Must Watch Next Week | SEC Nominee Chair to Attend Senate Hearing; Berachain to Activate PoL (3.24-3.30)

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3 days ago

Next Week's Key Focus | SEC Nominee Chair to Attend Senate Hearing; Berachain to Activate PoL (3.24-3.30)

Next Week's Key Preview

March 24

Berachain Foundation: PoL will go live on March 24, governance enters the first phase

March 25

Taproot Wizards' Bitcoin Ordinals collection will go on sale on March 25, whitelist price 0.2 BTC

March 27

Trump's SEC Chair nominee Paul Atkins will attend Senate hearing on March 27

Others (specific time not yet determined)

GMGN Co-founder: Full data for BNB Chain tokens will go live next week, follow-up trading feature will be launched in two weeks

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

March 24

Berachain Foundation: PoL will go live on March 24, governance enters the first phase

Odaily Planet Daily reports that the Berachain Foundation announced that PoL (Proof of Liquidity) will officially launch on March 24, entering the first phase of governance, and the incentive mechanism will begin to take effect, with a new reward pool being released.

This change means that BGT holders will have more control and profit opportunities, deciding the flow of incentives and supporting the distribution of incentives for users, applications, and validators.

March 25

Taproot Wizards will go on sale on March 25, whitelist price 0.2 BTC

Odaily Planet Daily reports that Taproot Wizards' Bitcoin Ordinals collection will go on sale on March 25, featuring 2121 Wizard NFTs inspired by the Bitcoin wizard meme that appeared on Reddit in 2013. The sale of this collection will be divided into two phases: first, Wizard NFTs will be sold to those on the whitelist at a price of 0.2 BTC, followed by a public minting through a Dutch auction, starting at a price above 0.2 BTC.

March 26

Celo: Mainnet upgrade to Ethereum L2 on March 26

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

March 27

Trump's SEC Chair nominee Paul Atkins will attend Senate hearing on March 27

Odaily Planet Daily reports that Paul Atkins, the nominee for chair 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 conduct 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 Chair Gary Gensler, who faced criticism for his "enforcement-style regulation" of the crypto industry.

Also testifying on the same day will be Jonathan Gould, the nominee for the Office of the Comptroller of the Currency (OCC), which is crucial for regulating bank access for crypto companies and stablecoin issuance. Additionally, the Senate will also review the nomination of Luke Pettit for Assistant Secretary of the Treasury. (CoinDesk)

Consumer-grade public chain Morph launches Morph Pay NFT for Black Card benefits, minting opens on March 27

Odaily Planet Daily reports that according to official news, the consumer-grade public chain Morph has officially launched the Morph Black Card, and its premium benefits will be available through the limited Morph Pay NFT sale. The limited sale of Morph Pay NFT will officially start on March 27.

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

Odaily Planet Daily reports that the Grass Foundation announced on platform X that the claim period for GRASS Airdrop One has been extended, with the extended claim period expected to end at block 329341917, anticipated to conclude on March 27, 2025. To qualify for Airdrop One, one must obtain 500+ Grass Points and link their wallet on the Grass dashboard before 20:00 UTC on October 14, 2024.

March 28

Deribit: Traders focus on XRP options expiring on March 28, with the highest number of open contracts for ITM call options

Odaily Planet Daily reports that as the SEC withdraws its appeal against Ripple, XRP's market cap briefly surpassed Tether, with the current XRP price stabilizing in the $2.4 range. Deribit options data shows that traders are closely monitoring and actively participating in options trading expiring on March 28, with the highest number of open contracts for ITM call options.

WazirX: Voting on proposed restructuring plan from March 19 to March 28

Odaily Planet Daily reports that Indian crypto exchange WazirX stated on platform X that the next key step is to vote on the proposed restructuring plan. Voting period: planned for March 19 to March 28, 2025. After asset rebalancing, if the majority of creditors vote in favor, approximately 85% of the account balance will be distributed to the plan creditors within 10 working days after the restructuring plan takes effect (valued as of 13:00 Indian Standard Time on July 18, 2024).

March 29

None

March 30

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

Odaily Planet Daily reports that the IRISnet team announced 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 for the network.

Others (specific time not yet determined)

GMGN Co-founder: Full data for BNB Chain tokens will go live next week, follow-up trading feature will be launched in two weeks

Odaily Planet Daily reports that GMGN co-founder @haze0x stated on social media, "The GMGN mobile app now supports Android devices, supporting BNB Chain and Solana networks, but does not yet support iOS devices.

For security reasons, GMGN currently does not support exporting private keys. However, transfers and withdrawals are possible. Withdrawals for the Tron network will open next Tuesday.

Full data for tokens on the BNB Chain will go live next week, and the follow-up trading feature on the BNB Chain will be launched in two weeks."

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