Central Bank of the UAE： Expected to launch central bank digital currency in the fourth quarter of 2025
The Governor of the Central Bank of the UAE (CBUAE) Khaled Mohamed Balama stated that the country’s blockchain-based central bank digital currency (CBDC) digital dirham is expected to be launched in the fourth quarter of 2025. This digital currency will help enhance financial stability and combat financial crime.It is reported that the digital dirham will be accepted across all payment channels just like physical currency. Balama stated that the digital dirham will promote the development of innovative digital products, services, and new business models, while reducing costs and improving access to international markets.
The incoming chair of the SEC has pledged to review the SEC’s investigation into the role of SBF’s parents in the FTX crisis
during a hearing of the U.S. Senate Banking Committee, SEC chairman nominee Paul Atkins expressed concern about reports regarding the profits made by FTX founder Sam Bankman-Fried’s (SBF) parents and Stanford University in the FTX fraud incident.Atkins committed to reviewing the SEC’s investigation into the connections between SBF’s parents and Stanford Law School.Additionally, Republican Senator John Kennedy criticized the SEC for its slow response to the incident, emphasizing that he would continue to question the accountability related to it. The hearing is the first step in the confirmation process for four financial officials nominated by Trump.
Nasdaq submits 19b-4 form for Avalanche ETF to the SEC
According to a filing with the U.S. Securities and Exchange Commission (SEC), the Nasdaq Stock Exchange has submitted a 19b-4 form to the U.S. SEC, applying for the listing of shares of Grayscale Avalanche Trust.
Analyst: The correlation between cryptocurrencies and tech stocks reaches a historic peak, challenging the narrative of digital gold
Cryptocurrency analyst Miles Deutscher stated that the correlation between cryptocurrencies and tech stocks has reached a historical peak. Unless proven otherwise, cryptocurrencies are merely leveraged bets on risk assets, rather than digital gold.
Data: Tether Treasury issued an additional 1 billion USDT on the Tron chain
According to WhaleAlert monitoring, Tether Treasury has issued an additional 1 billion USDT on the Tron chain.
ZachXBT: A Coinbase user was allegedly scammed out of 34.9 million dollars in BTC yesterday
on-chain detective ZachXBT posted in the official channel: “I suspect that a Coinbase user was scammed out of $34.9 million (400.099 BTC) yesterday.After discovering this scam, I noticed that there have been multiple suspected cases of Coinbase users being scammed in the past two weeks. The funds from each theft were transferred from Bitcoin to Ethereum via Thorchain / Chainflip and exchanged for DAI.Despite these scam addresses appearing in the funds of multiple victims, Coinbase has not flagged these addresses in its compliance tools.”
The U.S. SEC begins to accept officials from the Department of Government Efficiency
According to Reuters, the U.S. Securities and Exchange Commission (SEC) has begun to accept officials from the Department of Government Efficiency (DOGE). SEC staff have been informed that the DOGE working group has contacted the SEC, and they will be regarded as SEC employees in terms of network, system, and data access.The email stated that the SEC is establishing a liaison team aimed at collaborating with DOGE.
Market news: Trump plans to host the President of El Salvador at the White House in April
According to market news, U.S. President Trump plans to host El Salvador President Nayib Bukele at the White House in April.
Vitalik proposed the “L2 Security and Finality Roadmap,” highlighting the three core directions of Ethereum L2
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:
1.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;
2.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;
3.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.
Amber Premium rang the Nasdaq closing bell on March 28 to celebrate its listing and business growth
Amber Group’s subsidiary Amber Premium (Amber International Holding Limited, Nasdaq code: AMBR) rang the closing bell at Nasdaq MarketSite in Times Square, New York on March 28, celebrating the company’s successful listing and business growth. Amber Premium officially started trading on Nasdaq on March 13, becoming the first Singaporean crypto company to be listed on the exchange and one of the few listed crypto enterprises in Asia.Amber Premium CEO Wayne Huo stated that this ceremony symbolizes the company’s entry into a new stage of development, and it will continue to drive global expansion, strengthen infrastructure, and co-create a new generation of institutional-grade crypto financial services with clients. Amber Group CEO and Chairman of the Board of Amber Premium Michael Wu also mentioned that the company will continue to expand its business, committed to compliance, transparency, and customer-oriented innovation, promoting the development of the digital asset industry.
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