Project Progress

Japan’s e-commerce giant Rakuten will list XRP in Rakuten Wallet starting April 15, allowing 44 million Rakuten Pay users to pay for fees with XRP and enabling 5 million merchants to use it for purchases. Users can buy XRP with Rakuten Super Points, then convert it into Rakuten Cash, bringing crypto-based payments in without needing fiat currency and helping to drive the development of Japan’s crypto payment ecosystem.

The Ethereum Foundation launched a $1 million Audit Subsidy Program to assist developers with smart contract audit costs, featuring an expert review process and partnerships with major firms. It introduced the CROPS framework to enhance security and attract builders without exclusivity clauses.

Charles Hoskinson just dropped a reality check on the Cardano community. His message is simple. Crypto parties and big conference events are not going to move the ADA price. Instead, he wants to take the funds that would have been spent on flashy gatherings and put them into permanent global co

_Sei v6.4 is now live on mainnet. The update brings IBC disable capability as the chain moves toward an EVM-only future under SIP-3._ Sei Labs has rolled out v6.4 on mainnet. The update marks a significant step in the network’s ongoing SIP-3 migration.  At its core, v6.4 introduces the protocol-le

The Solana Foundation is collaborating with Triton One to enhance its on-chain data access layer, improving scalability and data retrieval. The redesign features two core modules: Accounts for adaptive indexing and Ledger for efficient historical data management. SOL is currently trading around $84.

Tether has launched tether.wallet, a user-friendly self-custodial digital wallet that simplifies transactions with readable identifiers and eliminates the need for separate network tokens for gas fees. Initially supporting USDT, XAU₮, and Bitcoin, the wallet aims to enhance accessibility for users.

Charles Hoskinson just dropped a reality check on the Cardano community. His message is simple. Crypto parties and big conference events are not going to move the ADA price. Instead, he wants to take the funds that would have been spent on flashy gatherings and put them into permanent global co

GMX has launched 24/7 gold and silver perpetual markets on Arbitrum, achieving over $10 million in trading volume on day one. Utilizing Chainlink Data Streams for secure pricing, GMX aims to expand into real-world asset derivatives. This move highlights the trend of decentralizing commodity trading.

Nikita Bier from Elon Musk's X hinted at a possible crypto-related product launch amid Bitcoin's recovery, stimulating discussions on potential payment and trading features. X Money, a peer-to-peer service, is set for early public access but lacks confirmed crypto features.

B.AI LLM Services has exceeded 1 million users, showcasing its ability to manage high throughput with a privacy-first routing architecture, as it develops infrastructure for an autonomous agent economy.

Ripple has introduced its Institutional DeFi Portal in beta, designed to facilitate financial institutions' access to decentralized finance and stablecoin payments. The portal addresses compliance and operational challenges, aiming to enhance stablecoin payment management.

Morpho has launched Morpho Midnight, a fixed-rate DeFi lending product distinct from its variable-rate counterpart, Morpho Blue. Co-founder Paul Frambot highlights that Midnight represents a new onchain lending approach, coexisting with Blue. Morpho holds $7.7 billion in TVL.

Tether launched a self-custodial wallet called the "People's Wallet," focusing on financial inclusion and ease of use. It supports cryptocurrencies like USDT, Bitcoin, and XAUT, aiming to simplify transactions and remove intermediaries.

Ethereum Layer-2 network Scroll lost about $160 million in total value locked after Ether.fi migrated to Optimism, incurring $13 million in fee losses. Scroll plans to disband its security committee, reduce DAO members, and recently faced a spike in gas fees.

Pharos launched an RWA stablecoin pre-deposit campaign ahead of its mainnet debut, offering a 100-day staking period with 14-16% yield. The campaign quickly reached its staking cap, attracting $50 million in total value locked.

Tether has launched its self-custody digital wallet, “tether.wallet,” marking a major expansion to end users. The wallet streamlines the transfer process, allowing users to pay transaction fees directly with their assets, and emphasizes users’ complete control over their private keys. The product is designed to promote financial inclusion, especially for people who are not served by traditional financial systems.

X product owner Nikita Bier hints at a plan to launch a product aimed at fixing the encryption industry, drawing market attention. Speculation links it to X’s financial ecosystem expansion, possibly including features such as payments, digital wallets, and stablecoins. X’s official account has not yet made a formal response. Musk says the early public version of X Money will go live in April.

Bitmine has officially transferred from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a sharp drop in its stock price, it has still increased the share repurchase plan amount to $4 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and stock price performance.

The article discusses a proposal for "Quantum-Safe Bitcoin," which allows users to secure transactions against potential quantum attacks without altering Bitcoin's core protocol. The design fits within existing scripting rules, enabling security-conscious individuals to act independently without necessitating network-wide consensus or political disputes over upgrades.

Gate News message, April 14, decentralized lending protocol Venus Protocol issued a statement that its isolated pools are now no longer operational. The statement said that all isolated pools have been paused, but user funds remain safe and the withdrawal function is still available. Users can choose to migrate their assets or withdraw directly depending on whether their assets are on Venus Core.