ChainCatcher news, Ethereum founder Vitalik Buterin published a long article titled "A simple L2 security and finalization roadmap," which outlines three core directions for optimizing Ethereum L2 security and finality:Expand data capacity: Increase the Blob space to 6 through the Pectra upgrade, and expand it to 72 (or gradually increase to 12-24) in the upcoming Fusaka upgrade at the end of the year, to meet the L2 transaction throughput demands;Implement a hybrid proof system for rapid finality: Use a 2/3 multi-signature mechanism (optimistic proof + ZK proof + TEE trusted hardware proof). If ZK and TEE verify simultaneously, finality is immediate; if only one is verified, it requires a 7-day optimistic challenge period. The security committee can urgently upgrade the proof logic but is subject to a 30-day delay, balancing immediate finality with attack resistance;Build a unified ZK proof aggregation layer: Standardize the proof aggregation protocol across the ecosystem, allowing multiple applications to share the cost of a single proof (e.g., 500,000 Gas), significantly reducing ZK verification overhead and promoting the adoption of L2, privacy protocols, and other scenarios. The goal of this roadmap is to achieve L2 cross-chain bridging finality within 1 hour and reduce costs through short-term hybrid verification mechanisms, while gradually eliminating TEE reliance with a long-term goal of full ZK implementation, ultimately establishing an efficient, secure, and trustless L2 ecosystem.

ChainCatcher news, according to ZeroHedge, U.S. Senator Ted Cruz has proposed a bill to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC).The Texas Republican senator's bill can be seen as a companion bill to the anti-CBDC legislation introduced by Minnesota Republican Representative Tom Emmer. Emmer's bill was reintroduced on March 6. A companion bill is legislation that is textually similar or identical to another bill and is introduced in another chamber of Congress.

ChainCatcher news, according to Cointelegraph, EU insurance regulators have proposed a 100% capital support requirement for insurance companies holding crypto assets, citing the inherent risks and high volatility of crypto assets.

ChainCatcher news, according to CryptoSlate, Panama has announced a proposed cryptocurrency bill to regulate cryptocurrencies and promote the development of blockchain-based services. The proposed bill establishes a legal framework for the use of digital assets, sets licensing requirements for service providers, and includes strict compliance measures that meet international financial standards. Digital assets are recognized as a legitimate means of payment, allowing individuals and businesses to freely agree to use digital assets in commercial and civil contracts. Furthermore, the bill explicitly authorizes the use of cryptocurrencies such as Bitcoin, Ethereum, and stablecoins to purchase goods, pay for services, and settle debts, provided that both parties agree.

ChainCatcher message, Ethereum developers @linoscope and @JustinDrake jointly proposed the EIP-7917 proposal, aimed at restructuring the validator election process through a deterministic proposer preview mechanism. The core innovations of this proposal include: precomputing a deterministic proposer sequence at the beginning of the epoch; eliminating the prediction bias caused by the existing RANDAO randomness + effective balance weighting mechanism; and maintaining full compatibility with existing infrastructure.Under the current design, the dynamic changes in validators' effective balances can lead to an inability to accurately predict future epoch proposers, posing risks to pre-confirmation protocols such as MEV-boost. It is estimated that the new scheme can enhance the security margin of on-chain applications like oracles by 40%.

ChainCatcher news, the StaFi protocol has proposed a key governance proposal to gradually reduce the inflation rate of its native token $FIS annually, aiming to enhance the token's value and align with its AI-powered LSaaS narrative.Currently, the annual inflation rate of StaFiChain is 10%. The proposal intends to decrease it by 4% each year starting in 2025, ultimately reaching 0% by 2027, gradually implementing a deflationary model. This initiative will effectively curb the new supply of tokens, alleviate selling pressure in the secondary market, and help strengthen StaFi's economic core, building a more resilient growth path.StaFi stated that the adjustment of the inflation rate is part of its forward-looking value strategy, and it will continue to promote protocol mechanism optimization and ecological sustainability in the future.

ChainCatcher news, according to The Block, North Carolina lawmakers have submitted two bills to the House and Senate seeking to allocate 5% of certain pension fund balances to crypto assets, namely "House Bill 506" and "Senate Bill 709." Both HB 506 and SB 709 aim to establish an independent "Investment Management Board" to manage the investments.The introduction of these two new bills follows House Bill 92 (submitted on February 10) and Senate Bill 327 (submitted on March 18), both of which aim to authorize the state treasurer to invest in Bitcoin.

ChainCatcher message, the Snapshot voting page shows that the WalletConnect community has passed the "WCT Transferability" proposal, and the voting has now ended with a support rate of 99.65%.

ChainCatcher news, Pump.fun co-founder Alon responded during a podcast when asked about the competitive relationship with Radium's upcoming Launch Lab platform: "We are not afraid of any form of competition. This is not a dispute, but part of the business effort to provide the best products for users. In fact, many innovative platforms in the Ethereum ecosystem and other areas have borrowed some ideas from Pump.fun and iterated on them."Alon believes that multiple different niches will inevitably emerge, and these markets will require their own mechanisms to meet demand. This is an inevitable trend in the industry's development. "As a protocol, Pump.fun aims to be as universal as possible while covering more niches. But we also understand that we cannot cover all markets. Therefore, I look forward to seeing new mechanisms proposed by other teams. If any of them achieve great success, we would be happy to explore the possibility of collaboration."

