News

According to official news, Bitget has become the core sponsor of ETH Hangzhou Hackathon, providing technical and financial support for this event. The hackathon is co-hosted by BlockchainZJU, WTFAcademy, OurTinTinLand, PKUBlockchain and will be held in Hangzhou from March 29th to 31st.

Past events have attracted over 500 attendees and 200 developers contributing their wisdom and incubating more than 50 quality projects. This competition has gathered over 500 Web3 enthusiasts and nearly 250 developers participating in teams with more than 60 volunteers actively involved in promoting ecosystem construction.

Bitget is always committed to promoting blockchain education and technological innovation. Its Bitget Academy has published over 2,500 educational articles supporting more than 20 languages reaching over six million global readers with a total of over twenty-two million page views. Through this cooperation, Bitget will further strengthen its connection with the developer community to boost Ethereum ecosystem innovation together building the Ethereum ecosystem.

An observer from the Bank of Japan stated that the new auto tariff measures announced by US President Trump have greatly reduced the possibility of a rate hike at the Bank of Japan's May meeting. Atsushi Takeda, Chief Economist at Itochu Research Institute, said, "The likelihood of a rate hike in May is even lower now. The Bank of Japan must carefully study the impact of tariffs on the economy. They cannot complete this task before their meeting in May." As America announces these measures, The Bank of Japan is looking for suitable opportunities to raise interest rates as consumer inflation continues to hover above target levels. A 25% tariff will put pressure on Japan's core economic sector - its automobile industry and could potentially affect wider industries. Katsutoshi Inadome, Senior Strategist at Sumitomo Mitsui Trust Asset Management said: "US auto tariffs are not conducive to an early rate hike by the Bank of Japan; long-term interest rates may drop below 1.5%." (Jin Shi)

This Wednesday, U.S. Senator Elizabeth Warren (D-MA) targeted a bill focusing on stablecoins that is currently under consideration in Congress, accusing President Donald Trump of using the bill to seek his own economic benefits. The Massachusetts senator shared her criticisms when linking an article about President Trump's decentralized finance project - World Liberty Financial launching its own stablecoin USD1 on Ethereum and BNB chains. Warren expressed her concerns on social media, claiming that President Trump is "lining his pockets" with this project. Warren wrote: "Congress should step up and amend the Stablecoin Bill currently under consideration in the Senate, which would make it easier for Trump and Elon Musk to control your money." Warren criticized the "Financial Innovation and Technology Act of the 21st Century" (FIT21).

News on March 27, during the Mining Disrupt exhibition held in Miami on March 26, 2025, ElphaPex officially released a new generation of LTC/DOGE mining machine - ElphaPex DG2. As the latest masterpiece of the DG series, DG2 continues ElphaPex's constant pursuit of technological limits. Most notably, DG2 has become the first LTC/DOGE miner with an energy efficiency ratio breaking through 0.2 J/MH and achieving a new record of 0.19 J/MH for power efficiency ratio. This marks that LTC/DOGE mining has officially entered the era of 0.1x, bringing unprecedented energy efficiency and long-term profit potential to miners worldwide. ElphaPex will soon announce detailed technical parameters and listing information for DG2 and set up a dynamic display area at the venue for exhibitors to visit and understand.

According to DogeDesigner (@cb_doge), the Grok app is now officially available for download and use by all Android users in the United States.

U.S. President Trump stated that if the cooperation between the European Union and Canada causes economic damage to the United States, then they will be subjected to massive tariffs far higher than currently planned.

Avalon Labs announces that it will support BlackRock's BUIDL fund launched through the Securitize platform, and will include RWA earnings in its yield-bearing Bitcoin stablecoin sUSDa. Users holding sUSDa can directly obtain on-chain returns from US bonds and Bitcoin, achieving double income growth.

According to official news, Pendle has officially launched Berachain, becoming its eighth public chain. The initial pools include Infrared's iBGT and iBERA markets, which are the liquidity wrapped versions of BGT and BERA respectively.

According to Onchain Lens monitoring, a certain whale withdrew 1427 ETH (about $2.93 million) from CEX 7 hours ago and staked it into Lido Finance. In the past six and a half months, this whale has withdrawn a total of 5861 ETH (about $17.23 million) from CEX, currently suffering a loss of about $5.34 million.

According to Auntie Ai's monitoring, the Principal Token (PT) worth $220 million deployed by Abraxas Capital Management in the Pendle protocol has all matured today, earning up to $7.52 million in interest income over nearly four months of holding period. These PTs include 196 million sUSDe PTs, 21.01 million USDe PTs and 95.51 LBTC PTs.