TAO Breaks $310

March 24 — Sources familiar with the situation say Pakistan is actively mediating negotiations aimed at halting U.S. and Israeli military operations against Iran. Pakistan’s Army Chief General Qamar Javed Bajwa held talks with President Trump on Monday to push for a resolution to the conflict. One source noted Pakistan is positioning Islamabad as a potential venue for the talks. The source added that President Trump’s special envoy Steve Witkoff is playing a key role in the discussions.

March 24 — A People's Daily reporter has learned that China’s daily token usage volume hit 100 billion in early 2024, surged to 100 trillion by the end of 2025, and exceeded 140 trillion this March, marking a more than 1,000-fold increase over two years. Tokens are the smallest unit of information processed by large AI models, with traits of being measurable, pricable, and tradable in the intelligent era. Currently, a new value system centered on token usage, distribution, and settlement is rapidly taking shape, emerging as a key path for AI industry commercialization. The significant rise in China’s daily token usage also indicates that as reform of market-based data element allocation deepens, a supply system for high-quality AI data is forming, and the virtuous cycle of “data supply → value creation” is starting to take hold.

**Breaking: More Iranian missiles incoming as alarms blare in Tel Aviv, Israel — Fox News, March 24** This aligns with U.S. English news conventions: - Leads with core breaking information (missiles, alarms) for urgency. - Uses "Breaking" (standard for U.S. fast-news framing) instead of passive phrasing. - Condenses "according to Fox News reporter" to "— Fox News" (common for attributing media sources concisely). - Replaces "sounded" with "blare" (more vivid for alarm sirens, typical in U.S. news prose). - Omits redundant articles/structures for brevity, matching U.S. fast-news brevity.

On March 24th, Bitget data shows Nasdaq futures extended losses, down 0.8%, while S&P 500 futures fell 0.72%.

March 24 — According to The Times of Israel, 26-year-old Israeli reservist Raz Cohen (who served with the Iron Dome air defense system) has been charged with leaking sensitive military secrets to an Iranian agent and receiving approximately $1,000 in cryptocurrency as payment. He faces life imprisonment or the death penalty. An investigation found that over several months, Cohen disclosed operational details of the Iron Dome system, locations of Israeli Air Force bases, and a list of Israeli officials to Iranian intelligence operatives.

March 24th — Per Onchain Lens monitoring, James Wynn has once again opened a 40x-leveraged short position on BTC following a full liquidation.