Gate News update, April 20. According to Gate market data, as of the time of writing, PIEVERSE (pieverse) is trading at $1.13. It is up 79.64% over the past 24 hours, with a highest price of $1.48 and a lowest price of $0.571. The 24-hour trading volume reached $14.2417 million. Its current market cap is approximately $197 million. Pieverse is an agent-native, compliance-first payment protocol stack. Its core mission is to build foundational payment infrastructure for Web3. By using on-chain verifiable invoices, receipts, and checks to timestamp value, it enables seamless, auditable transactions and perfectly connects blockchain data with real-world compliance needs (such as tax filings and audits). Pieverse is also rolling out x402b (an extension protocol supporting HTTP web payments) and the cross-project, general Timestamping Alliance. This information does not constitute investment advice. Investors should be mindful of risks related to market volatility.

Gate News message, April 20, according to Gate market data. As of the time of writing, AAVE (Aave) is trading at $92.32. Over the past 24 hours, it is down 6.53%, with a high of $99.17 and a low of $88.71. The 24-hour trading volume is $16.9544 million. The current market cap is approximately $140.1 million. Aave is an open-source decentralized lending protocol that provides deposit and borrowing services for users. The deposit interest rates for depositors and the loan interest rates for borrowers are calculated algorithmically based on the platform’s borrowing amount and deposit amount. The platform also uses Chainlink oracles to ensure fairness in the collateral price. AAVE’s recent important news: 1️⃣ **Kelp DAO cross-chain bridge hacked, triggering a liquidity crisis** The hacker exploited a LayerZero cross-chain bridge vulnerability to steal rsETH worth $291 million, and then used the illegally obtained rsETH to provide collateral and borrow on Aave, causing the utilization rate of Aave’s core lending pool to reach 100%. The incident triggered a chain reaction: Aave’s net withdrawals totaled $6.2 billion, and total deposits fell from $45.8 billion to $35.7 billion. This event directly hit market confidence and is the main reason for the recent decline. 2️⃣ **Multiple institutions and whales panic-selling** After the incident, multiple whale addresses sold AAVE heavily on-chain, including the "smaugvision" address selling 20,015 tokens, the 0xFC5 address selling 20,000 tokens, and the 0xA2E address selling 19,665 tokens—totaling nearly 60,000 tokens. The well-known whale "ThisWillMakeYouLoveAgain" even cut losses and stopped the loss by selling 29,400 AAVE for $2.73 million, with losses exceeding $6 million. Large-scale selling further intensified downward pressure on the market. 3️⃣ **DAO governance approves a large financing plan to support long-term development** The Aave DAO passed the first grant proposal under the Aave Will Win framework with 75% support. Aave Labs will receive $25 million in stablecoins and 75,000 AAVE (about $6.8 million) unlocked linearly over four years. Founder Stani clearly laid out the strategic direction: all product revenues will flow back to the DAO treasury, with the goal of expanding the protocol’s scale from $40 billion to the trillion-level. This financing plan provides a solid foundation for the protocol’s long-term development, but in the short term the market still needs to absorb the impact of the hacker incident. 4️⃣ **Smart money addresses build positions against the trend** On-chain data shows that over the past seven days, approximately $2.9 million worth of AAVE has flowed out of exchanges. Smart money addresses are accumulating AAVE, with their holdings increasing to 359,880 tokens. The top 100 traders saw a net inflow of $2.18 million, and the leading profit-taking wallets maintained their positions without moving, suggesting that institutional investors are optimistic about Aave’s long-term prospects and providing some support for the current price. This information is not investment advice. Please note the risk of market volatility when investing.

European companies are adopting Bitcoin treasury strategies that align with local regulations, in contrast to the U.S. debt-driven model. Key players like Germany's Bitcoin Group SE and France's Capital B focus on conservative positions, facing unique market constraints.

Gate News message, April 17, according to Gate market data. As of the time of writing, PIPPIN (pippin) is trading at $0.0362. It is up 39.78% over the past 24 hours, with a high of $0.0436 and a low of $0.02575. The 24-hour trading volume is $12.4612 million, i.e., $12,461,200. Its current market cap is approximately $36.1977 million. Pippin is an SVG unicorn drawn using the latest LLM benchmarks on ChatGPT 4o. Pippin was created by Yohei Nakajima, a widely recognized innovator and thought leader in the AI VC space. He is known for his public build approach and has been at the forefront of the "AI for VC" movement, launching more than 100+ AI-driven prototypes, automated agents, and open-source projects. Its most well-known release is BabyAGI (March 2023), the first popular open-source autonomous agent with task-planning capabilities. It went viral on Twitter, accumulating millions of impressions, and generated tens of thousands of GitHub stars, dozens of Arxiv citations, and coverage by major global online publications. This news is not investment advice. Please be aware of market volatility risks when investing.

Gate News message. On April 16, according to Gate market data, as of the time of publication, KT (KingdomX) is trading at $0.00056. Within the past 24 hours, it is up 73.93%, with a high of $0.00063 and a low retracing to $0.00029. Its current market cap is approximately $206k. KingdomX is a medieval metaverse chain game, with the game’s core built around an NFT protocol. In the game, users can collect heroes, complete quests, challenge events, participate in wars, and build their own game kingdom through social interaction and territory development. All of the game’s ecosystem is designed around the GameFi protocol; while improving the game’s playability, it preserves the value of in-game assets, so that any user can earn returns through the game and make Token or receive rewards. Kingdom

Franklin Templeton's Sonar Desai asserts that the U.S. dollar will retain its status as the preferred global currency due to the size of the U.S. economy, market depth, and institutional credibility. He argues that no credible alternatives exist and that the dollar's current weakness is cyclical, not structural.

Ethereum remains above $2,300, with rising futures open interest and substantial ETF inflows. However, low perpetual contract funding rates and declining DApp revenue indicate waning confidence and potential price pressure amid stiff competition.

TeraWulf reported a $900 million stock offering to finance AI data centers, causing its stock price to drop following the announcement, as per Gate News on April 15.

Gate News, April 15, according to Gate market data, as of the time of publication JST (JustLend) is trading at $0.0798. Over the past 24 hours, it is up 1.55%, with a high of $0.0812 and a low of $0.0762. The 24-hour trading volume reached $2,955,000. Its current market cap is approximately $703 million. JST is the governance token of the JUST ecosystem. It aims to build a fair, decentralized finance system, providing stablecoin lending and governance mechanisms for users around the world. JST uses a dual-token system, where USDJ is a stablecoin pegged to the U.S. dollar 1:1 and is generated by posting TRX as collateral on JST’s CDP lending platform. Holding JST enables users to participate in community fair governance, and under the fair system, to pay CDP

ETHGas and ether.fi have entered a $3 billion agreement to enhance Ethereum blockspace markets. ether.fi will allocate 40% of its ETH holdings to ETHGas’ High Performance Staking Service, enabling future block inclusion rights trading and new yield opportunities.