Yuhuan

Federal Reserve Board Member Mullan: The Fed's balance sheet is too large and should be reduced. Gate News reports that on March 30, Federal Reserve Board Member Mullan publicly stated that the size of the Federal Reserve's balance sheet (the total assets held by the Fed) is too large, and he hopes to shrink the Fed's balance sheet.

Gate News reports that on March 29, "Insider Whale " agent Garrett Jin posted on X platform stating that Trump has issued a 48-hour final ultimatum to Iran, demanding the full reopening of the Strait of Hormuz, with the situation clearly escalating. He summarized three key impacts of this move: First, the diplomatic buffer has been broken, and the previously low-key negotiations between Iran and Japan regarding the passage of ships are coming to an end; second, the nature of the conflict has escalated, and if strikes expand to civilian infrastructure such as power grids, it will strengthen Ira

BlockBeats News, March 28 — According to foreign media reports, two more oil tankers carrying liquefied petroleum gas (LPG) have passed through the Strait of Hormuz leaving the Persian Gulf heading to India. According to vessel tracking data, the Indian-flagged BW Tyr and BW Elm tankers, both fully loaded with LPG, were last located near the northern end of the Arabian Peninsula. Throughout the voyage, both ships used transponders to emit signals indicating Indian ownership and Indian crew members, which has become a standard safety measure. India heavily relies on imports of LPG from the Pers

Elon Musk: Grok Imagine will have major updates next week. Gate News reports that on March 27, Musk responded to the community on the X platform, stating that Grok Imagine will have significant updates next week. It is understood that Grok Imagine is a video generation tool built around the Grok chatbot by xAI.

Traditional Finance Upside Reminder: MARA (Marathon Digital) surged over 12%. According to Gate News, based on the latest Gate TradFi data, MARA (Marathon Digital) temporarily increased by 12%, with current volatility significantly higher than recent average levels, indicating increased market activity.

Kleiner Perkins Raises $3.5 Billion to Invest in Artificial Intelligence Market
According to Gate News, on March 25, venture capital firm Kleiner Perkins announced that it has raised $3.5 billion to support the artificial intelligence market. This fundraising includes $1 billion raised by its KP22 fund, as well as $2.5 billion for investing in growth-stage companies. Kleiner Perkins stated that market fundamentals are currently favorable for expanding investment scale, market development remains in its early stages, and artificial intelligence is helping today's startups iterate and develop at

Gate News reports that on March 24, Multicoin Capital announced that Spencer Applebaum and Shayon Sengupta have been promoted to partners and will jointly serve as heads of Multicoin Capital's venture investment business. Over the past several years, both have taken on increased responsibilities across various levels of the business. They not only continue to identify, initiate, and lead investment projects at higher frequency, but have also gradually assumed greater leadership roles in Multicoin's strategy, operations, and long-term development direction. Spencer and Shayon both joined the fu

Gate News reported that on March 23, early Kalshi employees Adhi Rajaprabhakaran and Noah Zingler-Sternig are raising up to $35 million for the newly established venture capital fund 5c(c) Capital, which focuses on investing in prediction market startups. Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan have both participated in the funding, with other early supporters including a16z co-founder Marc Andreessen, Ribbit Capital founder Micky Malka, and former Multicoin Capital managing partner Kyle Samani. The fund plans to invest in approximately 20 companies over the next two years, w

Bitcoin mining difficulty decreased by 7.76% to 133.79 T, the second largest drop in 4.5 years
Gate News reports that on March 22, according to Cloverpool data, on March 21 at 05:54:19 Beijing time, Bitcoin mining difficulty completed its adjustment at block height 941,472, with mining difficulty decreasing by 7.76% to 133.79 T. This is the second largest drop in 4.5 years, second only to the 11.16% decrease in early February this year.

Gate News reports that on March 21, according to Coinglass data, if Bitcoin's price breaks above $73,000, the total short liquidation strength across major CEXs will reach $834 million. Conversely, if Bitcoin drops below $69,000, the total long liquidation strength across major CEXs will reach $940 million. It is important to note that the liquidation chart does not display the exact number or value of contracts pending liquidation, but rather indicates the significance (i.e., strength) of each liquidation cluster relative to neighboring clusters. Higher liquidation bars suggest that when the

Gate News reported that on March 20, U.S. Republican Senator Cynthia Lummis posted on social media stating: "We have gone too far to return to a state of regulatory uncertainty. Digital assets represent the future, and now is the time for America to provide them with the development environment they need." Previously, Cynthia Lummis posted that she met with Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC, the federal agency responsible for regulating derivatives markets), to discuss digital asset market structure issues. Lummis stated: "Mike Selig understands the ur

