Project Progress

Foundry Digital launched its Zcash mining pool, capturing 29% of the network's hashrate shortly after its announcement. They also introduced Zcashinfo.com, a block explorer for transaction tracking, further enhancing infrastructure for the Zcash ecosystem.

Hyperliquid founder Jeff Yan reviewed his experiences before creating Hyperliquid in an interview. He once ran a large anonymous trading team, Chameleon Trading, and used $10k to achieve significant growth. Due to dissatisfaction with the state of the crypto industry and the FTX event, Jeff decided to shut down Chameleon Trading and focus on building the decentralized exchange Hyperliquid.

Aptos Foundation updated its tokenomics on April 14. The main reforms include lowering the staking annualized rate to 2.6%, increasing Gas fees by 10x, setting a supply cap of 2.1 billion tokens, and permanently locking 210 million APT. This adjustment is intended to shift the supply model from a “subsidy-driven” approach to a “performance-driven” one, in order to achieve a deflationary target and encourage long-term participation.

Hyperliquid founder Jeff Yan said that the biggest challenge in 2025 will be API server latency. Last summer, as Bitcoin’s price surged and trading volume spiked, the system experienced delays: order responses went from instantaneous to 3 seconds, hurting trading efficiency. After the team’s efforts, they rebuilt the server system and ultimately overcame the issue.

Pi Network distributes 26.5 million PI tokens to more than 1 million community members who have completed KYC verification, to accelerate user identity verification and strengthen the decentralized model. 18 million already-verified users have laid the groundwork for the ecosystem’s development, but the key lies in how to convert these users into active participants. With the protocol upgrade, Pi Network is moving toward the open network phase, and smart contract support signals richer application scenarios.

Twin3 launched digital identity infrastructure for the Agent economy on April 14 and rolled it out on the testnet. The protocol uses soulbound tokens to store users’ identities and experiences, building digital identities, supporting personal AI agents, and driving automated economic collaboration.

Scroll Foundation proposed on April 14 to dissolve the current Security Council and transfer administrative control to Scroll Admin’s multisig address because the Security Council’s operating costs do not match actual usage. The transition period will be ten days, and it will rely on member support. The new structure will continue to ensure the protocol’s security standards, and this does not mean compromising on security. The role of DAO contributors will also be scaled back to align with current priorities and operational needs.

Cardano is preparing for two major upgrades in 2026: Ouroboros Leios, a scaling solution to boost transaction speeds, and the van Rossem hard fork to enhance performance and security. Both upgrades are on track for June launches.

Gate News message, April 14, Scroll released an important proposal for protocol governance, planning to dissolve the Security Council and transfer protocol management permissions to the Scroll Admin multisig address. The transition is expected to be completed within the next ten days. Scroll said that the operating costs of the Security Council are no longer reasonable compared with the actual usage in the past few quarters, and the related resources should be better used for product development and growth. Scroll will work with major stakeholders to explore a new Security Council structure that is more suitable for current market conditions.

Ripple teamed up with NDepth to strengthen Ripple Treasury’s enterprise financial management solutions, integrating bank fee analysis, funds optimization, and financial data insights to improve compatibility with existing financial systems and provide institutional customers with better liquidity connectivity. This strategy reflects Ripple’s market positioning shift from replacing SWIFT to coexisting with it, laying the groundwork for expanding the institutional application ecosystem for XRP.

Circle co-founder Jeremy Allaire announced that he will issue a native token for Arc Network, covering three main functions: governance, ecosystem incentives, and economic interests alignment, and plans to transition to a Proof of Stake (PoS) system. Arc Network will build post-quantum signatures within the first day of mainnet to address future quantum attack threats and ensure blockchain security. The token plan has not yet released specific details; more information will be published soon.

Genius launched an airdrop on April 14, and the token value surged by 850%; at one point, FDV exceeded $820 million. The platform’s core is built around three key development directions, including privacy transactions, actively managed liquidity AMMs, and binary options tools. It designs a refund mechanism to protect users and promote token stability, but liquidity risk must be kept in mind.

Solana ecosystem multi-signature agreement Squads issued a warning, pointing out that attackers launched an address poisoning attack against users by using fake accounts to trick users into making unauthorized transfers. Squads confirmed that there was no loss of funds and emphasized that this is a social engineering attack rather than a protocol vulnerability. To respond, Squads has implemented protective measures such as a warning system, non-interactive account prompts, and a whitelist mechanism. This incident reflects the growing social engineering threats in the Solana ecosystem and has prompted ongoing security reviews.

Korean payment service provider NHN KCP and Avalanche developer Ava Labs have signed a memorandum of understanding to cooperate and jointly develop a Layer 1 network centered on payments, focusing on ultra-fast payment authorization, encryption of on-chain transaction data, and customizable merchant base infrastructure. Both parties plan to confirm technical feasibility through a proof of concept, expand digital commerce opportunities, and integrate traditional financial infrastructure with blockchain technology.

Gate News message, on April 14, Lighter officially announced the launch of a Liquidity Partner Program, which will reward users who provide liquidity for RWA assets on the platform. The RWA asset categories covered by the program include crude oil, precious metals, U.S. stocks, and more.

The article discusses the threat that quantum computers pose to Bitcoin’s cryptographic technology, especially the vulnerabilities of ECDSA and Schnorr signatures. To address these issues, developers have proposed a wallet ownership proof tool that does not expose seeds and a “quantum-safe Bitcoin” transaction scheme. The former does not affect system operation while safeguarding users’ assets, and the latter avoids changing core rules to fend off quantum attacks. Although these technologies are still being refined, they have improved Bitcoin’s ecosystem’s ability to respond to future threats.

Aave DAO has approved a $25 million funding package for Aave Labs under the "Aave Will Win" framework, securing 75% support after prior governance tensions. The grant includes a tiered allocation and extended vesting period, signaling long-term collaboration.

Polymarket's protocol upgrade introduces pUSD, a USDC-backed collateral token on Polygon, enhancing order management, reducing failed trades, and lowering gas costs. The update aims for a smoother user experience while improving trading architecture and security.

Nous Research is an open-source AI lab focused on the Hermes series of models. In 2025, it received a $50 million investment from Paradigm, valuing it at $1 billion. What makes it unique is that it develops AI technology with a crypto-native team and then integrates it with the blockchain. Its core product, the Hermes model, is designed around the goal of reducing the refusal rate, and its data sources rely mainly on synthetic data. At the same time, Psyche Network builds a decentralized AI training network on Solana, incentivizing participants through a token mechanism. Nous Research adopts an open-source and decentralized strategy, aiming to demonstrate its technical capability and feasibility.