24-Hour Hot Cryptocurrencies and News | Venus Protocol Suffers Flash Loan Attack; Only Bitcoin ETF Among the Top 20 Global ETFs Suffers Losses (March 16)

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1. Popular cryptocurrencies on CEXs

Top 10 CEX trading volumes and their 24-hour price changes:

  • BTC: +2.27%
  • ETH: +4.07%
  • SOL: +4.98%
  • XRP: +3.10%
  • DOGE: +2.30%
  • BNB: +2.48%
  • TAO: +12.88%
  • Trump: -0.62%
  • LINK: +3.38%
  • AAVE: +5.75%

24-Hour Gainers List (Data Source: OKX):

  • RIO: +37.34%
  • NEO: +13.61%
  • CFX: +11.13%
  • ZRO: +10.44%
  • DEGEN: +10.33%
  • SPACE: +9.73%
  • FET: +9.47%
  • EIGEN: +9.09%
  • QTUM: +7.38%
  • ZEN: +7.35%

24-hour (Monday, based on last Friday's closing performance) list of top gainers in cryptocurrency stocks (data source: msx.com ):

  • Verb Technology Company, Inc. - MSX (VERB.M): 4.18%
  • Nabit-MSX (NA.M): 3.05%
  • Canaan Technology - MSX (CAN.M): 2.62%
  • A-Mark Precious Metals, Inc. - MSX (AMRK.M): 1.88%
  • Lightwave Logic, Inc. - MSX (LWLG.M): 1.45%
  • Blink Charging Co. - MSX (BLNK.M): 1.33%
  • Pony.ai - MSX (PONY.M): 1.31%
  • Faraday Future - MSX (FFAI.M): 1.27%
  • GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF - MSX (CONI.M): 1.19%
  • Bit Origin - MSX (BTOG.M): 1.10%

2. Popular on-chain memes (data source: GMGN ):

  • Solana: OpenClawAi, come and join Hua Zi
  • BSC: Freedom of Money, Lobster

Headlines

Venus Protocol appears to have been attacked by flash loan; THE experiences large-scale liquidation.

Community reports indicate that the BNB Chain lending protocol, Venus Protocol, appears to have been the victim of a flash loan attack, resulting in a large-scale liquidation of its token, THE. According to KOL "Tu'ao Master Brother," the attacker's wallet currently holds approximately $3.6 million in assets, having acquired about 20 BTC, 1.5 million CAKE tokens, and approximately 200 BNB. The liquidation of THE is ongoing, with approximately 42 million THE tokens, worth about $14 million, still awaiting liquidation.

BlackRock's Head of Digital Assets: Only Bitcoin ETF Among the Top 20 Global ETFs Losses, 90% of Investors Buy More as Prices Fall

During a live broadcast, BlackRock's head of digital assets admitted that among the top 20 ETFs globally in terms of inflows, only the BlackRock Bitcoin ETF had a negative return, while all other ETFs were profitable. Currently, the BlackRock Bitcoin ETF has seen inflows of $26 billion, ranking fourth globally. The head stated that this phenomenon indicates Bitcoin is undergoing a period of intense trading and long-term accumulation. Furthermore, 90% of investors in the BlackRock Bitcoin ETF are buying on dips, while only 10% of hedge funds are using basis trading for short-term, high-frequency trading.

IEA: Record crude oil reserves will be released immediately to Asian markets, while Europe and the US will have to wait until the end of March.

The International Energy Agency (IEA) issued a statement after receiving implementation plans from member countries. The agency stated that the record-breaking oil release from reserves will be immediately deployed in Asia as Asian buyers rush to fill supply gaps disrupted by the Middle East conflict. Oil destined for Europe and the Americas will not be released until the end of March. The IEA stated last week that the global oil market is facing its worst supply disruption in history due to the Middle East conflict effectively blocking the crucial Strait of Hormuz. Asian buyers are most reliant on oil supplies from the Middle East, making the speed of reserve releases particularly critical for the region. IEA Executive Director Fatih Birol stated on the X platform: “This will release an unprecedented amount of additional oil into the market starting March 16. However, opening the Strait of Hormuz is crucial for restoring stable oil flows.” Globally, approximately 72% of the total committed oil release is crude oil, and 28% is petroleum products. (Jinshi)

Polymarket has updated its article, "Will the Russia-Ukraine ceasefire precede the US-Iran ceasefire?", referring to the official ceasefire agreement.

According to Odaily Seer, Polymarket launched a new market yesterday asking "When will the military action against Iran end?", and the current probability of "No" is 87%. Odaily Seer continues to monitor the prediction market, seeing changes before pricing.

Industry News

The mastermind behind the BITGIN money laundering case has been indicted in Taiwan, with the amount involved exceeding NT$150 million.

Taiwanese prosecutors have indicted 10 people, including Liu Yusen, head of the defunct cryptocurrency exchange BITGIN, CEO Zhang Hansen, and COO Zhang Yuting, along with the company's founder. The Zhang siblings may face up to 12 years in prison. Prosecutors allege that the company collaborated with a fraud ring in 2023, providing USDT and cooperating with "fake cryptocurrency dealers" to conduct fraud and money laundering through in-person cash transactions. The case involved 46 victims and defrauded them of over NT$150 million. The funds were transferred through cryptocurrency wallets and overseas exchanges to conceal their origin.

A female police officer in Shandong province cracked a case involving underground banks selling virtual currencies, identifying 12 suspects and 6 wallet addresses.

In 2023, while investigating a telecommunications fraud case, the Dezhou Public Security Bureau in Shandong Province discovered a new criminal model involving "traditional underground banks + virtual currency" by tracing the flow of funds one by one. During the case analysis, the police gradually pieced together the relevant financial network by analyzing account transfers and fund trajectories.

