Project Progress

Gate News reported that on March 22, DeFi protocol Fluid released an announcement stating that it learned of the Resolv hacker incident. Fluid's automatic credit limit mechanism prevented excessive borrowing of funds, and the USR market has been suspended from trading with the situation under control. Fluid stated that if there are any bad debts remaining on the protocol, all user losses will be fully compensated. User funds and protocol security are Fluid's top priorities, and a comprehensive review is currently underway. A detailed post-mortem analysis report will be released after the investigation concludes.

Aave founder Stani.eth stated that Aave has no risk exposure to Resolv's stablecoin USR, and collateral assets are secure. Resolv has begun an orderly exit and debt repayment, with no impact on Aave's liquidity providers or the protocol.

Crypto platform Gemini has cut its workforce by 30% in 2026, citing a transformative integration of artificial intelligence (AI) that enables employees to achieve a “100x” productivity impact. The Rise of the ‘100x’ Worker Crypto platform Gemini has reduced its workforce by approximately 30%

Evernorth Holdings filed for a Nasdaq listing via SPAC, targeting over $1B in proceeds. With hundreds of millions of XRP, it plans active management strategies and benefits from recent regulatory clarity classifying XRP as a digital commodity.

The essay discusses the recent entry of large companies and ETFs into the tokenized securities market, highlighting growth driven by regulatory support and increasing institutional demand, with Ondo Global Markets managing over 250 tokenized instruments valued at nearly $2.6 billion.

Woofswap has begun testing a Layer-3 explorer for the Shiba Inu ecosystem under the ShibClaw initiative, aimed at enhancing transaction speed and reducing fees. The community expresses mixed reactions, with some eager for updates as block syncing progresses slowly.

Gate News Alert: On March 21, lending protocol Jupiter Lend launched JLP/JupUSD and JUICED/USDT vaults. The JLP/JupUSD vault offers a maximum annual percentage yield (APY) of 37.5%, while the JUICED/USDT vault offers a maximum APY of 12.3%.

GMX announces recruitment of Chief Executive Officer to oversee strategic planning and organizational structure improvement, driving company expansion. Seeking experienced leaders with understanding of decentralized infrastructure, with application deadline of April 3, 2026.

Japan's financial group SBI Holdings subsidiary SBI VC Trade plans to launch USDC lending services starting March 19, 2026, becoming the first licensed operator with stablecoins as the underlying asset. This service offers an annualized interest rate of up to 10%, with expectations to stabilize at 5% in the future. The service expands stablecoin applications from a medium of exchange to financial instruments, demonstrating Japan's strategy of establishing legislation first before opening up the market, promoting legality and adoption in its stablecoin market.

Gate News, on March 21, the Web3 identity solution World will host the "Lift Off" event in Los Angeles on April 17. OpenAI founder Sam Altman will attend as the host of the event.

A certain CEX's asset management department has launched tokenized shares of a Bitcoin yield fund in collaboration with Apex Group, targeting non-US investors and adopting the ERC-3643 standard to achieve automated compliance. Institutions are accelerating asset tokenization to improve efficiency and reduce costs.

Gate News reports that on March 21, Gala Games officially announced the launch of GalaChain's ecosystem expansion plan. Its decentralized exchange GalaSwap now supports bridging tokens from the Solana, TON, and Ethereum ecosystems onto the GalaChain network. According to the official statement, this move will enable cross-ecosystem asset access and interoperability, activate the community, and enhance the visibility of various project tokens.

Pi Network has released a new feature on its testnet. It has launched the first version of its Token Launchpad as a Pi App. This release was shared during Pi Day 2026. For now, it works with a test token, not real assets. The goal is simple. Pi wants users, called Pioneers, to learn how token launch

Renaiss Protocol completed a $30,000 community rewards airdrop on March 21 to reward users who participated in the Omega and RenaCrypt gacha machines. This event included 20 specific Pokémon cards and a $10,000 prize pool. Renaiss also distributed $17,000 in rewards through its collaboration with BNB Chain. The platform's total trading volume has exceeded $6 million, with over 223,800 registered users. The liquidity incentive mechanism, SuperLiquid Beta 2.0, is expected to be launched next week.

OpenLedger is adopting the ERC-4626 vault model to enhance automated capital management in DeFi, promoting interoperability and easing yield strategy development for users and developers. This approach aims to simplify access to yield-bearing products and reduce complexity for retail investors.

BTQ Technologies has launched the first working implementation of BIP 360 on its Bitcoin Quantum testnet. The update allows developers to test quantum-resistant bitcoin transactions in a live environment. Bitcoin Quantum Testnet Debuts BIP 360 Implementation BTQ Technologies has introduced Bitco

Circle Completes IPO, Jeremy Allaire Emphasizes Stablecoins Still in Early Stage, Targeting to Build Digital Dollar Network Infrastructure and Next-Generation Financial Platform. Editor's Note: In 2025, stablecoin issuer Circle completed its IPO, becoming one of the most closely watched listing cases in the crypto industry in recent years. As the issuer of USDC, Circle is attempting to promote stablecoins from a trading tool in the crypto market to a digital dollar infrastructure capable of circulating in networks. In "The David

Gate News, on March 21, Zhipu Z.ai global head Li Zixuan posted on the X platform stating: "Don't panic. GLM-5.1 will be open source." (Don't panic, GLM-5.1 will be open source.) The release date and specific details of the model have not yet been disclosed.