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According to 1M AI News monitoring, Thibault Sottiaux, Head of Engineering for OpenAI Codex, posted on X stating, "To be clear, the Codex App is not going away. We are significantly increasing our investment, and it's about to become very good." Three days prior, he had also revealed that the team was undertaking an "end-to-end complete refactoring of Codex to adapt to future model advancements." This statement comes against the backdrop of OpenAI's intensive product line adjustments over the past week. Last week, The Wall Street Journal reported that OpenAI plans to merge ChatGPT, Codex, and its browser into a single desktop "super app," spearheaded by Fidji Simo, CEO of the applications division. Subsequently, OpenAI announced the shutdown of Sora, its video generation application launched just months ago. This trend of product line contraction has led to external doubts about the future of other independent applications.

[OpenAI Codex Head: "Not Shutting Down, Significantly Increasing Investment"]According to 1M AI News monitoring, Thibault Sottiaux, Head of Engineering for OpenAI Codex, posted on X stating, "To be clear, the Codex App is not going away. We are significantly increasing our investment, and it's about to become very good." Three days prior, he had also revealed that the team was undertaking an "end-to-end complete refactoring of Codex to adapt to future model advancements." This statement comes against the backdrop of OpenAI's intensive product line adjustments over the past week. Last week, The Wall Street Journal reported that OpenAI plans to merge ChatGPT, Codex, and its browser into a single desktop "super app," spearheaded by Fidji Simo, CEO of the applications division. Subsequently, OpenAI announced the shutdown of Sora, its video generation application launched just months ago. This trend of product line contraction has led to external doubts about the future of other independent applications.

OpenAI Codex Head: "Not Shutting Down, Significantly Increasing Investment"

On March 26th, US Treasury Secretary Janet Yellen discussed strengthening the Treasury Department's oversight of the Federal Reserve by drawing partially from the Bank of England's model, a move that could reshape the relationship between the Fed and the US government. According to informed financial industry executives, Yellen has expressed to market participants her admiration for the reforms implemented by the UK government in 1997, which granted the Bank of England operational independence in setting monetary policy. While both central banks maintain formal independence from their respective governments, the Federal Reserve possesses greater autonomy in how it achieves Congress's mandated goals of price stability and maximum employment, as well as in its response during periods of financial instability. Yellen has publicly stated that the Fed should undergo reforms while preserving its monetary policy independence. Last year, in a 6,000-word article published in "International Economy" magazine, she criticized the Fed's large-scale bond-buying program, known as quantitative easing (QE), as a "functional monetary policy experiment." She also praised the Bank of England's more cautious response to the UK's gilt crisis in 2022, contrasting it with the Fed's ongoing QE policies. She believes the Fed's QE policies contributed to the high inflation in the US post-COVID-19 pandemic. (Jinshi)

[US Treasury Secretary Yellen Eyes Fed Oversight Reform, Cites Bank of England Model]On March 26th, US Treasury Secretary Janet Yellen discussed strengthening the Treasury Department's oversight of the Federal Reserve by drawing partially from the Bank of England's model, a move that could reshape the relationship between the Fed and the US government. According to informed financial industry executives, Yellen has expressed to market participants her admiration for the reforms implemented by the UK government in 1997, which granted the Bank of England operational independence in setting monetary policy. While both central banks maintain formal independence from their respective governments, the Federal Reserve possesses greater autonomy in how it achieves Congress's mandated goals of price stability and maximum employment, as well as in its response during periods of financial instability. Yellen has publicly stated that the Fed should undergo reforms while preserving its monetary policy independence. Last year, in a 6,000-word article published in "International Economy" magazine, she criticized the Fed's large-scale bond-buying program, known as quantitative easing (QE), as a "functional monetary policy experiment." She also praised the Bank of England's more cautious response to the UK's gilt crisis in 2022, contrasting it with the Fed's ongoing QE policies. She believes the Fed's QE policies contributed to the high inflation in the US post-COVID-19 pandemic. (Jinshi)

US Treasury Secretary Yellen Eyes Fed Oversight Reform, Cites Bank of England Model

