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BlockBeats News, March 30, according to Sina News, since last week, the prices of memory modules in the market have seen a cliff-like drop, with mainstream 16G modules dropping by over 100 yuan in a single day. Wholesalers generally attribute this to large-scale stockpilers offloading their inventories. Due to a previously excessive price surge, market sales have dropped by more than 60% compared to before November last year, and weaker market absorption capacity has further intensified the selling pressure. Meanwhile, Google has released a new compression algorithm called "TurboQuant," which can reduce the runtime key-value cache memory consumption of large language models by at least 60%, leading to a downward revision of market expectations for AI hardware demand. According to the Financial Times, as a result, the market value of US memory chip stocks evaporated by nearly $100 billion this week. Among them, Micron Technology's share price has fallen by a cumulative 15% since last Friday, with its market value shrinking by more than $70 billion.

Ripple CEO Brad Garlinghouse stated that cryptocurrency has transformed from "poison" to reshaping the financial system, with major companies now racing to adopt stablecoins and digital assets. (Cointelegraph)

BlockBeats News, March 30th, according to on-chain data, the Hyperliquid team wallet unstaked 333,000 HYPE tokens (around $13 million) 11 hours ago, with HYPE now trading at $37.56, a 24-hour decrease of 5.14%. Previously announced officially, 333,000 tokens from Hyperliquid Labs would be unstaked on March 29th and distributed to team members on April 6th.