**Cryptocurrency, DeFi, and Web 3 News**
**Wormhole Announces 'Era3'**
- Cross-blockchain interoperability platform Wormhole unveiled its Era3 roadmap.
- UX/UI improvements, new products to simplify development and deployment.
- Launch of Wormhole Institutional to attract institutional players.
**XION Foundation and XION Token**
- XION, a Proof-of-Stake based network, announced the establishment of the XION Foundation.
- Introduced the XION utility token to secure the network and incentivize participation.
**Cyber Launches CyberDAO**
- Ethereum L2 network Cyber unveiled the CyberDAO with a dual token model for governance.
- The first vote to ratify the working constitution will be held on August 15th.
**Offchain Labs Launches Tandem**
- Arbitrum and Prysm developers have announced Tandem, a studio to support blockchain projects.
- The goal is to develop innovative applications and strengthen the industry.
**Rhinestone Raises $5 Million**
- Rhinestone, a specialist in modular smart accounts, has raised $5 million in a seed funding round.
- The funds will be used to accelerate the development of the ERC-7579 ecosystem.
**Pyth Network on TON**
- Pyth Network will begin supplying real-time data to the TON blockchain.
- This will allow game developers on TON to create more immersive and financially viable games.
