Project Progress

The American company ETHZilla has officially rebranded to Forum Markets, transforming into a tangible asset tokenization platform. The stock price surged by over 13%. The company plans to list on NASDAQ under the new ticker symbol FRMM on March 2nd. Despite the rebound in the Ethereum market, ETHZilla still faces valuation adjustments and pressure, has reduced its exposure to Ethereum, and is engaging in physical asset acquisitions, holding 69,802 ETH, remaining one of the major corporate holders.

Pi Network news today shows its activity picking up speed again. At least according to the community updates shared on February 28. A prominent Pi community member claimed the network is now mapping roughly 50 million Pi coins per day to Mainnet wallets. The update quickly spread among Pioneers

Nivex platform enhances trading experience and returns by introducing institutions like Hyper Hedge, further meeting investor needs. Platform executives interact with the community to strengthen trust, and during the Spring Festival, a large airdrop was conducted as a reward. Nivex is committed to using AI technology to promote smart investing and connect real value.

Ripple's new whitepaper addresses fragmented crypto markets and institutional risks, proposing a Digital Prime Broker framework to centralize execution and liquidity. By leveraging the XRP Ledger for credit lines and faster settlements, it aims to enhance operational efficiency and transparency for banks and hedge funds.

Decentralized AI Computing Power Network Gonka Launches GiP Normalized Meeting Mechanism, with the first meeting scheduled for March 3rd to discuss network scalability and upgrade the Proof-of-Compute mechanism to promote transparent governance of decentralized protocols.

Korea University launched an Injective validator with 369,809 INJ staked, adding an institutional node to the network’s validator set. INJ technical levels in focus were supported at $3.03 and $2.90, while resistance was clustered between $3.39 and $3.60. Korea University has launched an

Foresight News reports that the Trump family’s crypto project WLFI has launched a real-time on-chain reserve proof page for USD1. The official statement says that Chainlink CRE will continuously pull reserve data from BitGo, verify it, and then write it on-chain. The page shows that the current USD1 collateralization rate is 100%, with a total supply of 4,711,598,238.81 tokens.

Nansen partners with UnifAI to integrate AI-driven DeFi tools into its Nansen Points Season 3, rewarding users for on-chain activities. This collaboration aims to lower the barriers to DeFi access while enhancing user engagement through gamified incentives.

Uniswap token holders have initiated a new round of DAO voting, proposing to enable fee switching mechanisms on 8 blockchains, which is expected to generate significant protocol revenue. UNI has increased by approximately 9% over the past 7 days, while BTC and ETH have declined. If the proposal passes, liquidity fees will be directed into the "token treasury," allowing users to earn rewards by burning UNI, creating a deflationary outlook. The proposal has passed the first round of voting, with the final vote ending on March 4.

Andrew Webley announced two major initiatives in the latest weekly report: acquiring profitable web design company Squarebird and securing a $30 million credit line to enhance the company's cash flow and financial flexibility. These measures aim to optimize revenue streams and address cost pressures caused by market fluctuations. At the same time, the company raised £26,745 through equity financing. Webley also discussed digital capital and AI innovation with industry peers and plans to hold a strategic meeting to implement related ideas.

AaveDAO is voting on whether to weaken the position of v3 to pave the way for the upcoming v4, with the pro side slightly ahead. Since its launch, v3 has performed steadily, but some representatives are concerned that strategic adjustments could impact stability. Meanwhile, Aave Labs' proposal to modify funding arrangements and grants has sparked controversy. This vote will have a profound impact on DeFi governance models.

Cardano partners with Circle to launch the USDCx stablecoin framework, enabling 1:1 minting and redemption to enhance on-chain US dollar liquidity. Although the total locked value remains low, it has already integrated with multiple decentralized platforms. This move helps promote the development of compliant stablecoin infrastructure and lays the foundation for future DeFi applications. In the future, the conversion of stablecoin funds into on-chain demand will determine the potential for TVL recovery.

Magic Eden announces it will shut down Ethereum EVM and Bitcoin trading services on March 9, and will focus on the Solana ecosystem and crypto gambling Dicey in the future. This move marks a strategic restructuring, aiming to transform in response to market changes and concentrate on growth potential.

Ripple's Ripple Custody assisted Ctrl Alt and Billiton Diamond in completing diamond tokenization transactions worth over $280 million, bringing their certified polished diamonds onto the XRPL blockchain, promoting the development of real-world asset tokenization. This transaction demonstrates the potential of XRPL in high-value asset on-chain applications and helps improve market transparency and efficiency.

Cardano introduced its new stablecoin, USDCx, backed by Circle’s USDC. The new stablecoin will help expand DeFi and improve interoperability across the blockchain network. The announcement follows Cardano’s introduction of its new stablecoin, USDCx, which Circle backs 1:1 with its widely used USD

Chainlink integrates with Canton Network to enable real-time data and cross-chain support, driving the tokenization of real-world assets. The new deployment improves loan, margin management, and settlement efficiency, supporting up to $8 trillion in on-chain assets, providing a trusted data layer for institutional finance. The future outlook for the RWA market is optimistic, but regulatory and market acceptance need to develop in tandem.

Ripple announces the successful tokenization of over 1 billion dirhams worth of diamonds, utilizing the XRP Ledger to record digital ownership. This project improves transaction efficiency, lowers investment barriers, and demonstrates the potential of blockchain in high-value asset management. Regulatory support in the UAE provides a model for luxury blockchain transactions and is expected to extend to more traditional assets in the future.

The U.S. Office of the Comptroller of the Currency has revised trust bank regulations, allowing national trust banks to engage in non-trust activities, eliminating previous compliance concerns. As a result, crypto companies like Ripple and Circle can now enter the U.S. banking system, promoting integration between the industry and traditional finance. At the same time, the Federal Reserve plans to streamline main accounts, which will allow these companies to access payment systems, but they face opposition from the banking industry.

PayPal and MoonPay jointly launch the PYUSDx platform, allowing developers to issue their own stablecoins based on PayPal USD, simplifying the issuance process and reducing costs. PYUSDx supports multi-chain compatibility and flexible economic models, prioritizing developer needs and promoting efficiency improvements in the Web3 payment ecosystem. USD.ai is the first project integrated, demonstrating PYUSD's potential in financial product innovation.