3.19 AI Daily The era of AI has arrived, Jen-Hsun Huang announces leading tech giants to compete in new tracks.

1. Headlines

1. The NVIDIA GTC conference has sparked an AI craze, with Jensen Huang stating "The era of AI has arrived".

NVIDIA unveiled several new AI products at the GTC conference, including the Blackwell Ultra chip and the Vera Rubin super chip. CEO Jensen Huang stated in his keynote speech that "the era of AI has arrived" and looked forward to a roadmap for AI development that will transition from generative AI to agent-based AI and physical AI.

Jensen Huang believes that AI is undergoing a "scale expansion" revolution, and general artificial intelligence ( AGI ) is expected to achieve breakthroughs in the coming years. He revealed that NVIDIA has sold 3.6 million Blackwell chips, indicating strong market demand for AI chips. Meanwhile, public cloud providers are also purchasing AI chips in large quantities, reflecting the continued rise in AI investment enthusiasm.

Analysts point out that despite concerns over rising AI costs, NVIDIA's new product launches and Jensen Huang's optimistic outlook will further drive the penetration and application of AI technology across various industries. In the future, AI is expected to become a core driver of economic growth and social change.

2. OpenAI and Microsoft’s deep collaboration triggers antitrust investigation as regulators strengthen AI oversight.

U.S. regulators have launched an antitrust investigation into the partnership between OpenAI and Microsoft. The close collaboration between the two tech giants in the AI field has raised concerns about monopolistic markets.

OpenAI received a $10 billion investment from Microsoft last year, and the two parties have established a close alliance in AI model development and commercialization. Regulators are concerned that this collaboration could distort market competition and weaken the development space for other AI companies.

Analysts believe that AI technology is becoming a new battleground for tech giants. If regulation is left unchecked, a new monopolistic landscape could emerge in the AI market, hindering innovation and fair competition. Therefore, it is crucial to introduce AI antitrust regulations and regulatory measures in a timely manner to maintain the orderly operation of the market.

3. DeepMind CEO: AGI will achieve breakthroughs in 5-10 years.

Demis Hassabis, the CEO of Google's artificial intelligence company DeepMind, recently stated that he expects general artificial intelligence (AGI), which will surpass humans in most tasks, to achieve breakthroughs within 5 to 10 years.

Hassabis explained that the implementation of AGI requires three key factors: computing power, data, and algorithms. With the continuous growth of computing power and data, the breakthrough of algorithms will become the last obstacle to the realization of AGI. He believes that AGI, once realized, will revolutionize the way human society operates.

Industry insiders analyze that the emergence of AGI will have a profound impact on various sectors such as the economy, education, and healthcare. It can not only improve productivity but may also disrupt traditional employment patterns. Society needs to prepare in advance, formulating relevant policies to adapt to the arrival of the AGI era.

4. New US regulatory rules will limit algorithmic stablecoins, and the industry calls for cautious legislation.

The regulatory bill passed by the U.S. Senate this week has set a two-year ban on "stablecoins that rely solely on self-created digital assets as collateral," attracting industry attention.

The so-called "self-created digital assets" refer to stablecoins that rely solely on the issuer's own tokens as collateral for issuance, similar to algorithmic stablecoins. The legislation requires the Treasury to study the risks of such stablecoins and decide whether to lift the ban two years later.

Industry insiders believe that algorithmic stablecoins have advantages such as decentralization and transparency, making them an important direction for the development of stablecoins. Excessive restrictions may hinder innovation and affect the diversified development of the stablecoin ecosystem. They urge regulatory agencies to legislate cautiously, providing reasonable policy space under the premise of controllable risks.

5. ChatGPT Becomes the New Favorite in Programming, Developers Question Its Safety

The application of ChatGPT in the programming field is becoming increasingly widespread, but its security has also come under scrutiny. Some developers have found that the code generated by ChatGPT contains security vulnerabilities that could be exploited by hackers for attacks.

