News Heat Trend
Project Overview
Native is a global broker that connects traditional insurance with on-chain capital, offering on-chain and off-chain risk products with limits up to $20 million. Its mission is to solve the long-standing underinsurance problem for digital assets.
Alpaca Completes $135 Million Financing, Advancing Tokenized Markets and AI-Native Financial Services Infrastructure
According to BusinessWire, Alpaca announced the completion of $135 million in financing, led by Peak XV with participation from Elefund, and new and existing shareholders also include Opera Tech Ventures and Unbound under the BNP Paribas Group. The company stated that the new funds will be used to accelerate the development of its agent-oriented brokerage infrastructure and API-centric prime brokerage business to support the development and expansion of investment products for traditional and on-chain markets.
TownSquare Announces $10 Million Monad-Based Yield Vault in Collaboration with Native
TownSquare, an infrastructure provider for institutional yields and cross-chain lending brokerage services, has partnered with Native, a non-custodial automated trading infrastructure, to launch a $10 million yield-generating vault on the Monad L1. This vault will support assets including USD1, USDC, cbBTC, and MON, offering higher yields than conventional lending through trading-based yield generation. This marks TownSquare’s first collaboration with a trading-based yield manager. The partnership aims to bring real-world asset (RWA) and stablecoin institutional yields to a broader user base. Native is a close partner of Binance Wallet and Buidlpad, having previously launched vaults for BNB and wETH on BNB Chain and Ethereum—demonstrating its stability, scalability, and ability to generate yields for liquidity providers (LPs) managing tens of millions of dollars. This initiative also represents the first trading-yield vault on the Monad chain. Native already operates credit pools across multiple EVM chains with over $35 million in liquidity, achieving daily trading volumes of $50–100 million and cumulative trading volume exceeding $25 billion. Its Proactive Market Making (PMM) structure enables retail users to access institutional-grade trading yields. TownSquare previously launched a $100 million USD1 liquidity program and has raised over $16 million to date—including funding from this collaboration.
Enterprise-level Native AI Platform Pit Completes $16 Million Funding Round Led by a16z
enterprise-level native AI platform Pit has announced the completion of a $16 million funding round, led by a16z, with participation from Lakestar and executives from leading AI companies such as OpenAI, Anthropic, Google, Deel, and Revolut. It is reported that Pit is positioned as an "AI product team as a service," aiming to replace traditional spreadsheets and rigid SaaS systems.
Solv Protocol Integrates Utexo to Launch Native Bitcoin Yield Solutions Based on RGB and the Lightning Network
According to GlobeNewswire, Solv Protocol announced a strategic integration with Utexo to launch a native Bitcoin yield solution built on the RGB protocol and the Lightning Network. This solution enables atomic swaps between native BTC and USDT—without wrapping, cross-chain bridges, or custodians. It emphasizes self-custody, privacy protection, and final settlement, aligning with Tether’s prior announcement of natively issuing USDT on an RGB-compatible Lightning Network. Additionally, Solv participated as a strategic angel investor in Utexo’s $7.5 million seed funding round, led by Tether.
Native token INIT unaffected, Initia exploit may involve MoveVM Day 0 vulnerability
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.
Circle CCTP Expands Support for EURC Native Cross-Chain Transfers
According to Circle's official blog, Circle's cross-chain infrastructure CCTP has officially expanded support for native cross-chain transfers of the euro stablecoin EURC. EURC operates on the same "burn-and-mint" model as USDC, with initial cross-chain settlement support between Ethereum and Base. Developers can transfer both USDC and EURC via a single unified interface without connecting to multiple bridge providers, effectively reducing integration complexity and enhancing liquidity efficiency. EURC is issued by a regulated affiliate of Circle, while CCTP does not hold or manage user assets.
Banxa Launches Native Infrastructure to Embed Stablecoin Buying and Selling Processes into Partner Applications
According to BeInCrypto, payment company Banxa launched Banxa Native on August 20, providing embedded fiat deposit and withdrawal infrastructure for wallets, exchanges, and fintech platforms. Partners can execute fiat purchases or sales of crypto assets within their own interfaces, while Banxa provides backend pricing, compliance verification, and settlement services, reducing the need to redirect to third-party pages or undergo repetitive KYC verifications. For example, users can directly purchase USDC via Apple Pay, Google Pay, or bank cards within the wallet; for users who have already completed identity verification, their KYC information can be passed from the partner platform to Banxa, streamlining the process for subsequent transactions. Trust Wallet CEO Felix Fan stated that this partnership helps directly embed compliant fiat-to-crypto channels into the user journey.
