Gate News: On March 26, Gitcoin issued a reminder that users holding funds on the Public Goods Network (PGN) must withdraw them by 21:00 on April 20. Following the governance vote earlier this year (which transferred remaining funds in PGN back to the Gitcoin Foundation treasury), unclaimed funds will be transferred to the Gitcoin Foundation treasury. PGN will cease operations in October 2024. To ensure users can safely retrieve their assets, the official team has preserved and modified the cross-chain escrow (bridge escrow) functionality and deployed the BalanceClaimer contract. This contract allows users to directly claim back funds remaining on PGN to their Ethereum mainnet addresses, even after PGN is fully suspended.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Quantum-Safe Bitcoin Proposal Claims Protection Without a Network Fork
The article discusses a proposal for "Quantum-Safe Bitcoin," which allows users to secure transactions against potential quantum attacks without altering Bitcoin's core protocol. The design fits within existing scripting rules, enabling security-conscious individuals to act independently without necessitating network-wide consensus or political disputes over upgrades.
CryptoNewsFlash1h ago
Venus Protocol announces it will stop running independent pools; user funds are safe, and withdrawals remain open
Gate News message, April 14, decentralized lending protocol Venus Protocol issued a statement that its isolated pools are now no longer operational. The statement said that all isolated pools have been paused, but user funds remain safe and the withdrawal function is still available. Users can choose to migrate their assets or withdraw directly depending on whether their assets are on Venus Core.
GateNews2h ago
Foundry Launches Zcash Mining Pool Alongside Industry-Leading Bitcoin Pool
Foundry Digital launched its Zcash mining pool, capturing 29% of the network's hashrate shortly after its announcement. They also introduced Zcashinfo.com, a block explorer for transaction tracking, further enhancing infrastructure for the Zcash ecosystem.
Decrypt3h ago
Hyperliquid founder Jeff Yan: started with $10k at age 27 to achieve financial freedom, then later founded a decentralized exchange
Hyperliquid founder Jeff Yan reviewed his experiences before creating Hyperliquid in an interview. He once ran a large anonymous trading team, Chameleon Trading, and used $10k to achieve significant growth. Due to dissatisfaction with the state of the crypto industry and the FTX event, Jeff decided to shut down Chameleon Trading and focus on building the decentralized exchange Hyperliquid.
GateNews4h ago
Aptos token overhaul: staking yield slashed in half, Gas fees up 10x as it moves toward deflation
Aptos Foundation updated its tokenomics on April 14. The main reforms include lowering the staking annualized rate to 2.6%, increasing Gas fees by 10x, setting a supply cap of 2.1 billion tokens, and permanently locking 210 million APT. This adjustment is intended to shift the supply model from a “subsidy-driven” approach to a “performance-driven” one, in order to achieve a deflationary target and encourage long-term participation.
MarketWhisper4h ago
Hyperliquid founder: Last year’s biggest challenge was server latency; the team rewrote the system from the ground up.
Hyperliquid founder Jeff Yan said that the biggest challenge in 2025 will be API server latency. Last summer, as Bitcoin’s price surged and trading volume spiked, the system experienced delays: order responses went from instantaneous to 3 seconds, hurting trading efficiency. After the team’s efforts, they rebuilt the server system and ultimately overcame the issue.
GateNews5h ago