ChatGPT is able to generate code because it has absorbed a large amount of open source code repositories during its training. However, due to a lack of understanding of code security, the generated code may contain vulnerabilities.

Analysts say that while ChatGPT has great potential in improving development efficiency, there are risks in directly applying its generated code to production environments. Developers need to thoroughly review the code generated by ChatGPT to ensure its safety and reliability before use. At the same time, AI companies should also strengthen the security training of language models to improve the quality of the generated code.

2. Industry Data

1. MUBARAK

The recent trading price of MUBARAK is $0.1800, with a daily increase of +40.80%.

2. BTC

The recent transaction price of BTC is 83164.8000 USD, with a daily decline of -0.40%.

3. ETH

The recent transaction price of ETH is 1905.0200 USD, with a daily increase of +0.20%.

4. PI

The recent trading price of PI is 1.1843 USD, with a daily decline of -15.10%.

5. GT

The recent trading price of GT is $22.0450, with a daily increase of +0.40%.

3. Industry News

1. The price of Bitcoin remains above $85,000, but investor sentiment is cautious.

The price of Bitcoin has remained relatively stable over the past 24 hours, staying above $85,000. However, amid the uncertainty before the Federal Reserve's interest rate decision, investor sentiment appears to be relatively cautious. Trading volume and volatility have both decreased, reflecting that market participants are watching the situation develop.

Analysts point out that Bitcoin is unlikely to find significant favorable factors to drive a rebound in the short term. QCP Capital states that the current strategy still leans towards capital protection-oriented yield strategies to cope with potential market downturn risks. Meanwhile, gold prices continue to rise, and some funds may flow from the cryptocurrency market to this traditional safe-haven asset.

However, in the long run, Bitcoin remains an attractive tool for hedging political and economic risks. Matt Hougan from Wise believes that the short-term pullback reflects the market's reaction to uncertainty, but long-term investors should focus on long-term returns, as short-term pullbacks may present opportunities to enter the market at a lower price.

Overall, the price of Bitcoin may fluctuate within a range in the short term. Investors need to closely monitor the direction of Federal Reserve policies, geopolitical situations, and other factors to cautiously grasp risks and opportunities.

2. Ethereum is under selling pressure, focusing on the key support level of $1060

The price of Ethereum has dropped in the past 24 hours and is currently trading above $1700. Analysts warn that if it cannot stabilize at the key support level of $1060, Ethereum may face further downside risks.

Standard Chartered has revised its price forecast for Ethereum in 2025 from $10,000 down to $4,000, reflecting heightened concerns about its long-term performance. Some analysts believe that the price of Ethereum is currently in a prolonged bear market cycle.

The price trend of Ethereum is influenced by multiple factors. First, the overall sentiment in the cryptocurrency market is relatively sluggish, with a rise in risk aversion. Secondly, the development of some popular tracks in the Ethereum ecosystem, such as NFTs and DeFi, has slowed down, leading to a decrease in attractiveness. In addition, the economic model imbalance between Ethereum and its layer two scaling solutions has also drawn attention.

However, the Ethereum ecosystem is still constantly evolving and innovating. Scaling solutions such as ZK-Rollup are expected to significantly improve transaction speeds and reduce fees, bringing new development momentum to Ethereum. Investors need to closely monitor the development trends of the Ethereum ecosystem and carefully assess risks and opportunities.

3. Solana ecosystem game upgrade, "dissolving partnership" with Pump.fun

Recently, there have been some new developments in the Solana ecosystem. Solana announced the launch of its own token issuance platform, LaunchLab, completely parting ways with Pump.fun. Previously, Pump.fun contributed over 35% of the revenue, and the "divorce" between the two has attracted widespread attention.

Analysts believe that this move aims to reduce dependence on Pump.fun and provide users with more services. The launch of LaunchLab will intensify competition among Solana ecosystem token issuance platforms, offering users more choices.

At the same time, other popular projects within the Solana ecosystem, such as Sonic and Puffer, are also actively expanding their business landscape. The entire Solana ecosystem is undergoing an internal struggle, with all parties striving to win users' trust and liquidity.

