Aligned Layer: Third testnet is live, reducing proof release costs by 90%

The revenue of most mainstream DeFi protocols on Solana, Ethereum, and BNB Chain fell by more than 50% month-on-month in March, reflecting an overall slowdown in on-chain activity and transaction volume. Solana protocol revenue totaled about $42 million, down 55% month-on-month; PancakeSwap revenue on the BNB chain was $21 million, down 54%; Ethereum chain protocols such as Ethena, Lido, and Aave combined revenue was $24.50 million, down more than 52%. The only contrarian growth was MakerDAO (no...

Meta released a new set of artificial intelligence models in its Llama series, Llama 4, on Saturday. The series features a total of four new models: Llama 4 Scout, Llama 4 Maverick, and Llama 4 Behemoth. All of these models were trained on "large amounts of unlabeled text, image, and video data" to give them "broad visual understanding capabilities," Meta said. Meta AI has been updated to use Llama 4 models in 40 countries. Currently, the multimodal functionality is only available in English in ...

21:00-7:00 Keywords: GameStop, Ark Invest, Georgia, FTX 1. GameStop's bitcoin investment plan is called "Project Rocket" 2. The SEC is reviewing several Biden-era employee statements about digital assets 3. Ark Invest adds $13.40 million to Coinbase stock during Friday's U.S. stock slump 4. Hedge funds have recorded their largest one-day sell-off since 2010, approaching the 2008 Lehman crisis 5. Cryptoquant CEO: Bitcoin's bull market cycle is over, and large amounts of money are difficult to dri...

Elon Musk told a League party event in Italy that he wanted a "zero tariff" system between the US and Europe, effectively creating "a free trade area" between Europe and North America. "Ideally, in my opinion, both Europe and the US should move towards zero tariffs," Mr. Musk told Matteo Salvini, Italy's deputy prime minister, on Saturday. "That's what I would like to see."

According to Bitcoin Magazine, interesting fact: GameStop's bitcoin investment plan is called "Project Rocket".

After Trump announced comprehensive tariffs, U.S. stocks fell 10.5% in two trading days. Former U.S. Treasury Secretary Summers posted on X on Saturday that since World War II, the S & P 500 has performed worse for two consecutive trading days than after Trump announced tariffs, only in the stock market crash of 1987 (26.4%), the financial crisis of 2008 (12.4%) and the COVID-19 pandemic outbreak (13.9%).

According to the analysis, Bitcoin led the cryptocurrency market to rise against the trend when the market value of US stocks 5 trillion US dollars evaporated, outperforming the Nasdaq index significantly. CoinDesk analysis pointed out that as global funds seek a safe haven outside the traditional stock market, BTC is being regarded by some investors as a "US market isolation hedge tool". Mainstream currencies such as ETH rose simultaneously, and the total market value of crypto rose by more tha...

In the early days of the Trump administration, Silicon Valley has seen plummeting valuations and delays in initial public offerings (IPOs). The leaders of Alphabet, Amazon, Meta, Microsoft and Uber all made large donations to Trump's second inauguration, both personally and through their companies. In the past two trading days, the seven most valuable technology companies in the United States have lost a combined $1.80 trillion in market value. Fears of widespread trade...

Meta on Saturday unveiled its best artificial intelligence model to date, Llama 4. In total, the series features four new models: Llama 4 Scout, Llama 4 Maverick, and Llama 4 Behemoth. Meta says all of these models have been trained on "large amounts of unannotated text, image, and video data" to give them "broad visual comprehension capabilities." Scout and Maverick models are publicly available on the Llama.com website and at Meta's partners, while the Behemoth model is still being trained.

Mr. Musk lashed out at Peter Navarro, Mr. Trump's top trade adviser, as he defended the president's sweeping tariffs. "The market is going to bottom out," Mr. Navarro said on Saturday. "It's going to come very soon, and from there we're going to have a bull market boom and the Dow is going to reach 50,000 in the Trump administration." Responding to a post on the social media platform touting Mr. Navarro's credentials, Mr. Musk wrote on X: "Having a PhD in economics from Harvard is not...

According to market sources, Musk's Department of Government Effectiveness is expected to target the U.S. Department of Homeland Security in the coming days, seeking large-scale layoffs across its various agencies, which may include the U.S. Secret Service. The sources said that the Department of Homeland Security is preparing for possible large-scale layoffs. No final decision has been made, and the final size and scope of the layoffs have not yet been determined. A senior official at the Depar...

The recent announcement of new tariffs by the US government has raised concerns among US economic analysts, who predict that the new tariffs will further push up US prices and place a greater burden on consumers. The Tax Foundation, a US think-tank, forecasts that the average import tax in the US will rise from 2.5 per cent last year to 19 per cent this year, the highest level since 1933. The foundation also said that after-tax income for US workers will fall by an average of 2.1 per cent this y...