[Golden Morning News | List of important developments on March 27]

1. Tether announced that it will expand its strategic focus to the AI ​​field;

2. Illuvium completed US$12 million in Series A financing;

3. The US CFTC initiated civil enforcement proceedings against KuCoin;

4. Franklin Templeton launches BTC/ETH independent management account;

5. DeFi developer ALEX completed US$10 million in strategic financing;

6. Optimism will allocate more than US$3 billion to fund its blockchain builders;

7. U.S. lawmakers wrote to the SEC chairman requesting clarification on whether Ethereum is a security;

8. Insurance brokerage company Marsh launches $825 million in cryptocurrency custody insurance;

9. The US CFTC reiterated that digital currencies such as ETH are commodities in its lawsuit against Kucoin;

10. Web3 infrastructure company 0G Labs raises $35 million in pre-seed financing;

11. Bloomberg ETF analyst: Hong Kong physical Bitcoin ETF may be a major market opportunity. Market optimism continues, the blockchain industry is developing rapidly, and all parties are actively participating.