A 5-minute recap of last week's web3 markets

Market information and major news from 3/22~28.

Good morning.
Mitsui from web3 researcher.

This is a summary article about the web3 market for the last week.We have gathered information from over 20 national and international media outlets and newsletters and have picked out news from them.Please use it to catch up on information and trends!

💥News Pickup
📊Market &News (L1, L2, DeFi, NFT, GameFi, AI, Other)

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💥News Pickup

🖼️Story Protocol's IP portal goes into open beta

• With the spread of AI, IP rights issues are becoming more serious.

• The IP Portal will be a gateway for creators, developers, and companies to intuitively claim ownership, define licensing terms, and generate revenue from their works.

• IP can be registered, licensed, and monetized on-chain in minutes.

• Built on Story's blockchain, ownership is transparent, licensing is automated, and transactions are trust-free.

🔬Sei Foundation Considers Acquisition of U.S. 23andMe Following Bankruptcy Filing, Stores Genetic Data on Chain to Protect Information

• Sei Foundation Considering Acquisition of U.S. Genetic Testing Service Provider 23andMe

• The acquisition of 23andMe follows the company's filing for Chapter 11 bankruptcy protection on May 23, and 23andMe has proposed to auction off its assets, including the genetic information of its 15 million customers, on May 14 as part of its corporate reorganization process.

• The Sei Foundation "believes that user data sovereignty is a matter of national security," commenting that "if U.S. biotech pioneers face bankruptcy, the genomic data of millions of individuals will be vulnerable in the hands of third parties who do not share the same values of transparency and open access.The Sei Foundation has been working with the U.S. biotech community since January of this year.

• The Sei Foundation had established the Sapien Open Science Fund I (Sapien Open Science Fund I), a $65 million venture fund for investment in the DeSci field, in January of this year.

📈Polymarket predicts results with up to 94% accuracy

• Polymarket is most accurate four hours before an event occurs, with an accuracy rate of 94%, according to Alex McCullough, who created the Dune dashboard on Polymarket performance.

• After 12 hours it drops to 90% and after another day to 88.5%, but still a great number!

📊JP Morgan predicts yieldable stablecoin market share will grow from 6% to 50%

• JP Morgan analysts predict that in the future, yieldable stablecoins could rise from the current 6% of the market capitalization of stablecoins to up to 50% of the market capitalization of stablecoins

• Analysts said that, especially in today's high interest rate environment, yield stablecoins are attracting investors in the same way as traditional money market funds.

• The top five highest yielding stablecoins - Ethena's USDe, Sky's USDS, BlackRock's BUIDL, Usual's USD0 and Ondo's USDY - have seen their market capitalization jump from about $4 billion to over $13 billion since the November US presidential election, said

🐻Berachain launches its governance phase today with a "proof of liquidity" system

• Berachain, an EVM-based Layer 1 Blockchain, Launches Proof of Liquidity System

• This launches Phase 1 of on-chain governance

• The PoL system aims to decentralize the supply of Berachain's governance token, BGT, to enable on-chain governance

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📊Market & News (L1, L2, DeFi, NFT, GameFi, AI, Other)

🟠Market

⛓️L1 Blockchain

• Berachain today launches governance phase with "liquidity proof" system

• Nillion's Alpha Mainnet goes live and $NIL officially launched.

• Story Protocol's IP Portal Now in Open Beta

• Ethernet "Pectra", mainnet implementation tentatively scheduled for 4/30

• Sei Foundation Considers Acquisition of 23andMe Following Bankruptcy Filing; Stores Genetic Data on Chain to Protect Information

• Bitcoin set for worst Q1 close since 2020, but analysts predict Q2 recovery

• Ethernet Developer Delays Main Net Launch of Pectra Upgrade

• ETH daily burn hits record low due to lower on-chain activity

• Solana Welcomes Social Media App Guru Nikita Bier as Mobile Push Advisor

• Peaq introduces tokenized humanoid robots that run distributed applications and enable autonomous navigation and service delivery

⛓️L2 Blockchain

• Soneium Partners with Animoca Brands to Bring Anime Fans to Sony-backed Layer 2

• Arbitrum DAO is considering a proposal to stop funding the Gaming Catalyst Program, which is backed by 225 million ARB tokens

• High Throughput Ethereum Scaler MegaETH Debuts Public Test Net, Reaches 20,000 TPS on First Day

• Celo Developers Complete Migration to Ethereum Layer 2 Nearly Two Years After Initial Proposal

• Plume Partners with Goldfinch to Expand Access to Private Credit

• ZKsync Era, with $2 billion in real world assets, is now the second largest RWA chain

💰DeFi

• Hyperlend meets staking limit in one hour

• DYDX surges 9% as derivatives exchange announces share buyback program

• USDT0 Expands Tether-Backed Stablecoin Across Optimism Superchain After Launch on OP Mainnet

• Hyperliquid Delists Meme Coin "JELLYJELLY" in Huge Trading Price Manipulation Scandal

• PumpSwap overtakes Raydium to become largest Solana DEX

• Hyperliquid deploys HyperCore and HyperEVM links on mainnet to integrate DeFi and CEX capabilities

• USDC Stablecoin Supply Surpasses Record High, Market Cap Tops $60 Billion

• Trump Family's DeFi Project Issues USD1 USD Stable Coin

• Jupiter posts record monthly sales of $33 million in February

• Developers port Tornado Cash to MegaETH Testnet as Treasury lifts sanctions on key protocol

🖼️NFT

• CryptoPunk 2967 "Zombie" Sold for Over $800,000

• First NFT of the anime "Seven Deadly Sins" goes global with "Soneium", in partnership with OpenSea and YOAKE entertainment

• OpenSea launches support for web3 game-specific "Ronin Network".

