PA Daily News | Ethereum Foundation pledges $46.2 million worth of ETH; All 11 co-founders of Musk's AI company have resigned.

Today's top news highlights:

The World Data Organization was established in Beijing and officially put into operation.

Binance will list BASEDUSDT perpetual contracts.

CoinList will support OneFootball's TGE token offering on April 9th.

BlackRock is hiring a Managing Director for Digital Assets to lead its cryptocurrency, stablecoin, and tokenization strategy.

CoinShares: Digital asset investment products saw a net outflow of $414 million last week, the first net outflow in five weeks.

The Ethereum Foundation just staked $46.2 million worth of ETH.

The number of forecast market transactions in March reached a record high of 191 million, representing a year-on-year increase of 2838%.

SUI, EIGEN, OPN and other tokens will see a large unlock next week, with SUI unlocking value estimated at approximately $37.2 million.

Regulation & Macro

The World Data Organization was established in Beijing and officially put into operation.

According to Xinhua News Agency, the World Data Organization (WDO) held its first general meeting in Beijing, approving its bylaws and electing its first board of directors and supervisors. The newly elected board then held its first meeting, electing the organization's leadership and approving key organizational rules and regulations, marking the completion of the WDO's establishment and its official commencement of operations. This is the world's first professional international organization dedicated to promoting data development and governance practices, headquartered in Beijing.

Trump: If Iran charges tolls in the Strait of Hormuz, the US will take swift action.

According to Al Jazeera, when asked about Iran's plan to collect tolls in the Strait of Hormuz, US President Trump said, "I'd have to confirm if that's true, but the United States can very quickly stop this. We can do it in two minutes. We can do it so fast you'll get dizzy." He stated that Saudi Arabia, Qatar, the UAE, and Bahrain are retaliating against Iran. "I was very surprised that they were attacked. But once attacked, their retaliation was very good. We have very strong communication, but people from all these countries say they've been fighting."

Project Updates

Binance will list BASEDUSDT perpetual contracts.

Binance Futures will launch USDⓈ-margined BASEDUSDT perpetual contracts on March 30, 2026 at 18:15 (UTC+8), supporting leverage up to 50x. The underlying asset of the contract is BASED.

Doubao has been integrated with Douyin e-commerce and is internally testing AI shopping.

According to the Science and Technology Innovation Board Daily, ByteDance's Doubao app has integrated with Douyin's e-commerce platform, allowing users to order and pay directly within the Doubao app without being redirected to Douyin. This feature is currently in internal testing.

Binance Alpha will launch R2 token trading today at 18:00, with an airdrop threshold of 252 points.

According to the official announcement, Binance Alpha will launch R2 Protocol (R2) trading on March 30, 2026 at 18:00 (UTC+8). Users with at least 252 Binance Alpha Points can receive an airdrop of 750 R2 tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the points threshold will automatically decrease by 5 every 5 minutes. Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise they will be considered to have forfeited their claim.

Research: Tokyo-based Hyperliquid traders enjoy a 200-millisecond speed advantage over their counterparts in Europe and America.

According to CoinDesk, Glassnode research shows that Hyperliquid's validator cluster is located in the Tokyo region of Amazon Web Services. Traders in the Tokyo region experience order round-trip times approximately 200 milliseconds faster than participants in Europe and the Americas, resulting in better queue positions and execution quality. Hyperliquid's 24 validators are all deployed in Tokyo, with the API layer routed through AWS CloudFront, but the validators are concentrated in a single cloud region in Japan. This gives traders closer to the infrastructure a significant advantage in the time-ordering system.

Research data shows that the median round-trip time from order placement to confirmation at the AWS Tokyo node is approximately 884 milliseconds, with only 5 milliseconds dedicated to network transmission and the remainder to server processing time; while from the Ashburn, Virginia node, it rises to approximately 1079 milliseconds. Unlike traditional financial markets that eliminate geographical advantages through measures such as equalizing cable lengths and speed bumps, decentralized markets lack similar safeguards. As institutional capital enters DeFi, a competitive landscape where speed determines transaction priority is emerging.

Linea announces it will switch to the RISC-V architecture to optimize performance.

