Decentralized social network Bluesky announced the completion of a $100 million Series B funding round led by Bain Capital Crypto, with participation from existing investors. CEO Jay Graber stepped down to become Chief Innovation Officer. Bluesky aims to transform social media from centralized to open distributed networks.

AlphaTON Capital announces the acquisition of a 60% controlling stake in GAMEE, a gaming company under Animoca Brands, for a maximum of $11 million USD, with an overall valuation of $18 million USD. The two parties have also signed a strategic alliance agreement to jointly explore blockchain and social gaming sectors. The transaction will be completed within 30 days, including installment payments and earnout provisions.

ShareX launched TreasureX Season 2 on March 19, partnering with over 10 brands to release a $1 million rewards pool. Users can earn TreasureXP by participating in social tasks, with behavioral records influencing future token airdrops. S1 attracted over 870,000 users, and S2 builds upon this foundation by connecting online incentives with offline consumption.

ShareX Recently Launched TreasureX Season 2, a campaign featuring a 10 million USD reward pool and partnerships with multiple global sharing economy brands. The campaign introduces a social tasks module that allows users to earn TreasureXP by posting content and participate in reward pool distribution. The project also emphasizes the connection between behavior and assets, aiming to expand into IoT networks and bridge virtual and real-world consumption behaviors.

Cybersecurity firm Malwarebytes Labs has warned that a fake website pudgypengu-gamegifts[.]live is impersonating Pudgy Penguins game in an attempt to steal users' cryptocurrency wallet passwords. The phishing website mimics a legitimate wallet interface to deceive visitors. Users are advised to access official websites through trusted bookmarks and be cautious of social media links and wallet password prompts.

Gate News reported that on March 19, the European Commission's spokesperson for digital economy affairs, Thomas Rennier, confirmed that American social media platform X had paid a €120 million fine imposed by the EU last December before the deadline, and submitted a remedial plan regarding its "blue verification" feature. The spokesperson also stated that despite X's payment of the fine, the platform is still appealing this penalty.

Gate News Report: On March 19, Cuy Sheffield, head of Visa Crypto Labs, posted on social media that Visa Crypto Labs has launched its first experimental product, Visa CLI. This tool enables AI agents to securely pay for required fees while writing code without the need for API key-based card payments. Visa CLI is currently in the testing phase.

Trump clarified on Truth Social that the official name of his new bill is the "Save America Act," opposing references to it as the "Save Act." The bill aims to pave the way for midterm elections, with a Senate vote expected this week. Trump stated he will not sign other legislation until the bill passes.

A trader who successfully predicted Trump's election is betting that the Russia-Ukraine ceasefire will occur before 2027, investing $425,000, with the current ceasefire probability at 36%. His social media post indicates that consensus between Russia and the US to end the war is difficult to stop. Meanwhile, the US easing sanctions on Russian energy exports has triggered protests from Ukraine, and there are divisions within the EU.

Elon Musk's social media platform X has submitted remedial measures under pressure from the European Commission, following a €120 million fine for violations including irregular "blue checkmark verification." The EU pointed out issues with X's paid verification, insufficient advertising transparency, and non-compliant data access.