This article summarizes cryptocurrency news from March 23, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Today's major events in the Web3 sector include: 1. Bitcoin miners' mining costs reach $88,000, with market price at $69,200, averaging 21% losses; 2. U.S. Senator proposes: ban prediction market sports betting and casino-style games; 3. USR stablecoin collapse: hackers mint $80 million in uncollateralized tokens, price plummets 70% triggering trust crisis.

On March 23rd, two U.S. senators plan to introduce legislation to prohibit prediction market platforms from listing contracts related to sports events, arguing that these markets infringe on consumer rights and tribal sovereignty, and requiring state governments to regulate gambling activities that could potentially lead to youth addiction. This move could reshape the regulatory landscape for sports betting and prediction markets.

Gate News reports that on March 21, Gala Games officially announced the launch of GalaChain's ecosystem expansion plan. Its decentralized exchange GalaSwap now supports bridging tokens from the Solana, TON, and Ethereum ecosystems onto the GalaChain network. According to the official statement, this move will enable cross-ecosystem asset access and interoperability, activate the community, and enhance the visibility of various project tokens.

As of March 21, the GameFi sector has a market cap of $4.515 billion, with FLOKI, The Sandbox, and Undeads Games ranking at the top. The Solana Foundation chairperson believes blockchain gaming performance has fallen short of expectations, and multiple institutions have previously invested substantial capital in this sector.

Solana Foundation president Lily Liu stated in a post that blockchain gaming is dead and will not make a comeback. This comment stems from attention to Meta's abandonment of its metaverse vision, despite having no direct connection to blockchain. Companies like Mythical Games and Gunzilla Games continue to advance related projects.

ByteDance and Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund, have reached an agreement to sell Moonton Technology for over $6 billion. Moonton is the developer of the MOBA mobile game Mobile Legends. This transaction reflects ByteDance's strategic focus shift toward the AI sector.

Meta announced it is withdrawing its decision to shut down the Horizon Worlds VR platform and will continue to keep the app on Quest headsets. Based on user feedback, existing VR games will continue to operate, but no new content will be added. With Meta's metaverse business facing losses, the company's future development focus will shift toward artificial intelligence and mobile experiences.

Shanda Games founder Chen Tianqiao posted a recruitment notice on LinkedIn seeking a CFO for his AI company MiroMind, emphasizing the importance of capital. The recruitment requirements include over ten years of experience and a top investment banking background, with the goal of enhancing large language model capabilities. MiroMind has also welcomed new scientists joining its core team.

Gate News, on March 12, MoonPay announced it will provide stablecoin signing bonuses to X Games league draft athletes. According to the cooperation plan, 40 athletes will receive a one-time reward of 2500 US dollars in XO Cash. XO Cash is provided by crypto wallet provider

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