The U.S. SEC commissioner recommended proceeding cautiously with the "innovation exemption" for tokenized securities and raised key issues such as information disclosure requirements.

In an article, U.S. Securities and Exchange Commission Commissioner Hester M. Peirce wrote that a study has been initiated on an "innovation exemption" scheme for tokenized securities, allowing limited trading and technology trials of certain tokenized securities. This exemption scheme would be more cautious than the "comprehensive exemption" recommended by the industry. She believes that it is necessary to explore whether to allow different types of securities tokenization models to be tested under the innovation exemption framework, and to consider whether issuers need to agree to third parties issuing tokenized versions of their shares, in order to promote technological innovation while avoiding regulatory arbitrage and maintaining core investor protection mechanisms.

Opinion: Regulatory uncertainty surrounding stablecoins may worsen the situation for banks, and deposits may face migration pressure due to yield differentials.

Colin Butler, Executive Vice President of Capital Markets at fintech company Mega Matrix, stated that regulatory uncertainty surrounding stablecoins could put traditional banks at a greater disadvantage than crypto companies. He pointed out that many banks have invested heavily in building digital asset infrastructure, but boards and compliance departments are hesitant to approve full deployment until regulations clarify whether stablecoins will be considered deposits, securities, or independent payment instruments. Several large banks have already begun related initiatives, such as JPMorgan Chase's Onyx blockchain payment network, BNY Mellon's digital asset custody service, and Citigroup's testing of tokenized deposits. However, Butler noted that regulatory ambiguity limits the scalability of these investments, while crypto companies, having long operated in a gray area of ​​regulation, are more adaptable.

Project News

The Libra token scam involves a $5 million payment agreement, and Argentine President Milley is alleged to be involved.

Forensic investigators extracted a previously unpublished document from the phone of intermediary Mauricio Novelli detailing a payment agreement related to the Libra token scam, totaling $5 million and primarily targeting Argentine President Milley. The document shows the agreement consisted of three payments: an initial $1.5 million (in tokens or cash) as an upfront payment; a second $1.5 million conditional on Milley announcing Hayden Davis as his advisor on social media; and the final $2 million to be paid after Milley and his sister Karina Milei signed a government consulting contract regarding blockchain or AI in person.

Sky Protocol's proposal suggests allocating approximately 70 million USDS in seed funding to expand the Sky Agent Network.

Sky Protocol (formerly MakerDAO) announced that it has passed a proposal to allocate approximately 70 million USDS to multiple Sky Agents as initial capital. This initial capital is used by governance during the early expansion phase of the network to launch new agents, aiming to promote capital allocation diversification and drive yield generation. The funds remain within the protocol, managed by a segregated account controlled by governance, and have a phased exit mechanism. As agents mature and issue their own liquidity tokens, reliance on this capital will gradually decrease. This initial capital (Genesis Capital) is used to support further expansion of the Sky Agent Network during its launch phase. These independent capital allocators will participate in capital deployment and provide a source of yield for the Sky Savings Rate.

Aave releases a recap of the Swap incident: it wasn't a slippage issue; they plan to launch the "Aave Shield" protection mechanism.

Aave released a recap report on the March 12th Swap incident on its X platform, stating that a user attempted to exchange approximately 50.43 million aEthUSDT (worth approximately $50.43 million USD) for aEthAAVE via its integrated CoW Swap routing. However, due to the transaction size far exceeding market liquidity, the user ultimately only received approximately 327 aEthAAVE, worth about $36,000. The on-chain execution process shows that the transaction funds were first exchanged for WETH in Uniswap V3's USDT/WETH pool, and then AAVE was purchased through SushiSwap's AAVE/WETH pool, ultimately generating approximately 331 AAVE which was deposited into Aave V3 for minting aEthAAVE.

Character * Voice

Wintermute CEO: The Ethereum Foundation is key to preserving the cyberpunk dream and will continue to hold ETH.

Wintermute CEO Evgeny Gaevoy stated in an article on the X platform that more people in the market are skeptical or hesitant about the Ethereum Foundation's (EF) actions than celebrating them. However, he believes this is a characteristic of the times—most people don't have the time to delve into official manifestos or mission documents. He points out that EF is currently the only participant with the resources and network effects to not only maintain the cyberpunk ideals but also potentially achieve them. In the short term, this may not directly drive up the price of Ethereum, but in the long term, if EF successfully achieves its self-defined goals, rather than being adopted by traditional finance, it could have a positive impact.

10x Research: Buy signals emerge in Altcoin; bullish on crypto assets in the AI ​​sector.

10x Research published an article on its X platform stating that its quantitative model showed the strongest Altcoin buy signal since October 2025, with Bittensor (TAO) performing particularly well. The price has now risen above both the 7-day and 30-day moving averages, with a gain of approximately 38.6% in just one week. Analysts believe this surge is partly driven by news of Nvidia's plans to launch the open-source autonomous AI agent platform NemoClaw, while the completion of a $5 million funding round by AI computing network ecosystem company General Tensor further boosted market sentiment. Bittensor's recent transition to a Nominated Proof of Stake mechanism is seen as improving network operational efficiency.

GalaxyDigital's research director: If CLARITY does not progress before April, the probability of it being approved in 2026 is extremely low.

Alex Thorn, head of research at Galaxy Digital, stated that if the CLARITY Act, the U.S. cryptocurrency market structure bill, fails to pass committee review by the end of April, its chances of passing in 2026 will be "extremely low." He noted that the bill needs to enter the full Senate review stage in early May; otherwise, the probability of passage will continue to decline as the legislative timeline shrinks.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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