Global Daily Average Token Burn Increases Nearly 300-Fold in Two Years, China's Low-Cost Token Expedites Mining Power Expansion
March 3rd — Huawei ICT BG CEO Yang Chaobin delivered a keynote at the World Mobile Communications Conference (MWC) today, noting global daily token consumption has surged nearly 300x over the past two years. This has spurred AI apps like lifelike video and smart shopping, with over 30 million AI agents collaborating worldwide.
Against this backdrop, surging global demand for China’s homegrown large-model APIs and token-driven computing expansion have sent electricity demand soaring. Yesterday, Elon Musk retweeted: “Electricity generation is the best single measure of industrial capacity.” China’s 2024 electricity output is roughly 100 trillion kilowatt-hours (kWh) — 40% more than the combined total of the U.S. and the EU’s 27 member states. China overtook the EU in generation around 2007 and the U.S. around 2010. Electricity generation not only reflects industrial strength but has become a core metric for computing power, directly capping AI development potential. Of AI’s three key
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The Bridge plan is to expand the stablecoin payment card business to 100 countries
March 3 — Per Fortune, Bridge (the Stripe-acquired crypto startup) and Visa plan to expand their stablecoin-backed card business to 100 countries across Europe, Asia, and Africa by 2025. The service is currently available in 18 countries, letting users pay at any Visa-accepting merchant using funds from their crypto wallets.
Bridge co-founder and CEO Zach Abrams noted that Visa’s robust merchant network—built over 40 years of operation—remains highly valuable in the stablecoin space. Separately, Bridge will join Visa’s ongoing pilot programs to test whether stablecoins can be used on blockchain for payment settlements, replacing traditional bank transfers.
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OpenClaw Officially Launches Official Weibo Account
March 3rd marked the launch of the official Weibo account for OpenClaw, an open-source AI project. In its debut post, the team stated:
“OpenClaw’s mission is to let everyone unlock AI’s infinite power. Sincere thanks to all developers and netizens for your support—your stars and feedback drive our continuous iteration. We’ll share OpenClaw’s technical updates here moving forward. Stay tuned; code never stops!”
Today, OpenClaw has racked up over 250,000 GitHub stars, outpacing React’s ~243,000. This makes it the most-starred active software project on GitHub.
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Neo's two co-founders at odds again, Zhang Zheng questioned the embezzlement of public funds
On March 3, following the release of the Neo Foundation’s 2025 fiscal year financial report, co-founders Erik Zhang and Da Hongfei again expressed conflicting views.
Da Hongfei stated, “Over the past 12 years, we’ve navigated market cycles, structural shifts, and regulatory changes while evolving continuously. The report clearly outlines our current standing and future direction. Moving forward, clarity and execution will be key to breakthroughs.”
Zhang raised doubts about the report, saying, “I only see Neo asset addresses disclosed by contributor Ricardo Prado—no addresses for non-Neo assets were shared. The individual line items in the financial statements cannot be verified. Moreover, it must be emphasized that the size of non-nominal-digit assets held by the Neo Foundation is highly abnormal. Why did the ultimate revenue from the Foundation’s external investments flow to the private firm NGD? This is blatant embezzlement of public funds.”
For more details, refer to BlockB
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Trump: Iran Wants to Negotiate But It's Too Late, Its Military is Irrelevant
On March 3rd, Trump said on Truth Social that Iran’s air defense systems, air force, navy and leadership are no more. They want to negotiate—but it’s too late!
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