and auditability requirements expected of regulated assets.
Confidential Assets will be available for experimentation and feedback on Testnet but will remain disabled on Mainnet while additional development, testing, and auditing activities continue.
This Testnet release allows developers and ecosystem participants to begin exploring the functionality and providing feedback ahead of a future Mainnet activation.
Look out for more information on Polymesh Confidential Assets in the coming weeks.
Required Software VersionsDevelopers and integrators should begin preparing to upgrade to:
Polymesh v8.0.0polymesh-sdk v30.0.0polymesh-types v7.4.0polymesh-subquery v19.6.0polymesh-rest-api v8.1.0-alpha.1 or newerThe SDK release is compatible with both the current network and v8, allowing applications to begin preparing before the upgrade.
What Happens Next?In the coming days and weeks we will publish:
Migration guidanceUpdated documentationInfrastructure upgrade guidanceUpdated Confidential Assets documentationWe encourage all developers, integrators, infrastructure operators, and ecosystem participants to begin testing against Testnet as soon as it becomes available.
If you have any questions, please reach out via Discord or our support channels.
Thank you to everyone who has contributed feedback, testing, and development throughout the v8 cycle.
We look forward to seeing what the community builds with Polymesh v8.
Hyperliquid ETF zaznamenal rekordní denní čistý příliv 25,5 milionu USD a za prvních sedm obchodních dnů přilákal celkem 54 milionů USD. Institucionální toky do HYPE ETF podle Presto Research zatím v poměru k tržní kapitalizaci překonávají tempo Bitcoin ETF.
May 21. On May 20, the U.S. Spot Hyperliquid ETF notched $25.5 million in net inflows—its largest single-day haul since launch. In the days leading up to that date, the ETF had posted net inflows of $4.4 million on Monday and $11 million on Tuesday. Data shows the 21Shares Hyperliquid ETF (THYP), which launched on May 12, brought in $16.7 million in net inflows that same day—up from the $5.3 million it saw the prior day. The Bitwise Hyperliquid ETF (BHYP), launched on May 14, took in $8.8 million, a jump from the $5.7 million it recorded the day before. Over its first seven trading days, the entire category has pulled in a total net inflow of $54 million. Peter Chung, research director at Presto Research, noted that when adjusted for market capitalization, institutional flows into the HYPE ETF have outpaced the speed of inflows into Bitcoin ETFs so far this year. Dominick John, an analyst at Zeus Research, added that these inflows signal investors are capitalizing on entry points tied to the infrastructure narrative, while recognizing the asset’s transparent, usage-driven revenue model. Fueling this momentum, HYPE’s token price surged 17.3% in the past 24 hours to $55.91, with a current market cap of roughly $13.4 billion. The token previously hit an all-time high of around $59.3 in September 2025. Per CoinGecko data, HYPE’s fully diluted valuation briefly reached about $54.7 billion, momentarily surpassing Solana’s $54.2 billion valuation at the time. Tim Sun, a senior researcher at HashKey Group, believes the sustained inflows into the HYPE ETF show the market is forming a new consensus: decentralized trading platforms are starting to be integrated into broader overhauls of financial infrastructure. Jeff Ko, chief analyst at CoinEx, pointed out that HYPE and its related ETFs have structural investment logic distinct from Bitcoin and Ethereum. He explained: Bitcoin acts as a non-yielding store of value; Ethereum centers on staking rewards; HYPE, meanwhile, operates more like equity in a cash-flow-generating trading platform—since the protocol uses most of its fees for open-market token buybacks, giving investors a more familiar valuation framework to work with. On-chain metrics confirm Hyperliquid has become a dominant player in on-chain perpetual contract and derivative trading. So far this week, the network has captured approximately 42% of total blockchain fees, outperforming Tron (22.6%), Solana (10.6%), and Ethereum (8%) in that key metric.
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WSJ uvádí, že íránské subjekty od roku 2019 přes CoinEx přesunuly 3,84 miliardy USD, aby obešly americké sankce. Toky vedly z peněženek napojených na íránskou centrální banku a Nobitex.
The Wall Street Journal reported that Iranian entities have funneled $3.84 billion through crypto exchange CoinEx since 2019, using the platform as a pressure valve to circumvent US sanctions. The findings, based on analysis by blockchain intelligence firm TRM Labs, trace funds back to wallets linked to Iran’s Central Bank and the domestic exchange Nobitex.
How the money moved According to the WSJ report, funds from Iran’s Central Bank wallets, including USDT stablecoins, moved through various intermediary routes before landing on CoinEx. Nobitex, Iran’s largest domestic crypto exchange, served as the on-ramp. CoinEx became the off-ramp to global markets. At peak volume, transactions between the two platforms hit $763 million in a single year.
By 2024, CoinEx had become Nobitex’s largest foreign counterparty. That distinction previously belonged to Binance, the world’s biggest crypto exchange, which pulled back after implementing stricter sanctions compliance controls.
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CoinEx was founded in 2017 by Haipo Yang and operates out of the Seychelles. The exchange has since said it is implementing new Know Your Customer measures and restricting access for Iran-based users.
The sanctions backdrop On June 2, 2026, US authorities sanctioned Nobitex, citing connections to entities including the Islamic Revolutionary Guard Corps (IRGC). Over 60 Iranian entities are linked to the crypto flows detected by TRM Labs.
The $3.84 billion figure identified by TRM Labs likely represents only the transactions that could be traced through on-chain analysis. The actual volume of Iranian funds moving through global crypto markets could be substantially higher, given the use of privacy tools, chain-hopping, and peer-to-peer transactions that don’t touch centralized exchanges at all.
What this means for investors CoinEx’s announcement that it’s now tightening KYC and restricting Iranian users is a reactive move, not a proactive one. The exchange processed billions in suspect transactions over roughly seven years before announcing compliance improvements.
Exchanges that invest heavily in compliance, including Coinbase, Kraken, and Binance post-settlement, gain a structural advantage every time a rival gets caught facilitating illicit flows. Traders and investors should weight their platform choices accordingly, because the exchange you use is itself a risk factor.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bithumb zařadí KRW páry pro BOB a OriginTrail (TRAC) a od spuštění do 5. prosince 17:00 zruší obchodní poplatky. Počáteční ceny jsou 16,90 KRW u BOB a 738 KRW u TRAC.
South Korea-based cryptocurrency exchange Bithumb announced that it will list KRW trading pairs for two new crypto assets, BOB and OriginTrail (TRAC).
Bithumb Announces Listing of KRW Trading Pairs for BOB and OriginTrail (TRAC) The exchange aims to increase user interest by announcing that trading fees for both assets will be free for a certain period of time.
According to the exchange's statement, the KRW parity for BOB (Build on Bitcoin) will open at 15:00 on Wednesday, December 3, 2025, and the KRW parity for TRAC will open at 17:00 on the same day.
