Project Updates

The Italian Regulatory Authority Has Blocked Access to These Bitcoin and Altcoin Companies! The Italian Companies and Commodity Exchange Commission (CONSOB) recently announced that it has blocked Italian citizens from accessing various platforms that allegedly provide illegal cryptocurrency investment and trading services. The Italian regulatory body said that these platforms illegally promote the trading of foreign currencies, digital assets, and cryptocurrency derivatives in the country. Ministries in Italy have said that citizens should not use this type, while CONSOB has stressed that it is concerned about the risks posed by the lack of regulation of cryptocurrencies. The Commission has ordered internet providers to be blocked until they comply with the rules that these companies must comply with. According to local internet providers, it may take a few days for access to these sites to be blocked due to technical reasons. Local regulators have taken a similar measure over the past few years, blocking about 1,065 websites. Despite these obstacles, the Gate.io exchange received a license from Italy last March and officially started to serve Italians. #ContentStar# #HotTopicDiscussion# #BTC# #GT# #GTC# #LOGT#

Flash 2024/3/18 1. According to the Gate.io market, BTC is up 3% in 24 hours and is currently trading at $67,334, ETH is up 2% in 24 hours and is currently trading at $3,578, and GT is up 4.2% in the day at $6.9. 2. Token Unlocks data shows that ID, IMX, DYDX, PIXEL, NYM, AND MANTA will usher in a one-time large unlock this week. 3. Affected by the upcoming opening of the NVIDIA GTC conference, the AI sector tokens rose, of which RNDR hit a record high, with a 24-hour increase of 25%; WLD and ARKM rose more than 10% in 24 hours. 4. SOL rose above $200, up 7% in the day, and its market capitalization reached $88.1 billion, surpassing BNB to rank fourth. 5. Nine spot bitcoin ETFs in the United States hold more than 450,000 bitcoins, worth $30.2 billion, of which BlackRock IBIT leads the way, accounting for 50.4% of the total holdings.

📆 Flash News 18/03/2024 1️⃣Gate.io data shows BTC has risen by 3% in the past 24 hours to $67,334; ETH is up 2% to $3,578; GT is priced at $6.9, up 4.2% intraday. 2️⃣Token Unlocks data indicates ID, IMX, DYDX, PIXEL, NYM, and MANTA will experience one-time unlocks this week. 3️⃣AI tokens are rallying, possibly due to the upcoming NVIDIA GTC conference, with RNDR hitting a record high, up 25% in 24 hours; WLD and ARKM also saw over 10% gains. 4️⃣SOL surged above $200, with a 7% intraday increase, reaching a $88.1B market cap, surpassing BNB to rank fourth. 5️⃣Nine US spot Bitcoin ETFs hold over 450,000 BTC worth $30.2B, led by BlackRock's IBIT with a 50.4% share.

Decentralized AI Agent Network Delysium's AGI Token Price Surges Over 30% According to Foresight News, the price of decentralized AI intermediary network Delysium's AGI token surged by over 30% in 24 hours, reaching a new all-time high of 0.53 USDT. The token's price started at 0.5 USDT. In addition, Delysium will collaborate with AI technology company rct AI to host an offline event titled 'Transformative Moment in Artificial Intelligence and Blockchain' during the upcoming NVIDIA 2024 GTC AI conference. Delysium, You Know I Love You (YKILY), and the first Web3 AI tool operating system are dedicated to building a large-scale network of AI intermediaries collaboration and reconciliation called Lucy. Through a modular architecture and canvas-based interaction, Lucy aims to simplify the complexity of Web3 application operations and lower the barrier to entry for users in the Web3 world. #比特币# #GateioBountyCreator# #GateLive# #HotTopicDiscussion#

The AI concept sector as a whole rose 33.5%, and the reason why Fetch.AI's FET token soared 360% and hit a new all-time high It is reported that the NVIDIA AI conference GTC will be held from March 18 to March 21, and Illia Polosukhin, co-founder of the public chain project NEAR Protocol, will attend the "Transforming AI" keynote speech and panel discussion on March 20, and the NEAR token is now at $5.68, up 27.1% in 24 hours. According to the data, the AI concept sector token as a whole rose 33.5%, and Fetch.ai (FET) is now trading at $2.72, up 41.4% in 24 hours; Render (RNDR) is trading at $9.75, up 36% in 24 hours; SingularityNET (AGIX) is trading at $1.15, up 31% in 24h, and Akash Network (AKT) is trading at $5.4, up 16.2% in 24h. In addition, Worldcoin (WLD) is now trading at $7.35, up 8.4% in 24 hours. #山寨季开始# Fetch.AI's native token, FET, has risen 360% since 2023, rising significantly from $0.6 to an all-time high of $2.84, driven in part by the v0.17 update in early February. As a result, FET briefly entered the list of the top 50 crypto assets by market capitalization and then slipped two places. The recent rally was first driven by a surge across the market and later by Fetch.AI's acquisition of advanced GPUs after $100 million in infrastructure investment. As a result, the FET saw a weekly gain of more than 70%. #山寨季开始# Fetch.AI is a crypto-artificial intelligence project based on Cosmos. It recently announced plans to invest $100 million in an infrastructure initiative called Fetch Compute. It is designed to enhance developers' resources, computing power, and training opportunities while providing GPU credits to users. According to the official announcement, Fetch Compute will integrate Nvidia H200, H100 and A100 GPUs to create a platform that developers and users can meet their computing needs. At the same time, funding for the program will come from the Fetch.AI Ecosystem Fund. German multinational engineering giant Bosch partnered with Fetch.aI last year to launch a new foundation focused on driving industrial adoption of software brokers, artificial intelligence, and Web3 technologies. The new entity is known as the Fetch.AI Foundation, which prioritizes research and development efforts and promotes the practical application and adoption of agents in various fields. Later that year, Bitget, a crypto derivatives and copy trading platform, committed $10 million to the development of the Fetch.AI ecosystem, while announcing its intention to provide AI Labs with a variety of services, including marketing consulting and strategic direction. (Source: Chayanika Deka)