Gate News reports that on March 26, Onchain Lens monitoring showed that a Hyperliquid whale with cumulative profits and losses of +$16.39 million, suspected to be associated with NervousDegen, recently opened long positions. The address opened 100 BTC longs (40x leverage) with a notional value of approximately $7.09 million; simultaneously opened 1 million LIT longs (5x leverage) with a notional value of approximately $982,000. Additionally, the address currently holds 75,160 HYPE spot and staking positions with a combined value of approximately $3.01 million.

On March 26, Polymarket's probability of the Clarity Act becoming law dropped to 54% due to industry disagreements over a compromise proposal on stablecoin yield provisions. A certain CEX expressed dissatisfaction with the compromise text, with divided opinions within the industry affecting stablecoin issuer stock prices. A White House advisor stated the matter will be addressed, with the final text expected to be released this weekend.

According to 1M AI News monitoring, Mercedes-Benz China announced that an edge-side multimodal large model jointly developed with Tsinghua University and Zhipu, an AI large model company listed on the Hong Kong Stock Exchange in January this year, will be deployed in the next-generation Maybach S-Class and the new S-Class sedan. The model is deployed in the rear-seat entertainment system, integrating natural language processing with multimodal understanding and generation capabilities in vision, audio, and other modalities. Combined with in-vehicle cameras and other perceptual hardware, it completes inference under local computing power conditions. According to Zhipu's official statement, Mercedes-Benz has become the first automotive brand to apply multimodal large models in rear-seat entertainment systems.

Gate News report: On March 26, according to Onchain Lens monitoring, a wallet address (0xA17...7dc9) suspected to be related to Bitmine received 50,000 ETH from institutional trading platform FalconX, valued at approximately $108.37 million at current prices.

March 25, the U.S. House Financial Services Committee held a hearing discussing the SEC's upcoming tokenized asset innovation exemption program. Republican lawmakers supported tokenization development, while Democrats expressed concerns about weakened regulation. The SEC Chair indicated that public comments will be sought, with the exemption expected to be released in the coming weeks.

US House Financial Services Committee held a hearing on March 25 to discuss the future of tokenization and securities, emphasizing tokenization trends and investor protection. The SEC Chair stated that it will seek public comments and may roll out tokenization innovation exemptions in the coming weeks. Some members of Congress expressed concerns about this.

AI game original platform Verse8 completes $5 million seed round financing, led by multiple investment institutions. The financing will be used to advance core AI systems, expand creator programs, and infrastructure. Since launching in July 2024, Verse8 has attracted over 3.5 million users and 5,000 creators.

Despite Circle's stock price declining by approximately 20% recently, institutions remain optimistic about its prospects, with valuations expected to reach $75 billion by 2030. Analysts believe that the expansion of the stablecoin market and Circle's market share will continue to drive its growth, though its influence may be constrained by competitors' compliance progress.

Marshall Islands-based basic income project company M1X Global completed a $3 million fundraising round, with investors primarily being executives from the cryptocurrency and financial sectors. The funds will be used to develop the USDM1 digital sovereign bond, which will support local residents' participation in the UBI program. The bond is scheduled to launch on the Stellar blockchain in December 2025.

Gate News report: On March 25, Resolv Foundation announced that due to a recent security incident involving Resolv Labs' stablecoin USR, both the protocol and applications have been suspended. Season 4 airdrop claim functionality is temporarily unavailable, and staking and unstaking functions for RESOLV tokens are also temporarily unavailable. Once the protocol recovery plan is finalized and the application can be safely used again, the relevant functions will be restored.