本文以全球主要司法辖区为研究样本，系统评估了中期选举变量对 RWA 政策弹性的影响。

According to Iranian media, the Iranian Revolutionary Guard stated that the Strait of Hormuz has been closed, and any passage through the waterway will face "severe measures." All vessels "traveling to or from ports of hostile allies and supporters of the US and Israel" are prohibited from passing through any waterway or heading to any destination. (Reuters)

PANews posted on X (formerly Twitter) that the recent compromise on the crypto market structure bill has led to divisions within the industry. The bill aims to establish a regulatory framework for digital assets, but differing opinions have emerged regarding its potential impact. Meanwhile, three major traditional exchanges are actively developing tokenized products, signaling a shift towards integrating blockchain technology into conventional financial systems. This move is seen as a response to the growing demand for digital asset solutions. This week, the total market value of RWA (Real World Assets) on the blockchain has shown steady growth. The number of asset holders is increasing at a faster rate than the overall market size, indicating a rising interest in tokenized assets. Stablecoin market capitalization remains stable, consolidating within the platform. However, there has been a continuous decline in monthly active addresses and transaction volumes, suggesting a potential slowdown in market activity.

On March 27, Web3 social infrastructure project UXLINK announced a strategic upgrade to its ecosystem, introducing the UXLINK Agent & AI Social Network. According to BlockBeats, UXLINK plans to leverage its extensive Social Growth Layer by integrating AI Agent technology, unveiling a new UX Agent roadmap. This Agent is compatible with major global models, enabling individuals and project teams to optimize content, automate generation, and perform intelligent searches on social media. The goal is to enhance social account growth and value capture, empowering millions of users to benefit from the Web3 ecosystem. Additionally, UXLINK will strategically upgrade its business model and tokenomics. The new Agent requires integration with AI Tokens to meet computational resource needs, prompting the team to initiate a community vote based on transparency and fairness to align the existing token model with the AI narrative. UXLINK emphasizes that the core objective of this upgrade is to build an intelligent social network where humans and Agents coexist. The team assures that the interests of current holders will be protected throughout the upgrade process, ensuring community members share in the long-term benefits of the AI social era.

Hong Kong is inviting several central banks with friendly ties to China to join its gold clearing system. According to Ming Pao, this initiative is part of Hong Kong's efforts to establish itself as a major gold trading hub.

Backpack founder Armani Ferrante stated on the X platform that, regarding recent rumors about Backpack, the company has not cashed out through OTC token sales. Previous posts on Discord were merely to assist buyers in finding tokens. Regarding Mad Lads, all users who held Mad Lads before the TGE will retain their Backpack VIP status, while new holders will not, a move designed to align incentives with long-term holders. In addressing Sybil attacks, the goal is to protect retail investors from unfair competition from professional players, but acknowledges that previous vetting processes were too absolute and will continue to review Sybil attack cases. Furthermore, he believes that short-term price and FDV after the TGE are not core metrics for success; the team's incentive mechanisms are deeply tied to token performance, and they are committed to creating long-term value.

The yield on French 10-year government bonds rose to its highest level since June 2009, reaching 3.876%, up 8 basis points from the previous day. (Jinshi)

Machi Big Brother has made a significant move by depositing an additional $500,000 USDC into Hyperliquid. According to NS3.AI, this deposit is aimed at increasing leveraged long positions in Bitcoin (BTC), Ethereum (ETH), and HYOE. The most notable position reported is a 25x leveraged long on Ethereum, valued at $6.24 million, with an entry price of $2,062.

The Bank of Japan has released new estimates indicating that Japan's neutral interest rate is between 1.1% and 2.5%, which is higher than the current policy rate of 0.75%. According to NS3.AI, the report highlights that several indicators in the latest estimates suggest a gradual increase in interest rates. The bank noted that this could potentially raise the upper limit of the neutral range, providing more scope for additional rate hikes.

BIT released a chart today stating that Bitcoin is often categorized into two types of assets: one is an inflation hedge, and the other is a high-beta risk asset that moves in the same direction as tech stocks. Both narratives can explain some of its performance, but they don't fully cover Bitcoin's price logic. In contrast, we prefer to understand Bitcoin from the perspective of liquidity environment and capital flows. Historically, Bitcoin has generally performed stronger during periods of ample liquidity and low funding costs; conversely, its price tends to be under pressure during periods of tightening liquidity, reflecting changes in interest rate expectations and actual capital inflows and outflows. Recently, Bitcoin has shown strong stability. Neither interest rate forecasts nor geopolitical events have had a sustained impact on its price. This reflects, to some extent, that current market participation remains cautious, with trading volume and capital flows not yet showing a clear trend, and Bitcoin's sensitivity to short-term fluctuations in inflation expectations and broader risk appetite has decreased accordingly. After the deep pullback following the surge in Q4 2025, current market positioning has largely returned to normal. In the absence of clear catalysts, Bitcoin is likely to continue its range-bound trading in the short term. However, for investors who understand historical patterns and can position themselves when news events are frequent but actual volatility remains low, such an environment still presents opportunities.

Ripple has announced the pilot of its stablecoin RLUSD within the Monetary Authority of Singapore's MAS BLOOM sandbox. According to NS3.AI, this initiative aims to automate cross-border settlements by replacing manual payment processes with blockchain-based solutions. Transactions will be stored on the XRP Ledger, enhancing efficiency and transparency. However, neither Ripple nor the Monetary Authority of Singapore has disclosed the expected duration of the pilot phase.

Brazil has passed a law allowing authorities to seize cryptocurrency and other digital assets from organised crime and use them to fund public security. Judges can freeze accounts, block wallets, and redirect funds without waiting for a conviction.

Polymarket will gradually shift from high valuations derived from storytelling to valuations supported by real revenue.

Lin Junyang, former head of Alibaba's Qwen, speaks out for the first time since leaving the company: The era of intelligent agents is coming, from "reasoning" thinking to "active" thinking.

The UK has sanctioned the operator of Cambodia’s largest scam compound, #8 Park, and a major crypto marketplace, Xinbi, for their role in human trafficking and online fraud. These measures freeze linked assets and aim to disrupt the networks that steal personal data and defraud people in the UK and globally.

OpenAI, Artificial Intelligence, AI Agent, Alibaba, OpenAI loses to Qianwen: A cash register can't grow in a chat box. Jinse Finance: The last mile of the transaction loop requires a more complete infrastructure.

Revolut is transforming from a fintech company solely focused on growth into a mainstream financial institution. However, its rapid expansion also brings real risks, including compliance issues such as anti-money laundering and capital regulation, as well as cyclical revenue fluctuations affected by the macroeconomic environment.

Interpreting the joint guidance document from the SEC and CFTC, and speculating on how it might ultimately classify mainstream digital assets.

Who is using x402 for development, and why is its adoption accelerating?

On March 30th, Polymarket will launch a paid subscription model across all ten marketplace categories. The question worth exploring isn't whether prediction marketplaces are truly viable, but rather how Polymarket got to where it is today.