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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.

According to monitoring by an on-chain analysis platform, trader 0x8844 sold 1,934 XAUT at a price of $5,037 each one month ago, making a profit of $1.74 million. About two hours ago, the trader again used $9.74 million to buy 4,093 ETH at a price of $2,380 each.

According to on-chain analyst ZachXBT, a counterfeit Ledger Live application was launched on the Apple App Store, resulting in over 50 users' assets being stolen, with total losses amounting to approximately $9.5 million, involving various assets such as Bitcoin, EVM chain assets, TRON, Solana, and XRP.The stolen funds were subsequently transferred through more than 150 KuCoin deposit addresses and laundered using a centralized mixing service called AudiA6. Data shows that the largest single loss reached $3.23 million. The application has recently been removed by Apple.

According to Onchainlens monitoring, a certain whale has closed its BTC long position established on March 8 today, with a profit of over 1.88 million dollars from this transaction. The whale then withdrew all its funds from HyperLiquid.

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.

According to on-chain analyst Onchain Lens, a certain whale exchanged 2,831 ETH (approximately 6.67 million USD) for 90.46 WBTC after being dormant for 2.5 months.The whale currently still holds 21,733 ETH, worth approximately 51.46 million USD.

According to on-chain analyst Yu Jin (@EmberCN), a certain whale address purchased 2,698.5 ETH for $2,205 each, using 1,265 XAUt (approximately $5.95 million) 11 hours ago. Subsequently, ETH experienced a rise, and the whale's position gained approximately 7% in unrealized profit within 11 hours, amounting to about $430,000.

According to DL News, several "revenge intermediary" organizations in South Korea that use cryptocurrency as a payment method have been active recently. These organizations take orders via Telegram, providing services such as intimidation, assaults, and even murders disguised as accidents, requiring clients to pay a 50% deposit in USDT, and promising to send action videos recorded by body cameras via Telegram.Although the main suspect was arrested on April 3, related online advertisements continued to be published on April 13. The South Korean police have launched investigations into over 50 related cases this year, arresting about 30 people, and determining that all cases involve cryptocurrency payments.

Cryptocurrency exchange Kraken has stated that it is being extorted by a criminal organization, which threatens to release videos of its internal system access. The company emphasizes that there has been no systemic breach, customer funds remain secure, and it will not pay a ransom to the attackers.Kraken disclosed that the incident stemmed from improper access by personnel related to the customer service team, occurring in two separate incidents, involving limited data access for approximately 2,000 accounts (about 0.02% of total users). The company has identified the individuals involved and terminated their access, while also notifying affected users and strengthening security controls.Kraken's Chief Security Officer Nick Percoco stated that the company is cooperating with law enforcement to investigate and believes it has evidence to track and arrest the individuals involved. The current attack shows a trend of "internal infiltration + social engineering," reflecting the ongoing security challenges faced by the cryptocurrency industry in a high-value asset and complex technological environment.

Investment bank William Blair stated that after a decline of about 26% from its peak in the first quarter, Coinbase has basically completed its de-risking, and the market's expectations for its weak trading volume and revenue have been fully reflected in its stock price.Analysts pointed out that although the trading data in the first quarter was weak, it had limited impact on market sentiment, and the company is enhancing its competitiveness through a "full-service trading platform" that includes derivatives, staking, stock trading, and prediction markets. The report emphasized that the continued growth of the stablecoin USDC is a core positive, with its market share rising to about 27%, a significant increase from around 21% in 2024, and it continues to capture market share from USDT.William Blair believes that the expansion of USDC brings synergistic benefits to Coinbase and its issuer Circle, and is optimistic about the latter's long-term value in stablecoin payment and trading scenarios. At the same time, institutions believe that the probability of a long-term downturn in the cryptocurrency market is low, and Coinbase has "asymmetric upside potential" in the market recovery.

According to Crypto in America, former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, known in the industry as "Crypto Dad," announced at the end of April that he officially stepped down as a senior advisor at Willkie Farr & Gallagher, transitioning to focus on digital asset strategic consulting, private investment, and public policy research.Giancarlo has been deeply involved in the firm for six years, leading the development of its cryptocurrency legal practice. Additionally, his new book "CryptoDad's New Adventures: The Path to Financial Freedom in the 21st Century" is expected to be published this October, documenting the evolution of the cryptocurrency industry through the 2024 election and into Trump's second term.

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average down 0.5%, the S&P 500 down 0.22%, and the Nasdaq Composite down 0.26%. Goldman Sachs opened down 3.08% after releasing its quarterly earnings report; most large tech stocks fell, with Nvidia down 1.45% and Apple down 0.28%.

