Project Progress

Explore crypto news and in-depth articles related to Project Progress, covering market updates, data-driven analysis, trend insights, and key developments to help you fully grasp key information about Project Progress in the crypto market.
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Bitdeer will build the largest AI data center in Norway, supporting NVIDIA Vera Rubin technology

Bitdeer’s Tydal Data Center under its umbrella has reached a retrofit agreement with a Norwegian contractor, converting the facilities to support NVIDIA’s AI technology. This move is at the core of Bitdeer’s global strategy, aimed at meeting the growth in demand for AI data centers. Meanwhile, Bitdeer has cleared its Bitcoin reserves and plans to raise $300 million.
BTC0,6%
GateNews·3h ago

Chain Abstraction’s stablecoin system River announces expansion to the Base network

River, an on-chain abstracted stablecoin system, announced on March 30 that it will expand to the Base network. Previously, it had been deployed on Ethereum and BNB Chain. River said Base is the Ethereum L2 platform with the strongest liquidity, and that data shows its total value locked in DeFi exceeds $4 billion, with a stablecoin market cap of $4.7 billion and nearly 500,000 daily active addresses. This expansion will allow Base users to natively hold and use River.
ETH2,29%
BNB0,65%
GateNews·3h ago

Leverage trading platform OmenX completes a seed round funding totaling several million dollars

OmenX announces the completion of a multi-million-dollar seed round, with participation from multiple institutions. The platform turns real-world events into tradable markets, introducing a leveraged perpetual futures contract mechanism to improve capital efficiency and risk hedging capabilities. The testnet is already live—users can participate in the points system to test platform features, in preparation for the mainnet launch.
GateNews·3h ago

Lido DAO proposes to buy back $20 million worth of LDO to help support the price after a 95% drop

Lido DAO proposes to buy back LDO worth $20 million to support the price after a 95% drop Prolonged selling pressure has caused the governance tokens of many DeFi protocols to fall into significantly thinner liquidity, forcing decentralized autonomous organizations to seek more decisive intervention solutions to stabilize the market
LDO3,91%
STETH2,41%
TapChiBitcoin·4h ago

US Traditional Exchange “On-Chain 3-Part Refrain”: Tokenization Is Reshaping Collateral, Trading, and Margin

Author: Jae, PANews When Bitcoin is still sitting uncertainly around the $70,000 mark, Wall Street—the global financial heart—has completed three resonances within 48 hours. Three giants controlling the flow of global capital—NYSE, Nasdaq, and CME Group—have successively announced upgraded plans for business tokenization. Nasdaq is developing a tokenized collateral management solution, the NYSE and Securitize are collaborating to develop a tokenized securities platform, and CME Group has rolled out institutional “tokenized cash” settlement services. With the three top exchanges moving on three fronts at once, and leveraging blockchain technology, they have carried out a deep overhaul of the world’s liquidity “pipeline.” When traditional Wall Street incumbents actively embrace tokenization, the rules of the global capital markets game are being rewritten. Goodbye to T+1, Nasdaq uses tokenization to put $35 billion in collateral to work $35 billion—this is what Nasdaq estimates is “sleeping” in global fi
RWA-0,79%
区块客·5h ago

Does USDT have full reserves? Tether reportedly hired KPMG for a comprehensive audit

Tether is conducting a comprehensive financial audit of USDT, hiring KPMG and PwC to improve financial transparency and internal processes. This move comes as it prepares to expand into the U.S. market and raise funds, aiming to address outside doubts about its U.S. dollar reserves. Detailed information about Tether’s past reserves was revealed after a legal battle, showing changes in its asset allocation.
区块客·6h ago