A user fell victim to a phishing attack after signing a malicious Permit transaction, resulting in approximately $280,000 worth of USDC and USDT being transferred by the phishing attacker. The victim's address is 0xB20d4Cd049B1A65Bc0475D29060Fe54fa0981607, with multiple phishing addresses involved in this incident.
Dark Side of the Moon released a technical report proposing the use of attention mechanisms to replace residual connections in Transformers, improving computational efficiency. Elon Musk praised this work, and young co-author Chen Guangyu responded to external doubts, emphasizing teamwork. Chen Guangyu is a 17-year-old high school student who previously won at a hackathon.
Gate News report, on March 17, benefiting from the recent continued rebound in the crypto market, Polymarket prediction market data shows that the probability of Bitcoin reaching $80,000 in March has risen to 44%. At the same time, the probability of Bitcoin falling to $60,000 in March has dropped to 12%.
Ethereum (ETH) price breaks through $2,300, gaining over 10%, reaching a six-week high with notable institutional buying. US spot Ethereum ETF inflows hit record highs, with active corporate purchases and BitMine acquiring nearly 61,000 ETH. Analysts predict ETH has potential for further gains. The overall market recovery is primarily driven by institutional and corporate fund flows.
On March 17, Abraxas Capital increased its position by 25,100 WTI crude oil short contracts on-chain, bringing total position size to $14.9625 million with an average price adjusted to $93.39. The position currently has a floating loss of approximately $514,300, with a liquidation price of $144.39. This address was previously the largest whale account on Hyperliquid and currently holds 34,000 BTC.
European multi-asset investment platform Mintos has partnered with Upvest to launch regulated cryptocurrency exchange-traded products (ETPs) issued by BlackRock iShares and VanEck, aimed at simplifying investor operations and lowering compliance barriers.
March 17, PolyBeats detected that a new address on Polymarket invested $22,800 betting on "Backpack's FDV exceeding $300 million on its first day of launch," with the current probability at 71%. Backpack originated from a self-custodial wallet and has expanded into an Exchange providing trading services. The TGE is scheduled for March 23, at which time 25% of the total token supply will be released.
The Korean Financial Supervisory Service and other institutions signed an agreement on March 17 aimed at blocking funds flows related to telephone fraud and virtual asset crimes by analyzing overseas credit card usage data and entry/exit records. The new mechanism will enable information sharing among various institutions and strengthen monitoring and response to abnormal transactions.
March 17, the US Bitcoin ETF achieved net inflows for six consecutive days, with total capital reaching $962.8 million, and Bitcoin price increased over 12%. Analysis suggests that geopolitical tensions and Bitcoin's safe-haven attributes drove institutional demand, with the market maintaining focus on its future trajectory.
As artificial intelligence impacts software revenue, private credit markets face pressure with default rates climbing to 5.8%. Analysts warn that currency expansion may be necessary, with Bitcoin emerging as a hedge tool for investors, its appeal rising amid uncertainty. Markets need to monitor private credit dynamics and the impact of policy adjustments on Bitcoin's price.
Gate News report: On March 17, Israeli media reported that the Israeli military attacked Larijani, secretary of Iran's Supreme National Security Council. The Israeli military is verifying whether he has been killed, and Iran has not yet confirmed the incident.
