SPACE ID Premier Club Launches ID Token Staking | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Binance announces that the total value of user assets under its custody has crossed the $100 billion mark for the first time. Binance emphasized that they hold reserves for all user funds at a 1:1 ratio, along with additional assets.
• March 19: OKX confirms that it will phase out USDT pairs in the European Economic Area (EEA) as the European Union prepares to adopt a comprehensive regulatory framework for cryptocurrencies, according to The Block.

2. Cryptocurrency Trends:

• March 19: NVIDIA launches GR00T, a general-purpose multimodal foundation model for humanoids, at Nvidia GTC in San Jose, USA.
• March 18: SPACE ID Premier Club launches ID token staking. Users who stake ID tokens will receive additional Premier Club rewards, including the upcoming ZK Airdrop and more.
• Grab, Southeast Asia's leading superapp, announces that its payment app GrabPay now supports crypto deposits through a partnership with Triple A.
• CyberConnect, a decentralized social networking protocol, announces the official launch of CYBER staking and a series of staking reward programs, including a reward pool of 1 million CYBER tokens and a series of ecosystem airdrops.
• SatoshiVM, a Bitcoin Layer2 project, announces staking is now live, allowing users to bridge any asset on Ethereum to SAVM for staking to earn BTC rewards.

3. Financing Trends:

• Flash Protocol, a Bitcoin ecosystem project, announces the conclusion of a private placement with participation from Signum Capital, DWF Labs, and others. Flash Protocol is a Bitcoin-native GameFi, AI, meme, and NFT issuance platform based on the Taproot protocol.
• Figure markets, a US-based financial technology company, raises over $60 million in Series A funding led by Jump Crypto, Pantera Capital, and Lightspeed Faction.
• Zone, a blockchain payments company, raises $8.5 million in seed round funding led by Flourish Ventures and TLcom Capital.
• Entangle, a customizable interoperable infrastructure project, announces that it has received a strategic investment from Consensys on social media platform X.

4. Regulatory Trends:

• In an amended filing with the U.S. Securities and Exchange Commission (SEC), custody giant Fidelity says it plans to offer staking services to users who trade its spot Ethereum ETF.
• Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti) says crypto trading in the country has surged, reaching IDR Rp30 trillion ($1.92 billion) in February.
• U.S. Federal Judge Robert Shelby rules that the U.S. Securities and Exchange Commission (SEC) must pay the legal fees for Utah-based crypto firm DEBT Box, which the SEC has filed a lawsuit against, arguing that it committed a gross abuse of power in obtaining a temporary restraining order.