HashStack #018

Calvin Kim posted to the Bitcoin-Dev mailing list to announce three draft BIPs for Utreexo. 

Iren surpassed Marathon Digital in hashrate, bitcoin production and fleet utilization in July.

Bitcoin memecoin launchpad, Odin.fun, loses $7M in a liquidity exploit.

Hedge fund Tyr Capital said it will operate a node for BOB’s BitVM deployment.

Bitcoin Treasury KindlyMD Closes $200 Million Raise to Buy More BTC.

AI-powered bridge, WheelX, is now live on BOB. 

Fiamma launched its incentive campaign, Mission Fiamma, unlocking DeFi yields through FIABTC.

Ethereum daily transactions reached a new high of 1.74M, surpassing the 2021 peak as stablecoin and DeFi activities surged. 

Sharplink Gaming raised $200M in direct offering, at $19.50/share.

BitMine Immersion plans to raise $20B in Ethereum treasury.

Ronin network to become an ETH L2 by Q2 2026. 

Euler Finance is now live on Linea. 

DEX trading now live on Coinbase app, allowing users to have full access to Base assets. 

Flashblocks in TEE are now live on Unichain.

Jito proposes (JIP-24) routing 100% of block engine fees back to the treasury.

Solana TPS hit a new record high of 107,664 in a single block.

Tokenized asset issuer, Dinari Global, launched its own L1, powered by Avalanche.

Heritage Distillery raised $220M to build $IP reserves.

Helius Labs announced plans to bring slashing to Solana, with 3 proposals - SIMD 180 (create link between validator block production address to stake address), SIMD 204 (slashable event verification) expected to go live on mainnet in the coming months, and SIMD 212 (slashing penalties) under active discussion.

Galaxy closes $1.4B project financing to accelerate Helios AI datacenter development to provide energy for AI and HPC operations under a long-term agreement with CoreWeave Inc. 

Virtuals protocol added support for USDC, allowing agents to transact in the most popular stablecoins. 

Grass launched ClipTagger, a 12B high accuracy video annotation model trained on its real-world video data and deployed by Inference.net, offering significant cost efficiency while outperforming leading models. 

Gradients dropped Gradients Instruct 8B, a fine-tuned Qwen 3 8B trained on Subnet 56 and now live on Chutes. 

Jason from Story Protocol is stepping down as co-founder and moving to become strategic advisor. 

Sentient launches GRID, a network of specialized agents, models, data, tools and compute that can be accessed through Sentient Chat. 

Gensyn launched BlockAssist, an AI that learns from your Minecraft gameplay in real time. Players compete to train the best assistant and flex their scores on a public leaderboard.

Flock, with DIMO Network and Beacon Protocol, launched a new “Build your pit crew” challenge. Through reading live vehicle data and driving patterns, the model is able to spot inefficiencies in fuel use and EV performance.

Pendle launched new product: Boros, a new platform to trade funding rates.

Jupiter announced the launch of Jupiter Lend private beta. 

Euler finance launched zkVerified lending vaults on Avalanche. 

pump.fun announced ‘Glass Full Foundation’ to support liquidity for ecosystem memecoins.

Kyber Network unveiled FairFlow, a Uniswap v4 hook that channels arbitrage fees back to liquidity providers via the Equilibrium Gain (EG) Sharing Program it finances.

Plasma Finance announced partnership with Aave for an institutional focused fund.

Uniswap Foundation proposed to register a legal entity as a DUNA in Wyoming, allowing DAO members to soon benefit from fee switch activation.

Jupiter announced Jup Send, allowing anyone to send crypto anywhere with a link or QR code, no wallet required

Jupiter to also start native staking up to $580M in SOL from the JLP pool to earn yields

Perp trading platform, Extended, goes live on Starknet offering more than 50 trading pairs and up to 100x leverage.

Coinbase to deploy stablecoin bootstrap fund across Aave, Morpho, Kamino, Jupiter to boost liquidity of USDC and EURC with plans to expand to more protocols and stablecoins in future.

Suilend announced Suilend Strategies allowing users to define, choose preset strategy, and adjust parameters according to risk appetite.

Metamask to launch its own stablecoin.

S&P Global gives Sky Protocol a B- rating, citing high depositor concentration and centralized governance risks. 

Circle to launch its own L1 blockchain Arc, using USDC as native gas token.

Stripe is building the L1 Tempo Blockchain which will be led by Paradigm co-founder Matt Huang.

Coinbase partnered with Squads protocol to make USDC the default stablecoin across all their product suite.

USD.ai announced its public launch.

Powered by the Superstate opening bell platform, Exodus tokenized share is expanding to Solana and then Ethereum.

PreStocks now enable the trading of top pre-ipo stocks on Solana, including OpenAI, SpaceX, Anthropic AI

CMB international, has tokenized CMB’s HK-Singapore Mutual Recognition Fund on Solana via DigiFT. 

Particle Network’s UniversalX integrates with Backed Finance’s xStocks to enable the trading of tokenized equities from any chain.

Circle acquired Malachite to power its upcoming Arc blockchain. 

Ripple to buy stablecoin platform Rail for $200M. 

Bullish announced its IPO. 

Figure Technologies files to be listed on Nasdaq. 

dYdX Foundation raised $8m to launch a new grant program.

HackQuest completed a $4.1m Pre-A round led by Animoca Brands to grow its Web3 developer education platform.

Perle raised a $9m seed round led by Framework Ventures. 

Almanak, an AI agent platform for automated DeFi strategies, raised $8.45M with participation from HashKey Capital. 

Transak, a stablecoin infrastructure provider, raised $16M strategic funding from Tether and IDG Capital. 

HoneyCoin, a Nairobi-based payment infrastructure company, raised a $4.9M seed round led by Flourish Ventures.

HashKey Cloud partners with IVD Medical Holdings to deliver Ethereum staking, restaking, and DeFi yield farming services, exploring innovative yield models to enhance IVD Medical’s crypto-native treasury reserves.

GoPlus added trade simulation to its security API, integrating multi-dimensional security analysis and risk control models. 

HashKey Cloud partnered with OneInfinity to launch slashing insurance for staked assets.

Huma Finance, Arf and Geoswift teamed up to launch a settlement solution offering same-day payouts for global online merchants

Plasma Finance partnered with Pendle.

UnifAI launched an AI Agent Trading Competition on Meteora. 

Open Eden starts its Booster campaign in Binance Wallet on 15 August.