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Project Overview
Defiant is a memecoin project on Solana that emphasizes community participation and decentralized governance, as well as the idea of fairness.
Arbitrum Activates ArbOS 61 Elara Upgrade, Introducing Optional Compliance Filtering and Priority Fee Support for Dedicated Chains
According to The Defiant, Arbitrum officially activated the ArbOS 61 Elara upgrade on August 20, which was approved for deployment via an ArbitrumDAO governance vote. The core features of this upgrade include: introducing an optional protocol-level transaction filtering mechanism for Dedicated Chains, allowing chain owners to independently select external compliance service providers such as TRM Labs and Chainalysis to configure restricted address rules; the filter is disabled by default and does not affect existing Arbitrum One users; adding Priority Fee support, also disabled by default, with its activation on Arbitrum One still requiring a separate DAO constitutional vote; introducing the BaseFeeManager contract, which authorizes Offchain Labs to adjust the L2 minimum Gas fee within a DAO-approved range of 0.01 to 0.10 gwei over a two-year authorization period; additionally, the maximum code size limit for Stylus contracts has been increased from 24 KB to 96 KB, though this does not apply to Solidity contracts.
Ethereum NFT marketplace Foundation permanently shuts down due to failed sales transactions
According to The Defiant, the NFT marketplace Foundation has permanently shut down following the failed sale to digital art display company BlackDove. Its platform infrastructure has been taken offline, and there are currently no plans to relaunch it. Foundation’s founder, Kayvon Tehranian, stated that the company had originally hoped to extend its operations through the sale, but the deal fell through—and the team concluded there was no need to continue seeking a buyer. Foundation previously facilitated approximately $230 million in primary sales. The report notes that BlackDove, after conducting comprehensive due diligence following operational handover, decided instead to build its own proprietary marketplace. Foundation also announced it will continue providing a fixed one-year service for media and metadata hosted on IPFS; users must manually cancel their listings and withdraw their NFT assets.
Arbitrum Activates ArbOS 61 Elara Upgrade, Introducing Optional Compliance Filtering and Priority Fee Support for Dedicated Chains
According to The Defiant, Arbitrum officially activated the ArbOS 61 Elara upgrade on August 20, which was approved for deployment via an ArbitrumDAO governance vote. The core features of this upgrade include: introducing an optional protocol-level transaction filtering mechanism for Dedicated Chains, allowing chain owners to independently select external compliance service providers such as TRM Labs and Chainalysis to configure restricted address rules; the filter is disabled by default and does not affect existing Arbitrum One users; adding Priority Fee support, also disabled by default, with its activation on Arbitrum One still requiring a separate DAO constitutional vote; introducing the BaseFeeManager contract, which authorizes Offchain Labs to adjust the L2 minimum Gas fee within a DAO-approved range of 0.01 to 0.10 gwei over a two-year authorization period; additionally, the maximum code size limit for Stylus contracts has been increased from 24 KB to 96 KB, though this does not apply to Solidity contracts.
Crypto KOL Ansem Launches Token Launchpad ansem.io
According to The Defiant, crypto influencer Zion "Ansem" Thomas officially launched ansem.io on August 17. The platform disrupts the traditional KOL paid promotion model—project teams do not need to pay cash or tokens to KOLs, but instead airdrop at least 3% of the token supply to $ANSEM holders and burn $ANSEM to improve their ranking on the platform's leaderboard z500. The platform features two tiers of badges: Gold (requires burning 25,000 $ANSEM, approx. $7,600) and Diamond (requires burning 100,000 $ANSEM, approx. $30,300). Diamond-level projects can receive pre-launch audit and cross-channel promotion from Thomas's team. All tokens created on ansem.io are pump.fun tokens. As of 5:19 PM on the launch day, the platform had launched 19 tokens, airdropped approximately $211,500 to 26,700 wallets, burned 929,647 $ANSEM, and reached a cumulative trading volume of $103 million. Affected by this news, $ANSEM rose 27.5% within 24 hours, trading at $0.303, with a circulating market cap of approximately $126 million.
