Movement mainnet may launch on March 10

According to Movement's official X account, the official promotional video has been released, seemingly hinting that the Movement mainnet will launch on March 10.

Organizer: Jerry, ChainCatcher

Key News:

March 10 (Monday)

Movement mainnet may launch on March 10

According to Movement’s official X account, the official promotional video has been released, seemingly hinting that the Movement mainnet will launch on March 10.

In the video, the characters in the promotional material are preparing to set sail on a ship, symbolizing the upcoming launch of Movement mainnet. The promotional material also mentions March 10, which may indicate the launch date.

Previously, Movement announced that its mainnet will launch in the first quarter of 2025.

PancakeSwap: Simple staking product will close on March 10, 2025, users need to withdraw funds in time

PancakeSwap stated on the X platform that its simple staking product will go offline at 08:00 Beijing time on March 10, 2025.

PancakeSwap claims this is part of its ongoing efforts to simplify products and focus on providing more sustainable and impactful products for the community.

From the above time, the simple staking product will be closed, and users are advised to withdraw their funds in time. After the closure, only the advanced staking product will remain available.

U.S. Congressman Nick Begich: Working with Cynthia Lummis on a "major" Bitcoin-related plan, details to be announced next Tuesday

U.S. Congressman Nick Begich posted on X: "It’s time for America to become the first Bitcoin superpower."

Begich stated that he is collaborating with Wyoming Senator Cynthia Lummis (the proposer of the "Bitcoin Strategic Reserve Act" and chair of the Senate Banking Committee's Digital Assets Subcommittee) on a "major" Bitcoin-related plan, hinting that details will be announced next Tuesday.

Lummis previously proposed the "Bitcoin Strategic Reserve Act" in December 2023, aiming to grant the U.S. Treasury the authority to acquire up to 100,000 Bitcoins per year for the federal government's strategic reserve.

The bill also proposes that the U.S. maintain its macroeconomic stability by investing in Bitcoin, in contrast to China's large-scale purchase of U.S. government bonds to support its currency during the 2008 financial crisis.

Bubblemaps: Platform token BMT will launch on March 11

On-chain data visualization platform Bubblemaps announced that it will launch its platform token BMT on March 11.

According to the announcement, BMT is a multi-chain governance and utility token, serving as the core protocol layer of the Bubblemaps ecosystem. It will be used for on-chain governance voting, parameter adjustment, and various functions within the ecosystem.

Moreover, BMT will be closely integrated with the platform's data products, enabling users to enjoy unique data analysis and visualization experiences.

SBI's crypto exchange SBI VC Trade will launch stablecoin "USDC" service on March 12

Japan's financial giant SBI Group's crypto exchange SBI VC Trade announced on March 4 that it has completed the registration as the first "electronic payment method and transaction practitioner" related to stablecoin trading in Japan. After obtaining approval, the company will start processing the stablecoin "USDC" issued by U.S. Circle on March 12.

However, this feature will currently be in a testing phase, with circulation limited to within the group.

With this latest approval, SBI VC Trade now holds three licenses: cryptocurrency exchange business, Type I financial instruments business, and electronic payment tool transaction business.

Modular blockchain network Hemi will launch its mainnet on March 12

The modular blockchain network Hemi will officially launch its mainnet on March 12, 2025, aiming to unify Bitcoin and Ethereum into a super network.

Hemi is a modular blockchain network focusing on interoperability and aims to connect the Bitcoin and Ethereum ecosystems. It adopts a modular design, allowing for greater flexibility and adaptability in deploying different types of chains.

According to Web3 asset data platform RootData, Hemi Labs completed a $15 million funding round last September, led by Binance Labs, Breyer Capital, and Big Brain Holdings.

Lombard Finance will launch its Bitcoin liquid staking token LBTC on the Sui blockchain on March 12

Lombard Finance announced that its Bitcoin-based liquid staking token LBTC will launch on the Sui blockchain, marking its first expansion to a non-Ethereum Virtual Machine (EVM) compatible chain.

This expansion will extend LBTC beyond the current blockchains it uses, including Ethereum, Base, and BNB Chain, aiming to use Bitcoin as collateral for decentralized finance (DeFi) applications.

Coinbase International will launch VVV, COOKIE, and BIO perpetual contracts on March 13

According to the official announcement, Coinbase will launch perpetual futures contracts for Venice Token