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Backpack is planning to conduct its TGE around March 23 and will provide further updates tomorrow.

2 hours ago

On March 11th, Backpack CEO Armani Ferrante announced during an official Twitch livestream this evening that the token’s TGE date is tentatively set for around March 23rd. A more precise official date will be revealed tomorrow, March 12th—stay tuned to official channels for the formal update. Per data from PolyBeats monitoring, on Polymarket (the prediction platform), the probability that Backpack’s TGE will occur before December’s end has hit 100%. Meanwhile, the likelihood of the TGE happening before March wraps up has spiked sharply, now sitting at 93%.
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Bittensor Infrastructure Project General Tensor Completes $5 Million Funding Round, Led by Good Morning Holdings

On March 12, General Tensor—formerly known as General TAO Ventures, an infrastructure project within Bittensor’s ecosystem—closed a seed round and an oversubscribed pre-seed round, totaling $5 million in financing. The seed round was led by Good Morning Holdings, with backing from Goldman Sachs. The pre-seed round, completed in December 2024, was led by Lvna Capital, with participation from Digital Currency Group (DCG), X Ventures, Proof of Talk, and Outliers Fund. Founded in early 2024, General Tensor focuses on building mining, validation, and subnet operation infrastructure for Bittensor, a decentralized AI network.

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Trump on Iran: The U.S. Could Hit More Targets if We Wanted

March 12 — Former President Donald Trump, speaking about Iran, said the U.S. could strike additional targets if it chooses to. He noted there are items the U.S. left in Iran that can be retrieved. Trump also claimed the U.S. has nearly destroyed all of Iran’s Bremer boats, and stated he is not concerned about Iran-backed domestic terrorist attacks in the U.S. (IG)

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The United States is set to announce a new Section 301 trade investigation on Wednesday.

The U.S. will announce a new Section 301 trade investigation Wednesday local time, The New York Times reported March 12. After a Supreme Court ruling that struck down some tariffs, the Trump administration has turned to Section 301 to launch a new round of trade probes and potential tariffs.

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Drift Announces Multi-Chain Deposit Feature

March 12: Solana-based DeFi protocol Drift has launched cross-chain deposit functionality, enabling users to transfer funds from any major trading platform to begin trading on its platform.

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Ghana Approves 11 Companies to Join Regulatory Sandbox, Testing Cryptocurrency and Digital Asset Services

On March 11, Ghana’s Securities and Exchange Commission (SEC) announced it has approved 11 companies to join a regulatory sandbox for testing cryptocurrency and digital asset services under the country’s Virtual Asset Service Provider (VASP) Act.

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Strive to Increase SATA Preferred Stock Dividend to 12.75%, Purchase $50 Million Worth of Strategy Perpetual Preferred Stock (STRC)

March 11 – Bitcoin treasury firm Strive has raised the dividend on its SATA preferred stock to 12.75% and acquired $50 million worth of Strategy perpetual preferred shares (STRC) plus additional Bitcoin. Earlier today, reports emerged that Strive increased its Bitcoin holdings by 179.12 BTC (valued at ~$12.35 million). Its current total Bitcoin holdings stand at 13,310.9 BTC, ranking 11th among corporate Bitcoin holders.

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