1. Injective Lists SharpLink Shares, Launches First Ethereum Treasury Tokenized Asset link
Injective announced the tokenization of SharpLink (SBET) shares, becoming the first "Digital Asset Treasury" (DAT) product. Injective stated that the SBET DAT is developed based on its iAssets framework, featuring native programmability, on-chain governance mechanism interfaces, and cross-protocol composability, suitable for scenarios such as lending, collateralization, and derivative design.
2. Kraken Announces Integration of INK Token and Ink Layer 2 Network into Core Product System link
Kraken announced the integration of INK Token and its Ink Layer 2 Network into its core product system, opening access to global users and simultaneously incorporating the Kraken Drops airdrop rewards program. The official statement indicated that this move aims to promote fusion between on-chain infrastructure and centralized platforms, expanding scenarios like liquidity aggregation, on-chain lending, and trading. The Ink Network is a member of the Optimism "Superchain" ecosystem, alongside Base, Uniswap L2, and Sonic Chain.
3. Celestia Repurchases Over 43 Million TIA from Polychain, Plans to Transfer to New Investors with Phased Unlocking link
Celestia Foundation announced an agreement with Polychain Capital to purchase 43,451,616.09 TIA for $62.5 million. To complete the transaction, Polychain will release all its staked TIA. The foundation will distribute these TIA to new investors with a phased unlocking period from August 16 to November 14. Previously disclosed, Polychain invested approximately $20 million in the Celestia project.
4. Ethena Announces Collaboration with Anchorage to Transform USDtb into Federally Regulated Stablecoin link
Ethena announced a collaboration with Anchorage, a federally chartered crypto bank, to transform USDtb from an offshore model to a federally regulated payment stablecoin. Ethena claims its USDtb is expected to be the first stablecoin with a clear pathway to fully comply with the US GENIUS Act.
Additionally, seemingly BitMEX co-founder Arthur Hayes: 0x6c…7e21 accumulated 2.16 million ENA worth approximately $1.033 million through Galaxy Digital, Flowdesk, and Binance between 2:18–8:39 UTC+8. The address currently holds 7.764 million ENA, valued at approximately $3.73 million.
With sUSDe APY reaching 10%, Ethereum stablecoin USDe supply returned to $6 billion since early February. On July 17, USDe's single-day net minting reached $267 million, the third-highest in history, with subsequent two days exceeding $160 million in net minting.
5. Zircuit Announces AI-Driven Trading Engine "Hyperliquid for AI Trading" link
Zircuit announced an AI-driven real-time cross-chain trading engine "Hyperliquid for AI Trading", supporting one-click execution and enterprise-level security. Combined with the platform's existing passive income features, it forms a product system with active and passive strategies in parallel. The feature will be gradually launched starting July 2025, with public testing in August and an ecosystem incentive plan planned for Q4. Currently, Zircuit's platform staking vault total exceeds $950 million.
6. Azuki Announces Collaboration with OpenSea to Release "Azuki Mizuki Anime Shorts" NFT Series link
Azuki announced a collaboration with OpenSea to issue an ERC-1155 collectible "Azuki Mizuki Anime Shorts" based on the Mizuki anime short, with proceeds supporting short film production and creator work. The first round of Mint will be open for 1 week, followed by a 6-month general Mint at 0.0014 ETH, with no wallet or whitelist restrictions. Azuki previously raised over 20,000 ETH through the Elemental Beans series, but the artwork was criticized for lacking originality and similarity to previous works, causing strong community dissatisfaction.
7. Sei TVL Rises Over 50% to $680 Million, Reaching Historic High link
In the past month, Sei TVL rose over 50% to $680 million, reaching a historic high. Its largest native application, Yei Finance, has a TVL of $380 million, with lending protocol Takara Lend ranking second at $108 million TVL. Additionally, Sei's daily active addresses and new user addresses have significantly increased recently.
8. Kaito AI to Launch Capital Launchpad This Week link
Kaito AI announced the launch of Capital Launchpad this week, providing a fundraising platform for community projects. Project teams can allocate based on social reputation and on-chain holdings, with eligible users able to subscribe, and remaining quotas entering an FCFS stage. Platform fees will be returned to the community through the gKAITO mechanism. Additionally, they stated that KYC is solely for regulatory requirements and will be entirely managed by Persona.
9. deBridge Launches Reserve Fund, Will Use All Protocol Revenue to Repurchase DBR Token link
The deBridge Foundation launched a reserve fund, planning to use all protocol revenue for open market repurchases of its native governance token DBR. Since launching in June, the fund has repurchased 1.3% of the total supply of 10 billion, valued at approximately $3 million. The fund is now merged with deBridge's total asset library, with holdings including DBR, USDC, SOL, and ETH, with a total market value of approximately $30.1 million. The fund is also conducting yield strategies, utilizing platforms like Aave, Lido, and Kamino Finance to generate returns on idle assets, and launched an on-chain real-time public dashboard to enhance transparency.
10. ConsenSys Plans to Lay Off 49 Employees, Approximately 7% of Total Workforce link
Consensys, the software company founded by Ethereum co-founder Joseph Rubin, plans to lay off 49 employees, approximately 7% of its total workforce. A company spokesperson stated that this restructuring aims to improve overall profitability. Previously, Consensys acquired a startup with around 30 employees, who will continue to work at the company. Last year, Consensys laid off 162 employees, 20% of its workforce, attributing this to regulatory uncertainty and overall macroeconomic conditions.