edgeX: EDGE Token TGE Scheduled for March 31st with Trading Launch

March 23rd — Katana, a custom Layer 2 (L2) network for decentralized finance (DeFi), announced the acquisition of decentralized exchange IDEX and the launch of its native perpetual contract platform, Katana Perps. The platform’s first season points program, “The Forge,” also went live simultaneously. Katana CEO Matthew Fisher noted the move aims to give Katana greater control over its underlying protocol stack and economic engine. Katana Perps uses an order book model, offering low-latency execution and advanced order controls, with backing from institutional market makers including GSR, Selini Capital, and Auros. The platform will also integrate deeply with Katana’s KAT token, vKAT governance system, and Vault Bridge, using vbUSDC as its primary collateral asset. U.S. users currently do not have access to the platform.

March 23rd — Per Coinglass data, the crypto market saw a sharp, rapid swing around 7 p.m. tonight, driven by comments from former President Trump. During this period, four large-scale liquidations—each valued at tens of millions of dollars—hit the entire crypto market, with two occurring on the Hyperliquid platform. Three of the liquidations were short positions on Bitcoin (BTC) and Ethereum (ETH), while the fourth was a long position on Brent Crude oil via the Trade.xyz platform.

On March 23, Origins Network closed an $8 million strategic funding round, with participation from Animoca Brands, TBV, Candaq FinTech Group, Castrum Capital, Coinvestor Ventures and others. Its core focus is building a modular blockchain for AI Agents, aiming to enable transparent validation of AI inferences via its Proof of Computation (PoC) mechanism. Origins Network uses a hybrid architecture combining off-chain computation and on-chain verification, and has partnered with cloud providers including AWS, Tencent Cloud and Alibaba Cloud. The funds will be allocated to expanding global decentralized computing nodes, strengthening its developer ecosystem toolchain, and boosting global market expansion.

On March 23, Bitunix finished upgrading the order book component for its spot and perpetual contract trading pages, further optimizing user trading workflows and interface experience. The update lets users switch seamlessly between the order book, trade history, and favorite tags on the same panel, and quickly view or switch to frequently traded pairs without leaving the core trading interface. Post-upgrade, users can switch trading pairs with a single click via the top-right corner of the order book, tap on favorite trading pairs to sync the main interface, and the system will preserve current order book tags and favorite status to ensure uninterrupted, smooth operation. This optimization boosts trading pair switching efficiency and multi-market monitoring capabilities, enabling users to focus more on market analysis and trade execution—further elevating Bitunix’s professional trading experience.

March 23 — Federal Reserve Governor Milan said he still expects four rate cuts by the end of 2026. While second-round inflation effects and wage hikes could necessitate rate hikes, no rate hike is needed currently, he noted. (FXStreet)

On March 23, Federal Reserve official Guersby said he believes the Fed may need to hike interest rates in some cases.