News linked to both this project and an event.
The Kite Foundation stated that it detected attacks targeting KITE tokens. After the security system discovered abnormal KITE token transfer activity on the Ethereum mainnet, the team immediately initiated the incident response mechanism and suspended KITE token transfers and cross-chain bridging on the Ethereum mainnet. The Foundation stated that the affected tokens have been frozen in place, cannot be transferred, and will not flow into the secondary market. Currently, the scope of the incident is limited to the Ethereum mainnet, and the relevant tokens have not moved since then.
Odaily News Coinbase has released its Q2 2026 Solana validator operations report, stating that its Solana validator nodes outperform the network average in terms of yield, stability, and infrastructure distribution. Data shows that Coinbase currently stakes approximately 41.63 million SOL across 23 validator nodes, accounting for 9.72% of Solana's total staked supply, with nodes distributed across 7 countries, including the United States, United Kingdom, Germany, Japan, Singapore, and other regions. Key operational metrics are as follows:Staking scale: 41.63 million SOL, representing 9.72% of total network staked supply;Staking yield: Q2 2026 quarterly APY of 6.52%, higher than the network average of 6.38%, outperforming by 14 basis points;Block skip rate: 0.035%, lower than the network average of 0.136%, approximately one-quarter of the network average.Coinbase stated that its validator nodes employ a multi-client architecture, currently running four clients, including Harmonic, Jito, JitoBAM, and Firedancer. All solutions have been reviewed by the Solana Foundation and do not employ aggressive MEV timing strategies that could impact user experience. In terms of infrastructure, Coinbase has deployed its validator nodes across two independent bare-metal service providers, with off-site backups configured for each node to mitigate single points of failure. Additionally, the company stated that it has migrated its entire validator cluster to the DoubleZero network, achieving approximately 99.9% session availability.Coinbase also revealed that it is preparing for Solana's Alpenglow consensus upgrade, expected to advance later in 2026, including running community test nodes, developing new consensus health monitoring tools, and completing related vote account upgrade verification.
The Ethereum Foundation's "Trillion Dollar Security" initiative announced a grant to the Freedom of the Press Foundation to support the continued development of the open-source tool WEBCAT. This tool helps browsers verify whether the frontend code actually delivered by a website matches the version released by the developer, reducing security risks associated with frontend tampering.
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.
Eliza Labs founder Shaw Walters announced the official "death" of the ai16z/ElizaOS token, and the relevant foundation will close. This stems from a class-action lawsuit initiated by the law firm Burwick Law on behalf of holders. Unable to bear litigation costs, the foundation chose to settle and pay out all remaining treasury funds. Shaw stated he never sold ai16z tokens or profited from them, receiving only a base salary equivalent to engineers, and is currently living off savings. He emphasized he will continue developing Eliza's underlying technology but clearly stated no tokens will be associated with Eliza going forward. He advised holders to dispose of their tokens independently, as the foundation will not provide any buyback support.
According to official news, Monad announced that the inaugural Open Summit will be held in Singapore on October 6. The summit will take place on the eve of the Singapore Token2049 conference. The Monad Foundation will bring together founders, developers, venture capitalists, and institutions in Singapore to share with the public the on-chain economic development marking the first anniversary of Monad's mainnet launch. Monad is a dynamic economic ecosystem composed of approximately 200 validator nodes spread across more than 30 countries/regions, supporting over 150 applications covering payments, real-world assets, trading, and many other fields. As the theme of this summit, Open represents the multiple core principles of Monad's open finance: Open Access: Permissionless, no gatekeepers Open Market: Fair, anti-MEV infrastructure designed to create a level playing field Open Source: Free developer tools available for anyone to use Open to Everyone: Accessible to all According to details, Open Summit tickets also include admission to the Open official celebration party Burning Mon. Users can currently access the event page to reserve and purchase.
: Evan Cheng, co-founder of Mysten Labs, the development entity behind Sui, stated that within the next four years, the scale of digital payments carried by Sui will be comparable to the combined scale of traditional internet bank card networks and bank payment rails. Mysten Labs was founded in 2021 by engineers who previously worked on Meta's discontinued Diem blockchain and the Move programming language. Cheng positions Sui as settlement infrastructure for stablecoins, remittances, and agent-to-agent commerce between AI systems. Since June 10, when Mysten Labs removed gas fees for stablecoin transfers at the protocol level, Sui has processed over $65 billion in stablecoin transfers. Since the beginning of 2024, Sui's cumulative stablecoin transaction volume has reached $2.27 trillion. Sui's Hashi testnet went live on July 22, allowing Bitcoin to be used as collateral for decentralized finance loans on Sui without being wrapped as a synthetic token. The bridge was built by Mysten Labs and the Sui Foundation in collaboration with more than 20 participating institutions.
