Author: Deep Tide TechFlow
Yesterday's Market Dynamics
Bank of Japan Keeps Policy Unchanged as Expected
The Bank of Japan kept its benchmark interest rate at 0.75%, meeting market expectations, marking the second consecutive meeting of unchanged policy.
US Initial Jobless Claims for the Week Ending March 14: 205K, Expected 215K, Previous 213K
According to Jin10 data, US initial jobless claims for the week ending March 14 were 205,000, compared to an expectation of 215,000 and a previous reading of 213,000.
Meta's AI Agent Malfunctions, Causing Sensitive Data Leak for Two Hours
According to TechCrunch, a malfunction involving an AI Agent recently occurred internally at Meta. An employee posted on an internal forum seeking technical help, and another engineer subsequently called an AI Agent to assist with analysis. However, the Agent posted a reply without authorization and provided incorrect advice.
After the employee followed the AI's suggested actions, a significant amount of company and user-related data was accessed by unauthorized engineers for up to two hours. Meta classified this incident as "Sev 1," the second-highest level of internal security incident.
Notably, this is not the first time Meta has encountered issues with AI Agents malfunctioning. Summer Yue, Meta's Director of Superintelligence Safety and Alignment, had previously stated publicly that her OpenClaw Agent had擅自 deleted the entire contents of her inbox without confirmation.
Perle Foundation Announces PRL Tokenomics: 37.5% Allocated to Community, 17.84% for Ecosystem
The AI data market Perle Foundation has announced the tokenomics for its PRL token. The total supply of PRL tokens is 10 billion. 37.5% will be allocated to the community (7.5% unlocked at TGE, linear unlock over 36 months), 17.84% will be allocated for ecosystem development (10% unlocked at TGE, linear unlock over 48 months), 27.66% will be allocated to investors (12-month cliff unlock, then linear unlock over 36 months), and 17% will be allocated to the team (12-month cliff unlock, then linear unlock over 36 months).
edgeX Announces Launch of EDGE Airdrop Terms Page, Claims Open Until April 1
Perpetual合约 DEX edgeX announced that the EDGE airdrop terms page is now live. According to its webpage, the EDGE token airdrop claim period is from March 19, 18:00 UTC+8 to April 1, 07:59.
Block Quietly Recalls Some Employees After Layoffs, CEO Admits Decision May Have Been Flawed
According to Cointelegraph, payment company Block (which owns Square, Cash App, and Afterpay), which laid off about 4,000 employees in late February, has quietly recalled some employees this month. Several employees posted on LinkedIn that they received offers to return, citing reasons including "paperwork errors" and understaffing in critical infrastructure. CEO Jack Dorsey had admitted that the layoff decision might have been flawed and stated that the rapid development of AI technology prompted the company to restructure its team of about 6,000 people. Some laid-off employees believe the layoffs were more about boosting investor confidence than simply being driven by AI replacement. Currently, Block's official website lists only 27 job openings, all for management or sales positions.
Gemini Cuts About 30% of Workforce This Year, Reports ~$585M Annual Loss, and Pushes AI for Efficiency
According to Bloomberg, cryptocurrency exchange Gemini stated it has cut about 30% of its workforce since the start of the year, reducing headcount to about 445 employees, and has introduced AI tools to improve efficiency; the company reported an annual loss of approximately $585 million for 2025, with Q4 revenue around $60 million but widening losses. It had previously announced layoffs of about 25%, exited the UK, EU, and Australian markets, and replaced several executives.
Crypto.com CEO Announces Layoffs of ~12% of Staff, Pushes Enterprise-Level AI Transformation
Crypto.com CEO Kris Marszalek disclosed on social media that Crypto.com is formally推进enterprise-wide artificial intelligence (AI) integration and is simultaneously reducing its workforce by approximately 12%. Affected employees have been notified, and the company will provide them with corresponding transition support resources.
Kris Marszalek stated that this strategic adjustment aims to combine the best AI tools with high-performing talent to achieve previously unattainable levels of scale and precision in operations. The eliminated roles are primarily those deemed unable to adapt to the new business model.