Gate News: On March 19, if the proposed CLARITY Act passes, a certain CEX may face restrictions on providing stablecoin rewards, which could impact its strategy of attracting users through digital dollar incentives. The bill has been stalled in Congress since January and aims to establish a regulatory framework for stablecoins, with one contentious point being whether companies can share yields with stablecoin holders. While the bill prohibits direct interest payments, analysts believe alternative structures could still potentially allow rewards to reach users. Despite the potential ban, analy

Senator Lummis: Clarity Act Will Be Completed Before Year-End, Expected Review in Late April
Gate News, March 18 — According to reports from crypto journalist Eleanor Terrett, Senator Lummis stated that the Clarity Act (cryptocurrency regulatory legislation) will be completed before year-end no matter what. She also indicated that the Banking Committee is expected to review the legislation in late April following the Easter recess.

Gate News reports that on March 17, Joe Kent, director of the U.S. National Counterterrorism Center, announced his resignation effective immediately on Tuesday. Kent stated that he "cannot in good conscience support the ongoing Iran war," citing that Iran does not pose a direct threat and that "it is clear this war was provoked by us under pressure from Israel and its powerful American lobbying groups." Earlier this month, remarks by U.S. Secretary of State Rubio sparked controversy among the President's supporters when he stated that Israel insists on launching an attack against Iran, thereby

Barclays Adjusts Expectations: Bank of England May Keep Rates Unchanged in March, Previously Expected 25 Basis Points Cut
Gate News reports that on March 16, Barclays Bank adjusted its expectations for the Bank of England's monetary policy, believing the Bank of England will maintain rates unchanged in March, whereas the institution previously expected the Bank of England to cut rates by 25 basis points.

Gate News report: On March 15, Israeli Defense Forces military spokesperson Defrin stated that military operations against Iran will continue for at least three more weeks, with thousands of targets still pending strikes. Defrin said: "We have thousands of targets ahead of us. We are prepared and coordinating with our American allies, with the operation plan covering at least until Passover (approximately three weeks from now). After that, we have more in-depth plans lasting three weeks or more." He stated that the Israeli Defense Forces do not work according to a timeline, but rather to achie

Gate News, on March 14, Anthropic announced that Claude Opus 4.6 and Claude Sonnet 4.6 are now officially fully available, with both models supporting a 1 million Token context window. This capability was previously in Beta phase and is now available to users with pricing remaining unchanged. Regarding pricing, Opus 4.6 maintains 5 dollars per million input Tokens and 25 dollars for output, while Sonnet 4.6 is 3 dollars and 15 dollars respectively, with consistent unit pricing from the first to the millionth Token. In the long context capability test MRCR v2, Opus 4.6 achieved 78.3% accuracy,

Gate News reports that on March 13, the UAE stated that the country was hit by 7 missiles and 27 unmanned drones on Friday. On the same day, Abu Dhabi National Oil Company set the official selling price of Murban crude oil for April at $69.45 per barrel. Meanwhile, crypto KOL "Lin Wanwan's Cat" revealed that recently some family offices from the Middle East have been in contact with Singapore, planning to relocate funds to the region, with some Dubai family offices already beginning to discuss implementation details. However, the entry of relevant funds into Singapore still requires compliance

Gate News: On March 12, Tether CEO Paolo Ardoino stated that Tether has built an internal Bitcoin-dedicated dashboard for internal team use to promote Bitcoin adoption and education globally. The dashboard covers multiple dimensions including Bitcoin on-chain users, balances, and transactions. According to the data, Bitcoin's monthly active on-chain receiving addresses reached 4.7 million, the total asset value of on-chain users holding balances above $1 is approximately $1.6 trillion, and the daily on-chain transfer volume is approximately 728,700 transactions.

Gate News Report, March 10 — According to BlockSec monitoring, a suspicious transaction targeting the MT-WBNB liquidity pool was detected on BSC, with an estimated loss of approximately $242,000. The vulnerability stems from a flaw in the buyer restriction mechanism: under deflationary mode, normal buy operations are rolled back, while routers/trading pairs are whitelisted. This allows attackers to bypass restrictions through router swaps and liquidity removals to acquire MT from the trading pair. The attacker then sells MT to accumulate pendingBurnAmount and calls distributeFees() to directly