Sam Blackshear, cofounder and chief technology officer of Mysten Labs, announced on August 6 that he is departing the Sui blockchain developer to join AI company Anthropic, where he will focus on defensive security research.
Aave's risk management service LlamaRisk recommended winding down every reserve on six V3 blockchain markets, affecting approximately $98 million in supplied assets and $15.6 million in debt across 50 low-usage reserves.
Polygon Labs announced another round of staff cuts as it transitions from a blockchain foundation to a payments-focused company, coinciding with its $250 million acquisition of crypto exchange Coinme and wallet platform Sequence. CEO Marc Boiron said the restructuring reflects the shift toward commercial priorities and profitability targets for 2027.
Arbitrum announced that all Layer 2 chains built with its technology that settle outside of Arbitrum One or Nova will pay 10% of net protocol revenue to the Arbitrum ecosystem. Robinhood Chain, which has seen $568M in trading volume, is among the chains affected by this new revenue-sharing arrangement.
