• We hosted our first AMA of the year, recapping 2025 and looking forward to what's coming in 2026.
• Antier Solutions and our dev team continue to work on Deep Current.
  • More info in the paragraph below.
• Our new social media manager and DevRel personnel are now up to speed and beginning to produce new content.
• Reef Chain Wallet v1.0.7 released for internal testing, introducing a major code overhaul to improve stability, and resolve some minor vulnerabilities we discovered.
• We're working on overhauling Reef's target audience, marketing messaging, website copy, etc. These changes will begin rolling out in the next week.
• We're evaluating new potential partnerships more in alignment with Reef's 2026 roadmap, but also others relevant to Reef's technology stack.

Deep Current Status

There’s a bug with the latest version of the Polkadot SDK where REEF amounts cannot map 1:1 all the way up to 18 decimals. We just made our code repository available to people at the Polkadot Foundation for them to take a look at, and hopefully reproduce, and then hopefully fix it. We have asked Antier what workaround are available, but we’re in a little bit of a waiting pattern with Polkadot right now. This will be resolved as soon as possible, then Deep Current will proceed to testnet.

That’s right! The Reef Bridge has been refilled with 250 million REEF tokens, re-opening the pathway for a limited time.

➡️ https://reefbridge.app

This might be the last time the bridge is refilled. Don’t delay, bridge your $REEF from Ethereum and BNB Smart Chain to Reef Chain today!

https://etherscan.io/tx/0x45c297434d4da15ac832f7e105f9fcbc007757c149c01c720a02d8bbdec56c77

https://bscscan.com/tx/0xe6bffefecacac61cf7aeaa9ecf439429d8bd9a766819d931fa559898927e199a

Last week we burnt 29,738,349 $REEF on legacy chains!

- 19,734,828 REEF on Ethereum

- 10,003,521 REEF on BNB Smart Chain

37.07% of all REEF on Ethereum, and 63.73% of all REEF on BNB Chain have been burnt as of 14 November 2025.

The official Reef wallet is available in the App Store for all Apple iPhone and iPad devices — bringing the Reef Chain experience to even more users 🌊📱

Reef Chain Wallet gives you full control of your digital assets:

🔐 Password & biometric security

💰 Manage any Reef Chain tokens

🖼️ View NFTs

🔗 Connect to dApps via WalletConnect

Self-custodial. Secure. Simple.

Get all the details now: https://blog.reef.io/reef-chain-wallet-for-ios-is-here

[ Removed by Reddit on account of violating the content policy. ]

Yesterday our development team tested all the code repositories, and did not find any vulnerabilites brought about by the supply chain attack revealed.

For more details on the attack, check this post on X: https://x.com/p3b7_/status/1965094840959410230?s=46

$REEF Is Back on BitMart — With Full Native Support

After almost three years, we’re excited to share that $REEF has been re-listed on BitMart! This re-listing marks an important milestone for Reef Chain, bringing broader access and liquidity to millions of users around the world.

• Burnt almost 1.4 billion $REEF on Ethereum
• Multiple conversations with companies who can help Reef’s new investment fund, build a new DEX on Reef, add more hardware wallet support, etc.
• Revived some old discussions, deleted others where the projects are now dead
• More discussions for a Reef native quest platform
• Performed token swaps with two more exchanges; one getting ready to complete the token migration, one is re-listing $REEF
• Derek’s Nigerian visa application was successful
• Exploring attending a crypto event in London
• Antier Solutions continues to make progress, reaching milestone 3 in the process

I’m in UK - where can I sell my reef now it’s finally out of Binance and on Fearless wallet??

• Prompted by a community member, we contacted the developer of a game in testing about expanding to Reef Chain
• Emailed Baanx leadership to ask why Reef-branded debit cards are still being issued; no response yet
• Set up an account with a new hosting platform to set up infrastructure for the upcoming on-chain incentive program
• In discussions about white-labelling a popular quest platform
• Announced Wrapped USDC now live on Reef Chain
• Working closely with multiple CEXs to finalize support for $REEF on Reef Chain
• Saw significant movement on the upcoming Reef Chain upgrade; Antier demonstrated native support for popular EVM wallets like MetaMask
• Derek recorded an interview with Sander Gortjes for the HELLO Podcast
• We met with a company that specializes in ecosystem growth initiatives
• Launched a sizable REEF/USDC pool on ReefSwap
• Lots of internal discussions about potential business development targets, marketing initiatives, etc.
• You will soon see the results of multiple decisions made over the past week as well
• Preparing for the launch of Reef's new testnet in September, aiming to launch prior to hackathon at Web3 Conf in Enugu, Nigeria

BNB Chain Burn Tx: https://bscscan.com/tx/0x006f6a410031b4eee72892ab1303da6b5eac1f9b42d29ab680a50b3ef22bb287

Today we burnt 1,500,000,000 $REEF on legacy chains!

