Zerohash Applies to Office of the Comptroller of the Currency for National Trust Bank Charter
On March 5, The Block reported that crypto infrastructure firm Zerohash has filed an application with the Office of the Comptroller of the Currency (OCC) — joining other digital asset companies pursuing national trust bank charters.
Per documents submitted to the OCC, the national trust bank Zerohash plans to launch will offer digital asset-related services, including: custody of digital assets, fiat currency, and other assets; custody staking and validation services; transfer agent services; trade execution; stablecoin management; and settlement, clearing, and custody services.
Stephen Gardner, Zerohash’s Chief Legal Officer, has been nominated to serve as CEO of the trust bank.
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Anthropic CEO: Not Praising or Donating to Trump Root of Strained Relationship With Current US Government
March 5th — According to The Information, Anthropic CEO Dario Amodei told employees in a memo that the root of the company’s tense relationship with the Trump administration lies in Anthropic’s refusal to curry favor with the current government.
He wrote: “The real reason the U.S. Department of Defense and the Trump administration dislike us is that we haven’t donated to Trump (whereas OpenAI co-founder Greg Brockman has given heavily).” He’s likely referencing the $25 million donation Greg Brockman and his wife made to Trump’s super PAC.
Amodei also noted: “We haven’t praised Trump in a dictatorial manner (as OpenAI founder Sam Altman has); we support AI regulation, which conflicts with their agenda; we’ve spoken truthfully on various AI policy issues (like job displacement); and we’ve stuck to our principles and acted with integrity, rather than colluding with them to stage ‘security theater’ to appease employees — I assure you, this is exactly the issue the DoD, Palantir (Anth
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Goldman Sachs: Recent Risk Asset Pullback is a Buying Opportunity, Not the Start of a Long-term Bear Market
March 5 (Wall Street News) — Goldman Sachs is bucking the trend amid global market volatility, framing the recent pullback as a buying opportunity rather than the start of a long-term bear market—backed by its bullish call for a four-week recovery in Strait of Hormuz shipping flows.
Led by Peter Oppenheimer, the firm’s strategy team said in a Wednesday report that while risk assets face “significant headwinds” from Middle East conflict concerns and AI disruption, resilient economic fundamentals and strong corporate profit growth will limit the pullback’s depth and duration.
Goldman’s optimism about global markets hinges largely on expectations for a swift energy supply chain rebound. Chief Oil Strategist Daan Struyven forecasts blocked oil shipments in the Strait of Hormuz will stay at current extremely low levels for the next five days, rebound to 70% of normal volumes within two weeks, and fully normalize at 100% capacity in four weeks.
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Aave Labs Releases Aave V4 Security Roadmap Full Transparency Audit Report
March 5 — Per official sources, Aave Labs has released a full transparency report on its Aave V4 Security Plan, covering methodology, process, and outcomes. The report has endorsements from security firms including Trail of Bits, Blackthorn, and Certora.
The plan included over 345 days of security reviews via manual audits, formal verification, invariant testing, fuzz testing, and public security competitions. It’s backed by a $1.5 million dedicated security budget approved by the DAO.
Aave Labs also announced it will continue five core commitments from the V4 plan:
1. Integrate formal verification early in development to guide architectural design with secure practices (not just post-development validation);
2. Use a layered security approach (manual audits, formal verification, invariant testing, AI-assisted checks, fuzz testing, public security competitions) to cover more potential vulnerabilities;
3. Maintain ongoing security coverage: its formal verification framework
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