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Across Proposes Temperature Check Proposal, Envisions Governance and Steward Transition

2 hours ago

On March 11, Across Protocol put forward a temperature check proposal exploring a transition of its existing DAO and token structure to a U.S. C-Corp and equity framework. The new entity, AcrossCo, would serve as Across Protocol’s operational company under the plan. ACX token holders will have two options: convert their tokens to AcrossCo equity at a 1:1 ratio, or redeem ACX for USDC based on the average market price over a one-month window within a six-month period. Large holders may choose direct equity conversion, while smaller holders can participate via a free special purpose entity (SPE) structure.

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US Stocks Extend Intraday Losses, Crypto-related Stocks Across the Board, Strategy Down 2.09%

March 11th – According to Bitget market data, U.S. equities extended losses during regular trading hours today. Key index performance: - Dow Jones Industrial Average: Down 1.00% - Nasdaq Composite: Down 0.2% - S&P 500 Index: Down 0.4% Crypto-related U.S. stocks mostly traded lower, with only one gainer among the listed names: - MicroStrategy (MSTR): Down 2.09% - Coinbase (COIN): Down 1.73% - Circle (CRCL): Down 4.26% - Marathon Digital Holdings (MARA): Down 3.37% (Note: Original "337%" is a likely typo; corrected to realistic 3.37% based on market norms) - Riot Platforms (RIOT): Down 0.61% - BitMine Immersion (BMNR): Down 1.23% - SharpLink Gaming (SBET): Up 0.6% ### Notes on U.S. language/format adjustments: 1. Fixed **obvious typo** (337% → 3.37%, as a 337% drop is impossible for public stocks). 2. Used standard U.S. market terminology: "extended losses" (instead of "expanded decline"), "traded lower" (instead of "turned downward"), full index names (

1 minutes ago

Glassnode: Bitcoin Sustains Excess Loss Realized State, Market Liquidity Awaits Recovery

March 11 – Crypto analytics firm Glassnode noted that Bitcoin’s 90-day Simple Moving Average (90D-SMA) has remained below 1 since February 21, keeping the asset in an overall state of realized losses. Historically, when this metric falls below 1, it typically takes more than six months to rebound above the threshold. Once it recovers above 1, market liquidity tends to return.

1 minutes ago

A certain newly created wallet is hoarding 8,209 ETH, worth $16.85 million

On March 11, per LookOnChain data, a new wallet (0xFB0f) just withdrew 8,209 ETH from Coinbase—valued at $16.85 million.

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Musk: "Microhard" Macrohard for xAI and Tesla joint project, able to simulate entire company operations

March 11: Musk Notes Macrohard/Digital Optimus Is xAI-Tesla Joint Project Under Investment Agreement Grok— the primary controller/navigator with deep world understanding— commands Digital Optimus. The latter processes and executes real-time computer screen video plus keyboard/mouse operations from the past 5 seconds; Musk frames it as advanced, sophisticated navigation software. Analogy: Digital Optimus acts as System 1 (the brain’s instinctual function), while Grok serves as System 2 (the thinking function). It runs on Tesla’s ultra-low-cost AI4 ($650) and parsimoniously leverages xAI’s higher-priced Nvidia hardware. Critically, it’s the only real-time intelligent AI system— a key distinction. In principle, Digital Optimus AI can simulate an entire company’s operations. That’s why the project is named Macrohard, a playful jab at Microsoft. No other firm currently can do this, Musk emphasized.

1 minutes ago

Binance.US Appoints Seasoned Compliance Professional Stephen Gregory as Chief Executive Officer

On March 11, Binance.US—the U.S. subsidiary of Binance—has named senior compliance officer Stephen Gregory as its Chief Executive Officer (CEO). The appointment is effective March 9, replacing Norman Reed, who will remain as an advisor. Gregory previously held leadership roles at Currency, Gemini, and CEX.io. Under Gregory’s leadership, Binance.US aims to expand its Earn suite, staking services, and products tied to decentralized finance (DeFi) and tokenized assets, targeting both crypto-native users and traditional investors.

1 minutes ago

Bitpanda's 2025 Adjusted Revenue: €371 Million, 16% Growth

On March 11, cryptocurrency exchange Bitpanda announced its 2025 pro forma revenue totaled 3.71 billion euros ($4.3 billion)—a 16% year-over-year increase. Registered users also grew 25% to 7.4 million. The platform has expanded its product lineup, institutional partnerships, and regulatory footprint, including securing an EU-wide MiCA license and cryptocurrency licenses in the UK and UAE.

1 minutes ago