Deposits and withdrawals for both assets will be available within three hours of the announcement. The starting price for BOB is 16.90 KRW, while for TRAC, it is 738 KRW.
Bithumb will zero transaction fees for both assets from the trading opening on December 3, 2025, until 5:00 PM on December 5. However, it was stated that transactions made during the free trading period will not earn trading points or maker rewards, and unrewarded or suspicious transaction volumes will not be included in the Black Premium benefit calculations.
BOB stands out as a hybrid Layer-2 solution that combines the security of Bitcoin with the scalability of Ethereum. Its OP Stack-based EVM compatibility allows developers to leverage Bitcoin security while using Ethereum tools. The BOB token is used for staking, governance, and network incentives.
OriginTrail, a project that aims to create reliable data connections between blockchain and AI using distributed knowledge graph (DKG) technology. The TRAC token is the underlying asset used for intra-network transactions, fees, and staking.
*This is not investment advice.
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Getting listed on Upbit is the crypto equivalent of landing a shelf at Costco. The volume is enormous, the audience is hungry, and things tend to move fast. OriginTrail’s TRAC token is about to get that shelf space.
South Korea’s dominant digital-asset exchange will begin supporting TRAC trading across KRW, BTC, and USDT markets on May 18, 2026. For a token built around supply chain data integrity and decentralized knowledge infrastructure, this is arguably the biggest distribution event in its history.
Why Upbit listings matter more than most Upbit consistently leads South Korean trading volume, and the Korean won (KRW) market is one of the most active retail trading environments on the planet. When a token gets a KRW pair on Upbit, it’s suddenly accessible to millions of traders who have historically shown an appetite for moving fast and moving big.
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Previous Upbit listings of data and AI-adjacent tokens have resulted in sharp short-term price movements and surges in trading volume. When Bittensor’s TAO was listed on the exchange, its price surged to $189.23 shortly after, reflecting the kind of aggressive local demand that makes Upbit listings a marquee event in token economics.
The fact that TRAC is getting three trading pairs, not just one, signals a level of commitment from the exchange. KRW gives it the retail firehose. BTC provides the trading pair for more traditional crypto-native users. USDT rounds it out for stablecoin-denominated traders.
What OriginTrail actually does OriginTrail has been around since 2018, which in crypto years makes it practically ancient. The project operates what it calls the Decentralized Knowledge Graph, a system designed to organize, verify, and make discoverable trusted data across supply chains and enterprise networks. TRAC serves as the utility token for staking and data publishing within that system.
Upbit has been gravitating toward projects with ties to data and artificial intelligence, two themes that have been dominating Korean retail interest. TRAC fits neatly into that category without being a pure AI play, which gives it a slightly differentiated profile compared to the wave of AI tokens that have flooded the market.
What this means for investors Getting listed on Upbit with three trading pairs dramatically improves pricing efficiency. Tighter spreads, deeper order books, and better arbitrage opportunities across global exchanges are all natural consequences. Before this listing, Korean traders who wanted exposure to TRAC had to go through international exchanges or more circuitous routes.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Updated May 9, 2023, 4:08 a.m. Published Feb 16, 2023, 6:07 p.m.
2 min read
Mika Honkasalo, founder of Access Protocol (Danny Nelson/CoinDesk)Play-to-earn, step-to-earn and now … read-to-earn?
A crypto-fueled experiment in digital media monetization is underway after Access Protocol airdropped tranches of its ACS token to early adopters of the Solana-based content subscription service.
On Wednesday, Access Protocol airdropped 20,000 ACS tokens apiece to members of a sign-up list. Holders can “stake” their ACS with content platforms like CoinGecko and The Block to gain access to paywalled and specialty content.
With the public token airdrop now over, traders have stepped in to juice the value of ACS over 300% since launch, according to CoinGecko, which conducted the distribution. It’s trading around 2 cents with a circulating market cap of $620 million. CoinGecko data shows nearly a third of ACS tokens have been unlocked thus far.
The early airdrops accounted for just 2% of the token’s initial allocation, according to a version of the pitch deck viewed by CoinDesk. Access Protocol has allocated 15% of the token supply towards the project’s team and foundation, 15% towards the project’s treasury and 68% towards “onboarding creators and their existing audiences.”
The pitch deck also revealed the token’s “annual inflation rate of 7% in perpetuity split 50/50 between creators and stakers.” Additionally, creators are encouraged to airdrop their tokens to readers in the hopes that readers will stake the ACS to view their content, thereby generating staking revenue for both the content creators and the consumers.
At press time, CoinGecko was in the lead as Access Protocol’s most popular staking spot, with over 530 million ACS locked.
The pitch materials also highlighted that crypto news outlet The Block (a CoinDesk competitor) would put 20% of their content behind the Access Paywall, while Wu Blockchain (a well-known Twitter account) would publish content on a “Access” Substack product. The news outlets partnering with Access Protocol also received a distribution of ACS tokens, according to people familiar with the matter.
A bevy of exchanges lined up to list ACS at launch including Coinbase. In a tweet, Product Manager Rishi Prasad said ACS is the first Solana-based token that Coinbase listed on its launch day – one sign of the exchange's openness to play ball with the new asset.
However, Access Protocol is reminiscent of past crypto projects that incentivized users to earn tokens by engaging in activities like gaming (play-to-earn) or walking (step-to-earn). While those projects initially saw the value of their tokens soar, those gains proved to be short-lived as inflationary tokenomics failed to support the price pumps. Access advised content creators to “gamify your pool with publicly viewable leaderboards” and “incentivize your loyal supporters through unique offerings (e.g., NFTs).”
Access Protocol’s Mika Honkasalo, who now runs the project’s foundation, did not respond to a request for comment.
Access Protocol spustil Creator Coins na Solaně a ACX po oznámení vyskočil o více než 100 %. Objem obchodů za 24 hodin vzrostl o 10 909 % na 95 milionů USD.
Access Protocol’s ACX token surged after unveiling Creator Coins on Solana, a new monetization model for digital creators.
Summary
Access Protocol launched Creator Coins on Solana, powered by Proof of Audience and Raydium Launchlab. ACX surged over 100% intraday, with volume spiking 10,909%. Creator Coins reward early supporters and provide creators with sustainable revenue models. Creator Coins operate like memecoins but are directly tied to individual creators, offering a tokenized way to align incentives between communities and the talent they follow.
The announcement was made on Aug. 25, 2025, in a post on X and an official press release by Access Protocol (ACX).
Unique Proof of Audience Model Unlike speculative launches with no built-in demand, Access has embedded a Proof of Audience system that sets milestones before any coin can go live. These milestones ensure creators show genuine traction.
