Gate founder Dr. Han introduced the platform’s development in the anniversary public letter, including deepening the AI ecosystem and a multi-asset trading framework. Gate is building an AI product ecosystem and has launched a TradFi trading section, covering multiple asset types to meet users’ needs. In addition, it has rolled out a digital Pre-IPOs participation mechanism, giving users a new way to access high-quality public offering projects. Going forward, Gate will continue to strengthen its infrastructure and enhance users’ global digital asset trading experience.

The European Central Bank supports consolidating regulatory authority over crypto assets with the European Securities and Markets Authority (ESMA). The proposal is intended to unify supervision, reduce opportunities for regulatory arbitrage, improve the efficiency of cross-border coordination, and strengthen investor protection. Going forward, ESMA will be responsible for regulating stablecoins, trading platforms, and more; the specific implementation details are still to be clarified.

X platform product lead Nikta Bier announced that the split for aggregated accounts will be reduced to 60% and that it plans to reduce it by another 20% in the next cycle. This move is intended to curb the impact of stolen content and clickbait information on real creators. Going forward, accounts that use clickbait-style tags will face a permanent reduction in earnings.

Bittensor co-founder Jacob Steeves responds to the Covenant AI incident, accusing its founder of betraying trust and issuing an apology. Steeves says he will move forward with a locked staking mechanism, enhance protocol transparency and resilience to risk, and continue to push for open AI development.

Starbucks CEO Brian Niccol said the company is moving forward with AI experiments, especially a system called “green dot,” which helps employees resolve device issues and drink preparation. In the future, Starbucks plans to improve the seamlessness and personalization of the ordering experience by using applications to predict users’ ordering needs.

The Quantum-Safe Bitcoin (QSB) proposal put forward by StarkWare researcher Avihu Levy uses existing Bitcoin scripts to provide post-quantum security, avoiding a soft fork. QSB uses a Binohash-based construction and a “hash-to-signature” puzzle to defend against quantum computers’ attacks on elliptic curve cryptography. The scheme relies on RIPEMD-160’s preimage resistance, effectively strengthening the security of Bitcoin transactions.

Covenant AI announced that it is exiting the Bittensor network, questioning the authenticity of its decentralized governance structure and believing that decision-making power is centralized and lacks transparency. In recent subnet operations, it encountered improper behavior such as adjustments to management privileges. It believes this is inconsistent with the principles of decentralization. Covenant AI will continue to push forward in the direction of decentralized AI training.

WLFI’s official response to market concerns says there is no liquidation risk, and that it relies on adding collateral to handle market volatility. Current annualized revenue is about $159.5 million, and it is set to buy back 435 million WLFI tokens. Next week, it will put forward a governance proposal to discuss unlocking early locked tokens and upgrading the USD1 feature.

Gate News update: On April 9, the U.S. Department of the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) today announced the launch of a new initiative designed to strengthen cybersecurity protection capabilities across the digital asset industry. The program will provide timely, actionable cybersecurity information to eligible U.S. digital asset companies and industry organizations, helping them more effectively identify, prevent, and respond to cyber threats targeting customers and network systems. This initiative implements key recommendations put forward by the President’s Working Group on Digital Asset Markets in its report, “Strengthening U.S. Leadership in Digital Financial Technology.”

OpenAI has paused the Stargate infrastructure project it planned to advance in the UK due to high energy costs and regulatory uncertainty. Whether the project will move forward is still being evaluated; OpenAI will instead use third-party cloud services, and it is expected that compute spending will be significantly reduced by 2030.