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.

SSV Network DAO Unveils SSV Staking: Making SSV an ETH Accrual Token

SSV Network DAO has introduced a major upgrade proposal called SSV Staking, which aims to transform the SSV token into an ETH-accrual asset. The proposal shifts the protocol’s SSV-denominated fee model to a fully ETH-native system, aligning with Ethereum’s validator economy where rewards and costs are in ETH. A key feature is the introduction of Effective Balance Oracles to track validator balances on-chain, especially after Ethereum’s Pectra upgrade enables validators to hold up to 2,048 ETH. SSV holders can stake tokens to receive cSSV—a liquid ERC-20 token—which accrues ETH rewards from network fees while retaining governance rights. This upgrade redefines SSV’s role from governance to an ETH-yielding asset tied to the network’s usage and security.

TheNewsCrypto01/28 06:46

SSV Network DAO Unveils SSV Staking: Making SSV an ETH Accrual Token

TheNewsCrypto01/28 06:46

Zero inflows, weak demand: Did VanEck’s AVAX ETF debut fall flat?

VanEck's spot Avalanche (AVAX) ETF launched in early 2026 to a deeply negative market reception, recording zero inflows and only $330K in trading volume. This performance starkly contrasts with other recent altcoin ETFs, such as Bitwise's Solana ETF which saw $69M in inflows and Ripple's XRP ETF which attracted $245M. The AVAX ETF debut coincided with extreme bearish sentiment, reflected in a low Fear and Greed Index and stagnant open interest below $200M. AVAX's price remained weak, struggling near its late 2025 range of $11-$15. The lackluster response raises doubts about near-term bullish momentum and increases the risk of a deeper correction below $10 if negative sentiment persists.

ambcrypto01/28 05:09

Zero inflows, weak demand: Did VanEck’s AVAX ETF debut fall flat?

ambcrypto01/28 05:09

From Competing on Experience to Building Assets: Hyperliquid is Moving Ahead of CEXs

Amidst a general market stagnation, Hyperliquid ($HYPE) has demonstrated notable independent growth, signaling a shift in the Perp DEX narrative. Rather than competing solely on user experience akin to centralized exchanges (CEXs), Hyperliquid is expanding into synthetic assets—including commodities like crude oil, precious metals, and foreign currencies—through its HIP-3 protocol. This positions it not just as a decentralized exchange, but as a crypto-native, Nasdaq-like platform for global asset trading. The move reflects a broader trend of on-chain liquidity integrating with real-world assets, a direction also being explored by major CEXs like Bitget, OKX, and Bybit. Hyperliquid’s advantages include narrower spreads, faster execution, and 24/7 availability compared to traditional platforms. It leverages on-chain transparency, permissionless listings, and fee redistribution to challenge the opaque, centralized models of CEXs and traditional finance—focusing on code-based trust rather than decentralization rhetoric.

比推01/28 05:06

From Competing on Experience to Building Assets: Hyperliquid is Moving Ahead of CEXs

比推01/28 05:06

While CEXs Are Still Competing on Experience, Hyperliquid Is Already Trading Precious Metals and Forex

While centralized exchanges (CEXs) are still competing on user experience, Hyperliquid has expanded into trading precious metals and foreign exchange. The platform is shifting its narrative from being a user-friendly decentralized exchange (DEX) to becoming a crypto-native, on-chain Nasdaq through its HIP-3 protocol, offering synthetic assets like oil, forex, and metals. This move reflects a broader industry trend where on-chain liquidity is beginning to integrate with real-world assets, offering tighter spreads, faster execution, and 24/7 availability. Hyperliquid is also introducing new market rules such as full transparency, permissionless listings, and fee redistribution, using code-based trust to challenge the opaque advantages of CEXs and traditional finance.

marsbit01/28 03:14

While CEXs Are Still Competing on Experience, Hyperliquid Is Already Trading Precious Metals and Forex

marsbit01/28 03:14

Compliant Stablecoin Competition Heats Up as Tether Launches USAT to Enter the US Market

Tether, the dominant stablecoin issuer, has launched a new regulated dollar-pegged stablecoin called USAT, specifically designed for the U.S. market under the GENIUS Act framework. USAT is issued through the federally chartered Anchorage Digital Bank, with Cantor Fitzgerald serving as the custodian and primary dealer. Initially launched on Ethereum with a supply of $20 million, it is supported by exchanges including Bybit, Crypto.com, Kraken, OKX, and MoonPay—notably excluding Binance and Coinbase, which have ties to competing stablecoins. Tether will pursue a dual-track strategy: USAT will focus on compliant competition within the U.S., while USDT continues to serve as the global liquidity benchmark in offshore markets. USAT enters a highly competitive landscape, challenging incumbents like Circle’s USDC, World Liberty Financial’s USD1 (backed by the Trump family), PayPal’s PYUSD, and BlackRock’s USDtb. While Tether has substantial financial resources, it remains uncertain whether it will adopt aggressive incentive strategies to spur adoption, as the company has historically opposed yield-bearing models. The success of USAT will depend on Tether’s ability to compete as a regulated latecomer in a crowded market.

