Project Updates

Tracks blockchain projects from inception to their latest updates and major milestones. By covering project financing, partnerships, and product upgrades, it helps investors stay informed about the latest industry trends and developments.

Western Union launches USDPT on Solana: March rally for SOL?

Western Union has launched a new stablecoin, USDPT, on the Solana blockchain, signaling strong institutional confidence in the network’s capabilities. This partnership enhances Western Union’s position in the stablecoin market by enabling efficient cross-border transactions. The development comes amid growing stablecoin ecosystem on Solana, with Grayscale reporting a record $650 billion in stablecoin volume in February—even as SOL’s price declined. Increased stablecoin activity, including Circle minting $1 billion USDC on Solana, points to strong underlying liquidity and on-chain demand. This liquidity surge may position Solana for a potential rally in March, especially if market sentiment remains positive. The network’s deepening capital flows and institutional backing strengthen its long-term fundamentals despite regulatory and competitive pressures.

ambcrypto5h ago

Western Union launches USDPT on Solana: March rally for SOL?

ambcrypto5h ago

Blockstream Unveils Quantum-Resistant Bitcoin Signing Demo On Liquid

Blockstream Research has successfully deployed and tested a post-quantum signature verification system on the Liquid Bitcoin sidechain, marking the first use of such a scheme for real transactions on a production sidechain. The implementation uses Blockstream’s smart contract language Simplicity to create custom spending conditions, allowing users to opt into quantum-resistant protections for LBTC and other assets without altering Liquid’s base consensus rules. The system employs SHRINCS, a compact hash-based signature design developed specifically for blockchain use, featuring both a stateful mode for regular transactions and a stateless fallback for recovery. Two live transactions were executed on Liquid mainnet to demonstrate functionality. Blockstream clarified that this does not make Liquid fully quantum-resistant, as critical components like the Bitcoin peg and consensus protocol remain classically secured. The development is positioned as a proactive step toward future-proofing Bitcoin infrastructure, emphasizing that quantum computers are not yet an imminent threat but require early preparation. The team also included the Bitcoin whitepaper in transaction data as a symbolic nod to Bitcoin's cypherpunk origins.

bitcoinist9h ago

Blockstream Unveils Quantum-Resistant Bitcoin Signing Demo On Liquid

bitcoinist9h ago

Interview with Sui Founder: Leaving Meta at 50 to Start a Business, How to Rebuild the 'Foundation' for the Internet

Evan Cheng, co-founder and CEO of Mysten Labs (the core developer behind the Sui blockchain), shares his journey from working at Apple and Meta to starting his own venture in his 50s. He left Meta’s Libra (Diem) project due to creative constraints and a desire to build foundational internet infrastructure tailored for automation and AI agents. Cheng believes current web architecture is ill-suited for automation and aims to create a unified, efficient, and secure blockchain layer to support future automated interactions between humans, machines, and agents. He addresses key industry challenges, including misconceptions about blockchain (e.g., the "blockchain trilemma"), technical immaturity, and fragmented privacy and security models. Sui tackles these with its object-centric architecture, integrated privacy features, and a full-stack approach that offers iOS-like developer convenience. Sui has attracted major partners like CCP Games, who are building persistent, automated game economies on the network. Cheng also highlights DeepBook, Sui's native central limit order book, which acts as a shared liquidity hub to improve capital efficiency across DeFi applications. Despite market’s volatility, Cheng remains focused on long-term goals, emphasizing real-world adoption and the need for robust, scalable infrastructure beyond short-term speculation.

marsbit10h ago

Interview with Sui Founder: Leaving Meta at 50 to Start a Business, How to Rebuild the 'Foundation' for the Internet

marsbit10h ago

Opinion Almost Entirely Flipped, Airdrop Value Less Than Platform Fee Revenue?

Opinion, a prediction market platform once hailed as one of the most anticipated airdrops of 2026, has sparked significant community backlash following its Token Generation Event (TGE). Despite raising over $25 million from top VCs and being deeply integrated with the Binance ecosystem, the project repeatedly delayed its TGE, causing its points' OTC value to drop from a peak of $45 to around $6. The controversy intensified when the tokenomics were revealed: only 3.5% of the airdropped tokens (23.5% of total supply) were unlocked at TGE, with the rest vested over 7 months. In contrast, the marketing allocation saw 7.7% unlocked immediately. This, combined with large allocations to investors, team, and advisors (totaling over 54%), angered early users who had paid high transaction fees to earn points. Many users reported losses, with one notable example being an investment of $200,000 yielding only around $1,000 worth of tokens at launch. Ironically, the platform’s cumulative fee revenue exceeded $17 million, surpassing the initial airdrop’s value. As a result, user activity and TVL plummeted, raising questions about the future of prediction markets on BNB Chain.

Odaily星球日报10h ago

Opinion Almost Entirely Flipped, Airdrop Value Less Than Platform Fee Revenue?

