Author: Deep Tide TechFlow
Yesterday's Market Dynamics
US Initial Jobless Claims for the Week Ending March 7: 213K, Expected 215K
US initial jobless claims for the week ending March 7 were 213,000, compared to an expectation of 215,000; the previous figure was revised from 213,000 to 214,000.
SEC Commissioner Atkins Speaks: Advocates for Regulatory Slimdown, Supports Innovation Exemption for Equity Tokenization
According to the SEC website, US Securities and Exchange Commission (SEC) Commissioner Paul S. Atkins delivered a speech at the Investor Advisory Committee's annual meeting on March 12, focusing on three key issues.
First, reducing unnecessary disclosure burdens, promoting the "minimum effective dose regulation" principle, emphasizing that rules should be materiality-focused and flexibly adjusted based on company size; also suggesting extending the applicability period of the "IPO on-ramp" provision in the JOBS Act to encourage more small and medium-sized enterprises to go public.
Second, opposing the SEC's indirect intervention in corporate governance through "comply or explain" disclosure requirements, deeming such "shame-based regulation" beyond the SEC's authority, and asserting that governance decisions should be made by shareholders and directors themselves.
Third, commenting on equity security tokenization, stating that tokenization can improve settlement efficiency, reduce settlement risk, and cut intermediary layers, and revealing that the SEC will consider introducing an innovation exemption mechanism to support limited trading of specific tokenized securities and gather experience for formulating a long-term regulatory framework.
BlackRock Launches First Ethereum ETF with Staking Functionality
According to CoinDesk, BlackRock's iShares Staked Ethereum Trust ETF (ETHB) officially began trading on Nasdaq on March 13, Beijing time. This is BlackRock's third crypto ETF and the first product to incorporate Ethereum staking functionality. ETHB will hold spot ETH and stake a portion of its holdings, allowing investors to gain exposure to ETH price movements while earning staking rewards. The fund's management fee is 0.25%, with an introductory preferential rate of 0.12% for the first $2.5 billion in assets. BlackRock's total assets under management for crypto-related products currently stand at approximately $130 billion.
TRUMP Token Team to Host Banquet on April 25 for Top 297 TRUMP Token Holders
According to the GetTrumpMemes website, the TRUMP token team will host a Crypto & Business Summit and Banquet at Mar-a-Lago in Palm Beach, Florida, on April 25, 2026. US President Donald Trump will attend and deliver the keynote speech.
The event uses a holdings ranking mechanism. The top 297 qualified participants based on holding points will be eligible to attend. Among them, the top 29 VIP users will additionally receive exclusive access to a private reception with Trump and other guests, along with VIP front-row seating.
Backpack Announces TGE on March 23
According to an official announcement, Backpack announced its Token Generation Event (TGE) will be on March 23.
Avantis Announces Launch of AVNT Token Buyback and Burn Program
According to an official announcement on platform X, Avantis announced the launch of the AVNT token buyback and burn program. 30% of daily trading revenue (including opening fees, closing fees, and profit fees) will be used to repurchase and burn AVNT tokens on the open market. This mechanism is now officially active. The official statement indicated that the percentage of fees allocated for buybacks is expected to increase to over 50% following future protocol efficiency upgrades, anticipated to be implemented by the end of Q2 2026.
Tencent Responds to "Mass Scraping of ClawHub" Allegations: Only Pulled 1GB of Data from Official Source with Non-Concurrent Requests
Tencent's AI X account, Tencent AI (@TencentAI_News), responded to community allegations regarding "mass scraping of ClawHub," stating: "Hello Peter, we understand your concerns. SkillHub is a localized skills platform built by Tencent based on the OpenClaw ecosystem, aiming to provide better skill availability and speed for Chinese users.
We are transparently stating that we operate as a local mirror site and always attribute ClawHub as the data source. In the first week of launch, we handled 180GB of traffic for users (870k downloads), while only pulling 1GB of data from the official source (via non-concurrent requests).
Many members of our team are active contributors (code and PRs), and we are eager to support the ecosystem and become better sponsors."
Previous reports indicated that the community accused Tencent's platform SkillHub of mass scraping all skill data from OpenClaw's official skill marketplace, ClawHub, and importing it into its own platform. Peter Steinberger called on Tencent to provide some support rather than unilaterally consuming resources.
Perplexity Launches New Product 'Personal Computer,' Enabling 24/7 Cross-File, Cross-Application, and Cross-Session Operations
According to an official disclosure by AI search startup Perplexity, the company has formally announced the launch of 'Personal Computer.' This product, based on a continuously running Mac mini, deeply integrates Perplexity's AI capabilities with local devices, enabling 24/7 operation and supporting cross-file, cross-application, and cross-session operations.