Vitalik: Ethereum's Current Roadmap Adds New Directions Including Strong Privacy, Post-Quantum Scalability, and Native Rollups
Odaily News: Vitalik posted on X platform, stating that he has updated the 2023 roadmap diagram, overlaying the items listed at that time onto their corresponding positions in the current Strawmap. Overall, there is significant overlap between the two, but the order of some items has been rearranged—for example, quantum security has been prioritized higher; some items have been deprioritized, such as VDF and many EVM improvements; and some items have been replaced by better constructions, such as Verkle evolving into unified BT and then PBT, with state expiration being replaced by new state types. However, the most notable change is that the Strawmap includes some entirely new additions not present in the diagram, as these were not in the 2023 roadmap, reflecting shifts in priorities. The main additions include: - Giving first-class priority to strong privacy, including keyed Nonces and recent roots, parts of FOCIL, lean privacy pools, and Wormholes; - Advancing scalability around post-quantum scenarios, including leanSPHINCS signatures and aggregation, and zkzk frames; - Pushing forward the Lean specification to assist formal verification. Full formal verification of everything is now feasible thanks to modern AI; - Blob and Gas futures, a concept that did not exist in 2023; - Native Rollups—back in 2023, SNARKs were far from mature enough to consider this direction; - Opening up a more expansive design space for "the future of EVM." zkzk frames already imply that the protocol will offer users a non-EVM ISA, with the main current candidates being leanISA and RISC-V. These ISAs are simpler, more modern, and more efficient than the EVM. Once introduced, they can be opened up to all developers, transforming the EVM into an intermediate representation (IR) built on top of these ISAs, rather than a built-in feature that significantly increases base protocol complexity. However, deeper exploration in this area is still premature even for the Strawmap; - New state types are not just a replacement for state expiration, but a fundamentally different paradigm for how Ethereum scales. He noted that a common theme across the scalability space is reflected in two new ideas—state types and zkzk frames: rather than trying to maximize the extension of all Ethereum activity, it is better to create specialized mechanisms with restrictive properties that are therefore better suited for scalability, while carrying the heaviest load from current and future users and applications, such as token transfers, swaps, and privacy protocols. Another common theme is treating STARKs and AI-accelerated formal verification as first-class objects, and building Ethereum's technological future upon them. Recursive STARKs appear at multiple layers of the protocol, and one specific primitive, "aggregate to union verified dependencies," is expected to be used in three locations in the protocol: the execution layer, consensus layer, and data layer. Its safety can only be ensured thr
THORChain Resumes Trading After $10.7 Million Attack
Odaily, the decentralized cross-chain liquidity protocol THORChain has resumed trading after being down for over five weeks following a May attack. Signing, swapping, liquidity provider operations, and redemptions have all been restored.On May 15, blockchain investigator ZachXBT and security firm PeckShield identified that the protocol had likely been exploited, prompting THORChain to halt trading. The vulnerability resulted in a loss of approximately $10.7 million from one of its six Asgard vaults, while the other five vaults were unaffected.THORChain stated that each vault has now been verified, and every key share has been cross-checked. Native Monero swaps are currently undergoing end-to-end testing and will be launched subsequently. (The Block)
MoonPay Launches First Native Crypto Headless Payment Platform Supporting One-Click Crypto Purchases via Apple Pay
According to PR Newswire, MoonPay has officially launched MoonPay Headless Onramps—the industry’s first native crypto checkout platform enabling one-click crypto purchases via Apple Pay, credit cards, and Google Pay across the U.S., the European Economic Area, and over 100 countries worldwide. In contrast, competing headless payment solutions currently support mobile payments only within the U.S. This product replaces MoonPay’s branded widget with a pure API integration, enabling partners to deliver a fully white-labeled and highly customizable checkout experience—while MoonPay handles payment processing, compliance, and identity verification in the background. Launch partners include Moonshot, Bitcoin.com, Bread, and Trust Wallet. Notably, Apple Pay is now fully embedded into partner apps for the first time: verified users can complete purchases with a single tap—no redirects or re-verification required.