According to official news, the Ethereum Layer 2 project Linea has announced its switch to the RISC-V architecture. For the previous three years, Linea had been using a direct arithmetic implementation of the EVM. While it had launched on the mainnet and become an industry benchmark, each Ethereum hard fork required rewriting the constraint module, forcing the development team to expend considerable effort on complexity. After switching to RISC-V, the instruction set has been reduced from the complexity of the EVM to approximately 40 instructions, proving machines start up faster, and Type-1 compatibility has been achieved from day one.

Linea stated that the Ethereum Foundation is working on RISC-V, which clarifies the direction of Ethereum's proof layer development. Linea will retain its constraint language zkC, proof aggregation stacks Vortex and Arcane, and formal verification capabilities, while gaining advantages such as a truly modular, community-auditable stack and zero critical third-party dependencies.

CoinList will support OneFootball's TGE token offering on April 9th.

CoinList tweeted that it will support OneFootball's OFC token TGE on April 9, with tokens distributed to non-custodial CoinList wallets of the sale participants.

BlackRock is hiring a Managing Director for Digital Assets to lead its cryptocurrency, stablecoin, and tokenization strategy.

Frank Chaparro, Head of Content and Special Projects at GSR, disclosed on the X platform that BlackRock is hiring a Managing Director of Digital Assets in New York to lead cryptocurrency, stablecoin, and tokenization strategies, drive company-wide execution, and manage key client relationships. The base salary for this position is $270,000 to $350,000 per year, plus bonuses.

All 11 co-founders of Musk's AI company have resigned.

According to CLS News Agency, with Ross Nordeen's departure last Friday, all 11 co-founders of the AI ​​startup xAI, which he co-founded with Elon Musk, have left the company. Sources familiar with the matter said that Nordeen, 36, reported directly to Musk at xAI, serving as his right-hand man, coordinating priorities and driving the company's operations. Following xAI's merger with SpaceX in early February, a large number of co-founders left. Musk stated earlier this month, "xAI wasn't built correctly initially, so we're rebuilding from the ground up."

Opinions & Analysis

Professor at the Central Party School: Cryptocurrencies are reshaping the international monetary system; proposes a "dual-engine" Chinese solution.

According to the WeChat official account of the China Party and Government Cadres Forum, Professor Chen Jianqi, Vice President of the Institute of International Strategy at the Central Party School (National Academy of Governance), pointed out in an article that in the wave of digital technology reshaping the financial system, cryptocurrencies have evolved from peripheral innovations into a key area of ​​strategic competition among major powers. The rapid development of cryptocurrencies currently provides a new opportunity for the restructuring of the international monetary system. Against the backdrop of the accelerating evolution of the global cryptocurrency landscape, China is implementing a dual-engine development strategy for cryptocurrencies: on the one hand, leveraging Hong Kong's international financial center to conduct stablecoin pilot programs and connect with the international ecosystem; on the other hand, achieving independent innovation through the digital yuan.

BlackRock discloses CEO Larry Fink's compensation will increase to $37.7 million by 2025.

BlackRock disclosed that its CEO Larry Fink's total compensation in 2025 will increase by 22% year-on-year to $37.7 million. During the same period, the company's assets under management (AUM) will reach a new high of $14 trillion.

Analysts predict that if geopolitical conflicts escalate further, Bitcoin may test the $60,000 support level.

According to The Block, due to the ongoing US-Iran conflict, the price of Bitcoin has fallen from around $71,000 last week to around $67,000, briefly dipping to $65,000 on Saturday. Rachael Lucas, a crypto analyst at BTC Markets, stated that Bitcoin briefly reached $72,000 this week on hopes of a diplomatic breakthrough in the Middle East, but as those hopes faded and concerns about oil supply resurfaced, the price gave back its gains. She pointed out that the situation in the Strait of Hormuz exacerbates inflation concerns, making it difficult for the Federal Reserve to cut interest rates, thus putting pressure on crypto prices. Jeff Mei, COO of BTSE, stated that oil and gas prices will remain high in the short term and drag down economic growth, therefore crypto prices still have room to fall, and Bitcoin may drop to the $60,000 support level.