On March 26, Morgan Stanley strategists noted that the sell-off in the US Treasury market this month has been characterized by forced liquidations in two-year Treasuries. This comes as two-year US Treasury yields have surged significantly, with traders abandoning bets on Federal Reserve rate cuts and beginning to price in rate hikes. In a report on Wednesday, Morgan Stanley strategists led by Eli Carter pointed to trading data from BrokerTec Inc., a trading platform under CME Group Inc., showing a "marked decline in liquidity in the US Treasury market, particularly at the front end" since the period following the US strike on Iran on February 28. They stated that longer-dated bonds, such as the 10-year US Treasury, have remained relatively stable. The strategists commented, "Wider bid-ask spreads typically suppress trading, and the fact that volume has remained elevated suggests that many trades were driven by necessity rather than desire." Since the start of the conflict, two-year US Treasury yields have risen by approximately 50 basis points to 3.87%. However, Morgan Stanley's analysis indicates that the sell-off has been "exacerbated by position liquidations and deteriorating liquidity conditions." (Jinshi)

[Morgan Stanley: Liquidity Deterioration Fuels Forced Selling in US Treasuries]On March 26, Morgan Stanley strategists noted that the sell-off in the US Treasury market this month has been characterized by forced liquidations in two-year Treasuries. This comes as two-year US Treasury yields have surged significantly, with traders abandoning bets on Federal Reserve rate cuts and beginning to price in rate hikes. In a report on Wednesday, Morgan Stanley strategists led by Eli Carter pointed to trading data from BrokerTec Inc., a trading platform under CME Group Inc., showing a "marked decline in liquidity in the US Treasury market, particularly at the front end" since the period following the US strike on Iran on February 28. They stated that longer-dated bonds, such as the 10-year US Treasury, have remained relatively stable. The strategists commented, "Wider bid-ask spreads typically suppress trading, and the fact that volume has remained elevated suggests that many trades were driven by necessity rather than desire." Since the start of the conflict, two-year US Treasury yields have risen by approximately 50 basis points to 3.87%. However, Morgan Stanley's analysis indicates that the sell-off has been "exacerbated by position liquidations and deteriorating liquidity conditions." (Jinshi)

Morgan Stanley: Liquidity Deterioration Fuels Forced Selling in US Treasuries

On March 26th, MilkyWay officially announced that it has formally initiated the process of shutting down its L1 mainnet. Prior to the shutdown, the team completed an on-chain upgrade and has securely migrated all user assets from the MilkyWay L1 chain back to their respective native chains. This move aims to ensure the complete and safe return of user assets to their original blockchain networks. According to the announcement, users who held assets on MilkyWay should now be able to view their corresponding assets on their original networks. For instance, TIA assets that were bridged from Celestia to MilkyWay should now be visible again on the Celestia network. If users are unable to see their assets, the official recommendation is to submit their wallet address to the official team or leave a comment under the announcement post, so that the team can provide further assistance.

[MilkyWay to Shut Down L1 Mainnet, All Assets Returned to Native Chains]On March 26th, MilkyWay officially announced that it has formally initiated the process of shutting down its L1 mainnet. Prior to the shutdown, the team completed an on-chain upgrade and has securely migrated all user assets from the MilkyWay L1 chain back to their respective native chains. This move aims to ensure the complete and safe return of user assets to their original blockchain networks. According to the announcement, users who held assets on MilkyWay should now be able to view their corresponding assets on their original networks. For instance, TIA assets that were bridged from Celestia to MilkyWay should now be visible again on the Celestia network. If users are unable to see their assets, the official recommendation is to submit their wallet address to the official team or leave a comment under the announcement post, so that the team can provide further assistance.

MilkyWay to Shut Down L1 Mainnet, All Assets Returned to Native Chains

On March 26, according to the Financial Times, U.S. Treasury Secretary Janet Yellen has discussed strengthening the Treasury Department's oversight of the Federal Reserve by drawing on aspects of the Bank of England's model, a move that could reshape the relationship between the Fed and the U.S. government. According to informed financial industry executives, Yellen has expressed her admiration for the reforms implemented by the UK government in 1997, when the Bank of England was granted operational independence in setting monetary policy. While both central banks maintain formal independence from their respective governments, the Federal Reserve possesses greater autonomy in how it achieves Congress-mandated goals of price stability and maximum employment, as well as in its response during periods of financial instability. Yellen has publicly stated that the Fed should undergo reforms while preserving its monetary policy independence. Last year, she published a 6,000-word article in "International Economy" magazine, criticizing the Fed's large-scale bond-buying program, known as quantitative easing (QE), as a "functional monetary policy experiment." She also praised the Bank of England's more cautious response to the UK gilt crisis in 2022, contrasting it with the Fed's ongoing QE policies. She believes the Fed's QE policies contributed to the high inflation in the U.S. following the COVID-19 pandemic.

