This Week's News Preview | The White House Hosts the First Cryptocurrency Summit, Pectra Network Upgrade Launches on Sepolia
Highlights of the week from March 3 to March 9.Organizer: Jerry, ChainCatcher
Key News:
- The U.S. tariff measures against Mexico and Canada will be implemented on March 4;
- Bithumb will terminate withdrawals for 300 Feet Network (FIT) on March 4;
- Solayer plans to open LAYER token airdrop claims until March 4;
- Binance will launch 6 USDC perpetual contracts including KAITO and IP from March 5 to 7, supporting up to 25x leverage;
- Ethereum Foundation: The Pectra network upgrade is scheduled to go live on Sepolia on March 5;
- The White House will host the first cryptocurrency summit on March 7;
- Mint plans to open airdrop claims on March 7;
- Japan's SBI Group will complete the integration of DMM Bitcoin customer accounts and assets by March 8.
March 4 (Tuesday)
The U.S. tariff measures against Mexico and Canada will be implemented on March 4
U.S. President Trump announced that the tariff measures against Mexico and Canada will be implemented on March 4.
Bithumb will terminate withdrawals for 300 Feet Network (FIT) on March 4
According to an official announcement, Bithumb has announced the delisting of 300 Feet Network (FIT) as part of its investor protection trading support policy, with trading support expected to end on January 30 next year and withdrawals on March 4 next year.
Solayer plans to open LAYER token airdrop claims until March 4
According to official news, the Solayer Foundation announced that the LAYER airdrop claims opened on February 11 at 20:00 and will last for 30 days, ending on March 4, 2025, at 20:00.
The claim window for early and eligible community members will see the LAYER tokens from the Genesis Drop unlocked immediately upon launch, with subsequent LAYER tokens available for claim in cycles over the next 6 months.
Users who do not initiate claims during this period will lose their tokens, and unclaimed LAYER will be reallocated for future airdrops. The official also stated that a hardware-accelerated SVM blockchain, InfiniSVM, will be launched later this year with testnet and mainnet, along with more community incentive programs.
March 5 (Wednesday)
Binance's contract platform will launch perpetual contracts at the following times:
- March 5, 2025, 18:00 (UTC+8): KAITOUSDC perpetual contract, with a maximum leverage of 25x
- March 5, 2025, 18:15 (UTC+8): IPUSDC perpetual contract, with a maximum leverage of 25x
- March 6, 2025, 18:00 (UTC+8): TRUMPUSDC perpetual contract, with a maximum leverage of 25x
- March 6, 2025, 18:15 (UTC+8): ADAUSDC perpetual contract, with a maximum leverage of 25x
- March 7, 2025, 18:00 (UTC+8): PNUTUSDC perpetual contract, with a maximum leverage of 25x
- March 7, 2025, 18:15 (UTC+8): HBARUSDC perpetual contract, with a maximum leverage of 25x
Ethereum Foundation: The Pectra network upgrade is scheduled to go live on Sepolia on March 5
Galaxy Research Vice President Christine Kim summarized the 205th Ethereum Core Developer Execution (ACDE) call, where developers expect that if the public testnet upgrade goes smoothly, Pectra will go live on the Ethereum mainnet around April 8; developers confirmed the timeline for the Ethereum public testnet upgrade, with the team set to release the software activating the Pectra upgrade on Holesky and Sepolia on February 24 and March 5, respectively; developers then discussed Beiko's proposal to lock the scope of the next Ethereum upgrade, Fusaka, before Pectra goes live on the Ethereum mainnet.
March 7 (Friday)
The White House will host the first cryptocurrency summit on March 7
According to DEGEN NEWS, the White House will host the first cryptocurrency summit on March 7.
Mint plans to open airdrop claims on March 7
The Ethereum L2 network Mint Blockchain has opened airdrop queries, with claims opening at 14:00 Beijing time on March 7.
There are 391,185 eligible addresses, and the deadline for airdrop claims is August 1, 2025.
March 8 (Saturday)
Japan's SBI Group will complete the integration of DMM Bitcoin customer accounts and assets by March 8
SBI Holdings' cryptocurrency exchange SBI VC Trade announced that it has signed an agreement with DMM Bitcoin regarding the transfer of customer accounts and custodial assets, with the transfer planned for March 8, 2025, at which point all DMM Bitcoin customers will be integrated into SBI VC Trade.
During the transfer process, customers will not need to open new accounts, as SBI VC Trade will handle everything uniformly. The transfer will include all customers who had accounts at DMM Bitcoin as of March 4, along with their yen and spot cryptocurrency assets.
