News linked to both this project and an event.
an Optimism community governance proposal has been passed, reallocating 546.9 million OP tokens originally intended for user airdrops to the "Strategic Ecosystem Fund" managed by the Optimism Foundation, sparking discussions within the community over governance transparency and user rights.The OP tokens involved in this proposal account for approximately 12.7% of the total supply, valued at around $49.7 million at current prices. The Optimism Foundation stated that as the ecosystem strategy shifts toward institutional adoption and enterprise partnerships, large-scale user airdrops no longer fully align with the current development direction, and unused tokens can be deployed for ecosystem incentives, partnership building, and enterprise-level project expansion.The vote ultimately passed with 17.974 million OP in favor and 10.931 million OP against. The pivotal turning point came 16 minutes and 52 seconds before the vote closed, when Test in Prod (delegate.testinprod-io.eth), the core development team of the Optimism ecosystem, cast 8.486 million OP in support, raising the approval ratio from 45.77% to 61.84% and ultimately pushing the proposal through.Excluding Test in Prod's vote, the proposal's support rate would stand at only 46.47%, failing to pass, and the relevant tokens would likely have remained in the user allocation pool. The Optimism Foundation previously committed to disclosing the cumulative usage of the fund and related outcomes through annual budget reports. This vote has also reignited discussions about the influence of "large delegated voting power" in DAO governance and the balance of token holder rights. (CoinDesk)
Qwen releases Qwen-UI-Agent, positioned as a GUI agent foundation model for the real world, covering mobile, desktop, web, and DeepSearch environments. The model emphasizes reliable task execution on real devices, supports mixed GUI and CLI operations, batch actions, and long-horizon online reinforcement learning, while featuring security boundary control and cross-platform proactive service capabilities.
This funding round is supported by MH Ventures, Amber Group, ArkStream Capital, 0G Foundation, Kirin Capital, CatcherVC and New Oak International.
Odaily News - The Berachain Foundation has announced that its stablecoin HONEY has completed a brand rebranding, now renamed Bera USD with the ticker changed to BUSD. The contract address and the token itself remain unchanged; only the name and symbol have been updated.Since the token name is part of the EIP-712 domain separator design, permits or off-chain authorizations previously signed under the HONEY name will automatically become invalid and will need to be re-signed. Berachain stated that the BUSD-related updates will soon be fully rolled out across all integrated parties, with more updates to follow.
Odaily News: Hyperliquid ecosystem project team HyperLabs has unlocked 433,025 HYPE, worth approximately $23.46 million, and has been continuously depositing tokens into trading platforms, including Flowdesk and OKX. Tracking data shows that an additional 9.92 million HYPE is expected to be unlocked on September 6, worth approximately $589 million based on a price of $59.39. The Hyper Foundation publishes the claim amounts around the 6th of each month. In March, only 173,217 HYPE were actually claimed, lower than the planned 99,200 tokens. Tokenomist data shows that the aid fund has repurchased 11.9 million HYPE from the unlock schedule, accounting for approximately 14%. The repurchased tokens will be burned, reducing the current total supply to 955.3 million HYPE. Certified Public Accountant Dat Ngo stated that tax liabilities typically arise upon token vesting, and some holders may sell tokens to cover taxes. TMGM CPA Ashley Akin stated that if the market is not overly leveraged, the $581 million unlock can still be absorbed, but combined with margin requirements, it would increase trading difficulty. On-chain perpetual contract trading platform Hyperliquid does not restrict users from trading during certain news events. Market data shows that liquidation volume has dropped 71%, trading volume has fallen 50%, and open interest continues to decline. Bitcoin remains below $65,000, and the Federal Open Market Committee (FOMC) meeting minutes will be released ahead of the Federal Reserve's September 15-16 meeting. (Forbes Digital Assets)
Odaily News: The KITE Foundation has provided an update on the handling of a token security incident. A new KITE ERC-20 contract has been deployed on the Ethereum mainnet, with the total token supply remaining unchanged. Old KITE tokens will be migrated to the new contract at a 1:1 ratio. Addresses confirmed to be controlled by the attacker will be excluded and will not receive new tokens.The migration snapshot is based on Ethereum mainnet block height 25,692,498. Regular self-custody wallet users will receive the new tokens directly without needing to redeem or authorize anything. Exchange users will have their migration coordinated between the exchange and the KITE team. Cross-chain channels will remain paused until migration and verification are complete.Previously, KITE detected abnormal transfers on August 6 and confirmed it had been attacked by hackers. The team stated that this incident did not result in any asset losses for users or the project, and the impact is currently under control.
