According to official news, X Layer has announced the launch of a developer incentive program with an initial total prize pool of 200,000 USDT to encourage teams to build next-generation smart economic systems on X Layer. Participating projects must be developed based on the X Layer ecosystem, complete at least one transaction on-chain and submit the transaction hash as proof, and open-source the code on GitHub. Integration with x402 payment or use of Onchain OS will receive additional points. The first phase of the initial program runs from March 12th to March 26th, with a prize pool of 50,000 USDT. Judging will focus on the depth of on-chain integration of the AI ​​Agent, the payment process, and its overall impact on the X Layer ecosystem.

U.S. residential construction has experienced growth for the third consecutive month, reaching its highest pace in nearly a year. Bloomberg posted on X, highlighting the significant contribution of multi-family projects to this upward trend. The construction sector's improvement reflects a robust demand for housing, particularly in urban areas where multi-family developments are increasingly popular. This growth is seen as a positive indicator for the housing market, suggesting sustained interest and investment in residential properties. Analysts are closely monitoring these developments, as they could have broader implications for the economy, including potential impacts on employment and consumer spending. The construction industry's performance is a key factor in economic forecasts, and its recent momentum is viewed as a promising sign for future growth.

Key takeawaysBinance secured its second U.S. legal victory under the Anti-Terrorism Act (ATA) within two weeks.A U.S. federal court in Alabama dismissed all claims alleging Binance violated the ATA.The ruling follows a similar decision by a court in the Southern District of New York, which also dismissed ATA claims against Binance.Judges in both cases found the allegations lacked sufficient legal and factual support.Alabama Federal Court Dismisses ATA Claims Against BinanceA U.S. federal court in Alabama has dismissed all claims against Binance in a lawsuit filed under the Anti‑Terrorism Act, marking the exchange’s second major legal victory in the United States in recent weeks.The lawsuit alleged that Binance had violated the ATA through actions related to terrorism financing. However, the court ruled that the complaint failed to meet the required legal standards, effectively dismissing the claims against the crypto exchange.Judge Finds Complaint Legally DeficientIn a 19-page decision, the Alabama judge described the plaintiffs’ filing as a “shotgun pleading,” meaning it lacked clear and specific allegations.According to the ruling:The complaint failed to distinguish between different defendants.Plaintiffs did not provide a clear statement of specific claims or conduct.The case did not meet the required legal threshold for proceeding.The court allowed plaintiffs until April 10, 2026, to file an amended complaint addressing the deficiencies. If the issues are not resolved, the case may be dismissed permanently.Second Court Rejects Similar ClaimsThe decision comes shortly after another major ruling involving Binance.Earlier this month, a federal court in the Southern District of New York dismissed ATA claims brought by 535 plaintiffs who alleged the exchange provided material support linked to 64 terrorist attacks.In that 62-page ruling, the court concluded that the plaintiffs failed to establish any evidence that Binance:Assisted terroristsParticipated in or supported terrorist attacksConspired with terrorist organizationsTogether, the two rulings reinforce that courts reviewing these allegations found them insufficient on both legal and factual grounds.Binance Responds to the RulingsBinance General Counsel Eleanor Hughes said the decisions highlight the importance of due process in cases involving serious allegations.She stated that terrorism financing and sanctions compliance claims require clear evidence and legal rigor, adding that the court outcomes demonstrate that the accusations lacked merit.Compliance Remains Key Focus for BinanceBinance said it will continue investing in compliance infrastructure, regulatory cooperation, and legal governance.The exchange noted that the rulings underscore the importance of fact-based scrutiny in cases involving financial crime and sanctions compliance, particularly within the rapidly evolving cryptocurrency industry.

There is growing skepticism about whether the release of emergency stockpiles can occur quickly enough to address the significant supply shortfall. Bloomberg posted on X, highlighting the challenges faced in bridging this gap. The urgency of the situation underscores the need for efficient and timely measures to mitigate the impact of the supply disruption.

