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On April 1, White House Press Secretary Levitt announced that President Trump will deliver a national address at 9 PM Eastern Time tomorrow (9 AM Beijing Time Thursday), providing important updates on the situation in Iran. (Jinshi)

[Trump to Deliver National Address on Iran Issue Thursday Morning]On April 1, White House Press Secretary Levitt announced that President Trump will deliver a national address at 9 PM Eastern Time tomorrow (9 AM Beijing Time Thursday), providing important updates on the situation in Iran. (Jinshi)

Trump to Deliver National Address on Iran Issue Thursday Morning

On April 1, Federal Reserve Governor Michael Barr stated that the development of stablecoins must be built on strict regulation and warned that without effective constraints, the long history of problems caused by 'private currencies' could be repeated. In his remarks, Barr pointed out that although the 'GENIUS Stablecoin Act' has provided an initial regulatory framework for the industry, the key lies in subsequent enforcement, including ongoing monitoring of reserve assets and mechanisms to prevent illegal uses. He emphasized that stablecoins can only be truly considered 'stable' if they can maintain par value redemption under various market conditions. The liquidity and safety of reserve assets are particularly critical during market pressures or when the risks of the issuer themselves increase. Additionally, Barr noted that stablecoin issuers have the incentive to increase yields for profit, which may lead them to take on higher risks in reserve asset management, thereby posing a potential threat to financial stability. (The Block)

[Fed's Barr Warns of Stablecoin Risks, Calls for Enhanced Regulation and Reserve Scrutiny]On April 1, Federal Reserve Governor Michael Barr stated that the development of stablecoins must be built on strict regulation and warned that without effective constraints, the long history of problems caused by 'private currencies' could be repeated. In his remarks, Barr pointed out that although the 'GENIUS Stablecoin Act' has provided an initial regulatory framework for the industry, the key lies in subsequent enforcement, including ongoing monitoring of reserve assets and mechanisms to prevent illegal uses. He emphasized that stablecoins can only be truly considered 'stable' if they can maintain par value redemption under various market conditions. The liquidity and safety of reserve assets are particularly critical during market pressures or when the risks of the issuer themselves increase. Additionally, Barr noted that stablecoin issuers have the incentive to increase yields for profit, which may lead them to take on higher risks in reserve asset management, thereby posing a potential threat to financial stability. (The Block)

Fed's Barr Warns of Stablecoin Risks, Calls for Enhanced Regulation and Reserve Scrutiny

On April 1, according to Bloomberg, the New Hampshire Department of Business and Economic Affairs plans to issue municipal bonds backed by Bitcoin, with a total scale of approximately $100 million. This product has been rated Ba2 by Moody's Investors Service, which is two notches below investment grade. The principal and interest of the bonds will be repaid using funds generated from the Bitcoin collateral, potentially providing additional returns when Bitcoin prices rise. There are also price-triggered liquidation clauses in place to ensure repayment; the related debt is not supported by the state's credit or taxes.

[New Hampshire Plans to Issue $100 Million Bitcoin-Backed Municipal Bonds, Rated Ba2 by Moody's]On April 1, according to Bloomberg, the New Hampshire Department of Business and Economic Affairs plans to issue municipal bonds backed by Bitcoin, with a total scale of approximately $100 million. This product has been rated Ba2 by Moody's Investors Service, which is two notches below investment grade. The principal and interest of the bonds will be repaid using funds generated from the Bitcoin collateral, potentially providing additional returns when Bitcoin prices rise. There are also price-triggered liquidation clauses in place to ensure repayment; the related debt is not supported by the state's credit or taxes.

New Hampshire Plans to Issue $100 Million Bitcoin-Backed Municipal Bonds, Rated Ba2 by Moody's

On April 1, Garrett Jin, the agent of 'BTC OG Insider Whale', expressed his views on the latest developments in the U.S.-Iran conflict. He stated that Trump mentioned NATO should take oil for itself if they want it. U.S. Defense Secretary Lloyd Austin indicated that ensuring the security of the Strait of Hormuz is not a military objective, but rather the responsibility of other nations. Both of these perspectives are irrelevant; Iran currently holds the advantage, possessing the trump cards and control over the strait. If Iran chooses to negotiate, they risk being attacked again by a strengthened enemy they cannot trust. Conversely, if Iran refuses to negotiate, they face the possibility of being attacked by an overstretched enemy now, or they could gain free passage fees in the Strait of Hormuz and achieve real power in the Middle East. The choice is clear. According to PolyBeats monitoring, the probability of 'the Strait of Hormuz being navigable by the end of April' on the prediction market Polymarket is as low as 18%.