Today, Bitget, in collaboration with media outlet Rhythm, held an online live broadcast themed "Dialogue with Bitget Executives: A Comprehensive Breakdown of the SpaceX Ticket, from Capital Privilege to Universal Sharing," providing a systematic interpretation of the product mechanisms of IPO Prime and preSPAX.Ken, the product head of Bitget IPO Prime, stated that IPO Prime is not the traditional "new coin listing," but rather utilizes digital tokens issued by the regulated issuer Republic to transform the high-threshold, low-liquidity non-standard assets of the primary market into priceable, tradable, and exit-able digital products.Ken pointed out that Pre-IPO opportunities have long been scarce, not only because the targets are of high quality but also due to the inherent high thresholds, strong circles, and low liquidity issues in the primary market. The launch of IPO Prime by Bitget aims to provide users with the opportunity to access potential economic benefits before the listing of unicorn companies through clearer product design and trading mechanisms within a compliant framework.The first phase of the preSPAX launched is an important attempt in this direction, focusing on providing users with a more flexible and tradable participation path.He further stated that from crypto trading to UEX, and now extending to the primary market, Bitget has been continuously pushing the boundaries of trading. In the future, the platform hopes to do more than just list more assets; it aims to further bridge the previously fragmented opportunity structures between different markets, allowing users to access earlier, higher quality, and more diverse global asset opportunities within the same system.

According to CoinDesk, researchers from the University of California, Santa Barbara, the University of California, San Diego, blockchain security company Fuzzland, and World Liberty Financial have jointly published a paper warning that "LLM routers"—intermediary services located between users and AI models—have become a significant security risk for crypto assets.The researchers found that 26 LLM routers are secretly injecting malicious tool calls and stealing user credentials, with one incident leading to the emptying of a customer's crypto wallet worth $500,000.Additionally, the researchers were able to control about 400 downstream hosts within hours by "polluting" the router ecosystem. Since sensitive data such as private keys and API credentials are often transmitted in plaintext through these routers, users are effectively exposing their assets to risk without their knowledge.The researchers pointed out that as McKinsey predicts AI agents will mediate $30 trillion to $50 trillion in global consumer spending by 2030, Binance founder Changpeng Zhao also predicts that the payment volume of AI agents will be a million times that of humans. The current infrastructure security is severely lagging behind the pace of industry development, and the risk of the "weakest link" could trigger a systemic chain crisis.

According to The Block, Circle CEO Jeremy Allaire stated that Circle will not freeze USDC wallets unrelated to legal proceedings.At a press conference in Seoul, South Korea, on Monday, Allaire responded to ongoing online criticism regarding whether the company should freeze USDC funds in light of hacking and vulnerability incidents. The controversy became more pronounced earlier this month when the decentralized finance protocol Drift suffered an attack of approximately $280 million, which is believed to be related to a six-month-long attack carried out through complex social engineering techniques, possibly involving a North Korean-affiliated hacking group.Prominent on-chain analysts, including on-chain investigator ZachXBT, publicly criticized Circle for not freezing approximately $230 million in USDC funds. These funds were reportedly transferred from Solana to Ethereum via Circle's cross-chain transfer protocol.

According to Gate market data, in pre-market trading of US stocks, star technology stocks generally softened, with Micron Technology down 1.7%, Broadcom down 1.5%, and both AMD and NVIDIA down 1.4%.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a certain whale withdrew 7,100 ETH (approximately 13.87 million USD) from Binance at an average price of 1,954 USD on February 20, and two hours ago transferred 7,050 ETH to a CEX, which would yield a profit of 1.647 million USD if sold.

According to official data reports, the number of users on the AINFT platform has officially surpassed 700,000. The continuously rising user base and the ever-evolving capabilities of AI models are driving its accelerated growth into one of the leading AI platforms in the Web3 space. Currently, AINFT has made AI models that can be directly put into production available to users and fully supports the execution of on-chain automated workflows, helping to achieve a rapid closed loop from creative conception to on-chain implementation. Relying on an increasingly robust community and an open technical architecture, AINFT will continue to lower the barriers to using Web3 AI, empowering more innovative applications for efficient deployment.

According to market news, researchers from the University of California recently disclosed that some third-party AI large language model (LLM) routers have security risks that could lead to the theft of cryptocurrency assets. The research shows that LLM routers, acting as API intermediaries, can read plaintext information, and some routers have been found to inject malicious code and steal credentials.The team tested 28 paid and 400 free routers, finding that 9 routers actively injected malicious code, 2 deployed evasion triggers, and 17 accessed Amazon Web Services credentials. Some routers even transferred ETH using the researchers' Ethereum private keys.The study pointed out that the malicious behavior of the routers is difficult to detect, and some AI agent frameworks' "YOLO mode" can automatically execute commands, increasing security risks. The research recommends that developers should not allow private keys or mnemonic phrases to be transmitted through AI agents and calls on AI companies to encrypt signatures in responses to enhance security.