Founder of DefiLama: The death rate of token issuance projects after reaching PMF is 50% higher than that of non-token issuance projects

a16z Report: Stablecoins Reach $4.5T in Q1 Transactions, Shift to Local Payments

Gate News message, April 25 — According to a new a16z report, stablecoins have evolved from crypto settlement tools into global financial infrastructure, with adoption accelerating across Asia, Brazil, and other emerging markets. The shift in focus has moved from cross-border to local payments as re

Kelp DAO 漏洞救援：Mantle 擬貸 Aave 3 萬 ETH、DeFi 聯盟承諾逾 43,500 ETH

After the Kelp DAO cross-chain bridge was hacked, DeFi United mobilized agreements from protocols including Aave to commit 43,500 ETH (about $101 million) to provide relief for bad debts. Mantle proposed MIP-34, offering to lend up to 30,000 ETH to the Aave DAO and granting 130,000 AAVE voting rights; Stani Kulechov personally injected 5,000 ETH, and Lido and others also contributed. This move is seen as an experiment in “exchanging loans for governance rights” during a crisis, pending a vote.

Morgan Stanley launches its first GENIUS Act-compliant stablecoin reserve fund MSNXX: annual fee 0.15%, minimum $10,000,000

Morgan Stanley Investment Management today launches the MSNXX stablecoin reserve fund, providing asset management for stablecoin issuers. The assets are invested in cash, 93-day U.S. Treasury bills, and overnight repurchase agreements. The NAV is fixed at $1.00, with an annual fee of 0.15%, and a minimum threshold of $10 million. This fund complies with the GENIUS Act requirements, integrating stablecoin funding into the U.S. government money market fund framework, demonstrating that stablecoin infrastructure is aligning with traditional finance.

Algorand, Aptos Lead Quantum Security Race: Coinbase Report

Coinbase's Quantum Advisory Council has identified Algorand and Aptos as the Layer-1 networks best positioned to handle future quantum computing threats, according to a report cited on April 24, 2026. While large-scale quantum risks remain years away, the report emphasizes that preparation is

Taiwan’s 14 brokerage firms have launched virtual asset ETFs via omnibus authorization for cross-advisory (sub-advisory) arrangements, with cumulative trading exceeding NT$98.99 billion New Taiwan dollars

According to the latest statistics provided by the Securities and Futures Bureau of the Financial Supervisory Commission, as of the end of March 2026, a total of 14 securities firms in Taiwan have launched virtual asset ETF cross-border/overseas custody (futures commission) re-delegation business, with cumulative trading exceeding NT$9.9B. Huang Zhonghao, Deputy Director of the Securities and Futures Bureau of Taiwan, stated that the Financial Supervisory Commission (FSC) has required the securities firms’ association to submit an assessment report on the performance of the virtual asset ETF cross-border/overseas custody (futures commission) re-delegation business over the past year, and that the assessment will expand eligibility to retail investors.

ARK Invest Report: Bitcoin confident buyers increased their holdings by 69%, and the bottom range hasn’t been tested yet

According to the Q1 2026 Bitcoin Quarterly Report released by ARK Invest on April 24, the holdings of Bitcoin “confidence buyers” increased from 2.13 million BTC to 3.60 million BTC, up 69% quarter-over-quarter. ARK Invest said that the key support range for the cyclical bottom as defined by the firm ($54,000 to $50,000) was not tested by the end of the first quarter.