Project Progress

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"10.10" $19 billion crypto collapse event unexpectedly drives the rise of on-chain options

The 2025 cryptocurrency market collapse resulted in massive asset evaporation, but on-chain options startups are seizing growth opportunities. On-chain options demand is rising as institutional investors increasingly focus on options as a risk hedging tool, driving market diversification.
BTC0.57%
ETH0.07%
GateNews·03-24 07:29
"10.10" $19 billion crypto collapse event unexpectedly drives the rise of on-chain options

Aave v4 Receives Near-Unanimous DAO Approval, Set to Launch on Ethereum

Aave Protocol's upcoming v4 version passed by an overwhelming majority in the DAO vote, laying the foundation for its launch on Ethereum. The new version will improve capital efficiency, provide customized lending markets, and prioritize security, marking a significant upgrade for Aave in the DeFi space and is expected to attract more attention from users and institutional investors.
AAVE3.79%
ETH0.07%
GateNews·03-24 07:23
Aave v4 Receives Near-Unanimous DAO Approval, Set to Launch on Ethereum

Balancer Labs Shuts Down, Eyes a Fresh Start

_Balancer co-founder Fernando Martinelli announces BLabs shutdown after a damaging exploit, outlining a leaner path forward for the protocol._ Balancer Labs is shutting down. Co-founder Fernando Martinelli made the announcement in a detailed post addressed to the Balancer community.  He cited
BAL-2.72%
LiveBTCNews·03-24 07:15
Balancer Labs Shuts Down, Eyes a Fresh Start

Balancer Labs Announces Shutdown, $128 Million Hacker Attack Severely Damages Protocol Operations

Balancer Labs, the parent company of the well-known liquidity protocol Balancer, has announced it will cease operations. The shutdown follows a hacker attack in November that resulted in a $128 million loss, leaving the company unable to continue operations. Co-founder emphasized that the protocol will continue to exist and plans to restructure, concentrating resources on core products. The coming year will be critical.
BAL-2.72%
ChainNewsAbmedia·03-24 07:05
Balancer Labs Announces Shutdown, $128 Million Hacker Attack Severely Damages Protocol Operations

Polygon-based Katana acquires IDEX to enter perpetual futures market, intensifying on-chain derivatives competition

Polygon Labs and GSR-incubated DeFi chain Katana have acquired the decentralized exchange IDEX and launched the native perpetual futures platform Katana Perps, marking a strategic upgrade in their on-chain trading infrastructure. The platform integrates IDEX's technology, aims to improve trading efficiency while maintaining on-chain advantages, and further enhances the DeFi ecosystem.
IDEX-9.42%
SUSHI0.46%
MORPHO1.92%
GateNews·03-24 07:03
Polygon-based Katana acquires IDEX to enter perpetual futures market, intensifying on-chain derivatives competition

Golden Afternoon News | Important Midday Updates on March 24

Spain arrests suspect in Ledger co-founder kidnapping case, Aave v4 receives nearly unanimous support to proceed with mainnet deployment, while Russia allows Bitcoin and other cryptocurrencies to enter the market, and multiple central banks will increase gold holdings to address geopolitical risks.
AAVE3.79%
ETH0.07%
BTC0.57%
SOL0.93%
金色财经_·03-24 06:59
Golden Afternoon News | Important Midday Updates on March 24

BIP 360 Testnet Goes Live, 50 Miners Join Quantum-Resistant Bitcoin Test Mining

BTQ Technologies announced the successful deployment of BIP 360 on the Bitcoin Quantum Testnet, addressing quantum vulnerabilities in Taproot by using a new output type P2MR to prevent public key exposure. The testnet has attracted 50 miners and features complete validation capabilities. While quantum threats currently have limited impact on Bitcoin's overall security, approximately 7 million bitcoins are within the risk range. BIP 360 is still in draft stage and requires careful review before mainnet implementation.
BTC0.57%
MarketWhisper·03-24 06:42
BIP 360 Testnet Goes Live, 50 Miners Join Quantum-Resistant Bitcoin Test Mining

8 Years of Cross-Chain Journey Comes to an End, Taiwan NFT Pioneer Lootex Shuts Down on April 4

Taiwan multi-chain NFT trading platform Lootex announced that it will cease all services on April 4 and provide users with asset security guidance. The platform founder thanked all supporters and stated that the decision to exit was made proactively due to changes in the NFT market environment. Users' NFTs remain safely stored in personal wallets, and it is recommended to check and revoke authorizations. The platform's native token $LOOT can still be traded on Gate exchange.
ETH0.07%
BNB3.29%
MNT-0.12%
MarketWhisper·03-24 06:32
8 Years of Cross-Chain Journey Comes to an End, Taiwan NFT Pioneer Lootex Shuts Down on April 4

Balancer Gradually Ceasing Operations! Earned Zero Revenue After Million Dollar Hack, Facing Legal Risks

DeFi protocol Balancer is gradually shutting down operations following a million hack, citing lack of sustainable revenue and legal risks. The future will be maintained by the DAO. Founders will exit, and the restructuring plan will halt token issuance, highlighting the challenges of the old model.
BAL-2.72%
ETH0.07%
AVAX0.06%
ARB-2.45%
CryptoCity·03-24 06:21
Balancer Gradually Ceasing Operations! Earned Zero Revenue After  Million Dollar Hack, Facing Legal Risks