Project Progress

According to a proposal published by Aave Labs on April 25 on the Arbitrum governance forum, Aave Labs asks the Arbitrum decentralized autonomous organization (DAO) to unfreeze 30,765 ETH associated with the Kelp DAO attack and to transfer the above funds to the “DeFi United” Recovery Fund, to restore support for rsETH and compensate holders.

Gate News message, April 27 — Western Union announced during its first-quarter earnings call on April 24 that its Solana-based stablecoin, USDPT, is in final preparation stages and is expected to launch next month. CEO and President Devin McGranahan stated: "It is no longer a question of if Western

Gate News message, April 27 — Jupiter Lend has increased its JLP/JupUSD borrowing limit from $25 million to $40 million. Users can now borrow up to 85% LTV or perform recursive operations on JLP. The protocol announced the adjustment via social

According to an official announcement posted on X on April 27 by Polymarket developers, Polymarket will roll out a full platform infrastructure upgrade at 11:00 UTC on April 28, with trading paused for about 1 hour. This upgrade includes new generation trading contracts, a rebuilt order book, and the introduction of a new collateral token, pUSD. The platform’s existing collateral assets will be migrated from USDC.e to pUSD.

Gate News message, April 27 — Polymarket announced it will upgrade its platform on April 28, 2026, at approximately 19:00 UTC, with trading suspended for about one hour during the maintenance window. The upgrade includes a new-generation trading contract (CTF Exchange V2), a reconstructed order book

Gate News message, April 27 — Curve team unveiled a governance proposal on April 27 to address approximately $700,000 in bad debt from the CRV-long LlamaLend market, which occurred on October 10, 2025. The proposed recovery mechanism leverages the optionality of CRV-long vault assets: vault value in

Sui Network decentralized lending protocol Scallop posted an official announcement on the X platform on April 26 (Sunday), confirming that it was hit by a vulnerability attack. The attacker extracted approximately 150,000 SUI from an abandoned rewards contract associated with sSUI spool. According to the official statement, the core liquidity pool and users’ deposits were not affected. The protocol has restored deposits and withdrawals, confirming that the company will fully reimburse all losses with company funds.

Gate News message, April 27 — AAVE is now live on the Solana network, with support for trading the DeFi governance token on platforms including Phantom and Jupiter. Aave is a non-custodial liquidity

Gate News message, April 27 — Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound filed a Constitutional AIP on the Arbitrum forum Saturday morning, requesting the release of approximately $71 million in frozen ETH to support DeFi United, a cross-protocol relief effort following last week's $292 m

Gate News message, April 26 — Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking Arbitrum DAO to release roughly $71 million in frozen ETH into DeFi United, a cross-protocol relief effort following last week's $292 million Kelp DAO

Standard Chartered's global head of digital assets research, Geoffrey Kendrick, said on April 29 that the decentralized finance ecosystem has taken a hard hit from the KelpDAO rsETH exploit but ultimately not a fatal one. In a note titled "DeFi – Bent, not broken," shared with The Block, Kendrick ar

TON reduces transaction fees sixfold to near-zero levels, shifting to fixed pricing independent of network congestion. Upgrade boosts speed and finality, enabling faster, cheaper transactions compared to Ethereum, Bitcoin, and Solana. Lower costs support microtransactions and apps,

Scallop was attacked on the Sui chain, and the side contract involved led to the sSUI rewards pool being exploited. Approximately 150k SUI were stolen. The core contract is secure, and deposits and withdrawals have been restored. The official statement applies only to the deprecated rewards contract; users’ funds were not affected. Former NEAR developer Vadim said the vulnerability originated from an outdated V2 package from 17 months ago, where not initializing last_index caused rewards to accumulate starting in 2023. The fix requires adding a version field to the shared object and strengthening version checks to prevent risks caused by outdated packages.

JPMorgan's global head of ETF product, securities services, Ciarán Fitzpatrick, stated that tokenization will drive change across the entire funds industry, according to a post from Friday. Fitzpatrick noted that while experimentation with tokenizing ETFs is ongoing, the bank estimates it will be "a

Gate News message, April 26 — A coalition of major DeFi protocols led by Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking the Arbitrum DAO to release approximately $71 million in frozen ETH to support DeFi United, a cross-protocol

Gate News message, April 26 — Scallop, a lending protocol in the Sui ecosystem, announced the discovery of a vulnerability in an auxiliary contract associated with its sSUI reward pool, resulting in a loss of approximately 150,000 SUI. The affected contract has been frozen, and Scallop confirmed

Gate News message, April 26 — BHT (Balance Hub Terminal) announced today that its device cluster DAPP has officially launched globally, with operations beginning at 12:00 UTC / 08:00 ET on April 26, 2026. As a core application layer within the MOVA Chain ecosystem, BHT focuses on device clusters an

Gate News message, April 26 — Ripple has deployed its institutional-grade digital asset custody platform, Ripple Custody, with leading financial institutions across multiple regions. The API-first platform integrates with existing banking infrastructure and provides instant wallet provisioning,

Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound filed a Constitutional AIP on the Arbitrum forum Saturday morning requesting the network's DAO release approximately $71 million in frozen ETH to support rsETH recovery efforts following last week's $292 million Kelp DAO exploit. The proposal