Korean AI startup Upstage is negotiating with AMD to acquire 10,000 of its latest AI accelerators. Bloomberg posted on X, highlighting Upstage's ambition to enhance its computational capabilities within the country. This move is part of Upstage's strategy to bolster its AI infrastructure and expand its technological footprint. The acquisition of these accelerators is expected to significantly enhance Upstage's ability to process large-scale AI computations, positioning the company for further growth in the competitive AI sector.

Investors are increasingly worried about the exposure of the world's largest banks to private credit. Bloomberg posted on X, highlighting the growing unease among stakeholders. The apprehension stems from the potential risks associated with private credit markets, which have been expanding rapidly in recent years. As banks continue to engage in these markets, investors are closely monitoring the situation, wary of any potential financial instability that could arise from this exposure.

Analysts from Malayan Banking have highlighted potential inflationary pressures in Southeast Asia due to surging energy costs. According to Jin10, the region's heavy reliance on Middle Eastern oil and gas could lead to increased consumer prices. The analysts noted that ongoing Middle Eastern conflicts might trigger stagflation shocks globally and in Asia. The Philippines and Indonesia are particularly vulnerable to oil price fluctuations, as energy significantly impacts their consumer price indices. Rising energy costs and supply disruptions are expected to exacerbate inflation, worsen current account balances, and impose fiscal pressures on most Southeast Asian countries.

Energy prices are rising, complicating the already challenging transition of power at the Federal Reserve. According to ChainCatcher, Nick Timiraos, known as the 'Fed's mouthpiece,' highlighted the difficulties faced by Kevin Warsh's appointment due to a Department of Justice investigation and opposition from Senator Thom Tillis. Unlike previous Fed chairs since Paul Volcker, Warsh has pledged to break away from his predecessor's policies. The market currently anticipates equal chances of interest rate hikes and cuts this year, placing Warsh in a dilemma between the expectations of U.S. President Donald Trump, who nominated him, and the committee he is set to lead. In 2008, following a period of aggressive rate cuts, oil prices surged unexpectedly. At that time, Warsh emphasized that inflation risk was the primary concern and recommended that the Fed's next move should be to raise interest rates, contrary to Trump's expectations.

Bitget is launching a spring outing-themed event from March 23rd to March 29th. The event is open to both new and existing users. All users can participate in an individual cumulative contract trading competition. The top 3 will receive high-end LV gifts worth up to 10,000 USDT, including LV suitcases, skateboards, camping chairs, etc.; those ranked 4th-50th will receive ranking rewards of up to 1,500 USDT. In addition, new users will have access to an extra newcomer leaderboard, unlocking USDT airdrops and LV physical gifts, including camping chairs, thermos flasks, golf bags, etc. The user who achieves the highest daily trading ranking in the individual competition will also receive an additional daily champion reward of 166-266 USDT. Detailed rules have been published on the official Bitget platform. Users can register by clicking the "Join Now" button to participate in the event.

China's Ping An Insurance (Group) Company is reevaluating its overseas investment strategy concerning the United States due to increased market volatility stemming from the Iran conflict. Bloomberg posted on X, highlighting the company's cautious approach as geopolitical tensions continue to impact global financial markets. The insurance giant is closely monitoring the situation, aiming to mitigate risks associated with its U.S. investments. This reassessment comes as the Iran war introduces uncertainty, prompting Ping An to consider adjustments to its investment portfolio to safeguard against potential disruptions. The company remains vigilant in its efforts to navigate the complexities of international markets during this turbulent period.

PANews reported on March 23 that, according to SoSoValue data, the Ethereum spot ETF saw a net outflow of $59.94 million last week (March 16 to March 20, Eastern Time).The Ethereum spot ETF with the largest net outflow last week was BlackRock ETF ETHA, with a weekly net outflow of $69.5865 million. ETHA's historical total net inflow is currently $11.91 billion. The second largest was Fidelity ETF FETH, with a weekly net outflow of $61.6216 million. FETH's historical total net inflow is currently $2.32 billion.The Ethereum spot ETF with the largest net inflow last week was the Grayscale Ethereum Mini Trust (ETH), with a weekly net inflow of $6.8702 million. The total historical net inflow of ETH has now reached $1.85 billion.As of press time, the Ethereum spot ETF has a total net asset value of $12.33 billion, an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 4.79%, and a historical cumulative net inflow of $11.73 billion.

PANews reported on March 23 that, according to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $95.18 million last week (March 16 to March 20, Eastern Time). The Bitcoin spot ETF with the largest net inflow last week was BlackRock ETF IBIT, with a weekly net inflow of $191 million. IBIT's historical total net inflow has reached $63.26 billion. This was followed by Franklin ETF EZBC, with a weekly net inflow of $6.2057 million. EZBC's historical total net inflow has reached $375 million. The Bitcoin spot ETF with the largest net outflow last week was the Fidelity ETF FBTC, with a weekly net outflow of $50.0706 million. Currently, FBTC's total historical net inflow has reached $10.94 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $90.3 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.44%, and a cumulative net inflow of $56.23 billion.      

U.S. President Donald Trump has emphasized the importance of maintaining peace through a demonstration of strength. According to Jin10, Trump articulated this stance, suggesting that a robust display of power is essential for ensuring peace. This approach aligns with his broader foreign policy strategy, which prioritizes military readiness and strategic deterrence to prevent conflicts. Trump's remarks reflect his administration's commitment to safeguarding national security while promoting global stability.

Brent crude oil prices could rise above $130 per barrel in the short term, according to a report by the head of market strategy at Singapore's United Overseas Bank (UOB). This price level was last seen in February 2022 during the onset of the Russia-Ukraine conflict. According to Jin10, the worsening conflict involving the United States, Israel, and Iran has escalated to what UOB considers the worst-case scenario. Energy facilities across the Middle East are under frequent attack, and the Strait of Hormuz is effectively experiencing traffic disruptions. UOB has revised its Brent crude oil price forecast for the period from the second quarter of 2026 to the first quarter of 2027. The bank now expects Brent crude to reach $110 per barrel in the second quarter of 2022, up from its previous forecast of $90 per barrel.

A 66-year-old retiree in Hong Kong lost approximately $840,000 over six months after being drawn into a sequence of crypto scams that escalated from investment promises to repeated recovery traps,

Bithumb is set to hold a shareholder vote on 31 March to decide whether CEO Lee Jae-won will stay, despite a $43 billion Bitcoin error and a $24 million fine. Regulators are still investigating the glitch and the exchange’s overseas order book dealings.

Stablecoins and blockchain infrastructure are becoming central to building the next generation of payment systems, and the AI ​​agent economy may be the most far-reaching area.

Bitcoin is the most liquidity-sensitive asset globally, so if countries print money like crazy to support ongoing military conflicts, we should be optimistic about the performance of this cryptocurrency.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3004, providing you with the latest and fastest news on the digital currency and blockchain industry.

On March 17, Mastercard announced its acquisition of BVNK for $1.8 billion, including a $300 million performance-based earnout.

Just now, Australia, the country in the Southern Hemisphere that loves surfing and kangaroos, suddenly dropped a bombshell.

For a long time, both regulators and practitioners have held the habitual mindset of equating tokens with securities.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, mining information, project updates, technological advancements, and other industry dynamics.

The AI ​​narrative continues to unfold, but the recent performance of related stocks has been mixed, with some experiencing a boom while others are in the dead of winter.