Gate News, April 8, Aave officially stated that during the security-first growth phase, Aave V4’s deposit volume has already exceeded 10 million US dollars. As the system gradually matures, the supply and borrowing limits will be increased step by step.

The Democratic Party of Korea plans to regulate tokenized real-world assets and stablecoins in the soon-to-be enacted “Framework Act on Digital Assets.” The proposal would require issuers to deposit assets with a trustee-managed trust institution, and classify stablecoins as a means of payment, subject to oversight by foreign exchange regulators. The bill bans earnings from idle stablecoins and calls for the development of interoperable technical standards, aiming to improve market transparency and safety. This marks an important step forward for South Korea’s digital asset regulation.

Pi Network is testing its Launchpad functionality, introducing a “12-grid” token distribution system where users can obtain and verify tokens by subscribing to projects. Test results show the system is stable and supports future ecosystem development. Although it is still on the test network, it has already laid the groundwork for the project’s token distribution and smart contract applications. Overall, the project is moving toward a complete blockchain ecosystem.

The decentralized exchange aggregator Jupiter launched a Token Verification API (VRFD) on April 8, allowing developers to implement programmatic verification during token creation. The API uses a three-step process; developers must burn 1,000 JUP tokens to submit a verification request, and it requires no Gas fees. The initiative aims to become the standard foundational infrastructure for Solana projects.

Biconomy’s new Ethereum standard ERC-8211 introduces a “smart batching” mechanism, allowing AI agents to dynamically execute multiple-step DeFi operations within a single transaction, effectively addressing issues with price volatility and changes in transaction fees, in line with the Ethereum Foundation’s strategy to improve the user experience.

Pi Network has completed the distribution of rewards for the first round of KYC verification. With more than 1 million validators contributing to the confirmation of 18 million global identities, the reward pool exceeds 26 million Pi Coin. This progress marks a key step toward the mainnet launch, demonstrating the efficiency of human–machine collaboration, optimizing performance mechanisms, and attracting more users to participate.

The U.S. Securities and Exchange Commission is accelerating the development of a cryptocurrency regulatory framework, proposing a “safe harbor” mechanism to provide compliant financing pathways for crypto startups. Compared with Congress’s “CLARITY Act,” the SEC’s standalone rule set establishes higher financing limits and disclosure standards while also advancing a “tokenization innovation exemption.” Currently, crypto policy is becoming clearer step by step, and the SEC-led rules will be prioritized in shaping the market.

Gate News: On April 7, Paul Atkins, Chair of the U.S. Securities and Exchange Commission (SEC), said at the Vanderbilt University Digital Assets Summit that the SEC’s proposed crypto “safe harbor” framework has been submitted to the Information and Regulatory Affairs Office (OIRA) for review under the Office of Management and Budget, and that only one final step remains before it is formally released. The proposal includes a “start-up exemption” provision, allowing crypto projects to raise a certain amount of funding within a four-year period, while requiring specific disclosures to protect investors. Atkins also revealed that the SEC is moving forward with an “innovation exemption” mechanism, which would create a regulatory sandbox for on-chain assets, but the initiative has sparked controversy between crypto advocates and traditional financial institutions. Atkins emphasized that related legislation still needs to be advanced to ensure the regulatory framework has staying power across administrations.

A CEX chief compliance officer, Noah Perlman, is planning to resign. He has communicated with management, but he has not yet determined his resignation date or successor. The exchange responded that Perlman remains committed to his future work. He joined in early 2023 and previously served as an Assistant U.S. Attorney.

Pi Network rolls out a security update, requiring Pioneers to enable two-factor authentication (2FA) to protect users’ account and wallet security and prevent loss of funds during the mainnet migration. This move addresses ongoing scam threats and ensures that sensitive actions are approved only by the account owner. At the same time, node operators have upgraded to protocol 21.2 to improve system performance. Users must complete the mainnet migration step by step to safeguard their assets.