BroadChain has learned that on April 18th, this week saw frequent developments in the AI field. A Stanford report shows the AI capability gap between China and the US has narrowed to 2.7%, with Tsinghua's DeepSeek ranking among the global top ten. Computing power has surged 30-fold in three years, intensifying industry concentration. Web3 is permeating the entire AI industry chain, with stablecoins becoming the native payment layer for AI Agents.
Allbirds pivoted to AI computing services and rebranded, with its stock price soaring over 800% in a single day. Crypto VCs are facing industry reshuffling, with Multicoin's assets halved and a16z shrinking by 40%. Only Haun Ventures achieved counter-trend growth by betting on the stablecoin track. Token exit mechanisms are being reshaped, with on-chain revenue becoming the new valuation benchmark.
Market manipulation risks are intensifying. The RAVE token surged nearly 80x in 7 days, allegedly backed by a 90% token monopoly and on-chain manipulation. After the SIREN whale regained control of over 93% of the tokens, the price surged 185% within 24 hours. The ARIA token was suspected of being dumped by a controller, causing a 91% price crash.
Other key news includes: Upbit will list SOON; Mint Blockchain and the NFT platform Foundation will cease operations; Drift Protocol received up to $127.5 million in support from Tether for compensation; A CoinGecko report shows the total crypto market cap fell over 20% in Q1; Kraken confirmed it has confidentially filed for an IPO.