Project Progress

Gate News Announcement: On March 8, crypto KOL AB Kuai.Dong posted on X revealing that the X Money physical debit card "X Card" will be launched soon. U.S. beta testers can already apply. The card supports multiple cover designs, offers 3% cash back on all card transactions, is issued by Visa, and can be used for cross-border foreign currency payments. Additionally, the metal physical card can have the user's X username printed on it.

Riot Platforms achieved a record revenue of $647.4 million in 2025, driven by Bitcoin price increases and a shift toward AI and high-performance computing. The company mined 5,686 BTC, raising total holdings to over 18,000 BTC, despite rising mining costs.

Co-founder Jeff Yan of Hyperliquid expressed his vision during an interview that the platform can continue to be used and withstand the test of time. He emphasized the difference between Hyperliquid Labs and the platform and plans to build Hyperliquid into a financially neutral platform.

Polygon has published a CLI kit that gives AI agents access to wallets, payments, swaps, bridging, onchain identity, and more. Founder Sandeep Nailwal says that the kit is like giving agents their own Open Money Stack. Polygon has joined the growing list of blockchain networks releasing

News Preview: California Announces Enforcement of Digital Asset Licensing Regulations, License Application Portal Opens on March 9 Sharplink to Hold FY2025 Earnings Call on March 9 Polkadot Plans to Implement Economic Model Reforms Starting March 12, Limiting Total DOT Supply to 2.1 Billion On Wednesday, March 11 at 20:30, the US will release February Unadjusted CPI Year-over-Year and Core CPI Year-over-Year Aptos (APT) will unlock approximately 11.31 million tokens at 6:00 AM Beijing Time on March 13, representing about 0.69% of the current circulating supply, valued at approximately $10.5 million March 9 Policy & Regulation: California Announces Enforcement of Digital Asset Licensing Regulations, License Application Portal Opens on March 9 California Department of Financial Protection and Innovation officially releases the Digital Financial Assets Law (DFA)

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Paraguay seeks to implement seized hardware to mine bitcoin, Colombia prepares to regulate the crypto industry, and Uala raises $195 million to expand throughout Latin Am

The BNB Beacon Chain token recovery tool is now in Phase 1 of its sunset, and 7-day processing will only be available until April 30. Only mirrored BEP2 tokens are recoverable; holders of unmirrored assets risk permanently losing them. BNB Chain has begun a phased shutdown of the BNB Beacon

Web3 AI Engine TermiX has launched and open-sourced OpenClaw (CryptoClaw), specifically designed for Crypto users, enabling the promotion of Crypto Skills and reducing trading costs. TermiX aims to provide AI-driven intelligent trading services and has integrated with multiple DeFi protocols.

SKY rose 10% after the network cut staking emissions and continued buybacks, tightening supply across the market. Sky expanded the USDS credit infrastructure as lower token issuance and steady buybacks supported bullish market momentum. SKY, the governance token of the DeFi protocol

Gate News Announcement: On March 8th, Jupiter Global announced the launch of multi-chain deposit functionality. Users can now deposit USDC via four networks: Solana, Base, Arbitrum, and Sui, with all assets consolidated into a single account.

Pi Network tested AI image recognition on nodes with OpenMind, using idle CPU power during its ongoing Mainnet upgrade phase. The network requires Mainnet nodes to upgrade to v20.2 by March 12 as part of its path toward version 23.0 in Q2 this year. Pi Network is testing artificial

The XLS-66 proposal aims to enhance the XRP Ledger with native lending and borrowing capabilities, allowing users to earn returns on idle capital. For activation, it requires 80% validator approval, currently lacking sufficient support.

Circle recently demonstrated the transformative potential of stablecoins in corporate finance by swiftly transferring $68 million using USDC, showcasing advantages like instant settlement and improved transparency over traditional banking methods.

Input Output Group (IOG) has clarified its strategy for expanding stablecoin integration on Cardano through the USDCx infrastructure. This system, backed 1:1 by USD Coin in Circle's xReserve smart contract, enables various DeFi activities, targeting direct USDC withdrawals to enhance liquidity without relying on bridges. IOG emphasizes that USDCx is a long-term upgrade for Cardano's financial infrastructure.

Crypto KOL AB Kuai.Dong revealed the account opening process for X Money. Users only need to enter basic information to open an account within 1 minute. X Money supports virtual and physical cards, offering withdrawal and spending functions, with a transfer limit of $1,000,000 and a withdrawal limit of $100,000.

Mike Belshe, CEO of BitGo, highlights the structural advantages of native crypto companies in digital asset custody, contrasting with traditional banks' conflicts of interest. BitGo generates over 80% of its revenue from stable custody fees, recently receiving a federal banking license. As of September 2025, BitGo is safeguarding $104 billion in assets for over 4,900 institutional clients globally.

Crypto liquidity funds are rapidly growing as institutional investors show increased interest in digital assets and DeFi strategies. However, many fund managers still rely on inefficient tools like spreadsheets for portfolio tracking across various exchanges and protocols. The complexity of DeFi activities complicates accurate performance and risk assessments, highlighting the need for AI solutions to automate protocol classification and portfolio analysis.

Ripple’s global payments network is rapidly expanding as financial institutions increasingly seek full-service blockchain infrastructure partners, positioning Ripple’s ecosystem and XRP liquidity framework at the center of next-generation cross-border finance. Ripple’s Expanding Payments Network

Polkadot will introduce a new monetary framework on March 12 that sets DOT’s supply cap at 2.1 billion and lowers emissions by 53.6%. The overhaul will also create a Dynamic Allocation Pool and shorten the DOT unbonding period from 28 days to 24–48 hours. On March 12, Polkadot will reset

BlackRock reduced the proposed staking fee from 18% to 10% of ETH rewards in the updated ETF S-1 filing. The iShares Ethereum Trust plans to stake its ETH holdings to generate additional yield for the fund. Several firms including Fidelity Investments and Franklin Templeton are also