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Gate Square recently launched the community event "Growth Value Lottery Issue 17." Users can accumulate growth values by completing interactive tasks in the community such as posting, liking, commenting, and participating in hot discussions. Every 300 growth values allows for one lottery entry, and both new and old users can participate, with a 100% chance of winning.This issue's prizes include a 10g gold bar, a Gate × RedBull building block racing car gift box, large position experience vouchers, transaction fee cashback vouchers, VIP exclusive experience cards, and other generous rewards.

X platform product head Nikita Bier stated that X will officially launch the complete algorithm recommendation feature based on Grok next week, and has characterized it as the "most significant change" the X platform has made to date.

According to Jinshi reports, Federal Reserve Governor Mian stated that the current policy of the Federal Reserve is incorrectly suppressing economic growth.

According to Bloomberg, the Bank of Montreal (BMO) announced the launch of tokenized cash and deposit services for institutional clients through the network of the largest derivatives exchange in the U.S., CME Group. This service allows clients to bypass traditional banking hours and achieve continuous fund transfers around the clock. Derek Vernon, Head of North American Treasury and Payment Solutions at the Bank of Montreal, stated, "Clients will be able to transfer funds whenever the market demands, rather than being restricted by banking hours."

According to Jinshi News, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, stated that the preliminary PMI index survey data for March indicates concerns over the slowdown in U.S. economic growth and rising inflation. Businesses report that uncertainty from conflicts and the cost of living have affected demand, while instability in financial markets and limitations on purchasing power have exacerbated the situation. The survey shows that consumer price inflation has risen to around 4%, suggesting that the U.S. may face the risk of stagflation, and the Federal Reserve needs to weigh the risks of rising inflation against weakening economic growth momentum.

The Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Michael S. Selig, announced the establishment of an Innovation Working Group aimed at developing clear regulatory rules for innovators creating new products and technologies in the U.S. derivatives market.This Innovation Working Group will collaborate with the Innovation Advisory Committee to advance the development of a clear regulatory framework, focusing on three areas: (i) crypto assets and blockchain technology; (ii) artificial intelligence and autonomous systems; and (iii) prediction markets and event contracts.The responsibilities of the working group include advancing the Commission's innovation agenda and collaborating with federal agencies and departments, including the U.S. Securities and Exchange Commission (SEC) and its cryptocurrency working group, to promote various innovation initiatives. The working group will be led by the Chairman's Senior Advisor, Michael J. Passalacqua.

On-chain analyst ZachXBT stated that Russian over-the-counter intermediary Aleksandr Khinkis (Aleks) has been accused of assisting a ransomware group in laundering money through a single cryptocurrency exchange account since July 2025. The related funds come from three suspected ransom payments, totaling 796 BTC, equivalent to over 4.7 million USD.On-chain forensics show that some of the Bitcoin was transferred to Avalanche via a cross-chain bridge, then split into about 75 transactions into his exchange deposit address 0xa756...06e. Additionally, approximately 16.6 million USD in related funds remains stored at the relevant addresses or platforms. ZachXBT stated that he has provided clues regarding the aforementioned addresses and fund flows to compliance and law enforcement agencies.

According to CoinDesk, fund services giant Apex Group announced that it will tokenize Omnes Mining Note (OMN) on the Base platform, a Layer 2 network under Coinbase. OMN is an institutional-grade structured note backed by Bitcoin mining power, aimed at professional non-U.S. investors, providing economic exposure directly linked to new Bitcoin production without the operational burdens of mining infrastructure, hardware, energy, and compliance.Each OMN corresponds to a fixed 1 PH/s of mining power, with a term of 36 months, and ownership is recorded on-chain through the ERC-3643 standard, which may potentially be used as collateral for permissioned lending in the future.

According to Arkham data, at 17:45, 620,300 LINK (worth approximately $5.71 million) was transferred from B2C2 Group to an anonymous address (starting with 0x434A...).

In the Gate contract sector, four TradFi products have entered the top three in market volume, covering precious metals and crude oil sectors. WTI crude oil XTIUSD ranks first with a market share of 65.75%; Brent crude oil also ranks first with a market share of 40.56%. In terms of precious metals, silver XAGUSD ranks third (share 7.92%); platinum XPTUSD ranks second (share 6.98%).Gate has fully launched a trading area for metals, stocks, foreign exchange, bulk markets, and indices in the contract sector, covering various contract trading targets including gold, silver, crude oil, euro, pound, Dow Jones Industrial, Hang Seng Index, etc. It supports 24/7 trading, with a maximum leverage of 100x, continuously providing users with a synergistic trading experience of crypto and traditional financial assets.

