Important information last night and this morning (March 31-April 1)

Elon Musk plans to resign from his position at the Department of U.S. Government Efficiency (DOGE) at the end of May, according to Xiaoxiang Morning News. In an interview with Fox News, Musk said he was confident that he would achieve his goal of reducing the federal deficit by $1 trillion before leaving office. He also stressed that the government was inefficient, there was a lot of waste and fraud, and he was confident that he could reduce spending by 15% without affecting key services. In addition, Musk questioned the phenomenon of the unusually rich wealth of members of Congress. He pointed out that many members of Congress only earn $200,000 a year, but have assets as high as $20 million, questioning how they can accumulate such huge wealth on limited income.

Arthur Hayes, co-founder of BitMEX, said in a recent blog post: "Bitcoin Value = Technology + Fiat Liquidity. The technology works and is not going to change in any significant way in the near future, for better or worse. Therefore, Bitcoin is traded entirely based on the market's expectations of future fiat money supply. If my analysis of the Fed's major pivot from Treasury QT to QE is correct, then Bitcoin hit a local low of $76,500 last month and now we are starting to move towards $250,000 by the end of the year. Of course, this is not an exact science, but if I use gold as an example, if I had to bet between whether I think Bitcoin will hit $76,500 or $110,000 first, I would bet on the latter. Even if the U.S. stock market continues to fall due to tariffs, collapsing earnings expectations, or falling foreign demand, I still believe there is a greater probability that Bitcoin will continue to climb. Recognizing the pros and cons, Maelstrom is deploying capital cautiously. We do not use leverage, and we make small purchases relative to the size of our total portfolio. We have been buying Bitcoin and Altcoin at all levels between $90,000 and $76,500. The pace of capital deployment will speed up or slow down depending on the accuracy of my forecasts. I still believe that Bitcoin can reach $250,000 by the end of the year. ”

According to crypto journalist Eleanor Terrett, Bryan Steil, chairman of the U.S. House of Representatives Digital Assets Subcommittee, revealed that after Wednesday's deliberations, the U.S. House of Representatives' STABLE Act (Stablecoin Transparency and Accountability for a Better Ledger Economy Act) will be "well aligned with the Senate's GENIUS Act (Guiding and Establishing the U.S. Stablecoin National Innovation Act)", which was achieved after several rounds of "draft revisions" in the House and Senate and technical assistance from the SEC and CFTC. Bryan Steil believes that there are 20% differences between the bill and the GENIUS Act, and these differences are only in text, not significant or substantial. At present, the biggest difference between the two is the requirements for international stablecoin issuers, state regulation of issuers, and some smaller technical differences between the two texts. Steil said, "At the end of the day, I think everyone recognizes that we want to work with our colleagues in the Senate to get this bill passed."

SlowMist Technology Chief Information Security Officer 23pds posted on the X platform that the zkLend hacker (the original case occurred in February) accidentally clicked on a phishing website when trying to use Tornado Cash, and 2,930 ETH of stolen money was stolen by the phishing website.

According to the monitoring of on-chain analyst Ember, USDT issuer Tether purchased another 8,888 BTC (US$735 million) in the first quarter of this year: The address where Tether purchased and reserved BTC withdrew 8,888 BTC from Bitfinex on the first day of the first quarter. This is the BTC purchased by Tether in the first quarter of this year: Tether announced in May 2023 that it would regularly use 15% of the company's profits to purchase Bitcoin to enhance its reserves. Tether currently holds a total of 92,647 BTC (US$7.64 billion), making it the sixth largest BTC wallet address. Their combined BTC purchase cost is approximately US$41,147, and their current floating profit is as high as US$3.83 billion.

