Kostas Kryptos, co-founder of Sui, unveiled Havenex, a regulated infrastructure platform that lets financial institutions offer both digital and traditional assets, as its Series A nears a close.

Havenex says it will not compete with existing exchanges but instead provide compliant, transparent rails for institutions across multichain custody. It is in the authorization process with Austria's FMA, with license applications already filed, and touts multisig, quantum-resistant keys, hardware-based 2FA, self-custody and key-loss protection. The platform plans to use Sui technology where appropriate, alongside assets and infrastructure from other ecosystems.

Kryptos will act as an advisor while keeping his primary focus on Mysten Labs, the Sui developer where he serves as chief cryptographer.

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Pump.fun added full HyperEVM support to its mobile app, letting users trade any HyperEVM token against USDC at near-zero fees. It is the first app to fully integrate Hyperliquid's smart-contract layer.

HyperEVM is Hyperliquid's EVM layer (chain ID 999), running alongside HyperCore under the same HyperBFT consensus with HYPE as its gas token. Pump.fun shipped support in phases, releasing partial access weeks earlier to stress-test the infrastructure before the full rollout. HyperEVM tokens are also eligible for Callout Rewards, which pay users in USDC based on the trading activity their token recommendations generate.

This extends Pump.fun's push beyond its Solana memecoin roots into multi-chain trading, routing fresh volume toward Hyperliquid's fast-growing EVM as the two ecosystems converge.

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Doppler Finance detailed how its XDP token will be distributed ahead of the token generation event, confirming a fixed supply of 10 billion XDP for its infrastructure for productive digital capital and tokenized assets on the XRP ecosystem.

Allocation splits into 43% Ecosystem & Incentives, 18% Team, 16% Investors, 14% Treasury, 4% Liquidity, 4% Partners and 1% Genesis Airdrop, with the airdrop fully unlocked at TGE while team and investor tranches sit under extended vesting. On fundamentals, Doppler holds roughly $127M in TVL, most of it on the XRP Ledger, about $213K in 30-day fees and $5.5M in private funding. XDP anchors four roles: staking for vault access and priority products, governance over parameters, treasury and incentives, a planned Safety Module for protocol coverage, and ecosystem growth campaigns.

With more than half of supply steered toward ecosystem, treasury and community, and only 1% seeded to early users, Doppler is front-loading long-term growth over a large day-one unlock.

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Aave has begun rolling out early access to its iOS mobile app, starting August 26 with a limited first batch of Ghost Passes, invites that let a holder skip the waitlist entirely and give a friend instant access to the app.

Users can open the Aave App and check the activity section to see how many Ghost Passes they hold, with recipients also notified by email or push. The first batch went to users onboarded through 1:1 interviews, early waitlist joiners, and the accounts that referred the most friends. Later batches roll out on a rolling basis to users with high referral rates and those active in support of the app on X, Instagram, and LinkedIn, where Aave is also running giveaways.

Aave will widen access in the next weeks as onboarding continues. For now, staying active on socials and asking friends whether they already hold a pass are the quickest routes onto the app.

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10 fresh projects we caught on the radar this week. Not memecoins, not hype, early-stage with real products: from perps on stocks to onchain credit for assets banks won't touch.

Save this; you haven't heard of half of them yet. Breakdown of each

Linera has opened pre-registration for its LNRA Community Round, ahead of Season 1 and TGE.

The round is built around Linera’s real-time markets app, where users trade short-duration PvP markets powered by Linera’s parallelized microchain architecture.

Reserved Pool: Badge holders receive priority, with higher tiers and activity points determining allocation if oversubscribed.

Open Pool: Available to all registered users and allocated pro rata, capped at $100K per wallet.

ℹ️ Commitment Credits

Every $1 committed = $1 of fee-free Season 1 trading volume, including any amount later refunded due to oversubscription. Credits are capped at $100K per verified user and also count toward Season 1 activity.

🔤 Tokenomics

65% of total $LNRA supply is allocated to the community through the sale and community reserve, while investors and early contributors hold 25%, with their tokens vesting over three years.

⏭️ Timeline

Pre-registration: Now – September 1

Commitment: September 1–8

Sale price, FDV & raise size: TBA, August 28

Payment: USDC on Base

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Solana is advancing two governance proposals, SIMD-550 & SIMD-553, that could significantly reduce SOL issuance and increase network-wide burns.

SIMD-550 would double the annual disinflation rate from 15% to 30%, bringing Solana to its 1.5% terminal inflation rate by H1 2029 instead of around 2032.

SIMD-553 introduces a burn fee based on requested compute units for financial activity. Based on current network usage, daily SOL burns could jump from roughly 600–800 SOL to 7,500–9,000 SOL.

Together, the proposals could reduce SOL issuance by an estimated $1.4B–$1.5B over six years, according to 21Shares.

The final impact will depend on the SIMD-550 governance vote and the validator fee design for SIMD-553.

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Major banks that once pushed back against stablecoins are now considering launching their own stablecoins, as crypto companies and major nonbanks accelerate the shift toward blockchain-based payments.

More than a dozen major banks, including Bank of America and Wells Fargo, are working on a global stablecoin initiative for commercial use, while JPMorgan is also evaluating a potential stablecoin alongside its existing JPM Coin.

Banks have traditionally favored tokenized deposits because they represent existing bank deposits onchain and fit more easily into the current regulatory framework. Stablecoins, meanwhile, can move across public blockchains such as Ethereum and Solana.

The shift reflects growing concerns that stablecoins could eventually pull deposits and payment activity away from traditional banks, especially as firms like Visa, BlackRock and Google expand into the sector.

The stablecoin race is increasingly becoming a competition between crypto-native issuers and traditional financial institutions, with banks now moving from resistance to participation.

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10 of the biggest Web3 projects still have no token. ~$38B in combined valuation between them. Polymarket tops the list at $15B with a confirmed airdrop. MetaMask's MASK is next.

Some are already live to farm. Check the full list.

BNB Chain has officially joined Mastercard’s Crypto Partner Program, expanding the blockchain network’s role in Mastercard’s push to bring digital assets into global payments.

Mastercard’s program now includes 100+ partners across crypto and traditional finance, targeting use cases such as cross-border payments, B2B transfers, payouts and settlement.

BNB Chain joins networks including Solana, Polygon and Tron, as Mastercard increasingly focuses on high-throughput, low-cost infrastructure for stablecoin and on-chain payments.

The move comes as Mastercard also advances its stablecoin strategy through the planned $1.8B acquisition of BVNK, strengthening its infrastructure for stablecoin settlement, on/off-ramps and compliance.

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