News of the week | Two US lawmakers released "important plan" about Bitcoin; Bubblemaps launches platform token BMT

Compiled by: Jerry, ChainCatcher

Key News:

• Movement mainnet may be launched on March 10
• PancakeSwap: Simple pledged products will be closed on March 10, 2025
• Two U.S. lawmakers plan to release "important plans" about Bitcoin on March 11 local time
• Bubblemaps: Platform token BMT will be launched on March 11
• SBI's crypto exchange SBI VC Trade will launch its stablecoin "USDC" service on March 12
• Modular blockchain network Hemi will be launched on the main network on March 12
• Lombard Finance will launch its Bitcoin liquid staking token LBTC on Sui Blockchain on March 12
• Coinbase International Station will launch VVV, COOKIE and BIO perpetual contracts on March 13
• Binance will stop CTXC, NULS and UFT partial network recharge and withdrawal support on March 14
• Babylon Foundation airdrop registration will be closed on March 15
• Circle: Linea will implement the bridged USDC to native USDC upgrade, and the bridging of USDC.e is expected to be suspended on March 16
• EigenLayer: Application for airdrops for the second quarter is scheduled to end on March 16

Monday, March 10

Movement mainnet may be launched on March 10

According to the official X account of Movement, the official releases a promotional video, and the suspected trailer of the Movement main network will be launched on March 10.

PancakeSwap: Simple pledged products will be closed on March 10, 2025, and users need to withdraw funds in a timely manner

PancakeSwap said on the X platform that its simple pledged product will be offline at 08:00 Beijing time on March 10, 2025. PancakeSwap says it is part of its ongoing effort to simplify products and focus on providing more sustainable, impactful products to the community. Users are advised to withdraw funds before 08:00 on March 10, 2025.

March 11 (Tuesday)

Rep. Nick Begich: Working with Cynthia Lummis on a "major" Bitcoin-related program to be announced next Tuesday

"It's time to make the United States the first Bitcoin superpower," U.S. Rep. Nick Begich tweeted.

Begic said he is working with Wyoming Senator Cynthia Lummis (proposed by the Bitcoin Strategic Reserves Act and chair of the Senate Banking Digital Assets Subcommittee) on a "major" (₿ig) Bitcoin-related program, and hinted that details will be announced next Tuesday.

Bubblemaps: Platform token BMT will be launched on March 11

On-chain data visualization platform Bubblemaps announced that it will launch the platform token BMT on March 11.

Wednesday, March 12

SBI 's crypto exchange SBI VC Trade will launch its stablecoin "USDC" service on March 12

SBI VC Trade, a crypto exchange owned by Japanese financial giant SBI Group, announced on March 4 that it has completed the registration of the first "electronic payment method and other transaction practitioner" related to stablecoin transactions in Japan. After approval, the company will begin processing the stablecoin "USDC" issued by the US Circle company on March 12.

However, this function will be in the testing phase and the circulation scope is limited to the group. With the latest approval, SVI VC Trade now has three licenses: cryptocurrency exchange business, class I financial instrument business and electronic payment instrument trading business.

Modular blockchain network Hemi will be launched on the main network on March 12

The modular blockchain network Hemi will officially launch the main network on March 12, 2025, aiming to unify Bitcoin and Ethereum into a super network.

According to Web3 asset data platform RootData, Hemi Labs completed a $15 million financing in September last year, led by Binance Labs, Breyer Capital and Big Brain Holdings.

Lombard Finance will launch its Bitcoin liquid staking token LBTC on Sui Blockchain on March 12

Lombard Finance announced that Bitcoin-based liquid staking token LBTC will be launched on the Sui blockchain, marking its first expansion to non-Ethereum virtual machine (EVM) compatible chains, the expansion extends LBTC beyond the blockchain it currently uses, including Ethereum, Base and BNB Chain, aiming to use Bitcoin as collateral for decentralized finance (DeFi) applications.

Thursday, March 13

[Coinbase International Station will launch VVV, COOKIE and BIO

perpetual contracts on March 13](https://www.chaincatcher.com/article/2171220)

According to the official announcement, Coinbase will launch perpetual futures contracts for Venice Token (VVV), Cookie DAO (COOKIE) and Bio Protocol (BIO) on or after Coinbase International Station and Coinbase Advanced. New trading pairs include VVV-PERP, COOKIE-PERP and BIO-PERP.

March 14 (Friday)

[Binance will stop CTXC, NULS and UFT partial network recharge and

withdrawal support on March 14](https://www.chaincatcher.com/article/2171334)

Binance announced that it will cease recharge and withdrawal support for the following tokens through the designated network from 16:00 on March 14, 2025:

• Cortex (CTXC) via Ethereum Network

• NULS (NULS) via BNB Smart Chain

• UniLend (UFT) by BNB Smart Chain

From the above time, tokens recharged through these networks will not be available, which may lead to asset losses. Users can still recharge and withdraw tokens through other networks supported by Binance.

Saturday, March 15

[Babylon Foundation airdrop registration will be closed on March

15](https://www.chaincatcher.com/article/2169413)

Babylon Foundation announced the opening of the airdrop registration page, which will end on March 15. This airdrop mainly includes first-stage stakeholders, Pioneer Pass NFT holders, first-stage final providers, and qualified Github codebase contributors.

March 16 (Sunday)

[Circle: Linea will implement the bridged USDC to native USDC upgrade,

and the bridging of USDC.e is expected to be suspended on March 16](https://www.chaincatcher.com/article/2171005)

Circle posted on the X platform that the native USDC will soon log in to Linea.

In the next few weeks, Circle will upgrade Linea's bridged USDC standard to implement the natively issued USDC. Linea will soon obtain support for CCTV V2 after the main network is online, thus achieving faster cross-chain settlement than final certainty.

EigenLayer: Application for airdrops for the second quarter is scheduled to end on March 16

The Eigen Foundation announced on the X platform that it has opened the second quarter airdrop application and the application window will last until March 16, 2025.