Project Progress

Gate News reports that on April 2, Anna, the founder of stablecoin infrastructure company Perena, issued a statement confirming that its three products—Perena USD, USD-J, and USD-P—were not affected by the Drift attack incident. However, the JLP vault managed by Neutral Trade, a platform sharing quantitative strategies within the Solana ecosystem, is running on Drift, which may pose certain risks or implications.

The U.S. Office of the Comptroller of the Currency (OCC) issued Bulletin 2026-4, effective April 1, providing a clear regulatory path for Ripple’s national trust bank and allowing it to operate after meeting the conditions to open for business. This bulletin replaces “fiduciary activities” with “the operations of a trust company,” expanding the organization’s service scope, including digital asset custody services. Ripple’s regulatory status has undergone a significant transformation, and in its application for a licensed institution, it seeks a Federal Reserve master account, focusing on the growth and challenges of the digital asset market.

Gate News update: On April 2, the Solana liquidity protocol Meteora issued a statement saying that all funds on Meteora are safe, and that all platform features and the treasury have not interacted with the Drift protocol.

The TON core team announced a consensus mechanism upgrade: Catchain 2.0 has started mainnet deployment. The goal is to reduce block confirmation time to about 1 second. This upgrade improves block generation speed and emphasizes that application developers need to adapt to the Streaming API to ensure a good user experience. If they do not adapt, the benefits of the upgrade will be greatly diminished.

Gate News reports that on April 2, Solana liquidity protocol Orca CEO Michael Hwang posted a tweet stating that Orca was not affected by the Drift attack incident and that users’ funds are safe. Michael Hwang pointed out that Orca’s smart contracts have passed four audits, ensuring their security and reliability.

Gate News, April 2, Unitas Protocol, a yield generation protocol, released a statement saying it was not affected by the Drift Protocol attack incident. Unitas Protocol has no exposure on Drift; all collateral is safe; all strategies (including the JLP Delta-neutral strategy) are running normally, and user funds are secure. Collateral can be accessed via Accountable and Primus

Paradigm is developing a prediction market trading terminal for professional traders and market makers, and plans to set up an internal market-making department and conduct research into prediction market indices. This terminal does not compete with Kalshi because the two products target different audiences. In addition, Paradigm will also expand its investment focus to artificial intelligence and robotics technology, demonstrating its strategic shift from a crypto venture capital firm to a multi-strategy technology investment institution.

Paradigm is developing a prediction market trading terminal, aiming at professional traders and market makers, and plans to set up an internal market-making business while exploring the feasibility of prediction market indices. Its main investment’s Kalshi valuation has reached $22 billion, indicating rising market momentum. Paradigm is also expanding into the AI and robotics space, reflecting a diversified business strategy.

Pendle’s Boros trading platform, launched on April 2, has introduced the Boros OTC trading platform. It is designed to serve liquidity providers and large-scale traders, supports hedging with large notional funding rate exposure, and comes with customized terms and zero price impact. The service is aimed at traders with transactions above $500,000; users must submit their trading intent and only after approval of eligibility can they create a trading proposal. Trades settle directly on-chain.

XRP is advancing into enterprise finance as Ripple integrates it into treasury systems, enabling real-time liquidity management and positioning it as a functional asset for corporate cash operations. XRP Becomes Core Asset In Ripple Treasury Liquidity Strategy A shift in enterprise finance is a

Jupiter on X confirmed it was not affected by the Drift security incident. Jupiter Lend is not related to the Drift market, and JLP is fully backed by underlying assets. Drift Protocol suffered a security incident, with losses totaling between $200 million and $270 million, half of which was stolen JLP assets.

_New AI agents from Chainalysis simplify blockchain analysis while preserving accuracy, auditability, and human oversight._ Chainalysis has introduced a new suite of AI-powered agents to expand access to blockchain intelligence across organizations. The growing use of AI by cybercriminals has

Blackrock is pushing deeper into crypto income strategies with a bitcoin-linked ETF designed to generate yield while tracking price exposure, signaling a more complex evolution in institutional bitcoin investing that blends derivatives with core holdings. Blackrock Files Amendment for Bitcoin

_Ripple and Convera introduce a stablecoin settlement model to improve speed and flexibility in global payments._ Ripple is expanding its role in global payments as blockchain-based settlement gains traction. Stablecoins are increasingly used as a bridge between traditional finance and digital

World has released a toolkit that lets developers convert web apps into Mini Apps with minimal code changes and full compatibility with Ethereum’s EIP‑1193 standard. Ecosystem Growth and Scalability Sam Altman’s World has unveiled a technical upgrade to World Chain that allows developers to

_Hong Kong delays stablecoin licenses as regulators review 36 applications, tighten KYC rules, and ensure financial stability before first approvals._ Hong Kong has delayed the release of its first stablecoin licenses. It was to be rolled out by the end of March 2026. Nonetheless, regulators are st

Cardano's price is stabilizing around the $0.245 support level amid market consolidation and declining momentum. The inability to break resistance at $0.268 raises concerns about upward strength. Meanwhile, development of the new node version 10.7.0 is in testing, promising enhancements for the ecosystem.

Ripple Prime has expanded its integration with Hyperliquid to include commodity perpetual contracts, enabling institutions to access decentralized derivatives alongside traditional asset management within a unified margin system, enhancing efficiency and portfolio management.

Ondo integrates with Talos to offer tokenized stocks and ETFs to institutional clients across 30+ countries. Gate provides liquidity, enabling institutions to trade blockchain-based equities without direct Ondo onboarding. Platform supports multi-chain tokenized assets with over $13B

Tether is launching its U.S.-backed stablecoin, USAT, on Celo, marking its first move beyond the Ethereum mainnet. This shift aims to integrate USAT into a payments-focused environment, enhancing accessibility and usability in onchain transactions.