Boltz Founding Team Exits, Anonymous Bitcoin Team Takes Over Suspended Swap Service
According to The Defiant, Boltz announced that its original founders have all exited, and an anonymous team of "senior Bitcoin figures" will take over the suspended Bitcoin Swap service. The new team will provide funding and engineering support to fix vulnerabilities and push for the service to resume as soon as possible.
ENS DAO Governance Crisis: Founder Unilaterally Blocks Security Council Renewal, Community Calls for Dissolving DAO
According to The Defiant, ENS DAO is facing a serious governance crisis. ENS co-founder Nick Johnson holds approximately 3.26 million ENS tokens, accounting for nearly 50% of all currently delegated voting power. On June 30, he voted against the on-chain binding vote for the Security Council renewal, causing the proposal to fail with 82% opposing votes; the Security Council authorization will expire on July 24. Previously, Johnson also self-delegated a significant amount of voting power to support a proposal to transfer the DAO operating wallet, ENS token holdings, and the endowment managed by Karpatkey to the ENS Foundation's five-member board, triggering strong community skepticism regarding "governance capture." Rotki founder Lefteris Karapetsas stated plainly "DAO is dead," while Security Council member Brantly Millegan characterized the proposal as "fiscal capture by ENS Labs." In response, "The DAO" original code author Christoph Jentzsch publicly proposed directly dissolving ENS DAO, suggesting destroying the ENSv2 universal router key and distributing remaining funds to formally transform the protocol into public infrastructure. Currently, Security Council on-chain voting will close on July 5, ENS Labs COO Katherine
Ethereum Foundation’s Kohaku Launches Wallet Privacy Integration SDK, Enabling Ethereum Wallets to Integrate Protocols Such as Railgun
According to The Defiant, the Ethereum Foundation’s Kohaku Initiative has released an SDK for integrating privacy protocols into Ethereum wallets. A functional 4337 mempool relay supporting private transactions is now available in version v0.0.1-alpha.21 of the kohaku-eth/railgun integration. This SDK aims to integrate shielded-pool protocols—such as Railgun, Tornado Cash, and Privacy Pools—directly into wallet interfaces, reducing reliance on centralized relay infrastructure. Kohaku has also demonstrated a CLI-based wallet and is advancing integration with production-grade wallets like Ambire, while simultaneously developing post-quantum accounts, multisig support, and hardware wallet compatibility.
BNB Chain Launches On-Chain Agent Identity and Payment Framework, Introducing ERC-8004 Standard
According to The Defiant, BNB Chain announced its on-chain agent framework on May 13, enabling autonomous agents to obtain verifiable decentralized identities via ERC-8004, receive on-chain payments, hire other agents, and build verifiable reputations. The framework also supports task delegation via ERC-8183, with associated reputation records viewable on 8004scan. BNB Chain states that the system operates entirely on-chain, with transactions and agent hierarchical relationships fully transparent and auditable. Its functional modules integrate native smart contract execution on BNB Chain, natural-language querying of on-chain data, multi-chain connectivity via Nodereal MegaNode API, and Meme token management capabilities powered by fourdotmemezh Agent Skills.
Related news
Arbitrum Activates ArbOS 61 Elara Upgrade, Introducing Optional Compliance Filtering and Priority Fee Support for Dedicated Chains
According to The Defiant, Arbitrum officially activated the ArbOS 61 Elara upgrade on August 20, which was approved for deployment via an ArbitrumDAO governance vote. The core features of this upgrade include: introducing an optional protocol-level transaction filtering mechanism for Dedicated Chains, allowing chain owners to independently select external compliance service providers such as TRM Labs and Chainalysis to configure restricted address rules; the filter is disabled by default and does not affect existing Arbitrum One users; adding Priority Fee support, also disabled by default, with its activation on Arbitrum One still requiring a separate DAO constitutional vote; introducing the BaseFeeManager contract, which authorizes Offchain Labs to adjust the L2 minimum Gas fee within a DAO-approved range of 0.01 to 0.10 gwei over a two-year authorization period; additionally, the maximum code size limit for Stylus contracts has been increased from 24 KB to 96 KB, though this does not apply to Solidity contracts.