The outcome of this game will largely determine the future development direction of the Solana ecosystem. If it can attract more quality projects and funds, Solana will further expand its influence in the cryptocurrency field. Conversely, it may be overtaken by other ecosystems. Investors need to closely monitor the internal dynamics of the Solana ecosystem and prudently grasp risks and opportunities.

4. Project News

1. Aizel Network implements the industry's first natural language transfer function based on the MCP protocol

Aizel Network is a leading on-chain AI infrastructure project aimed at providing trustworthy and privacy-preserving intelligent computing services for blockchain. The project recently announced the successful implementation of on-chain and cross-chain natural language transfer functionality based on the MCP protocol, becoming the first project in the industry to apply this protocol to on-chain AI.

This breakthrough provides a more efficient and secure solution for decentralized AI computing and smart contract execution. Aizel Network utilizes trusted execution environment (TEE) technology to offer high-performance AI computing capabilities while protecting privacy. Through the MCP protocol, users can perform on-chain asset transfers using natural language commands, greatly enhancing the interaction experience.

The implementation of this feature marks another significant advancement for the Aizel Network in the field of on-chain AI infrastructure. It not only brings a new way of intelligent interaction to the blockchain ecosystem but also opens up new possibilities for the integration of AI and blockchain technology. Industry insiders believe that this innovation is expected to drive the development of the ecosystem and inject new vitality into applications such as smart contracts.

Previously, Aizel Network successfully ran the DeepSeek R1 671B full version model in a GPU TEE environment, achieving a single-task throughput of 11 tokens/s, further consolidating its position as a leading on-chain AI infrastructure. In the future, the project will continue to focus on enhancing on-chain AI computing capabilities, injecting more innovative momentum into the ecosystem.

2. Peer has launched the 3D personal planet feature, bringing a new experience to virtual socializing.

Peer is an innovative company focused on metaverse technology, aiming to provide users with an immersive virtual experience. The company's latest feature, the 3D personal planet, allows users to create and customize digital spaces for social interaction, bringing a new experience to virtual socializing.

The Peer Metaverse Engine provides developers with the tools to create AI-generated digital environments. Its AI framework can automate certain aspects of content creation, reducing the complexity of development and making it easier for more users to use. Through the 3D personal planet feature, users can design unique virtual scenes according to their preferences, invite friends to join, and achieve immersive social interactions.

This innovation injects new vitality into social interactions in the metaverse, surpassing traditional static content forms. Users are no longer limited to simple text or video exchanges but can freely explore and interact in immersive virtual spaces, gaining a more immersive experience.

Industry insiders believe that Peer’s 3D personal planet feature demonstrates the immense potential of metaverse technology in the social field. With continuous advancements in technology, virtual socializing will become more widespread, bringing new possibilities to people’s online lives. At the same time, this also opens up new application scenarios for the development of metaverse-related technologies.

In the future, Peer will continue to focus on enhancing virtual reality experiences, bringing more innovative features to users. As the concept of the metaverse becomes increasingly ingrained in people's minds, related technologies are expected to play an important role in various fields such as social interaction and entertainment.

3. Tether promotes solar kiosks in Africa, integrating stablecoin payments.

Tether is a leading stablecoin issuer, and its latest plan aims to combine solar energy kiosks with stablecoin payments to provide energy and financial services in Africa. This initiative helps to improve local electricity accessibility while promoting the development of stablecoins in Africa.

Currently, hundreds of solar kiosks are in operation, providing monthly subscription services for high-performance batteries, which users can pay for using USDt and coins. Tether plans to expand this model to 100,000 solar kiosks, aiding in the electrification of the African continent.

This initiative not only brings innovative off-grid energy solutions to the African region but also provides a new outlet for stablecoins in practical application scenarios. By integrating with solar kiosks, Tether injects new use cases for stablecoins, which is expected to further promote their development in the African market.

