Project Progress

Aave Labs has issued a proposal requesting Aave DAO to approve Aave V4 as the core of future development and to inject brand product revenue into the DAO treasury. The proposal also includes abandoning future business income in exchange for stablecoins and AAVE to support operations and project development.

Decibel announces a partnership with Stripe's Bridge to launch the native USD stablecoin USDCBL, as the default collateral asset, simplifying the trading process and enhancing Aptos ecosystem DeFi infrastructure. The pre-deposit feature is now available, attracting over $42 million in funds in a short period.

ChainCatcher message, according to related page information, Bitcoin Improvement Proposal 360 (BIP-360) has been added to the official code repository. This proposal introduces the Pay-to-Merkle-Root (P2MR) output type, aimed at enhancing Bitcoin's defense against quantum computing threats through a soft fork.

Gate News Bot Message, February 13th, according to CoinMarketCap data, AZTEC (Aztec) is currently trading at $0.02, up 19.26% in the past 24 hours, with a high of $0.02 and a low of $0.02. The current market capitalization is approximately $59.5 million, an increase of $9.62 million compared to yesterday. AZTEC is the first decentralized privacy-preserving layer 2 network (L2) on Ethereum, dedicated to solving blockchain privacy issues. The network features programmable privacy, client proofs, composable privacy, and first-day decentralization, enabling developers to flexibly program privacy protections across multiple layers such as users, data, metadata, transactions, and code. The Aztec Ignition Chain went live in November 2025, becoming the first truly decentralized L

The Pi coin mainnet blockchain protocol underwent a key upgrade, with February 15th as the deadline for all mainnet nodes to complete the update. The Pi core team stated that 16 million users have migrated to the mainnet, which is based on the Stellar consensus protocol. However, due to the overall decline in the crypto market, Pi coin has fallen 12% over the past week, hitting a historic low of $0.132.

Aave Labs proposed the "Aave Will Win" framework, planning to transfer all product revenues to the DAO, but requiring $25 million in stablecoins and 75,000 AAVE. Aave Chan Initiative founder Marc Zeller criticized this proposal as a "cash-out attempt." He pointed out the imbalance of power between the DAO and the core team, and governance issues that could impact the future of the entire DeFi ecosystem.

Gate News Bot Message, February 13th, according to CoinMarketCap data, as of press time, RIVER (River) is currently trading at $21.77, up 28.31% in the past 24 hours, with a high of $23.97 and a low of $11.74. The 24-hour trading volume reached $44.9 million. The current market capitalization is approximately $427 million, an increase of $94.1 million from yesterday. ## Important recent news about RIVER: 1️⃣ **TRON DAO Ventures Strategic Funding Supports Infrastructure Expansion** RIVER received an $8 million investment from TRON DAO Ventures to expand cross-chain abstract infrastructure on the TRON blockchain. This funding reflects the ecosystem partners' confidence in RIVER's technological solutions.

Polygon posted on X platform that scaling up intelligent agent business requires eliminating friction. It proposes recovering fuel fees through PIP-82 and Polygon x402 to accelerate AI agent transactions and reduce costs. Polygon has already played a significant role in agent-based trading, completing several key AI agent transactions.

London Stock Exchange Group (LSEG) announced on Thursday that it will establish an on-chain settlement system for institutional investors, named LSEG Digital Securities Depository, connecting traditional securities markets with blockchain networks. The system will operate across multiple blockchains, remain compatible with existing settlement platforms of banks and asset management firms, with the first deliverable planned for 2026.

Elon Musk announces that the X Money payment system has completed internal testing and will launch limited public testing within 2-3 months. This system aims to integrate transfer, payment, and fund management functions, becoming the core infrastructure of X platform's financial services. Musk plans to create a one-stop super app that combines social, financial, and AI services to increase usage frequency and user engagement. At the same time, xAI is expanding its data centers to strengthen AI and financial integration.

As modular blockchain architecture becomes the mainstream narrative in the industry and Layer2 Rollup solutions emerge like mushrooms after rain, the core contradiction becomes increasingly apparent: the pursuit of high performance and low cost simultaneously has led the Rollup ecosystem into a dilemma of fragmentation and centralized ordering. Espresso aims to connect dispersed Rollups into a seamless, efficient, and censorship-resistant ecosystem through an innovative decentralized shared ordering network.

London Stock Exchange Group (LSEG) will build a "Digital Securities Custody Platform" to support on-chain settlement of tokenized bonds and stocks, aiming for delivery in 2026. This system is designed to connect traditional securities markets with blockchain technology to improve settlement efficiency. Several major UK financial institutions have expressed support; however, regulatory approval and technical challenges still need to be addressed.

PaiCoin network blockchain migration speed has significantly increased, accelerating user wallet transfers to the mainnet. Migration refers to transferring eligible balances and accounts to the mainnet blockchain, marking the transition from the closed development phase to a mature on-chain ecosystem. PaiCoin currently has approximately 60 million registered users, with the number of users who have completed KYC and mainnet verification continuously growing. Based on the Stellar consensus protocol, nodes form a trusted group to reach an agreement on transaction ordering.

Ripple Chief Technology Officer and one of the founders, David Schwartz, called Bitcoin a dead end in terms of technology, criticizing not the price but the architectural design. Schwartz's recent article pointed out that Bitcoin's continued dominance relies more on network effects than genuine innovation, warning that the lack of development could become a weakness in its growth phase. XRP is still in a downward channel but recently surged to $1.10, currently seeking support above $1.30.

Aave Labs has submitted a radical proposal to transfer revenue to the Aave DAO and transfer intellectual property rights to a new foundation, effectively bringing this startup into the hands of token holders. In exchange, they request $25 million in stablecoins, 75,000 AAVE tokens, and other funds. ACI founder Marc Zeller believes this proposal is a disguised act of extortion under the guise of charity.

XRP’s ecosystem enters a pivotal growth phase as the XRPL Foundation names a seasoned insider to lead long-term governance, scalability, and institutional expansion, reinforcing confidence in the XRP Ledger’s resilience and global adoption trajectory. With a ‘Genuine Vision’ for XRP’s Future, the

The Pi Network core team will extend the deadline for mandatory v19.6 node upgrades to February 15. The original deadline of February 12 was temporarily postponed due to network congestion and technical issues. All mainnet nodes must complete the upgrade to remain operational; nodes that are not updated will be disconnected from the network. Pi Network has approximately 60 million registered users, and nodes verify transactions based on the Stellar consensus protocol to maintain blockchain consensus.

The eight departments reiterate that virtual currency activities are illegal financial activities and define the compliance boundaries for RWA tokenization. Shuqin Technology, as a pioneer, explores blockchain applications for real commercial assets to enhance asset sustainability and meet compliance requirements through trustworthy data and governance structures.