The Liberal Democratic Party of Japan today established the "Next Generation AI and On-Chain Finance Vision Project Group," founded by former Digital Minister Hirai Masaki, with former Ministry of Finance official and current chairman of the LDP Blockchain Promotion Parliamentary Alliance Kihara Seiji serving as director. The group is dedicated to formulating a national-level AI-driven on-chain finance framework, marking the formal inclusion of blockchain finance into the structural economic agenda of Japanese politics.Hirai Masaki stated in an interview that the integration of AI and blockchain will first impact the financial industry within a few years, saying, "This is not something that will happen in 5 to 10 years." He pointed out that while Japan already has infrastructure such as the JPYC stablecoin, the joint stablecoin projects of Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho banks, as well as tokenized deposits from Japan Post Bank, there is a lack of a unified blueprint among these components.The project's recent goal is to publish a white paper covering regulatory reform proposals such as trust law, deposit insurance, and KYC frameworks, and to incorporate these into the LDP's growth strategy and the government's annual fiscal policy guidelines, while also pressuring the Financial Services Agency and the Ministry of Finance to accelerate action from regulatory bodies.

According to The Block, Mizuho Financial Group has lowered the target stock price for cryptocurrency exchange Gemini from $26 to $12, a decrease of over 50%, citing that weak trading activity is expected to drag down its core business, despite continued growth in its credit card business.Analysts noted in the report that the weak outlook for cryptocurrency asset prices and declining platform trading volume may limit recent revenue growth. Mizuho has reduced its revenue expectations for Gemini in 2027 by about 24%, reflecting the overall weak trading environment in the cryptocurrency market.At the same time, the company's revenue structure continues to shift, with service revenue, including credit card and interest income, expected to account for 43% of total revenue, up from the previous expectation of 36%. The Gemini credit card is projected to generate over $1.2 billion in transaction volume in 2025, resulting in approximately $33 million in net income. Additionally, Gemini has laid off about 30% of its workforce and exited several international markets, expecting to reduce expenses by about 12% by 2027.

According to The Block, analysts from the research and brokerage firm Bernstein pointed out that Circle and Coinbase are the main tools for gaining exposure to the growth of stablecoins, due to the partnership between the two companies around USDC and the emerging role of stablecoins in smart agent payments, which could become an important driver of their future growth.In a report released on Monday, analysts led by Gautam Chhugani wrote, "We believe that smart agent payments provide an upside optionality for stablecoins. This is not a factor that currently has a substantial impact on the demand for stablecoins, but in the future smart agent economy, stablecoins may play a certain role." The analysts noted that so-called machine payments refer to transactions initiated, authorized, and completed by software or autonomous devices, rather than by human operation. These payments differ from automatic bill payments or subscription models; they are essentially programmatic, enabling real-time decision-making, price negotiation, and instant settlement without human intervention.Bernstein believes that stablecoins have a natural advantage in this environment because of their programmability, instant settlement capabilities, support for micropayments, and global reach. Payment logic such as escrow, conditional payments, or revenue distribution can be directly embedded in stablecoins, allowing smart agents to complete transactions without connecting to banks or waiting for confirmations.The report also pointed out that transactions can be settled in seconds, allowing AI agents to pay for computing power or data in real-time; high-throughput blockchains and state channels make large-scale micropayments economically viable; at the same time, stablecoins have cross-border attributes, eliminating the need to rely on SWIFT, correspondent banking systems, or foreign exchange conversions, thereby further reducing transaction costs.

According to the official announcement, Gate will launch a VIP rewards triple gift event from March 20 at 19:00 to April 3 at 23:59 (UTC+8), providing multiple incentives for trading users, asset holding users, and VIP advanced users. The event includes three main sections: trading cashback program, fund upgrade program, and VIP growth camp.Among them, in the trading cashback program, users with VIP level 5 and above who sign up will receive a level acceleration reward of VIP level +2 (limited to 15 days, up to VIP 10) if their cumulative contract trading volume reaches the specified amount within 30 days. At the same time, users who meet the cumulative contract trading volume requirements during the event period can also receive a 10% trading cashback voucher, capped at 800 USDT. In the fund upgrade program, users with VIP level 5 and above who meet the asset and net deposit conditions can unlock three fund benefits, including a maximum of 8% USDT wealth management interest rate voucher, a maximum of 20 GT airdrop rewards, and a VIP exclusive 30-day fixed-term wealth management gift of gold activity.In addition, the platform will simultaneously launch the VIP growth camp, providing advanced support for potential users. Users who meet the asset or trading conditions can sign up to receive a VIP 5 experience card (15 days); users who successfully upgrade to VIP 5 during the event period can also receive a VIP newcomer gift package and participate in sharing a 500,000 USDT airdrop prize pool.

