On March 11, the US stock market opened with the Dow down 0.17%, the S&P 500 up 0.13%, and the Nasdaq up 0.33%. Oracle's stock price rose over 11% due to better-than-expected earnings and an upward revision of revenue guidance. Crypto-related stocks generally rose, with several individual stocks performing well.

Gate News Announcement: On March 11, the financial giant Wells Fargo, with an asset management scale of $2.1 trillion, has filed a "WFUSD" trademark application in the United States. The trademark application covers three international classes: Class 009 includes downloadable software for digital asset trading, payments, and wallet functions; Class 036 covers cryptocurrency trading and exchange services, as well as financial information processing and electronic business related to digital assets; Class 042 includes software-as-a-service for asset tokenization and on-chain transaction payment infrastructure, as well as data encryption and electronic storage services.

AI infrastructure company Nexthop AI completed a $500 million oversubscribed Series B funding round on March 11, valuing the company at $4.2 billion. Investors include several well-known venture capital firms, and the funds will be used to accelerate AI network infrastructure development and launch three new platforms. The team size has exceeded 300 people.

Gate News Announcement, March 11, Starknet launched the STRK20 protocol-level privacy feature, supporting confidential balances and private transfers for any ERC-20 tokens, with an integrated compliance mechanism. Since its launch day, STRK20 has supported anonymous transactions on Ekubo Protocol, as well as anonymous staking of BTC and STRK.

Hyperliquid announced the official launch of HIP-4 on the testnet on March 11, introducing the first batch of cyclical binary options markets based on HyperCore's spot prices. The contract is fully collateralized, featuring nonlinear payoffs and expiration characteristics. Future plans include launching one-day expiration markets for BTC and HYPE, as well as multi-outcome markets. The network upgrade will expand the scope of portfolio margin applicability and set limits on the supply and lending of USDH.

Gate News Report, March 11 — According to on-chain analyst Yu Yan's monitoring, a whale opened a long position of 20,000 ETH at a price of $2003 on March 9 (the day before yesterday), with a total value of $40.9 million. It was closed earlier today at a price of $2045, resulting in a profit of $850,000. Currently, this address still holds a long position of 600 BTC (worth $42 million), as well as 10,158 ETH spot bought yesterday (March 10), valued at $21 million.

The AI platform for lawyers, Legora, completed a $550 million Series D funding round on March 10, with Accel leading the investment and several well-known investment institutions participating. Legora focuses on integrating into clients' workflows and currently has 800 law firms using its platform. It plans to open more offices in the future, with a total staff expected to exceed 300 people.

Nscale announces the completion of a $2 billion Series C funding round, valuing the company at $14.6 billion, setting a record in European history. The funding was led by Aker ASA and 8090 Industries, with participation from several well-known investors. At the same time, new board members were announced. Despite the good news of funding, the progress of Nscale's flagship project in the UK remains uncertain, as the government stated that the investment commitment is not an official contract.

On March 10th, the Zcash ecosystem secured $25 million in funding, attracting several well-known investment institutions, which contributed to approximately a 10.9% increase in ZEC price. The funds will be used to expand the engineering team and accelerate protocol development. Despite the funding boost boosting market confidence, ZEC's decline in early 2026 still exceeded 57%. Long-term support will depend on the practical application of privacy technology and market demand.

Nvidia plans to launch the open-source AI agent platform NemoClaw, driving the rise of AI-related crypto assets. Several AI tokens have performed well, with an overall increase of approximately 4.8%. NemoClaw will assist companies in developing intelligent agents, integrating security and privacy tools, and is expected to further promote collaboration at the upcoming developer conference.