The Crypto market has seen many notable news stories over the past day. Let's check out the hottest Crypto news compiled by Allinstation!

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Lens Chain is about to launch mainnet

On March 26, Stani Kulechov, founder of the Layer 2 SocialFi Lens Chain, confirmed that the network will soon launch its mainnet. This is an important milestone marking a new step in developing the SocialFi ecosystem on Ethereum.

Previously, on February 26, Lens Protocol - a Decentralized Social Media platform built on Ethereum - announced the completion of its migration to Lens Chain

Details: Lens Chain is about to launch mainnet

North Carolina proposes investing 5% of pension fund in cryptocurrency

Legislators in North Carolina, USA, have just submitted two new bills aimed at establishing an independent investment agency to allocate 5% of the pension fund to cryptocurrency assets.

According to Mars Finance News citing The Block, two bills named "House Bill 506" (HB 506) and "Senate Bill 709" (SB 709) have been submitted to the North Carolina House and Senate. Both bills aim to establish an "Investment Management Agency" to manage the investment portfolio, including allocating pension funds to cryptocurrency.

Details: North Carolina proposes investing 5% of pension fund in cryptocurrency

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GameStop Will Buy Bitcoin Reserves

On March 26, the video game retailer GameStop updated its investment policy, officially adding Bitcoin (BTC) to its treasury asset portfolio. This move marks a new step for GameStop in approaching the cryptocurrency market, demonstrating the company's confidence in Bitcoin's long-term value.

A large enterprise like GameStop holding Bitcoin could impact the financial strategies of traditional companies, promoting the trend of BTC accumulation in corporate treasuries. Previously, many large corporations such as Tesla, MicroStrategy, and Square (now Block) have also incorporated Bitcoin into their financial reserves, laying the groundwork for a wave of businesses adopting cryptocurrency as a strategic asset.

Details: GameStop Will Buy Bitcoin Reserves