This week’s news preview | Binance will list GUNZ (GUN); Terraform Labs will open a portal for claims for crypto asset losses

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Compiled by: Jerry, ChainCatcher

Key News:

March 31 (Monday)

Binance Will List GUNZ (GUN) at 21:00 (UTC+8) on March 31

According to the official announcement, Binance Launchpool has launched its 66th project - GUNZ (GUN), an L1 blockchain developed by Gunzilla Games

Users can deposit BNB, FDUSD, and USDC into the GUN reward pool on the Launchpool website after 08:00 (UTC+8) on March 28, 2025, to earn GUN, with the event lasting 3 days.

Binance will list GUNZ (GUN) on March 31, 2025, at 21:00 (UTC+8), and open trading markets for GUN/USDT, GUN/BNB, GUN/FDUSD, and GUN/TRY, applying seed label trading rules.

Terraform Labs to Open Crypto Asset Loss Claim Portal on March 31

According to the Terra official announcement, Terraform Labs' crypto asset loss claim portal will open on March 31, 2025. Creditors can submit eligible crypto asset loss claims through the claim website, providing wallet addresses/read-only API keys and completing the claim form. The claim submission deadline is April 30, 2025, at 23:59 (Eastern Time), after which claims will not be accepted.

Ark Invest's ARKK, ARKW, and ARKF ETFs May Open Trading on Cboe BZX Around March 31

According to PR Newswire, ARK Investment Management plans to change the primary listing location of its three innovative ETFs from NYSE Arca, Inc. to Cboe BZX Exchange, Inc. These three funds are:

  • ARK Innovation ETF (ARKK): This flagship fund focuses on disruptive innovation across multiple sectors, providing investors with cutting-edge technologies shaping our future.

  • ARK Next Generation Internet ETF (ARKW): A dynamic fund capturing internet developments, including AI-driven advances and blockchain technology.

  • ARK Fintech Innovation ETF (ARKF): A forward-looking fund targeting companies at the forefront of the fintech revolution.

ARK expects these ETFs to begin trading on Cboe BZX Exchange, Inc. with their current stock tickers around March 31, though this date may change. No shareholder action is required for this change.

Early month data shows Coinbase is the sixth-largest holding in ARKW, accounting for 6% with a market value of about $99.01 million; additionally, ARKK added 29,353 Coinbase shares on Thursday, making Coinbase its third-largest holding at approximately 71.4%.

Four.meme to Switch to PancakeSwap V2 Liquidity Scheme and Burn New Token LP on March 31

Four.meme platform announced a significant adjustment to its liquidity pool. According to the official announcement, the platform will formally implement the PancakeSwap V2 liquidity addition scheme on March 31 (specific time to be determined), with newly created and launched token LPs to be directly burned.

This update was made after internal in-depth discussions by the Four.meme team and extensive market user feedback collection. Considering operational efficiency and community long-term interests, the team decided to discontinue PancakeSwap V3 LP locking and instead adopt the PancakeSwap V2 approach of burning newly created LPs.

Binance to Delist Stablecoin Trading Pairs Not Compliant with MiCA for European Users on March 31

Binance will delist stablecoin trading pairs not complying with MiCA standards for European users on March 31. Affected assets include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.

Jupiter: JUPuary Airdrop Sybil Appeal Deadline Is March 31

Jupiter announced on X that the appeal deadline for users marked as Sybil or Bot in the January 2025 JUPuary airdrop will be March 31 at 11:59 PM UTC, with the team to review and process valid appeals by the end of May.

April 1 (Tuesday)

Metaplanet Announces 10-for-1 Stock Split to Be Implemented on April 1

According to CoinDesk, Japanese listed company Metaplanet announced a 10-for-1 stock split to be implemented on April 1. The company has been purchasing Bitcoin since April 2024 and currently holds 2,031 coins, valued at nearly $200 million.

