A Haitong Securities research report says that the conflict in the Middle East has gone beyond short-term impacts, causing capital and supply disruptions. Even if the situation improves, the market’s allocation approach will be different from spring. It expects the U.S. dollar and oil prices to perform better than anticipated. It also calls for paying attention to shortages of goods and supply-chain risks, and maintaining a cautious attitude toward market volatility.

Gate News message, April 5, cross-border remittance giant Western Union announced that it has completed its acquisition deal for Singapore digital wallet Dash. The specific acquisition amount has not been disclosed yet. Dash was previously owned by Singtel, and this acquisition gives Western Union its first wallet service in the Asia-Pacific region, further expanding its digital financial services beyond its traditional remittance business. Singtel and Western Union had previously said that the sale still needs approval from regulatory authorities. The completion of the deal announced this week marks that Dash has officially been folded into Western Union’s business.

Gate News update: On April 2, according to market sources, the U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ) filed a lawsuit against the state of Illinois, its governor, and its attorney general, alleging that they tried to regulate prediction markets beyond their legal authority. The two federal agencies said the relevant regulatory measures in Illinois are ineffective because the state government has no jurisdiction over federally regulated prediction markets. The complaint documents emphasized that the move is intended to protect innovative financial instruments from overreaching interference by local governments.

Gate News reports that on March 27, the stablecoin issuer Tether has chosen KPMG as its auditing firm and has hired PwC to assist in improving internal systems. This move is the clearest signal that Tether is moving towards a comprehensive audit of its financial statements. The audit scope will go beyond the monthly reserve attestations currently issued by BDO Italia, conducting a thorough review of assets, liabilities, control measures, and reporting processes.

Anthropic is testing a new model called "Claude Mythos," which shows significant improvements in areas such as programming, reasoning, and cybersecurity. Leaked drafts indicate that Mythos is a completely new model tier that surpasses the existing Opus series and possesses leading cybersecurity capabilities. The leak originated from a misconfiguration in the content management system, which led to the exposure of unpublished assets. Anthropic stated that it will adopt a more cautious release strategy.

Cryptocurrency incubator Obex announces deployment of $1 billion to connect Sky ecosystem's USDS stablecoin with real-world assets, focusing on investments in credit, energy, and AI assets to enhance USDS holder yields and drive the Sky ecosystem beyond pure crypto returns. Sky is the world's third-largest stablecoin issuer and plans to increase USDS supply to $20 billion.

Franklin Templeton partners with Ondo Finance to launch a 24/7 tradable ETF, initially targeting markets in Europe, Asia-Pacific, and beyond. The ETF encompasses stocks, gold, and high-yield bonds, with liquidity support provided by Ondo. Token holders enjoy yield rights and the ETF is compatible with DeFi collateralization.

Meta recently launched a new stock option incentive plan that requires executives to drive the company's market value beyond $9 trillion by 2031 to fully cash out their options. The plan covers six core executives, with CEO Zuckerberg excluded from the list. The initiative aims to incentivize executives to achieve tremendous company success, thereby benefiting all shareholders. As competition for AI talent intensifies, Meta's equity compensation costs have risen significantly.

On a quiet Sunday morning, someone turned $100,000 into $25 million in approximately 17 minutes. The target was the yield-bearing stablecoin protocol Resolv. Before Resolv paused its contracts, its dollar-pegged stablecoin USR had fallen to just a few cents. As of this writing, USR remains severely depegged, trading at around $0.25 and experiencing a decline of over 70% this week. The shockwaves extended far beyond Resolv.