Next weeks highlights
March 31
Terraform Labs: Creditor claims portal launched on March 31, with a maximum payout of $500 million
April 2
The market is closely watching the US tariff announcement on April 2 ;
US stablecoin bill to advance in House committee on April 2 ;
April 4
(23:25) Powell will speak on April 4 ;
Others (specific time undetermined)
Ethena: Season 3 airdrop will be available for inquiry in the first week of April;
From March 31 to April 6, more noteworthy events in the industry are previewed below.
March 31
Terraform Labs: Creditor claims portal launched on March 31, with a maximum payout of $500 million
Odaily Planet Daily News: Terraform Labs, a blockchain company that has filed for bankruptcy, announced that it will officially open a claim application channel for crypto creditors on March 31, with a claim deadline of April 30. According to the claim guidelines released by the company, creditors need to submit proof of asset holdings including wallet addresses and exchange API keys. If artificial evidence such as transaction records are used, they will face a longer review cycle.
The company promised to pay creditors between $185 million and $442 million in compensation in a restructuring plan approved by the court last September, part of a $4.47 billion settlement with the SEC. In particular, the SEC has agreed to prioritize paying ordinary creditors over regulatory fines. The claim involves investors who suffered losses from Terras $40 billion collapse in 2022.
(The Block)
Binance will delist EEA stablecoins that do not comply with MiCA standards on March 31
Odaily Planet Daily News According to the latest guidance from EU authorities on stablecoins, Binance is making changes to the availability of non-MiCA-compliant stablecoins in the EEA to comply with regulatory requirements. Affected assets include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG. MiCA-compliant stablecoin pairs (such as USDC and EURI) and fiat currency pairs (EUR) are still available and remain unchanged.
Starting 2025-03-31 23:59 (UTC), Binance will restrict European Economic Area (EEA) users from using spot trading pairs of non-MiCA-compliant stablecoins according to the following schedule:
Spot Trading: Starting from 07:59 (GMT+8) on April 1, 2025, spot trading pairs of non-MiCA compliant stablecoins will be completely delisted. Users can still sell remaining assets through Binance Convert.
Margin trading: Starting from 15:00 on March 27, 2025 (Beijing time), non-MiCA compliant margin trading pairs will be completely delisted, Binance will automatically convert users related assets and liabilities into USDC and cancel all outstanding orders.
Odaily Planet Daily reported that Coinbase Derivatives plans to further expand its derivatives market and has submitted a self-certification application to the U.S. Commodity Futures Trading Commission (CFTC), intending to launch natural gas (NGS) futures and Cardano (ADA) futures.
According to the official announcement, the application is still under review and, if approved, is expected to be officially launched on March 31. This move will diversify Coinbase Derivatives product layout in the energy and cryptocurrency derivatives markets.
Strategy: Will pay a quarterly cash dividend, payable on March 31
Odaily Planet Daily News According to the latest 8-K report submitted by Strategy (MSTR.O), the company did not sell any Class A common stock or purchase new bitcoins between February 24 and March 2. As of March 2, 2025, MicroStrategy and its subsidiaries held a total of 499,096 bitcoins, with a cumulative purchase cost of approximately US$33.1 billion and an average purchase price of US$66,357. In addition, the board of directors of Strategy announced that the Series A perpetual preferred stock (STRK) will pay a quarterly cash dividend of US$1.24 per share at 8.00%, with a payment date of March 31 and an equity registration date of March 15. (Jinshi)
Mail3 announced that it will stop maintenance on March 31
According to the official website, the Web3 communication protocol Mail3 announced that it will stop maintenance on March 31, and users need to back up important data to avoid loss. Mail3 was launched in 2022 and can generate an email address using an address or domain name.
April 1
Odaily Planet Daily News According to the updated regulations Virtual Asset Service Providers (Amendment) Regulations which will take effect on April 1, 2025, the Cayman Islands will require cryptocurrency custody and trading companies to obtain licenses to operate. Companies already operating in the country must submit applications before June 29, 2025, detailing asset security measures and operational details. It is reported that major cryptocurrency companies such as Coinbase, Binance and Bitwise have already obtained licenses in the Cayman Islands, and some companies such as Sui Foundation have established headquarters there. (Coindesk)
Astar: Astar zkEVM is about to be shut down, and users are advised to withdraw before April 1
Odaily Planet Daily News: Astar officials posted on X that the shutdown date of the Astar zkEVM network is approaching, and users are advised to withdraw all assets before April 1.
It is reported that Astar had announced in January that it would begin the migration of Astar zkEVM to Soneium.
April 2
Markets are closely watching the US tariff announcement on April 2
Odaily Planet Daily News: April 2nd is the day of Trumps reciprocal tariff announcement, which has attracted global attention. Before that, investors tended to take a cautious attitude because they were unclear about what specific tariffs Trump would impose.
SignalPlus partner Augustine Fan pointed out that the market direction needs to wait for the key policy node on April 2 to become clear. The next important catalyst will be the Liberation Day tariff announcement. As the Trump administration plans to announce a new round of tariff plans on that day, macroeconomic policy uncertainty may once again become the fuse that breaks the balance of the crypto market. (Businesstime)
US Stablecoin Bill to Advance in House Committee on April 2
Odaily Planet Daily reported that the U.S. House of Representatives Financial Services Committee plans to advance stablecoin regulatory legislation on April 2. The bill has received bipartisan support in both the Senate and the House and is considered a priority for the crypto industry.
Earlier this month, the Senate Banking Committee passed a similar bill, indicating that Congress is moving toward establishing a federal regulatory framework for stablecoins. Industry insiders believe that this legislative progress reflects the growing influence of the crypto industry in Washington and also shows the urgent need for clear regulatory guidance. (Bloomberg)
April 3
None
April 4
Odaily Planet Daily News: At 23:25 Beijing time on April 4, Federal Reserve Chairman Powell delivered a speech.
Odaily Planet Daily News: UniSat posted on the X platform that it will no longer support the Atomicals protocol and will update the extended wallet to version 1.6.0 starting at 02:00 EST on April 4, 2025. It is recommended that users transfer their Atomicals assets to a compatible wallet as soon as possible. After April 4, Atomicals assets will not be viewable in the UniSat wallet.
April 5
None
April 6
None
Others (specific time undetermined)
Odaily Planet Daily News: Ethena team members announced in the official Discord channel that the query page for Season 3 airdrops will be launched in the first week of April. Before that, the official will provide more details about the Season 3 airdrop distribution.
In addition, Ethena also announced that the Season 4 event will start on March 24 and last for 6 months to September 24.
