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Recently, a first-instance verdict was announced in a case of concealing and hiding criminal proceeds, which was prosecuted by the People's Procuratorate of Yuetang District, Xiangtan City, Hunan Province, China. A new type of money laundering chain, disguised as a Maotai liquor transaction and using virtual currency as a channel, was completely dismantled, involving an amount of over 6.84 million yuan, with all 8 defendants sentenced. The gang had clear divisions of labor and strong concealment.Chen connected with upstream sources through overseas encrypted communication software, received telecom fraud proceeds, and contacted "U merchants" to complete the exchange and circulation of virtual currency; Xie was responsible for providing tools for the crime and keeping track of financial details; Huang used Maotai liquor trading as a cover to disguise the trajectory of the transfer of criminal proceeds with real transaction shells; the remaining members assisted with fund settlement and information transmission. The gang used fake Maotai liquor transactions as the "cleaning" stage, disguising overseas fraud proceeds as legitimate business income, converting them into virtual currency to return to upstream, and taking an illegal commission of 8% for each "cleaning."In December 2023, with a report from a victim, this black and gray industrial chain hidden under the guise of liquor trading surfaced. After the incident, the People's Procuratorate of Yuetang District intervened in the investigation early, guiding the public security organs to sort through nearly 20 million yuan in fund flows and massive electronic data, achieving a full-chain crackdown and comprehensive evidence collection. The court ultimately sentenced Xie and 7 other principal and accomplice offenders to fixed-term imprisonment ranging from 2 to 6 years for the crime of concealing and hiding criminal proceeds; the relatively minor offender Liang was sentenced to 1 year in prison with 1 year of probation.

According to official news, Coinbase's perpetual contract products are officially open for trading to eligible non-U.S. users.The listed assets include stocks from the "Big Seven Tech" companies, including Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta Platforms, and Tesla, as well as perpetual contracts for the SPY and QQQ ETFs (in regions where trading is allowed).The products support continuous trading 24/7, offering up to 10x leverage on individual stocks and up to 20x leverage on ETF perpetual contracts, settled in USDC, and support unified margin management across all perpetual contracts and spot positions.

After Slow Mist founder Yu Xian disclosed that the Coinbase Commerce asset recovery page directly requires users to enter plaintext mnemonic phrases, Slow Mist's Chief Information Security Officer 23pds added that the sitemap of that page also has flaws, allowing malicious attackers to easily use tools like ResourcesSaver to download the frontend code and deploy similar websites.If combined with similar domain names like Coinbase for phishing attacks, users can easily fall victim.

According to the official website of the SEC, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission, announced new cryptocurrency guidelines at the DC Blockchain Summit, and proposed the concept of a regulatory safe harbor for crypto assets, which includes three exemption pathways:Startup Exemption: A maximum of four years, allowing projects to have a regulatory buffer period before reaching maturity, with a fundraising limit of no more than $5 million within four years, requiring the submission of principal disclosure information.Financing Exemption: Allowing up to $75 million in fundraising within 12 months, requiring the submission of disclosure documents to the SEC that include principal disclosures, financial status, and financial statements.Investment Contract Safe Harbor: When the issuer completes or permanently ceases core management efforts under the investment contract, the relevant crypto assets may be exempt from the definition of securities.Atkins stated that this framework draws on Congress's work in recent years, particularly the CLARITY Act, and proposed rules are expected to be released for public comment in the coming weeks.

According to Gate market data, the S&P 500 index futures have recovered from the early morning decline and are now up.

With the recovery of the cryptocurrency market, South Korean investors are also showing a trend of returning from the stock market to the crypto space. According to CoinGecko data, South Korea's largest crypto CEX Upbit has reached a trading volume of $25.43 billion in the past 24 hours, a daily increase of 81.7%.Data shows that the most actively traded cryptocurrency on Upbit remains XRP, with a trading volume share of 18.07%. XRP has recently outperformed ordinary altcoins, with a price increase of 11% in the past week.

According to Jinshi News, Société Générale pointed out that the exchange rate of the US dollar against a basket of currencies has recently declined, but the drop is expected to be limited. After the dollar index reached its highest point in over nine months, the bullish positions on the dollar seem to have become excessive. The foreign exchange market is showing a reversal of the dollar's recovery; however, the rebound of the euro or pound against the dollar may not be lasting. The dollar typically benefits from rising energy prices and investors seeking safe-haven assets.

