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According to Fortune, U.S. Senator Richard Blumenthal (Democrat, Connecticut) has sent a letter to the Department of Justice (DOJ) and the Financial Crimes Enforcement Network (FinCEN) requesting clarification on the status of two compliance supervisors at the world's largest cryptocurrency exchange, Binance.Previous reports indicated that internal investigators at Binance had warned executives that over $1 billion in funds were flowing to wallets associated with Iran, but were subsequently fired. Binance denies that the firings were related to the investigation results and claims that its compliance system is strict. Notably, the DOJ had previously terminated independent oversight requirements for Glencore and Boeing, raising concerns about whether the oversight mechanism has also been suspended for Binance. In 2023, Binance was fined $4.3 billion for deficiencies in anti-money laundering and sanctions compliance, and the two supervisors were part of the agreement at that time.

According to The Information, OpenAI plans to invest over $20 billion in servers powered by Cerebras chips over the next three years. It is reported that as part of the agreement, OpenAI will also acquire equity in Cerebras.Cerebras is known to be an American company specializing in AI chips and computing systems, primarily providing hardware and infrastructure for AI training and AI inference scenarios.

NVIDIA CEO Jensen Huang recently stated on the Dwarkesh podcast that the company chooses to invest broadly in a large number of tech companies rather than picking a few winners for two reasons: first, picking winners is not NVIDIA's responsibility; second, the company's own history serves as a lesson.Jensen Huang pointed out that when NVIDIA was founded, there were 60 3D graphics companies in the industry, and if one were to predict who would succeed at that time, NVIDIA would likely have been at the top of the least favored list. Currently, NVIDIA, as the world's most valuable company, has made extensive investments in AI ecosystems, biotechnology, robotics, and autonomous driving, holding shares in publicly traded companies such as CoreWeave, Intel, Synopsys, and Nokia.In the field of large language models, NVIDIA committed to investing up to $10 billion in Anthropic last November and announced a $30 billion investment in OpenAI this February. Jensen Huang stated at a March meeting that since both companies are about to go public, these might be NVIDIA's last rounds of investment in them.

According to market news, Circle has launched a new solution for high-frequency USDC payments across blockchains. Developers can use the Cross-Chain Transfer Protocol (CCTP) to have local fulfillers make advance payments on the recipient's designated chain, with the platform later completing cross-chain settlement.This model can reduce the operational burden caused by individual cross-chain transfers and is suitable for platforms that handle a large number of payments daily. Compared to the traditional CCTP process of destroying and minting USDC one by one, the new solution supports batch settlement, reduces the number of destructions on the source chain, and eliminates the need for signature infrastructure on the target chain. Circle also demonstrated the process based on the Arc Testnet and Ethereum Sepolia.

According to Decrypt, U.S. Senator Warren recently expressed concerns about Musk's planned payment platform X Money, stating that it could pose risks to consumer protection, national security, and the stability of the financial system.Warren pointed out that after acquiring and reshaping X, Musk is pushing it to become a "super app" that covers "all aspects of users' financial lives," potentially even replacing the traditional banking system. She questioned the performance of the X platform in terms of security and content governance, believing that this undermines its credibility in entering the consumer finance sector.Additionally, Warren criticized the current regulatory environment for becoming more lenient, including the "GENIUS Act" promoted by the Trump administration, which provides a "special pathway" for private companies to issue stablecoins, potentially weakening necessary regulatory constraints.

According to a report by CryptoSlate, the White House Economic Advisory Council recently released a research report indicating that banning the yield on stablecoins has very limited protective effects on bank loans, yet it significantly reduces consumers' ability to earn returns through digital cash. This conclusion directly challenges the core argument of the banking industry supporting the yield ban and provides new policy backing for the advancement of the CLARITY Act.Currently, Treasury Secretary Bessent and SEC Chair Atkins have both publicly expressed support for the bill, indicating a convergence of positions between the executive branch and regulatory agencies. However, the Senate Banking Committee has yet to announce a timeline for the bill's review, and political maneuvering remains the biggest variable.Analysts point out that if the committee can complete its review before the summer recess, the probability of the bill passing will significantly increase; otherwise, it will face the dual risks of election pressure and legislative delays.

According to the Senate Banking Committee's official website, next week (April 21) there is only one nomination hearing on the agenda, and there are no scheduled discussions/modifications for the anticipated digital assets or CLARITY Act.Additionally, Politico reports that Senator Thom Tillis will release the final draft this week, which is the last piece needed before the committee holds a markup meeting. The bill still needs to align with the Senate Agriculture Committee, pass the Senate's 60-vote threshold in a full vote (requiring Democratic support), and then coordinate with the House of Representatives.Some analysts point out that if a markup meeting is not scheduled between April 20 and 25, the midterm election politics could completely stifle the bill, as bipartisan cooperation would vanish entirely.

OpenAI announced the launch of the GPT-5.4-Cyber model, which is fine-tuned from GPT-5.4 for cybersecurity scenarios, reducing the refusal limits on security-related requests under specific conditions to support specialized operations such as binary reverse engineering.According to the introduction, the model is only available to vetted security vendors, corporate security teams, and researchers through the "Trusted Access for Cybersecurity" (TAC) program. OpenAI stated that the relevant layered mechanism will limit the scope of model usage and impose additional constraints on access in low visibility scenarios.

