Project Progress

Polymarket’s daily revenue on April 1 reached $550,000, ranking seventh across all crypto exchanges, showing the success of the new fee schedule. This plan sets variable fee rates for different markets, encouraging bets with high uncertainty. At the same time, P2P.me triggered a trust crisis due to insider-betting events, highlighting the need for integrity rules.

Pi Network has introduced a new RPC server on its Testnet. This marks a key step in its technical growth. The update allows developers to interact directly with the network in a simple and structured way. With this launch, developers can now test, simulate and prepare smart contracts before they

OSL Group (863.HK) announced its 2025 performance. Total revenue and core operating revenue both hit record highs, increasing by 30.4% and 150.1%, respectively. Going forward, it will advance a payment blueprint based on stablecoins and the application of AI technology, strengthening its position in global financial infrastructure. Stablecoin trading volume accounts for 60% of total trading volume.

Gate News message, April 1, the DeFi protocol Spark announced that its lending platform SparkLend has added support for wBTC (Wrapped Bitcoin, a tokenized form of Bitcoin on Ethereum) as collateral. Users can now use wBTC to borrow and lend on the SparkLend platform.

Hong Kong’s Hong Kong dollar stablecoin licensing program has been delayed, and it has still not been approved to date. The market expects it may be pushed back to April. Regulators are focused on the applicants’ use cases and compliance, and the high bar is intended to reduce risk. HSBC, Standard Chartered, and others are potential licensees. Stablecoins will connect traditional finance with blockchain assets, and this will be tied to competition in regional digital finance.

Aztec Network released an Alpha version on April 1, supporting a full private execution environment, including data privacy, identity privacy, and computation privacy. Developers can write smart contracts using the Noir language, and users generate proofs through local execution to enable private transactions.

Based on a mission and strategy for 2026 released on April 1, it focuses on building the global market, expanding payments and stablecoins, and becoming builders’ home, aiming to enhance the on-chain market infrastructure and support multi-asset 24/7 trading.

Noise announces the launch of a Beta version, dedicated to cultural trend analysis and value assessment, emphasizing understanding modern changes rather than merely predicting prices. Sign up for free; trading requires a $5 fee. The team will iterate the product based on user feedback; they have previously completed $7.1 million in fundraising.

Qivalis CEO said the euro’s share of on-chain trading is only 0.2%, which exposes Europe to the risk of dollarization. Supported by 12 banks, the Qivalis plan will issue a euro stablecoin to address fragmentation in the stablecoin market, and complement the European Central Bank’s digital euro, with the goal of safeguarding the euro’s position in the global financial system.

Flexa ends a seven-year crypto payments experiment, shutting down its SPEDN app while pivoting toward scalable infrastructure for merchants and partners, signaling a shift from consumer-facing pilots to broader digital asset integration across existing payment systems. Flexa SPEDN Shutdown

Will Peck said WisdomTree’s digital asset innovation won’t be affected by whether the $CLARITY Act is passed, because existing SEC regulatory tools are already sufficient to support the development of tokenized securities and funds. The company is committed to tokenized money market funds with real-time settlement, breaking traditional settlement constraints, improving liquidity, and reflecting that even amid market volatility, demand for tokenized financial products remains steady.

Pi Network is developing a cross-chain bridge to connect its blockchain with other major networks, and to conduct smart contract testing and security audits. Its core features include using KYB identity verification to ensure compliance, and allowing businesses to enter the ecosystem. This series of measures is intended to improve the system’s transaction efficiency and security, and to expand the use cases for the PI token.

Magic Eden announced that its native wallet will completely stop providing services on May 1, 2026. Users must export their private key or seed phrase before the deadline; otherwise, they will lose access to their assets. Recently, Magic Eden has continued to scale back its business, pivoting to focus on the Solana ecosystem and the iGaming platform Dicey, and has adjusted the ME tokenomics model to connect it with platform revenue.

Toobit has upgraded its Copy Trading feature, introducing customizable leverage, multiple referral profit-sharing tiers, a private leading mode for professional traders, and a redesigned user interface for better performance tracking. These enhancements cater to the growing demand for personalized social trading tools.

Gate News update, April 1, Galaxy Digital launched a SOL staking service. The service is offered through its financial technology platform, GalaxyOne, and is open to eligible customers in more than 40 states and territories in the United States. Any SOL staked on GalaxyOne will be delegated to Galaxy Digital’s validators.

Bitcoin (BTC) was flat at $68,060 on April 1, and U.S. President Trump said he will end the Iran war. The Bitcoin miner Bitfarms plans to change its name to Keel and sell $161 million worth of Bitcoin. Stablecoin issuer Tether fired two precious-metals traders. U.S. stocks rebounded, and all three major indexes hit new highs. Market sentiment fluctuated with news of the Iran war, so it’s necessary to carefully control investment risk.

The NFT marketplace Magic Eden announced that its native crypto wallet will enter “withdraw-only” mode starting April 1, and will fully stop operating on May 1. Users must withdraw their private keys or seed phrases before May 1; otherwise, they will permanently lose their assets. The wallet has been delisted and cannot be downloaded again. This shutdown is part of Magic Eden’s business transformation, shifting its focus toward crypto entertainment. The ME token incentive program is not affected, but the price is near its historical low.

Hong Kong’s first batch of stablecoin issuer licenses was originally set to be issued in March 2026, but it did not roll out as scheduled. The Hong Kong Monetary Authority said it is moving forward with the licensing process, and the market is watching the application status of HSBC and Standard Chartered. Among the applications for the second batch of licenses, Futu Securities and OSL Group are strong contenders.

Magic Eden announced it will gradually shut down its native wallet service. Starting today, users can only export their private keys or recovery phrases. After May 1, the wallet will be completely stopped, the app will be taken down, and users need to withdraw their funds before the deadline.