Industry insiders believe that Tether's plan is of significant importance. It not only helps to address the energy shortage issues in Africa but also provides a good demonstration for the application of blockchain technology in real life. As the plan progresses, stablecoins are expected to play a larger role on the African continent, bringing more convenience to local residents.

At the same time, this initiative also reflects that stablecoin issuers are actively expanding practical application scenarios, laying the foundation for the long-term development of stablecoins. In the future, we can expect to see more innovative applications emerge, further promoting the development of the stablecoin ecosystem.

5. Economic Dynamics

1. The Federal Reserve maintains interest rates, focusing on the balance between inflation and economic growth.

The current economic environment presents a complex situation. The latest data shows that the annualized GDP growth rate in the United States for the first quarter is 2.6%, slightly below expectations, but still within the moderate growth range. The inflation rate remains high at around 6%, far exceeding the Federal Reserve's target of 2%. The labor market remains strong, with the unemployment rate holding steady at a low 3.6%.

In the interest rate decision on March 20, the Federal Reserve decided to maintain the target range for the federal funds rate at 4.25%-4.5%. This decision reflects the Fed's balancing act between inflation and economic growth. On one hand, persistently high inflation makes it difficult for the Fed to ease monetary policy; on the other hand, signs of economic slowdown also make the Fed reluctant to raise interest rates excessively.

Recently, the turmoil in the U.S. banking industry has raised concerns about financial stability, which is also an important consideration for the Federal Reserve's decision-making. Federal Reserve Chairman Powell stated at a press conference that the banking system remains generally robust, but the Fed will closely monitor the situation and take action to maintain financial stability if necessary.

In terms of the market, investors reacted mildly to the Fed's decision. The S&P 500 index rose slightly, while risk assets like Bitcoin remained volatile. Analysts believe that the Fed's decision to hold steady for now is a wise move, but there is still uncertainty regarding the future direction of policy.

Goldman Sachs chief economist Jan Hatzius stated: "Given the current economic and financial environment, maintaining interest rates at their current level is a reasonable choice. However, the Fed needs to continue to closely monitor inflation and economic data and maintain policy flexibility."

Overall, the Federal Reserve is striving to strike a balance between inflation and economic growth, and maintaining financial stability is also a top priority at present. The future direction of policy will depend on changes in economic data, and there are still divergences in market expectations.

2. The Trump administration promotes stablecoin regulation to maintain the dominance of the US dollar.

Against the backdrop of the rapid development of digital assets, the Trump administration is intensifying efforts to advance stablecoin regulation to maintain the dominance of the dollar in the global financial system.

Bo Hines, Executive Director of the Digital Asset Advisory Committee under the Trump administration, revealed that a comprehensive stablecoin regulatory bill is expected to be completed in the coming months. This reflects the government's urgency to maintain the dominance of the dollar in on-chain transactions.

Stablecoins, as digital tokens pegged to legal tender, play a critical role in the cryptocurrency ecosystem. However, their regulatory vacuum has also raised some risks, such as potential financial stability threats, money laundering, and tax evasion.

The Trump administration believes that establishing a comprehensive regulatory framework is crucial for maintaining the international status of the US dollar. Regulatory measures may include requiring stablecoin issuers to hold sufficient reserve assets, comply with anti-money laundering and "know your customer" regulations, among others.

Market participants have differing views on regulatory attitudes. Supporters believe that reasonable regulation will enhance the transparency and credibility of stablecoins, benefiting their long-term development. However, critics worry that excessive regulation may stifle innovation and undermine the decentralized nature of cryptocurrencies.

Goldman Sachs analyst Zach Pandl stated: "The key to stablecoin regulation lies in balancing innovation and risk management. Too loose may bring financial risks, while too strict could hinder development. The government needs to seek an appropriate balance between the two."

Overall, the regulation of stablecoins reflects the game between the traditional financial system and emerging digital assets. The goal of the Trump administration is to maintain the dominance of the US dollar while also considering the development needs of cryptocurrency innovation.

