Project Progress

Gate News Update, March 12 — According to Gate Market Data, as of press time, HYPE (Hyperliquid) is trading at $37.28, up 7.80% in the past 24 hours. The highest price reached $37.42, while the lowest dipped to $29.53. The 24-hour trading volume is $446 million. The current market capitalization is approximately $9.595 billion, an increase of $694 million from yesterday. Hyperliquid is a high-performance blockchain focused on finance, designed to unify various financial applications within the crypto ecosystem. Its core application is a decentralized exchange offering zero gas fees, up to 40x leverage trading, and fully on-chain order books. Hyperliquid L1 features a block time of 0.07 seconds and a maximum of 200,000 transactions per second.

MetaDAO announces that the RNGR liquidation snapshot will be conducted on March 13th. Users are advised to withdraw their tokens to their personal wallets. The liquidation portal will go live on March 17th, with detailed information to be announced beforehand. The proposal to liquidate Ranger Finance was previously approved through voting.

_Foundry’s Zcash mining pool signals rising institutional interest in privacy coins as investors consider their potential share of Bitcoin’s value._ Institutional interest in cryptocurrency mining continues to expand beyond Bitcoin. Mining infrastructure firms are beginning to support a

Japanese publicly listed company Metaplanet has established a venture capital division, Metaplanet Ventures KK, with plans to invest approximately 4 billion yen to promote the development of domestic Bitcoin financial infrastructure. The division covers investments, incubation, and funding programs, and emphasizes that it will not affect its long-term Bitcoin holding strategy. The goal is to accumulate 210,000 Bitcoins by 2027 to help enhance Japan's international competitiveness.

Gate News Announcement: On March 12, AI Agent Operating System elizaOS announced that Eliza 2.0 has entered the Alpha testing phase. This streamlined version supports three programming languages: TypeScript, Python, and Rust + WASM, and comes with complete applications and an introductory kit.

Pi Network's mainnet migration briefly restarted on March 10, with approximately 85,000 Pi successfully transferred, but was subsequently paused. The circulating supply is 9.66 billion coins, still far from the 100 billion cap. Over 17.7 million users who completed KYC are awaiting token migration. There is a risk of scams during the migration period, and users should be cautious about security. The protocol v20.2 mandatory upgrade deadline is March 12; failure to upgrade will result in network disconnection risks.

Billions announces that its AI agent verification system has become the top in the OpenClaw identity leaderboard, supporting over 3,600 AI agents with verifiable identities. The system achieves agent tracking and accountability through encrypted identities and on-chain notarization, enhancing trust foundations and promoting the secure deployment and innovation of AI agents.

Morph blockchain network launches USDC and Circle Cross-Chain Transfer Protocol (CCTP), enabling cross-chain transfer of USDC while maintaining supply integrity. The protocol supports various payment scenarios and promotes the development of on-chain payment infrastructure.

CoinFello released the open-source skill OpenClaw on March 12, allowing AI agents to securely connect to MetaMask and execute on-chain transactions without accessing user private keys. The skill is built on ERC-4337 and ERC-7710, enabling users to grant minimal permissions to avoid prompt injection attack risks and supporting various on-chain functionalities.

Castle Island Ventures Partner Nic Carter stated that the Bitcoin community should focus on the technical quality of the BIP-360 proposal rather than the author's identity. By eliminating the quantum vulnerability in Taproot addresses, it paves the way for Bitcoin's quantum resistance. As ECC risks become increasingly apparent, enhancing quantum resistance has become an important topic.

NFT brand Pudgy Penguins launches free web game "Pudgy World," which can be played without owning NFTs or cryptocurrencies. The game prioritizes full playability. It features an in-game store system and a profit token called "Pebbles." Currently, only an English interface is available, but the simple controls are expected to attract a wide range of players. The game's launch also has a positive impact on its token \$PENGU .

OpenClaw founder Peter SteinBerger posted a response to Tencent creating Skillhub, accusing it of copying Clawhub's skill content, pointing out that Tencent has not supported his project, and calling on Tencent to help reduce server costs.

The open-source AI platform OpenClaw released the beta version v2026.3.11-beta.1 on March 11, introducing 15 new features, including multimodal indexing and local model experience improvements. Several high-risk vulnerabilities were fixed to enhance the system's security defenses.

Wells Fargo submits "WFUSD" trademark application, indicating its deepening involvement in blockchain and digital assets, covering services such as cryptocurrency payments and asset tokenization. This move shows that major banks are actively exploring digital assets and may work together with JPMorgan Chase to advance the development of USD deposit tokens.

Gate News Announcement: On March 12, the privacy browser Brave Wallet added support for NEAR Intents functionality, allowing users to perform cross-chain asset swaps within the browser, covering Bitcoin, Solana, Zcash, Cardano, and EVM chains.

Gate News Announcement, March 12 — On the Base chain, ZK privacy protocol Veil.Cash developer Apex777.eth announced that Veil.Cash will launch a sub-account feature. This feature allows users to receive funds without exposing their main account and can be used with any ETH-supported or

Pi Network has moved up the deadline for upgrading to version v20.2 to March 12, requiring mainnet nodes to complete the upgrade before the deadline or face disconnection. This move coincides with a 50% surge in PI token price. Analysts are cautious about the sustainability of the rally due to the closed mainnet limiting liquidity. Version v20.2 emphasizes enhanced KYC and biometric verification to improve platform security and compliance.

Bitpanda's 2025 revenue is projected at €371 million, a 16% increase. User registrations rose 25% to 7.4 million, but adjusted EBITDA fell to €13 million due to higher expenditures. The platform expanded its asset offerings and regulatory compliance, launching a Web3 wallet and entering new markets.

Risk Labs proposes "The Bridge Across" plan, transforming the ACX token into a U.S. C Corporation, offering two options: equity exchange or repurchase at $0.04375. Holders can exchange shares proportionally or sell tokens to receive USDC. The proposal aims to enhance legal contract signing capabilities, facilitate institutional cooperation, and maintain normal operations during the transition period.