Iran's Supreme Leader, Mujtaba Khamenei, announced on social media that he will soon release his first statement. According to Jin10, the statement will address seven key areas: the martyrdom of revolutionary leaders, the role and responsibilities of the people, armed forces, administrative bodies, the resistance front, regional countries, and strategies for dealing with adversaries.

Iran's Supreme Leader Mojtaba Khamenei said on social media on the 12th that he would soon issue his first statement, which would include seven parts: the martyred revolutionary leaders, the role and responsibility of the people, the armed forces, the executive branch, the resistance front, regional countries, and how to deal with the enemy. (Xinhua International)

U.S. initial jobless claims fell last week, indicating that corporate layoffs remain limited. The U.S. Labor Department said Thursday that initial jobless claims for the week ending March 7 were 213,000, down from 214,000 the previous week and below market expectations of 215,000. Continuing jobless claims for the week ending February 28 fell to 1.85 million, down from 1.87 million the previous week. Thursday's initial jobless claims data came after the Labor Department released a weaker-than-expected jobs report last week, showing a loss of 92,000 jobs in the previous month, compared to an increase of 126,000 in January. However, the relatively mild initial jobless claims data suggests that companies are more inclined to retain employees than to implement large-scale layoffs. (Jinshi)

Key takeawaysU.S. Securities and Exchange Commission and Commodity Futures Trading Commission signed a new Memorandum of Understanding (MoU) to coordinate oversight of crypto markets.The agreement aims to resolve longstanding jurisdiction disputes over whether digital assets are securities or commodities.Regulators will implement joint monitoring, data sharing, and coordinated enforcement frameworks for crypto assets.The move could reduce regulatory uncertainty and support broader institutional participation in digital asset markets.SEC and CFTC Move to Coordinate Crypto OversightThe U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have signed a new Memorandum of Understanding aimed at harmonizing oversight of digital asset markets.For years, the two regulators have taken overlapping approaches to crypto regulation. The SEC has frequently argued that many tokens qualify as securities, while the CFTC has maintained that certain cryptocurrencies fall under the category of commodities.This jurisdictional ambiguity has created regulatory uncertainty for the industry and has been widely cited as a barrier to institutional adoption.New Framework Introduces Joint Oversight MechanismsUnder the updated agreement, the SEC and CFTC will expand cooperation through several measures designed to improve regulatory coordination.Key elements of the pact include:Regular joint meetings to discuss emerging regulatory issuesReal-time data sharing related to market events and incidentsCross-market surveillance and coordinated examinationsDevelopment of a dedicated regulatory framework for crypto assetsCross-training of staff on each agency’s jurisdictionCoordinated enforcement actions to prevent conflicting regulatory outcomesThe goal is to ensure both agencies maintain consistent approaches to digital asset oversight while reducing duplication of enforcement efforts.Regulatory Clarity Seen as Key for Institutional ParticipationThe agreement comes as U.S. policymakers continue working on broader crypto market structure legislation, which aims to define clearer regulatory boundaries for digital assets.Market participants have long argued that uncertainty over whether crypto tokens are classified as securities or commodities has discouraged large financial institutions from entering the sector.By improving coordination between the SEC and CFTC, the new MoU could help create a more predictable regulatory environment for digital asset markets.Part of Broader Effort to Integrate Crypto Into Financial MarketsThe cooperation agreement reflects a broader shift toward establishing clearer regulatory frameworks for cryptocurrencies and digital asset products in the United States.Combined with increasing adoption of stablecoins and institutional infrastructure, clearer regulatory coordination could play a role in shaping the next phase of digital asset market development.

Singapore has sentenced Zhang Xinghua to two years in prison for his involvement in a conspiracy that resulted in the theft of approximately $6.9 million in cryptocurrency from SafeX. According to NS3.AI, Zhang transferred over $1.6 million in cryptocurrency into Tornado Cash through two separate transactions. Authorities have managed to seize or freeze around $2.1 million, but approximately $4.8 million remains beyond Singapore's jurisdiction.

According to the official page, Robinhood has launched GRT.

The security token offering is made accessible with either fiat (U.S. Dollar (USD)) or stablecoins (USD Coin (USDC)), and it requires a minimum investment of 1 USD/USDC, which is relatively affordable.