Gate News, March 12 — Today’s Cryptocurrency Market Highlights:
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Backpack Token TGE (Token Generation Event) is scheduled for around March 23, with a more precise date to be announced tomorrow;
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Across Protocol, supported by Paradigm, is exploring allowing ACX holders to exchange tokens for equity;
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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);
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Hyperliquid crude oil perpetual contracts have nearly $1 billion in 24-hour trading volume;
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Polymarket data shows U.S. intelligence assessments indicate that the Iranian leadership remains “largely intact”;
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Avantis has launched a buyback and burn plan for AVNT tokens;
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Pump.fun has registered subdomains on Base, BSC, Monad, and Ethereum, potentially expanding cross-chain.
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