[Agent of '1011 Insider Whale': Iran is in a Strong Position, Refusing Talks with the U.S. is the Best Solution]On April 1, Garrett Jin, the agent of 'BTC OG Insider Whale', expressed his views on the latest developments in the U.S.-Iran conflict. He stated that Trump mentioned NATO should take oil for itself if they want it. U.S. Defense Secretary Lloyd Austin indicated that ensuring the security of the Strait of Hormuz is not a military objective, but rather the responsibility of other nations. Both of these perspectives are irrelevant; Iran currently holds the advantage, possessing the trump cards and control over the strait. If Iran chooses to negotiate, they risk being attacked again by a strengthened enemy they cannot trust. Conversely, if Iran refuses to negotiate, they face the possibility of being attacked by an overstretched enemy now, or they could gain free passage fees in the Strait of Hormuz and achieve real power in the Middle East. The choice is clear. According to PolyBeats monitoring, the probability of 'the Strait of Hormuz being navigable by the end of April' on the prediction market Polymarket is as low as 18%.

Agent of '1011 Insider Whale': Iran is in a Strong Position, Refusing Talks with the U.S. is the Best Solution

On April 1, local time March 31, Belgium, Croatia, Cyprus, France, Greece, Italy, Malta, the Netherlands, Portugal, the United Kingdom, and the European Union issued a joint statement urging Lebanon and Israel to engage in direct political negotiations to help end the current conflict. The statement emphasized that direct political negotiations would help bring the conflict to a close and create conditions for lasting peaceful coexistence in the region. It also called on all parties to avoid further escalation, restore the implementation of the ceasefire agreement, and adhere to United Nations Security Council Resolution 1701. Additionally, the statement urged Israel to refrain from expanding the conflict, including avoiding ground operations on Lebanese territory.

[10 Countries Issue Joint Statement Calling for Direct Political Negotiations Between Lebanon and Israel]On April 1, local time March 31, Belgium, Croatia, Cyprus, France, Greece, Italy, Malta, the Netherlands, Portugal, the United Kingdom, and the European Union issued a joint statement urging Lebanon and Israel to engage in direct political negotiations to help end the current conflict. The statement emphasized that direct political negotiations would help bring the conflict to a close and create conditions for lasting peaceful coexistence in the region. It also called on all parties to avoid further escalation, restore the implementation of the ceasefire agreement, and adhere to United Nations Security Council Resolution 1701. Additionally, the statement urged Israel to refrain from expanding the conflict, including avoiding ground operations on Lebanese territory.

10 Countries Issue Joint Statement Calling for Direct Political Negotiations Between Lebanon and Israel

On April 1, during a speech at the White House, U.S. President Trump stated that after intense strikes from the U.S. and Israel, Iran will need '15 to 20 years' to complete its reconstruction. He told reporters, 'We want to destroy everything they have. We have set them back. They need 15 to 20 years to rebuild everything we have done to them.' He added, 'They have no navy. They have no army. They have no air force. They have no telecommunications facilities. They have no air defense systems. They have no leaders.' Trump further remarked, 'It would be great if they come to the negotiating table, but whether they do or not is not important.'

[Trump: Iran Needs 15 to 20 Years for Reconstruction]On April 1, during a speech at the White House, U.S. President Trump stated that after intense strikes from the U.S. and Israel, Iran will need '15 to 20 years' to complete its reconstruction. He told reporters, 'We want to destroy everything they have. We have set them back. They need 15 to 20 years to rebuild everything we have done to them.' He added, 'They have no navy. They have no army. They have no air force. They have no telecommunications facilities. They have no air defense systems. They have no leaders.' Trump further remarked, 'It would be great if they come to the negotiating table, but whether they do or not is not important.'

