Swedish startup Lovable has reached $400 million in annual recurring revenue, with both enterprise and individual users adopting its AI programming tool, surpassing growth expectations by five months. Founded in 2023, Lovable is dedicated to helping users rapidly create application and website prototypes through natural language prompts.

Gate News report: On March 12, the U.S. Department of Defense Chief Technology Officer Emil Michael recently disclosed that OpenAI has obtained the same cooperation terms with the U.S. Central Command as Anthropic. Michael stated that Anthropic is attempting to redefine the meaning of "domestic surveillance," with the intention of transferring this power from Congress's hands, and that its policy preferences are contaminating the supply chain. The U.S. Department of Defense plans to replace Anthropic with other systems within 6 months, during which it will be closely monitored to ensure control remains in the department's hands.

Tether Chief Executive Officer Paolo Ardoino announced on March 12 that the intelligent development platform QVAC Workbench 0.4.1 has been released, with multiple upgrades focused on AI localization and is currently in Alpha testing phase.

Reports indicate that a certain crypto trading platform has lobbied U.S. lawmakers against tax exemptions for small Bitcoin transactions, proposing that such measures be limited to stablecoins only. Bitcoin advocates have expressed concerns, believing this may benefit special interests and hinder innovation. Bitcoin policy institutions have called for tax exemptions on small Bitcoin transactions.

Gate News: On March 12, Nasdaq-listed company Cosmos Health announced an investment of $600,000 to increase its Bitcoin holdings. To date, the company's total digital asset reserve investment has reached $3.1 million, holding Ethereum in addition to Bitcoin. (Source: Globenewswire)

Nic Carter of Castle Island Ventures, in responding to the BIP-360 authorship controversy, emphasized that the Bitcoin community should focus on the technical quality of proposals rather than the author's background. He pointed out that anonymous developers are not uncommon in Bitcoin's history, and the BIP-360 proposal aims to enhance Bitcoin's quantum resistance.

CryptoQuant data shows that since the outbreak of the US-Israel war, the net taker buy volume in the Bitcoin derivatives market has remained positive, indicating an imbalance in market buying and selling forces. Bitcoin's price has rebounded to $74,000 and is currently consolidating in the $62,000 to $72,000 range, fluctuating between the realized price and the true market average price.

World Liberty Financial co-founder Zak Folkman stated that the company is developing infrastructure to support autonomous payments by AI agents, and plans to position its stablecoin USD1 as a core payment tool for machine-to-machine transactions. The current stablecoin market is approaching $315 billion, with USD1 ranking fifth in the market. Multiple institutions are also advancing AI-driven stablecoin payments.

On March 11th, the "Ethereum Day: AI / RWA / DeFi" event jointly hosted by SNZ and ETHTAO was held in Hong Kong, discussing the convergence development of AI, RWA, and DeFi, attracting numerous industry participants and project representatives for exchange and sharing, and exploring Ethereum's advantages and the expansion of the financial ecosystem.

The on-chain perpetual contract DEX market trading volume continues to decline, but the open interest remains high, and leverage funds have not shown significant outflows. Hyperliquid's open interest has increased, ranking first in 24-hour trading volume. Trading volumes on other DEXs are also notable, indicating active trading activity.