Must-watch next week｜SEC nominee chairman to testify in the Senate; Berachain to activate PoL (3.24-3.30)

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Next weeks highlights

Others (specific time undetermined)

GMGN Lianchuang: The full amount of BNB Chain token data will be launched next week, and the copy trading function will be launched within two weeks ;

From March 24 to March 30, more noteworthy events in the industry are previewed as follows.

March 24

Berachain Foundation: PoL will be launched on March 24, and governance will enter the first phase

Odaily Planet Daily News: The Berachain Foundation announced that PoL (Proof of Liquidity) will be officially launched on March 24, governance will enter the first phase, the incentive mechanism will take effect, and the new reward pool will be discharged.

This change means that BGT holders will have more control and profit opportunities, will determine the direction of incentives, and support the allocation of incentives for users, applications, and validators.

March 25

Taproot Wizards will be available for sale on March 25, with a whitelist price of 0.2 BTC

Odaily Planet Daily reported that Taproot Wizards Bitcoin Ordinals collection will go on sale on March 25. The collection contains 2,121 Wizard NFTs, inspired by the Bitcoin wizard meme that appeared on Reddit in 2013. The sale of the collection is divided into two stages: first, Wizard NFTs will be sold to people on the whitelist at a price of 0.2 BTC, and then the public can mint NFTs through a Dutch auction, with a starting price higher than 0.2 BTC.

March 26

Celo: Mainnet upgraded to Ethereum L2 on March 26

Odaily Planet Daily News Celo officially announced that it will officially activate the Ethereum L2 mainnet at 11:00 (Beijing time) on March 26, 2025, with a hard fork block height of 31057000. After the upgrade, the block time will be shortened from 5 seconds to 1 second, while retaining the complete on-chain history to ensure network transparency. In addition, this upgrade reduces 365,000 lines of code, reduces the technical burden, and supports trustless upgrades, making node operations more efficient.

March 27

Trumps nominee for SEC chairman, Paul Atkins, will face Senate confirmation hearing on March 27

Odaily Planet Daily reported that Paul Atkins, the nominee for chairman of the U.S. Securities and Exchange Commission (SEC), will attend the Senate Banking Committee confirmation hearing on March 27. If approved, the full Senate will hold a final vote.

Atkins, a former SEC commissioner and supporter of digital assets, previously founded a financial compliance consulting firm in Washington. He is expected to continue the pro-crypto regulatory stance promoted by the Trump administration, succeeding former SEC Chairman Gary Gensler, who was criticized for his enforcement-style regulation of the crypto industry.

Also attending the hearing on the same day was Jonathan Gould, the nominee for Director of the Office of the Comptroller of the Currency (OCC). The agency is responsible for supervising U.S. national banks and is crucial to crypto companies efforts to gain bank access and regulate the issuance of stablecoins. In addition, the Senate will also consider Luke Pettits nomination as Assistant Secretary of the Treasury. (CoinDesk)

Consumer-grade public chain Morph launches Morph Pay NFT, a black gold card benefit, which will be open for minting from March 27

According to official news from Odaily Planet Daily, the consumer-grade public chain Morph has officially launched the Morph Black Card. The Morph Black Card and its high-end benefits will be obtained through limited Morph Pay NFT sales. The limited sale of Morph Pay NFT will officially start on March 27.

Grass Foundation: GRASS Airdrop One application will close on March 27

Odaily Planet Daily News: Grass Foundation announced on X Platform that the claim period for GRASS Airdrop One has been extended. The extended claim period is scheduled to end at block 329341917, which is expected to end on March 27, 2025. To qualify for Airdrop One, you need to obtain 500+ Grass Points and link your wallet on the Grass dashboard before 20:00 UTC on October 14, 2024.

March 28

Deribit: Traders focus on XRP options trading expiring on March 28, with ITM call options currently leading in terms of open interest

Odaily Planet Daily News: As the U.S. Securities and Exchange Commission withdrew its appeal against Ripple, the market value of XRP once surpassed Tether. Currently, the price of XRP remains stable in the $2.4 range. Deribit options data shows that traders are paying close attention to and actively participating in options transactions expiring on March 28, among which the number of open contracts of ITM call options ranks first.

WazirX: Will vote on proposed restructuring plan between March 19 and March 28

Odaily Planet Daily News: Indian crypto exchange WazirX posted on the X platform that the next key step is to vote on the proposed restructuring plan. Voting period: scheduled to be held from March 19 to March 28, 2025. Distribution after asset rebalancing: After the rebalancing is completed, if the majority of creditors vote in favor, approximately 85% of their account balances (value as of 1 pm Indian Standard Time on July 18, 2024) will be distributed to the scheme creditors within 10 business days after the restructuring plan takes effect.

March 29

None

March 30

IRISnet plans to upgrade to Mainnet 4.0 on March 30, introducing cross-chain NFT functionality

Odaily Planet Daily News: The IRISnet team announced that it plans to upgrade the mainnet to version 4.0 on March 30, 2025. This upgrade will introduce cross-chain NFT functionality, enhance cross-chain interoperability, and optimize network performance. Validators and node operators need to prepare before the upgrade to ensure a smooth transition of the network.

Others (specific time undetermined)

GMGN Lianchuang: BNB Chain token full data will be launched next week, and the copy trading function will be launched within two weeks

Odaily Planet Daily News GMGN co-founder @haze 0x posted on social media that “GMGN mobile terminal already supports Android devices, supports BNB Chain and Solana networks, but does not support iOS devices yet.

For security reasons, GMGN does not support exporting private keys at present. However, transfers and withdrawals are possible. TRON network withdrawals will be available next Tuesday.

The full data of tokens on BNB Chain will be available next week, and the copy trading function on BNB Chain will be launched within two weeks.

This article is sourced from the internet: Must-watch next week｜SEC nominee chairman to testify in the Senate; Berachain to activate PoL (3.24-3.30)

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