Odaily星球日报01/28 02:44

Compliant Stablecoin Competition Heats Up as Tether Launches USAT to Enter the US Market

Odaily星球日报01/28 02:44

XRP’s Billion-Dollar Milestone: How Ripple’s Ledger Is Standing Out

The XRP Ledger, developed by Ripple, has surpassed a monumental milestone with over $1 billion in total on-chain assets. This growth is primarily fueled by the rise of Ripple's stablecoin RLUSD, which is the most active asset on the chain, alongside other stablecoins and tokenized instruments. A significant portion of this value also comes from institutional participation, particularly in private credit, with the largest asset classes including US treasury debt and real estate. Key factors driving XRPL's adoption are its fast settlement times, low costs, high throughput, and a compliance-focused architecture that aligns with regulatory standards. Enhanced security features, like quantum-resistant cryptography, further strengthen institutional trust. This positions the XRP Ledger as a foundational infrastructure for the future of tokenized finance and global payments.

bitcoinist01/28 02:02

XRP’s Billion-Dollar Milestone: How Ripple’s Ledger Is Standing Out

bitcoinist01/28 02:02

US Government’s Bitcoin At Risk? The Insider Theft That Shocked The Community

On-chain investigator ZachXBT has identified John Daghita (aka Lick) as the threat actor who stole over $40 million from U.S. government crypto seizure addresses. His father’s company, Command Services & Support (CMDSS), held a government contract to assist the U.S. Marshals in managing seized crypto assets. ZachXBT traced the stolen funds to wallets linked to government seizures, including assets from the Bitfinex hack. The White House confirmed it is investigating the theft but has not disclosed whether its Bitcoin holdings were affected. The U.S. government currently holds 198,012 BTC, part of which was reportedly stolen after former President Trump signed an order allocating all government Bitcoin to a Strategic BTC Reserve.

bitcoinist01/27 22:02

US Government’s Bitcoin At Risk? The Insider Theft That Shocked The Community

bitcoinist01/27 22:02

Orbs Enables Institutional-Grade Onchain Perpetual Futures on Sei via Gryps Integration

Orbs has enabled institutional-grade onchain perpetual futures trading on the Sei Network through Gryps' integration of Orbs’ Perpetual Hub Ultra. This integration provides a fully managed, professional perpetuals stack that enhances execution certainty, capital efficiency, and deterministic risk management. Perpetual Hub Ultra delivers a modular infrastructure covering hedging, liquidation, oracles, and trading interfaces. Leveraging Orbs’ Layer-3 technology and Symmio’s smart contracts, Gryps can aggregate deep liquidity, offer variable leverage, and ensure efficient execution without building complex backend systems. Designed specifically for perpetual futures, Gryps uses intent-based execution to maximize performance even in volatile markets. Orbs' Ran Hammer emphasized that this deployment meets the operational needs of professional traders with a turnkey solution prioritizing execution quality and predictable risk. The integration strengthens Orbs' position as an industry standard for onchain perps infrastructure, enabling decentralized platforms to compete with centralized exchanges on performance and user experience. Gryps is a high-performance, non-custodial perpetual futures protocol built on Sei for institutional traders.

TheNewsCrypto01/27 21:42

Orbs Enables Institutional-Grade Onchain Perpetual Futures on Sei via Gryps Integration

TheNewsCrypto01/27 21:42

Tether’s USAT launch builds on USDT’s dominance rather than starting from scratch

Tether announced the launch of USA₮ (USAT), a federally regulated, dollar-backed stablecoin, on January 27. Unlike new entrants, Tether leverages the established dominance and infrastructure of its flagship USDT, which has a market cap exceeding $186 billion and supports global trading, remittances, and cross-border settlements. USAT is designed to comply with U.S. federal regulations, enabling adoption by U.S. platforms and institutions that are restricted from using offshore stablecoins. Its success will depend not on branding but on integrating into existing liquidity networks and regulatory frameworks, allowing segmentation between offshore (USDT) and onshore (USAT) activity. Early exchange availability and usage in institutional settlement, trading, or payments will be key indicators of its traction.

ambcrypto01/27 19:27

Tether’s USAT launch builds on USDT’s dominance rather than starting from scratch

ambcrypto01/27 19:27

Sei’s momentum vs. Avalanche’s depth – Which network is winning 2026 race?

In early 2026, Sei Network briefly lost its lead in perpetual DEX volume to Avalanche, but quickly rebounded by adding $23 million within 48 hours, reestablishing dominance. Sei also led in user engagement with 7.6 million monthly active addresses compared to Avalanche’s 1.6 million. However, Avalanche maintained a significant advantage in Open Interest at $443 million versus Sei’s $74 million, reflecting deeper liquidity and stronger market confidence. While Sei shows strong momentum and growing adoption among traders, Avalanche’s superior capital depth and stability position it as the more established network. The competition hinges on whether Sei can convert its user growth into sustained financial strength.

ambcrypto01/27 18:02

Sei’s momentum vs. Avalanche’s depth – Which network is winning 2026 race?