Gate News, March 12 — Today’s Cryptocurrency Market Highlights:
Backpack Token TGE (Token Generation Event) is scheduled for around March 23, with a more precise date to be announced tomorrow;
Across Protocol, supported by Paradigm, is exploring allowing ACX holders to exchange tokens for equity;
The Federal Deposit Insurance Corporation (FDIC) chairman stated that stablecoins will not receive any form of deposit insurance under the GENIUS Act (U.S. stablecoin regulation bill);
Hyperliquid crude oil perpetual contracts have nearly $1 billion in 24-hour trading volume;
Polymarket data shows U.S. intelligence assessments indicate that the Iranian leadership remains “largely intact”;
Avantis has launched a buyback and burn plan for AVNT tokens;
Pump.fun has registered subdomains on Base, BSC, Monad, and Ethereum, potentially expanding cross-chain.