🎮GameFi

🐕Meme

• Bubb Memecoin Surges 1,000% in Support of Binance Co-Founder

• Trump boosts $TRUMP memecoin by $400 million with Truth Social post, price soars.

• OpenAI Releases Image Generator, Studio Ghibli Meme Coin Gets Attention

• Risk-on sentiment returns, meme coins surge

🤖AI agents

• OpenServ Publishes 2025 Roadmap

• Mintify Announces New Agentic Trading Copilot to Enable NFT and Alternative Token Text-on-Chain Execution

• Virtuals Protocol, a select ecosystem of investors, developers and researchers designed to empower AI agent founders, Virtuals PartnersNetwork (VPN) to launch.

• Masa releases X-Twitter Scraper, a free tool for searching trends, hashtags, cached tags and keywords in real time on X (Twitter).

State, legal and regulatory affairs

• Pakistan Considers Bitcoin Mining to Supplement Surplus Power Supply

• Crypto.com says SEC investigation is over, no plans to sue

• Wyoming begins testing its own stave coin, WYST, with LayerZero on multiple chains

• Senator Elizabeth Warren vehemently condemns stablecoin bill, accusing Donald Trump and Elon Musk of "fraud"

• US SEC formally ends Immutable investigation without action

• Financial disclosures reveal that SEC chair nominee Paul Atkins owned shares in Securitize and Anchorage Digital.

• Binance suspends employee for allegedly profiting from insider information

• Tether CEO says full audit by "Big Four" is "top priority" after hiring new CFO

• Regulators Suspend Ethena's USDe Table Coin Offerings in Germany

• Google Play removes apps from 17 unregistered crypto asset exchanges in Korea

• Tether CEO "positive" about stabled coins in the US amid regulatory changes and audit pressure

Other

• Blockdemon Reaches Acquisition Agreement with Expand Network, DeFi Infrastructure API

• Omakase Selected as BitGo's First Validator Partner in Japan

• Trust Wallet Reaches 200 Million Downloads Milestone

• Kraken Considering $1 Billion Debt with Goldman Sachs and JP Morgan Ahead of Possible IPO

• Coincheck Launches Coincheck Prime for Corporate and Institutional Investors

• SBI HD and US Circle to Establish Joint Venture to Promote "USDC" in Japan.

• Polymarket, a decentralized forecasting market, now Solana (SOL)-enabled

• Dogecoin Foundation's new corporate arm launches DOGE Reserve with purchase of 10 million tokens

• BlackRock expands BUIDL to Solana as assets under management exceed $1.7 billion

• BlackRock Launches First Bitcoin ETP in Europe

• Binance Identifies Market Maker Allegedly Selling MOVE, Uses Recovered Funds to Implement $38 Million Share Buyback Program

• Blockchain Group Buys 580 BTC, Largest Bitcoin Purchase to Date

• Revolut Releases Revolut X Mobile Cryptocurrency Trading App for Users in the UK and European Economic Area

• Polymarket says governance attack by UMA whales to hijack betting resolution is "unprecedented"

• Iore is considering entering the crypto asset finance business and acquiring an exchange business.Share price gets a stop.

• Sui-based distributed storage protocol Walrus releases mainnet

• HashKey and Bosera launch tokenized money market ETF as part of Hong Kong's "Project Ensemble" initiative

• Loyalty Marketing to Offer Nationwide NFT Collection "Outing Experience" Service with Avalanche-powered MUGEN Portal

• Trump Media Launches Cryptocurrency ETF on Crypto.com Amid CRO Controversy

• Custodia and Vantage Launch Avit, the First US Bank Issued Stablecoin on Ethereum

• Pi Network price plunges below $1 amid "fraud" allegations

• Fidelity tests its own stablecoin as it expands its virtual currency efforts

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Disclaimer：I carefully examine and write the information that I research, but since it is personally operated and there are many parts with English sources, there may be some paraphrasing or incorrect information. Please understand. Also, there may be introductions of Dapps, NFTs, and tokens in the articles, but there is absolutely no solicitation purpose. Please purchase and use them at your own risk.

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🇯🇵🇺🇸🇰🇷🇨🇳🇪🇸 The English version of the web3 newsletter, which is available in 5 languages. Based on the concept of ``Learn more about web3 in 5 minutes a day,'' we deliver research articles five times a week, including explanations of popular web3 trends, project explanations, and introductions to the latest news.

Author
mitsui
A web3 researcher. Operating the newsletter "web3 Research" delivered in five languages around the world.

Contact
The author is a web3 researcher based in Japan. If you have a project that is interested in expanding to Japan, please contact the following:

• X：@web3researchgl

• Telegram：@mitsui0x

*Please note that this newsletter translates articles that are originally in Japanese. There may be translation mistakes such as mistranslations or paraphrasing, so please understand in advance.