Project Progress

Gate News, on March 25, Hyperliquid Hip 3 deployer Markets announced on social media that the Markets mobile app is currently in the testing phase and will offer limited slots to specific groups. The first batch of users will receive one free trading opportunity, with trading fees covered by Markets.

BlockBeats News: On March 25, CZ responded on social media to a user asking whether he would stake ASTER, indicating that he might try staking ASTER.

Lombard partners with Bitwise to create "Bitcoin Smart Accounts" for financial institutions, allowing them to profit from Bitcoin without moving assets. This initiative aims to leverage the $500 billion in dormant Bitcoin, transforming it into profitable organizational capital by 2026.

Gate News reports that on March 25, CZ responded to user inquiries on social media today, stating that he may try to stake ASTER.

The Ethereum Foundation established a post-quantum security team and launched a resource center, with the goal of completing the deployment of quantum-safe solutions before 2029. Although quantum computing does not pose an imminent threat at this stage, the team believes that advance preparation is necessary because upgrades involve complex coordination and design. The plan integrates SNARK technology, covering the consensus layer, execution layer, and data layer to ensure asset security. The biggest challenge lies in how to complete the upgrade without disrupting the network.

Gate News, on March 25, Japan-listed Bitcoin treasury company Metaplanet announced that it will launch an exclusive cashback payment card for shareholders this summer. Cardholders will receive 1.6% cashback in Bitcoin for each transaction.

A group of Ethereum developers has launched a resource hub focused on protecting the blockchain from future quantum computing threats and securing the billions of dollars worth of value the network secures. The “Post-Quantum Ethereum” website, launched on Tuesday by members of the Ethereum

Hyperliquid Strategies Inc. launched options trading for its common stock PURR on the Nasdaq options market on March 25, strengthening its link to crypto assets. PURR offers investors an indirect way to gain exposure to HYPE, with options tools enhancing liquidity and price discovery. CEO David Schamis stated that this helps investors hedge risks flexibly. Despite the company's net losses, HYPE recently increased by approximately 7.37%, reflecting improved market sentiment. The company's HIP-3 market demonstrates continued growing demand for tokenized assets.

Cointelegraph reports that on March 24, according to official sources, Tether, the largest company in the digital asset industry, announced today that it has officially partnered with one of the Big Four accounting firms to complete its first comprehensive independent financial audit. This audit is expected to become one of the largest first-time audits in the history of financial markets. The audit covers a highly complex portfolio of assets including digital assets, traditional reserves, and tokenized liabilities.

Pi Network launched its second token migration, enabling users to transfer more Pi coins from the testnet to the mainnet. Participation requires completing 2FA authentication and KYC verification. Analysts predict the potential value of 21,000 Pi held by early miners under different price scenarios, ranging from $4,200 to $63,000. This move faces real market tests.

Pump.fun co-founder alon announced an update to the fee mechanism to prevent malicious manipulation in token issuance. The new mechanism locks fee settings, allowing creators to change the fee recipient only once, aiming to protect user interests.

Lido released its 2025 annual report showing full-year revenue declined to $40.50 million, down 23% from 2024. The primary reasons were user withdrawals causing net outflows of staked funds and continuous compression of network-wide APR. Lido is implementing workforce reductions, considering token buyback programs, and expanding into institutional markets to address these challenges.

The Solana Foundation launched the Solana Developer Platform (SDP) on March 24, aimed at helping enterprises and financial institutions build financial products on blockchain. The SDP includes three major API modules for issuance, payments, and trading, lowering development barriers for enterprises and has already attracted Mastercard, Western Union, and Worldpay as early adopters. The platform offers a sandbox environment and AI coding integration, enabling institutions to conduct low-risk testing and compliant development.

TAO price continues to rise, reaching new highs at $337.84, with a 24-hour gain of 13.6%. Well-known investor Jason Calacanis expressed bullish sentiment on TAO and invested in its ecosystem projects. Bittensor subnets completed important pre-training, demonstrating their practical application capabilities.

As the market matures, cryptocurrency ETFs and ETPs will shift from passive to active management. 21Shares President Duncan Moir emphasized that active management can effectively identify opportunities, control risks, and provide adaptability to different market needs. Additionally, staking yields have become a core feature in the evolution of crypto ETFs, allowing investors to generate returns by locking up assets. The company utilizes a three-dimensional assessment framework to launch new products and has successfully introduced an ETP combining Bitcoin and gold, demonstrating the potential of active management.

Anthropic Launches New Permission Mode "Auto Mode" for Claude Code, Offering Flexible Options Between Item-by-Item Approval and Completely Bypassing Permissions Through Pre-Review of Operation Safety. Safe Operations Are Automatically Approved, While Dangerous Operations Are Blocked and Require User Confirmation. This Mode Reduces Risk but Does Not Completely Eliminate It, and It Is Recommended to Use in Isolated Environments. It Is Now Available to Selected Users.

_Tether engages a Big Four firm to conduct its first full audit covering over $184B in USDT reserves and related liabilities._ _The audit will review asset backing liquidity and internal controls to confirm USDT reserves match issued supply globally._ _USDT exceeds 550M users as Tether

21Shares President Duncan Moir stated that the cryptocurrency market will evolve toward actively managed exchange-traded products, with global actively managed ETF assets expected to reach $1.8 trillion by the end of 2025. This emerging asset class is suited for active management, and 21Shares is also expanding its investment team to respond to this trend.

21Shares President Duncan Moir stated that actively managed crypto ETPs will become a new market trend, with global assets expected to reach 1.8 trillion dollars by 2025. 21Shares emphasized combining autonomous strategy to manage risk and has launched products linked to high-yield strategies. Market demand for complex structures and staking products is growing, and Duncan Moir pointed out the need to develop new products based on internal research and market trends.

Jinse Finance reports that on March 24, Tether has hired one of the Big Four accounting firms to complete its first comprehensive audit.