3. The Bank of Japan maintains an accommodative policy, and the economic recovery outlook is uncertain.

In the interest rate decision on March 20, the Bank of Japan decided to maintain its loose monetary policy and reiterated its patience in waiting for inflation to reach the 2% target. However, there are still uncertainties regarding the outlook for Japan's economic recovery.

The latest data shows that Japan's annualized revised GDP for the first quarter is 0.1%, lower than previously expected. Although the inflation rate has declined somewhat, the core inflation rate still hovers around a high level of about 3%. The labor market remains robust, with the unemployment rate maintained at a low level of 2.8%.

The Governor of the Bank of Japan, Haruhiko Kuroda, stated at a press conference that Japan's economy is undergoing a moderate recovery, but some sectors still show weakness. The high uncertainty in the global trade situation may affect companies' wage and price-setting behavior.

Market participants have mixed reactions to the Bank of Japan's decision. Supporters argue that maintaining an accommodative policy is a reasonable move in light of easing inflationary pressures. However, critics worry that excessive accommodation could exacerbate the depreciation of the yen and trigger risks of asset bubbles.

Citibank's Chief Economist for Japan, Nelson Norris, stated: "The biggest challenge facing the Bank of Japan is to seek a balance between inflation and economic growth. If it is too eager to exit easing, it may stifle the fragile economic recovery; but if it excessively issues currency, it may trigger financial turmoil."

Overall, the Bank of Japan maintains an accommodative stance aimed at creating favorable conditions for economic recovery. However, with increasing global uncertainty, there are still downside risks to Japan's economic outlook, and the central bank needs to continue to closely monitor changes in the situation.

6. Regulation & Policy

1. The Dubai Financial Services Authority launches a tokenized regulatory sandbox.

The Dubai Financial Services Authority ( (DFSA) has recently announced the launch of a tokenized regulatory sandbox program, inviting companies to test tokenized financial solutions in a controlled environment. The program aims to support fintech innovation, providing regulatory guidance to companies to help them refine their products and obtain full authorization.

As the regulatory authority of the Dubai International Financial Centre, the DFSA plays an important role in the blockchain and cryptocurrency field. The launch of the tokenized regulatory sandbox reflects Dubai's open attitude towards the regulation of crypto assets, aiming to create a favorable environment for innovative enterprises while ensuring investor protection.

According to the DFSA, eligible services include tokenised shares, bonds, sukuk as well as units of collective investment funds. Existing businesses that have been authorized by DFSA and want to expand their tokenized business, as well as eligible new applicants, can submit an application to participate. Successful companies will receive structured testing opportunities within the sandbox and receive tailored regulatory guidance.

The DFSA emphasizes that only companies with a strong business model and solid compliance capabilities will be selected. This sandbox program is part of the DFSA's broader innovation testing license initiative, aimed at helping businesses refine financial products and prepare for full authorization.

Industry insiders welcome this. They believe that regulatory sandboxes provide a safe and controlled environment for companies to test innovative ideas, helping to reduce compliance costs and risks. At the same time, this initiative also demonstrates Dubai's determination to attract fintech companies.

) 2. North Dakota, USA, proposes legislation to regulate virtual currency ATMs.

The North Dakota Legislative Assembly recently proposed the "Virtual Currency Self-Service Terminal ### ATM ( Regulation Bill," which aims to implement strict regulation on crypto ATMs. The bill was overwhelmingly passed by the Senate and is currently awaiting consideration by the House of Representatives.

According to the content of the bill, all virtual currency ATM operators must hold a state currency transmission license. At the same time, the transaction amount for a single user at the same operator's virtual currency ATM cannot exceed $2,000 per day. In addition, operators are required to use blockchain analysis tools to monitor suspicious activities and report them, providing quarterly reports ) that include terminal locations, names, and transaction data (, and are mandated to post fraud warning signs.