Benefiting from its Bitcoin allocation strategy, the company's stock price has risen 3,900% in the past 12 months, becoming Japan's best-performing stock. Metaplanet stated in its announcement that the current stock price has caused a "substantial financial burden" for investors, and this stock split will lower the price per trading unit, help improve stock liquidity, expand the shareholder base, and strengthen connections with a broader investor group.

Cayman Islands' New Crypto Regulatory Framework Introduces New Licensing Provisions, Effective April 1

According to Bitcoin.com News, the Cayman Islands have updated their cryptocurrency regulatory framework and established new licensing provisions, effective April 1, 2025.

Under the Virtual Assets (Service Providers) (Amendment) Regulations 2025, all entities providing virtual asset custody and trading platform services must obtain a license from the Cayman Islands Monetary Authority (CIMA). Existing virtual asset service providers (VASPs) must submit license applications within 90 days after the effective date.

As part of the application process, crypto asset custody institutions must disclose the types and quantities of virtual assets they intend to hold for clients, while trading platform operators need to provide expected revenue and details of their physical hardware locations.

IOST: Snapshot Completed, Airdrop Query Portal to Go Live on April 1

According to the IOST official announcement, IOST 3.0 mainnet has been officially launched, and a token snapshot was successfully completed on March 15 at 00:00 UTC. The airdrop query portal will go live on April 1, with the staking portal to be launched in early April.

It is reported that IOST 3.0 mainnet introduces a new IOST Layer 2 network with advanced physical asset tokenization standards and innovative liquidity engine technology, aiming to achieve frictionless conversion between traditional and digital assets.

Astar: zkEVM to Cease Operations on April 1, Users Advised to Withdraw Assets Beforehand

According to official sources, Astar Network has officially announced that its zkEVM will terminate operations on April 1, 2025.

Astar Network reminds users to pay attention to asset safety and ensure asset migration before network closure to avoid potential asset losses.

April 2 (Wednesday)

Trump: Reciprocal Tariffs to Begin on April 2

According to Jintian News, US President Trump stated that reciprocal tariffs will begin on April 2.

US House Financial Services Committee Expected to Review Stablecoin Legislation Draft on April 2

According to Bloomberg, the US House Financial Services Committee is expected to review the stablecoin legislation draft on April 2.

Arkansas Chairman French Hill stated last week that a well-regulated stablecoin market would "strengthen the dollar's dominance, modernize our payment infrastructure, and promote financial services accessibility without excessive government intervention".

However, critics like House Committee Democratic Leader Maxine Waters and Senator Elizabeth Warren believe the bill is insufficient to protect consumers, advocating for banning tech companies from issuing stablecoins and proposing other reforms.

Critics also worry about the lack of insurance like the FDIC if stablecoins fail, while bankers warn that stablecoins might drain deposits and reduce credit channels.

Binance to Adjust SOLUSDT Perpetual Contract Minimum Trading Volume on April 2

According to the official announcement, Binance will adjust the minimum order quantity for the SOLUSDT USDT-margined perpetual contract on April 2, 2025, at 17:30 (UTC+8), changing from 1 SOL to 0.01 SOL.

The SOLUSDT USDT-margined perpetual contract will be suspended from 17:30 to 17:31 (UTC+8) on April 2, 2025. During this upgrade period, users will not be able to place, cancel, or modify existing orders on the SOLUSDT USDT-margined perpetual contract.

April 3 (Thursday)

Coinbase Advanced to Support BNB Perpetual Contract on April 3

Coinbase Advanced is adding support for $BNB perpetual contracts, with the BNB-PERP market to open at or after 9:30 AM (UTC) on April 3, 2025.

April 4 (Friday)

UniSat to Cease Supporting Atomicals Protocol on April 4, Advises Users to Transfer Assets Promptly

UniSat announced on X platform that it will stop supporting the Atomicals protocol from 02:00 Eastern Time on April 4, 2025, and will update its extension wallet to version 1.6.0, advising users to transfer Atomicals assets to compatible wallets as soon as possible, as Atomicals assets will no longer be viewable in the UniSat wallet after April 4.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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