The European Commission's proposed Digital Markets Act rules would require Google to share anonymized search data with rivals in the EU. Google opposes this, citing privacy concerns. Competitors like Qwant and Ecosia have launched their own search engine, arguing the proposal does not sufficiently enhance competition. The dispute highlights the critical role of data in AI development.

Anthropic opposes Illinois bill SB 3444, which would protect AI labs from liability if they create safety frameworks. Governor Pritzker condemns the bill, while OpenAI supports it for reducing risk. Critics warn it could diminish legal accountability.

A certain cryptocurrency exchange was extorted by a criminal organization, which claimed it would release internal system access videos. The exchange confirmed it had not suffered a systemic breach, that customer funds are safe, and that due to improper conduct by customer service personnel, data from approximately 2,000 accounts was accessed. The exchange has revoked the relevant permissions and strengthened security controls. The company is working with law enforcement agencies to investigate.

The American Bankers Association criticized the stablecoin report released by the White House Council of Economic Advisers, saying its analysis was wrong. It emphasized that allowing stablecoins to pay interest would lead to local banks’ deposits flowing out and would tighten credit, countering the report’s claim about the effects of the proposed ban.

Gate News message. April 13, according to on-chain analyst Ai Yi ( @ai_9684xtpa ) monitoring, a whale address withdrew 7,100 ETH (worth about $13.87 million) from a certain CEX on February 20 at an average price of $1,954, and two hours ago transferred 7,050 ETH into the CEX. If it is sold, it would make a profit of $1.65M.

A whale-sized investor was already down $345k when betting that the Iranian regime would collapse on June 30, and the prior investment also failed. The market’s judgment rules are strict, and only under specific conditions is a regime collapse recognized; ordinary regime change is not considered.

Gate News message, on April 10, the Hong Kong Monetary Authority said it would maintain communication and engagement with the first batch of applicants that did not receive a license, as well as other institutions that apply in the future, to review these applications under uniform regulatory standards and requirements. Regarding the later issuance of stablecoin licenses and the timeline, the Monetary Authority has an open yet cautious attitude, and at this stage there is no clear inclination.

Gate News message. On April 10, according to Lookonchain monitoring, a whale address that previously bought 163,405 ETH (about $440 million) and 4,000 cbBTC (about $296 million) via over-the-counter trading sold 899,999 RAVE (about $229k) at cost three weeks ago. However, RAVE’s price is up 226% today; if the address had not sold in advance, its current unrealized profit would be about $870k.

Multiple U.S. law enforcement groups oppose the provisions in the Senate's crypto market structure bill that protect DeFi developers, arguing that it would weaken the government's ability to combat financial crime. The bill's proposed amendments have triggered a bipartisan rift, and it remains unclear whether it can move forward in the future.

Gate News message, April 9, Arthur Hayes posted a comment on reports that Iran is charging Bitcoin tolls. Hayes said he would only believe that Iran is truly collecting tolls in the form of BTC after seeing the related transactions on the real Bitcoin blockchain. He believes that before that, it is only the Islamic Revolutionary Guard Corps playing with the Western fiat currency and financial system.