They include a minimum number of stakers, pool scores, and staking thresholds. Once those conditions are satisfied, token allocations are given to supporters, and creators receive their share, which is vested over a two-year period.
The goal of this strategy is to balance community benefits with long-term creator income. Tokens are tradeable from day one, while Access has also layered in a Creator Token Incentive Program that sends millions of ACS tokens to creators, stakers, and traders every month.
The launch is supported by Raydium’s (RAY) Launchlab on Solana (SOL), ensuring liquidity and tradability from day one. Creator tokens distribute 10% of the supply to early supporters, while creators receive 20% vested over two years.
Market reaction and ecosystem impact Following the news, ACX price rallied more than 100%, climbing from roughly $0.00108 to a high of $0.00223 before retracing. As of this writing, ACX is still up 16% for the day and has shown comparable gains throughout the week.
Additionally, trading activity increased significantly. In the last 24 hours, the daily volume increased by 10,909% to $95 million, indicating a renewed interest in the Access Protocol ecosystem.
The market’s reaction shows a high level of interest in both ACX and the larger Creator Coin concept. Access is establishing itself as a competitor to subscription-based platforms such as Patreon by linking token utility to creators and their audiences, while also capitalizing on the trading culture that has propelled Solana’s expansion.
The world’s largest crypto exchange Binance on Wednesday said it will delist additional spot trading pairs citing multiple factors. After recently naming some key spot and margin crypto pairs in the delisting and ceasing strategy, the crypto exchange has now announced a plan to delist Internet Computer and Maverick Protocol.
Notably, CME and CF Benchmarks recently announced the launch of new reference rates and real-time indices for Internet Computer (ICP) and Ripple’s XRP.
Binance to Delist ICP and MAV Spot Pairs Internet Computer (ICP) and Maverick Protocol spot trading pairs against BNB and TUSD will be delisted by Binance, according to an announcement. The crypto exchange will remove and cease trading of ICP/BNB and MAV/TUSD spot trading pairs on July 19 at 03:00 UTC.
Moreover, Binance will also terminate spot trading bots services for the aforementioned spot trading pairs. The exchange strongly recommends users to update or cancel their spot trading bots before the cessation of services to avoid potential losses.
“To protect users and maintain a high-quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume, said Binance.
As CoinGape reported, Binance delisting BTC/TUSD and TUSD/USDT spot trading pairs next week as the exchange gradually withdrew support for TUSD stablecoin amid multiple concerns. However, the crypto exchange has rolled out initiatives to boost crypto market liquidity and trading experience for its users.
The exchange has also announced an event for Shiba Inu and Dogecoin, offering crypto participants massive rewards. The Battle of The Meme Dogs ends July 29.
Battle of the meme: Doge vs Shiba Inu
Join the Memecoin Duel to share $100,000 in token vouchers!
Find out more ⤵️https://t.co/AKjz84IMjh pic.twitter.com/JgDxykRhLd
— Binance (@binance) July 16, 2024
Also Read: Crypto Market Reacts To Trump’s Plan Of Making JPMorgan CEO Treasury Secretary
ICP and MAV Price Action ICP price pared some gains after the announcement, with the price currently trading at $10.12. Internet Computer (ICP) jumped 8% over the last day, with the 24-hour low and high of $9.34 and $10.29, respectively. Furthermore, the trading volume has decreased slightly as traders look to book profits.
ICP futures open interest jumped 4% in the past 24 hours, as per Coinglass. Massive buying activity was seen on CoinEx and Bybit, with 70% and 7% increase in the last 24 hours.
Source: Coinglass Meanwhile, MAV price soared 8% in the past 24 hours, with the price currently trading at $0.2304. The trading volume has increased by just 3% in the past 24 hours.
Also Read: Binance Responds to Bloomberg’s Apology For False Accusations On Exchange & CZ
Nym Technologies vstoupila do Liquid Federation a stala se jedním z 15 funkčních uzlů Liquid Network. Cílem je posílit soukromí a bezpečnost bitcoinové vrstvy 2, včetně integrace Liquid do Nym mixnetu.
Web3 privacy-focused infrastructure provider Nym Technologies has joined Liquid Federation to support the growing Bitcoin layer-2 ecosystem, according to an April 18 statement shared with CryptoSlate.
The Liquid Federation is a group of crypto-native organizations, including exchanges, trading desks, and developers, that perform vital tasks for the premier Bitcoin sidechain, Liquid Network.
‘Enhancing privacy'As part of its engagement, Nym Technologies assumes a crucial role as one of the 15 dispersed functionary node operators for Liquid Network.
These specialized nodes, housed in tamper-proof Hardware Security Modules (HSMs), are crucial in managing the Liquid Network's core infrastructure and transactions. This includes proposing and signing blocks, overseeing the two-way Bitcoin peg, and safeguarding the network's BTC reserves through a distributed multi-signature wallet.
Meanwhile, the collaboration between Nym, the Liquid Federation, and Blockstream, the Liquid's technical provider, signifies the first step towards a broader vision.
As per the official statement, the partnership aims to integrate Liquid functionality into the Nym mixnet, bolstering transaction confidentiality during transit and elevating privacy standards for Bitcoin layer-2 users.
Nym's mixnet is a foundational privacy infrastructure at layer-0, adaptable to any blockchain and adept at concealing traffic, fortifying privacy, and enhancing security for users and validators alike.
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Dr. Adam Back, CEO and co-founder of Blockstream, said:
“Liquid's Confidential Transactions, which rely on homomorphic encryption, are designed to keep transaction details confidential while protecting the network's integrity and security. Nym's decision to become a Liquid functionary underscores our shared commitment to enhancing privacy within the Bitcoin layer-2 ecosystem”
Harry Halpin, CEO of Nym Technologies, expressed excitement about Nym's closer collaboration with Liquid and Blockstream following years of diligent development.
Notably, the partnership coincides with the impending fourth Bitcoin halving event, which would reduce block rewards to 3.25 BTC.
Nym se spojil s Aleo a Leo Wallet v rámci strategického partnerství, aby rozšířily digitální soukromí prostřednictvím mixnetu a technologie zero-knowledge. Uživatelé Aleo i Leo Wallet získají v rané fázi alfa testování přístup k NymVPN.
Nym, a pioneering privacy-centric mixnet protocol, is joining forces with Aleo, a top-tier privacy-focused blockchain platform, in a strategic alliance backed by Leo Wallet. Leo Wallet, a renowned cryptocurrency wallet native to the Aleo network, is a trusted name in secure wallet infrastructure. The newly formed collaboration harnesses Aleo’s zero-knowledge Layer-1 blockchain technology and combines it with Nym’s Layer-0 mixnet protocol.
Aleo’s blockchain empowers developers to create scalable, full-stack applications with built-in security features. By integrating Nym’s mixnet and NymVPN’s decentralized privacy solutions, users will benefit from enhanced privacy and security across their online interactions, encompassing both TCP/IP communications and on-chain transactions.
