Web3 Project Updates and Developments

The recent transfer of 300 million Pi tokens marks a key milestone for the Pi Network, enhancing migration infrastructure and user confidence. It demonstrates operational preparedness, though challenges like KYC delays persist. Successful execution could solidify its market position.

The Financial Times of the UK quoted sources familiar with the matter as saying that the "Board of Peace," a peace committee led by U.S. President Donald Trump and aimed at promoting post-war reconstruction in the Middle East, is evaluating the creation of a USD stablecoin for the Gaza Strip to serve as a digital transaction tool for local residents, thereby revitalizing the Gaza economy. Since Hamas launched a large-scale attack on Israel in October 2023, the Gaza Strip has been mired in a quagmire of war. The subsequent intense airstrikes and ground military operations by Israel aim to completely dismantle Hamas armed forces, but the prolonged conflict has also caused devastating destruction in Gaza, triggering a severe humanitarian crisis. The Financial Times pointed out that Gaza's current traditional financial system is almost completely paralyzed. Local ATMs are either destroyed by explosions or forced to shut down, coupled with strict measures by Israeli authorities.

Odaily Planet Daily reports that IoTeX announced on the X platform that after a suspected private key leak led to a hacking attack, the L1 has been restored and upgraded to operate normally. The new version v2.3.4 includes a default blacklist that automatically filters malicious EOA addresses to enhance network security. A comprehensive compensation plan for affected bridging users will be announced within 24 hours.

Solana's "Pacific Backbone" initiative aims to enhance its network's speed and reliability for institutional users by connecting key Asian financial hubs. This upgrade targets high-frequency traders and bolsters Solana's position in the competitive blockchain landscape.

Gate News bot message, according to the official Gate announcement Gate will launch Crypto Burger (CRYPTOBURG) spot trading, with trading pairs CRYPTOBURG/USDT. Trading is scheduled to open at 20:00 (UTC+8) on February 25, 2026, and withdrawals are expected to open at 20:00 (UTC+8) on February 26, 2026. Gate also simultaneously launches the 334th HODLer Airdrop event, with a total of 10,000 CRYPTOBURG tokens airdropped, 100% unlocked. Participants must hold at least 1 GT and share the airdrop pool based on their GT holdings. The event will end at 19:00 (UTC+8) on February 25, 2026. Crypto Burger is a Runes-type token within the Bitcoin ecosystem, originating from Bitcoin payment culture. It has evolved from Odin.fun platform's popular meme coin into a Bitcoin-based payment infrastructure. The total supply is 21,000,000, with a 100% fair launch mechanism. Gate Labs did not participate in the investment of this project.

Switzerland's Hashgraph Group launches the Hedera-based TrackTrace supply chain tracking platform to address new EU product compliance regulations. The platform records product movement and emission data, supports automated compliance reporting, and responds to the Sustainable Product Eco-Design Regulation coming into effect in 2024.

_Trump’s Board of Peace studies stablecoin for Gaza economy rebuilding, with $17 billion pledged and digital infrastructure plans under review._ The Board of Peace is now exploring a new stablecoin to assist the postwar Gaza economy. According to Financial Times, this digital tool assists

Odaily Planet Daily reports that Infini founder Christian posted a screenshot of a Visa crypto card on X and stated, "Major update coming tomorrow, it's back," hinting at the re-launch of the crypto card product. Infini was previously a leading project in the crypto card space but announced the discontinuation of Infini Card services in May of last year.

The Ethereum Foundation officially launches ETH staking in the treasury, with an estimated investment of about 70,000 ETH. All proceeds will be reinvested to support protocol development and community ecosystem. This staking uses an open-source decentralized solution to reduce risk and demonstrates a shift in financial strategy from "selling tokens" to "staking," to promote sustainable operations.

BGD Labs has announced that it will exit the Aave ecosystem in April, accusing Aave Labs of centralizing control over the DeFi network. It alleges that Aave Labs wants to develop v4 on its own terms and has ‘disregarded v3 and defined its deprecation timeline’ despite v4 not being live

The XRP Ledger Foundation announced the release of XRP Ledger Software version 3.1.1, which disables the Batch amendment due to a severe bug. A devnet reset is scheduled for March 2026, affecting only the devnet and resetting all data.

February 24 News, Roam Network released its latest Litepaper, introducing its "Digital Terrain Map" system aimed at telecom operators and physical artificial intelligence. The system uses smartphones as a continuous measurement layer to track signal quality, latency, blind spots, and handovers in real-time. It has already collected over 3.7 billion connection measurement data points from 127,000 devices across 187 countries/regions worldwide, with approximately 10,000 to 14,000 users contributing each month. Roam's Digital Terrain Map is considered an upgraded version of traditional road testing, offering low cost, data-rich insights, and timely updates to provide telecom operators with real-time network optimization references. For physical artificial intelligence, this map is similar to a "robotic Waze," enhancing route planning, operational efficiency, and safety for drones, robots, and autonomous vehicles.

February 24 News, Bitcoin asset management firm Nakamoto announced the completion of its acquisition of BTC Inc. and UTXO Management through a fully stock-based transaction valued at approximately $107.3 million. This move is seen as a significant step in reshaping the Bitcoin media ecosystem and asset management landscape. According to the company's disclosure, after the completion of the transaction, relevant shareholders will hold 363,589,816 shares on a fully diluted basis, further strengthening its capital structure and business synergy. The acquisition includes BTC Inc., which operates Bitcoin Magazine and the Bitcoin Conference, as well as UTXO Management, which focuses on Bitcoin asset management. Founder David Bailey stated that the deal aligns with their long-term strategy of building a diversified business matrix around Bitcoin, aiming to create a closed-loop ecosystem encompassing media, asset management, and consulting services to enhance stable revenue streams and industry influence.

OpenMind partners with Circle to launch the world's first payment infrastructure designed for autonomous intelligent agents and real-world AI, enabling robots to make autonomous payments in the physical world. The FABRIC Foundation will accelerate the implementation of the machine economy era and promote robots to become autonomous economic entities.