The White House has demanded that ABC News retract its report on a potential Iranian attack on California, stating it exaggerated the threat and relied on unverified information. While California's government has made preparations to respond, no imminent threat has been identified. Meanwhile, Iranian drones have become increasingly important in Middle East warfare, and cryptocurrency has also played a role in related supply chains. This incident demonstrates the critical importance of drones and digital currency in modern warfare.

U.S. Senate Majority Leader John Thune stated that digital asset market structure legislation is not expected to advance before April, as the Senate will prioritize the Save America Act. This timeline differs from the expectations of the Ohio senator. While the Agriculture Committee has advanced the bill, the Banking Committee's proceedings have been delayed, and the White House has not reached any agreement.

Gate News report states that on March 12, according to "Federal Reserve mouthpiece" Nick Timiraos, if Federal Reserve Chair Powell's term ends, the White House appears likely to oppose or challenge his status as an interim chair (i.e., the title of "acting chair").

ARK Invest and Unchained Release White Paper Analyzing Progressive Quantum Computing Threat to Bitcoin, Proposing Five-Stage Framework. The report emphasizes that despite technological advances, the current Bitcoin network is not yet under threat, and the community should proactively deploy quantum-resistant security measures to address potential future risks.

Trump's digital asset advisory team pointed out that stablecoins regulated under the GENIUS Act are expected to bring new capital inflows to the U.S. banking system, but the banking industry remains cautious about their potential deposit-raising schemes. Although the crypto industry believes regulation should focus on the use of funds, the yield mechanism of stablecoins remains a legislative point of contention. The White House is seeking to establish a new consensus on stablecoin policies.

The decentralized trading platform of the Sui ecosystem, Bluefin, launched Bluefin Liquidity Network (BLN) and Bluefin Whitelabel on March 9. The former supports other protocols to use its trading and liquidity infrastructure, while the latter allows partners to customize branded trading platforms. The first batch of partners includes Vera and t2000ai.

On March 8th, the discussion of the U.S. CLARITY Act sparked debates between the banking industry and White House officials. The president of the Texas Independent Bankers Association stated that a compromise would impact the local economy, while White House advisors warned that no compromise could lead to disastrous consequences.

Solana Policy Institute President Kristin Smith commented on the legislative progress of the "Clarity Act," stating that despite facing resistance, the complexity of the bill ensures its long-term viability. The involvement of the White House and traditional financial institutions in negotiations are new features. If the Senate can complete review by March or April, there is hope to push the legislation forward before July. Trump's support also increases the likelihood of the cryptocurrency legislation passing.

The White House released "President Trump's Cyber Strategy," emphasizing cyber offense, defense, and deterrence, and for the first time mentioning the protection of cryptocurrencies and blockchain. The strategy will target transnational cybercrime, expand cyber operation authorities, mobilize the private sector, and promote AI-driven defense systems.

Solv Protocol announced a vulnerability in its single BRO Vault, affecting fewer than 10 users with a loss of approximately $2.7 million in SolvBTC. Other funds are secure, and preventive measures have been taken. The official team has contacted the hacker and will offer a 10% white-hat bounty in exchange for the return of the funds.