According to Cointelegraph, the Ethereum Foundation Protocol DevOps team issued a warning that due to significant adjustments to the Ethereum gas model in the upcoming Glamsterdam upgrade, some wallets, indexers, and gas estimators may experience malfunctions. Any tools relying on hardcoded maximum Gas limits will face the risk of becoming non-functional and need to be updated as soon as possible. EIP-8037 will introduce an independent "state Gas dimension" to handle operations that create new state—transfers to existing accounts will still be 21,000 Gas, but transfers to new accounts will incur additional state Gas fees. The Foundation recommends developers complete system testing on the public testnet Plataberget (launched on August 13) as soon as possible. The Glamsterdam fork is scheduled to activate on this testnet this Thursday, subsequently deployed to the Sepolia and Hoodi testnets, and finally launched on the mainnet. This upgrade also covers the Proposer-Builder Separation (PBS) mechanism, block-level access lists, as well as increases in contract and initialization code size limits.
Odaily News: The Ethereum Foundation (EF) has warned that the Gas model changes in the Glamsterdam upgrade may cause some wallets, indexers, and gas estimation tools to malfunction. The EF Protocol DevOps team stated that tools relying on hardcoded maximum gas limits will fail, and developers need to update their systems and test on the Plataberget public testnet. Plataberget went live on August 13 and is expected to run for several months. The Glamsterdam fork is scheduled to activate on the Ethereum network on Thursday, followed by deployment to the Sepolia and Hoodi testnets. EIP-8037 will introduce a separate state gas dimension for operations that create new state. Transferring ETH to an existing account will still require 21,000 gas, while transfers to new accounts will incur additional state gas; developers should also re-examine software that treats 21,000 gas as the cost for all ETH transfers, or that estimates transaction fees using only a single gas dimension. (Cointelegraph)
Odaily News: Stable has released an updated whitepaper, with its core design philosophy centered on rebuilding blockchain infrastructure around stablecoins. Unlike traditional public chains that treat stablecoins as application-layer assets, Stable uses USDT as its native gas asset and primary settlement asset, allowing users to complete transactions without holding additional volatile tokens. Additionally, the network supports PayPal-issued PYUSD as a first-tier settlement asset.In terms of tokenomics, the total supply of STABLE is 100 billion tokens. Of this, approximately 18 billion (18%) entered circulation at token generation, including 10% from the Genesis Distribution and 8% from the Foundation's first-day unlock; the remaining 82 billion (82%) are placed into a consolidated lock-up pool (Universal Lock).According to the whitepaper, the 82 billion locked tokens will adopt a unified release mechanism, unlocking gradually across 7 phases:Phase 1: 5% (4.1 billion) released on December 8, 2027Phase 2: 5% (4.1 billion) released on March 8, 2028Phase 3: 10% (8.2 billion) released on June 8, 2028Phase 4: 15% (12.3 billion) released on September 8, 2028Phase 5: 15% (12.3 billion) released on December 8, 2028Phase 6: 20% (16.4 billion) released on March 8, 2029Phase 7: 30% (24.6 billion) released on June 8, 2029All locked tokens will be unlocked through a daily linear release mechanism, with all tokens expected to fully enter circulation by December 8, 2029 at the latest. In addition, the whitepaper includes a price protection mechanism: if the 30-day volume-weighted average price of the token falls below $0.025 before the designated release date, the corresponding unlock phase may be delayed by up to 9 months.
Justin Drake stated that Ethereum L1 will no longer adopt the SNARK-friendly hash function Poseidon, which has dominated since 2019, shifting toward traditional hash functions such as SHA2 or BLAKE2s. This adjustment is based on progress in the SNARK design space, with the focus shifting from "SNARK-friendly hashing" to "hash-friendly SNARKs." By natively aligning Boolean operations in traditional hashing with binary fields, the proving performance of traditional hashes in SNARKs has reached 1 million operations per second, with an overhead of approximately 100x. Research efforts such as Binius and Flock have driven related progress. The Ethereum Foundation's post-quantum team is advancing this roadmap, which includes deploying a production-grade leanVM in 2027 and deploying across the consensus layer, execution layer, and data processing layer in 2028. Justin Drake also noted that AI's enhanced capabilities in cryptanalysis have recently dealt successive blows to the lattice-based scheme HAWK and the isogeny-based scheme SQIsign, with hash-based schemes being used for blockchain post-quantum signatures. The trend of open-source automated research is also accelerating, with SNARK.fast achieving 1.8 million BLAKE3 proofs per second.