According to the official announcement, Gate has released a new reserve report. The data shows that Gate's total reserve ratio has reached 122%, covering nearly 500 types of user assets. Gate continuously ensures the safety of user assets through a verifiable mechanism.It is worth noting that the BTC user asset scale is 17,216 coins, corresponding to a platform reserve of 25,404 coins, with a BTC reserve ratio as high as 147%. The excess reserve ratio has further increased from 40.69% to 47.56%. For other core assets, Gate also maintains sufficient reserves. The ETH user assets have increased from 337,565 coins to 358,121 coins, with the platform reserves rising from 419,320 to 439,611 coins, resulting in an excess reserve ratio of 22.75%. In terms of stablecoins, the USDT user asset scale has grown from 1.385 billion coins to 1.451 billion coins, with platform reserves at 1.477 billion coins, achieving an excess reserve ratio of 1.79%. The USDC user asset scale is 122 million coins, with platform reserves at 134 million coins, resulting in an excess ratio of 10.18%; the GUSD user asset scale is 108 million coins, with platform reserves at 320 million coins, resulting in an excess ratio of 196.5%. Additionally, the reserve ratios for major assets like GT and XRP are also significantly above the 100% reserve standard, reaching 136.84% and 116.54%, respectively. The latest reserve report released by Gate indicates that its core asset reserves are robust, providing solid support for the safety and stability of user funds.

Katie Haun, founder and CEO of the crypto venture capital firm Haun Ventures, stated in an interview with CNBC, "What is happening in the global payments space is essentially an arms race. Mastercard this week acquired the stablecoin infrastructure company BVNK for up to $1.8 billion, officially entering the stablecoin space. This is one of Mastercard's largest acquisitions ever. Stablecoins can transfer digital dollars instantly and frictionlessly on a global scale, which is a truly significant innovation. The transaction volume in this space has reached $12.5 trillion, and we believe this scale will only continue to grow in the AI era."On the regulatory front, Katie Haun mentioned, "This week, the CFTC and SEC jointly released guidance on what constitutes a security and what constitutes a commodity, which is a core issue in the crypto industry. I have heard that the Senate Banking Committee is advancing a compromise proposal that could be announced as early as today, and I am cautiously optimistic about it. But the key issue is that Congress effectively has only three working months left before the midterm elections, and they need to quickly push the CLARITY Act to a vote after the Easter recess." Speaking about the combination of AI and blockchain, Katie Haun stated, "AI agents will increasingly replace humans in executing transactions and payments. If you think AI agents will use the same payment systems as humans, I believe that is a mistake. Agents require 24/7, instant settlement on a global scale, and stablecoins are the infrastructure built for this new era."

Users on the X platform discovered a feature switch named enable_grok_computer in the source code of the Grok web page, speculating that xAI is preparing to launch a computer control intelligent agent "Grok Computer," which is equivalent to the "trial version" of the previously announced Macrohard project. In response, Musk confirmed in a post sharing related content that it is "coming out soon."Macrohard is an AI automation system jointly developed by Tesla and xAI, using Grok as a high-level reasoning engine, paired with an AI agent to process screen images and mouse and keyboard operations in real-time. Previously, reports indicated that data collection work for this project was paused last month.

According to Arkham data, at 23:54, 1000 PAXG (worth approximately 4.588 million USD) was transferred from Paxos to B2C2 Group.

According to Cryptonomist, financial services provider Apex Group Ltd. announced that it will adopt T-REX Ledger as its default multi-chain orchestration infrastructure, covering the ownership and compliance of tokenized assets across multiple blockchain networks.It is reported that the T-REX Ledger is a public, neutral infrastructure capable of aggregating and synchronizing investor records, compliance checks, and transfer control information across interconnected blockchains and traditional distribution channels.This ledger is built on the Polygon CDK and connects through Polygon's interoperability protocol Agglayer. Therefore, it enables real-time compliance synchronization across chains without any network relinquishing sovereignty or control over its environment.