According to Beincrypto, Larry Fink, CEO of BlackRock, claimed in a recent letter that Bitcoin and cryptocurrencies could undermine the international status of the US dollar. If investors view Bitcoin as a hedge against US dollar inflation, this could cause serious problems. However, he also insisted that the industry has many advantages, especially through tokenization. Larry Fink said that the best interests of cryptocurrencies are not always aligned with traditional finance (TradFi) or the US dollar. He said: "For decades, the United States has benefited from the status of the US dollar as a global reserve currency. But this is not guaranteed to be the case forever. By 2030, the government's mandatory spending and debt repayments will exhaust all federal revenues, resulting in a permanent deficit. If the United States cannot control its debt... the United States may give this status to digital assets such as Bitcoin." To be clear, Fink insisted that he supports cryptocurrencies and listed some practical problems that he believes cryptocurrencies can solve. He showed particular interest in asset tokenization, claiming that digital native infrastructure will improve and democratize the traditional financial ecosystem. Despite these advantages of cryptocurrencies, Fink also recognizes that cryptocurrencies can be dangerous to the US economy if not managed properly. He spoke about the long-standing practice of using cryptocurrencies as a hedge against inflation, which is a smart approach for many assets.

According to OnchainLens, Vitalik has sent 274.1 $ETH ($500,000) as funding or donation to a contract deployed by @0xisla, which is building Zuitzerland.

According to Bitcoin.com, the Nigerian Investment and Securities Act (ISA) 2025, recently signed by Nigerian President Bola Ahmed Tinubu, effectively ended the uncertainty surrounding the status of cryptocurrencies. The new bill actually repealed the Investment and Securities Act No. 29 of 2007. This revised securities law "officially" recognizes cryptocurrencies as an asset class. This recognition not only eliminates the uncertainty surrounding cryptocurrencies, but also means that they are no longer prohibited assets. In addition, law enforcement agencies that have "harassed" people involved in these assets will have to stop such behavior. Emomotimi Agama, Director General of the Nigerian Securities and Exchange Commission (SEC), said that the new law gives the Nigerian Securities and Exchange Commission the power to promote innovation and protect investors more effectively, which repositions Nigeria as a competitive destination for attracting domestic and foreign investment. In addition to recognizing digital assets and investment contracts as securities, the Investment and Securities Act 2025 also explicitly places virtual asset service providers (VASPs) under the supervision of the Nigerian Securities and Exchange Commission. The law also prohibits Ponzi schemes and imposes severe penalties on the planners of the scam, including imprisonment.

According to CoinDesk, the crypto-AI project Ambient has completed a $7.2 million seed round of financing, with participation from a16z's crypto accelerator program, Delphi Digital and Amber Group. It is reported that Ambient aims to combine artificial intelligence technology to provide fast, cheap and open intelligent services. The project uses a proof-of-work mechanism similar to Bitcoin and is similar to the way Solana's network operates.

According to OnchainLens monitoring, 4 hours ago, Vitalik sold his last 5,000 DHN in exchange for 93,655 USDC, and sold 2 trillion LEDOG in exchange for 16,569 USDC.

According to The Block, 0xbow, a team of cryptographers including Ethereum senior developers Ameen Soleimani and Zak Cole, recently launched a new tool to enhance on-chain privacy. According to an announcement released by the X platform, the technology called "Privacy Pools" was officially launched on the mainnet on Monday. Privacy pools are a hybrid network system that uses zero-knowledge proofs and "Association Set Providers" to ensure that only "clean" funds can enter the pool. Its goal is to provide privacy protection for ordinary cryptocurrency users while maintaining regulatory compliance. Users can use zero-knowledge proofs to privately deposit and withdraw ERC-20 tokens, while the Association Set Provider (ASP) will ensure compliance by reviewing funds. The operation process includes: connecting to networks such as Ethereum or Layer 2 Gnosis through a compatible wallet, creating a dedicated 0xbow wallet, depositing funds into the pool, and withdrawing to a new shielded address. Unlike traditional mixers such as Tornado Cash, privacy pools can set up association set providers to maintain lists of sanctioned or suspicious accounts. 0xbow or other entities can act as gatekeepers to prevent problematic funds from entering the mixing pool. 0xbow has received investment from institutions such as Bankless, Number Group, and Public Works, and angel investors such as Ethereum co-founder Vitalik Buterin have also participated. The 0xbow protocol originated from a paper co-authored by Buterin in 2023 with Chainalysis researcher Jacob Illum and scholars Matthias Nadler, Fabian Schar and others.