Odaily News: Ethereum treasury company Sharplink (Nasdaq: SBET) announced it will stake $200 million worth of ETH through Lido, Ethereum's largest liquid staking protocol, to enhance returns on its ETH holdings.Sharplink stated that following this staking, the company will receive wrapped staked ETH (wstETH), which represents staked ETH and its rewards, with institutional-grade digital asset custodian Anchorage Digital responsible for custody. This allocation will further expand Sharplink's existing ETH staking and restaking strategies.Lido is currently one of Ethereum's largest liquid staking protocols, with approximately $16.5 billion in ETH staked on the platform. Its wstETH token has been integrated by over 100 protocols, with roughly $10 billion currently used as DeFi collateral. While holding wstETH, users' underlying ETH continues to accrue staking rewards and can still be utilized within the Ethereum DeFi ecosystem.Sharplink CEO Joseph Chalom stated that introducing Lido will further enhance the productivity of the company's ETH assets, leveraging wstETH's composability while maintaining institutional-grade risk management standards. This collaboration will strengthen the diversification of the company's treasury strategy and provide access to one of the most liquid and widely used assets in the Ethereum DeFi ecosystem.Vasiliy Shapovalov, Executive Director of the Lido Labs Foundation, stated that Sharplink's increased use of Ethereum's native staking protocols and DeFi ecosystem reflects its support for the Ethereum application ecosystem. (Globenewswire)
Odaily News: The cross-chain bridge connecting XRP Ledger and Coreum was attacked on August 9. The attacker exploited a validation logic vulnerability to steal approximately 199,900 XRP, reducing the bridge's asset balance from roughly 200,400 XRP to 493.5 XRP. The attack did not involve private key leaks and did not target the XRP Ledger protocol itself. The attacker forged deposit operations, causing the bridge system to recognize them as legitimate deposits and triggering the bridge wallet on the other end to send real XRP. On-chain data shows that the attacker completed the fund transfer through 94 multi-signature authorization transactions within 97 minutes. These transactions required signatures from 17 of the 28 relay node keys, allowing the attacker to bypass the bridge's validation mechanism. As of August 11, the Coreum cross-chain bridge remains suspended, and the Coreum Development Foundation has not yet released an official incident report. The XRP mainnet and user private keys remain unaffected and secure.
Odaily News ENS DAO has voted to pass the "Next Era of ENS DAO" proposal and completed on-chain execution, officially establishing the ENS Foundation to usher the ENS ecosystem into a new phase of governance.According to the proposal, the ENS Foundation will become a fully operational organization, equipped with a full-time executive director, a professional team, and a board of directors consisting of 5 members. It will be responsible for ENS's institutional work in legal, policy, standards-setting, and brand protection. ENS stated that over the past nearly decade, it has developed into critical infrastructure within the Ethereum ecosystem, with millions of registered domain names and integration across numerous wallets, applications, and Layer 2 networks. However, the DAO itself lacks a legal entity status, which prevents it from effectively participating in internet naming system governance, signing institutional cooperation agreements, hiring full-time employees, safeguarding trademark rights, or engaging in regulatory discussions. The establishment of the ENS Foundation aims to fill this gap. Going forward, the Foundation will be responsible for:1. Representing ENS in internet standards organizations such as ICANN, IETF, and W3C, to promote the recognition and management of the ".ens" top-level domain (TLD);2. Participating in policy discussions as a legal entity, communicating with regulators and government agencies;3. Holding and protecting ENS trademarks and intellectual property, and combating phishing and impersonation activities;4. Hiring full-time employees to manage ecosystem operations, grant programs, and treasury management;5. Serving as the formal cooperation entity between traditional institutions such as registrars and standards organizations and the ENS ecosystem.