Odaily News: Hardware wallet manufacturers Trezor and Foundation have warned that following the disclosure of a Coldcard firmware vulnerability, phishing attempts targeting hardware wallet holders have increased, with attackers soliciting recovery phrases and luring victims into downloading malware. Security firm Proofpoint has detected phishing emails impersonating Coldcard, inviting users to complete a "hardware audit" with links to a cloned website. After clicking, users download a batch file hosted on GitHub that installs the remote access tool ScreenConnect. Proofpoint stated that the fraudulent website also features a customer service chat window, where real people guide victims through the installation process. This remote access tool can provide attackers with a pathway to steal data and funds, or further deploy malicious programs such as ransomware. Galaxy Research has confirmed three rounds of theft since July 30, with high-confidence losses of 1,596 BTC, exceeding $100 million; if a fourth round not yet confirmed with victims is included, total losses could reach $130 million.
ENS DAO has published a new proposal on the X platform, aiming to establish a full-time operations foundation and set up a five-person board of directors responsible for managing the endowment fund.According to the proposal, ENS DAO plans to allocate 1 million ENS tokens for the foundation’s employee salaries. Token holders will retain control over the protocol, including ENS held by the DAO, operational wallets, and the authority to appoint and remove foundation directors.
Solana tweeted that South Korean fintech company KSNET has signed a memorandum of understanding with the Solana Foundation to integrate Solana Pay into its payment network. The network covers over 330,000 merchants and has a monthly transaction volume of approximately $4 billion.
During the 11th year of Ethereum, the Ethereum Foundation underwent organizational restructuring, including leadership departures, layoffs, the introduction of a new CROPS mandate, and the spin-off of EthLabs, Ethereum Systems, and Ethereum Institutional as independent entities. The Ethereum Foundation seeks to further decentralize its role within the ecosystem. Concurrently, Ethereum continued to advance its technology and institutional adoption, launching the Fusaka upgrade and attracting participation from Wall Street institutions such as BlackRock and JPMorgan; cumulative inflows into US spot Ethereum ETFs have exceeded $11.23 billion.
Sui Foundation and Mysten Labs launched the Bitcoin mortgage protocol Hashi testnet on July 22, allowing BTC to provide collateral support for on-chain lending and credit markets without being wrapped into synthetic tokens or bridged across chains. Hashi keeps Bitcoin on the Bitcoin network, with deposits secured by a 2-of-2 multi-signature mechanism that requires simultaneous signatures from Hashi's multi-party computation validators and an independent Guardian Layer. Loan terms and collateral positions are recorded on-chain, allowing lenders to view the collateral backing. Over 25 institutional partners are testing Hashi's lending and credit applications, including Bitgo, Cumberland, FalconX, Ledger, Blockdaemon, Bullish, as well as Sui ecosystem lending platforms Navi and Scallop. Wave Digital Assets has committed to advancing a three-year Bitcoin yield bond tokenization plan on Sui after the Hashi mainnet launch. Hashi has not yet announced a mainnet launch date. Sui previously unveiled the Hashi development network phase in March, positioning the protocol as a solution to improve capital efficiency for the approximately 1.4 trillion dollar Bitcoin market.
NVIDIA CEO Jensen Huang stated in an Axios interview that distillation (AI learning from other AI) is the foundation of intelligence, that it is good that AI can learn, and that smarter AI is also safer. He predicts that in the coming years, 99% of internet content may be generated by AI, and AI systems will continuously distill knowledge and intelligence from other AI. Previously, there was controversy in the industry over whether open-source models should be allowed to distill closed-source models; Jensen Huang's statement supports open learning paths.
According to IT Home, NVIDIA donated a supercomputer built based on GB300 "Grace Blackwell" servers to the Naval Postgraduate School Foundation, marking the first time the US military has directly deployed NVIDIA's most advanced AI computing platform. The system has been deployed on the campus of the Naval Postgraduate School in Monterey, California, with the specific scale undisclosed. NVIDIA CEO Jensen Huang stated that artificial intelligence will become an important pillar of the US defense system.
