Linera Launches Babbage Testnet

On March 31, the MGBX platform launched a limited-time New User Task Event for newly registered users. During the event, new users who complete tasks—including real-name authentication, account funding, and contract trading—within 30 days of registration will unlock contract trial funds incrementally. Rewards are cumulative, with a maximum of 30,000 USDT in contract trial funds per user.

March 31st — According to Reuters, forex prime brokerage and cross-border remittance startup OpenFX has closed a $94 million funding round. The round was led by firms including Accel, Lightspeed Faction, M13, Northzone and Pantera, with a post-money valuation of roughly $5 billion. OpenFX connects the traditional banking system to blockchain infrastructure via stablecoins, delivering faster, lower-cost settlement services for large-scale cross-border fund transfers. The company plans to expand into Southeast Asia and Latin America using the proceeds from this funding.

Per OnchainLens monitoring on March 31, a newly created wallet has deposited 9.6 million USDC into HyperLiquid, opened a 20x leveraged CL long position, and continues to actively add to the position.

PR Newswire reported on March 31 that U.S.-listed Bitcoin treasury firm Hyperscale Data (GPUS) announced its total holdings of cash, restricted cash, and Bitcoin as of the week ended March 29, 2026, are approximately $82.1 million—equivalent to roughly 156.87% of the company’s current market capitalization. Bitcoin holdings total approximately $41.8 million, while cash and restricted cash amount to about $40.3 million. As of March 29, the company’s wholly owned subsidiary Sentinum and Ault Capital Group (ACG) held a combined 633.8609 Bitcoin. Valued at a closing price of $65,955 per Bitcoin, the total is approximately $41.8 million. Sentinum holds roughly 586.6674 Bitcoin, including 146.4333 from mining rewards and 440.2341 purchased on the open market. ACG holds about 47.1935 Bitcoin. Neither subsidiary increased its Bitcoin holdings on the open market during the week.

March 31: Per Coinbob Popular Address Monitoring, Huang Licheng’s ETH long position is seeing **unrealized losses deepen**, with the position once again **on the verge of liquidation**. In response, he closed out 1,606 ETH long positions (equivalent to ~$3.23 million), posting a loss of ~$34,000. The position value dropped from $11.35 million to $8.09 million, and the liquidation price was subsequently adjusted down to $2,006. Looking back at this round of position-building: After his original ETH long position was liquidated on March 26, the whale opened a new position with under $100,000 and later added a total of $700,000 in margin for rolling positions. However, this latest ETH decline has once again cut his account balance to ~$250,000—erasing all recent profits. His **weekly losses total $1.04 million**.

**March 31: CZ Calms Crypto Community Over Quantum Computing Fears** Binance CEO Changpeng Zhao (CZ) posted on Binance Square March 31, noting he’s observed some in the crypto space panicking or skeptical about quantum computing’s impact on cryptocurrencies. From a macro view, he said, crypto only needs to upgrade to quantum-resistant (post-quantum) algorithms—so panic is unnecessary. That said, implementation hurdles exist: - In a decentralized landscape, protocol upgrades aren’t straightforward. Debates over which algorithm to adopt could spark forks. - Projects that’ve ceased development may never upgrade; cleaning these up could be a net positive. New code might also introduce short-term vulnerabilities or security gaps. Self-custody Bitcoin holders will need to move funds to quantum-resistant wallets—raising a question about Satoshi Nakamoto’s holdings: - If those coins are moved, it would signal Satoshi is still alive—an interesting twist. - If the addresses stay