Web3 Project Updates and Developments

Track the latest Web3 project updates, including DeFi, RWA, public chain ecosystems, project updates, and partnership announcements.
ALLInvestment & FinancingProject ProgressToken EventsPartnerships & Ecosystem

Hong Kong's First Batch of Stablecoin Licenses: Top Three Revealed, HSBC Makes Exceptional Entry

Hong Kong is about to issue its first batch of stablecoin licenses, with approved institutions including HSBC, joint venture Anchorpoint, and OSL Group. Regulators aim to ensure market stability through strict regulations, while Chinese companies such as Ant Group and JD.com are absent from this round of license competition due to policy constraints. This move will impact the global stablecoin regulatory landscape.
MarketWhisper·11m ago
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Base to launch new Base.dev foundational components, covering metadata, notifications, and distribution features

Base Build announced on March 13 that it will launch new Base.dev foundational components aimed at simplifying the building, management, and showcase of applications, covering three major features: metadata, notifications, and distribution. The metadata feature will go live in mid-March, while notifications and distribution features are scheduled to launch on April 9, at which time Base App will discontinue using the Farcaster specification.
GateNews·24m ago

Former GitHub Internationalization Lead Serves as OpenClaw's China Liaison for Sponsorship, Open Source Community and Ant Bailing Express Support Intentions

Kevin Xu revealed on the X platform that China's open-source ecosystem has expressed its intention to sponsor and support maintenance for OpenClaw, mainly coming from open-source communities and institutions such as Ant Group. Xu hopes that China will not only actively utilize open-source projects but also promote sustainability through long-term contributions.
GateNews·38m ago

Tempo protocol layer introduces built-in account abstraction functionality

Gate News: On March 13th, Tempo, a stablecoin public chain, added built-in account abstraction functionality at the protocol layer. This feature brings three major conveniences to users: no need for seed phrases, no need for Gas tokens, and no need for repeated transaction confirmations. For developers, account abstraction can be implemented without relying on workarounds such as middleware or smart contracts.
GateNews·44m ago

CoW DAO Responds to Whale's $50.39 Million Loss Event, Promises to Refund Trading Fees

CoW DAO responded to the incident where a whale lost $50.39 million while swapping aEthAAVE, stating that the decentralized trading platform was unable to complete the transaction. The team emphasized the importance of user autonomy and choice. They are researching how to balance security with user self-sovereignty and have committed to reimbursing related fees.
COW2,99%
GateNews·2h ago

BlackRock Ethereum ETF Staking Version First Day Totaled $15.5 Million, Entry at 4% Annual Yield

BlackRock's iShares Staked Ethereum Trust (ETHB) was listed on Nasdaq, with a first-day trading volume of $15.5 million, showing steady performance. ETHB is expected to provide investors with an annualized yield of approximately 4% through staking Ethereum. Although its trading volume is lower than that of other Solana staking ETFs, analyst evaluations remain positive. ETHB's design includes 80% staked Ethereum and 20% non-staked Ethereum, and it is operated under the supervision of multiple institutional regulators. This represents a further expansion of BlackRock's cryptocurrency product line.
ETH3,68%
SOL4,5%
BTC2,12%
MarketWhisper·2h ago
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TRUMP Meme Coin Crashes 96% from Peak! Trump's Second Round of Grand Event Launch Raises Questions

TRUMP meme coin organizers announced they will hold a business meeting at Trump's Mar-a-Lago on April 25, inviting the top 297 token holders to attend. The token has plummeted from its peak of $74 to $2.75, representing a 96% decline. The event has sparked ethical controversy over money in exchange for political access, with critics questioning whether this practice violates relevant laws.
TRUMP4,34%
MarketWhisper·2h ago
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Circle's tokenized currency market fund USYC surpasses $2 billion in scale, ranking first worldwide

Gate News reports that on March 13, Circle announced that its tokenized money market fund USYC has surpassed $2 billion in assets under management, becoming the world's largest tokenized money market fund. USYC is a product that tokenizes traditional money market funds using blockchain technology, allowing institutional investors to hold, trade, and manage yield-bearing assets on-chain. The fund mainly invests in short-term U.S. Treasury securities and repurchase agreements backed by U.S. government securities.
GateNews·3h ago

Ethereum Official: Ecosystem Privacy Is Experiencing a Renaissance; Now Is the Best Time to Become a Privacy Advocate

Ethereum officials stated that the Ethereum ecosystem is experiencing a transformation in privacy, calling it a renaissance. New cypherpunk ideals emphasize privacy, decentralization, and censorship resistance, upholding the cultural values of permissionlessness and open source, infusing Ethereum with a modern spirit. Now is the best time to become a privacy advocate.
GateNews·3h ago

Tether Chief Investment Officer Richard Heathcote Steps Down, Deputy Zachary Lyons Takes Over

Stablecoin Tether's Chief Investment Officer Richard Heathcote will step down and transition to an advisory role, with his deputy Zachary Lyons taking over. During his tenure, he led the company's investment strategy, particularly regarding USDT reserve management and multiple investment transactions. Tether's U.S. Treasury holdings are expected to increase to $122 billion by the end of 2025.
GateNews·4h ago