The China Academy of Information and Communications Technology, in collaboration with Shanghai Jiao Tong University and Nanjing University, discovered a high-risk vulnerability driven by LLM command injection in the bash-tools module of the open-source autonomous intelligent agent framework OpenClaw during a security audit.This vulnerability arises from the system's failure to strictly escape command line parameters generated by LLM, allowing attackers to bypass regex defenses through inducive prompts, achieving remote code execution on the host machine and stealing sensitive data.The research team has completed attack verification in various mainstream model environments, initiated a responsible vulnerability disclosure process, and submitted repair suggestions to the NVDB Artificial Intelligence Product Security Vulnerability Professional Database (CAIVD) and the GitHub community.

White hat hacker f4lc0n posted on the X platform revealing that he discovered a "critical" vulnerability in the Injective protocol that could lead to over $500 million in assets being directly withdrawn from the blockchain. However, the project team only offered him a $50,000 bounty, far below the planned maximum limit of $500,000 for this level of severity.f4lc0n stated that the vulnerability allows any user to empty any account on the blockchain without special permissions. After submitting a report through Immunefi, the Injective team initiated a mainnet upgrade vote the next day to fix the vulnerability, but they were "unreachable" for the following three months.Currently, f4lc0n has disputed the amount of the bounty and stated that the $50,000 bounty has not yet been paid. He announced that he will allocate 10% of future bug bounty earnings to continue publicizing this matter until Injective pays the compensation as per the standard.

GSR content director Frank Chaparro stated on the X platform that Tether has disclosed a total investment of over $1.6 billion in recent months, including: Rumble: $785 million, Elemental Royalty: $250 million, Juventus Football Club: $150 million, Gold dot com: $150 million, Anchorage Digital: $100 million, Gold Royalty: over $90 million, Generative Bionics: $82 million, Speed1: $8 million, Parfin: undisclosed, Adecoagro: undisclosed, Eight Sleep: undisclosed amount; LayerZero: not specifically disclosed.

The token management platform Magna under Kraken has now integrated the RootData API to discover more BD leads in a rich project database, thereby enriching product application scenarios.Magna is a token management platform that allows various crypto projects to more easily airdrop, stream, and distribute tokens to teams, investors, and communities according to a customized unlocking schedule. Magna raised $15 million in funding led by Tiger Global in 2022 and was acquired by Kraken exchange this year.

According to the official announcement, Binance has launched 4 new AI agent Skills, covering derivatives trading (USD margin futures), leveraged trading, Binance Alpha market data access, and asset management, further expanding the existing AI agent skills from the initial 8.The 4 new AI agent Skills include: Binance Alpha: Access to Binance Alpha market data------including token listings, exchange information, candlestick charts, aggregated trading data, and 24-hour price statistics. This Skill allows agents to query the real-time prices and trading activities of Alpha tokens using the official API. All interfaces are public and do not require any API keys.Derivatives Trading (USD Margin Futures): Access to USD margin futures trading functionality------from market data (order book, funding rates, mark prices, open contracts) to authenticated trading (placing/canceling/modifying orders, managing leverage, position modes, algorithmic orders). Supports both mainnet and testnet, and includes a built-in security confirmation mechanism for mainnet trading. Covers over 70 interfaces, including account management, conversion, and user data flow.Margin Trading: Switch between cross margin trading and isolated margin trading on Binance------borrowing/repayment, placing margin orders (including OCO, OTO, OTOCO), managing isolated margin accounts, querying interest rates and collateral ratios. Includes account management features such as leverage adjustment (3x/5x/10x), forced liquidation records, small debt conversion, and low-latency trading API key management.Asset Management: Access to core asset operations------deposit, withdrawal, asset management, and account information. Query spot account and fund account balances, view deposit/withdrawal history, manage BNB burn settings, coin conversion, and trading fees. Also supports compliance interfaces for local entities that require KYC/questionnaire surveys during deposits and withdrawals.

According to the official announcement, Bitget has launched contracts for three popular oil stocks: ConocoPhillips (COPUSDT), ExxonMobil (XOMUSDT), and Occidental Petroleum (OXYUSDT), supporting 24-hour trading and up to 50x leverage.

According to The Block, Ledger's security research team Donjon has discovered a vulnerability in the secure boot chain of MediaTek processors, allowing attackers to extract encryption keys via USB connection before the operating system loads, provided they have physical access to the phone. This could enable them to decrypt device storage and obtain the device PIN code and encrypted wallet mnemonic within approximately 45 seconds.In proof-of-concept tests, the vulnerability successfully extracted sensitive data from wallet applications such as Trust Wallet, Kraken Wallet, and Phantom. Researchers indicate that this vulnerability may affect about 25% of Android phones, involving models that use MediaTek chips and Trustonic's Trusted Execution Environment. Ledger's Chief Technology Officer Charles Guillemet stated that smartphones were never designed to be vaults. Although the vulnerability can be patched, it highlights the inherent risks of storing keys on non-secure devices, and users are advised to update security patches as soon as possible.According to data from TRM Labs, over 80% of the $2.1 billion in stolen crypto assets in the first half of 2025 stemmed from infrastructure attacks such as private key theft, mnemonic theft, and front-end hijacking. Chainalysis data shows that losses from crypto asset theft exceeded $3.41 billion in 2024, with the proportion of stolen personal wallets rising from 7.3% in 2022 to 44% in 2024.

