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

PancakeSwap responds to accusations of using Curve code, stating they will communicate directly for discussion.

Gate News Announcement, March 7 — In response to Curve Finance's allegations that PancakeSwap appears to have used its Stableswap code without permission and borrowed security practices to safeguard user funds, violating open-source license agreements, PancakeSwap issued a statement saying it will directly contact the Curve Finance team to discuss the matter.
GateNews·22m ago

Vitalik proposes replacing Casper FFG with Minimit to upgrade Ethereum's finality mechanism

Vitalik Buterin proposed on the X platform to replace Ethereum's finality component Casper FFG with Minimmit, claiming it offers better security and recoverability. Minimmit requires only one round of signatures, reducing the fault tolerance threshold to about 17%, which can enhance the network's competitiveness and coordinated recovery ability under attack.
ETH-5,08%
GateNews·54m ago

BlackRock updates its Ethereum staking ETF application documents, lowering the staking fee from 18% to 10%

Gate News Report, March 7 — Bloomberg analyst James Seyffart announced on X platform that BlackRock has updated its application documents related to the Ethereum Staking ETF (ETHB). The latest documents show that the staking fee for this product will be adjusted to 10% of staking rewards and may offer tiered fee discounts based on scale. In previous versions of the documents, the staking fee for this ETF was 18% of total staking earnings. This fee reduction is seen as part of BlackRock’s Ethereum product structure optimization.
ETH-5,08%
GateNews·1h ago

Kaito AI launches Kaito Studio beta, with 16 partners joining in the first batch

Gate News Announcement: On March 7th, Kaito AI officially launched the Kaito Studio beta on the X platform. The platform adopts a new model that enables brands and creators to achieve more targeted matching based on compatibility, preferences, and expectations. The first batch has integrated 16 partners, and more collaborators will be added gradually once the details are finalized. Previously, the X platform revised its developer API policy, no longer allowing applications that provide rewards for users posting on the X platform (i.e.,
GateNews·1h ago

PayPal and TCS Introduce Blockchain Network to Speed Up Freight Payments

PayPal and TCS Blockchain have introduced a blockchain settlement network to expedite payments in the trucking industry. By using PayPal USD stablecoin, freight invoices can be settled almost instantly, improving liquidity for carriers and reducing costs by up to 90%. The system aims to enhance transparency and efficiency in logistics finance.
PYUSD0,03%
CryptometerIo·11h ago

Gate Ventures strategically invests in Utexo to promote the development of Bitcoin-native stablecoin infrastructure.

Gate Ventures announced a strategic investment in Utexo on March 6th. Utexo is a Bitcoin-native settlement infrastructure that combines the RGB protocol and the Lightning Network, supporting private and instant stablecoin transactions, integrating them into the Bitcoin ecosystem. This investment will promote ecosystem development and expand into global markets.
BTC-3,92%
GateNews·11h ago

IoTeX Releases ioTube Security Incident Report: Actual Losses Approximately $4.4 Million, Pledges Full Compensation to Affected Users

IoTeX reports that the ioTube cross-chain bridge incident on March 6 resulted in approximately $4.4 million in losses. 99.5% of the stolen assets have been frozen, and the team has committed to fully compensate affected users. The mainnet has resumed operation, and the attacker’s address has been blacklisted. Meanwhile, efforts are underway to promote decentralized governance and security audits.
IOTX-3,38%
ETH-5,08%
BTC-3,92%
GateNews·13h ago