According to Reuters, when World Liberty Financial raised more than $500 million, industry experts pointed out that the family of former US President Donald Trump took control of the crypto business and seized most of the funds with governance terms that favored insiders. The project is billed as a "DeFi platform" and claims to allow users to bypass banks and directly use cryptocurrencies to obtain financial services. However, the investigation found that the platform has not yet been publicly operated and the team size is extremely limited. Despite this, World Liberty announced in mid-March that it had raised $550 million by selling governance tokens. Reuters calculations show that most of the sales occurred after Trump's victory in November last year, and the WLFI token only gives holders voting rights to modify the project code and cannot be traded publicly. In January of this year, the details of the World Liberty website changed, showing that the two co-founders, Zak Folkman and Chase Herro, had transferred control to an entity in which the Trump family holds a 60% stake. At this point, the Trump family can obtain 75% of the net proceeds from the token sale and 60% of the platform's operating income. According to this calculation, about $400 million in financing has now belonged to the Trump family, and only 5% (about $27.5 million) is left for platform construction.

According to Jinshi, White House press secretary Levitt said that US President Trump will announce his reciprocal tariff policy at an event in the Rose Garden of the White House on Wednesday. Levitt said that Trump's announcement was mainly "country-based" tariffs, but he also "promised" to implement industry tariffs at another time. Levitt said that members of Trump's cabinet will attend the announcement ceremony. "The president will announce a tariff plan that will reverse the unfair trade practices that have been exploiting our country for decades," Levitt said. "Now is the time for reciprocity, it's time for the president to take historic changes and do the right thing for the American people." In addition, Trump said that maybe tomorrow night, maybe on Wednesday, you will see the details of the (reciprocal) tariffs.

According to CNBC, OpenAI announced on Monday that it had completed $40 billion in financing, setting a record for the highest financing for private technology companies. After this round of financing, the company's valuation reached $300 billion (including newly injected capital). Japan's SoftBank became the lead investor in this round with $30 billion, and existing investors such as Microsoft, Coatue, Altimeter and Thrive jointly invested $10 billion. This round of financing has made OpenAI's valuation jump to the third place among unlisted companies in the world, second only to SpaceX (US$350 billion) and on par with TikTok's parent company ByteDance. OpenAI stated in its official blog that the new funds will be used to "break through the boundaries of AI research" and expand computing infrastructure. People familiar with the matter told CNBC that about $18 billion of this will be invested in the "Stargate" project, a joint venture between OpenAI, SoftBank and Oracle, announced by former US President Trump in January 2025. The first $10 billion in funds will be in place immediately, and the remaining $30 billion is expected to be completed by the end of 2025. But the financing agreement comes with a special clause: if OpenAI fails to complete the restructuring of its for-profit structure by December 31, 2025, the financing amount may be reduced by up to $10 billion. This clause has increased the pressure on the company to transform, and the plan needs to be approved by Microsoft and the California Attorney General.

Coinbase announced that it will support Doginme (DOGINME) and Keyboard Cat (KEYCAT) on the Base network. Trading will begin on or after 9:00 AM (PT) on April 1, 2025, provided that liquidity conditions are met. DOGINME-USD and KEYCAT-USD trading pairs will be launched in phases, but there may be restrictions in some regions.

According to CoinDesk, the Brazilian National Monetary Council (CMN) issued Resolution 5.202/2025, prohibiting closed pension funds such as Entidades Fechadas de Previdência Complementar (EFPCs) from investing their guarantee reserves in Bitcoin (BTC) or other crypto assets because cryptocurrencies are considered to be too risky.

According to Arkham monitoring, CZ has just burned a total of $3.6 million worth of tokens, including: • $1.1M worth of Broccoli (0xa14) • $540K worth of Broccoli (0x6d5) • $1.95M worth of Tutorial CZ said that there are some new AI solutions that can automatically complete such operations, but they have not yet been reviewed for security, so token burning will continue manually in the future. At the same time, he reminded users not to send more tokens to this address to avoid unnecessary interactions or risks.