Phantom launches MCP server, supporting AI autonomous signing of transactions, quote swaps, and token transfers

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.

Gate News March 12 Highlights: Backpack token TGE date confirmed, Hyperliquid crude oil contract trading volume nearly $1 billion

The March 12 crypto market news includes the Backpack token TGE scheduled for March 23, Across Protocol exploring the exchange of ACX tokens for equity, FDIC Chairman stating that stablecoins will not be covered by deposit insurance, Hyperliquid crude oil contract trading volume nearing $1 billion, and more.

OpenRouter launches two anonymous Stealth models, and the community speculates they may be new products from Zhipu, DeepSeek, or Kimi.

OpenRouter launched two anonymous models, Hunter Alpha and Healer Alpha, on March 12, both available for free. Hunter Alpha is a 1 trillion parameter text model focused on long-term planning and complex reasoning; Healer Alpha is a multimodal model supporting visual and audio inputs. The community has various speculations about the identities of these models, but no official confirmation has been provided.

Avantis launches AVNT token buyback and burn plan, with 30% of trading revenue used for buybacks

Gate News Announcement, March 12, Avantis announced on the X platform the launch of the AVNT token buyback and burn plan. According to the plan, Avantis will use 30% of the daily trading revenue (including opening fees, closing fees, and profit fees) to buy back and burn AVNT tokens on the open market. This mechanism is now officially in effect. Additionally, the official statement indicates that after future protocol efficiency upgrades, the buyback ratio is expected to increase to over 50%, with an expected implementation before the end of the second quarter of 2026.

Foundry is preparing to launch a Zcash mining pool in April

Foundry Digital will launch a mining pool for privacy-focused cryptocurrency Zcash in April, expanding beyond its Bitcoin operations. The new pool aims to support institutional miners with compliance features and operational infrastructure, responding to Zcash's growing status as an organizational asset.

Pump.fun registers subdomains on Base, BSC, Monad, and Ethereum, or will expand to multiple chains

Gate News Report, March 12 — According to on-chain data monitoring, Pump.fun has registered subdomains on Base, BSC, Monad, and Ethereum. At the same time, Pump.fun also removed the Solana logo from its X platform account homepage. The market believes these actions may be early signals of the platform's multi-chain expansion.