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&nbsp;Eric Trump, the second son of Trump, tweeted that large banks (such as JPMorgan Chase, Bank of America, Wells Fargo, etc.) are working overtime lobbying to prevent Americans from getting higher savings returns, while also trying to stop offering any rewards or incentives to customers. These banks pay extremely low interest rates on ordinary savings accounts (usually an annual rate of only 0.01% to 0.05%), while the Federal Reserve pays them interest rates as high as 4% or even higher. Such a huge interest rate spread creates their profits, and almost none of the profits are returned to customers/ordinary depositors.

[Eric Trump: Major banks are sparing no effort to suppress cryptocurrencies/stablecoins.]&nbsp;Eric Trump, the second son of Trump, tweeted that large banks (such as JPMorgan Chase, Bank of America, Wells Fargo, etc.) are working overtime lobbying to prevent Americans from getting higher savings returns, while also trying to stop offering any rewards or incentives to customers. These banks pay extremely low interest rates on ordinary savings accounts (usually an annual rate of only 0.01% to 0.05%), while the Federal Reserve pays them interest rates as high as 4% or even higher. Such a huge interest rate spread creates their profits, and almost none of the profits are returned to customers/ordinary depositors.

Eric Trump: Major banks are sparing no effort to suppress cryptocurrencies/stablecoins.

&nbsp;Musk reposted a hint suggesting that the rumored internal test screenshot of X Money is real. The screenshot shows that X Money offers up to 6% annualized deposit returns and also includes a debit card feature with cashback.

[Musk hinted that X Money would offer a 6% deposit yield, along with a cashback debit card feature.]&nbsp;Musk reposted a hint suggesting that the rumored internal test screenshot of X Money is real. The screenshot shows that X Money offers up to 6% annualized deposit returns and also includes a debit card feature with cashback.

Musk hinted that X Money would offer a 6% deposit yield, along with a cashback debit card feature.

on March 4 local time, according to multiple informed sources, Anthropic CEO Dario Amodei has been in discussions with Emil Michael, the Deputy Assistant Secretary of Defense for Research and Engineering, to finalize a contract for the Pentagon's use of Anthropic's AI models. The report states that reaching a new contract will enable the U.S. military to continue using Anthropic's technology and significantly reduce the company's chances of being identified as a "supply chain risk."

[Anthropic CEO restarts negotiations on an AI cooperation agreement with the Pentagon]on March 4 local time, according to multiple informed sources, Anthropic CEO Dario Amodei has been in discussions with Emil Michael, the Deputy Assistant Secretary of Defense for Research and Engineering, to finalize a contract for the Pentagon's use of Anthropic's AI models. The report states that reaching a new contract will enable the U.S. military to continue using Anthropic's technology and significantly reduce the company's chances of being identified as a "supply chain risk."

Anthropic CEO restarts negotiations on an AI cooperation agreement with the Pentagon

Aave Labs released a complete transparency report on the Aave V4 security program. It includes methods, processes, and results, jointly endorsed by multiple security organizations such as Trail of Bits, Blackthorn, and Certora. Through manual audits, formal verification, invariant testing, fuzz testing, and public security competitions, approximately 345 days of security review were conducted in total. The program is supported by a dedicated security budget of 1.5 million USD approved by the DAO.

[Aave Labs Releases Full Transparency Audit Report on Aave V4 Security Program]Aave Labs released a complete transparency report on the Aave V4 security program. It includes methods, processes, and results, jointly endorsed by multiple security organizations such as Trail of Bits, Blackthorn, and Certora. Through manual audits, formal verification, invariant testing, fuzz testing, and public security competitions, approximately 345 days of security review were conducted in total. The program is supported by a dedicated security budget of 1.5 million USD approved by the DAO.

Aave Labs Releases Full Transparency Audit Report on Aave V4 Security Program

privacy wallet infrastructure platform Privy has partnered with Bridge, the stablecoin infrastructure platform under Stripe. Users can issue cards linked to wallets configured by Privy through Bridge and use the cards to spend stablecoins.

[Privy and Bridge have partnered to allow users to spend stablecoins using their cards.]privacy wallet infrastructure platform Privy has partnered with Bridge, the stablecoin infrastructure platform under Stripe. Users can issue cards linked to wallets configured by Privy through Bridge and use the cards to spend stablecoins.

