The ultimate form of AI + Crypto in the future is a decentralized intelligent financial system that will completely change the way ordinary people participate in finance.

Coinbase, Kraken, Uniswap Labs and other 34 crypto companies and foundations jointly wrote a letter to the U.S. Congress on March 27, requesting clarification of the Department of Justice’s broad interpretation of the definition of “money transmitter” in Section 1960 of the Criminal Code, claiming that it threatens the development of non-custodial software in the United States.

The U.S. Senate passed the resolution by 70 votes to 28 on March 27. The bill will be submitted to President Trump for signature and is expected to become the first crypto legislation signed by Trump during his tenure. The IRS DeFi broker rule requires some DeFi platforms to report user transaction information and issue 1099 forms as securities brokers, which has caused controversy over privacy and compliance.

According to Bloomberg, the round of financing was led by SoftBank Group, with participation from Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital. SoftBank will invest a total of approximately US$30 billion in two phases, with US$7.5 billion in the first phase.

The 10,000-word report details the sovereign cross-chain token standard "ERC-7281". How does this solution make cross-chain tokens interchangeable again?

The Wyoming Stablecoin Committee of the United States announced that its fiat-backed, fully-reserved WYST stablecoin has entered the multi-chain testing phase and has been deployed on test networks such as Avalanche, Solana, and Ethereum. WYST is issued by a public entity and is the first such project in the United States. Testing is expected to last until the second quarter of 2025, and it is planned to be officially launched in July. Partners include LayerZero and Stargate. WYST will be over-collateralized by cash and U.S. Treasury bonds, and the interest will be injected into the state education fund.

Coinbase will list the Ethereum network (ERC-20) assets AltLayer (ALT), Pendle (PENDLE) and Layer3 (L3), and will open ALT-USD, PENDLE-USD and L3-USD trading pairs in stages at 0:00 am on March 28 (Beijing time) after liquidity conditions are met.

Binance's first "Vote to List" voting ended at 00:59 (Beijing time) on March 27. BNB chain project BANANAS31 ranked first with 19.4% of the votes, followed by WHY project with 18.8%, attracting a total of 185,436 votes. Binance emphasized that the voting results are for reference only, and the final listing of the coin still needs to go through the review process.

PANews reported on March 26 that @ai_9684xtpa released a review of the Hyperliquid vault being attacked again: 1. The 50x leveraged whale on Hyperliquid previously used the Hyperliquid mechanism to "actively liquidate 160,000 ETH long positions" and withdraw $1.857 million in profits; 2. More scheming target selection: At that time, the 50x leveraged whale on Hyperliquid chose ETH as its target, but this time the attacker's target was Memecoin $Jellyjelly, which has a depth gap of N times, making price manipulation much easier 3. Opening an airdrop to set bait: Address 0xde9...f5c91 opened a $4.08 million $JELLY short order on Hyperliquid, with an opening price of $0.0095 and a margin of 3.5 million USDC 4. Re-enacting active liquidation: Another address Hc8gN...WRcwq After the short position was opened, the spot market was smashed to lower the coin price, creating floating profit space for the short position. At the same time, the opening address withdrew a margin of 2.76 million USDC, and the same trick was used again, so that the position liquidation was taken over by the treasury and then bought back to empty the treasury: the two waves of intensive buying starting at 21:01 and 21:45 further magnified the floating loss of the treasury, until the huge amount attracted the attention of the market.

PANews reported on March 26 that according to The Block, K33 analysts said that although the cryptocurrency market has been in a calm upward trend in the past few weeks due to the US government's statements showing a moderate attitude towards tariffs and a slightly dovish stance by the Federal Reserve, there are still eight days to go before President Trump's "Liberation Day", and market volatility caused by tariffs may further intensify.

According to PANews on March 26, according to monitoring by on-chain analyst Yu Jin, an address may have imitated the previous 50x leveraged whale operation on Hyperliquid, and dumped 398 million JELLY short orders to Hyperliquid by withdrawing margin. This has now caused the Hyperliquid HLP vault to suffer a floating loss of more than 10 million US dollars. The specific process is as follows: 1. At 20:53, 3.5 million USDC from the address 0xde9...c91 was transferred to Hyperliquid as margin, and a short order of 430 million JELLY (worth 4.08 million US dollars) was opened.

PANews reported on March 26 that according to The Block, Bernstein: Strategy is expected to double its Bitcoin holdings to 1 million. After disclosing the latest data on newly added Bitcoin holdings, Bernstein has rated Strategy as outperforming the market, with a 75% increase in the target price to $600. In addition, Bernstein analysts expect Bitcoin to reach a cyclical peak of around $200,000 by the end of 2025, $500,000 by the end of 2029, and $1 million by the end of 2033, with intermittent one-year bear markets during this period.

PANews reported on March 26 that according to The Block, Bloomberg analyst James Seyffart said that the XRP ETF may be launched in the next few months, and it is likely that the XRP futures ETF will be seen first. Since the US SEC decided to withdraw the Ripple lawsuit, the probability of the XRP ETF being approved in 2025 has increased. In an interview with Bloomberg TV, Ripple CEO Brad Garlinghouse revealed that the XRP ETF may be launched in the second half of 2025. Currently, there are about 11 XRP ETF issuance application documents from different companies waiting for approval from the US Securities and Exchange Commission.

PANews reported on March 26 that according to Arkham monitoring data, the current top three holdings of Binance Alpha Wallet are: mubarak, USDT and Broccoli, specifically: 1. Mubarak holdings are approximately 47.492 million pieces, worth 6.85 million US dollars; 2. USDT holdings are approximately 2.505 million pieces, worth 2.51 million US dollars; 3. Broccoli holdings are approximately 32.494 million pieces, worth 1.7 million US dollars.