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

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.
PYUSD0,05%
CryptometerIo·1h 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-4,68%
GateNews·1h 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-2,16%
ETH-5,21%
BTC-4,68%
GateNews·3h ago

Strike has obtained the BitLicense issued by the New York State Department of Financial Services

Odaily Planet Daily reports that Bitcoin payment app Strike has officially received the BitLicense license issued by the New York State Department of Financial Services, allowing it to operate cryptocurrency services locally. Strike also announced the launch of a Bitcoin collateral credit line service, enabling users to borrow fiat currency in real-time for lightning payments or bill payments. Currently, this service supports low-threshold lending and will initially be launched in Georgia and Massachusetts, with plans to expand to more states across the United States.
BTC-4,68%
GateNews·3h ago

Multiple Perpetual DEX Projects Launch Airdrop Campaigns

Gate News bot message, several decentralized perpetual exchange projects have launched active airdrop campaigns. The projects are categorized into different tiers: S-tier includes Variational, edgeX, and Nado; A-tier comprises Ethereal, GRVT, Extended, Hibachi, and Liquid; B-tier features Pacifica,
GateNews·3h ago

Rumble: Tether has committed to providing $150 million in GPU service procurement and currently holds 210.82 BTC.

Rumble disclosed in its latest financial report that it holds 210.82 Bitcoin and $237.9 million in cash, with total liquidity of approximately $256.4 million. The company will collaborate with Tether to secure $100 million in advertising spending and $150 million in GPU service procurement commitments to enhance AI infrastructure and computing power.
BTC-4,68%
GateNews·3h ago

Cango produced 454.83 Bitcoins in February and plans to use treasury funds to support AI infrastructure transformation.

Cango Inc. reported producing 454.83 Bitcoins in February 2026, with a total holding of 3,313.4 Bitcoins. The company plans to use part of its Bitcoin holdings for expenses and strategic investments, transforming into a global AI and high-performance computing infrastructure provider, upgrading equipment and migrating to regions with lower electricity costs.
BTC-4,68%
GateNews·4h ago

Sora Ventures Founder Jason Fang appointed as Chairman of Taiwan-listed company Chuan Fei Energy (TWSE: 1516)

Founder of Sora Ventures, Jason Fang, has been appointed as the new Chairman of Taiwan-listed company Chuanfei Energy, which specializes in trading electric vehicle battery components. Fang stated that he will bring his experience in the blockchain field into his new role to support the company in strengthening its business and creating shareholder value. Since its establishment in 2018, Sora Ventures has invested over $100 million in more than 150 Web3 companies.
BTC-4,68%
動區BlockTempo·5h ago

Sora Ventures Founder Jason Fang Appointed Chairman of Chuanfei Energy, Web3 Investor Cross-Over to Lead Taiwan Stock Listed Company

Chuanfei Energy appoints Jason Fang, founder of Web3 investment firm Sora Ventures, as the new Chairman, attracting market attention. Fang aims to apply his blockchain experience to the company, promote the development of electric vehicle electronic component business, and create more value for shareholders.
BTC-4,68%
ChainNewsAbmedia·5h ago