Project Progress

X (formerly Twitter) will implement new protective measures. If a user posts content related to cryptocurrency for the first time, the account will automatically be locked and prompted for identity verification to prevent hackers from using the account to carry out scams. X product lead Nikita Bier also criticized Google for tolerating phishing emails, emphasizing that this move can eliminate 99% of hackers’ motivations.

Ripple is transforming corporate finance with Ripple Treasury, allowing companies to manage traditional and digital assets in one place. By simplifying crypto integration and connecting it to a regulated payments network, Ripple aims to enhance cross-border transactions, positioning XRP as a key component in this evolving landscape.

Ratings agency KBRA assigned a BBB issuer rating to Ripple Prime (formerly known as Hidden Road), which is the company’s prime brokerage arm. This major credibility win in traditional finance for the entity behind XRP and RLUSD comes shortly after its CEO, Brad Garlinghouse, praised Ripple Prime’s

heyAura, formerly AdEx, is shifting from decentralized advertising to AI agents for Web3 wallets. Their new wallet-native assistant helps users manage complex on-chain actions with human oversight, aiming to streamline operations and reduce risks in the increasingly intricate crypto environment.

The AI savings protocol Surf Liquid launched on April 2 on the Polygon network, introducing an AI-driven stablecoin savings vault that lets users deposit USDC. Users can earn yield through lending markets, with a minimum deposit of $10. Funds are allocated by AI agents to the Morpho V2 protocol, and users can withdraw at any time.

Project 0 Co-Founder MacBrennan posts an update, stating that the losses from the Drift vulnerability incident will be addressed by April 2, and the specific calculation method will be announced before resuming operations. Drift lenders will share losses proportionally, while non-lenders may face an impairment of up to approximately 2%. The loss assessment is based on the most conservative scenario; conditions may improve in the future.

Gate News update, April 2, Uniswap announced that Uniswap v2, v3, and v4 are now live on the Linea network. Linea is a zkEVM L2 scaling network built by Consensys. Currently, Linea is available on the Uniswap web app and the Uniswap API, and Uniswap Wallet for iOS and

Resolv Labs updated users on the recent exploit that minted 80 million USR tokens. While whitelisted holders have largely redeemed their tokens, non-whitelisted users and RLP holders face delays. Investigations found no insider involvement, but recovery remains uncertain.

BitGo has launched a new institutional service that enables clients to mint, redeem, and manage stablecoins within a single platform, starting with USD1 and SoFiUSD. This initiative aims to streamline stablecoin operations for institutions by integrating issuance and custody functions.

Gate News message, April 2, Telegram’s built-in crypto wallet Wallet in Telegram announced the launch of perpetual contract trading functionality, supported by Lighter on the technical side. The feature supports more than 50 trading markets, covering multiple asset classes such as metals, stocks, oil, and cryptocurrencies, with a maximum leverage of up to 50x.

SoFi is launching a business banking platform, SoFi Big Business Banking, enabling companies to manage both traditional currency and crypto in a single, regulated environment. This platform aims to streamline transactions and reduce reliance on multiple providers, allowing instant conversion and movement of funds.

SoFi has launched a new corporate banking platform that integrates fiat and crypto payments, providing 24/7 transaction capabilities. This strategy aims to streamline payment processes for organizations, enhance liquidity, and strengthen the firm's position in the competitive financial infrastructure landscape.

France's Lightning Stock Exchange (Lise) is set to list ST Group, marking a potential first for fully onchain IPOs in Europe. This move aims to simplify and speed up capital raising for small and mid-sized firms through tokenization.

Gate News message, on April 2, Wormhole posted on the X platform in response to the Drift Protocol attack incident. Wormhole said that user assets are not currently at risk, and the cross-chain bridge functionality can still be used normally. However, due to the built-in security mechanisms configured for Solana, some cross-chain transfers may experience delays. Wormhole’s core contributors have been in communication with the Solana ecosystem team and will continue to provide support as needed.

Polygon announced it will roll out a Private Mempool feature, providing MEV protection by routing transactions directly to the block producers selected through the validator election, avoiding the risk of transactions in the public mempool being manipulated, thereby reducing the likelihood of user slippage and transaction failure.

Gate News message, April 2, Nasdaq-listed company Soluna Holdings announced that it has spent $53.0 million to acquire a wind farm located in West Texas. Soluna Holdings focuses on developing green data centers for compute-intensive applications such as bitcoin mining and artificial intelligence. After the transaction is completed, the company will launch the Dorothy 3 project development to support building a renewable-energy-driven AI data center.

Tether has dismissed senior gold traders from HSBC, ceasing its plans for a competitive gold trading desk while managing 140 tons of gold. This decision coincides with ongoing financial adjustments and audit efforts as Tether explores new funding and operations.

BitGo launched its BitGo Mint service on April 2, enabling institutional customers to mint, redeem, and manage stablecoins and other digital assets within a unified workflow. The first supported tokens are USD1 and SoFiUSD.

BitGo is expanding its stablecoin infrastructure for institutional clients by offering minting and redemption services. This move aims to enhance liquidity coordination for market makers, banks, exchanges, and asset managers, ultimately improving capital flow and operational efficiency in the crypto market.