Central to this partnership, Leo Wallet will act as a crucial integration layer. It will enable users to easily opt into mixnet privacy through a simple toggle switch within its user interface. Leo Wallet’s integration will streamline the connection to the Nym mixnet, facilitating a smoother interaction between the Aleo blockchain and Nym’s mixnet. The integration will occur in two phases, beginning with a co-marketing stage where Leo users can test NymVPN, followed by full integration.
A Synergistic Approach to Privacy and Security As part of this collaboration, both Aleo and Leo Wallet users will enjoy early access to the upcoming NymVPN during its alpha testing phase, slated for release early next month. NymVPN offers users a choice between 2-hop dVPN and 5-hop mixnet modes, allowing them to tailor their online transactions and communications for optimal privacy and security.
Harry Halpin, Nym’s co-founder and CEO, expressed his enthusiasm about the partnership, stating, “We are thrilled to collaborate with Aleo and Leo Wallet to advance the cause of digital privacy and empower users with cutting-edge privacy solutions. This partnership underscores our shared commitment to creating a safer, more private online environment for individuals worldwide.”
Aleo’s blockchain platform, which prioritizes scalability, transparency, and confidentiality, perfectly complements Nym VPN’s decentralized privacy solutions. Together, the alliance aims to establish new benchmarks for digital privacy and security.
Alex Pruden, Executive Director of the Aleo Network Foundation, emphasized the significance of the partnership, saying, “We believe that privacy is a fundamental human right, and our partnership with Nym Technologies reaffirms our commitment to protecting user privacy. Combining our zero-knowledge technology with Nym’s mixnet will help to empower individuals with the tools they need to reclaim their digital sovereignty and safeguard their personal data.”
The union of Nym, Aleo, and Leo Wallet represents a pivotal moment in the quest for digital privacy and autonomy. These three companies, with their combined expertise, are set to redefine privacy standards across the digital landscape, empowering users to take control of their online security like never before.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Nym Technologies spustila veřejnou beta verzi NymVPN, kterou označuje za „nejprivátnější VPN na světě“. Služba používá zero-knowledge registraci a přidává síťový „noise“ proti deanonymizaci.
Nym Technologies, the company behind privacy protocol Nym, is now a step closer to launching NymVPN, which it claims will be the "world's most private VPN."
Nym touts NymVPN's anonymous zero-knowledge proof registration feature—which means not even the app will know who's using it. It's also introducing extra noise at the network level in an effort to combat AI's ability to detect patterns and deanonymize traffic.
It's been a long road to reach the beta phase, said CEO Harry Halpin.
"We are proud to launch NymVPN for public beta testing at Web3 Summit where we first took Nym out of stealth mode in 2019," he said in a release. Halpin gave a demo of the NymVPN at the Web3 Summit on Wednesday morning in Berlin.
Nym was founded in 2017 and has raised more than $100 million from the likes of Andreessen Horowitz, Digital Currency Group, Polychain Capital, Tayssir Capital, and 1kx. It's best known for its mixnet, which uses network nodes to shuffle and recombine details linked to packets of data.
With NymVPN in its open beta phase, anyone can now register to test it. The VPN offers "genuine unlinkability and privacy that wan withstand AI-driven pattern recognition," the company said.
The antidote to AI, which has supercharged the technical ability to de-anonymize metadata, is noise. Nym says its VPN is the first of its kind to generate extra noise as "cover traffic" to help obscure which users are talking to one another.
It's not unlike how Nym's mixnet works, which disaggregates pieces of metadata, like a person’s IP address or the recipient of a message, and mixes it with other metadata. The resulting packets of encrypted data combine the IP addresses, time, date, and location of many different people’s metadata.
The mixnet is most effective when many node operators participate, breaking apart and remixing packets of metadata. Otherwise it’s like trying to hide in a crowd of only a couple of people. But generating noise at the network level bypasses the problem of needing to scale before there's enough activity to keep all users private.
"The result is a “noisy” communication pattern, effectively preventing network observers from determining who is speaking to whom," Nym said.
Nym is also promising that its VPN won't know who's using it because of its zero-knowledge proof registration. Its zk-nyms will allow users to verify and manage their accounts without ever having to reveal their identity.
"This technology ensures that even the platform itself has no knowledge of who is using the service," according to Nym.
And rather than choosing to sacrifice speed for increased anonymity or vice versa, Nym said its VPN puts that decision in the hands of its users. The VPN's fast mode will obscure the user's IP address and route the traffic through two independent servers.
But the anonymous mode will route traffic through five servers, add "noise," and use novel onion encryption—similar to the technology used by The Onion Router (TOR). "This mode offers unparalleled privacy by making it extremely difficult for any observer to trace your online activities. It is optimal for highly sensitive traffic which is latency insensitive," the company said.
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Nym oznámil partnerství s Celestií, v jehož rámci vytvoří modul U-DAS pro anonymní Data Availability Sampling. Cílem je omezit exploity selektivního zveřejňování a posílit škálovatelnost i integritu sítě.
Nym, a top routing platform for Web3, has announced its latest partnership with Celestia, a modular blockchain using Data Availability Sampling. The partnership targets to advance the scalability and integrity of the modular blockchains with the integration of “noise obfuscation”. This will benefit the data availability modules of Celestia through Nym Network. The platform took to social media to reveal this endeavor.
Nym Collaborates with Celestia to Enhance Blockchain Scalability Nym mentioned that collaboration with Celestia focuses on utilizing “noise obfuscation” feature for Celestia. In this respect, the data availability modules of Celstia can leverage this functionality through Nym. Celestia reportedly permits anyone to develop their separate blockchain with the use of its exclusive modular structure. It offers a matchless flexibility and scalability.
The platform has also created a L0 network for secure routing via the “Noise Generating Mixnet” project. Nym’s NGM can offer an anonymization layer to enable data retrieval, consensus, and queries. This reportedly ensures that the querying entity stays uncensored. In addition to this, any wallet, application, or blockchain can integrate Nym to secure traffic in transfer.
Celestia mainly endeavors to enhance blockchain scaling while retaining the chain security. For the improvement of its DAS’s integrity, Celestia has reportedly outlined a unique security improvement. This enables it to prevent a likely selective disclosure exploit. This could take place when the verification procedure gets manipulated by a malicious node.
In such a case, the node selectively replies to the given queries while holding back the block data. Though this hazard is at current theoretical, protecting DAS in each situation is required as Celestia chains perform efficient scaling.
