Attorney Ariel Givner said that the 280M-dollar attack incident involving the Drift Protocol, which resulted from failing to follow basic security procedures, could amount to civil negligence. The attacker, after 6 months of planning, used a trusting relationship to steal the developers’ devices; there is already a class-action lawsuit advertisement targeting Drift circulating.

ARK Invest founder Cathie Wood says Bitcoin has entered a mature phase, and that the large drawdowns of the past may be behind us— even a future 50% pullback would be considered progress. She noted that Bitcoin has grown into a mature monetary system and asset class.

Gate News announcement, March 31, Across released a statement. The ACX token for equity trading and acquisition proposal is now live. The proposal is intended to seek approval to transition the Across protocol from a token-based decentralized autonomous organization (DAO) architecture to a U.S. C corporation. ACX token holders have 7 days to vote on the proposal.

Gate News reports that on March 29, despite several digital art projects debuting at the Hong Kong Basel Art Fair, the NFT market overall remains sluggish, showing no clear signs of recovery. Specifically, the listing price for Bored Ape 5278 in the "Bored Ape" series is currently just 7 ETH, down over 100 ETH from its last transaction price, reflecting a significant decline in the valuation of top NFT assets. Once regarded as a rapidly rising asset class, the NFT art market has notably cooled, with both liquidity and price performance continuing to face pressure.

Liquid Capital founder Yi Lihua pointed out that the cryptocurrency market is in a bear market, the war is not over, and the rebound is weak. The market's performance over the past four years has been disappointing, with crashes and regulatory impacts causing harm to all parties; only Wall Street's ETFs and a small number of believers continue to provide support, while innovation in the crypto space is progressing slowly.

Gate News reported that on March 27, Yi Lihua published a post on platform X expressing his views on the current state of the cryptocurrency market. According to his perspective, the current cryptocurrency market is in a bear market and the war is not yet over, lacking significant rebounds. Yi Lihua stated that the performance of the cryptocurrency sector over the past four years has been disappointing, with the crypto middle class, retail investors, and VCs all being harvested, while exchanges, market makers, and project teams continue to extract funds. He pointed out that the current capital inflow in the market mainly comes from Wall Street ETFs, DAT, and a few believers, and that there has not yet been any disruptive innovation in the cryptocurrency sector.

A U.S. federal judge approved the inclusion of the **collective plaintiff** as a defendant in a class action lawsuit against Nvidia and its CEO Jensen Huang, alleging that they concealed the extent of the company's dependence on GPU revenue related to cryptocurrency mining. The **collective plaintiff** claims Nvidia failed to disclose over $1 billion in GPU sales between 2017 and 2018, which affected the stock price.

A U.S. federal judge approved a class action lawsuit against Nvidia and CEO Jensen Huang, alleging they concealed GPU revenue dependence related to cryptocurrency mining and misled investors. Nvidia failed to prove that the relevant statements had no impact on stock price, and the litigation will proceed. Previously, the SEC fined the company for disclosure violations.

According to 1M AI News monitoring, Mercedes-Benz China announced that an edge-side multimodal large language model jointly developed with Tsinghua University and Zhipu, an AI large model company that listed on the Hong Kong Stock Exchange in January this year, will be deployed in the new generation Maybach S-Class and the new S-Class sedan. The model is deployed in the rear-seat entertainment system, integrating natural language processing with multimodal understanding and generation capabilities in vision, audio, and other modalities. Combined with in-vehicle cameras and other sensing hardware, it completes inference under local computing power conditions. According to Zhipu's official statement, Mercedes-Benz has thus become the first automotive brand to apply a multimodal large language model in a rear-seat entertainment system.

Alibaba Cloud's Wuying team will launch two AI hardware products: the JVS Book notebook and JVS Box mini host, targeting mobile and desktop office scenarios respectively. Based on OpenClaw-like architecture, they aim to provide a complete AI Agent experience and support the development of the "shrimp farming" track.