Bhutan government transfers 721.46 bitcoins worth 63.24 million US dollars

Odaily Planet Daily News: Zero Knowledge Proof software developer RISC Zero announced the launch of OP Kailua Validity Mode, which allows OP Rollup to be upgraded to ZK Rollup without requiring large-scale technical changes, achieving higher security and faster settlement time. This model eliminates fraud disputes, ensures that transactions are finally confirmed within one hour, has stronger security than traditional fraud proofs, and has been adapted to the second phase of decentralized deployment. In addition, Validity Mode is cost-effective and suitable for high-throughput OP chains. At the same time, Kailua also offers Hybrid Mode, allowing OP Rollup to introduce ZK fraud proof in advance, improving security with lower margin requirements and faster dispute resolution capabilities. At present, multiple Rollup projects such as BOB and Eclipse have started integrating OP Kailua and gradually transitioning to ZK.

Odaily Planet Daily News: According to official announcements, Bybit announced that it will stop using SLP as a collateralized or loanable asset from April 10, 2025: 1. March 27, 2025, 8:00 AM (UTC): All lending services of SLP will be suspended, including lending (UTA), encrypted loans, and Bybit savings; 2. April 10, 2025, 8:00 AM (UTC): SLP will no longer be accepted as collateral or repayment method for loans (UTA), encrypted loans, and institutional loans; 3. April 11, 2025, 8:00 AM (UTC): SLP will be removed from Bybit savings. The principal and accrued income of SLP pledged by users in Bybit savings will be automatically credited to the fund account. Bybit reminds that all outstanding SLP debts must be repaid before April 10, 2025 (8:00 a.m. UTC) to prevent automatic repayment and potential asset losses. At the same time, it recommends users to adjust the margin (if applicable) before 8:00 a.m. UTC on April 10, 2025, and closely monitor the maintenance margin rate (MMR) and loan value (LTV) ratio to avoid any potential liquidation.

BlockBeats News: On March 26th, Matrixport released a daily chart analysis stating that Bitcoin is approaching a breakthrough in the key downward trend line, which has been suppressing prices since the market sell-off before and after Trump's inauguration. At present, Bitcoin is forming a "high-level compact flag", which is usually seen as a bullish continuation of its technical form. At present, Bitcoin has broken through the initial downward trend line (white line) and is testing more important resistance levels (gray line). If a successful breakthrough can be made, it will release a signal of significant easing of downside risks. Combined with the dovish tone of the Federal Reserve's FOMC meeting and the favorable market environment, this change is increasingly being validated on a technical level.

Odaily Planet Daily News: The Financial Intelligence Analysis Unit (FIU) of South Korea has announced that from March 25th, it will implement domestic access restrictions on Google Play applications of 17 overseas virtual asset service providers (VASP) that are not registered in South Korea, including KuCoin, MEXC, etc. This means that users cannot install new related applications and existing users cannot update them.

Berachain's PoL flywheel mechanism has been activated, with a total supply of stablecoins reaching $1.3 billion and a market value of $726 million for HONEY tokens. At the same time, the high rate of return (APR) of BGT tokens has taken effect, and many users have invested it in DEX pools and participated in iBGT token mining activities on Infrared Finance.