News

Polygon founder Sandeep Nailwal stated that Polygon's stablecoin transaction volume reached 159.9 million last week, setting a new historical record, with on-chain stablecoin transaction amounts, number of active addresses, and other core metrics also rising simultaneously. In addition, Polygon PoS network checkpoints have reached 100,000, and the scale of network usage continues to expand. Sandeep Nailwal said that Polygon is accelerating the construction of the future of on-chain payments.

1. Coin Center: If the CLARITY Act is not passed, the U.S. government may strengthen crypto regulation again in the future; 2. Exchange CEO apologizes for frequent notifications about prediction markets: the issue is being fixed; 3. U.S. military's weeks-long ground war rapid resolution plan exposed: aiming to replicate the "42-day defeat of Iraq" legend; 4. Iranian Parliament Speaker says armed forces are "waiting for U.S. ground action"; 5. Opinion: ETH key resistance levels at $2,029 and $2,079; 6. Witman Hung launched the "Hong Kong–Korea Web3 Policy Promotion Alliance" focusing on stablecoins and digital asset regulation; 7. TRUMP team transferred 5.48 million TRUMP to an exchange, worth about $16.06 million; 8. Zhou Hongyi: Tokens will never be unlimited in use like monthly unlimited mobile data.

BlockBeats News, March 29th, according to Coinglass data, if Bitcoin falls below $65,000, the cumulative long liquidation strength of mainstream CEX will reach $743 million. Conversely, if Bitcoin exceeds $68,000, the cumulative short liquidation strength of mainstream CEX will reach $621 million. BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., the strength. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a stronger reaction due to a liquidity cascade once it reaches that level.