Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

On March 24, The Block reported that the T-REX Network—backed by Zama and Apex Group—has launched an "institutional-grade privacy infrastructure" for tokenizing real-world assets (RWAs). The platform aims to enable regulated financial institutions to operate on public blockchains without exposing sensitive data. At its core is the T-REX Ledger: a multi-chain coordination layer built on the ERC-3643 standard, tailored specifically for compliant digital securities. The team noted the standard currently supports over $32 billion in tokenized asset value.

March 24th — Per HyperInsight monitoring, "Brother Whale" Huang Licheng’s address has just opened a BTC long position: currently holding 11 BTC longs with 40x leverage, at an average entry price of $71,131.1. The address also retains 5,350 ETH longs with 25x leverage, posting an unrealized profit of $79,000.

March 24 – Market sources report Turkey’s central bank has discussed conducting "gold-for-forex" forward transactions via the London market. Insiders say the country is considering tapping its $135 billion in gold reserves to shore up the struggling lira. (FX678)

**March 24 Update** The General Office of the CPC Central Committee and the General Office of the State Council have issued the *Regulations on Integrity and Professional Conduct for State-owned Enterprise (SOE) Leaders*. The rules explicitly bar SOE leaders from using their positions for personal gain—including accepting gifts, cash, securities, or virtual currencies from their company’s affiliated enterprises or business counterparts. They also prohibit agreeing to receive such benefits after resigning or retiring. The regulations emphasize that SOE leaders must strictly abide by Party discipline, national laws, and corporate rules; maintain clear public-private boundaries; act with integrity; prevent power-for-money transactions and systemic corruption; and strengthen state-owned asset protection and self-discipline on integrity.

March 24 — Foreign media reports note ongoing U.S.-Iran tensions, while former President Trump claims both sides are in talks to end the fighting. Overnight, Iran fired missiles and drones targeting Israeli cities including Eilat, Dimona and Tel Aviv, plus U.S. military bases in the Middle East. Saudi Arabia says it intercepted a drone in its eastern region; Kuwait reports some power lines went offline after the Iranian attack; Bahrain has issued an alert. Iran’s Fars News states U.S. and Israeli forces carried out strikes that damaged a natural gas pressure-regulating facility and an administrative building in central Isfahan. A pipeline supplying natural gas to the Hoor al-Azim combined-cycle power plant in southwest Iran was also hit. Though Trump decided to hold off on striking Iran’s energy infrastructure, the attacks have persisted. (FX Street)

March 24th — According to DefiLlama data, Hyperliquid’s trading volume surged past $100 billion again over the past 24 hours, hitting $122 billion. Meanwhile, the combined trading volume of the other five major DEXs in the same period totaled approximately $131.86 billion. The latest trading volume ranking of major perpetual DEXs is as follows: - Hyperliquid: ~$122.76 billion in trading volume, ~$67.73 billion in open interest [link: https://app.hyperliquid.xyz/join/NTOD] - EdgeX: ~$48.51 billion in trading volume, ~$11.3 billion in open interest - Aster: ~$37.86 billion in trading volume, ~$18.88 billion in open interest [link: https://www.asterdex.com/zh-CN/referral/aboter] - Lighter: ~$24.81 billion in trading volume, ~$6.67 billion in open interest [link: https://app.lighter.xyz/?referral=70045843] - Grvt: ~$15.6 billion in trading volume, ~$4.8 billion in open interest - Pacifica: ~$5.086 billion in trading volume, ~$71.11 million in open interest [link: https://app.p