Trump: Iran Needs 15 to 20 Years for Reconstruction

On April 1, the National Intellectual Property Administration issued a risk alert today, stating that AI tools such as OpenClaw (formerly known as Clawdbot and Moltbot) have been exposed to have weak default security configurations, which can lead to serious security risks. Additionally, using such AI tools to draft patent application documents may also induce multiple risks. (CCTV)

[National Intellectual Property Administration: Using AI Tools like OpenClaw for Patent Applications May Induce Multiple Risks]On April 1, the National Intellectual Property Administration issued a risk alert today, stating that AI tools such as OpenClaw (formerly known as Clawdbot and Moltbot) have been exposed to have weak default security configurations, which can lead to serious security risks. Additionally, using such AI tools to draft patent application documents may also induce multiple risks. (CCTV)

National Intellectual Property Administration: Using AI Tools like OpenClaw for Patent Applications May Induce Multiple Risks

On April 1, U.S. officials expressed concerns about indirect negotiations with Iran through third parties, stating that direct talks would be more effective. The official noted that while Pakistan is willing to assist in mediating the conflict, the U.S. has reservations about using Islamabad as a negotiation venue, primarily due to security risks. Additionally, the official pointed out that previous mediation efforts through Oman had not yielded satisfactory results. (CCTV)

[U.S. Officials: Third-Party Mediation Ineffective, Direct Talks with Iran Preferred]On April 1, U.S. officials expressed concerns about indirect negotiations with Iran through third parties, stating that direct talks would be more effective. The official noted that while Pakistan is willing to assist in mediating the conflict, the U.S. has reservations about using Islamabad as a negotiation venue, primarily due to security risks. Additionally, the official pointed out that previous mediation efforts through Oman had not yielded satisfactory results. (CCTV)

U.S. Officials: Third-Party Mediation Ineffective, Direct Talks with Iran Preferred

On April 1, Jeff Schmid, president of the Federal Reserve Bank of Kansas City, stated that inflation in the United States could remain elevated, close to 3%, due to rising energy prices triggered by the US-Israel-Iran conflict. Schmid pointed out that this increase in oil prices occurs against a backdrop of inflation that is 'already too high and has persisted for too long.' He emphasized that the Federal Reserve should not simply assume that inflation caused by rising energy prices is temporary. He stressed that, given the current high levels of inflation, the ongoing impact of rising energy prices on overall inflation should not be overlooked.

[Federal Reserve Official: US-Israel-Iran Conflict May Lead to Sustained High Inflation in the US]On April 1, Jeff Schmid, president of the Federal Reserve Bank of Kansas City, stated that inflation in the United States could remain elevated, close to 3%, due to rising energy prices triggered by the US-Israel-Iran conflict. Schmid pointed out that this increase in oil prices occurs against a backdrop of inflation that is 'already too high and has persisted for too long.' He emphasized that the Federal Reserve should not simply assume that inflation caused by rising energy prices is temporary. He stressed that, given the current high levels of inflation, the ongoing impact of rising energy prices on overall inflation should not be overlooked.

Federal Reserve Official: US-Israel-Iran Conflict May Lead to Sustained High Inflation in the US

According to Cointelegraph, as inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. While many of these layoffs are likely due to an economic downturn, this has resulted in an overwhelming amount of talent flocking to early-stage Web3 companies. Indeed, well-funded Web3 companies continue to hire, while large tech companies face layoffs and hiring freezes. Sebastien Borget, co-founder and chief operating officer of The Sandbox, said that the popular metaverse platform currently has a total of 103 job openings. According to Borget, The Sandbox has grown to 404 employees this year, almost doubling in size from its 208-employee workforce it had in December 2021.

Detail

【The Sandbox has nearly doubled its workforce by 2022】According to Cointelegraph, as inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. While many of these layoffs are likely due to an economic downturn, this has resulted in an overwhelming amount of talent flocking to early-stage Web3 companies. Indeed, well-funded Web3 companies continue to hire, while large tech companies face layoffs and hiring freezes. Sebastien Borget, co-founder and chief operating officer of The Sandbox, said that the popular metaverse platform currently has a total of 103 job openings. According to Borget, The Sandbox has grown to 404 employees this year, almost doubling in size from its 208-employee workforce it had in December 2021.

The Sandbox has nearly doubled its workforce by 2022

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