Privy and Bridge have partnered to allow users to spend stablecoins using their cards.

Jack Zhang, co-founder and CEO of enterprise payment and financial platform Airwallex, posted on the X platform that compliant wallets that can store value (including crypto assets) and support programmatic transfers are the underlying infrastructure of intelligent agents. Humans can grant payment permissions to agents, but remote authorization based on preset rules is also required. From a regulatory perspective, stablecoins are still far from mature and cannot support agent payments on a global scale.

[Airwallex co-founder: Crypto assets and compliant wallets supporting programmatic transfers are the underlying infrastructure of smart agents.]Jack Zhang, co-founder and CEO of enterprise payment and financial platform Airwallex, posted on the X platform that compliant wallets that can store value (including crypto assets) and support programmatic transfers are the underlying infrastructure of intelligent agents. Humans can grant payment permissions to agents, but remote authorization based on preset rules is also required. From a regulatory perspective, stablecoins are still far from mature and cannot support agent payments on a global scale.

Airwallex co-founder: Crypto assets and compliant wallets supporting programmatic transfers are the underlying infrastructure of smart agents.

&nbsp;Sui Network posted on platform X that Sui Dollar (USDsui) is officially launched. USDsui is issued by Bridge under Stripe and is a native digital dollar designed for scalable finance and global payments.

[Sui Network: Sui Dollar (USDsui) is now available.]&nbsp;Sui Network posted on platform X that Sui Dollar (USDsui) is officially launched. USDsui is issued by Bridge under Stripe and is a native digital dollar designed for scalable finance and global payments.

Sui Network: Sui Dollar (USDsui) is now available.

&nbsp;according to The Information, OpenAI has selected law firms Cooley and Wachtell to prepare for the IPO.

[OpenAI selects law firm to prepare for IPO.]&nbsp;according to The Information, OpenAI has selected law firms Cooley and Wachtell to prepare for the IPO.

OpenAI selects law firm to prepare for IPO.

&nbsp;according to PeckShield monitoring, an address related to Sillytuna (0xd2e8…ca41) was stolen of approximately 24 million USD worth of aEthUSDC in an address poisoning attack.

[An address associated with Sillytuna lost approximately $24 million worth of aEthUSDC in an address poisoning attack.]&nbsp;according to PeckShield monitoring, an address related to Sillytuna (0xd2e8…ca41) was stolen of approximately 24 million USD worth of aEthUSDC in an address poisoning attack.

An address associated with Sillytuna lost approximately $24 million worth of aEthUSDC in an address poisoning attack.

According to NewsWire, Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy" or "the Company"), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, and Itaú Asset Management ("Itaú Asset") the largest private asset manager in Latin America, today announced a strategic partnership to develop a comprehensive suite of Brazilian-listed, physically backed, digital asset exchange-traded funds.
The first ETF of this new partnership, the IT Now Bloomberg Galaxy Bitcoin ETF (BITI11), will start trading at the market's open on November 10, 2022, on the B3 Stock Exchange as part of Itaú Asset's broader ETF suite, the IT Now Series. The initial product will offer investors exposure to Bitcoin, the largest cryptocurrency by market cap. Galaxy and Itaú Asset aim to expand the suite over time to include other diversified strategies in the digital asset space.

Detail

【Galaxy and Itaú Asset Management partner to launch crypto ETFs in Brazil】According to NewsWire, Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy" or "the Company"), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, and Itaú Asset Management ("Itaú Asset") the largest private asset manager in Latin America, today announced a strategic partnership to develop a comprehensive suite of Brazilian-listed, physically backed, digital asset exchange-traded funds.
The first ETF of this new partnership, the IT Now Bloomberg Galaxy Bitcoin ETF (BITI11), will start trading at the market's open on November 10, 2022, on the B3 Stock Exchange as part of Itaú Asset's broader ETF suite, the IT Now Series. The initial product will offer investors exposure to Bitcoin, the largest cryptocurrency by market cap. Galaxy and Itaú Asset aim to expand the suite over time to include other diversified strategies in the digital asset space.

Galaxy and Itaú Asset Management partner to launch crypto ETFs in Brazil

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