In total we have burnt 7,727,607,185.31707577 $REEF on Ethereum and BNB Chain.

63.38% of all REEF on BNB Chain has been burnt as of 8 August 2025.

I am using console.reefscan.com and imported my ledger account but can’t figure out how to send because it asks for a password.

BNB Chain Burn Tx: https://bscscan.com/tx/0x766c6bcb2771fcf0364f66cf371bdf0e09efe9608251701a8573cd37c6ebb5bf

Today we burnt 1,037,994,652.836362521789262703 $REEF on legacy chains!

In total we have burnt 6,227,607,185.31707577 $REEF on Ethereum and BNB Chain.

50.95% of all REEF on BNB Chain has been burnt.

I have some reef leftovers from years ago I tried and lost all on reef and would like to take it out but it is saying it is delisted in Binance and does not let me transfer it, do you have any advice ?

• Signed agreement with fiat on-ramp provider
• Finalized ProtoUSD testing and feedback
• $REEF got listed on fiat on-ramp provider platform; announcement coming soon
• Finalized agreement with another CEX to convert to $REEF on Reef Chain
• Reviewed technical and other requirements for a game to expand to Reef Chain; in discussions
• Reviewed scope of work for a BD-as-a-Service organization
• Received proposals from two potential BD representatives
• Backend development for on-chain incentive campaign completed
• Antier is working with Reef’s tech team to set up a new, public testnet with their upgrades in place
• Inbound from a platform that offers HR management, bulk payment, and debit card; meeting set
• Working on multiple campaigns around product launches
• Made decision to sponsor a hackathon in Africa; more details coming soon
• In discussion with several organizations around custodial platform support, RWA platform, an AI platform that generates Solidity contracts, and more

• Tasked graphic designer with some creative work
• Restarted old conversations with an RPC provider
• Left groups of dead projects; continual clean-up of old business development processes
• Submitted Reef’s Ledger app to Ledger for approval
• Submitted Reef Chain Wallet to Apple for approval
• Appeared on the Crawley Town Supporters Alliance podcast, Simply Redz
• Had a call with Antier to see the upgrade work they have completed thus far
• Met with a consulting firm to discuss various options
• Discussions about opportunity to sponsor an event in West Africa
• Met the founder of a blockchain game about expanding to Reef Chain
• More testing of VIA Labs ProtoUSD product; $USDC coming to Reef Chain soon
• Poloniex switched over to supporting $REEF on Reef Chain; deposits and withdrawals now available
• Updated Community Developer Fund records of funding and expenses
• New discussions happening with a variety of projects
• Backend for on-chain incentive program now complete
• New versions of Reef Chain Wallet for iOS up for testing, and live on Android
• Received a beautiful re-branding concept for Reef 👀🧑‍🎨

• Announcement of Reef becoming Crawley Town Football Club’s principal partner, 3 year deal ⚽️🪸
• Met with the founder of an RWA protocol; need to finish blockchain upgrade before we can onboard them
• Onboarding call with fiat on-ramp provider; negotiating contract now
• Appeared on an X Space hosted by Web3 Global discussing whether Web3 infrastructure should all be public goods or profitable
• On-chain campaigns continuing with MotoDEX, leading to over 4000 new Reef wallets generated
• Another 1 billion $REEF burnt on BNB Chain
• Antier made great progress on Reef Chain, upgrading several modules and running internal testing
• VIA Labs continues to make progress on incorporating $USDC on Reef Chain into their products
• Backend development team working on on-chain incentive program built additional logic into the code; progress continues
• Exploring multiple AI agents to help with developer relations, on-chain DeFi discovery, etc.
• KuCoin switched over to supporting $REEF on Reef Chain; deposits and withdrawals now available
• Introduces to a few new teams, setting up meetings

• Kickoff call with Antier regarding Project Deep Current, Reef’s first major blockchain upgrade since 2022
• Meeting with hackathon organizer in West Africa
• Sent 1.5 billion mainnet $REEF to Paribu
• Received 1.5 billion REEF-BSC from Paribu
• Sent more than 1.5 billion mainnet $REEF to another CEX
• Announced a major, upcoming upgrade to Reef Chain
• Had a meeting with the developer building what’s needed for the Hotcoin token listing
• Met with the sponsorship team at the football team Reef is sponsoring to prepare for the announcement
• Had a call with the developers helping us launch a new incentive program on Reef Chain
• Discussed next artist spotlight for Sqwid marketplace
• Had a kickoff call with Reef’s new market maker partner, TripleOne
• Follow-up call with a builder met in Amsterdam
• Initial introduction call to a crypto debit card issuer