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Pons Surpasses Nearly $2.5 Billion in Monthly Trading Volume Within First Month, Burns Over $9 Million Worth of PONS

Odaily News Pons announced on the X platform that since its launch one month ago, the platform's cumulative trading volume has approached $2.5 billion, with over 290,000 tokens issued and more than $15 million in rewards distributed to token creators. Additionally, Pons allocates 80% of protocol revenue to buy back PONS, and has so far burned over $9 million worth of PONS, accounting for nearly 30% of the total token supply.Furthermore, Pons expressed optimism about NFTs and their applications in combination with tokens, and is currently developing related products with two partners. In addition, Pons plans to open migration features for communities looking to conduct a CTO on Pons v1 tokens, as well as for projects hoping to migrate from Solana to Robinhood via Pons. Pons also stated that its iOS App has entered the testing phase.

Operations Ceased, SecondFi Wallet Migration Tool Launches August 13, Affected Asset Recovery Portal Expected by September 10

: Cardano ecosystem wallet project SecondFi has announced the launch of a wallet migration tool and revealed a recovery plan for assets affected by the June 2026 security incident. As the project will cease operations, users are required to migrate remaining assets still held in SecondFi wallets. The migration tool is expected to go live on August 13, supporting the transfer of eligible ADA, Cardano native tokens, and NFTs to new Cardano wallets created with service providers of the users' choosing. Currently, the tool only supports Cardano network assets; non-Cardano assets must be transferred separately through corresponding network and wallet processes. SecondFi stated that the migration tool has passed an independent security assessment by security firm Bitdefender. For affected assets, SecondFi plans to launch a recovery portal before September 10, where users can verify wallet ownership via zero-knowledge proofs (ZK Proof) and submit asset claims. SecondFi reminds users to only rely on information published through official channels, including @secondfiapp, @secondfi_jp, and the official support website, to guard against phishing sites and impersonating accounts.

Flap Launches New bBroker Vault Mechanism, Converting Meme Coin Trading Fees into NFT Dividends and On-Chain Floor Price

Odaily News: Flap has announced the launch of bBroker Vault, powered by bStocks, on BNB Chain, combining Meme coin trading activity with NFT yields and tokenized stock ecosystems through a new mechanism.Under this mechanism, users are required to pay a fixed fee in corresponding tax tokens to mint bBroker NFTs, and the tokens paid are burned directly. Subsequently, trading fees from quote assets flowing into the Vault are automatically allocated to a "dividend pool" and a "floor price pool," enabling NFT holders to continuously earn dividends in quote assets without staking or locking up.Meanwhile, each bBroker NFT carries an on-chain floor price backed 1:1 by assets in the floor price pool, and holders can sell the NFT back to the Vault at any time to exit. Flap positions this mechanism as a novel on-chain economic model integrating Meme coins, NFTs, and stock assets.

Sold Out in Under an Hour: Pudgy Penguins Co-Founder Cole Villemain Launches Spritehood, Generating $1.28 Million in Mint Revenue

: Pudgy Penguins co-founder Cole Villemain was voted out and removed from his role by the project's holders in January 2022. Early Tuesday morning, the 44,444-piece NFT collection Spritehood, launched by Cole Villemain on the Robinhood Chain, sold out in under an hour. According to on-chain transaction data, the NFT mint generated approximately $1.28 million in revenue. During the public mint, 37,430 NFTs were sold at $17 each, while another 5,526 were sold at $117 each, the latter corresponding to the $100 upgrade option available on the mint page. Based on these figures, total sales revenue amounted to $1.2829 million, equivalent to approximately 684.28 ETH at the contract's mint-time pricing. Prior to the paid sale, the contract deployer also free-minted 1,488 NFTs through 20 zero-price transactions.