According to the U.S. Attorney's Office for the District of Massachusetts, the office has filed a civil forfeiture lawsuit seeking to recover approximately 3.444 million USDT (worth about 3.444 million USD), which are suspected to be proceeds from an online investment fraud and money laundering scheme.The case involves at least four victims, including two residents of Massachusetts, one resident of Utah, and one resident of South Carolina. The scammers established contact with the victims through seemingly misdirected messages sent via SMS or encrypted communication apps like WhatsApp and Telegram, and then lured the victims into investing in a so-called Ethereum investment opportunity backed by physical gold. Victims were instructed to purchase ETH and transfer it to an intermediary wallet controlled by the scammers, who then converted the ETH into USDT and transferred it to an unmanaged wallet to steal the funds.

Cosmos Labs posted on the X platform, stating that a vulnerability has recently been discovered, affecting certain blockchains built on the Cosmos EVM Stack. This vulnerability has impacted the Layer 1 blockchain Saga in the production environment.Cosmos Labs stated that its team has been investigating the issue in collaboration with Saga and ecosystem partners, and has coordinated the implementation of mitigation measures. A security patch has now been released to the affected blockchains.

Coinbase announced that its Coinbase Prime has launched a regulatory futures and unified cross-margining feature covering the crypto spot and derivatives markets. This will provide around-the-clock access to over 20 futures contracts through Coinbase Financial Markets, while integrating Coinbase's existing perpetual contract products. This feature allows institutions to share margin within a single account, thereby enhancing capital efficiency for hedging strategies, simplifying portfolio management, and supporting unified risk assessment for spot and futures positions, which will enable trading, custody, financing, and risk management to operate within the same environment.

Digital Asset Trading Platform Gate Officially Launches Gate for AIGate has officially released Gate for AI, introducing the industry's first unified entry point for AI that integrates five major capabilities—CEX, DEX, wallets, real-time information, and on-chain data—under the same interface system. Through this system, AI can not only query market conditions but also complete the entire process of market analysis, risk assessment, strategy generation, and trade execution on the same platform.Unlike most solutions in the industry that only open a single trading interface or partial data capabilities, Gate for AI integrates trading, on-chain, and information data capabilities for the first time under the same architecture, allowing AI to complete the full process from information acquisition to trade execution within one system. The platform adopts a "MCP + Skills" dual-layer capability structure, further enhancing the efficiency of AI invocation and application through standardized interfaces and strategy modules.The launch of Gate for AI marks a significant step towards opening the core capabilities of the trading platform to the AI ecosystem in the form of standardized interfaces, providing new infrastructure for AI agents to directly participate in the digital asset market.

Bitfinex reports that Bitcoin has experienced a consecutive five-month decline since 2025, marking the first occurrence of a "five consecutive down" structure since 2018, with a monthly drop of 14.93% in February and a maximum cumulative drawdown of approximately 52.34%. However, early signs of market recovery have emerged in March.Data shows that since March 1, approximately $3.2 billion in BTC has been systematically purchased at market price across exchanges, successfully reclaiming the $65,000 level; the Coinbase premium index has ended its continuous 40-day negative value and turned positive, indicating a return of U.S. spot buying. The derivatives structure also remains relatively healthy: open interest has risen to $53.1 billion, a 15.4% increase from Sunday’s close, but the perpetual funding rate is only about 9.5% APR, showing no signs of overheating. Open interest and spot have expanded in sync, reflecting that this round of increase is more driven by spot absorption.Regarding ETFs, the U.S. spot Bitcoin ETF recorded approximately $1.1 billion in net inflows last week, with a total of over $450 million on Monday and Tuesday, indicating that institutional demand remains a core support. Analysts believe that if key support holds, Bitcoin may recover to the $80,000-$85,000 range in the next 1-3 months; in the short term, attention should be paid to the $72,000-$74,000 area of concentrated short liquidations and the potential dynamic support at $66,000. The overall judgment remains cautiously bullish.

GMX DAO recently approved a strategic plan to address the limited effects of ongoing buybacks and the pressure on prices caused by excess supply from CEX.According to the new plan, starting this week, staking rewards will be directed to the protocol treasury, and the protocol's liquidity will be concentrated in GMX's own infrastructure. This move is reportedly aimed at optimizing the price discovery mechanism, reducing the impact of excess supply from exchanges on the market, and strengthening the intrinsic value support of the protocol.