Project Progress

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Bitcoin Layer 2 Stacks deploys SIP-034, increasing DeFi capacity 30 times

Stacks Labs has successfully implemented the SIP-034 upgrade, enhancing network processing efficiency for DeFi applications by up to 30 times by resolving critical bottlenecks. This update allows selective reset of resource limits, enabling more transactions per block, particularly benefiting complex DeFi use cases. While STX tokenomics remain unchanged, the upgrade may boost long-term network activity.
BTC-1.11%
TapChiBitcoin·03-18 04:16

Pi Network launches Security Circle protocol, with Fidelity and Amazon reported as ecosystem certification members

Pi Network has launched the "Security Circle Activation Protocol," aimed at enhancing network resilience and trustworthiness, and promoting integration toward DeFi and Web3. The new protocol introduces a decentralized governance layer, strengthens transaction validation and participant identity verification, and provides a framework for institutional participation. The community is optimistic about rumors of well-known institutions joining, but caution should be exercised pending official confirmation. This technical upgrade is viewed as an important step in driving Pi Coin toward a mature financial ecosystem.
PI-0.03%
MarketWhisper·03-18 03:51
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Five Major U.S. Banks Launch Cari Network, ZKsync Tokenized Deposits Challenge Stablecoins

Five major U.S. regional banks have announced the launch of Cari Network, a blockchain payment platform leveraging ZKsync technology to enable real-time settlement while maintaining FDIC insurance protection. Unlike stablecoins, this platform records tokenized deposits directly on bank balance sheets in compliance with regulatory requirements. Facing competitive and regulatory pressures, banks chose to take action before 2026 to capture first-mover advantage. The core strengths lie in legal structure and safeguard mechanisms, but the platform also faces challenges in interoperability and market competition.
ZK-1.73%
MarketWhisper·03-18 03:11
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xStocks points system, xPoints, open for inquiry, supporting multiple accumulation methods

Gate News reports that on March 18, xStocks announced on the X platform that its points system, xPoints, now has query functionality enabled. Users can automatically accumulate points through three methods: holding tokenized stocks in their wallet, establishing positions in the lending market, and providing liquidity to decentralized exchanges (DEX). xStocks stated that it will announce more partnership information in the coming weeks.
GateNews·03-18 03:00

LayerZero Integrates Cardano, OFT Standard Supports Over 700 Tokens Expansion

Gate News, on March 18, LayerZero announced the integration of Cardano, connecting the Cardano ecosystem with over 160 blockchains including Ethereum, Solana, and Aptos. In this deployment, LayerZero's omnichain fungible token (OFT) standard supports over 700 existing tokens natively extending to Cardano. Developers and users can access the aforementioned assets and applications across chains.
ADA-2.28%
ETH-2.54%
SOL-4.02%
APT-3.39%
GateNews·03-18 02:41

Vitalik Proposes 12-Second Transaction Irreversibility New Rule, Low-Latency Network Provides Strong Security

Ethereum founder Vitalik Buterin has proposed a new fast finality rule that guarantees Ethereum transactions become irreversible within 12 seconds, aiming to improve the current mechanism that requires 6.4 minutes for final confirmation. This proposal relies on the majority of validator nodes being honest and network latency being below 3 seconds. If these conditions hold, it could effectively enhance user experience.
ETH-2.54%
MarketWhisper·03-18 02:35
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Circle Appoints Microsoft Executive Kirk Koenigsbauer to Board, Strengthening Risk Governance

Circle announced the appointment of Microsoft executive Kirk Koenigsbauer as a board member, enhancing its governance and risk management capabilities. Koenigsbauer's Microsoft background will help Circle navigate compliance and security challenges as it transitions from a startup to a mature public company, and will strengthen market confidence in USDC and its ability to expand into traditional enterprises.
MarketWhisper·03-18 02:16
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Tether Launches AI Training Framework for Smartphones and Consumer GPUs

Tether has launched a new AI training framework that allows for fine-tuning large language models on consumer devices such as smartphones and non-Nvidia GPUs. By utilizing Microsoft’s BitNet architecture and LoRA techniques, it provides substantial reductions in memory usage and computational costs, supporting a variety of chipsets. This development is in line with the trend of cryptocurrency companies expanding into AI and computing infrastructure.
TapChiBitcoin·03-18 02:12

Ethereum governance tool Tally ceases operation, Uniswap and Arbitrum are seeking new alternatives

Cryptocurrency governance tool Tally announced its closure on March 17 after operating for over five years. Tally had provided governance infrastructure for multiple Ethereum protocols, handling over $1 billion in transactions. The shutdown was attributed to poor market timing and failure to fulfill token promises, reflecting the commercialization challenges of DAO governance tools. Despite these challenges, the DAO concept continues to evolve, with future development potentially shifting toward diversified infrastructure construction.
ETH-2.54%
UNI-1.41%
ARB-2.41%
MarketWhisper·03-18 02:01
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