Rarible officially launches on Solana

Rarible announced its official launch on Solana, featuring Claynosaurz as the platform's first highlighted NFT collection. In the coming days and weeks, Rarible will continue to onboard more Solana ecosystem NFT projects. Rarible stated that the team has spent the past several months on development, testing, and launch preparation, while also engaging with multiple NFT communities within the Solana ecosystem to understand the stories, cultures, and community needs of different projects. The feedback received has already influenced several current product decisions on the platform. Rarible noted that the previously launched Gacha Station on Solana was not a standalone feature, but rather an early attempt ahead of this launch. Rarible said that the current launch content is only a foundational version, and will continue to add projects, features, marketplace experience optimizations, content, and community activities in the future, working together with the Solana ecosystem to advance platform development.

a16z-backed blockchain game developer Proof of Play to cease operations

Odaily News: a16z-backed blockchain game developer Proof of Play will cease operations, citing the failure to build a sustainable business around its vision for decentralized gaming. The studio stated that it was unable to develop a product that could prove blockchain games can drive the规模化 development of a decentralized internet. Proof of Play will open-source most of its code and art assets, including the Pirate Nation game, smart contracts, and internal software development tools. The independent Pirate Nation Foundation will continue to support the PIRATE token and maintain the website, but Proof of Play points will no longer be redeemable for anything. The studio will also release the Founder Pirates NFT and Pirate Nation-related art and intellectual property under a CC0 license. The Shiba Story Go! game has been acquired by an unnamed third party and will continue to operate independently.

Minicoin launches IP RWA network on Creditcoin and receives IPX authorization

Minicoin, an IP RWA network built on the Creditcoin blockchain, has announced that its native token, MINI, will be the first project to launch on the PenguinSwap Launchpad.In addition, Mini Labs, the development company behind Minicoin, has received official authorization from IPX. Minicoin will mint each piece of intellectual property into IP NFTs representing full ownership. The platform ecosystem includes an on-chain IP registration system, smart contract-based revenue settlement (settled in MINI), creator and fan incentive mechanisms, and AI creation tools.Currently, the survival adventure game "minini universe: ROOM" has been deployed on the PenguinBase platform. Users can qualify for the MINI Launchpad public offering by playing the game, leveling up, and minting SBTs.

0xSun: Robinhood Chain Could Drive Meme Coin Momentum, CASHCAT, PIPEDOG and Other Projects Worth Watching

Odaily News Trader 0xSun stated on social media that during Robinhood's earnings call, the only token appearing in a fleeting search bar was CASHCAT. Additionally, Robinhood CEO Vlad, when discussing the Robinhood Chain, mentioned that the chain will be built around RWA, adding that he also likes Meme coins.As a result, CASHCAT's market cap rebounded from approximately $30 million to nearly $50 million. 0xSun believes that an ideal trajectory for a public chain resembles the Base ecosystem in late 2024, initially driven by factors such as founder influence and team background, and later ignited by events like exchange listings. Currently, Robinhood possesses similar conditions, and tokens on its chain could benefit from expectations of potential exchange listings.Furthermore, 0xSun noted that the Meme coin PIPEDOG on the Robinhood chain saw its market cap quickly surge past $75 million within a few hours. The project team locked the liquidity pool and refunded 173 ETH to users affected by the initial contract. The project currently has deep liquidity, with the pool containing approximately $4.5 million in ETH at a market cap of around $30 million.Previously active HOODRAT also once approached zero due to the overall downturn of the Robinhood chain but recently received attention from Matt, the original artist of the Pepe comic, causing its market cap to rebound from a low of $500,000 to $5 million.Beyond Meme coins, 0xSun indicated that STONKBROKER is currently one of the better projects within the Robinhood ecosystem that combines NFT, RWA, and game mechanics, making it worthy of continued attention.

