Stablecoin company Tether led a $50 million strategic funding round for sleep technology startup Eight Sleep, valuing the company at $1.5 billion. Eight Sleep focuses on sleep health products, including bedding and supplements, and previously raised $100 million in August of last year. Tether stated its optimism about the potential of health technology in "longevity, performance, and disease prevention" and will collaborate with Eight Sleep to develop AI-driven health technology products using its QVAC architecture and edge intelligence technology. QVAC, a privacy-oriented health technology service launched by Tether last December, integrates biometric health data from multiple devices, such as smart rings, onto a single platform, and uses on-device AI to assist in data management and health insights. Eight Sleep plans to create a sleep-focused AI agent for its core product, Pod, which automatically adjusts bed temperature, height, and sound based on data such as heart rate, breathing, and snoring. Eight Sleep founder Franceschetti stated that the company is training a predictive AI agent based on over 1 billion hours of sleep data and is also pursuing FDA approval for sleep apnea detection.

Tesla experienced a significant decline in its UK sales in February, according to data released by research firm New Automotive. The electric vehicle manufacturer sold 2,208 cars, marking a 45.2% decrease compared to the same period last year. This drop comes amid broader challenges in the automotive industry, including supply chain disruptions and changing consumer preferences. According to Jin10, the decline in sales may impact Tesla's market position in the UK, where competition from other electric vehicle brands is intensifying. The company has been focusing on expanding its global footprint and enhancing its production capabilities to address these challenges. Despite the decrease in sales, Tesla continues to innovate and invest in new technologies to maintain its leadership in the electric vehicle market.

A resident of Nanaimo, Canada, fell victim to a cryptocurrency ATM scam, losing approximately 5,000 CAD. According to NS3.AI, the individual was initially lured by a remote stock trading job promotion. Subsequently, the victim encountered a fraudulent online announcement purportedly from the Royal Canadian Mounted Police (RCMP), which was part of a secondary scam targeting those already deceived. After submitting a fake report form, the victim was contacted by someone posing as a lawyer, who falsely claimed to have discovered connections to multiple related cases, thereby perpetuating the scam.

Analyst EGRAG says only a weekly close above a certain level would flip XRP’s long-running descending channel bullish. source: https://cryptopotato.com/analyst-xrp-must-clear-this-key-level-to-invalidate-bearish-structure/

Bloomberg posted on X that the U.S. markets are currently demonstrating resilience, with America emerging as a winner in the global economic landscape. However, this success comes at a time when other regions are facing significant challenges. The current market dynamics highlight a disparity between the U.S. and other global economies, which are struggling to keep pace. Analysts suggest that while the U.S. continues to perform well, the broader international market is experiencing difficulties, impacting various sectors worldwide. This situation underscores the complex interplay between domestic success and international economic pressures.

A resident of Nanaimo, Canada, was scammed late last year after receiving a text message promoting remote stock trading. He deposited approximately CAD 5,000 (about USD 3,600) into a cryptocurrency ATM. Earlier this year, the victim saw an online message masquerading as an RCMP announcement encouraging fraud victims to report the crime. After submitting a form, a person claiming to be a lawyer called, saying they had found two cryptocurrency accounts linked to the victim and could help recover approximately USD 60,000 in alleged gains. Gary O'Brien, RCMP Media Relations Officer in Nanaimo, stated that the RCMP will not contact individuals regarding discovered cryptocurrency accounts, will not cooperate with private companies to recover lost funds, and will not request any form of payment to investigate fraud. Andy Zhou, co-founder and CEO of blockchain security company BlockSec, stated that this type of tactic, known as a "fake recovery service scam," is systematic. Scammers typically possess victim information gathered from the original scam, and organized fraud groups circulate lists of victims who have already sent money, making these individuals targets for secondary scams. Impersonating law enforcement agencies is effective because it exploits the psychological mechanism of "authority bias." Canadian police have been conducting cryptocurrency investigation training since 2022.

Police say scammers used RCMP branding to target a Nanaimo victim in a crypto recovery scheme after an earlier fraud. source: https://decrypt.co/360072/canadian-robbed-via-atm-kiosk-recovery-lead-another-scam

NetEase's latest game, 'Yan Yun Shi Liu Sheng,' features over 10,000 AI-driven non-player characters (NPCs), showcasing a pioneering use of artificial intelligence in gaming. According to Jin10, Daiwa reports that this technological application is difficult for other game developers to replicate, suggesting that the development cycle for major games still requires approximately five years, with AI's impact on development timelines currently limited. Daiwa reiterates a 'buy' rating for NetEase, maintaining a target price of HKD 257 based on SOTP calculations. In the long term, Daiwa anticipates that revenue growth from NetEase's classic game licenses will not accelerate significantly, with the launch of free servers for 'Fantasy Westward Journey' likely providing a one-time boost. Additionally, Daiwa believes NetEase's dual primary listing has structural benefits, and future inclusion in the Hong Kong Stock Connect could enhance stock liquidity and reduce long-term listing risks.

BitMart's "BM Discovery" section listed Pigeon Doctor (PIGEON) on March 5th at 11:30 AM (UTC+8), and launched the PIGEON/USDT trading pair. Pigeon Doctor is a meme project (DOCTOR PIGEON) on Solana, currently mainly traded on PumpSwap, and positioned as a community-driven, promotional token.

null source: https://x.com/cointelegraph/status/2029414298162717061

Jensen Huang said Nvidia’s US$30 billion investment in OpenAI is likely its last big one, because OpenAI plans to go public later this year. He also said the earlier US$100 billion plan is off the table and Nvidia’s US$10 billion investment in Anthropic will probably be its final one.

US crypto exchange Kraken has secured a limited-purpose master account from the Federal Reserve Bank of Kansas City, giving its banking unit direct access to the Fed’s core payments infrastructure in what marks a first-of-its-kind breakthrough for the digital asset industry.

A pragmatic shift: Why 2026 will be the year cryptocurrencies become "invisible".

Financial institutions can only transform the potential of AI into a sustainable competitive advantage, rather than an uncontrollable source of risk, by systematically planning from multiple dimensions such as governance, standards, technology, and compliance.

The massive scale of U.S. government spending has become a major driver of economic growth and inflation, surpassing the impact of monetary policy or private sector borrowing.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 2986, providing you with the latest and fastest news on the digital currency and blockchain industry.

When an asset class becomes large and popular enough, its development is not solely supported by accounting strategies; the fundamental driving force behind it is always trust.

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.

Homogeneous industries are ultimately fragile; only when different species emerge can a market truly thrive.

During the Chinese New Year holiday, a discussion about the concept of "Web 4.0" sparked a heated debate on Twitter.