Web3 Project Updates and Developments

The TON core team announced a consensus mechanism upgrade: Catchain 2.0 has started mainnet deployment. The goal is to reduce block confirmation time to about 1 second. This upgrade improves block generation speed and emphasizes that application developers need to adapt to the Streaming API to ensure a good user experience. If they do not adapt, the benefits of the upgrade will be greatly diminished.

Gate News reports that on April 2, Solana liquidity protocol Orca CEO Michael Hwang posted a tweet stating that Orca was not affected by the Drift attack incident and that users’ funds are safe. Michael Hwang pointed out that Orca’s smart contracts have passed four audits, ensuring their security and reliability.

Gate News, April 2, Unitas Protocol, a yield generation protocol, released a statement saying it was not affected by the Drift Protocol attack incident. Unitas Protocol has no exposure on Drift; all collateral is safe; all strategies (including the JLP Delta-neutral strategy) are running normally, and user funds are secure. Collateral can be accessed via Accountable and Primus

EDX Markets applies for an OCC national trust bank charter, with the aim of providing compliant digital asset custody and trading services, filling the functional gap between traditional finance and the crypto market. This application reflects changes in the U.S. crypto regulatory environment and attracts investment from multiple major financial institutions. If approved, it is expected to strengthen institutional investors’ trust and help EDX stand out in the market.

Paradigm is developing a prediction market trading terminal for professional traders and market makers, and plans to set up an internal market-making department and conduct research into prediction market indices. This terminal does not compete with Kalshi because the two products target different audiences. In addition, Paradigm will also expand its investment focus to artificial intelligence and robotics technology, demonstrating its strategic shift from a crypto venture capital firm to a multi-strategy technology investment institution.

Paradigm is developing a prediction market trading terminal, aiming at professional traders and market makers, and plans to set up an internal market-making business while exploring the feasibility of prediction market indices. Its main investment’s Kalshi valuation has reached $22 billion, indicating rising market momentum. Paradigm is also expanding into the AI and robotics space, reflecting a diversified business strategy.

Pendle’s Boros trading platform, launched on April 2, has introduced the Boros OTC trading platform. It is designed to serve liquidity providers and large-scale traders, supports hedging with large notional funding rate exposure, and comes with customized terms and zero price impact. The service is aimed at traders with transactions above $500,000; users must submit their trading intent and only after approval of eligibility can they create a trading proposal. Trades settle directly on-chain.

XRP is advancing into enterprise finance as Ripple integrates it into treasury systems, enabling real-time liquidity management and positioning it as a functional asset for corporate cash operations. XRP Becomes Core Asset In Ripple Treasury Liquidity Strategy A shift in enterprise finance is a

Metya, a popular Web3-based social payments entity, has partnered with Delphi AI, a renowned AI-enhanced prediction market firm. The partnership attempts to merge the user-focused ecosystem of Metya with the cutting-edge predictive intelligence of Delphi AI. As per Metya’s official social media

EDX Markets has recently applied to the U.S. Office of the Comptroller of the Currency to establish a national trust bank, aiming to integrate into the traditional financial system and provide asset custody and management services. Influenced by the Trump administration, crypto industry regulation has been moving toward openness, and many companies such as Circle and Ripple have already obtained similar licenses. With its unique positioning, EDX focuses on serving traditional financial participants, and hopes to improve its compliance and strengthen its competitiveness by obtaining that license.

Jupiter on X confirmed it was not affected by the Drift security incident. Jupiter Lend is not related to the Drift market, and JLP is fully backed by underlying assets. Drift Protocol suffered a security incident, with losses totaling between $200 million and $270 million, half of which was stolen JLP assets.

_New AI agents from Chainalysis simplify blockchain analysis while preserving accuracy, auditability, and human oversight._ Chainalysis has introduced a new suite of AI-powered agents to expand access to blockchain intelligence across organizations. The growing use of AI by cybercriminals has

Blackrock is pushing deeper into crypto income strategies with a bitcoin-linked ETF designed to generate yield while tracking price exposure, signaling a more complex evolution in institutional bitcoin investing that blends derivatives with core holdings. Blackrock Files Amendment for Bitcoin

_Ripple and Convera introduce a stablecoin settlement model to improve speed and flexibility in global payments._ Ripple is expanding its role in global payments as blockchain-based settlement gains traction. Stablecoins are increasingly used as a bridge between traditional finance and digital

Luffa partners with Delphi AI to combine Web3 social wallet technology with crowd-based prediction insights, aiming to enhance market sentiment analysis and improve decision-making across various sectors, particularly in volatile markets.

World has released a toolkit that lets developers convert web apps into Mini Apps with minimal code changes and full compatibility with Ethereum’s EIP‑1193 standard. Ecosystem Growth and Scalability Sam Altman’s World has unveiled a technical upgrade to World Chain that allows developers to

EDX Markets, a crypto exchange backed by Citadel Securities, is applying for a national trust bank charter to offer custody and asset management services. This move aims to provide a regulated framework for institutional clients entering the digital assets space.

_Hong Kong delays stablecoin licenses as regulators review 36 applications, tighten KYC rules, and ensure financial stability before first approvals._ Hong Kong has delayed the release of its first stablecoin licenses. It was to be rolled out by the end of March 2026. Nonetheless, regulators are st

Cardano's price is stabilizing around the $0.245 support level amid market consolidation and declining momentum. The inability to break resistance at $0.268 raises concerns about upward strength. Meanwhile, development of the new node version 10.7.0 is in testing, promising enhancements for the ecosystem.

Ripple Prime has expanded its integration with Hyperliquid to include commodity perpetual contracts, enabling institutions to access decentralized derivatives alongside traditional asset management within a unified margin system, enhancing efficiency and portfolio management.