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10:02
Aztec releases roadmap update; Alpha network code is ready and will undergo on-chain voting
Foresight News reports that Aztec has released its latest roadmap update, announcing that the Alpha network code has been fully completed. Aztec stated that the Alpha network is a version on Ethereum supporting fully programmable privacy smart contracts, representing the culmination of eight years of research and development by the team. The governance proposal for the Alpha network is now live on the forum and will be subject to community discussion before an on-chain vote.This update covers four core directions: the execution layer has implemented a complete "private + public" dual-state model, and launched the Aztec.js SDK along with native account abstraction; the proof system introduces CHONK (Client-side Highly Optimized ploNK), specifically designed for mobile and browser platforms, reducing the time and memory required for clients to generate zero-knowledge proofs; the privacy programming language Noir 1.0 is nearing completion, with compiler auditing underway; on the decentralization front, Ignition Chain has maintained zero downtime since its launch, with over 3,500 Sequencers and more than 50 Provers distributed across five continents.
09:59
Messari: Last week, stablecoin inflows rebounded to $1.7 billion
Jinse Finance reported that according to the latest Messari report, despite debates among US lawmakers and banking groups over whether stablecoin issuers should be allowed to pay yields, stablecoin net inflows rebounded last week as on-chain activity increased. According to the report released on Wednesday, weekly stablecoin net inflows accelerated to 1.7 billions USD, a week-on-week increase of 414.5%. The report pointed out that this recovery also turned the 30-day average daily inflow positive, reaching 162.5 millions USD. Trading volume also increased by 6.3%, while the average transaction size continued to decline, reflecting a recovery in demand for stablecoin issuance and an “enhancement” of retail investor on-chain activity.
09:59
Analyst: Iran conflict has a greater impact on India's economy than inflation
Golden Ten Data reported on March 5th that, according to informed sources and analysts, the negative impact of the US and Israel's attack on Iran on India's economic growth will be greater than its impact on inflation, prompting the Reserve Bank of India to maintain low interest rates. This conflict has spread to most parts of the Middle East, causing oil prices to rise by about 15%, disrupting the region's natural gas supply, and triggering sell-offs in India's stock, bond, and currency markets, with the Indian rupee hitting a historic low. However, sources revealed that despite the rupee's depreciation and rising crude oil prices, the central bank is unlikely to take a hawkish stance. Sources believe that one of the urgent risks facing India's economic growth is the interruption of natural gas supply. If the disruption lasts more than four weeks, it could have a negative impact on the economy for at least one quarter. The source also stated that if oil prices remain at $90 to $95 per barrel for three to four consecutive quarters, India's expected economic growth rate of over 7% in the next fiscal year will suffer a more lasting blow. In that scenario, the growth rate may slow from the current forecast of over 7% to about 6.5%. He said: "If oil prices remain high for a long time, India's 'golden opportunity period' will come to an end." However, one of the sources pointed out that, given the possibility of extreme changes in the Middle East situation, the current assessment may be adjusted.
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