The Polygon Foundation stated that the Ithaca hard fork has been successfully deployed to the Amoy testnet and is scheduled to activate on the Polygon mainnet at block height 50,185,000 around 14:00 (UTC) on July 29.
According to an official post from Midnight Foundation (@midnightfdn), the Wanchain Cardano<>BNB cross-chain bridge suffered a security attack. Currently, multiple major exchanges including KuCoin, Kraken, Binance, Bybit, OKX, and MEXC have responded rapidly, taking preventive measures to restrict the flow of stolen assets, including freezing relevant accounts and addresses, blacklisting the attacker's wallets, and suspending NIGHT token deposit and withdrawal services. The exchanges confirmed that this incident is an isolated third-party bridge vulnerability and is unrelated to the Midnight Network mainnet and the NIGHT asset itself.
the Midnight Foundation has provided an update on the handling of the cross-chain bridge attack event involving Wanchain Cardano and BNB. Multiple exchanges including KuCoin, Kraken, Binance, Bybit, OKX, Gate, and MEXC have coordinated risk control actions, temporarily freezing the involved accounts and associated addresses, adding the hacker wallet to a blacklist, and pausing NIGHT token deposits and withdrawals as needed to curb the transfer and cashing out of stolen assets.The Foundation specifically noted that this security incident is an isolated incident related to a third-party cross-chain bridge, and the Midnight mainnet and native NIGHT assets have not been affected. The project team continues to collaborate with major exchanges and ecosystem partners to advance traceability investigations, reminding the community to rely on official disclosures for information and to be cautious of misinformation.
: Qiming Venture Partners has released the "2026 Qiming Venture Partners Top 10 AI Outlook," which focuses on four major directions: foundation models, embodied intelligence, AI infrastructure, and AI applications, predicting the development trends of the artificial intelligence industry over the next 12 to 24 months. In terms of AI infrastructure, the demand for AI computing power is shifting from the training phase to the inference phase. Segments such as storage, advanced process technology, and advanced packaging will continue to face structural shortages. Over the next two years, computing power asset reserves will become a crucial strategic resource for AI companies. The competition in AI infrastructure will also evolve from competition centered on single chips to system-level competition encompassing chips, interconnects, cooling, power supply, and other components. In the next 12 to 24 months, the commercialization of AI applications will focus more intensively on vertical industries and high-paying users. Applications that improve enterprise efficiency will take off first. Meanwhile, as token costs decrease and interaction models innovate, phenomenal AI consumer applications are also expected to gradually emerge.Furthermore, Qiming Venture Partners anticipates that AI-Native organizations will move from concept to practical implementation. Some companies are expected to achieve several times the per capita productivity improvement compared to traditional organizations.
: The South Korean government plans to invest approximately 4 trillion won next year to procure 10,000 of NVIDIA's latest Vera Rubin GPUs, aiming to support the expansion of public-facing services such as "AI for All" and the construction of a national-level AI infrastructure. The Ministry of Science and ICT plans to extend the "Project for Strengthening the Foundation for Utilizing AI Computing Resources" and configure all GPUs introduced next year as Vera Rubin. This project entrusts private companies, such as cloud service providers operating data centers, with the entire process of GPU procurement, construction, and service provision, funded by the government budget. Over the past two years, through this project and other means, the South Korean government has secured over 30,000 GPUs, providing them to both the public and private sectors. Compared to the previous generation Blackwell architecture, the Vera Rubin offers up to a 6-fold improvement in training performance and over an 8-fold improvement in inference performance. A source from the Ministry of Science and ICT stated that the specific GPU procurement plan and budget size have not yet been finalized. Industry insiders mentioned that current data center space is insufficient, making it challenging to secure large-scale new resources by next year. The government is currently evaluating various alternative plans.
: Zcash has launched a new full node, Zakura, maintained by a team independent of the Zcash Foundation. It is released as a fast-sync branch that is a trimmed version of Zebra and is compatible with the legacy zcashd client, whose lifecycle will end on July 18th. Zakura is part of Zcash's scaling efforts, working in conjunction with Project Tachyon and private information retrieval research. The goal is to increase network throughput to the level of Visa and Mastercard by reducing verification data and eliminating wallet performance bottlenecks. Zakura also supports the Ironwood (NU6.3) upgrade, which will be activated on July 28th. This upgrade introduces a turnstile mechanism to limit withdrawals from the Orchard shielded pool and to control the creation of counterfeit ZEC that could be generated by potential long-term soundness bugs.