Project Progress

Explore crypto news and in-depth articles related to Project Progress, covering market updates, data-driven analysis, trend insights, and key developments to help you fully grasp key information about Project Progress in the crypto market.
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Pi Network cross-chain bridge is about to launch: with multiple-chain connectivity, can Pi Coin rebound?

Pi Network is advancing upgrades to its cross-chain bridge technology to enable interoperability with other blockchains and improve the flexibility of Ji Coin’s applications. It has also introduced a KYB verification mechanism to support Web2 and Web3 enterprise onboarding. Smart contract development is underway as well; in the future, it may enable the construction of decentralized applications. If the rollout proceeds smoothly, Pi could expand into new growth opportunities in the Web3 market.
PI-3.29%
GateNews·04-02 07:30

Frictionless launch of privacy features for the privacy-preserving project zERC20

Gate News update. On April 2, the privacy-preserving project zERC20 launched its frictionless privacy feature. For new wallets connecting to zERC20, this will eliminate the initial gas fees. The new features include: receiving zAssets without gas fees, with transaction fees automatically deducted from your assets; and one-tap conversion of some zAssets into their native form
ETH-3.02%
GateNews·04-02 07:02

A CEX CEO announced that they would personally invest in researching quantum-resistant solutions for Bitcoin and urged the industry to tackle the issue as soon as possible.

A CEX CEO said they will study Bitcoin’s quantum-resistance-related issues and urged the industry to address potential threats as early as possible. Although post-quantum cryptography is feasible, execution must be approached with caution to avoid new risks. The exchange has already initiated infrastructure upgrades and is pushing community collaboration to develop quantum-resistant solutions.
BTC-2.53%
GateNews·04-02 07:00

Cottonia Advances Distributed Computing for Next-Gen AI Systems

Cottonia, a distributed cloud acceleration infrastructure designed to provide high-performance, verifiable computing for Artificial Intelligence (AI) applications, autonomous agent ecosystems, and Web3 environments, is pleased to advance AI-native distributed compute infrastructure for running
BlockChainReporter·04-02 06:05

HyperEVM Is Not Down! PeckShield: Front-End Delay on the Block Explorer Caused the False Alarm

On April 2, PeckShield clarified that HyperEVM was not down; the anomaly was limited to the official block explorer frontend not syncing data. The incident was caused by a data source deviation that led to a misclassification. In reality, the underlying chain was operating normally. On the same day, MetaMask announced full support for HyperEVM, lowering the usage barrier. This incident underscores the importance of verifying across multiple data sources to prevent false alarms.
HYPE-9.85%
MarketWhisper·04-02 05:41
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Wormhole response: Drift was attacked—Solana’s security mechanism may have delayed some cross-chain transactions

Gate News, April 2, Wormhole issued an official response to the attack on Drift, stating that Wormhole users’ assets are not currently at risk and that the cross-chain bridge functionality can still be used normally. However, due to the built-in security mechanisms configured for Solana, some cross-chain transfers may experience delays. Wormhole’s core contributors have been in communication with the Solana ecosystem team and will continue providing support as needed.
GateNews·04-02 03:46

Loopscale: SOL Genesis vault with about $170,000 in deposits has an indirect exposure through Drift and has committed to full compensation.

Loopscale’s declaration is not directly related to Drift. Most funds are secure, with some indirect exposure. Deposits in the SOL Genesis Vault will fully reimburse users; deposit and withdrawal functionality is temporarily disabled, and will be reopened once services are restored.
SOL-4.13%
USDC0.01%
GateNews·04-02 03:42

Perena founder: JLP Treasury was impacted by a Drift attack; its main products were not affected

Gate News reports that on April 2, Anna, the founder of stablecoin infrastructure company Perena, issued a statement confirming that its three products—Perena USD, USD-J, and USD-P—were not affected by the Drift attack incident. However, the JLP vault managed by Neutral Trade, a platform sharing quantitative strategies within the Solana ecosystem, is running on Drift, which may pose certain risks or implications.
DRIFT-1.44%
SOL-4.13%
GateNews·04-02 03:02

XRP Today News: New OCC regulations take effect, speeding up Ripple’s banking license process

The U.S. Office of the Comptroller of the Currency (OCC) issued Bulletin 2026-4, effective April 1, providing a clear regulatory path for Ripple’s national trust bank and allowing it to operate after meeting the conditions to open for business. This bulletin replaces “fiduciary activities” with “the operations of a trust company,” expanding the organization’s service scope, including digital asset custody services. Ripple’s regulatory status has undergone a significant transformation, and in its application for a licensed institution, it seeks a Federal Reserve master account, focusing on the growth and challenges of the digital asset market.
XRP-4.55%
MarketWhisper·04-02 02:59
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TON launches an ultra-fast, sub-second upgrade; the mainnet will be fully activated by April 7

The TON core team announced a consensus mechanism upgrade: Catchain 2.0 has started mainnet deployment. The goal is to reduce block confirmation time to about 1 second. This upgrade improves block generation speed and emphasizes that application developers need to adapt to the Streaming API to ensure a good user experience. If they do not adapt, the benefits of the upgrade will be greatly diminished.
TON-5.42%
MarketWhisper·04-02 02:25
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