Project Progress

Gate News message, April 24 — DeBox, a Web3 social platform, announced that its vBOX service will shut down on April 30, 2026 at 23:59 due to platform business adjustments. Users must claim their points for free through the original system channel before the deadline. Starting May 1, the automatic w

Gate News message, April 24 — Morgan Stanley's investment management division has launched the Stablecoin Reserves Portfolio, a new offering designed specifically for stablecoin issuers to deposit reserve assets into the firm's money market funds while earning interest. The fund, part of the Morgan

Gate News message, April 24 — Succinct Labs, backed by Paradigm, unveiled ZCAM on Thursday, an iPhone app that uses cryptography to fingerprint photos and videos in order to combat AI-generated and altered media. The app signs photos and videos at the moment of capture, producing a tamper-proof

Pi Network unveiled the Pi Token Design Framework PiRC1 on April 22 as part of the Protocol V22 upgrade. PiRC1’s core rule is: only projects that already have deployable applications within the Pi ecosystem and that have real user demand are eligible to issue tokens. Token proceeds do not flow to the project team; instead, they flow into a perpetual liquidity pool anchored by Pi Coin to prevent rug-pull behavior.

Gate News message, April 24 — Frax Finance announced on X that as an Aave V4 partner, it is in direct communication with Aave to address the rsETH incident. While Frax has no direct risk exposure, it

CoW DAO on April 23 published a compensation proposal (CIP) in the governance forum, proposing the establishment of a discretionary grant program to provide eligible victims of the April 14 cow.fi domain hijacking incident with up to 100% loss reimbursement. The incident is estimated to have caused user losses of about US$1.2 million in USDC. CoW DAO emphasized that the compensation is of a voluntary, special-discretionary nature and does not represent an admission of any legal liability.

Telegram founder Pavel Durov posted on the X platform on April 23, announcing that TON network transaction fees will be reduced by 6x within a week, down to 0.00039 TON per transaction (about 0.0005 USD). The fee rate is fixed and is not affected by network load. Durov also announced that after the fee reduction, most transactions will further move toward a fully free zero-fee model.

Gate News message, April 24 — CoW DAO has proposed establishing a discretionary grant program to compensate users who suffered losses from the April 14 cow.fi domain hijacking incident. The program will provide up to 100% loss reimbursement through a one-time allocation from the legal defense

Gate News message, April 24 — JPG Store, a Cardano ecosystem NFT marketplace, announced on X that it will shut down on May 23 due to unsustainable operations. Both JPG Store and its Comet platform will cease website services, though the underlying smart contracts will remain

EtherFi Foundation submitted a governance proposal on April 24, authorizing the DAO treasury to allocate up to 5,000 ETH to fund the cross-protocol rescue pool for the rsETH vulnerability incident, to fill the shortfall in collateral and prevent Aave and other DeFi lending markets from incurring bad debt. This is part of EtherFi’s “DeFi United” coordinated rescue initiative.

Gate News message, April 24 — Pavel Durov, founder of Telegram, announced that TON network transaction fees will drop 6 times over the next week, falling to 0.00039 TON (approximately $0.0005) per transaction and remaining fixed regardless of network load. Following the reduction, most

Gate News message, April 24 — ether.fi has completed protocol-level security hardening for the weETH cross-chain bridge across most deployment chains, with no vulnerabilities identified. The upgrades proactively eliminate potential risks and grant ether.fi full control over all security-related brid

Gate News message, April 23 — Pyth Network (PYTH), a cryptocurrency data infrastructure provider, announced a major overhaul of its economic model, transitioning from a token-based incentive system to a revenue-driven growth strategy. According to the OP-PIP-100 proposal, the network's existing inf

Key Insights Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets. ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l

Gate News message, April 23 — Energy Web is building decentralized infrastructure to verify business logic and claims across real-world markets such as environmental registries, carbon credit systems, and supply chain compliance workflows. Founded in 2017 as the Energy Web Foundation, a Swiss

Gate News message, April 23 — Shytoshi Kusama, lead ambassador of the Shiba Inu ecosystem, returned to X today after a 13-day silence that began on April 9. He confirmed a scheduled community discussion for Saturday, signaling new developments ahead. His updated bio now reads: "Next up: Let's set a

Gate News message, April 23 — Girin Labs has launched the Girin Wallet, integrating Doppler Finance's institutional-grade yield layer to enable XRP and RLUSD payments in everyday transactions. Users can now spend XRP and RLUSD at any Visa-accepting merchant, with transactions settling instantly on t

Key Insights XRP maintains weekly strength above major cryptocurrencies as price holds above key EMAs, reflecting sustained momentum despite minor daily declines in trading sessions. XRPL validators advance lending upgrades through XLS-65 and XLS-66, introducing pooled liquidity vaults and f

XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity. Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.

Gate News message, April 23 — MagicBlock has released Mirage, a command-line privacy payment tool designed for the Solana network. The tool enables users to create wallets, deposit funds, and send private transactions through terminal commands, bots, or AI agents. Mirage is built on Private