Project Progress

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Gate Daily Report (March 31): A Senator First Introduces the “US Mining Bill”; Bitmine Re-stakes 167,000 ETH

Bitcoin briefly rebounded to $67,660. A U.S. senator proposed the “American Mining Act” to establish a strategic Bitcoin reserve. Bitmine re-staked 167,500 ETH, bringing its total staked amount to nearly 3.31 million ETH. With market volatility, the S&P 500 and Nasdaq indices fell. Analysts say that short-term market sentiment is sluggish, and rising oil prices have affected BTC prices.
BTC-1.88%
ETH-0.91%
SOL-1.04%
BNB-0.86%
MarketWhisper·03-31 01:36
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Bitdeer clears out its Bitcoin reserves and pivots to AI, signing a deal with Norway’s DCI to build the country’s largest AI data center

Bitcoin mining company Bitdeer announced that it has reached an agreement with a Norwegian contractor to retrofit existing facilities into Norway’s largest AI data center, supporting NVIDIA’s AI technology. At the same time, Bitdeer is clearing its Bitcoin reserves and plans to raise $300 million by issuing convertible preferred notes to advance the transformation of high-performance computing and AI infrastructure.
BTC-1.88%
GateNews·03-31 00:46

River, the abstract stablecoin protocol on the chain, expands to the Base network.

The River abstract stablecoin protocol has expanded to the Base network, after previously being available on Ethereum and BNB Chain. Base is the leading L2 network on Ethereum by activity, with DeFi TVL exceeding $4 billion, a stablecoin market cap of $4.7 billion, and nearly 500,000 daily active addresses. Users can hold and use River within its ecosystem.
RIVER-1.87%
GateNews·03-31 00:01

Bitdeer will build the largest AI data center in Norway, supporting NVIDIA Vera Rubin technology

Bitdeer’s Tydal Data Center under its umbrella has reached a retrofit agreement with a Norwegian contractor, converting the facilities to support NVIDIA’s AI technology. This move is at the core of Bitdeer’s global strategy, aimed at meeting the growth in demand for AI data centers. Meanwhile, Bitdeer has cleared its Bitcoin reserves and plans to raise $300 million.
BTC-1.88%
GateNews·03-30 15:00

Chain Abstraction’s stablecoin system River announces expansion to the Base network

River, an on-chain abstracted stablecoin system, announced on March 30 that it will expand to the Base network. Previously, it had been deployed on Ethereum and BNB Chain. River said Base is the Ethereum L2 platform with the strongest liquidity, and that data shows its total value locked in DeFi exceeds $4 billion, with a stablecoin market cap of $4.7 billion and nearly 500,000 daily active addresses. This expansion will allow Base users to natively hold and use River.
RIVER-1.87%
ETH-0.91%
BNB-0.86%
GateNews·03-30 14:53

Cardano’s privacy-focused chain Midnight officially goes live, receiving a $200 million investment from Charles Hoskinson

Cardano’s privacy-focused blockchain Midnight went live on March 24, aiming to address shortcomings in privacy across the crypto industry, complicated operations, and a lack of compliance. The project was backed with a $200 million investment by founder Charles Hoskinson, helping users securely and conveniently use the blockchain.
ADA0.93%
GateNews·03-30 14:16

Leverage trading platform OmenX completes a seed round funding totaling several million dollars

OmenX announces the completion of a multi-million-dollar seed round, with participation from multiple institutions. The platform turns real-world events into tradable markets, introducing a leveraged perpetual futures contract mechanism to improve capital efficiency and risk hedging capabilities. The testnet is already live—users can participate in the points system to test platform features, in preparation for the mainnet launch.
GateNews·03-30 14:15

Lido DAO proposes to buy back $20 million worth of LDO to help support the price after a 95% drop

Lido DAO proposes to buy back LDO worth $20 million to support the price after a 95% drop Prolonged selling pressure has caused the governance tokens of many DeFi protocols to fall into significantly thinner liquidity, forcing decentralized autonomous organizations to seek more decisive intervention solutions to stabilize the market
LDO-3.21%
STETH-0.64%
TapChiBitcoin·03-30 13:36

US Traditional Exchange “On-Chain 3-Part Refrain”: Tokenization Is Reshaping Collateral, Trading, and Margin

Author: Jae, PANews When Bitcoin is still sitting uncertainly around the $70,000 mark, Wall Street—the global financial heart—has completed three resonances within 48 hours. Three giants controlling the flow of global capital—NYSE, Nasdaq, and CME Group—have successively announced upgraded plans for business tokenization. Nasdaq is developing a tokenized collateral management solution, the NYSE and Securitize are collaborating to develop a tokenized securities platform, and CME Group has rolled out institutional “tokenized cash” settlement services. With the three top exchanges moving on three fronts at once, and leveraging blockchain technology, they have carried out a deep overhaul of the world’s liquidity “pipeline.” When traditional Wall Street incumbents actively embrace tokenization, the rules of the global capital markets game are being rewritten. Goodbye to T+1, Nasdaq uses tokenization to put $35 billion in collateral to work $35 billion—this is what Nasdaq estimates is “sleeping” in global fi
RWA-1.63%
区块客·03-30 12:17