Native token INIT unaffected, Initia exploit may involve MoveVM Day 0 vulnerability
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.
23 Days, Profit Exceeds $3.15M; Monero Native Network's Top Holder Still Holds 16,000 XMR with 4x Leverage
Odaily News According to on-chain analyst Ai Yi's monitoring, the top holder on the Monero native network has accumulated profits exceeding $3.15 million in just 23 days by betting on XMR's price increase. The position was opened on August 9, reaching a peak of 34,000 XMR, valued at approximately $16.72 million. Last night, the holder closed half of the position, banking $1.637 million in profits, and currently retains a 4x leveraged position of 16,000 XMR, with unrealized gains exceeding $1.53 million.
Injective Native INJ Listed on Coinbase, Trading and Deposit/Withdrawal Now Supported
Injective has announced on X platform that native INJ has officially been listed on Coinbase, the largest cryptocurrency exchange in the United States. Coinbase users can now trade INJ and directly transfer INJ into the Injective ecosystem via deposit and withdrawal features.
Native token INIT unaffected, Initia exploit may involve MoveVM Day 0 vulnerability
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.
NEAR Community Proposal Proposes Reducing Maximum Annual Token Issuance Rate, Clarifies Security Incident Does Not Involve Native Token Vulnerabilities
NEAR Protocol announced on the X platform that Sal Ternullo, CEO of NEAR Treasury Company SVRN, has introduced a new proposal on the NEAR Governance Forum to reduce NEAR's annual maximum token issuance rate from 2.5% to 1.6% over a 24-month period, and lower the staking yield from the current approximately 5.4% to around 3.5%. The proposal is currently soliciting feedback from validators, House of Stake delegates, and NEAR community members, with a complete plan expected to be published next week for voting. Following the earlier NEAR Intents security incident, NEAR Protocol further clarified that the blockchain network is operating normally. The incident was not caused by any vulnerabilities in NEAR Protocol or its native NEAR token. The NEAR Protocol network continues to produce blocks and process transactions without experiencing downtime.
Native transactions have been suspended; a legacy vulnerability from 2019 exists in the Zilliqa Ledger application
Zilliqa has stated there is a critical vulnerability in its Ledger application that has existed since 2019, causing private keys used for native ZIL transactions to be susceptible to recovery attacks. At present, native transactions have been suspended, and relevant parties are working on a coordinated fix. EVM transactions are not affected.
THORChain Resumes Trading After $10.7 Million Attack
Odaily, the decentralized cross-chain liquidity protocol THORChain has resumed trading after being down for over five weeks following a May attack. Signing, swapping, liquidity provider operations, and redemptions have all been restored.On May 15, blockchain investigator ZachXBT and security firm PeckShield identified that the protocol had likely been exploited, prompting THORChain to halt trading. The vulnerability resulted in a loss of approximately $10.7 million from one of its six Asgard vaults, while the other five vaults were unaffected.THORChain stated that each vault has now been verified, and every key share has been cross-checked. Native Monero swaps are currently undergoing end-to-end testing and will be launched subsequently. (The Block)
Polkadot Responds to Hyperbridge Vulnerability: Polkadot and Native DOT Unaffected
Polkadot’s official response to the security vulnerability discovered in Hyperbridge’s Ethereum gateway contract: Hyperbridge services have been temporarily suspended to investigate the issue. This vulnerability affects only DOT tokens bridged to Ethereum via Hyperbridge and does not impact DOT tokens within the Polkadot ecosystem or DOT transferred via other cross-chain bridges. The Polkadot mainnet, parachains, and native DOT remain secure and unaffected.
Soneium Plans to Launch Native Ecosystem Token SONEIUM and Expand into IP Tokenization
Soneium has announced plans to launch a native ecosystem token, SONEIUM, to drive the platform's transition from blockchain infrastructure to an on-chain entertainment economy ecosystem, connecting IP holders, creators, developers, fans, and investors. Specific arrangements for the token generation event (TGE) will be announced later.On the IP tokenization front, Soneium plans to launch an official platform, Soneium Portal, to support IP issuance, investment, fan participation, and revenue distribution, while building an on-chain IP framework to enable programmatic handling of intellectual property registration, licensing management, and royalty distribution. Soneium also plans to introduce IP Vault and IP Bond, offering indirect investment channels for entertainment assets such as music copyright funds, as well as bond products backed by entertainment companies' businesses.Meanwhile, Soneium announced that its first IP project will be launched through Moriusa, a popular character IP under Tokyo-based entertainment group Super State Holdings. In addition, Soneium will partner with Korean K-pop IP company DayOneDream to advance the tokenization of concert business royalties for well-known artists including BTOB.