DOGE Owner Clarifies: CATE Has No Connection to Me, Only Official Projects DOG and COCORO Are Recognized

@kabosumama, the owner of Doge's original canine model Kabosu, stated that recently circulated tokens like CATE have absolutely no connection to her. She mentioned that after posting Instagram content about a newly rescued kitten, the relevant posts were used without authorization to create counterfeit tokens, and she expressed regret over some accounts misusing her photos and content.She stated that the only project she is currently officially involved with and endorses is Own The Dog. The project acquired the Doge NFT in 2021 and launched the DOG token; additionally, both parties collaborated to launch the COCORO token on the Base network in 2025, with the proceeds intended to support daily animal care and animal protection activities.Kabosu’s owner reminded the public to rely on official announcements for information regarding herself and urged the community to remain vigilant against projects and tokens unrelated to her.

Forma Announces Shutdown of Blockchain Network and Migration of NFTs to Ethereum Mainnet

NFT platform Forma announced it will cease operations of the Forma blockchain, stating that continuing to maintain the network is unsustainable. Forma stated it will migrate the Modularium platform and Forma NFTs to the Ethereum mainnet to ensure the long-term continuity of related works and trading markets. After the migration is complete, user NFTs will remain accessible and can be traded on Ethereum ecosystem markets such as OpenSea, while Modularium will continue to operate as a display platform for these NFT series. Forma also urged users to withdraw on-chain funds via the Forma Bridge as soon as possible. Unwithdrawn assets will be manually migrated by the team to a new EVM-compatible chain at a later stage. The team emphasized that user funds and NFT assets are secure, and specific migration timelines and processes will be announced subsequently.

Upbit Will List Euler (EUL) KRW Trading Pair

According to Upbit's announcement, South Korean crypto exchange Upbit will list Euler (EUL) on the Korean Won (KRW) market on July 26 at 12:00 (KST), supporting deposits and withdrawals on the Ethereum network. Within approximately 5 minutes after trading opens, buy orders and some sell orders will be restricted; within approximately 2 hours after opening, only limit orders will be supported. Euler is a decentralized finance lending protocol based on Ethereum, allowing users to create lending markets and deposit or borrow assets. Euler v2, launched in 2024, adopts a modular Vault structure, supporting users in building lending markets based on different assets and risk preferences, and can be extended to scenarios such as RWA, synthetic assets, and NFTs. The EUL token is primarily used for governance, Fee Flow bidding, and reward mechanisms.

Robinhood Chain Mainnet Launches for 3 Weeks, Protocol TVL Reaches $262 Million, Transactions Hit 120 Million

RobinHub posted on platform X, stating that data shows since the launch of the Robinhood mainnet three weeks ago, the number of transactions has reached 119.75 million, the number of blocks has reached 15.25 million, the number of unique sending addresses has reached 1.66 million, the protocol TVL has reached $262 million, the number of deployed contracts has reached 974,300, the number of ERC-20 tokens has reached 396,000, the number of NFT collections has reached 9,090, and the number of DEX transactions has reached 46.66 million.

Cardano Enters Community Governance Era: Van Rossem Hard Fork Decided by Token Holder Vote

Odaily Odaily News The Cardano network completed the Van Rossem hard fork upgrade on July 18, upgrading the mainnet protocol version to 11 (Protocol Version 11). This upgrade not only brings smart contract performance optimizations but also marks the first time Cardano has completed a protocol upgrade led by its community governance system, rather than being directly driven by the founding team.Previously, Cardano hard forks were mainly coordinated by core organizations such as the engineering firm Input Output (IOG), which is responsible for development. In contrast, the Van Rossem upgrade was fully facilitated through Cardano's on-chain governance system for proposal, discussion, and voting, becoming the first major upgrade autonomously approved by network participants since Cardano entered the Voltaire governance era.According to on-chain data, the Cardano mainnet upgraded from version 10 in epoch 643 to version 11 in epoch 644, officially activating on July 18 at 21:44 UTC. The upgrade received final approval on July 13, requiring consensus from the representative bodies, the Constitutional Committee, and stake pool operators.Among them, DReps (Delegated Representatives), who vote on behalf of ADA holders in governance, approved the proposal with a 78.97% support rate, exceeding the 60% requirement; all seven members of the Cardano Constitutional Committee confirmed the upgrade complies with constitutional requirements; and stake pool operators, responsible for running the network's infrastructure, approved the upgrade with a 53.02% support rate.The Van Rossem upgrade primarily includes technical improvements such as optimizing the Plutus smart contract platform, reducing smart contract execution costs, and enhancing ledger validation rules. This upgrade also paves the way for the future Dijkstra-era hard fork and the Ouroboros Leios scaling solution.Ouroboros Leios aims to enhance the processing capacity of Cardano’s proof-of-stake consensus mechanism. It is expected to launch in 2026, potentially significantly increasing the network's transaction throughput while maintaining security.For ordinary ADA users, this upgrade does not bring significant operational changes; wallets do not need updating, and transfer methods and fees remain the same. However, in the long run, Plutus optimizations could lower the operational costs of decentralized applications (DeFi, NFTs, etc.), providing lower-cost infrastructure for ecosystem development.Cardano stated that the greatest significance of Van Rossem is not merely the technical upgrade, but the shift in governance model—the future direction of the network will be determined by community votes, rather than being entirely controlled by the founding team. This means ADA holders now truly possess governance rights to participate in protocol evolution for the first time. (CoinDesk)