Odaily星球日报10h ago

Crypto Morning Brief: Bitcoin Breaks Through $70,000, Kraken Granted Access to Fed's Core Payment System

Crypto Daily: Bitcoin Surpasses $70,000, Kraken Gains Access to Fed Payment System Key market developments include Bitcoin breaking $70,000 and Kraken becoming the first crypto company approved to access the Federal Reserve’s core payment system. In U.S. economic updates, February ADP employment rose to 63,000, exceeding expectations. President Trump nominated Kevin Warsh as Federal Reserve Chair; Warsh has previously expressed that Bitcoin is better suited as a store of value than a currency. Major U.S. regulators submitted a crypto industry oversight plan to the White House. Notable industry moves: Coinbase launched stock trading with extended hours, Backpack introduced on-chain IPO subscriptions on Solana, and Sui’s native stablecoin USDsui went live, with yields benefiting the Sui ecosystem. Corporate Bitcoin strategies clarified: MARA Holdings denied plans to sell its 53,822 BTC, while Chinese firm JZXN announced intent to acquire 10,000 BTC despite its small market cap. Venture firm a16z is raising $2 billion for its fifth crypto fund. Recommended reads cover topics including AI’s market impact, gold and crypto as hedges, semiconductor market volatility, and SpaceX’s potential IPO. Amid traditional market declines, cryptocurrencies demonstrated resilience, reinforcing Bitcoin’s role as digital gold in uncertain geopolitical climates.

marsbit11h ago

Crypto Morning Brief: Bitcoin Breaks Through $70,000, Kraken Granted Access to Fed's Core Payment System

marsbit11h ago

Korean Stock Market Crashes, Are Koreans Rushing into Crypto Again? This Project Team Got Slammed...

Amid a significant downturn in the South Korean stock market, there is growing discussion about Korean retail investors shifting heavily into cryptocurrency as an alternative. Observers note that Koreans have a strong cultural tendency toward leverage and speculative investment, which may be driving renewed interest in crypto assets like Bitcoin, seen as a potential safe haven during economic instability. Bitcoin’s price recovery and increased institutional buying are also highlighted, with price targets such as $87,000 and even $100,000 being discussed. Some attribute Bitcoin’s strength to its perceived reliability during times of geopolitical tension. Additionally, former U.S. President Donald Trump is mentioned as pushing for clearer cryptocurrency regulation, which could bring more certainty to the market—though some express skepticism about his motives. The article also covers controversy around the project "Opinion" on the BSC chain, which has drawn criticism for its handling of user rewards and airdrops, leading to broader discussions about the sustainability of airdrop models and the need for genuine user engagement rather than speculative farming. The content is compiled from social media platforms and does not constitute investment advice.

比推11h ago

Korean Stock Market Crashes, Are Koreans Rushing into Crypto Again? This Project Team Got Slammed...

比推11h ago

Ripple Outlines Next Steps After Critical XRP Ledger Batch Amendment Bug

Ripple is implementing stricter security measures for the XRP Ledger amendment process after a critical bug was discovered in the proposed Batch amendment (XLS-56). The flaw, identified by Cantina AI, was caught before activation, preventing any mainnet impact. RippleX Head of Engineering J. Ayo Akinyele acknowledged the amendment "progressed further than it should have" and emphasized the need for higher review standards. While the network's safeguards worked as a final defense, Ripple is taking steps to make them a primary one. Proposed changes include mandatory multiple independent audits for high-risk features, an expanded bug bounty program, and formal adversarial testing. The company is also incorporating AI-assisted code review and aims to make formal verification standard for critical ledger components.

bitcoinist19h ago

Ripple Outlines Next Steps After Critical XRP Ledger Batch Amendment Bug

bitcoinist19h ago

Ripple Expands Payments Platform as Stablecoin Infrastructure Volume Surpasses $100B

Ripple has expanded its global payments platform into a comprehensive infrastructure system for businesses, supporting both traditional currencies and stablecoins. The platform has processed over $100 billion in transaction volume. Originally focused on cross-border blockchain transfers, Ripple now offers a full financial system for digital payments, including custody services, automated currency conversion, and settlements. This expansion was enabled by recent acquisitions of Paliside and Rail, integrating treasury automation and digital asset storage technologies. The move aligns with growing stablecoin adoption, which accounted for $33 trillion in transactions last year. Ripple’s business growth remains independent of XRP’s market performance.

TheNewsCrypto22h ago

Ripple Expands Payments Platform as Stablecoin Infrastructure Volume Surpasses $100B

TheNewsCrypto22h ago

MEXC Partners with Ondo Finance to Launch Tokenized US Equities in Defense and Energy Sectors

MEXC, a leading global cryptocurrency exchange, has partnered with Ondo Finance to launch seven tokenized US equities from the defense and energy sectors. The tokens, which include LMTON, RTXON, BBAION, ACHRON, COPON, OXYON, and ONDSON, are now available for trading against USDT. These ERC-20 tokens represent direct ownership of the underlying stocks, with holdings verified through quarterly third-party audits and held in regulated trust accounts. The launch occurred in two tranches on March 4, 2026, with withdrawals starting March 5. This initiative provides MEXC's 15+ million users with continuous, global trading access to these assets, removing traditional barriers like position minimums and qualified investor restrictions. The partnership aims to expand institutional-grade market access, particularly for assets that have historically had limited retail accessibility.

TheNewsCryptoYesterday 13:20

MEXC Partners with Ondo Finance to Launch Tokenized US Equities in Defense and Energy Sectors

TheNewsCryptoYesterday 13:20

‘Undisclosed voting power’ – ACI’s exit claim sends AAVE tumbling 10%

Aave Chan Initiative (ACI), a key service provider, announced its exit from the Aave ecosystem, citing Aave Labs' "undisclosed voting power" and aggressive control as reasons. This follows a similar departure by BGD Labs last month. The ongoing governance crisis, which began with accusations of Aave Labs seizing DAO revenue, deepened after a controversial $50 million proposal passed narrowly. In response, Aave's CEO stated the protocol remains unaffected. However, investor confidence wavered, causing a 10% drop in the AAVE token price. Data shows major whales reduced their holdings by nearly half since January, reflecting growing concerns over centralization and governance.

ambcryptoYesterday 13:02

‘Undisclosed voting power’ – ACI’s exit claim sends AAVE tumbling 10%