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04:03
Midday Key Developments on March 5
7:00 (UTC+8) - 12:00 (UTC+8) Keywords: USDsui, Aave V4, Arthur Hayes 1. Sources: The UK and US have disagreements regarding cryptocurrency cooperation; 2. Sui Network: Sui Dollar (USDsui) is now live; 3. Anthropic CEO resumes negotiations on AI cooperation agreement with the Pentagon; 4. Aave Labs releases the full transparency audit report for the Aave V4 security plan; 5. Ethereum Foundation: Aims to build the Ethereum network as a trust layer for artificial intelligence; 6. Arthur Hayes: This rebound may be a dead cat bounce, BTC has not yet decoupled from SaaS technology companies; 7. The US SEC has submitted an explanatory document to federal regulators, clarifying how securities laws apply to certain crypto assets.
03:52
U.S. Secretary of Energy: The impact of the Iran conflict on the energy market is very short-lived
Golden Ten Data reported on March 5 that U.S. Energy Secretary Wright stated that the impact of the Iran conflict on the energy market is temporary, and it is a "very small price" paid for the United States to achieve its military objectives. The airstrikes by the United States and Israel against Iran, followed by Tehran's response, have intensified regional tensions and caused shipping paralysis in the Strait of Hormuz, disrupting the transport of vital oil and natural gas in the Middle East and driving up energy prices. As concerns grow over the potential long-term closure of the Strait of Hormuz, Asian oil prices rose on Thursday. Wright said: "This is definitely temporary." "The world has ample oil supply and abundant reserves, and U.S. oil production has also reached a historic high. So we will get through this; it's just a small bump in the road." Wright stated that the closure of the Strait of Hormuz is only temporary, and the U.S. Navy will soon escort oil tankers through this waterway, which carries about one-fifth of the world's daily oil consumption.
03:44
Mining company IREN purchases an additional 50,000 Nvidia B300 GPUs
Jinse Finance reported that bitcoin mining company IREN Limited announced the additional purchase of 50,000 Nvidia B300 GPUs, bringing its total GPU count to 150,000. IREN has now become one of the world's largest AI infrastructure providers. Previously, on February 27 after the US stock market closed, IREN was included in the MSCI US Index, marking another bitcoin-focused company being incorporated into mainstream stock index systems. Being included in the index usually means receiving automatic capital inflows from passive funds and increasing visibility among institutional investors.
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