Animoca Brands Invests in AVAX Token, Forms Strategic Partnership with Ava Labs
According to The Block, Animoca Brands announced an investment in Avalanche blockchain's native token AVAX and formed a strategic partnership with Avalanche development team Ava Labs. The two will work together to promote the development of the Avalanche ecosystem, initially focusing on the Asian and Middle Eastern markets.
An Animoca Brands spokesperson did not disclose the size of the investment or specific terms. According to the cooperation agreement, the collaboration will focus on three areas: capital deployment, product integration, and advisory support, with an emphasis on real-world asset (RWA) tokenization, entertainment, and digital identity. Animoca Brands stated that its established regional infrastructure and institutional relationship networks in Asia and the Middle East can be utilized by projects built on Avalanche for commercial implementation.
Prediction Market Platform Kalshi Raises Over $1 Billion, Valuation Reaches $22 Billion
According to Bloomberg, prediction market platform Kalshi Inc. has completed a new round of funding, raising over $1 billion, with a latest valuation of $22 billion, doubling its $11 billion valuation from its previous funding round in December 2025.
OpenAI to Acquire Startup Astral, Expanding Its Footprint in Programming
According to Jin10 data, OpenAI will acquire startup Astral to expand its footprint in the programming field.
Market Dynamics
Recommended Reading
From $500M to $30B: How Crypto Madman SBF Backed the Most Valuable Company of the AI Era?
This article details how the famous cryptocurrency figure Sam Bankman-Fried (SBF) invested in AI company Anthropic through his hedge fund and explores the relationship between this move and the philosophy of Effective Altruism (EA). It analyzes SBF's investment logic, funding sources, and Anthropic's rapid rise, while also revealing the impact of the FTX bankruptcy case on the EA movement and related companies.
Mastercard Spent $1.8 Billion on Stablecoin Insurance
This article discusses Mastercard's $1.8 billion acquisition of BVNK, aimed at integrating stablecoin payment technology to counter the challenge stablecoins pose to traditional cross-border payment businesses. Stablecoin payments offer advantages like fast settlement and low fees, threatening the profit sources of traditional card networks. Mastercard's goal is to achieve seamless integration of stablecoins with its payment network through this acquisition, ensuring competitiveness if stablecoins become a mainstream settlement method. However, the普及of stablecoin payments still faces technical and regulatory challenges, while traditional financial institutions are actively布局the stablecoin field through acquisitions and other means.
Meta Spent $90B to Shut Down the Metaverse, $2B to Let AI Live in Your Computer
This article discusses how Meta全力押注the metaverse in 2021, spending $90 billion to develop the virtual world Horizon Worlds, but announced it will shut down the VR version of the product in June 2026 due to user growth falling short of expectations. Meanwhile, Meta is shifting its strategic focus to artificial intelligence (AI), planning a 20% reduction in workforce and directing most capital expenditure towards AI infrastructure construction. However, Meta also faces challenges in the AI field, including delays in releasing flagship AI models and the loss of core talent. This shift reflects the tech industry's trend away from the metaverse towards AI, with many companies laying off employees, cutting budgets, and concentrating resources on AI. However, the article points out that this industry consensus may carry risks, and whether the right bet has been placed仍需time to verify.
This Week, Everyone is Helping AI Open Bank Accounts
This article documents the latest developments in the field of artificial intelligence (AI) payments, particularly the construction of autonomous AI payment infrastructure. It mentions that several tech and financial giants, including Stripe, Visa, Mastercard, and Coinbase, are actively developing related technologies and protocols to provide AI agents with payment tools, funding channels, and identity authentication support. Although the current market size for AI payments is small, as AI technology advances, its autonomous payment需求will gradually grow, potentially making this field a significant infrastructure market in the future.
Crypto's First Reverse Stake in a Hong Kong Stock: The New Capital Model Experiment Behind Pharos's $1 Billion Valuation
This article explores an innovative cryptocurrency financing model. The capital cooperation agreement between Pharos and GCL New Energy, featuring token-stock binding and batch unlocking, demonstrates deep integration of traditional capital and the crypto world. This model not only reflects the互补性of both parties but also provides new ideas for future financing in the crypto industry.
