Project Progress

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OpenSea CEO responds to Vanity Fair controversy: wife developing independently, team will focus on long-term growth

OpenSea CEO Devin Finzer, responding to the Vanity Fair controversy, stated that despite external criticism, the team continues to develop and focuses on products that users love. He emphasized that the crypto industry is still in its early stages and will become integrated into daily life in the future, noting that the report misunderstood the industry.
BTC0.16%
GateNews·03-18 09:01

SEC and CFTC jointly recognize APT as a digital commodity rather than a security

Gate News reported that on March 18, Aptos posted on the X platform stating that the U.S. Securities and Exchange Commission (SEC) has formally determined that APT is a digital commodity, not a security. Today's joint interpretive statement released by the SEC and the U.S. Commodity Futures Trading Commission (CFTC) provides regulatory clarity for all parties building, investing, and participating in the Aptos ecosystem. This is a statement issued by both agencies with their full interpretive authority.
APT-0.38%
GateNews·03-18 09:00

Virtuals Protocol Brings Agent Commerce to BNB Chain

Virtuals Protocol is introducing "agent commerce" to BNB Chain, allowing AI agents to perform tasks and earn on-chain. This requires a reliable system for identity, payment, and verification, which Virtuals is developing. New tools, including the BNBAgent SDK, facilitate the creation of trusted AI agents. This innovative approach could transform AI and crypto interactions, contingent on establishing safe and fair frameworks.
VIRTUAL-1.51%
BNB1%
Coinfomania·03-18 08:46

Vitalik Buterin Proposes Streamlined Ethereum Concept, ETH Expected to Balance Speed and Security

Ethereum co-founder Vitalik Buterin proposed the concept of "Ethereum Lite," aiming to simultaneously enhance network speed and security through a dual-system architecture that strengthens network resilience. This upgrade could potentially change the standards for evaluating blockchain performance, with the community responding positively and focusing on future practical performance metrics. Success would establish a differentiated advantage for ETH.
ETH-0.45%
GateNews·03-18 07:30

SEC Formally Recognizes XRP as Digital Commodity, Ripple Chief Legal Officer Confirms Long-Term Non-Security Status

Ripple Chief Legal Officer Stuart Alderoty welcomes the SEC's latest guidance, classifying XRP as a digital commodity rather than a security, ending regulatory disputes. The document provides a clear framework for the digital asset market, boosting market confidence, promoting long-term XRP adoption, and supporting the development of the Ripple ecosystem.
XRP0.2%
BTC0.16%
ETH-0.45%
ADA0.73%
GateNews·03-18 07:14

Ripple Firmly Supports XRP, Research Report Reveals Irreplaceable Position of Its Payment Network

A latest research report indicates that XRP remains the core of Ripple's cross-border payment infrastructure, serving as a liquidity bridge. Even with the launch of the stablecoin RLUSD, XRP remains irreplaceable in value exchange and transaction speed. Ripple is positioning it as a bridge for central bank digital currencies, enhancing long-term market confidence.
XRP0.2%
GateNews·03-18 07:10

Pi Network completes Protocol 20 upgrade, with NFT and subscription contracts coming soon

Pi Network completed a mainnet upgrade to Protocol 20 on March 18, providing a smart contract execution environment to support upcoming NFT and escrow functionalities. Smart contracts will be rolled out in phases, with the first phase featuring subscription contracts, followed by escrow contracts and NFT tools in subsequent phases. Each step requires security audits and community verification to ensure safety and stability.
PI4.03%
MarketWhisper·03-18 06:35
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Pi Network Upgrades Mainnet to Protocol 20

Pi Network's latest upgrade to Protocol 20 establishes foundational support for smart contracts, focusing on real-world applications. The rollout emphasizes careful testing and community feedback while improving tools like Pi Wallet and SDK, marking a significant advancement for the ecosystem.
PI4.03%
Coinfomania·03-18 06:25

Jupiter Wallet Launches the Auto Earn Automatic Income Feature

Gate News, on March 18, Jupiter Wallet announced the launch of Auto Earn feature. This feature allows users to set a trigger amount (minimum $10). When the wallet balance reaches the set threshold, the system will automatically deposit tokens into the Jup Lend protocol. This process requires no gas fees from users, and idle tokens can automatically generate yields.
JUP-2.14%
GateNews·03-18 06:01

Aster launches privacy Layer 1 mainnet, with ASTER price rebounding despite a 76% decline in trading volume

Decentralized derivatives platform Aster launched Aster Chain on March 18, a high-performance privacy blockchain designed specifically for perpetual futures, supporting cross-chain asset deposits and emphasizing account-level privacy protection. Although the mainnet launch drove a brief surge in ASTER price, trading volume and total locked value declined significantly. Whether it can attract liquidity in the future will be key to its growth.
ASTER1.52%
GateNews·03-18 05:57

Theo Completes $100 Million Funding, Launches thUSD Yield-Stable Coin Using Gold Futures

New York-based platform Theo announced the completion of a $100 million funding round and launched thUSD, a yield-bearing stablecoin backed by gold. It creates two independent sources of income through arbitrage between the gold token thGOLD and gold futures, aiming to provide hedging and returns in unstable markets. Unlike Tether Gold and PAX Gold, thUSD not only tracks gold prices but also actively generates additional yield. The platform plans to open in 200 countries worldwide and is compatible with various lending protocols.
XAUT-0.32%
PAXG-0.59%
MarketWhisper·03-18 05:47
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Aave appoints João as Chief Smart Contract Engineer

Gate News Update: On March 18, João (@0xTimepunk) announced today that he has officially joined the Aave Protocol as Chief Smart Contract Engineer. João will be involved in smart contract development for the protocol and work with the team to advance the development of on-chain lending applications. It is reported that João previously served as Engineering Lead at Superform XYZ and is also an AI project
GateNews·03-18 05:42