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Gate News message, April 28 — The crypto industry is experiencing a wave of project shutdowns this year, affecting trading platforms, analysis tools, and other services. Decentralized email service Dmail cited high infrastructure costs, failed fundraising, and weakened token utility as reasons for c
According to a CoinDesk report on April 28, Israel’s Capital Market, Insurance and Savings Authority has officially approved the issuance of stablecoin BILS by local exchange Bits of Gold—this is the first regulated fiat-backed stablecoin in Israel’s history, pegged 1:1 to the Israeli shekel (NIS). BILS is issued on the Solana blockchain, has passed a regulatory sandbox pilot program lasting up to two years, and has officially entered a limited-scale live launch stage.
BILS: The first time the shekel goes on-chain, with Solana as the underlying layer
Key specifications of BILS:
Issuer: Bits of Gold (a longstanding local crypto exchange in Israel)
Peg: 1:1 fully backed by the Israeli shekel (NIS)
Gate News message, April 28 — Pharos announced the launch of its Pacific Ocean Mainnet, the first native asset-class Layer 1 network designed specifically for high performance and regulatory compliance.
The project previously unveiled the economic framework for its native token, PROS, with a
Gate News message, April 28 — Lista DAO's core vote-escrowed contract (Vote-escrowed Lista) transferred approximately 7.023 million LISTA tokens to address 0xFEf45b8B5C52f442a8f866f8Ea9A10c4C739BF36 minutes ago. The transfer was valued at approximately $616,800. The address has previously transferre
Gate News message, April 28 — On-chain detective ZachXBT alleged that WorldCoin (now World), a company founded by Sam Altman, launched WLD tokens with low circulation and high valuation, mirroring the model used by SBF and FTX. According to ZachXBT, the company distributed small amounts of WLD to us
Gate News message, April 28 — Ethena (ENA) will unlock approximately 171.88 million tokens valued at around $18.27 million on May 5 at 00:00 UTC+8, according to RootData token unlock data.
Gate News message, April 28 — Stacks released its Q1 2026 ecosystem data. sBTC (Stacks' Bitcoin-backed token) total value locked (TVL) reached $545 million, with deposit caps fully removed. The Stacks protocol's decentralized finance (DeFi) active deployment capital totaled $121 million.
Zest
Gate News message, April 28 — Paystand, a blockchain-based B2B payments network, has announced the launch of USDb, a stablecoin backed 1:1 by U.S. dollar reserves. The stablecoin is natively deployed on Rootstock, a
Gate News message, April 28 — Initia, a full-chain Rollup L1 network, announced that its investors, founders, and team have extended the vesting cliff period by one year to April 2027.
The protocol stated that over the next year, the team will focus on application development and direct value
Jack Dorsey’s payments company Block (NYSE: XYZ) published a proof of reserves on its official website on April 28, with data through the end of Q1 2026. According to the official announcement, Block holds a total of 28,355.05 bitcoins, with a market value of approximately $2.2 billion.
Gate News message, April 28 — Israel's capital market, insurance and savings regulator has approved virtual asset trading platform Bits of Gold to launch BILS, a stablecoin pegged to the Israeli shekel (ILS). The stablecoin completed a two-year pilot on the Solana blockchain before receiving
The Japan lodging startup NOTAHOTEL raises funds from members through a DAO, issues NAC to tokenize property assets across various locations, and gives ownership to the community. Users need to connect the app and manage their lodging rights with GMOCoin. THEDOOR blind-box-style accommodations are divided into Gifting and Purchasing; there is also a lodging-rights lending program, with a minimum requirement of 100 NAC. It is typically valid within 180 days from the time of payment, covers only lodging fees, and does not include meals, which are paid separately and are non-refundable. Reservations must be changed no later than 30 days before check-in.
Gate News message, April 27 — Ripple's RLUSD stablecoin is steadily gaining traction, with total supply now approaching $1.6 billion, driven by consistent institutional demand and cross-chain expansion. According to XRP Ledger validator Vet, the growth
Gate News message, April 27 — A new report from Blockchain for Europe warns that the Markets in Crypto-Assets (MiCA) regulation is too restrictive and threatens the EU's global competitiveness in stablecoin development. However, the regulatory clarity has paradoxically driven explosive growth in
Gate News message, April 27 — According to Arkham data, Lagrange (LA) team's multisig address distributed approximately 55.70 million LA tokens to 5 addresses one minute ago, valued at around $8.91 million.
LA currently trades at $0.1599, down 4.38% in the past 24 hours. With a circulating supply o
Gate News message, April 27 — Billions Network has announced three options for community round contributors ahead of the token generation event (TGE), based on community feedback. Contributors can choose between a full refund, full allocation plus a 25% bonus with a 6-month lock-up period, or full a
A new Bitcoin hard fork proposal by developer Paul Sztorc has triggered intense debate across the crypto community. The planned fork, named eCash, is expected to launch in August 2026 and would distribute tokens to Bitcoin holders at a 1:1 ratio. However, the proposal has drawn criticism due to
Gate News message, April 27 — The deployer of PNUT used 50 SOL to purchase BELKA tokens and locked them on Streamflow with an unlock condition tied to BELKA reaching a $100 million market cap, according to Whale Insider. The move has drawn significant attention from crypto traders and sparked
Gate News message, April 27 — Spark Protocol released its Q1 2026 financial report on April 27, showing gross protocol returns of $31.5 million (down 31% quarter-over-quarter) and net protocol returns of $6.91 million (down 30% QoQ). Net protocol surplus reached $3.46 million (down 47% QoQ), while t