ChainCatcher news, according to Cointelegraph, the CEO of the Pakistan Cryptocurrency Council, Bilal Bin Saqib, proposed to utilize the country's surplus energy to power Bitcoin.On March 21, the issue of mining was discussed at the first meeting of the Cryptocurrency Council. The establishment of the Cryptocurrency Council is in stark contrast to the previous stance of the Pakistani government on cryptocurrencies.In May 2023, former Minister of State for Finance and Revenue Aisha Ghaus Pasha stated that cryptocurrencies would never be legalized in the country.

ChainCatcher message, based on Solana's decentralized exchange Meteora announced on the X platform that two proposals for the MET token have been released.The first proposal is called "LP Incentive Program," which aims to increase the MET allocation for liquidity providers from 10% to 15%.The second proposal suggests allocating 20% of the MET supply to the team as part of a long-term incentive structure, with this allocation vesting over 6 years from the TGE; additionally, 2% of the team's 20% MET allocation will be set aside for M3M3 stakeholders (i.e., M3M3 holders and M3M3 equity holders), with this allocation occurring after a 1-year cliff or one year after the TGE, and it is committed to excluding M3M3 bad actors from this allocation.

ChainCatcher news, according to market news, the New York Stock Exchange has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to allow the Bitwise Ethereum ETF to stake.

ChainCatcher news, according to The Block, with the Trump administration taking office and Congress advancing related legislation, Coinbase has submitted multiple proposals to the U.S. Securities and Exchange Commission (SEC), calling for clarification of its regulatory authority over the cryptocurrency market.In a document released on Thursday, Coinbase outlined the steps the SEC could take, including forms of no-action relief, guidance, or clarification. Previously, SEC Commissioner Hester Peirce established a cryptocurrency working group in February and sought industry input on regulatory approaches to cryptocurrency.Coinbase made four main recommendations to the SEC:Clarify that "digital assets that do not convey any enterprise rights are not securities" and should be considered "digital commodities."Acknowledge that Congress defines "the appropriate regulatory treatment of digital assets."Clarify that "secondary market trading of digital commodities is not considered securities trading."Focus on allowing stakeholders to tokenize traditional securities.

ChainCatcher news, Aave founder Stani.eth posted on the X platform that the community has initiated a proposal aimed at launching a new Aave staking module to facilitate AAVE buybacks and fee conversions.

ChainCatcher news, the RWA stablecoin issuer Usual community has released a voting proposal for "Pledging Usual DAO treasury assets to USUALx" UIP-4, which will end on March 23.The proposal includes pledging the portion of USUAL (approximately 37.6 million) held by the treasury that belongs to USUALx holders into the USUALx staking contract. The staked principal and any rewards (USD0 and USUAL) will ultimately be redistributed to USUALx holders.In previous news, the Usual UIP-3 voting has concluded, and the proposal "Pledging Usual DAO treasury assets to USUALx" initiated by Usual Labs core contributors was rejected.

ChainCatcher news, 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 of the proposals requests a budget allocation of $94.5 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, among other things. In another incentive proposal, a budget of $45 million is allocated to support liquidity incentives.

ChainCatcher news, Hifi Finance released Hifi v3 in February this year and proposed an additional token issuance plan. The proposal has now been voted through, and an additional 25,000,000 HIFI will be issued, gradually unlocking over 21 months starting from March 2025. The total issuance has been adjusted to 171.25 million tokens.

ChainCatcher news, according to Cointelegraph, Minnesota Senator Jeremy Miller has introduced the "Minnesota Bitcoin Bill," which he drafted after a complete shift in his stance on Bitcoin. In a statement on March 18, Miller said, "As I have researched cryptocurrency more and received feedback from an increasing number of voters, I have moved from being highly skeptical to gradually understanding, and then to believing in Bitcoin and other cryptocurrencies."Miller stated that the bill aims to "promote the prosperity of Minnesota" by allowing the Minnesota Investment Board to invest state assets in Bitcoin and other cryptocurrencies, just like traditional assets.According to Miller's bill, Minnesota employees will be able to add Bitcoin and other cryptocurrencies to their retirement accounts. The bill will also allow residents to pay state taxes and fees with Bitcoin. Colorado and Utah have already accepted cryptocurrency for tax payments, while Louisiana allows it for state services. Investment gains from Bitcoin and other cryptocurrencies will also be exempt from state income tax.

ChainCatcher message, the Aave community initiated the ARFC proposal "Deploy Aave V3 on Plasma". After confirming the deployment of Aave on Plasma, the Plasma Foundation will allocate 10 million USDT and ensure that in future incentive activities, Aave is the only lending protocol to receive incentive allocations.