In brief Circle's stock ended last week at $93.6, down roughly 26% from its pre-crash open near $126. A Senate that could ban passive stablecoin yield directly threatens Circle's dominant revenue stream. Analysts say the decline reflects uncertainty about Circle's business model, not

Backpack Exchange CEO Armani Ferrante announced during a live stream that the Backpack token's Token Generation Event (TGE) will take place on March 23, with a total supply of 1 million tokens, of which 62.5% will be allocated to users. Users who stake tokens can exchange for 20% of the company's equity after one year. This design aims to attract long-term investors and avoid selling pressure.

Pi Network released a collaboration report with OpenMind on March 5th, successfully utilizing 7 volunteer nodes to perform AI image recognition, verifying that over 420,000 idle nodes' computing power can be used by AI companies. This move aims to commercialize node computing power, opening a new revenue stream for operators through cryptocurrency rewards, and exploring the integration of decentralized computing power and AI. Although it is still in the research stage, this proof of concept provides a new pathway for future development.

Shytoshi Kusama announced a new AI platform focused on preserving human legacy and plans to explain its features during a live stream coinciding with a solar eclipse. The project promises a permanent record of users' digital histories.

On March 15, 2024, independent musician Alicia Chen made a decision that would revolutionize her career. She did not hand her new album over to a record label nor upload it to streaming platforms. Instead, she packaged all 10 songs into a single NFT collection and sold each copy on the blockchain for 0.1 Ethereum. Within 48 hours, all 1,000 NFTs were sold out, earning her approximately $320,000—an amount that is 20 times the total earnings she had accumulated from Spotify streams over the past decade. Behind this silent financial revolution is a paradigm shift reshaping the global music industry. While traditional streaming platforms still defend the revenue model of $3-4 per thousand plays, a quiet transformation is underway—shifting music from an "infinitely reproducible digital stream" to a "scarce asset that can be owned." Music NFTs are rewriting the industry's value distribution.

American extreme climber Alex Honnold challenged Taipei 101 on January 25, taking 91 minutes to reach the top of 508 meters during a live stream on Netflix. Polymarket's prediction of the "1 hour 30-45 minutes" option accurately hit with $548,000, but the use of a rope ladder at the tower's tip sparked controversy. Scholars say this event reflects Taiwan's desire to be "seen by the world."

Legendary climber Honord will live stream his free solo ascent of Taipei 101 on Netflix on January 24. With no ropes for protection, the predicted success rate is as high as 95%. Experts and viewers are full of anticipation for this challenge, and the live broadcast will feature professional commentary analyzing the techniques and challenges during the climb.

Chainlink launches "24/5 US Stock Data Stream," achieving deep integration between the US stock market and on-chain ecosystems, breaking traditional trading hour limitations, providing accurate market data, and supporting high-frequency trading and derivatives trading. This service has been adopted by multiple exchanges and will further automate corporate actions to enhance market operational efficiency.

Chainlink has launched a new on-chain data product that gives decentralized applications continuous access to U.S. stock and exchange-traded fund prices beyond standard market hours. Summary Chainlink now provides equity price data outside standard U.S. trading hours. The service covers

Between stablecoin and money market yields, investors seeking higher returns are limited to opaque experimental funds and structured products. InfiniFi is a protocol designed to fill this gap. Based on blue-chip DeFi and real-world asset (RWA) strategies, it offers a reliable stablecoin yield model through a clear tiered share structure and on-chain payment reserve system. The problem with traditional DeFi is that attempts to simultaneously satisfy yield, liquidity, and solvency often fail. Similar to the banking industry—especially as demonstrated by the 2023 Silicon Valley Bank (SVB) incident in the US—DeFi can also face liquidity crises when trust collapses. Recent failures of Stream's xUSD and Elixir's deUSD have fully exposed how fragile recursive leverage and opaque counterparty structures are. To address these issues, InfiniFi adopts a superior