California is facing challenges as insurers become increasingly reluctant to cover homes, even those with lower wildfire risks. Bloomberg posted on X, highlighting the state's efforts to address this issue. The reluctance stems from the growing frequency and intensity of wildfires, which have led to significant financial losses for insurance companies. In response, California is exploring various strategies to encourage insurers to continue offering coverage. These include potential regulatory changes and incentives aimed at mitigating the financial risks associated with wildfires. The state is also considering measures to improve fire prevention and preparedness, which could help reduce the overall risk and make insurance more viable. The situation has raised concerns among homeowners, particularly those in areas previously considered low-risk. Without adequate insurance options, these residents face increased vulnerability to financial losses in the event of a wildfire. California's efforts to address the insurance crisis are ongoing, with state officials working closely with industry stakeholders to find a sustainable solution. The outcome of these discussions could have significant implications for the state's housing market and overall economic stability.

Journalist McKay Coppins spent a year investigating the effects of legal gambling. Bloomberg posted on X, highlighting his experiences and insights gained during this period. Coppins shared his findings on Bloomberg This Weekend, discussing the societal implications and personal challenges faced while immersed in the gambling world. His exploration sheds light on the broader impact of legalized gambling on individuals and communities.

The "3.15" Gala exposed the chaos of AI big data models being "poisoned." Li Fumin, an expert from the Institute of Intelligent Social Governance at Shandong University of Finance and Economics, stated that the practice of businesses using GEO and other services to train big data models and guide AI to generate specific product or service recommendations is essentially a new type of unfair competition and consumer misleading behavior that uses technology for covert marketing and fabricates facts. Consumers are unknowingly receiving implanted marketing content, and its harmfulness and illegality deserve serious attention. On the one hand, this behavior infringes on consumers' right to know and right to fair trade as stipulated by the Consumer Rights Protection Law; on the other hand, it constitutes unfair competition by using technology for false or misleading commercial advertising, disrupting the normal order of recommendation algorithms and the market competition environment. Addressing this AI "poisoning" behavior requires a multi-pronged approach. Regulatory departments should include AI-induced marketing in their key monitoring and strengthen law enforcement supervision; AI operators should strengthen the review of data sources and output filtering, and establish traceability mechanisms; consumers should raise their awareness of the commercial attributes of AI-generated information and actively protect their rights through complaints and reports. (China News Network)

Warner Bros. is set to compete against its own productions at this year's Oscars. Bloomberg posted on X, highlighting the unique situation where the studio's films are vying for top honors in various categories. This internal competition underscores Warner Bros.' strong presence in the film industry, as it continues to produce critically acclaimed movies. The Oscars, a prestigious event in the entertainment world, will see Warner Bros. films contending for awards, showcasing the studio's diverse and successful portfolio.

U.S. Representative Adam Smith has raised concerns about the health status of Iran's new Supreme Leader, stating that it is unclear whether he is alive or incapacitated. Bloomberg posted on X, highlighting the uncertainty surrounding the leader's condition. Smith's comments come amid ongoing geopolitical tensions and the potential implications for international relations. The situation remains fluid, with no official confirmation from Iranian authorities regarding the Supreme Leader's health. Observers are closely monitoring developments as they unfold.

CFX has achieved a new peak on the 4-hour chart, with its price reaching approximately 0.06282 USDT. According to NS3.AI, earlier rumors regarding RMB oil settlement might have contributed to this price movement.

Iran's Foreign Minister has accused the United States of deploying one-way attack drones against Gulf countries and attributing the blame to Iran. According to Jin10, the U.S. Central Command (CENTCOM) has refuted these allegations, labeling them as falsehoods.

