Web3 news

August 22, 2026

07:41 Web3

Optimism Approves 546.9M OP Reallocation From Airdrop Reserve to Strategic Fund

Optimism approves 546.9M OP shift from airdrop reserves to strategic fund Optimism governance approved reallocating 546.9 million OP, previously reserved for user airdrops, into a Strategic Ecosystem Fund managed by the Optimism Foundation. The proposal, backed by core development delegate Test in Prod, redirects roughly $49 million in tokens toward strategic partnerships and ecosystem incentives rather than generalized future airdrops.

August 13, 2026

17:11 Web3

Pi Network Nears Final Protocol Upgrade as PI Holds Between $0.075 and $0.10

Pi Network launches Testnet 2 on Protocol v26 Pi Network’s Testnet 2 went live on Protocol v26 on Aug. 13, leaving Protocol v27 as the final upgrade in its roadmap. PI traded at $0.0891, up 0.20%, while compressing between $0.075 and $0.10; analysts say a close above $0.10 could open a move toward $0.15, while a break below $0.075 could send it toward $0.04. The project’s white paper also completed ESMA registration on Aug. 10, an initial step toward EU MiCA compliance.

August 11, 2026

15:12 Web3

ENS DAO Approves Full-Time Foundation With Executive Team and Five-Member Board

ENS token holders approve full-time Foundation with executive team and board ENS token holders have approved a proposal to turn the ENS Foundation into a full-time organization with an executive director, staff and a five-member board, creating a formal structure to handle contracts, hiring, trademarks and regulatory engagement. The foundation will represent ENS before bodies including ICANN, the IETF and W3C, while protocol control stays with token holders and 1 million ENS will be transferred to the foundation for employee compensation.

August 4, 2026

05:25 Web3

Orbs Opens OIP-9 Vote to Form DAO and Expand Community Governance

Orbs launches OIP-9 vote to create DAO governance Orbs has launched OIP-9, its first official community governance vote to create the Orbs DAO and define how it will oversee parts of the protocol. If approved, staked token holders in the Orbs Proof-of-Stake contract will vote via proposals and Snapshot, while DAO-controlled multisigs execute decisions on network parameters, Guardian certification, major protocol changes, and new deployments.

August 3, 2026

13:26 Web3

Orbs opens first governance vote to set up DAO and initial decision framework

Orbs opens first governance vote to create DAO Orbs has launched OIP-9, its first formal community vote, asking eligible participants to approve the Orbs DAO and its initial governance framework as part of a phased decentralization plan. Under the proposal, holders of tokens staked in the Orbs Proof-of-Stake contract would vote via Snapshot, while approved decisions would be executed by DAO-controlled multisig wallets across areas including network parameters, Guardian certification, major protocol upgrades and new deployments.

July 21, 2026

06:48 Web3

ENS DAO activates two-year Security Council to veto malicious governance proposals

ENS DAO installs new Security Council with veto power over malicious proposals ENS DAO has activated a new eight-member Security Council that can cancel malicious governance proposals during the protocol’s two-day timelock before execution. The council operates as a five-of-eight multisig, cannot move treasury funds or rewrite proposals, and its mandate runs until July 16, 2028. ENS said the backstop is meant for attacks involving stolen credentials, fraud, vote buying or flash loans, not disputed policy decisions.

July 14, 2026

15:16 Web3

ENS DAO Holds Time-Sensitive Vote to Replace Security Council Before July 24 Expiry

ENS DAO votes on new Security Council before veto expires ENS DAO has started an onchain vote to install a new eight-member Security Council and preserve the protocol’s emergency veto before the current council expires on July 24. Nick Johnson submitted the executable after last month’s renewal failed when he voted against it; the measure closes around July 20 and had about 779,000 votes as of Monday, short of the 1 million-token quorum needed.

July 13, 2026

20:15 Web3

Sablier Labs Stops Product Development and Puts Business Into Maintenance Mode Until 2028

Sablier Labs halts product development, enters maintenance mode until 2028 Sablier Labs has stopped active product development and put its token-streaming and vesting business into maintenance mode until June 2028, CEO Paul Berg said. Existing streams, vesting plans and airdrops will keep running because the smart contracts are on-chain and permissionless, but since July 13, 2026 the official interface no longer allows open-ended payment streams or new vesting streams and airdrops that end after June 2028. The firm also moved its main EVM contracts to GPL immediately, allowing unrestricted forks and deployments.