Project Progress

Gate News Announcement: On March 11, the Solana ecosystem DeFi protocol Drift announced that on March 12, it will launch cross-chain deposit functionality, allowing users to transfer funds from any major trading platform and start trading.

VanEck Research Director Matthew Sigel pointed out that Bitcoin mining stocks are attractive to investors, as mining companies are shifting toward the AI market to enhance value. Core Scientific plans to sell Bitcoin assets to expand its AI business, and Riot Platforms expects to achieve a strategic transformation by 2025. Over the past 12 months, both Core and Riot stocks have increased by 90%, while MARA has fallen 35% due to rising costs. NODE ETF has risen over 30% since its launch.

Ferra is an all-in-one DEX on the Sui blockchain, utilizing a dynamic liquidity layer and multiple AMM engines. It has completed $2 million in funding. Users can earn points through liquidity mining and trading to participate in airdrops. The project is simple and easy to operate, with low early participation costs and strong growth potential.

Elon Musk revealed that xAI, in collaboration with Tesla, is developing the Macrohard or Digital Optimus project, which combines Grok and AI technologies to process computer operations in real time. This system simulates the entire company's operations and is jokingly called "Giant Hard." Its goal is to create a unique and low-cost real-time intelligent AI system.

In brief Shares of Brera Holdings (SLMT) have dumped more than 19% on Wednesday. The firm announced its intentions to shift focus to a UAE-centered Solana infrastructure firm late Tuesday. One of its largest institutional shareholders, Ark Invest, began offloading small portions of its

Société Générale-FORGE has expanded its euro-backed stablecoin, EUR CoinVertible, to the Stellar blockchain, enhancing its multichain strategy and enabling broader access to compliant digital currencies. This growth aims to link traditional finance with blockchain technology and supports the EU's MiCA regulation.

DoubleZero launched the real-time market data delivery platform DoubleZero Edge on March 11, providing traders with high-speed data transmission services. The platform uses multicast technology to ensure a fair competitive environment. Starting from Epoch 939, validators are exempt from the 5% block reward fee and can earn additional income by publishing shreds.

The Cardano Foundation has released CIP-0113, which allows token issuers to embed enforceable compliance logic directly to native assets on the network. The goal is to enhance regulated tokenization as institutions have been demanding tokens that can enforce features like KYC and AML

Across Protocol proposes a temperature check initiative, planning to transform the existing DAO and token structure into a C Corporation in the United States. ACX token holders can exchange their equity proportionally or redeem for USDC, and holders can choose different participation methods based on their scale.

Osmosis plans to migrate its DEX to Cosmos Hub. If approved, native liquidity, governance, and security will be unified. Circulating OSMO will be converted to ATOM at a specific ratio within 6 months, without affecting existing staking emissions. Unclaimed ATOM will be returned to the community pool.

The migration process on Pi Network briefly restarted on March 10 before stopping again. During this short window, the network transferred about 85,000 Pi coins to user wallets. The migration resumed around 3 PM Beijing time, according to community updates. But the process paused again after the tra

Shiba Inu ambassador Shytoshi Kusama has paused X activity since February 21, raising speculation about potential updates or improvements hinted in his bio. Meanwhile, SHIB's price shows slight gains despite broader market declines.

Bitcoin mining pool operator Foundry Digital will launch a domestic Zcash mining pool in the United States next month, providing compliance review and operational control support for institutional and publicly listed company miners. The new mining pool will implement KYC and anti-money laundering checks, and mining rewards will be distributed through transparent addresses.

USDC and the cross-chain transfer protocol CCTP are now live on the Ethereum L2 network Morph, supporting payments, remittances, and DeFi transactions. CCTP enables cross-chain transfer of USDC between Morph and other blockchains. The first batch of integrated partners includes a CEX, Bulba, and Stargate.

XAUm is now powered by Chainlink on Venus to make tokenized gold a collateral asset in BNB Chain lending markets. XAUm is Venus Protocol’s first RWA collateral asset, backed by 1 troy ounce of LBMA-standard gold issued by Matrixdock. Chainlink has enabled the pricing layer for tokenized gold

Brera Holdings rebranded to Solmate Infrastructure, focusing on building a Solana hub in the UAE. The company also announced a reverse stock split to align with institutional investor preferences, enhancing flexibility and addressing share structure.

Lido responded to the liquidation event on March 10 caused by the CAPO oracle price error, stating that there will be no bad debt and that affected users will be fully compensated. The Lido Earn product was unaffected, and user funds are safe.

Tether CEO Paolo Ardoino announced on the X platform that the smart development platform QVAC Workbench 0.4.1 has been released. The new version enhances the serverless experience, optimizes delegated inference and RAG capabilities, supports more document formats, and has been optimized for mobile devices. It is currently in Alpha testing, with the full mode coming soon.