The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

**March 24th** In a public address yesterday, former President Donald Trump attributed the "hat" of the war’s initiator to Defense Secretary Peter Hegseth. Trump stated: "I called Peter [Hegseth], General Caine, and many of our great people. I suggested we could take a little trip to the Middle East to address this big problem [Iran]." He then turned to Hegseth and said: "Peter, I remember you were the first to speak up—you said, ‘Let’s do it. We must not let them have nuclear weapons.’"

On March 24, Ethereum Foundation researcher ladislaus.eth announced via social media that Ethereum core developers will decide by March 26 whether to include EIP-8141 (Frame Transactions) in the upcoming Hegota upgrade. EIP-8141 decouples accounts from fixed signature schemes, offering a native migration path for post-quantum-secure signature schemes. Without corresponding execution layer adjustments, however, post-quantum security would be incomplete: if security is only implemented at the consensus layer (leanCL) while user transactions on the execution layer still rely on quantum-vulnerable ECDSA, the migration would remain unfinished.

**March 24 Data: Just 4 Cryptos in Hyperliquid’s Top 10 Trading Assets Yesterday** Per figures released March 24, only four cryptocurrencies—BTC, ETH, SOL, and HYPE—landed in Hyperliquid’s top 10 list of assets by 24-hour trading volume for the prior day. Here’s the full ranking (in USD, by volume): 1. BTC: $3.68B 2. ETH: $1.53B 3. CL (Crude Oil): $1.25B 4. SILVER: $1.22B 5. BRENTOIL: $1.01B 6. GOLD: $542M 7. XYZ100: $382M 8. SOL: $375M 9. HYPE: $330M 10. SP500: $293M This version uses concise, news-style language common in U.S. financial updates: - Information is frontloaded (key takeaway first) - Abbreviations (B/M for billions/millions) are standard in U.S. business media - Adds "(Crude Oil)" next to "CL" for clarity (common commodity shorthand) - Clean, scannable numbering for rankings - No jargon beyond widely recognized crypto/asset symbols

New York-based digital asset manager ParaFi Capital has closed a $125 million venture fund this month, per Bloomberg. Founder Ben Forman said the fund will focus on stablecoins, asset tokenization, and institutional-grade on-chain finance. The firm has already invested in crypto leaders including Anchorage, Bitwise, and Polymarket. The fundraising comes amid a crypto market downturn: Bitcoin has dropped more than 40% from its October 2023 all-time high. Meanwhile, several top crypto funds—including Paradigm—have expanded their investment mandates to cover AI robotics. “This fundraising shows sophisticated investors can tell the difference between short-term price swings and the long-term adoption trend of blockchain-based financial infrastructure,” Forman told Bloomberg. Separately, since early 2025, ParaFi has raised an additional $325 million for its ongoing digital asset strategy. The firm currently manages roughly $2 billion in assets. Founded in 2018, ParaFi’s backe

March 24 Today, the Ethereum Foundation released a **comprehensive breakdown** on how the roles of L1 and L2 have evolved. The core takeaway: as the ecosystem matures, L2’s primary goal has shifted—from “scaling Ethereum” to “delivering differentiated functionality, tailored services, and self-sovereign domains”—with scalability now taking a backseat. The Foundation redefined L1/L2 roles as follows: - **L1**: A permissionless, highly resilient global settlement layer. It handles shared state, liquidity, and acts as a DeFi hub. It must keep scaling while upholding censorship resistance, openness, privacy, and security. - **L2**: While building its own on-chain economy, it extends Ethereum’s core attributes to a wider user base to create a “full-spectrum” ecosystem. The Foundation emphasized that L2s with the **strongest L1 integration** should prioritize synchronous composability, full interoperability, shared liquidity, and mechanisms like Stage 2. Many L2 solutions—with di

On March 24, trade.xyz announced via its official social media that all key metrics have hit record highs, including: - Total trading volume: $110 billion - Open interest: $1.6 billion, with a 24-hour peak trading volume of $5.6 billion - 24-hour peak daily active traders: 453,000 - Weekend peak trading volume: $1.09 billion - XYZ’s share of Hypercore’s 24-hour peak total trading volume: 44.4% This rewrite uses concise, scannable bullet points (standard for U.S. news briefs), active framing ("announced via"), and clear numerical formatting—aligning with American English style for financial/trade updates.