KOR completes $7.5 million Series A funding at a post-money valuation of $100 million

Odaily Reports, qinbafrank posted on the X platform stating that KorProtocol announced the completion of a $7.5 million Series A funding round, co-led by 1kx and Blockchain Capital, at a post-money valuation of $100 million. Other participants include Republic, Animoca, Solana, Avalanche, and others. Through its three core engines — Verify, Route, and Settle — KOR transforms creative assets into on-chain assets that are verifiable, matchable, and automatically settled. The Verify engine allows creators to register their works on-chain, recording provenance, ownership, and licensing terms. The Route engine uses data and AI to match creators, assets, labels, brands, platforms, and agencies. The Settle engine enables instant automatic revenue sharing via smart contracts and USDC on the Base chain, supporting complex split rules and recurring income. KOR currently has over 1 million registered users, more than $2 million in revenue, over 285,000 NFTs, and over 1,000 IP partners, and has collaborated with deadmau5 and "Black Mirror." Following the funding, KOR will continue to expand its IP supply, deepen partnerships, and advance network expansion.

Zapper will fully shut down on August 3rd, with its website, mobile app, and API services going offline

Seb Audet, CEO of DeFi portfolio tracker Zapper, announced that after nearly seven years of operation, the company has decided to fully shut down. All functions, including the website, mobile app, and API services, will officially go offline on August 3rd. Founded in 2019, Zapper was a mainstream portfolio tracking tool in the DeFi space, with features encompassing liquidity pool monitoring, yield farming tracking, DEX aggregation, and NFT support. At its peak, the project had 2 million monthly active users and processed over $13 billion in transaction volume. Zapper previously raised a $15 million Series A funding round led by Framework Ventures, with participation from investors including Mark Cuban. Seb Audet stated that after evaluating various options, the company believes an orderly shutdown is the best course of action at this time.

Vitalik Outlines Ethereum Long-Term Roadmap, "Lean Ethereum" Will Become the Third Major Iteration

According to a post by Vitalik Buterin (@VitalikButerin), Ethereum researchers recently held a meeting in Berlin to update the protocol's long-term development roadmap (strawmap.org). Vitalik pointed out that "Lean Ethereum" is not a single upgrade, but a series of improvements to be implemented in phases over the next three to four years. Its significance is comparable to "The Merge," almost covering the refactoring of every core module of the protocol. The main contents include: • Verification Mechanism: Introduce recursive STARKs to replace the existing direct re-execution method, becoming a first-class core component of the protocol • Quantum Safety: Priority significantly increased, all quantum-vulnerable components will be replaced, quantum-safe Blob design is already underway • Consensus Layer: Decouple availability chains and finality, achieve one to two rounds of finality, with better security and lower latency • State Layer: The existing dynamic state remains unchanged, but new types of state with stronger scalability will be added (such as UTXO storage, ring buffers, etc.). It is expected that by 2030, Ethereum will have 2TB of dynamic state + 100TB of new state. After migration of applications such as ERC20 and NFTs, gas fees can be reduced by more than 10 times • Privacy: Upgraded from an additional feature to a first-class goal, permeating designs such as Mempool and state trees • VM: In addition to EVM, leanISA or RISC-V will be introduced. The long-term goal is for the protocol layer to only directly