Leveraging U-DAS Module to Prevent Selective Disclosure Exploits Aiming at Requesters According to Nym, its partnership with Celestia reflects a crucial landmark in the venture toward improving the blockchain security and scalability. As included in this development, Nym will create an Unlinkable Data Availability Sampling module. This will unlink the request from the requesting party through the Nym NGM. This will prevent selective disclosure exploits targeting requesters. Hence, with the latest U-DAS module, Celestia’s network participants will get the capability to sample as well as verify the sections of the data. They can do this without lacking chain integrity.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Nym spustil zero-knowledge platební systém pro NymVPN a trvalý program zpětného odkupu NYM. Platby ve fiat měnách i Bitcoinu se budou převádět do nákupů NYM.
Privacy-centric firm Nym, backed by a16z and other investors, has launched its zero-knowledge powered payment system and introduced a perpetual token buyback model.
The decentralized technology provider’s DePIN payments system and token buyback are now live for public testing. Specifically, NymVPN, first introduced in November 2023, will launch commercially on March 13, 2025.
Ahead of the public rollout, users will have the opportunity to battle-test the payment mechanism,, the NymVPN team said in an announcement.
When it goes live, subscribers will be able to pay in fiat such as euros and dollars, or in Bitcoin (BTC). The project also supports payments with the native NYM token. Nym will convert all fiat and crypto payments for NymVPN subscription to the native token NYM, with the perpetual buyback set to create a “flywheel” reflecting market demand.
“The launch of NYM activated the supply-side of privacy and created a network of over a thousand nodes. Today we are activating the demand side, allowing ordinary users to pay in fiat and Bitcoin for NymVPN. Their payment is then converted to NYM token buy-orders to keep the network running,” the Nym CEO added.
With global need for privacy solutions and VPN adoption on the rise amid increased security and censorship, Nym’s layer-0 network offers both the anonymity and safety users need. Meanwhile, buyback means subscriptions will help create consistent buy pressure for the NYM token.
NYM, which launched in 2022, is a token designed to reward the Nym ecosystem’s mixnet node operators. According to Harry Halpin, chief executive officer of Nym, the token is key to the project’s goal of delivering a privacy-focused decentralized network.
The launch of the DePIN payment system and the NYM token repurchases brings the project’s crypto-economics “full circle.” It allows NYM’s use in tokenization and in rewards, providing further incentive for the community.
“Just like everyone should enjoy clean water and electricity, people deserve secure and private communication,” Jaya Brekke, chief strategy officer at Nym, said. “This is not speculative, but a growing real world need. And with the launch of the perpetual buyback mechanism, the token can shift out of a speculative promise to instead signal such real world demand.”
Dash byl integrován jako platební možnost pro NymVPN, takže uživatelé mohou za své soukromí platit soukromě. Společnosti zdůrazňují rychlé, levné a vůči cenzuře odolné transakce.
Dash, the digital-cash network that began life as Darkcoin, has been integrated as a payment option for NymVPN. It is a move that stitches together two long-standing projects in the privacy space and gives users a way to “pay for privacy with privacy.”
The integration lets NymVPN subscribers pay using Dash, which the companies say delivers fast, low-cost and censorship-resistant transactions. NymVPN, endorsed publicly by Edward Snowden, offers a two-tier service: a “Fast” WireGuard-based 2-hop VPN for everyday browsing and streaming, and an “Anonymous” 5-hop mixnet mode designed to protect metadata from sophisticated surveillance, including AI-driven analysis.
“By integrating Dash, we’re giving our users the ability to pay for privacy with privacy,” said Joël Valenzuela, core member of Dash DAO. “This partnership bridges a crucial gap in the privacy tech stack: you can now keep your identity safe when connecting to the internet and when paying for that protection.”
Why it Matters One of the thorniest problems in online privacy is that buying privacy services often leaves a payment trail. Traditional payment rails expose names, billing addresses and other identifiers; many public blockchain payments also create transaction histories that can be analyzed or correlated. The Dash–Nym tie-up aims to close that gap by combining Dash’s optional privacy features and instant settlement with Nym’s metadata-resistant network.
“This collaboration with Dash strengthens our mission to offer privacy across different kinds of financial transactions,” said Nym’s CEO, Harry Halpin. “With Dash payments that offer a degree of privacy beyond most cryptocurrencies, our users can access NymVPN’s metadata-resistant mixnet, further shielding their transactions from mass surveillance.”
Dash is built for speed and low fees, attributes that make it practical for subscription payments. Launched in 2014 as Darkcoin, it was among the early cryptocurrencies to pioneer protocol-level privacy options and remains one of the few privacy-capable coins listed on major exchanges. Nym’s offering, by contrast, focuses on network-level protections: its mixnet adds hops and covers traffic to obscure who is talking to whom, and, the company says, to blunt the kind of large-scale metadata analysis increasingly powered by machine learning.
Taken together, Dash handles the payment leg without revealing identifiable financial rails, while NymVPN masks the communications leg. That combination, both projects argue, creates a fuller privacy posture for users who want to avoid leaving an identifiable trail either when they connect to the internet or when they pay for the protection.
A Blueprint, Not Just a Feature Beyond the immediate convenience of a new payment option, Dash and Nym frame the integration as a broader blueprint for privacy tooling. Secure communications and private transactions are working together rather than in isolation. While payment censorship and surveillance pressures grow, the partnership points to interoperable privacy primitives as a practical defense.
The integration also marks a homecoming of sorts for Dash: a return to the currency’s privacy roots while emphasizing usability and low-cost everyday payments. These are the attributes the project says make Dash suitable both for ordinary purchases and for privacy-critical use cases.
NymVPN users will now see Dash among the available subscription payment methods. The companies highlight the attributes that make Dash attractive for this role: near-instant finality, low transaction costs, and optional privacy features that reduce the amount of traceable payment data.
NymVPN subscribers, meanwhile, can choose the mode that best fits their needs: the speedy WireGuard option for regular use, or the 5-hop mixnet for situations requiring stronger metadata protection. Overall, the Dash-Nym partnership is being pitched as a practical, consumer-facing answer: bringing together private payments and private communications into a single, seamless experience.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
CLARITY Act je na legislativním kalendáři Senátu a plné hlasování v Senátu může přijít kdykoli. Pokud projde, XRP získá trvalý federální status komodity.
Quick Answer: XRP is trading at $1.17 on June 18, 2026, down 2.52% as the post-FOMC selloff continues. The defining XRP news this week is legislative: the CLARITY Act cleared the Senate Banking Committee 15-9 in May and has been placed on the Senate floor legislative calendar on June 1 — meaning a full Senate vote can happen at any time. Polymarket prices 2026 passage at 72%. If the bill passes before the July 4 target set by the White House, XRP’s digital commodity status becomes permanent federal law — a classification that no future administration can reverse with a memo. Standard Chartered and JPMorgan both project $4–8 billion in XRP ETF inflows under that scenario, three to six times the $1.44 billion accumulated to date. XRP exchange reserves have fallen to a 7-year low of 1.6 billion tokens. Whale wallets holding 10M+ XRP now control 68.5% of circulating supply — the highest concentration since May 2018.