According to Decrypt, U.S. Senator Thom Tillis stated that the Senate is expected to release a revised draft text on stablecoin yield distribution this week.Currently, there is a disagreement between banks and crypto companies on whether cryptocurrency exchanges should be allowed to pay yields to stablecoin holders through reward programs, and this controversy has stalled the legislative process of the Clarity Act. The White House Council of Economic Advisers recently released a report stating that banning stablecoin yields would have a minimal impact on small banks, only increasing bank lending by 0.02%. However, the American Bankers Association believes this analysis underestimates the risks. Observers point out that if the draft provisions are too strict, it may lead users and liquidity to flow to other jurisdictions that allow yields.

XRP Ledger announced the integration of zero-knowledge infrastructure provider Boundless to support banks and asset management institutions in executing transactions on the public chain that balance privacy protection and compliance.According to reports, this solution can hide sensitive information such as transaction size, frequency, and counterparties, while still allowing regulatory agencies to conduct audits through selective disclosure and role-based access control, thus achieving a balance between privacy and compliance. This integration will support institutional scenarios such as cross-border B2B payments, fund and capital management, over-the-counter (OTC) trading, tokenized asset issuance, and on-chain trading and lending.Industry insiders believe that the contradiction between the transparency of public chains and the demand for privacy has always been a significant barrier to institutional adoption, and this solution aims to reduce the so-called "transparency tax." Meanwhile, competition in the privacy track continues to heat up. Technologies such as zero-knowledge proofs (ZK) and fully homomorphic encryption (FHE) are accelerating implementation, pushing privacy capabilities from optional features to underlying infrastructure. Data shows that the market size of tokenized assets has reached approximately $29.25 billion, with a monthly increase of about 7.9%.

According to the Financial Times, OpenAI investors are questioning its $852 billion valuation, stating that its strategy is shifting. Some OpenAI investors have indicated that these changes may make OpenAI vulnerable to threats from Anthropic and Google.

On Monday local time, the San Francisco District Attorney's Office stated that Daniel Moreno-Gama, the suspect who attacked OpenAI founder Sam Altman last week, has been charged with attempted murder. The Department of Justice announced that the suspect also faces federal charges, including attempting to use explosives to damage property and illegal possession of an unregistered firearm.According to the indictment submitted to the San Francisco federal court on Monday, Daniel Moreno-Gama was arrested after the attack on Friday, and officers from the San Francisco Police Department found a document on him detailing his intentions. In the document, Daniel Moreno-Gama expressed his intent to kill Altman and warned that humanity would be "on the verge of extinction" due to artificial intelligence.

Tom Duff Gordon, Vice President of International Policy at Coinbase, has left the company to join AI giant OpenAI as the head of policy for Europe, the Middle East, and Africa.Tom Duff Gordon worked at Coinbase for nearly 4 years and previously served as a banker at Credit Suisse for 8.5 years. A Coinbase spokesperson confirmed this change via email.

U.S. Senator Lummis stated on social media that the previous administration led to an outflow of the digital asset industry. She emphasized that now is the time to establish clear regulatory rules for the digital asset industry and welcome its return to the U.S., calling for the passage of the Clarity Act.

According to on-chain analyst Ai Yi's monitoring, the whale "enai.bnb" bought 46,336.76 tokens at an average price of $0.4556 on the second day after RAVE launched, holding them until 48 days ago when all tokens were transferred to Aster (at that time the token price was $0.39), with the purpose unknown; then, two days ago, 41,025 tokens were transferred out from Aster, now being the TOP9 holder on the BSC network. If he hadn't sold at that time, his return rate would have reached 462%, with an unrealized profit of $86,000.

U.S. Senator Cynthia Lummis stated that the United States should not continue to delay the legislative process of the CLARITY Act, or it may take nearly four years to push for improvements in the regulatory framework for the cryptocurrency industry again.She posted on social media platform X, saying, "This is our last chance to pass the CLARITY Act before at least 2030," and emphasized that "we cannot let the future of American finance be put at risk." The bill aims to provide a clearer regulatory structure for the cryptocurrency industry, clarifying the responsibilities of regulatory agencies to promote industry innovation and market development. With the U.S. midterm elections approaching, there are concerns that congressional priorities may shift, slowing down the legislative process.Former White House AI and cryptocurrency affairs head David Sacks also expressed support for advancing the bill as soon as possible, stating, "Now is the time for action," and anticipated that the relevant market structure legislation would ultimately be signed into law by the president. In the industry, several individuals, including Coinbase CEO Brian Armstrong, have recently called for an expedited legislative process, believing that clear rules will promote innovation and increase market participation. On the regulatory side, SEC Chairman Paul Atkins also expressed support for advancing comprehensive market structure legislation to avoid ongoing regulatory uncertainty affecting industry development.

Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that he was "deeply shocked" by the events of the past few days and accused Covenant AI founder Samuel Dare of causing serious harm to the protocol and community, betraying the trust of investors and users. He apologized to users who suffered losses due to the incident.Steeves stated that the original intention of Bittensor was to combat greed and selfishness in human nature, promoting AI to be collectively owned by all participants through a permissionless mechanism. He emphasized that while this incident exposed vulnerabilities in the system, it would also encourage the protocol and community to further enhance their risk resilience.Regarding future directions, Steeves proposed advancing the "Locked Stake" mechanism, introducing a "time + stake" commitment dimension at the protocol layer to improve transparency and investor protection, thereby reducing similar risks. He noted that this plan was originally designed with the participation of Samuel Dare.Additionally, he mentioned that the development related to subnets 3, 39, and 81 would continue to be driven by the community, and the overall functionality and vision would not change. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently and will continue to promote the development of open AI, with plans to move towards training larger-scale models. In the future, they will train a 1 trillion parameter model.