[Treasury Secretary Yellen Considers Fed Oversight Reforms Inspired by Bank of England Model]On March 26, according to the Financial Times, U.S. Treasury Secretary Janet Yellen has discussed strengthening the Treasury Department's oversight of the Federal Reserve by drawing on aspects of the Bank of England's model, a move that could reshape the relationship between the Fed and the U.S. government. According to informed financial industry executives, Yellen has expressed her admiration for the reforms implemented by the UK government in 1997, when the Bank of England was granted operational independence in setting monetary policy. While both central banks maintain formal independence from their respective governments, the Federal Reserve possesses greater autonomy in how it achieves Congress-mandated goals of price stability and maximum employment, as well as in its response during periods of financial instability. Yellen has publicly stated that the Fed should undergo reforms while preserving its monetary policy independence. Last year, she published a 6,000-word article in "International Economy" magazine, criticizing the Fed's large-scale bond-buying program, known as quantitative easing (QE), as a "functional monetary policy experiment." She also praised the Bank of England's more cautious response to the UK gilt crisis in 2022, contrasting it with the Fed's ongoing QE policies. She believes the Fed's QE policies contributed to the high inflation in the U.S. following the COVID-19 pandemic.

Treasury Secretary Yellen Considers Fed Oversight Reforms Inspired by Bank of England Model

On March 26th, according to SlowMist's monitoring, the Apifox desktop client has been subjected to a supply chain attack. The frontend script files hosted on its official CDN were injected with highly obfuscated malicious JavaScript code.

Affected users may face risks such as credential theft, sensitive data leakage, and remote command execution. The malicious code executes automatically and is highly concealed. SlowMist advises users to immediately revoke all Tokens, reset passwords, log out and log back in to invalidate sessions, block the *.apifox.it.com domain, clear local storage, and review API logs for any abnormal activities.

[SlowMist: Apifox Desktop Client Suffers Supply Chain Attack, Malicious Code Can Steal Credentials and Execute Remote Commands]On March 26th, according to SlowMist's monitoring, the Apifox desktop client has been subjected to a supply chain attack. The frontend script files hosted on its official CDN were injected with highly obfuscated malicious JavaScript code.

Affected users may face risks such as credential theft, sensitive data leakage, and remote command execution. The malicious code executes automatically and is highly concealed. SlowMist advises users to immediately revoke all Tokens, reset passwords, log out and log back in to invalidate sessions, block the *.apifox.it.com domain, clear local storage, and review API logs for any abnormal activities.

SlowMist: Apifox Desktop Client Suffers Supply Chain Attack, Malicious Code Can Steal Credentials and Execute Remote Commands

On March 26, U.S. tech giant Nvidia and its CEO Jensen Huang were accused by investors of concealing the extent of their company's gaming graphics card revenue's reliance on cryptocurrency mining-related sales between 2017 and 2018. A federal judge has approved the case to proceed as a class-action lawsuit.

According to a ruling released on Wednesday by U.S. District Judge Haywood S. Gilliam Jr. in California federal court, Nvidia failed to prove that its statements regarding cryptocurrency mining revenue did not impact the company's stock price.

Investors first sued Nvidia in 2018, alleging that the company concealed over $1 billion in graphics card sales revenue related to cryptocurrency mining, and that Huang deliberately downplayed the scale of such demand. In 2022, the U.S. Securities and Exchange Commission (SEC) fined Nvidia $5.5 million for failing to disclose the impact of its cryptocurrency mining business on the company.

Nvidia has consistently claimed that cryptocurrency mining constitutes only a small portion of its business and that most mining-related sales were accounted for separately from the core gaming business segment.

The company also stated that its supply chain was under control and capable of smoothly clearing excess graphics card inventory.

However, the plaintiffs argued that a significant portion of Nvidia's revenue driven by crypto demand was actually realized through GeForce gaming graphics cards, and that most of this revenue was categorized under the gaming business segment, exposing the company directly to the risks of cryptocurrency market cycle fluctuations.

[Nvidia Faces Class-Action Lawsuit Over Alleged Concealment of Crypto Mining Revenue]On March 26, U.S. tech giant Nvidia and its CEO Jensen Huang were accused by investors of concealing the extent of their company's gaming graphics card revenue's reliance on cryptocurrency mining-related sales between 2017 and 2018. A federal judge has approved the case to proceed as a class-action lawsuit.