According to The Block, open-source Bitcoin payment processor BTCPay Server disclosed a critical security vulnerability being actively exploited last Friday and urgently requested users to upgrade to version 2.4.2. The vulnerability affects all versions prior to 2.4.2; attackers can use it to steal administrator macaroon authentication credentials of LND nodes, thereby fully controlling the connected Lightning Network wallets. Users such as Foundation and Citadel21 have confirmed that their Lightning node funds were drained, but BTCPay has not publicly disclosed the total amount stolen or the number of affected nodes. Currently, the official release version 2.4.2 has fixed this vulnerability, and on-chain hot wallets are not affected. The BTCPay Server Foundation has donated 0.21 BTC each to security researcher Craig Raw and Bitcoin Red Team to commend their responsible private disclosure of the vulnerability. Meanwhile, BTCPay supporters have promised to provide a bounty incentive of "10% of recovered funds," capped at 3 BTC.
Odaily News: UAE-based foundation Aqua1 Foundation purchased $100 million worth of governance tokens from decentralized finance project World Liberty Financial (WLFI) on June 26, marking the largest single publicly disclosed purchase of the token to date. The funds trace back to Chinese businessman Guren "Bobby" Zhou, with up to $75 million flowing to entities linked to the Trump family and World Liberty Financial co-founder Zach Witkoff. WLFI tokens confer governance and voting rights and do not represent equity in the company. Zhou was arrested in the UK in March 2021 on suspicion of money laundering, with UK law enforcement investigations still ongoing as of late July 2026. Two of his long-time employees were indicted in September 2025, one of whom has pleaded guilty, with trial scheduled for 2028. Zhou has not yet been formally charged. Zhou met with Eric Trump in Dubai to discuss the investment and described it as participation in the "Trump family's crypto project." The source of the $100 million Aqua1 used to purchase WLFI remains unclear, and public information does not indicate any direct link between these specific funds and money laundering activities. (Bitcoin.com News)
Sky Frontier Foundation released the July 2026 Operations and Financial Update. The report shows that Sky Protocol achieved total protocol revenue of $107.35 million and a net protocol surplus of $33.29 million in the second quarter of 2026, maintaining a surplus for the fifth consecutive quarter, with protocol collateral scale increasing year-over-year.
According to an official announcement, Cardano Foundation Chief Technology Officer Giorgio Zinetti will depart from the foundation on August 31. The foundation expressed its gratitude for his support and significant contributions to the development of the foundation and Cardano since he assumed the role of Chief Technology Officer in 2024.
According to Cointelegraph, BTCPay Server has temporarily restricted public remote connections to Lightning Network nodes due to attackers exploiting a critical vulnerability in LND (Lightning Network Daemon) to steal node credentials and transfer funds. Version 2.4.2 has upgraded to LND 0.21.1 and automatically rotates macaroon credentials in standard installations. The project team reminds operators to check for abnormal payments, channel closures, and balance changes as soon as possible; if nodes are exposed via self-built reverse proxies, Tor services, or port forwarding, relevant credentials must also be manually replaced. Currently, Foundation and Citadel21 have reported node fund losses, but the specific scale of losses has not yet been disclosed.
Bitcoin payment processing service BTCPay Server has temporarily restricted public remote connections to Lightning Network nodes running Lightning Network Daemon (LND) software. Attackers exploited a severe vulnerability to obtain credentials and transfer funds. The number of affected operators and the total amount stolen have not yet been disclosed. This restriction affects external wallets such as Zeus that connect via BTCPay Server domains or Tor onion addresses in Docker deployments, but Lightning Network payments can still continue. BTCPay Server stated that remote access functionality will be restored once security is confirmed. BTCPay Server 2.4.2 will install LND 0.21.1 and automatically regenerate macaroon credentials during standard installation. Foundation and Citadel21 have respectively disclosed that funds from their Lightning Network nodes were swept. Foundation stated that hot wallets were not affected, and the specific amounts of losses have not been disclosed.
Odaily News: Anas posted on platform X, stating that the Solana perpetual contract protocol FlashTrade will be shutting down the project and seeks to sell its existing tech stack to compensate FAF holders. Anas cited severe internal team disagreements, a shrinking market, and a prolonged lack of profitability as reasons for the closure, adding that what hurt him most personally was the Solana Foundation's indifference toward the team. He claimed that the Solana Foundation only fully supports one team because it believes this contributes to Solana's success, while emphasizing that he is not blaming the foundation for the project's failure and acknowledged being overly emotional about the matter. Solana co-founder Anatoly Yakovenko subsequently responded, stating that the foundation cannot determine whether a product succeeds, as its primary role is to assist with go-to-market efforts and expand exposure at product launch, and that ultimately, whether attention translates into users depends on the product itself.