Project Progress

StakeStone announced that its Stone Wallet QR code payment feature is officially live, aiming to lower the barriers to crypto payments. It supports multiple mainstream payment standards across the Asia-Pacific region and uses a zero-fee model, serving retail users and people in communities underserved by financial services.

Aave Labs has revised its "Aave Will Win" ARFC, proposing that 100% of revenue from Aave-branded products go to the DAO treasury. This change aims to align product growth with DAO finances while incorporating community feedback, addressing governance concerns over budget and accountability.

Solana is positioning itself as a core infrastructure for the agentic internet, facilitating autonomous software agents in handling onchain payments. With 15 million AI-agent transactions predominantly using stablecoins, the network aims to be the underlying payment rail for machine-to-machine interactions.

Tether is transitioning from monthly attestations to a full audit of its USDT reserves with KPMG, while also enhancing internal controls with PwC. This move, driven by ambitions for U.S. expansion and a major capital raise, signals a shift towards greater transparency and regulatory readiness.

Mixin is expanding its gas subsidy program to make multichain crypto transactions more user-friendly by reimbursing gas fees paid upfront. This initiative aims to enhance usability and privacy while allowing seamless transfers from external wallets.

Gate News, March 31, Andrew Chapello, Product Manager at Ramp, a business spend management platform, announced that Ramp’s stablecoin account feature has officially entered the public testing phase. This feature allows users to hold stablecoins within the Ramp platform and earn balance rewards, while also enabling them to use USDC to pay global vendors and employees, repay Ramp card bills, and manage fiat and stablecoin assets under a unified approval and accounting system.

Animoca Brands launched the AliBAE platform based on Alibaba’s Qwen model on March 31. The platform supports creators in producing AI-assisted content and earning CHECK tokens. The platform is now open for early access, and it offers 100,000 CHECK rewards through promotions. Creators can participate in tasks to produce videos or applications and receive rewards.

After Pi Network’s second mainnet migration, about 119,000 users completed KYC verification, resulting in more than 1.12 million PI tokens flowing into centralized exchanges and creating short-term selling pressure. Technical analysis shows that $0.1736 is a key support level, and the Protocol 21 upgrade on April 6 will affect token stability and application expansion.

Midnight, a privacy-focused blockchain in the Cardano ecosystem, has launched its mainnet. Initial participation from major firms like Google Cloud indicates significant industry interest. It features a dual-token model and a programming language designed for streamlined development while balancing privacy and compliance.

MicroStrategy Executive Chairman Saylor has restarted the laser eyes symbol, expressing his bullish conviction in Bitcoin, and contrasting it with the current market’s fear sentiment. MicroStrategy holds 761,068 Bitcoins and plans to increase that to 1,000,000 by 2026. Real estate billionaire Grant Cardone has also announced additional Bitcoin purchases, strengthening market confidence and signaling a long-term hold.

Square announces that it will automatically enable Bitcoin receiving functionality for eligible U.S. sellers. Transactions are converted to U.S. dollars in real time, and fees are waived through the end of 2026. This move simplifies the process for merchants to use cryptocurrency and increases the viability of Bitcoin as a daily payment tool. Industry experts believe this could become foundational infrastructure for the financial system.

A CEX CEO, Brian Armstrong, announced the launch of a venture capital program called "Next Bets," which allows employees to submit innovative projects and pitch them, with the goal of reducing creative talent drain. The program opens twice each year, is typically executed by small teams, and focuses on high-potential directions. The Base blockchain project originated from this, and more progress will be announced in the future.

Midnight, the privacy blockchain founded by Charles Hoskinson, officially went live on March 30. Its design focuses on addressing three major obstacles to the mainstream adoption of cryptocurrency, improving user experience and privacy through a selective disclosure mechanism. Its core technologies include a keyless design and a dual-token system. With the airdrop underway, its valuation briefly surpassed $1 billion, and it is now working with Monument Bank to advance commercial deployment.

Steakhouse Financial releases the latest updates on the security incident. The official website is still offline, but the Steakhouse Vaults site is operating normally, and there are no issues with the deposit and withdrawal functions. The attack originated from a phone-based social engineering assault, which resulted in the theft of domain management permissions, and the website’s DNS now points to a malicious IP. The official team has rolled back all changes, and users’ assets are safe.

Square announced that it will automatically enable Bitcoin payment functionality for millions of small businesses in the United States, with transactions converted to USD in real time. Merchants do not need to configure it proactively, and they can do so without fees through the end of 2026. The industry compares it to the connection of TCP/IP and the internet, suggesting that Bitcoin’s adoption in financial infrastructure will become widespread and could change the role of payment rails.

Gauntlet said that after the vulnerability incident, Resolv Labs did not publish a remediation plan, and it plans to pursue funds and perform removal operations across multiple vault markets. The markets that have already been removed involve approximately $11.9 million in liquidity, and a claims contract will be set up for liquidity providers going forward.

Strategy Inc.'s recent SEC filing indicates no bitcoin purchases or equity sales, emphasizing disciplined capital management while highlighting the stability and yield of its digital asset holdings.

Bitcoin briefly rebounded to $67,660. A U.S. senator proposed the “American Mining Act” to establish a strategic Bitcoin reserve. Bitmine re-staked 167,500 ETH, bringing its total staked amount to nearly 3.31 million ETH. With market volatility, the S&P 500 and Nasdaq indices fell. Analysts say that short-term market sentiment is sluggish, and rising oil prices have affected BTC prices.

Bitcoin mining company Bitdeer announced that it has reached an agreement with a Norwegian contractor to retrofit existing facilities into Norway’s largest AI data center, supporting NVIDIA’s AI technology. At the same time, Bitdeer is clearing its Bitcoin reserves and plans to raise $300 million by issuing convertible preferred notes to advance the transformation of high-performance computing and AI infrastructure.

The European Crypto Initiative has officially been renamed the European Ethereum Institute, emphasizing Ethereum’s importance in Europe’s digital economy. The EEI will provide independent analysis, address relevant regulatory issues, and connect developers with policymakers.