Crypto KOL Ansem Launches Token Launchpad ansem.io
According to The Defiant, crypto influencer Zion "Ansem" Thomas officially launched ansem.io on August 17. The platform disrupts the traditional KOL paid promotion model—project teams do not need to pay cash or tokens to KOLs, but instead airdrop at least 3% of the token supply to $ANSEM holders and burn $ANSEM to improve their ranking on the platform's leaderboard z500. The platform features two tiers of badges: Gold (requires burning 25,000 $ANSEM, approx. $7,600) and Diamond (requires burning 100,000 $ANSEM, approx. $30,300). Diamond-level projects can receive pre-launch audit and cross-channel promotion from Thomas's team. All tokens created on ansem.io are pump.fun tokens. As of 5:19 PM on the launch day, the platform had launched 19 tokens, airdropped approximately $211,500 to 26,700 wallets, burned 929,647 $ANSEM, and reached a cumulative trading volume of $103 million. Affected by this news, $ANSEM rose 27.5% within 24 hours, trading at $0.303, with a circulating market cap of approximately $126 million.
Neynar Announces Search for New Owner for Farcaster; Protocol Revenue Plummets 99% Just Seven Months After Acquisition
According to The Defiant, Rish Mukherji, co-founder of Neynar, the current operator of decentralized social protocol Farcaster, announced on August 17 that the company has initiated a process to seek a new team to take over Farcaster, token launchpad Clanker, and its own developer platform, and Neynar staff will be laid off accordingly. This marks the second change of ownership for Farcaster within 2026. In January of this year, the original founding team Merkle Manufactory transferred the protocol contracts, codebase, Farcaster App, and Clanker entirely to Neynar, and original founders Dan Romero and Varun Srinivasan subsequently joined Tempo, a payment public chain incubated by Stripe and Paradigm. The sharp deterioration of Farcaster's economic data is the core reason for this sale. According to DefiLlama data, protocol fees fell from $35.43 million in Q1 2026 to $4.67 million in Q2, recorded only $376,700 in the third quarter as of August 17, and revenue in the past 30 days shrank further to $120,000. Meanwhile, CLANKER token buybacks supported by protocol revenue have completely stopped, with CLANKER currently trading at 12
Boltz Founding Team Exits, Anonymous Bitcoin Team Takes Over Suspended Swap Service
According to The Defiant, Boltz announced that its original founders have all exited, and an anonymous team of "senior Bitcoin figures" will take over the suspended Bitcoin Swap service. The new team will provide funding and engineering support to fix vulnerabilities and push for the service to resume as soon as possible.
Crypto card issuer Kulipa suddenly collapses, Ready, Solflare and multiple other crypto card projects forced to halt
According to The Defiant, Paris-based startup Kulipa suddenly ceased operations due to solvency issues, causing the simultaneous disruption of card projects for approximately 20 crypto wallets and fintech companies it served. Self-custody wallet Ready (formerly Argent) and Solana wallet Solflare were both affected, with user card services immediately disabled. Since both wallets utilize a self-custody architecture, funds are deducted from user wallets only at the time of spending, so user assets remained unaffected. Notably, Kulipa completed a $6.2 million seed funding round co-led by Flourish Ventures and 1kx in April this year, only about 4 months prior to its collapse.
HSBC Completes First Digital-Native Structured Product Issuance in Hong Kong
According to The Defiant, HSBC completed the first private placement of a digital-native structured product in Hong Kong, with USD-denominated notes issued directly on the blockchain (rather than digitized after issuance). Marketnode served as the tokenization agent and digital payment agent, responsible for managing the flow of funds between the issuer and investors. This issuance was positioned as a pilot project aimed at verifying the application potential of tokenization technology throughout the product's full lifecycle (issuance, settlement, ongoing servicing). It is a continuation of HSBC's multi-year strategic layout in the digital asset sector. Previously, the bank launched the HSBC Orion tokenization platform and retail gold tokens, and participated in the Monetary Authority of Singapore's Project Guardian alongside Marketnode and UOB.