According to a ruling released on Wednesday by U.S. District Judge Haywood S. Gilliam Jr. in California federal court, Nvidia failed to prove that its statements regarding cryptocurrency mining revenue did not impact the company's stock price.

Investors first sued Nvidia in 2018, alleging that the company concealed over $1 billion in graphics card sales revenue related to cryptocurrency mining, and that Huang deliberately downplayed the scale of such demand. In 2022, the U.S. Securities and Exchange Commission (SEC) fined Nvidia $5.5 million for failing to disclose the impact of its cryptocurrency mining business on the company.

Nvidia has consistently claimed that cryptocurrency mining constitutes only a small portion of its business and that most mining-related sales were accounted for separately from the core gaming business segment.

The company also stated that its supply chain was under control and capable of smoothly clearing excess graphics card inventory.

However, the plaintiffs argued that a significant portion of Nvidia's revenue driven by crypto demand was actually realized through GeForce gaming graphics cards, and that most of this revenue was categorized under the gaming business segment, exposing the company directly to the risks of cryptocurrency market cycle fluctuations.

Nvidia Faces Class-Action Lawsuit Over Alleged Concealment of Crypto Mining Revenue

On March 26, according to reports from Hong Kong Stock Connect, Futu Holdings announced that its wholly-owned, self-built virtual asset trading platform, 'Leopard Trade,' has officially obtained a full license and commenced operations. Leopard Trade will soon be fully integrated with Futu Securities, the group's Hong Kong retail brokerage. The platform will provide core support including virtual asset trading, custody services, and technological solutions. Futu Holdings stated that Leopard Trade is the first licensed virtual asset trading platform incubated by a brokerage in Hong Kong. Its deep integration with Futu Securities will establish Hong Kong's and Asia's first comprehensive financial services platform holding licenses for both 'securities brokerage + virtual asset trading platform'.

[Futu Holdings' Licensed Virtual Asset Platform 'Leopard Trade' Officially Launches in Hong Kong]On March 26, according to reports from Hong Kong Stock Connect, Futu Holdings announced that its wholly-owned, self-built virtual asset trading platform, 'Leopard Trade,' has officially obtained a full license and commenced operations. Leopard Trade will soon be fully integrated with Futu Securities, the group's Hong Kong retail brokerage. The platform will provide core support including virtual asset trading, custody services, and technological solutions. Futu Holdings stated that Leopard Trade is the first licensed virtual asset trading platform incubated by a brokerage in Hong Kong. Its deep integration with Futu Securities will establish Hong Kong's and Asia's first comprehensive financial services platform holding licenses for both 'securities brokerage + virtual asset trading platform'.

Futu Holdings' Licensed Virtual Asset Platform 'Leopard Trade' Officially Launches in Hong Kong

HTX data showed that SOL fell below 90  USDT and is now at 89.996 USDT, with a decrease of 2.69% in 24H.

[SOL fell below 90  USDT] HTX data showed that SOL fell below 90  USDT and is now at 89.996 USDT, with a decrease of 2.69% in 24H.

SOL fell below 90  USDT

1. Elon Musk’s Twitter takeover debt to be held by banks amid turbulent markets;
2. Some, not all, crypto token screenings will be scrapped, Japan’s JVCEA official says;
3. Crypto lender Vauld seeks another four months of protection against creditors;
4. Judge denies former OpenSea employee's motion to dismiss fraud case;
5. Disney launches Web3 experience on its Music Mall.

Detail

【Huobi Global Breaking News】1. Elon Musk’s Twitter takeover debt to be held by banks amid turbulent markets;
2. Some, not all, crypto token screenings will be scrapped, Japan’s JVCEA official says;
3. Crypto lender Vauld seeks another four months of protection against creditors;
4. Judge denies former OpenSea employee's motion to dismiss fraud case;
5. Disney launches Web3 experience on its Music Mall.

Huobi Global Breaking News

Article

BTC broke through 72000  USDT

U.S. House Speaker: U.S. Military Will Not Engage in Ground Combat in Iran

Commodity ETFs See Record $11 Billion Outflow in March

House Speaker: 'Operation Epic Wrath' Nearing Completion

US House Speaker: US Military Will Not Conduct Ground Operations in Iran

Huobi Global Breaking News

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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