According to residual monitoring, edgeX treasury recently reduced by 50 million units of stablecoins, falling to $140 million. Two wallets, including market makers Amber Group, transferred this portion of USDC cross-chain into edgeX, which may be used for market making or token buybacks.

The Web3 social infrastructure project UXLINK has launched the AI component X-AGENT, aimed at providing advanced social expansion solutions for creators and brands. X-AGENT combines AI automation with real social connections to support social network growth. Its bidirectional AI token economic model links consumption with value output to achieve sustainability. The system will go live next week, and users can pre-register for an early experience.

Gate News message: On March 28, Genius, a Perp DEX trading terminal supported by YZi Labs, announced its token allocation plans for three seasons. 21% of the total Genius token supply will be allocated to the community, with 7% each for Season 1, Season 2, and Season 3. Genius said that Season 1 is about to end.

Vietnam's Ministry of Public Security has detained several individuals related to the cryptocurrency platform ONUS, accusing them of embezzling investor funds through false advertising, involving billions of dollars. Investigators claim the suspects manipulated token supply and demand, with 140 people already summoned for questioning. The ONUS platform claims to have 7 million users and a market value of approximately $25 million, but has not yet responded to these allegations.

Gate News announcement, on March 27, MetaMask announced that it has fully supported the HyperEVM network. Users can now directly perform token swap operations with the HyperEVM network in the MetaMask wallet.

The White Whale meme coin crashed by approximately 50% on March 27, with a market cap dropping to $12 million. The well-known trader The White Whale announced his exit from the leadership role and locked up 500 million tokens. He feels exhausted due to family crises and community pressure, gradually losing enthusiasm. Investors need to be cautious of the high volatility and risks associated with meme coins.

BlockBeats news, on March 27, a senior executive at Baidu revealed during an internal discussion with employees that over 50% of Baidu employees are currently "raising lobsters," stating that the (token) budget is not an issue and that related investments will not be solely restricted by budget constraints. The key lies in individual proactive internalization of AI capabilities. Once the direction becomes clearer, the company will carry out overall planning and resource focus, fully promoting the evolution of "from small lobster to big lobster," and providing necessary organizational support. (First Financial reporter)

Since the launch of the Flare Network's XRP DeFi ecosystem six months ago, new user growth has fallen far below expectations, with an average of only 76 new users per day. The native token FLR has seen a significant price drop since the airdrop in 2023, leading to stagnation in ecosystem development, with major challenges in user expansion and asset locking.

On March 27, the Web3 social project UXLINK announced an ecological strategy upgrade, launching UX Agent and an AI social network, combining social growth layers with AI technology to achieve content optimization and automation. The new model will adjust the token economy through community voting, aiming to build an intelligent social network where humans and AI coexist, protecting the interests of existing users.

Backpack founder Armani Ferrante addressed community concerns on social media, clarifying that the team did not cash out via OTC trading, outlined holder rights arrangements, introduced a new witch review and handling approach, and emphasized that token performance is closely tied to the team’s interests—while pushing forward related work and product development.