Perplexity has now opened a waitlist application for the first batch of users and will provide corresponding support and resources to early users.
Crypto Accounting Startup Cryptio Completes $45 Million Series B Funding Round Led by BlackFin Capital Partners
According to a Fortune report, crypto accounting startup Cryptio announced the completion of a $45 million Series B funding round led by BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, and Ledger Cathay Capital. Cryptio provides software for enterprise digital asset tracking, crypto loan management, and blockchain asset monitoring. It currently has 110 employees and over 450 clients, including stablecoin issuer Circle and the blockchain subsidiary of Société Générale.
AI Procurement Automation Startup Oro Labs Completes $100 Million Series C Funding Round Led by Goldman Sachs
According to a Fortune report, Silicon Valley AI procurement automation startup Oro Labs announced the completion of a $100 million Series C funding round led by Goldman Sachs Growth Equity and Brighton Park Capital, with participation from existing investors Norwest Venture Partners, B Capital, XYZ Capital, and Felicis. This brings the company's total funding to $160 million. Oro Labs' "procurement orchestration platform" uses AI technology layered on top of enterprises' existing ERP and procurement systems, providing compliance review and process automation services for Fortune 500 clients like Coca-Cola, Pfizer, and Novartis.
Eightco Holdings Announces Completion of $125 Million Funding Round Led by Bitmine
According to PR Newswire, Eightco Holdings (NASDAQ: ORBS) announced the completion of a $125 million funding round. Bitmine (NYSE: BMNR) led with $75 million, with ARK Invest and Payward (Kraken's parent company) each committing $25 million. Other investors include Pantera, Coinfund, GSR, and other institutions. The company simultaneously disclosed a completed $50 million strategic investment in OpenAI and a $25 million investment in MrBeast's Beast Industries, while maintaining holdings in Worldcoin and Ethereum. Bitmine Chairman Tom Lee joined the ORBS board, and ARK Invest Chief Futurist Brett Winton joined as a board advisor.
Market Trends
Recommended Reading
Meta Acquires Moltbook: 42 Days, A Perfect Narrative Arbitrage
This article details the journey of an AI platform called Moltbook from its launch to its acquisition by Meta within 42 days, revealing the phenomenon of "narrative arbitrage" in the AI industry. Moltbook was an experimental platform generating code via AI assistants, specifically designed for AI agents. The article explores how narratives are excessively hyped in tech circles, how valuations are driven, and how retail investors often become the ultimate "bag holders" in this process.
Conversation with Bitget CEO & Dragonfly Partner: BTC at $60-70K is a Good DCA Opportunity, CEX is Moving Towards an "All-in-One" Endgame
This article primarily discusses the trend of cryptocurrency exchanges transforming into "Universal Exchanges" (UEX), along with the current state and future direction of the cryptocurrency market. Through a dialogue with Bitget CEO Gracy Chen and Dragonfly Capital partner Rob Hadick, it provides an in-depth analysis of tokenized assets, the application of AI technology in crypto trading, and the impact of geopolitics and macroeconomics on the market.
Strive Buys Strategy Stock: Bitcoin Treasury Companies Begin Interlocking Investments
This article describes how a company named Strive raised funds by issuing preferred shares (SATA) to purchase Bitcoin and preferred shares (STRC) issued by another Bitcoin-holding company, Strategy. This model of mutual investment is termed "interlocking" (套娃), and its core logic relies on the continuous rise of Bitcoin's price; otherwise, the entire chain could be at risk. Strive currently holds 13,311 Bitcoin, worth approximately $930 million, but its stock price has plummeted 97% from its high. Both companies are doubling down on Bitcoin investments, but this strategy carries significant market volatility risks.
3 Million to Snag a PhD, Post-95s Are Already "Old": AI Recruitment is "Burying" the Middle Layer
This article explores the current state of the job market in the artificial intelligence (AI) field, revealing that while the rapid development of the AI industry creates high-salary opportunities, it also leads to talent polarization and the squeezing out of the middle layer. The article analyzes the talent demand, hiring trends in AI sector, and the resulting social issues.
You're Still Installing OpenClaw, This Company Has Already Built an AI Computer
This article primarily introduces a company named Perplexity and its latest product, "Personal Computer"—a system that deeply integrates AI functionality into a Mac mini, designed to automatically complete user tasks through AI models rather than merely providing answers. The article also discusses the current state of the AI industry and the challenges faced by Perplexity.