Starknet Initiates Community Vote to Explore Transition to an Independent Quantum-Resistant L1, STRK to Remain as Native Token
Odaily News: The Starknet community has initiated a 7-day non-binding vote to poll STRK holders on whether they support further research into the possibility of transitioning Starknet from an Ethereum L2 to an independent quantum-resistant L1.The proposal notes that Starknet currently employs hash-based STARK proofs and native account abstraction technology, giving its core protocol quantum-resistant capabilities, and user accounts can also adopt quantum-resistant signatures without requiring protocol upgrades. However, the parts that depend on Ethereum, such as its cross-chain bridge and data availability, remain constrained by the progress of Ethereum's quantum-resistant upgrades. Transitioning to an independent L1 is expected to eliminate this dependency.The proposal makes clear that regardless of which approach is ultimately adopted, STRK will continue to serve as the network's native token, no new tokens will be issued, and the cross-chain bridge from Ethereum to Starknet will remain open.This vote is intended solely to gauge community sentiment and is not a formal decision to transition. If the vote passes, the team will initiate further research and propose a detailed plan; if it does not receive support, the team will continue advancing quantum-resistant upgrade work under the existing L2 architecture.
Sui Devnet Completes Native Quantum-Resistant Signature Transaction Test, Aims for Mainnet Account Authentication in Q1 2027
Odaily News: Kostas Chalkias, Chief Cryptographer at Mysten Labs, the core development company behind Sui, announced that the Sui Devnet has completed testing of native quantum-resistant signature transactions. The latest version now supports ML-DSA-65 post-quantum signature verification, which will be used for transaction authorization of regular accounts in the future. Additionally, there are plans to introduce SLH-DSA-SHA2-128s signatures through Move smart contracts to provide protection for high-value asset vaults.Existing accounts will be able to derive quantum-resistant keys from their original mnemonics and update authorization keys through the address alias feature without needing to transfer assets. Sui plans to deploy quantum-resistant vaults to mainnet by the end of 2026 and introduce native ML-DSA-65 accounts to testnet, with the goal of achieving native account authentication on mainnet in Q1 2027. The specific timeline depends on security audits and testing results.
Native USDC can now be transferred between Sui and 29 other blockchains, CCTP V2 is now live on Sui
Sui announced on X that CCTP V2 is now live on Sui. Native USDC can now be transferred between Sui and 29 other supported blockchains: USDC is burned on the source chain and minted on Sui. Developers can build payment and treasury products on Sui without having to design around bridges.
ZEC Liquidity Pool Goes Live, THORChain Native Zcash Trading to Enter Next Phase
THORChain has announced that the ZEC liquidity pool is now live. The network completed a node churn, and all nodes have begun monitoring the Zcash chain. THORChain stated that trading functionality will be the next step; current liquidity is relatively shallow, and early traders should be aware of risks such as slippage. Previously, THORChain added native Zcash support in a protocol upgrade, including UTXO handling, RPC logic, and a ZEC price oracle, and continues to advance mainnet integration.
Pharos Network Announces Brand Refresh and Agent-Native Upgrade to Drive Real-World Value Circulation
According to official announcements, financial-grade Layer 1 public chain Pharos Network has unveiled a brand refresh and an Agent Native upgrade. This refresh will commence at the Korean Blockchain Week, sequentially encompassing the protocol-level Agent Native upgrade for the Pharos Testnet, the user-level Pharos Port Agent Widget supporting natural language RealFi interactions, the developer-level AI capabilities portal at ai.pharos.xyz, as well as the Anvita Mate × Pharos collaboration. This launch marks Pharos' transition from treating AI Agents merely as an interface at the application layer, moving instead toward building mature blockchain infrastructure that allows agents to participate as native economic participants under established rules. Coinciding with this upgrade, Pharos simultaneously refreshes its brand identity, centering on the core proposition "Put Real-World Value to Work," backed by "Built for the Agentic Economy," and focusing on putting real value to work by humans and agents.
