Web3 Project Updates and Developments

Mastercard is acquiring stablecoin infrastructure company BVNK for up to $1.8 billion, a move aimed at protecting its market position in cross-border transactions as stablecoins threaten 37% of its revenue. BVNK will help Mastercard integrate stablecoin payments, improve settlement efficiency and reduce costs, while addressing regulatory challenges. User experience may remain unchanged in the future, but settlement speed and costs are expected to improve.

Resolv Labs announces the enablement of redemption functionality for pre-attack USR, scheduled to launch on March 23rd, with affected users required to contact RDAL. This incident stemmed from a third-party attack, with underlying assets remaining uncompromised. The protocol is currently tracking illegally minted USR and recommends users suspend related transactions.

The Fluid team has secured short-term loans covering 100% of non-performing debt to ensure user funds safety. ResolvLabs will handle USR positions prior to the security incident, and investors intend to increase FLUID holdings to strengthen protections. Smart contracts are functioning normally, market operations are stable, with potential interest rate fluctuations possible.

Uniswap Labs is back with another eye-catching milestone, this time highlighting the scale of activity flowing through layer-2 networks on the Uniswap Protocol. In a post shared by the team, Uniswap said L2 swap volume has crossed the $1 trillion mark, pairing the message with the phrase “Pink

This week, multiple tokens will undergo significant unlocks, including H, JUP, XPL, and others. Among them, H will unlock 105.36 million tokens on March 25, while JUP and XPL will also experience notable unlocks, with varying trading values and circulating supply percentages.

Manadia, a data settlement and AI coordination infrastructure with expertise in enabling verifiable execution across various blockchain networks, today announced a strategic partnership with TradingRazor, an AI-powered multi-chain trading intelligence platform that helps traders to capture

Bounce Finance has launched Bounce Predict, enabling prediction markets for Sotheby’s auctions. This initiative bridges DeFi with traditional auction dynamics, promoting transparency and trust through verified data, enhancing market opportunities for participants.

JPMorgan Chase now allows institutional clients to use Bitcoin and Ethereum as collateral for loans, using third-party custodians to manage risks. This integration of crypto into credit systems highlights a shift toward digital assets in traditional finance, despite challenges posed by volatility.

_BTQ launches Bitcoin Quantum testnet with BIP 360, introducing Pay to Merkle Root and enabling quantum resistant transaction testing._ BTQ Technologies has launched a new step in Bitcoin-focused research with a working quantum test environment. The company confirmed that it deployed Bitcoin I

Major League Baseball has partnered with Polymarket for exclusive prediction market services while tightening betting regulations to mitigate risks of manipulation. An agreement with the CFTC enhances oversight on market integrity, addressing concerns raised by recent scandals.

Gate News reported that on March 22, Bounce officially launched its new ecosystem product Bounce Predict. The product is positioned as a prediction market platform for auction scenarios. It has currently opened prediction markets for an upcoming Sotheby's auction, where users can use USDT to make price predictions on auction results.

Visa Crypto Labs has launched a CLI tool that allows AI agents to securely perform card payments without requiring API keys, reducing the risk of unauthorized transactions and protecting user finances. The tool is currently in beta and reflects Visa's commitment to advancing AI-era digital payments.

Resolv Labs halted its decentralized finance ( DeFi) protocol early Sunday morning after an exploit allowed an attacker to mint tens of millions of unbacked USR stablecoins, sending the token sharply off its dollar peg. What Caused the Resolv Labs Hack and USR Depeg? The incident struck the Resol

GMX Labs approved a leadership structure upgrade proposal through DAO voting on March 22nd, with 96.42% support. The proposal aims to address team expansion and market competition, accelerating the shift toward a traditional leadership model. It plans to publicly recruit a CEO responsible for strategy development and partnerships, with a salary of $150,000 to $200,000, supplemented by performance incentives linked to protocol fees. During the transition period, operations will be maintained by a temporary leadership committee.

RLUSD Supply Adjustments and Treasury Activity Ripple executed the latest burn through its treasury wallet, permanently removing nine million RLUSD tokens from circulation. Consequently, the move reduced the available supply and followed earlier large-scale burns during the same month. The action f

Gate News reported that on March 22, DeFi protocol Fluid released an announcement stating that it learned of the Resolv hacker incident. Fluid's automatic credit limit mechanism prevented excessive borrowing of funds, and the USR market has been suspended from trading with the situation under control. Fluid stated that if there are any bad debts remaining on the protocol, all user losses will be fully compensated. User funds and protocol security are Fluid's top priorities, and a comprehensive review is currently underway. A detailed post-mortem analysis report will be released after the investigation concludes.

TRON received the "Web3 Leading Enterprise Award" at the SFFE2030 Summit, highlighting its infrastructure position in global digital finance and emerging industries. With stable coin settlement and efficient on-chain payment capabilities, TRON is expanding toward artificial intelligence economic infrastructure, focusing on future machine-to-machine (M2M) payment needs to drive further development of the digital economy.

Aave founder Stani.eth stated that Aave has no risk exposure to Resolv's stablecoin USR, and collateral assets are secure. Resolv has begun an orderly exit and debt repayment, with no impact on Aave's liquidity providers or the protocol.

Crypto platform Gemini has cut its workforce by 30% in 2026, citing a transformative integration of artificial intelligence (AI) that enables employees to achieve a “100x” productivity impact. The Rise of the ‘100x’ Worker Crypto platform Gemini has reduced its workforce by approximately 30%