Nine workers lost their lives and 15 others sustained injuries following an explosion at a Vedanta power plant located in eastern India, Bloomberg posted on X. The incident occurred on Tuesday, as reported by the Press Trust of India. Authorities are investigating the cause of the explosion, and emergency services are on the scene to manage the situation and provide aid to the affected individuals. Vedanta, a major player in the mining and metals sector, has yet to release an official statement regarding the incident. The tragedy highlights ongoing safety concerns in industrial operations across the region.

Market data indicates that ARIA experienced a sharp decline of approximately 80%, reaching a low of $0.111. According to Odaily, it is currently trading at $0.113.

Microsoft has agreed to lease capacity at a data center in Norway, initially planned for OpenAI's use as part of its 'Stargate' project. According to Jin10, cloud infrastructure provider Nscale announced that Microsoft will lease 30,000 Nvidia Vera Rubin chips from its facility located within the Arctic Circle in Narvik, Norway. This move builds on Microsoft's previous commitment to invest $6.2 billion at the site. Sources indicate that OpenAI initially negotiated to use the facility for its AI workloads but failed to reach an agreement with Nscale. Last week, OpenAI announced the suspension of a similar project in the UK due to high energy and regulatory costs, which was also developed by Nscale. The suspension of the UK project and the inability to secure an agreement in Norway suggest adjustments in OpenAI's previously announced large-scale infrastructure plans. An OpenAI spokesperson stated that the company is still exploring the possibility of reaching a capacity agreement in Norway and is working with multiple partners to advance infrastructure development.

Market data shows that ARIA briefly fell by about 80%, hitting a low of $0.111, and is currently trading at $0.113.

Delta Air Lines is set to incur an additional $2.5 billion in jet fuel expenses this quarter as a result of the ongoing conflict in Iran. Bloomberg posted on X that the airline is exploring strategies to transfer these increased costs to its passengers. The geopolitical tensions have led to a surge in fuel prices, impacting the airline's operational budget significantly. Delta is assessing various options to mitigate the financial burden, which may include fare adjustments or other cost-cutting measures. The airline industry is closely monitoring the situation, as prolonged instability in the region could further affect fuel prices and operational costs.

Sotheby's is taking advantage of a favorable moment to refinance its debt, which is due next year. Bloomberg posted on X, highlighting the potential impact of ongoing US-Iran negotiations on capital-raising activities. The auction house aims to secure its financial position before any disruptions arise from these geopolitical discussions.

Kevin Warsh has disclosed an equity stake in the Bitcoin payments startup Flashnet, according to ethics filings submitted prior to his Senate confirmation hearing for the position of Federal Reserve chair. According to NS3.AI, the hearing is anticipated to commence as early as this week, though it is more likely to begin next week. The filings also revealed other assets potentially exceeding $100 million, with Warsh committing to divest several holdings that could present conflicts of interest.

Anthropic is facing significant dissatisfaction from users due to a decline in the performance of its Claude AI chatbot, according to Fortune magazine. Several developers and heavy users have reported that the Claude AI model has recently shown a noticeable decrease in performance, including difficulties in following instructions, opting for inappropriate shortcuts in certain situations, and making more errors in complex workflows.

According to NS3.AI, Whale Alert has reported the minting of 250 million USDC at the USDC Treasury. This development is significant as it reflects ongoing activities in the stablecoin market, which can influence liquidity and trading dynamics. The minting of such a large amount of USDC could have implications for market participants, potentially affecting supply and demand within the cryptocurrency ecosystem.

Figure and Hastra are broadening their tokenized credit platform by incorporating auto loans, thereby extending the range of real-world assets available to decentralized finance (DeFi) investors beyond home equity products. According to Cointelegraph, Democratized Prime, a decentralized lending marketplace on Figure Markets, is introducing auto finance as its inaugural new asset class. This initiative is part of a broader strategy to create a marketplace where various types of consumer credit can be issued, traded, and funded onchain, as announced on Tuesday. Michael Tannenbaum, CEO of Figure, emphasized the strategic nature of this development, noting that the platform has already originated over $22 billion in onchain loans. This move represents an early test of whether tokenized private credit can extend beyond home-equity products into mainstream consumer lending. Such a shift could potentially broaden DeFi’s access to real-world yield while also introducing the credit risks associated with subprime-style loan markets. Figure launched Hastra in 2025, with its public debut and rollout occurring later that year. Initially launched on Solana (SOL), the platform was designed as an extension of Figure’s lending ecosystem, utilizing its loan origination and credit infrastructure to bring real-world assets (RWAs) onchain. Simultaneously, Hastra is expanding to Ethereum-compatible (EVM) chains, thereby opening access to a larger DeFi ecosystem and extending its existing credit system, including home equity loan exposure, to new chains. A Figure spokesperson informed Cointelegraph that Hastra will begin with Ethereum (ETH) as part of its expansion into EVM chains. They also confirmed that the auto finance product will initially launch on Solana before being rolled out on Ethereum around June. Despite these advancements, bringing consumer loans onchain does not eliminate the inherent risks associated with these assets. Non-prime auto loans can have higher default rates, particularly in weaker economic conditions. Additionally, there are concerns regarding regulation, transparency, and the performance of these blockchain-based credit products under stress or during volatile market conditions. Earlier this month, Bernstein analysts expressed a bullish outlook on Figure, suggesting that the blockchain-based lender might be undervalued. They assigned an “Outperform” rating and a $67 price target, nearly double its recent trading price. This optimistic perspective follows growth in Figure's tokenized lending business, with loan originations exceeding $1.2 billion in March and first-quarter volumes reaching $2.9 billion. Figure went public on September 11, 2025, listing on the Nasdaq under the ticker symbol FIGR.

According to data disclosed by MSTR, the company has significantly increased its Bitcoin purchases since March, with this week's purchases already returning to the same level as last year, and showing a further upward trend.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

Spending money, endorsing, and then being blacklisted: Justin Sun's "plastic friendship" with the Trump family has backfired.

Stablecoins, Ethena: Stability is just an illusion: The crash of 75 years ago is being repeated in the stablecoin market. Golden Finance: Ethena is using traditional finance to back stablecoins.

The emergence of AI multi-agent systems has ignited a strong demand for "machine payments," and blockchain will become the underlying settlement foundation of the intelligent agent economy, potentially becoming a key watershed in the future AI competition among major powers.

Only three days remain until Musk's "super app dream" comes true. On April 17th, XChat is expected to officially launch on the Apple App Store, with global availability for download.

The suspect in the attack on Ultraman's residence has been arrested! The line between science fiction and reality has blurred: as those who push AI forward at breakneck speed, and those who fear AI raise their torches—this confrontation has only just entered its most dangerous phase.

OpenAI, once the undisputed leader in large-scale modeling, is losing its luster. Its former employees, along with six others, have left to found Anthropic, which is eroding OpenAI's leading position in terms of revenue, valuation, and market share.

In July 2024, the Hong Kong Monetary Authority announced the list of three participants in the stablecoin sandbox.

The United States' blockade of the Strait of Hormuz has pushed the global energy landscape to a new tipping point.