Meme coin CLAWNCH surges over 30% in a short period, with a market capitalization of approximately $17.2 million.

Across's new proposal plans to convert the protocol from a DAO structure to a U.S. C-corp company, allowing ACX holders to choose between equity exchange or token purchase.

Across Community proposed a new plan on March 12th to transform the existing "DAO + Token" structure into a U.S. C-corp company, holding the protocol's intellectual property rights. ACX holders can choose to exchange for equity or sell tokens for USDC at $0.04375 per share, with plans to execute within 6 months.

Traditional Finance Alert: VIX Has Risen Over 3%

Gate News bot message: According to the latest Gate TradFi data, VIX has risen by 3% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.

Optimism's massive layoffs spread across the community! OP drops 55%, concerns arise over the future of the super chain

Ethereum Layer-2 network Optimism is undergoing more than 20% layoffs, according to internal employee discussions on social media. The layoffs involve multiple core departments, and the reasons are unclear, possibly to improve efficiency or respond to market pressures. The OP token has already fallen over 55% this year, and market sentiment remains cautious. The impact of these layoffs on the super chain project remains to be seen; in the short term, Base's operations are unaffected, but long-term development capabilities may face challenges.

PIXEL (Pixels) increased by 46.40% in the past 24 hours

Gate News Report, March 12 — According to Gate Market Data, as of press time, PIXEL (Pixels) is trading at $0.01, up 46.40% in the past 24 hours, with a high of $0.02 and a low of $0.00. The 24-hour trading volume reached $382 million. The current market capitalization is approximately $46.5 million, an increase of $14.7 million from yesterday. Pixels is a blockchain-based gaming platform where users can build games with native integrated digital collectibles. Players can interact with friends by managing estates, raising animals, harvesting energy, and more, earning rewards in the process. The platform supports players owning virtual land with blockchain-verified ownership, allowing them to create their own unique worlds. Pixels has over 10 million players, forming a large community of We

ACX (Across Protocol) surges 83.37% in 24 hours

Gate News Report, March 12 — According to Gate market data, as of press time, ACX (Across Protocol) is trading at $0.06, up 83.37% in the past 24 hours, reaching a high of $0.07 and a low of $0.03. The 24-hour trading volume is $153 million. The current market cap is approximately $43.1 million, an increase of $19.6 million from yesterday. Across Protocol is a fast, low-cost, secure cross-chain bridging protocol supporting cross-chain transfers of ETH, WBTC, USDC, and USDT. The protocol adopts a new cross-chain intent paradigm, enabling seamless connection between users and applications through user outcomes rather than explicit execution steps. Across operates on a modular three-layer system: quote request mechanism, competitive relay

Hyperliquid daily oil futures trading reaches 991 million, with a surge surpassing traditional markets amid Iran conflicts

DeFi derivatives platform Hyperliquid, amidst the Iran conflict, saw oil-linked perpetual futures trading volume reach $991 million, demonstrating the trading advantage of the crypto market when traditional markets are closed. The HYPE token experienced increased buyback demand due to a surge in trading volume, and its market capitalization also grew, reflecting active crypto trading influenced by geopolitical factors.