Related news
Soneium Plans to Launch Native Ecosystem Token SONEIUM and Expand into IP Tokenization
Soneium has announced plans to launch a native ecosystem token, SONEIUM, to drive the platform's transition from blockchain infrastructure to an on-chain entertainment economy ecosystem, connecting IP holders, creators, developers, fans, and investors. Specific arrangements for the token generation event (TGE) will be announced later.On the IP tokenization front, Soneium plans to launch an official platform, Soneium Portal, to support IP issuance, investment, fan participation, and revenue distribution, while building an on-chain IP framework to enable programmatic handling of intellectual property registration, licensing management, and royalty distribution. Soneium also plans to introduce IP Vault and IP Bond, offering indirect investment channels for entertainment assets such as music copyright funds, as well as bond products backed by entertainment companies' businesses.Meanwhile, Soneium announced that its first IP project will be launched through Moriusa, a popular character IP under Tokyo-based entertainment group Super State Holdings. In addition, Soneium will partner with Korean K-pop IP company DayOneDream to advance the tokenization of concert business royalties for well-known artists including BTOB.
Native token INIT unaffected, Initia exploit may involve MoveVM Day 0 vulnerability
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.
Starknet Initiates Community Vote to Explore Transition to an Independent Quantum-Resistant L1, STRK to Remain as Native Token
Odaily News: The Starknet community has initiated a 7-day non-binding vote to poll STRK holders on whether they support further research into the possibility of transitioning Starknet from an Ethereum L2 to an independent quantum-resistant L1.The proposal notes that Starknet currently employs hash-based STARK proofs and native account abstraction technology, giving its core protocol quantum-resistant capabilities, and user accounts can also adopt quantum-resistant signatures without requiring protocol upgrades. However, the parts that depend on Ethereum, such as its cross-chain bridge and data availability, remain constrained by the progress of Ethereum's quantum-resistant upgrades. Transitioning to an independent L1 is expected to eliminate this dependency.The proposal makes clear that regardless of which approach is ultimately adopted, STRK will continue to serve as the network's native token, no new tokens will be issued, and the cross-chain bridge from Ethereum to Starknet will remain open.This vote is intended solely to gauge community sentiment and is not a formal decision to transition. If the vote passes, the team will initiate further research and propose a detailed plan; if it does not receive support, the team will continue advancing quantum-resistant upgrade work under the existing L2 architecture.
Sui Devnet Completes Native Quantum-Resistant Signature Transaction Test, Aims for Mainnet Account Authentication in Q1 2027
Odaily News: Kostas Chalkias, Chief Cryptographer at Mysten Labs, the core development company behind Sui, announced that the Sui Devnet has completed testing of native quantum-resistant signature transactions. The latest version now supports ML-DSA-65 post-quantum signature verification, which will be used for transaction authorization of regular accounts in the future. Additionally, there are plans to introduce SLH-DSA-SHA2-128s signatures through Move smart contracts to provide protection for high-value asset vaults.Existing accounts will be able to derive quantum-resistant keys from their original mnemonics and update authorization keys through the address alias feature without needing to transfer assets. Sui plans to deploy quantum-resistant vaults to mainnet by the end of 2026 and introduce native ML-DSA-65 accounts to testnet, with the goal of achieving native account authentication on mainnet in Q1 2027. The specific timeline depends on security audits and testing results.
Native USDC can now be transferred between Sui and 29 other blockchains, CCTP V2 is now live on Sui
Sui announced on X that CCTP V2 is now live on Sui. Native USDC can now be transferred between Sui and 29 other supported blockchains: USDC is burned on the source chain and minted on Sui. Developers can build payment and treasury products on Sui without having to design around bridges.
ZEC Liquidity Pool Goes Live, THORChain Native Zcash Trading to Enter Next Phase
THORChain has announced that the ZEC liquidity pool is now live. The network completed a node churn, and all nodes have begun monitoring the Zcash chain. THORChain stated that trading functionality will be the next step; current liquidity is relatively shallow, and early traders should be aware of risks such as slippage. Previously, THORChain added native Zcash support in a protocol upgrade, including UTXO handling, RPC logic, and a ZEC price oracle, and continues to advance mainnet integration.