Sky Protocol (formerly MakerDAO) announced that it has passed a proposal to allocate approximately 70 million USDS to multiple Sky Agents as initial capital. This initial capital is used by governance during the early expansion phase of the network to launch new agents, aiming to promote capital allocation diversification and drive yield generation. The funds remain within the protocol, managed by a segregated account controlled by governance, and have a phased exit mechanism. As agents mature and issue their own liquidity tokens, reliance on this capital will gradually decrease. This initial capital (Genesis Capital) is used to support further expansion of the Sky Agent Network during its launch phase. These independent capital allocators will participate in capital deployment and provide a source of yield for the Sky Savings Rate. According to the proposal, the capital allocation includes: 10 million USDS to Keel Finance; 25 million USDS each to the new executive agents Amatsu and Ozone; and an additional 10 million USDS to a yet-to-be-announced sixth launch phase agent. If governance approves, the fund transfer is expected to be arranged in the executive vote on March 26.

A previously unpublished document extracted from the phone of intermediary Mauricio Novelli by forensic investigators relates to a payment agreement for a Libra token scam totaling $5 million, primarily implicating Argentine President Miguel Millais. The document shows the agreement consists of three payments: an initial $1.5 million (in tokens or cash) as an upfront payment; a second $1.5 million conditional on Millais announcing Hayden Davis as his advisor on social media; and a final $2 million payment contingent upon Millais and his sister Karina Milei signing a government consulting contract regarding blockchain or AI in person. The document was created on February 11, 2025, three days before Millais posted the related tweet, sparking the $LIBRA controversy. The report also states that Kelsier Ventures CEO Hayden Davis met with Millais and his sister at the Argentine presidential palace before the incident. The document, allegedly obtained from forensic examination of related equipment by the Argentine prosecutor's technical investigation department, has become a key lead in the local "crypto scandal" investigation. (eldestapeweb)

The TRON community has initiated discussions on a proposal to introduce new features in the v4.8.1 update, focusing on adjustments to the execution behavior and cost of the SELFDESTRUCT instruction within the TRON Virtual Machine (TVM). According to ChainCatcher, the aim is to improve compatibility with Ethereum's EIP-6780. The proposal suggests that if the feature is activated, the SELFDESTRUCT instruction will only delete a contract when called within the same transaction that created it. In other scenarios, it will merely transfer contract assets without deleting the contract. Additionally, the energy consumption for this instruction will be adjusted from 0 to 5000. Currently, the proposal is in the community discussion phase. TRON's developer community is deliberating on the impact of the feature, its implementation timeline, and ecosystem adaptation. The decision to officially enable the feature will be based on community consensus. TRON encourages developers to actively participate in the discussions and advises those using the SELFDESTRUCT instruction to monitor the proposal's progress and prepare for adaptation in advance.

When a physical industrial company injects physical assets into a Layer 1 project and then calculates a valuation of $950 million using several times the value of the physical assets, isn't this kind of capital game too outrageous?

Reshaping the value capture logic of NFT projects: Physical goods customer acquisition is linked to the on-chain ecosystem, driving IP commercialization and the growth of consumption scenarios.

The true significance of stablecoins lies in transforming the US dollar into a native internet currency, and ultimately forming an internet financial platform.

Bobby Ong is the co-founder and CEO of CoinGecko, a cryptocurrency data platform he built from scratch with $200 over 12 years without any venture capital investment.

Federal Reserve Chairman Jerome Powell's lawyers have sent a clear signal to federal prosecutors that if the criminal investigation against Powell continues, he will not voluntarily leave the Federal Reserve Board of Governors after his term expires in May, and his seat on the board could be retained until January 2028.

Iran, financial system, oil, 14-day lockdown of Hormuz: Which of the world's seven largest economies will succumb first? Golden Finance: A comprehensive assessment of the vulnerabilities of the seven countries.

When AI begins to write and optimize code, and even gradually takes over the software production process, a deeper structural change is approaching: the division of labor, corporate organization, and even knowledge barriers may be redefined.

There are many highly educated and intelligent people in the financial market, but only a minority of them make money, and a significant portion of them are not highly educated.

This week, 15 blockchain startups raised a total of $197 million. Kast raised $80 million in its Series A funding round, the largest funding round of the week.

A large investor attempted to buy AAVE tokens with 50 million USDT through the front-end interface of the well-known lending protocol Aave. The result? The 50 million USDT went in, and the investor received only 324 AAVE tokens—worth approximately 37,000 USD. One transaction wiped out 49.96 million USD.