Key Takeaways
CLARITY Act is on the Senate floor legislative calendar — a full Senate vote can now happen at any time, with the White House targeting July 4 signing The bill cleared Senate Banking Committee 15-9 in May, with all 13 Republicans voting yes after Sen. John Kennedy committed his support — the bipartisan vote was cleaner than feared XRP exchange reserves at a 7-year low of 1.6 billion tokens — 50% below the October 2025 peak of 3.76 billion, compressing available sell-side liquidity to multi-year lows RLUSD reached $1.7B market cap, ranking as the 8th-largest stablecoin globally — Mastercard added RLUSD to its 24/7 settlement network on June 3; Ripple is pursuing a Federal Reserve master account Post-FOMC pressure is the dominant short-term headwind: hawkish dot plot (9 Fed members projecting hike) outweighs XRP-specific positives in the near term — but the structural setup has rarely been this clean XRP Price Today: $1.17, Absorbing FOMC Hawkishness XRP is at $1.17 on June 18, down 2.52% with a market cap of $73.02 billion and 24-hour volume of $1.91 billion — up 14%. Of the 100 billion maximum supply, 62.05 billion circulate across 535,830 holders. Fully diluted valuation is $117.68 billion.
Today’s move is entirely macro-driven. Yesterday’s FOMC dot plot — 9 of 18 members projecting a rate hike by year-end, PCE revised to 3.6% — reset rate expectations across all risk assets. XRP is not immune to that. But what separates XRP from most assets in the current environment is the independence of its primary catalyst: the CLARITY Act moves on legislative, not monetary, logic.
The SEC case against Ripple concluded in August 2025 with a joint dismissal of appeals, confirming XRP is not a security when sold on public exchanges. Ripple paid a reduced $50 million penalty with $75 million returned as part of the settlement. Both the SEC and CFTC currently view XRP as a digital commodity, but that classification has not been written into law. An executive agency classification can be reversed by the next administration with a memo. A statute cannot. The CLARITY Act changes that permanently.
Key levels:
Resistance: $1.20 (psychological), then $1.28–$1.30 (June 15 high) Support: $1.10 (critical), then $1.00 (psychological floor) The CLARITY Act: Where It Stands Right Now The CLARITY Act was officially added to the Senate legislative calendar on June 1, after clearing the Senate Banking Committee. The next step is a full Senate vote, after which it will be sent to President Trump for signing.
The CLARITY Act passed the House 294 to 134 and cleared the Senate Banking Committee 15 to 9. The Senate floor vote is the decisive gate. The bill needs 60 votes to clear the filibuster — meaning at least 7 Democrats must cross over. The committee vote passed 15-9 with some bipartisan support, which is the baseline Democrats need to replicate on the floor.
Why 60 votes matters: The Senate has 53 Republicans. A 60-vote threshold requires 7 Democrats. The senators to watch are Warner and Cortez Masto — those votes are the hardest part of getting to 60. The Reed stablecoin amendment that nearly derailed the committee markup was defeated, keeping the bipartisan compromise language intact — a positive signal for floor vote prospects.
Prediction markets have priced 2026 signing odds around 72%. The White House has set a July 4 signing target. Senate floor time between now and July 4 is limited — the bill needs to be scheduled and voted before the Independence Day recess.
What passage does for XRP specifically: A clear commodity classification removes listing hesitancy. Exchanges that stayed cautious during the legal fight could deepen XRP support, tightening spreads and improving liquidity. Institutions need regulatory certainty before allocating. Clear rules strengthen the case for more XRP ETF products and larger inflows, building on the spot ETFs already live.
The Supply Story: Exchange Reserves at 7-Year Lows XRP exchange reserves fell to a 7-year low of 1.6 billion tokens this year, a 50% drop from October 2025’s 3.76 billion peak, compressing sell-side liquidity to multi-year lows.
This is one of the most consequential structural developments for XRP’s price setup. When exchange reserves fall this sharply, the coins leaving exchanges are going to private custody — not being sold. The implication: the supply available for large sell orders on exchanges is structurally thinner than at any point in seven years.
The number of wallets holding 10,000 or more XRP has hit an all-time high of 332,230. The millionaire tier — wallets holding over one million XRP — added 42 new addresses since January and accumulated 1.2 billion tokens in Q1 alone, the heaviest quarterly accumulation since 2023. Mega whale wallets holding 10 million or more XRP now control approximately 45.83 billion tokens, representing 68.5% of circulating supply — the highest concentration since May 2018.
The mechanism: when 68.5% of supply is controlled by conviction holders who are actively accumulating, and exchange reserves are at 7-year lows, even moderate institutional buying pressure produces outsized price moves. The float is thin. The buyers are patient. The catalyst — CLARITY Act — is binary and approaching.
RLUSD and ODL: The Utility Case Strengthening Independently While the CLARITY Act is the legislative catalyst, Ripple’s on-chain infrastructure has been strengthening independently in June 2026.
RLUSD has grown to approximately $1.7 billion in market cap, ranking as the eighth-largest stablecoin globally and live across more than 40 networks. On June 3, Mastercard added RLUSD to its 24/7 on-chain settlement network alongside USDC and PYUSD.
Ripple is also pursuing a Federal Reserve master account, a process currently paused until end of 2026. A Fed master account would allow Ripple to settle transactions directly with the Federal Reserve’s payment system — removing commercial bank intermediaries and dramatically reducing the cost of ODL corridor transactions. It is potentially the most significant operational milestone in Ripple’s history, but it is a 2027 story at the earliest.
Ripple, JPMorgan, Mastercard, and Ondo Finance completed a live cross-border tokenized US Treasury settlement on the XRP Ledger that finalized in under five seconds. This is not speculative — it is a completed transaction by the largest financial institutions in the world, settling real assets on Ripple’s infrastructure. The XRPL’s real-world asset capabilities are being validated in production, not just theory.
Price Scenarios: What CLARITY Act Means in Dollar Terms From around $1.17 where XRP trades now, the key scenarios are: a failed Senate vote points back toward the $0.80–$1.00 range; passage near the recess supports a re-rating to $1.60–$2.20; and passage plus renewed ETF inflows and a softer Fed opens up the $2.50–$3.50 price range.
Standard Chartered projected $4 billion to $8 billion in cumulative XRP ETF inflows by year-end if the bill passes. With flows of such volume, XRP would most likely break the current resistance, retest its 200-day moving average at $1.80, and have the runway to push toward higher targets like $3–5 by late 2026.
