Project Progress

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Pi Network mainnet expansion is imminent, cross-chain bridge integrates KYB and smart contracts

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.
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Bisc·04-01 02:30
Pi Network mainnet expansion is imminent, cross-chain bridge integrates KYB and smart contracts

Magic Eden Wallet forced to shut down on 5/1: users must export their private keys within the limited time, or their assets will be permanently lost

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.
ME-1.05%
TRUMP-0.66%
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SOL0.08%
動區BlockTempo·04-01 01:56
Magic Eden Wallet forced to shut down on 5/1: users must export their private keys within the limited time, or their assets will be permanently lost

Galaxy Digital launches SOL staking services, making them available to U.S. customers through the GalaxyOne platform

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.
SOL0.08%
GateNews·04-01 01:42
Galaxy Digital launches SOL staking services, making them available to U.S. customers through the GalaxyOne platform

Gate Daily Report (April 1): Bitfarms plans to sell $161 million worth of Bitcoin; Tether lays off a senior gold trader

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.
BTC0.39%
ETH0.42%
ZEC0.90%
SIREN-0.52%
Bisc·04-01 01:32
Gate Daily Report (April 1): Bitfarms plans to sell $161 million worth of Bitcoin; Tether lays off a senior gold trader

Magic Eden wallet shuts down trading services, fully ceases operations on May 1

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.
ME-1.05%
USDC0.01%
Bisc·04-01 01:12
Magic Eden wallet shuts down trading services, fully ceases operations on May 1

Hong Kong’s first batch of stablecoin licenses has been delayed, and the Monetary Authority says it is working to move forward as quickly as possible

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.
GateNews·04-01 01:04
Hong Kong’s first batch of stablecoin licenses has been delayed, and the Monetary Authority says it is working to move forward as quickly as possible

WisdomTree: The Clarity Act is not a necessary prerequisite for non-crypto innovation; the existing regulatory framework is already sufficient to support growth

WisdomTree says the 《Clarity Act》 is not a necessary requirement for crypto and tokenization businesses, and that industry innovation can be advanced under existing regulatory frameworks. The company has already launched a spot Bitcoin ETF, focusing on developing tokenized money market funds, and will further expand related products in the future.
BTC0.39%
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GateNews·03-31 22:02
WisdomTree: The Clarity Act is not a necessary prerequisite for non-crypto innovation; the existing regulatory framework is already sufficient to support growth