Project Progress

Gate News Report, March 12 — U.S. major bank Wells Fargo has filed a cryptocurrency-related trademark application with the United States Patent and Trademark Office for the name WFUSD. According to the application documents, WFUSD will provide cryptocurrency payment processing, digital asset trading execution, and asset tokenization software services. The name suggests that it may be a deposit token or stablecoin. Previously in 2019, Wells Fargo disclosed plans to pilot an internal settlement service called "Wells Fargo Digital Cash" on its proprietary distributed ledger platform.

Gate News Report, March 12 — Sources reveal that HSBC, Standard Chartered, and Hong Kong-based virtual asset trading platform OSL will be among the first institutions to receive a Hong Kong stablecoin license. The report states that the list may be announced as early as next week, but nothing has been finalized yet, and changes are still possible. The Hong Kong Monetary Authority responded by saying they do not comment on market rumors.

Bitcoin hits 20M mined coins, fueling debates on supply, institutional buys, and market control. Zcash seed round and privacy tech drive social buzz, while Tether gains attention via USAT launch. Ethereum staking, Dogecoin rumors, and TRON AI partnerships dominate crypto social

Coinfello has launched its open-source Openclaw skill, designed to facilitate secure interactions between AI agents and Ethereum Virtual Machine smart contracts, in partnership with Metamask. Delegated Permissions and ERC-4337 Integration Coinfello, an artificial intelligence (AI) agent designed

Pundi AI and Metya have partnered to launch the "Tag to Earn" model, enabling users to contribute to AI training data while earning rewards. This collaboration integrates social engagement, AI, and payments, enhancing value for Metya's vast community.

Prediction market Myriad is transitioning to World Liberty Financial’s USD1 stablecoin as its exclusive settlement asset. As part of the move, Myriad, owned by _Decrypt_’s parent company Dastan, is migrating its entire prediction market catalog to BNB Chain. > Welcome to MYRIAD Season 3. > > Our b

Gate News Announcement: On March 11, the Solana ecosystem DeFi protocol Drift announced that on March 12, it will launch cross-chain deposit functionality, allowing users to transfer funds from any major trading platform and start trading.

VanEck Research Director Matthew Sigel pointed out that Bitcoin mining stocks are attractive to investors, as mining companies are shifting toward the AI market to enhance value. Core Scientific plans to sell Bitcoin assets to expand its AI business, and Riot Platforms expects to achieve a strategic transformation by 2025. Over the past 12 months, both Core and Riot stocks have increased by 90%, while MARA has fallen 35% due to rising costs. NODE ETF has risen over 30% since its launch.

Ferra is an all-in-one DEX on the Sui blockchain, utilizing a dynamic liquidity layer and multiple AMM engines. It has completed $2 million in funding. Users can earn points through liquidity mining and trading to participate in airdrops. The project is simple and easy to operate, with low early participation costs and strong growth potential.

Elon Musk revealed that xAI, in collaboration with Tesla, is developing the Macrohard or Digital Optimus project, which combines Grok and AI technologies to process computer operations in real time. This system simulates the entire company's operations and is jokingly called "Giant Hard." Its goal is to create a unique and low-cost real-time intelligent AI system.

In brief Shares of Brera Holdings (SLMT) have dumped more than 19% on Wednesday. The firm announced its intentions to shift focus to a UAE-centered Solana infrastructure firm late Tuesday. One of its largest institutional shareholders, Ark Invest, began offloading small portions of its

Société Générale-FORGE has expanded its euro-backed stablecoin, EUR CoinVertible, to the Stellar blockchain, enhancing its multichain strategy and enabling broader access to compliant digital currencies. This growth aims to link traditional finance with blockchain technology and supports the EU's MiCA regulation.

DoubleZero launched the real-time market data delivery platform DoubleZero Edge on March 11, providing traders with high-speed data transmission services. The platform uses multicast technology to ensure a fair competitive environment. Starting from Epoch 939, validators are exempt from the 5% block reward fee and can earn additional income by publishing shreds.

The Cardano Foundation has released CIP-0113, which allows token issuers to embed enforceable compliance logic directly to native assets on the network. The goal is to enhance regulated tokenization as institutions have been demanding tokens that can enforce features like KYC and AML

Across Protocol proposes a temperature check initiative, planning to transform the existing DAO and token structure into a C Corporation in the United States. ACX token holders can exchange their equity proportionally or redeem for USDC, and holders can choose different participation methods based on their scale.

Osmosis plans to migrate its DEX to Cosmos Hub. If approved, native liquidity, governance, and security will be unified. Circulating OSMO will be converted to ATOM at a specific ratio within 6 months, without affecting existing staking emissions. Unclaimed ATOM will be returned to the community pool.

The migration process on Pi Network briefly restarted on March 10 before stopping again. During this short window, the network transferred about 85,000 Pi coins to user wallets. The migration resumed around 3 PM Beijing time, according to community updates. But the process paused again after the tra

Shiba Inu ambassador Shytoshi Kusama has paused X activity since February 21, raising speculation about potential updates or improvements hinted in his bio. Meanwhile, SHIB's price shows slight gains despite broader market declines.

Bitcoin mining pool operator Foundry Digital will launch a domestic Zcash mining pool in the United States next month, providing compliance review and operational control support for institutional and publicly listed company miners. The new mining pool will implement KYC and anti-money laundering checks, and mining rewards will be distributed through transparent addresses.