The North Dakota government believes that there is a risk of cryptocurrency ATMs being used for illegal activities, and therefore, it is necessary to strengthen regulation. In recent years, there has been a surge in cryptocurrency-related fraud cases in the state, with a lack of regulation being the main cause. Through legislation, the state government hopes to combat criminal activities and protect consumer rights.

Once the bill takes effect, it will bring higher compliance costs for cryptocurrency ATM operators. However, industry insiders believe that reasonable regulation is beneficial for the long-term development of the industry. Cryptocurrency ATM operators need to improve their internal systems and strengthen risk management to comply with the new regulations.

Experts say that cryptocurrency asset regulation is gradually being implemented globally. Governments around the world are weighing the balance between innovation and risk, striving to create a regulatory environment conducive to the healthy development of the industry. The approach taken by North Dakota reflects the growing trend of stricter regulation.

) 3. The U.S. government will introduce a comprehensive stablecoin regulatory bill.

Senior officials from the U.S. government revealed that a comprehensive stablecoin regulation bill is expected to be finalized in the coming months, reflecting the government's urgency in maintaining the dominance of the dollar in on-chain transactions.

Stablecoins serve as a bridge between cryptocurrencies and traditional financial systems, and their regulatory issues have always been a point of concern. The U.S. government recognizes that the lack of unified regulation will bring systemic risks, so it has decided to introduce comprehensive legislation to clarify the rules for the issuance and operation of stablecoins.

It is reported that the bill will require stablecoin issuers to hold reserves in a 1:1 ratio of US dollars, insured bank deposits, or short-term Treasury bills. At the same time, issuers must undergo audits to ensure that reserve assets are sufficient. In addition, the bill will also regulate the application of stablecoins in areas such as payments and settlements.

The U.S. government believes that stablecoin regulation will help maintain financial stability, protect consumer rights, and promote innovation. At the same time, this is also an important part of maintaining the international status of the US dollar. As cryptocurrency trading volumes continue to grow, the government wants to ensure the dominance of the US dollar in on-chain transactions through regulation.

Industry insiders welcome this. They believe that a unified regulatory framework will create a good environment for the development of stablecoins, which is beneficial for attracting more institutional investors to participate. However, some are concerned that excessive regulation may stifle innovation.

Experts point out that the regulation of stablecoins is a complex system project that requires balancing multiple interests. Governments need to seek a balance between protecting investors, maintaining financial stability, and supporting innovation. At the same time, regulation should align with international standards to avoid regulatory arbitrage.

4. Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission, calls for stronger cryptocurrency regulation.

The Chairman of the U.S. Securities and Exchange Commission, Gary Gensler, recently called for stronger regulation of the cryptocurrency market to protect investors' rights. He stated that crypto assets carry high risks and that a comprehensive and coordinated regulatory framework needs to be established.

Gensler pointed out that there is currently a regulatory vacuum in the cryptocurrency market, leaving investors at risk of fraud, manipulation, and other illegal activities. He urged Congress to grant the SEC more authority to regulate cryptocurrency exchanges and other crypto intermediaries.

At the same time, Gensler also suggested that cryptocurrency issuers need to comply with securities law regulations to ensure investors receive adequate information disclosure. He stated that most cryptocurrency projects are essentially securities investments and should be subject to SEC regulation.

Gensler's remarks have sparked heated discussions within the industry. Supporters believe that strengthening regulation is beneficial for rectifying market order, eliminating speculative bubbles, and creating a favorable environment for the long-term development of cryptocurrencies. However, there are also concerns that excessive regulation may stifle innovation and hinder industry growth.

Expert analysis points out that Gensler's call reflects the U.S. government's determination to regulate cryptocurrencies. As the cryptocurrency market continues to expand, the risks brought about by the lack of regulation are becoming increasingly prominent, making the need for stronger regulation urgent.

However, experts also remind us that regulation needs to keep pace with the times; it should protect investors' rights while not completely stifling innovation. At the same time, regulation should align with international standards to avoid regulatory arbitrage. Only by establishing a comprehensive and coordinated regulatory framework can the cryptocurrency market develop healthily.