Hyperliquid founder Jeffrey Yan rejected a $1 billion valuation fundraising proposal less than a year after the project launched, believing that outside capital could undermine the project’s neutrality and long-term goals. Even though the team had been covering operations out of their own pockets, Yan still insisted on not taking investment.

Gate News message: On April 13, according to Gate market data, as of the time of publication, ARIA (Aria) is trading at $0.88. Over the past 24 hours, it has risen 3.86%, hitting a high of $1.01 and dropping to a low of $0.76. The trading volume over the past 24 hours was $7.2656 million. Its current market capitalization is approximately $161 million. Aria.AI is a next-generation game development and publishing experiment. Its inspiration comes from a Disney-style immersive world and AI technology, and it is designed around its own IP-related gameplay. It represents a major leap in bringing Web3-era game design and publishing standards of Web2 quality (and combined with AI execution) into the Web3 era. Aria has launched an open-world mobile game where players can earn rewards through the game, and it is possible to mint AR

Wang Yongli analyzed the progress of U.S. cryptocurrency asset policy in his article, saying that the CLARITY Act provides clear guidance for regulation. He emphasized that the development of the on-chain crypto world should be given due attention, and suggested implementing effective regulation based on an understanding of the nature of cryptocurrency assets, while also adapting the U.S. experience to the country’s own conditions.

Hong Kong Monetary Authority Deputy Chief Executive Officer Chen Weimin said that stablecoin issuers may choose to issue currencies such as Hong Kong dollars or renminbi based on their own discretion, but must obtain regulatory approval from the Mainland. As for the timetable for the second batch of stablecoin issuer licenses, there is no schedule yet. HSBC’s stablecoin will be integrated with PayMe and the HSBC HK App, supporting real-time transfers and person-to-merchant services.

Gate News message, on April 10, according to Gate market data, as of the time of publication, TAO (Bittensor) is trading at $269.80, down 16.28% over the past 24 hours. It reached a high of $341.10 and fell to a low of $248.60. The 24-hour trading volume is $14.71 million. The current market cap is approximately $2.59B. Bittensor is an open-source protocol that supports a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and earn rewards in TAO based on the value of the information they provide to the collective. TAO also enables external access, allowing users to extract information from the network and adjust network activity according to their own needs. --- Key recent news about TAO: 1️⃣ **

Alibaba confirms it has launched its own video generation model, HappyHorse-1.0, developed by the AI innovation division of Taotian Group. HappyHorse-1.0 performed exceptionally well in third-party evaluations. It has not yet been open-sourced and is consistent with Alibaba’s recent closed-source strategy. The release of the model is intended to respond to competitors’ market performance and strengthen its competitiveness in the MaaS market.

AI company Anthropic is considering designing its own AI chips to address the chip shortage. Although the plan is still in its early stages, it may ultimately choose to buy off-the-shelf chips; at present, there is no specific design plan or dedicated team.

Gate News message, April 9, according to a report by the AXIOS website, OpenAI is finalizing a product with advanced cybersecurity capabilities and plans to first roll it out to a small number of partners. According to reports, AI technology has already reached a tipping point in autonomy and hacking capabilities. Developers of AI models are concerned about the potential damage that their own tools could cause, so they are taking a cautious approach toward a wider release.

Wintermute launched a yield dashboard for its institutional platform NODE on April 9, providing quote estimates for options strategies across more than 50 assets. The tool lets users explore strategies on their own without disclosing information, making it suitable for institutions holding token positions with lower liquidity.

Gate News message. On April 9, according to Gate market data, as of the time of publication, ARIA (Aria) is trading at $0.67. It is up 32.95% over the past 24 hours, reaching a high of $0.74 and falling to a low of $0.49. The 24-hour trading volume is $1.0269 million. The current market cap is approximately $123 million. Aria.AI is a next-generation game development and publishing experiment. Its inspiration comes from a Disney-style immersive world and AI technology, and it is designed around game mechanics related to its own IP. It represents a major leap toward bringing Web2-quality game design and publishing standards (combined with AI execution) into the Web3 era. The project has launched an open-world mobile gaming experience, where players can go on adventures in a world called Fudonia,