Andri Fauzan Adziima, Head of Research at Bitrue, believes the market will remain volatile and news-driven. If the US-Iran conflict escalates, Bitcoin could fall to $60,000; if the situation eases and oil prices fall, it could rebound above $70,000. BTC Markets analyst Lucas also points out that retail investors are currently panicked, mostly adopting a wait-and-see or hedging approach, while institutional investors are moving in the opposite direction. US spot Bitcoin ETFs saw inflows of over $1.13 billion this month, ending four consecutive months of net outflows; Strategy continues to increase its holdings, and Morgan Stanley is about to launch a low-fee Bitcoin ETF. She stated that when there is a clear divergence between retail panic and institutional accumulation, historical experience shows that institutional judgments are often more accurate.

Important data

CoinShares: Digital asset investment products saw a net outflow of $414 million last week, the first net outflow in five weeks.

According to CoinShares' latest weekly report, digital asset investment products saw their first net outflow in five weeks, amounting to approximately $414 million. This decline was attributed to the protracted conflict in Iran and rising market expectations for a June rate hike by the Federal Reserve, bringing total assets under management down to around $12.9 billion. Regionally, the US saw a net outflow of $445 million, becoming the primary seller; Germany and Canada, on the other hand, recorded net inflows of $21.2 million and $15.9 million, respectively. By asset class, Ethereum was dragged down by news related to the Clarity Act, experiencing a weekly outflow of $222 million, bringing its year-to-date net outflow to $273 million, making it the worst-performing asset. Bitcoin saw an outflow of $194 million, but still maintained a year-to-date net inflow of $964 million. Shorting Bitcoin products received another $4 million in inflows, Solana saw an outflow of $12.3 million, while XRP bucked the trend, recording a net inflow of $15.8 million.

A whale deposited 1,102 BTC into Binance and is expected to lose $55.6 million.

According to Onchain Lens, a whale deposited 1,102 BTC ($74.21 million) into Binance today. These Bitcoins were accumulated by the whale eight months ago at a price of $117,770, resulting in a loss of $55.6 million (-43%).

The Ethereum Foundation just staked $46.2 million worth of ETH.

According to Arkham, the Ethereum Foundation has just staked $46.2 million worth of ETH, the largest amount of ETH it has ever staked.

The number of forecast market transactions in March reached a record high of 191 million, representing a year-on-year increase of 2838%.

Driven by geopolitical betting and mainstream media coverage, the forecast market saw a 2,838% year-on-year increase in trading volume in March, reaching 191 million transactions, a record high.

SUI, EIGEN, OPN and other tokens will see a large unlock next week, with SUI unlocking value estimated at approximately $37.2 million.

According to Token Unlocks data, tokens such as SUI, EIGEN, and OPN will see large-scale unlocks next week. Specifically: Zora (ZORA) will unlock approximately 167 million tokens at 8:00 AM Beijing time on March 30th, representing about 3.70% of its circulating supply, worth approximately $2.5 million; Kamino (KMNO) will unlock approximately 229 million tokens at 8:00 PM Beijing time on March 30th, representing about 3.37% of its circulating supply, worth approximately $4 million; Optimism (OP) will unlock approximately 31.34 million tokens at 8:00 AM Beijing time on March 31st, representing about 1.55% of its circulating supply, worth approximately $3.2 million; Sui (SUI) will unlock approximately 42.94 million tokens at 8:00 AM Beijing time on April 1st, representing about 1.10% of its circulating supply, worth approximately $37.2 million; and EigenCloud (EIGEN) will also unlock. The following tokens will be unlocked: ZetaChain (ZETA) will unlock approximately 36.82 million tokens at 12:00 PM Beijing time on April 1st, representing about 7.54% of the circulating supply, worth approximately $6.3 million; ZetaChain (ZETA) will unlock approximately 44.26 million tokens at 8:00 AM Beijing time on April 1st, representing about 3.37% of the circulating supply, worth approximately $2.2 million; Ethena (ENA) will unlock approximately 40.63 million tokens at 8:00 AM Beijing time on April 2nd, representing about 0.52% of the circulating supply, worth approximately $3.7 million; and Opinion (OPN) will unlock approximately 32.09 million tokens at 8:00 PM Beijing time on April 5th, representing about 13.91% of the circulating supply, worth approximately $6.1 million.