Vitalik: Ethereum to Enter an Era of Slimming in the Next 5 Years, with Anti-Quantum and Privacy as Primary Goals

Vitalik Buterin stated on platform X that Ethereum researchers have finalized the "Ethereum Slimming" roadmap during a recent meeting in Berlin. This roadmap is not a single upgrade but a series of forks spanning 3 to 4 years. Starting from the "I-star" fork, it will become the third major phase of Ethereum and will replace most core components. Core changes include shifting verification from direct execution to recursive STARKs, introducing 1 to 2 rounds of finality in consensus, multi-dimensional gas pricing, and completely replacing existing schemes with quantum-resistant cryptography. In terms of the state model, the current dynamic state will only expand to approximately 2TB, while new scalable states such as UTXO and ring buffers will be introduced, with a total size potentially reaching 100TB, suitable for ERC20, NFTs, and DeFi. After rewriting, transaction fees can be reduced by more than 10 times; complex applications like Uniswap pools will retain their old state without mandatory migration. Privacy will be elevated to a first-class design goal, with all new components required to support quantum-resistant, intermediary-free private transactions. Formal verification will be fully deployed, and the exploration of introducing RISC-V or leanISA as the underlying protocol VM will be undertaken. The EVM may transition into a compilation-layer feature in the future. Gas limits, Blob capacity, and block times will be increased multiple times over the next 5 years, with the Glasterdam fork first raising the gas limit. Regarding the fork order, the H-star Hegota fork will be the last "pre-slimming" fork, after which the era of slimming will begin.

Pudgy Penguins Announces Vibes Series 3 Trading Cards Launch at Retail Giant Target

NFT project Pudgy Penguins has announced an expansion of its physical retail footprint, with its trading card game Vibes Series 3 now available for sale across all channels of U.S. retail giant Target. Following the launch of Vibes Series 3, the total circulation of Pudgy Penguins trading cards has reached 15 million. The new series introduces new gameplay mechanics, original artistic designs, and incorporates character elements from Moonbirds.

LG Electronics to Develop New Blockchain Based on Arbitrum, ARB Jumps Over 5%

LG Electronics has selected the Ethereum Layer 2 network Arbitrum to develop a new blockchain to support advertising and media-related scenarios. Following the news, Arbitrum's native token ARB rose more than 5% in a single day.The network will be used for the placement, purchase, sale, and management of digital advertisements, as well as recording user interactions with ad content. Developed by Offchain Labs, Arbitrum utilizes Optimistic Rollup technology, aiming to provide a faster and lower-cost transaction experience on Ethereum.This is not LG's first foray into blockchain. Previously, LG launched the enterprise-grade blockchain Monachain through its IT service subsidiary LG CNS and developed the crypto wallet Wallypto. It also launched the Art Lab NFT marketplace, although the platform was shut down last year.

NFT lending platform NFTfi to shut down frontend and cease operations on August 31

NFTfi, an NFT抵押借贷平台, officially announced on X that due to the shrinking NFT market resulting in potential revenue being insufficient to cover operational costs, it has decided to gradually shut down the project over the coming months.Starting today, the platform will no longer support initiating new loans. Existing loans can be refinanced until July 31. Borrowers can repay loans at any time before August 31, and all existing loans will be executed according to their original terms. NFTfi will cease operations and take down its frontend website on August 31, 2026. The smart contracts will continue to operate autonomously on-chain, and users can directly repay loans and claim collateral through the contracts thereafter. Before the shutdown, the official team will release detailed instructions for directly interacting with the smart contracts. The Discord channel will remain open during this period to provide support.