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

BlackRock charges an 18% commission on staking rewards for its Ethereum staking ETF; multiple experts assess costs and risks

BlackRock’s iShares Staked Ethereum Trust launched in March under its brand, with a management fee of 0.25% and a staking-reward commission of 18%. Industry insiders believe the commission includes multiple costs, and it may decrease in the future. Some people question whether such a high fee is justified, especially when comparing it to staking rates for retail investors.
ETH4,32%
ATOM3,19%
GateNews·4h ago

Morpho releases the Morpho Agents Beta, enabling natural-language completion of protocol integrations

Gate News message: On April 8, the decentralized lending protocol Morpho announced the launch of the Morpho Agents Beta. The product allows developers and institutions to use AI agents, guided by natural-language instructions, to integrate the Morpho protocol and develop their products within minutes. Currently, this feature supports the Ethereum and Base networks.
MORPHO3,4%
ETH4,32%
GateNews·5h ago

Aave V4 deposit volume surpasses $10 million

Gate News, April 8, Aave officially stated that during the security-first growth phase, Aave V4’s deposit volume has already exceeded 10 million US dollars. As the system gradually matures, the supply and borrowing limits will be increased step by step.
AAVE3,95%
GateNews·9h ago

SBI Ripple Asia launches an XRPL token issuance platform, advancing the implementation of compliant blockchain finance

SBI Ripple Asia announced that its token issuance platform based on the XRP Ledger has officially launched, marking an important application of blockchain in compliant financial services. The platform enables businesses to manage tokens directly on-chain and complies with regulatory requirements, improving payment and loyalty mechanisms. In the future, SBI will also optimize cross-border payments between Japan and Korea, driving XRPL’s adoption in the real economy.
XRP2,04%
GateNews·10h ago

WLFI borrows $50.44 million in stablecoins; the treasury runs out, causing DeFi liquidity to turn negative

World Liberty Financial borrowed more than $50 million in stablecoins on the Dolomite platform in the short term, drawing attention from the DeFi market. WLFI deposited large amounts of governance tokens as collateral, causing the liquidity pool utilization rate to exceed 100%, leaving liquidity nearly exhausted and pushing interest rates sharply higher. Analysis suggests this move could be intended to meet liquidity demand or to increase on-chain activity; investors should carefully assess the risks.
WLFI-0,78%
USD1-0,06%
GateNews·10h ago

Pi Launchpad Testnet launches 12-grid token distribution, Pi Network ecosystem takes a key step forward

Pi Network is testing its Launchpad functionality, introducing a “12-grid” token distribution system where users can obtain and verify tokens by subscribing to projects. Test results show the system is stable and supports future ecosystem development. Although it is still on the test network, it has already laid the groundwork for the project’s token distribution and smart contract applications. Overall, the project is moving toward a complete blockchain ecosystem.
PI1,06%
GateNews·11h ago

Mastercard has more than 100 encryption business partners, covering multiple sectors such as public chains, stablecoins, and trading platforms.

Mastercard’s cryptocurrency business partners number more than 100, covering multiple key areas and working toward becoming the connection layer in the payments pathway. Its strategy aims to lower the access threshold, expand network effects, and attract payment institutions and financial endpoints to join the network, which differs from the strategies of traditional payments giants.
GateNews·11h ago

AI payments reach a major breakthrough: Alchemy launches AgentPay to connect systems like Circle and Visa for interoperability

AgentPay, launched by Alchemy, is designed to address interoperability issues between AI payment systems and provides a unified interface for multiple payment protocols. By simplifying payment integration through an API entry point, the tool enhances system security and scalability, promotes the fusion of AI with crypto payments, and helps drive the development of decentralized payment networks.
GateNews·12h ago