The bear case: If Tim Scott doesn’t schedule the markup before Memorial Day recess on May 21, or if the markup happens but Republicans can’t unify the committee vote, the bill will most likely be shelved until 2030. That deadline has now passed — the committee vote cleared 15-9. The next hard deadline is the July 4 recess. If the Senate floor vote does not happen before July 4, the next viable legislative window is after the November 2026 midterms.
For context on the current macro environment affecting all crypto assets, see our daily market update for June 18.
ETF Flows: $1.44 Billion, UBS and Bank of America Positioned US spot XRP ETFs have accumulated $1.44 billion in cumulative net inflows since their November 2025 launch across seven products. May 2026 was the strongest single month with $132 million. UBS and Bank of America took first-time XRP ETF stakes in May — the first tier-1 global banks to allocate directly to XRP products. Goldman Sachs allocated $154 million in Q1 2026.
Some of that CLARITY Act move may already be in the price, because the market has watched this bill advance for months. So the real question is not whether clarity helps XRP, but how much of the waiting money actually moves once the bill is law, and how much already has.
The honest assessment: the ETF bid is real and growing. The question of how much is already priced is legitimate. What is not priced is the pension fund and sovereign wealth fund allocation tier — those institutional buyers legally cannot allocate under agency guidance. They need a statute. The CLARITY Act is that statute.
Track real-time XRP ETF flows at SoSoValue.
Where to Buy XRP Binance — world’s largest exchange by volume, deep XRP/USDT liquidity, RLUSD trading pairs available.
Coinbase — US-regulated, XRP available for spot purchase with insured custody.
Kraken — established 2011, competitive XRP fees and strong security record.
This article does not constitute financial advice. Cryptocurrency markets are volatile. Always conduct independent research before making investment decisions.
Alchemy Pay a HTF Securities získaly od SFC rozšíření licence typu 1 pro obchodování s virtuálními aktivy v Hongkongu. Typ 4 je hotový a typ 9 je stále v procesu.
TLDR: Alchemy Pay and HTF Securities secured an SFC Type 1 license upgrade covering virtual asset dealing services in Hong Kong. The SFC Type 1 and Type 4 license upgrades are complete, while the Type 9 asset management upgrade remains in progress. Alchemy Pay plans to launch its own stablecoin and develop the Alchemy Chain stablecoin-based ecosystem in Hong Kong. Alchemy Pay holds over 15 active licenses globally, spanning the US, Australia, South Korea, Europe, and Southeast Asia. Alchemy Pay and HTF Securities Limited have completed a major regulatory milestone in Hong Kong. The Hong Kong Securities and Futures Commission approved an upgrade of HTF Securities’ Type 1 license.
The extension now covers virtual asset dealing services for both professional and retail investors. This follows a previously completed Type 4 license upgrade. The Type 9 license upgrade is still in progress.
HTF Securities Advances Its Full-Spectrum Licensing Portfolio The SFC Type 1 license covers dealing in securities within Hong Kong’s regulated financial market. Its upgrade adds virtual asset dealing to HTF Securities’ approved scope of services.
HTF Securities Limited, with Central Entity No. BNO909, operates under direct SFC regulation. Alchemy Pay made a strategic investment in the firm to advance its Hong Kong presence.
The SFC’s Type 1, 4, and 9 licenses form a core trio for comprehensive financial services. They cover securities trading, investment advisory, and asset management activities respectively.
Together, they represent one of the broadest regulatory permission sets available in Hong Kong. The SFC also allows holders of these licenses to apply for virtual asset business extensions.
Alchemy Pay confirmed the progress of its licensing efforts following the announcement, stating: “We have completed the Type 1 & Type 4 license upgrade, while the Type 9 license upgrade is still in process.” The company views this as part of a phased approach to building a full regulatory framework in Hong Kong.
🇭🇰 #AlchemyPay, together with SFC-licensed HTF Securities Limited, is pleased to announce the successful uplift of SFC Type 1 license to include virtual asset trading services.
With this upgrade secured, we have completed the Type 1 & Type 4 license upgrade, while the Type 9… pic.twitter.com/j7WoU17M0n
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) March 26, 2026
Alchemy Pay and HTF Securities had already secured the Type 4 (Advising on Securities) upgrade earlier. Both parties are now pursuing a further application for the Type 9 license upgrade.
This upgrade would extend virtual asset services into the asset management category. The application is currently being reviewed by the SFC.
With the Type 1 and Type 4 upgrades now in place, Alchemy Pay strengthens its regulatory standing. The company has positioned itself as a bridge between traditional finance and digital assets.
These licenses allow it to serve a wider base of investors across the region. Each regulatory step builds greater trust with both institutional and retail participants.
Stablecoin Strategy and Global Compliance Drive Further Growth The license achievement also supports Alchemy Pay’s planned stablecoin initiatives in Hong Kong. The company is working toward launching its own stablecoin in the near term.
It is also developing the Alchemy Chain stablecoin-based ecosystem as part of this plan. These efforts align with Hong Kong’s active push to regulate digital assets and stablecoins.
In addressing its long-term direction, Alchemy Pay stated that it “remains committed to building the bridge between traditional finance and digital assets in Asia’s leading financial hub.”
The company added that it is focused on strengthening its roots in Hong Kong as the regulatory environment continues to evolve.
Globally, Alchemy Pay holds 15 Money Transmitter Licenses across the United States. The company also carries a Digital Currency Exchange Provider registration in Australia.
It holds an Electronic Financial Business registration in South Korea as well. Additional licenses cover key markets across Europe and Southeast Asia.
The Hong Kong milestone supports Alchemy Pay’s broader goal of enabling fiat-to-crypto conversions worldwide. These services target key financial markets where regulatory clarity is advancing.
The company’s compliance record now spans more than 15 active jurisdictions. Its long-term strategy centers on expanding payment services across Asia and other emerging markets.
Alchemy Pay bylo přijato do nového Mastercard Crypto Partner Programu, který propojuje blockchainové inovace s kartovými platebními sítěmi. Tím posiluje své vazby s Mastercard a rozšiřuje své kryptoměnové platby.
Alchemy Pay, a Singapore-based fiat-to-crypto payment gateway, has been admitted to Mastercard’s newly launched Crypto Partner Program, a global initiative designed to align on-chain innovation with established card-payment rails.
The Mastercard Crypto Partner Program, announced on March 11, brings together more than 85 crypto-native companies, payments providers, and financial institutions. According to Mastercard, the initiative aims to create a shared framework for collaboration as enterprise use cases such as cross-border settlement, payouts, and business-to-business money transfers continue to mature.
“Digital assets are entering a new phase,” Mastercard said in its announcement. “What once ran in parallel to existing financial systems is increasingly being applied to solve practical, real-world needs, often behind the scenes.”
