The Trump administration has once again tightened restrictions on China's technological development, warning global companies that using artificial intelligence (AI) chips made by Huawei could face criminal penalties for violating U.S. export controls. (Synopsis: Trump backstabbed Jensen Huang!) Nvidia H20 "first talk good is useless" was banned by the United States to lose 5.5 billion magnesium, how to enlighten TSMC at the end of the bright card negotiations? (Background supplement: US customs detained bitcoin mining machine "misidentified Huawei RF" shouted TSMC electric shock ban, now fully released will benefit mining companies) The U.S.-China AI trade war has made new progress, and the U.S. Department of Trade and Commerce recently issued an important guidance aimed at clarifying and strengthening export controls on China's AI chip technology, which clearly states that Huawei's Ascend series of AI processors is "almost certain." Contains or uses U.S. technology manufacturing, cause

The DeFi savings protocol Sky (formerly MakerDAO) incurred a loss of $5 million in the first quarter of 2025, a significant decline from the $31 million profit in the previous quarter. The protocol used the new stablecoin USDS to incentivize users, resulting in a 102% surge in interest payments. Despite aiming to attract seasoned investors, it has not significantly expanded its user base, and profits have been dragged down by high interest rates.

Asheesh Birla from Ripple suggests blockchain is reshaping banks akin to the internet's impact on newspapers. He describes stablecoins as a novel narrow banking model. Ripple's RLUSD market cap exceeds $300 million.