Project Progress

Vitalik Buterin says the Ethereum Foundation is using a ‘lite’ version of the Distributed Validator Technology to stake 72,000 ETH. He hopes it will eliminate the idea that institutions need complex infrastructure to participate in staking. Two weeks ago, the Ethereum Foundation announced th

The Cardano Foundation has voted in favor of a proposal to cap the amount of ADA that can leave the Treasury to 300 million. It says the new limit matches the expected Treasury income and aligns with a more conservative spending plan. The Cardano Foundation has voted to support a new

Bank of AI is advancing its on-chain financial infrastructure, integrating payments, identity, and DeFi functionality across TRON and BNB Chain. The system enables developers to easily integrate automated payments, allowing AI Agents to autonomously participate in lending and Swap operations, aimed at enhancing their financial autonomy.

Foundry Digital announced that it will launch a dedicated Zcash mining pool in 2026, aimed at providing institutional and public miners with a secure, transparent mining environment. This mining pool draws on the experience of its Bitcoin mining pool, complies with relevant audit standards, and enhances miner trust. This move reflects ongoing market interest in privacy coins and is expected to support the stability and adoption of the Zcash network.

xAI's Macrohard project has encountered a standstill, with frequent leadership changes and expansion difficulties. There are no relevant positions listed on the recruitment page, and the data collection project has been suspended. Tesla has taken over part of the work and is developing Digital Optimus AI Agent. Musk described the two as joint projects, which are part of Tesla's $2 billion investment agreement with xAI.

Revolut has obtained a full banking license in the UK, ending a 3-year application process, and offers deposit protection of up to £120,000. The company plans to invest £3 billion in the UK market over the next few years and launch a £10 billion global expansion plan to enter 30 new markets. Revolut will fully launch traditional banking services and gradually migrate customer accounts to the new platform.

Japanese publicly listed company Metaplanet has established two wholly-owned subsidiaries, Metaplanet Ventures and Metaplanet Asset Management, to expand its digital asset ecosystem. Ventures will invest in Bitcoin-related startups, with an initial investment of approximately $2.5 million. Asset Management connects Asian and Western capital markets, offering a variety of investment services. Metaplanet holds approximately 35,102 Bitcoins and plans to increase this to 210,000 by the end of 2027.

Wells Fargo's trademark application for "WFUSD" suggests potential plans for a dollar-pegged stablecoin as regulatory clarity in the U.S. increases. This move could position the bank among major financial institutions exploring blockchain and digital assets.

X1 EcoChain and Symbiosis partner to create seamless cross-chain interoperability. The goal is to allow people to move assets and information easily from one blockchain to another with no barriers between the different types of blockchains. To achieve this goal, EcoChain is planning to launch its ma

Japanese investment firm Metaplanet has announced a new step in its crypto strategy. The company plans to launch two new subsidiaries. It focused on expanding its Bitcoin ecosystem and digital finance services. The move includes a ¥4 billion investment plan over the next few years. The funds will su

Wells Fargo applies for the "WFUSD" trademark, covering crypto trading and blockchain services, indicating that it is accelerating its entry into the digital asset space and may launch a dollar-pegged stablecoin. This move suggests that Wall Street's interest in stablecoins and tokenized finance continues to grow and could reshape the competitive landscape of the market.

The LITRO project aims to reshape the global energy trading system through blockchain technology and is expected to go live in 2027. The token will be 1:1 backed by real oil reserves, enhancing trading efficiency and lowering entry barriers. The project is currently in the early development stage and will collaborate with financial institutions in the future to build an intelligent logistics system, integrating digital assets with real-world energy.

Japanese publicly listed company Metaplanet is expanding its Bitcoin strategy by establishing a subsidiary, Metaplanet Ventures K.K., to invest in Japanese Bitcoin financial infrastructure. It plans to invest approximately 4 billion yen over the next two to three years. Its investment focus includes venture capital, incubators, and community funding programs to promote the development of domestic digital assets, while continuing to hold Bitcoin long-term.

Pump.fun multichain expansion: what current signals indicate now according to Phemex News, Pump.fun has registered subdomains for Base, BSC, Monad, and Ethereum, a step widely read as groundwork for a broader rollout beyond Solana. Domain preparation can indicate technical planning and branding al

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.