Building on Existing Infrastructure Alchemy Pay’s inclusion deepens an existing relationship with Mastercard. The company was previously added to Mastercard’s Site Data Protection (SDP) Compliant Registered Service Provider List, placing it alongside global names such as Amazon, Google, and J.P. Morgan. Each company on the list is required to comply with Mastercard’s rules and data-security standards.
“Our inclusion in the Mastercard SDP Program demonstrates our commitment to operating within the bounds of regulatory frameworks,” Robert McCracken, Alchemy Pay’s Ecosystem Lead, said at the time. “Ultimately, though, it’s the consumer that benefits from seamless access to blockchain finance via global payment standards like Mastercard.”
Alchemy Pay currently supports fiat-to-crypto transactions across more than 173 countries using over 50 fiat currencies. Its product suite includes on-ramp and off-ramp solutions, an NFT checkout feature, and a white-label crypto card program that operates on both Visa and Mastercard networks. The company holds regulatory licenses in key markets, including the United States, Canada, and the United Kingdom.
Broader Industry Alignment The Crypto Partner Program builds on Mastercard’s earlier blockchain engagement through its Start Path accelerator and Engage platform, which includes a dedicated Crypto Card track.
Raj Dhamodharan, Mastercard’s Executive Vice President for Digital Asset Blockchain Products and Partnerships, said the focus is on translating technical innovation into scalable, compliant use cases that can operate across markets and integrate into everyday commerce.
For Alchemy Pay, the program arrives at a pivotal moment. The company recently launched the Alchemy Chain mainnet, a stablecoin-focused Layer 1 blockchain designed to support merchant payments, remittances, and cross-border settlements.
The mainnet launch, which completed Phase 4 of Alchemy Pay’s five-phase roadmap, was built with frameworks including Europe’s Markets in Crypto-Assets (MiCA) regulation, PSD2 payment standards, and Hong Kong’s evolving stablecoin rules in mind.
The company’s native token, ACH, will serve as the network’s gas-fee token and support validator participation and ecosystem incentives. Alchemy Pay’s participation in the Mastercard program positions the company to deepen its institutional relationships as the payments industry continues to explore blockchain-based settlement alongside traditional card infrastructure.
Canonical bridge World Chain vzrostl za sedm dní o 32,87 % na zhruba 602 mil. USD a WLD přidal 33,6 %. On-chain DeFi TVL ale zůstává jen kolem 39,7 mil. USD.
World Chain's canonical-bridge TVL climbed 32.87% over seven days to about $602M, with WLD tracking the move at +33.6%. The growth concentrates in Re7 Labs vaults on Morpho Blue, while the chain's on-chain DeFi TVL remains near $40M.
Total value locked in the canonical bridge of World Chain, the Optimism Stack rollup operated by Worldcoin's Tools for Humanity, climbed 32.87% over seven days to about $602M, according to a DefiLlama snapshot earlier this morning. The token tracked the move, with WLD up over 50% in the same window.
The bridge holds assets locked on Ethereum that mirror across to the L2, and at $605 million, it’s the chain's deepest pool of collateral. Re7 Labs, the risk curator running the most active lending vaults on the chain, now sits at $32.69M deployed on World Chain, about 35% of its $92M cross-chain book. Morpho Blue is the lending venue underneath those vaults. The growth puts World Chain among the fastest-moving names in the lower tier of the L2 ranking on a percent basis, even as Base, Arbitrum and Optimism still dwarf it in absolute scale.
Bridge InflowTwo World Chain TVL figures circulate, and they describe different things. The bridge TVL counts Ethereum-side assets locked to enable use on the L2, currently around $605M. The on-chain DeFi TVL counts assets sitting inside protocols deployed on World Chain itself, which DefiLlama puts at roughly $39.7M today.
The 33% move belongs to the bridge. The on-chain figure is up sharply too on a percent basis, with chain TVL history showing a 2,567% climb from $1.5M in October 2024, but it remains a thin slice of the bridged base.
Bridge inflow shows that holders are committing capital to the L2 environment, while on-chain leverage and DEX volume are expanding more slowly. Most of the bridged stack sits idle from a DeFi-yield perspective. The active deployment is concentrated in Re7 Labs vaults and a handful of Morpho markets.
WLD Price Worldcoin's token is up 52% over the past seven days to about $0.67, with a $2.3B billion market cap and a $6.7 billion fully diluted valuation, per CoinGecko. The 30-day chart shows a 189% gain, a sharper recovery than the chain TVL alone would imply. WLD remains roughly 94% below its March 2024 peak of $11.74.
The token's recovery sequence has tracked a series of operational milestones at Tools for Humanity rather than a single trigger. Arthur Hayes exited his WLD position on June 6, days after his Maelstrom fund had publicly pitched the asset as a liquid AI-IPO trade.
World App 3 and Orb 2Tools for Humanity rolled out World App 3.0 at its Unwrapped event last December, pitching the wallet as a super-app that bundles encrypted messaging, mini-apps from Polymarket and Kalshi, and stablecoin support across USDC, EURC and several LatAm currency tokens. The verification base now sits near 7M humans across roughly 35 countries and 2,000 Orb locations, up from about 6M earlier this year.
The smaller Orb 2 hardware, unveiled by the company in April, is the operational lever Tools for Humanity is leaning on for US expansion. The company has flagged a 7,500-Orb target for the country and a manufacturing run of more than 50,000 devices per year. Partnerships with Tinder, Zoom and Docusign for human verification, announced earlier this spring, route consumer traffic into the World ID stack outside the wallet itself.
Regulatory pressure has not easedThe privacy disputes that defined Worldcoin's launch period remain mostly unresolved. Kenya's High Court declared Tools for Humanity's operations illegal in May 2025 and ordered a seven-day biometric data purge under Justice Aburili. Brazil's ANPD blanket ban issued in January 2025 has not been lifted; the regulator threatened fines of about $8,800 per day if operations resumed. Germany's BayLDA delivered a GDPR deletion order in December 2024. Spain's AEPD ban from March 2024 is still in force.
None of those jurisdictions show up in the verification footprint Tools for Humanity now markets. The company's public posture has been to describe the disputes as resolvable through compliance redesigns. Regulators have largely not agreed in writing.
What sustains the inflow trendThe L2 sits at 43rd by chain TVL on DefiLlama, behind Algorand and ahead of Vaulta. The bridge ranking puts it well inside the top tier of canonical-bridge balances among OP Stack chains. Whether the seven-day move marks a durable shift or another cycle peak depends on whether the deployed on-chain TVL catches up to the bridged base, or whether the bridge balance retraces toward where on-chain activity currently sits.
The two interpretations split cleanly on the read. If bridged capital becomes deployed capital, World Chain joins the working L2 group on more than nominal terms. If bridged capital sits idle and the WLD rally fades, the move logs as a positioning event tied to the broader Worldcoin recovery narrative rather than a structural step.
