Daily Report | Binance will list Nillion (NIL) and open trading pairs; Trump will attend the New York Digital Assets Summit and give a speech this Thursday
March 20 News OverviewOrganizer: Jerry, ChainCatcher
Important News:
- Binance will list Nillion (NIL) and open trading pairs
- Trump will attend the New York Digital Assets Summit and give a speech this Thursday
- Binance Wallet will launch Bedrock TGE on PancakeSwap, with a subscription limit of 3 BNB
- "Hyperliquid 50x Whales" achieved a 164% profit through BTC long and short trading strategies around the Fed's interest rate decision
- Binance: The voting mechanism will give the community a greater voice, aligning the interests of users and the platform
- Uniswap community votes on two proposals to allocate $165.5 million to the foundation to incentivize ecological development
"What important events happened in the past 24 hours"
Binance will list Nillion (NIL) and open trading pairs
Binance announced that it will launch its 65th project, Nillion (NIL), on the Launchpool platform. Nillion is a decentralized network that utilizes blind computing technology for secure data processing and storage while protecting privacy.
According to the announcement, users can lock BNB, FDUSD, and USDC to participate in a three-day mining event starting from March 21, 2025, 00:00 (UTC), to receive NIL token airdrops. The Launchpool webpage is expected to go live within 12 hours after the announcement.
The NIL token will be listed on Binance on March 24, 2025, at 13:00 (UTC), with trading pairs NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, and NIL/TRY. The token will be tagged as Seed Tag.
Trump will attend the New York Digital Assets Summit and give a speech this Thursday
According to Blockworks, U.S. President Trump will deliver a speech at the New York Digital Assets Summit (DAS) on March 20, local time, marking the first time a sitting president has spoken at a cryptocurrency industry conference. Previously, Bo Hines, executive director of the White House Presidential Advisory Council on Digital Assets, stated that the Trump administration plans to establish a strategic Bitcoin reserve to actively accumulate Bitcoin "to build assets for the American people."
The conference will also attract several political and industry leaders, including Congressman Ro Khanna, Tom Emmer, MicroStrategy CEO Michael Saylor, and Ripple CEO Brad Garlinghouse. Trump's speech will be broadcast live on X and YouTube.
Binance Wallet will launch Bedrock TGE on PancakeSwap, with a subscription limit of 3 BNB
Binance Wallet will collaborate with PancakeSwap to host an exclusive token generation event for the multi-asset liquid staking protocol Bedrock.
- Start date: March 20, 2025, 10:00 AM (UTC);
- End date: March 20, 2025, 12:00 PM (UTC);
- Total fundraising amount: $1.25 million (in BNB);
- Available tokens: 50,000,000 (5% of total supply);
- Accepted tokens: BNB;
- Price per token: $0.025 (in BNB);
- Subscription limit per Binance Wallet user: 3 BNB;
Bedrock is a multi-asset liquid re-staking protocol that enables Bitcoin staking through uniBTC. uniBTC allows holders to earn rewards while maintaining liquidity, unlocking new earning opportunities for Bitcoin's $1 trillion market cap.
According to on-chain analyst Yu Jin's monitoring, the "Hyperliquid 50x Whales" made frantic trades around the Fed's interest rate announcement, turning 690,000 USDC into 1.826 million USDC within three hours, achieving a profit of 164%.
The specific operations are as follows:
- At 2 AM, the Fed was about to announce the interest rate decision, and he shorted 326 BTC (worth $27.6 million) at a price of $84,566, then closed the short at $83,927 just before the announcement (1:48), making a profit of $215,000;
- When the interest rate was announced at 2 PM, he immediately shorted 256 BTC (worth $21.6 million) at $84,404 and quickly closed at $83,906 six minutes later, making a profit of $250,000;
- After closing the short, he immediately went long, opening a long position of 518 BTC (worth $43.8 million) at $84,500 at 2:10, and then closed at $85,700 at 2:59, making a profit of $620,000;
- After closing the long, he immediately shorted again: at 3:00, he shorted 384 BTC (worth $32.9 million) at $85,666 and closed two minutes later at $85,146, making a profit of $106,000.
Binance co-founder He Yi stated that Binance believes the interests of users and the platform are completely aligned, and sustainable growth can only be achieved through user support. Binance aims to reduce industry fees early, provide better services, establish industry compliance standards, and ensure positive industry development. Meanwhile, the management team always stands at the forefront, prioritizing user needs. Currently, Binance's management team provides customer service at least once a quarter to address issues faced by ordinary users.
Binance officially announced that its first community-driven "voting list" mechanism has been launched. This is believed to give the community a greater voice, while we will continue to ensure that only projects we have conducted due diligence on can be listed. Binance will closely monitor community participation and listen to user feedback.
According to information from the Uniswap governance website, the Uniswap community has passed two proposals through on-chain voting to allocate $165.5 million worth of tokens to the foundation to incentivize ecological development.
One proposal requests a budget allocation of $95.4 million to the Uniswap Foundation over the next two years, and an investment of $25.1 million for operations to improve capital efficiency, activate revenue, and attract active contributors. Another incentive proposal allocates a budget of $45 million to support liquidity incentives.
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Meme Popularity Rankings
According to meme token tracking and analysis platform GMGN, as of March 20, 19:50:
The top five popular Ethereum tokens in the past 24 hours are: DOPE, KEKIUS, SPX, CURATE, UNI
The top five popular Solana tokens in the past 24 hours are: COKE, PIPE, $ROGERS, YODA, Saeed
The top five popular Base tokens in the past 24 hours are: VIRTUAL, Puppy, SKITTEN, Bsop, Cocoro
