according to Nikkei News on Tuesday, Mitsubishi UFJ Financial Group, which operates Mitsui Sumitomo Bank, plans to collaborate with Ava Labs and Fireblocks to launch a stablecoin. The team behind Avalanche, Ava Labs, intends to use blockchain technology to establish the "foundation" of the stablecoin, while the crypto security company Fireblocks will provide token development management system. The banking giant plans to collaborate with local IT company TIS to conduct experiments on the project in the second half of 2025 and may issue the stablecoin next year.

according to Ember's monitoring, a whale who bottomed out and hoarded 160,710 AAVE tokens at a price of $89 in June to August 2024, transferred 43,500 AAVE tokens (worth about $7.48 million) to FalconX in the past 30 minutes.

According to Defillama data, Jupiter's revenue reached $3.13 million in the past 24 hours, surpassing various protocols and public chains such as Hyperliquid and Tron. Currently ranked third on the cryptocurrency revenue list.

The article from Alibaba Research Institute stated that DeepSeek is a strong support for the value of open-source large models: standing on the basis of open-source large models such as LLaMa and Qianwen, DeepSeek has explored the inherent potential of large models through more ingenious engineering design and achieved performance surpassing. However, on the other hand, if open source is to truly become the dominant development model for large models, another important issue that cannot be avoided is the reform of the risk governance of open-source large models, that is, whether we can innovate open-source governance mechanisms to respond to the risk concerns that may arise after the open source of large models. (Alibaba Research Institute)

Andrei Grachev, a partner at DWF Labs, posted on the X platform stating that four projects contacted us yesterday. DWF Labs will allocate $16.5 million to repurchase tokens from the market. Once completed, the on-chain proof will follow.

 US stock index futures turned lower, with S&P 500 index futures down 0.23%, Nasdaq futures down 0.17%, and Dow futures down 0.31%. It is reported that the White House plans to impose a 20% tariff on most goods imported into the US. (Jinshi)

On March 11th, the public chain Zilliqa stated on X platform: "Zilliqa 2.0 will bring significant changes to the ZIL token. This week, we will delve into the token economics on the new and more efficient Zilliqa network."

Market news: Singapore Exchange will list open-ended Bitcoin futures contracts.

according to the official page, Binance Alpha has launched ZETA and SAFE.

Zhao Changpeng wrote in X, saying: "BNB Chain, I have been waiting for the AI speculation to calm down, and then start promoting BNB AI. The real builders will move forward after the hype ends."

Naeem Aslam, an analyst at Zaye Capital Markets, pointed out in a report that the price of Bitcoin has fallen due to the uncertainty in US regulations and the general risk aversion affecting cryptocurrencies. A cryptocurrency summit held at the White House last Friday did not reveal any details of President Trump's regulatory plans for the industry. Aslam stated that the market is also dealing with concerns about global trade tensions and expectations of a possible weakening US economy.

The market shows BTC breaking through $92,000, now trading at $92,014.09, with a 24-hour increase of 7.1%. The market is fluctuating significantly, so please manage your risks carefully.

The firm notes that the anticipated excitement for this market cycle has not materialized yet. A significant observation is the continuous decrease in Google search interest for cryptocurrencies. Compared to previous market peaks, search trends for cryptocurrencies are significantly lower, indicating a decline in public curiosity. Wikipedia searches related to cryptocurrencies also show a similar trend, with searches not reaching previous cycle highs and starting to decrease in recent months. The lack of public interest in cryptocurrencies could be due to various factors such as global macroeconomic conditions, market sentiment, or the delayed arrival of the expected euphoria.

Kraken has officially obtained an Electronic Money Institution (EMI) license issued by the UK Financial Conduct Authority (FCA), which will accelerate Kraken's growth plans in the UK and drive the launch of new products and services for local customers.

According to the fault tracking website Downdetector.com, thousands of users in the United States and the United Kingdom experienced issues with the social media platform X. According to Downdetector's data, there were over 21,000 reports of platform issues in the United States and over 10,800 in the United Kingdom. Downdetector's data is based on user-submitted reports. The actual number of affected users may vary. (Jinshi)

according to The Washington Post, White House aides have drafted a proposal to impose tariffs of about 20% on most goods imported into the United States.

Bubblemaps officially announced that they will airdrop BMT tokens to V2 users, and the airdrop query has been opened. Eligible users are selected from the top-ranked users through a lottery system, and the witch detection algorithm is used to filter out spam and bot behavior.

On March 10th, according to Decrypt, Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, proposed that the US government could purchase Bitcoin in several budget-neutral ways when implementing the latest executive order from President Trump. Kendrick detailed these strategies, stating that they would avoid "additional costs to American taxpayers," a practice that Trump had already banned when establishing a strategic Bitcoin reserve last week. In a research report last Friday, Kendrick wrote that the Trump administration could achieve this by "selling gold," utilizing the US Treasury's so-called Exchange Rate Stabilization Fund (ERF), or incorporating budget-neutral plans into Senator Cynthia Lummis's proposed 2024 "Bitcoin Bill." According to data from the World Gold Council, the US government currently holds 8133.46 tons of gold reserves. At current prices, this batch of gold is worth approximately $758 billion.

SlowMist monitoring reported that the total estimated losses from Web3 security incidents in February 2025 reached $1.681 billion. The SlowMist blockchain hacker database has recorded a total of 15 hacking incidents, resulting in approximately $1.676 billion in losses, with $52.45 million frozen or recovered.