BIT hosted the "Trust in Digital Finance" event in Singapore, discussing governance, compliance, and operational issues in the digital asset industry. The co-founder emphasized that the approval of a Bitcoin ETF will promote the institutionalization process, with increased market demands for infrastructure. The event revolved around the "Trust White Paper," discussing frameworks for risk governance and implementation. BIT, as a digital asset financial services group, is committed to bridging traditional and digital finance, with assets under management exceeding $6 billion.

Bit Digital has filed a lawsuit in New York, accusing Blockfusion founder Martini-Lo Manto of being involved in a $5 million cryptocurrency fraud, attempting to cover up his investment funds through a merger. Bit Digital aims to stop the merger and recover its funds through the lawsuit.

According to the BIT on Target report, Bitcoin should be understood from the perspective of liquidity and capital flows. At present, market sentiment is cautious, trading activity and fund flows are unclear, and in the short term it may remain range-bound with fluctuations, but there are still structural opportunities.

Google Research has released the TurboQuant quantization compression algorithm, which can compress the KV cache of large language models to 3 bits, reducing memory usage by 6x and improving computational speed by 8x. The algorithm demonstrates excellent performance across multiple benchmark tests and aims to address model caching bottlenecks. It will be published at ICLR 2026.

Google Research has released the TurboQuant algorithm, which can compress the KV cache of large language models to 3 bits, reducing memory usage by at least 6 times while maintaining accuracy without requiring training. The algorithm optimizes traditional quantization through two sub-algorithms: PolarQuant and QJL. Testing shows excellent performance across multiple long-context benchmarks.

BIT (formerly Matrixport) points out that gold prices pulling back to $4,400 may attract buying interest, with support at $3,500. Although rising real rates pose short-term pressure on gold prices, in the medium to long term, sovereign debt expansion and geopolitical tensions will continue to support gold demand.

Matrixport has rebranded to BIT, expanding its services in digital finance, including custody and trading. Users' accounts remain unaffected. The company manages over $6 billion in assets and operates in seven countries with multiple licenses.

Gate News report: On March 17, Tether's QVAC Fabric launched the world's first cross-platform LoRA fine-tuning framework for Microsoft BitNet (1-bit LLM), significantly lowering the VRAM and computational thresholds for large model training. The framework supports LoRA fine-tuning and inference acceleration on Intel, AMD, Apple Silicon M series, and mobile GPUs (including Adreno, Mali, and Apple Bionic).

Gate News Report, March 10: According to msx.com data, U.S. stocks opened lower, with the Dow down 0.13%, the S&P 500 down 0.03%, and the Nasdaq up 0.1%. Crypto-related stocks generally rose, with Circle up 9.74%, Bit Digital up 3.87%, Robinhood up 2.99%, a certain CEX up 2.92%, and Hut 8 up 0.45%.

Gate News Report, March 9th: U.S. stocks opened lower, with the Dow down 1%, the S&P 500 down 0.87%, and the Nasdaq down 0.86%. Cryptocurrency-related stocks showed mixed performance, with Circle up 8.57%, Bit Digital down 0.62%, Robinhood down 0.66%, Hut 8 down 4.48%, and a certain CEX up 1.66%.