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Morpho CEO Paul Frambot posted on X, stating that over the past week, he communicated with several large institutions to understand their views on the current DeFi situation. The core conclusions are as follows.First, institutional interest will not disappear. The reason is simple: distribution channels will not vanish ------ massive assets under management (AUM), payment, and lending operations are moving on-chain. Almost all fintech companies aim for full on-chain integration. For institutions, this is not a question of "whether" but "a must."Second, they have lost trust in the pool/hub model. Institutions and distributors want to control everything, including control over the code, control over risks, and control over compliance. At the same time, they also want flexibility, meaning the ability to isolate their own business and connect to a global liquidity network that is compatible with them.

The South African Treasury has released the "Draft Regulations on Capital Flow Management for 2026" and is seeking public comments. The draft aims to restructure the current foreign exchange control framework based on the "Currency and Exchange Act," focusing on: aligning with the OECD and FATF recommendations on anti-money laundering, counter-terrorism financing, and curbing illegal capital flows; including crypto-assets in the foreign exchange control scope for enhanced risk management and regulation for the first time; further clarifying exemptions, licenses, and applicable conditions; and introducing an administrative penalty mechanism for violations of the regulations. Comments must be submitted via email to the address designated by the National Treasury within 30 days of the announcement.

The State Duma of Russia (the lower house of parliament) has passed the "Digital Currency and Digital Rights Bill" in the first reading, marking a key step towards the legalization of cryptocurrency assets in the country.According to the bill, the Bank of Russia will become the core regulatory body for the cryptocurrency market, responsible for issuing licenses, approving or prohibiting related transactions, and defining the legality of transactions. The bill proposes to classify cryptocurrencies as "property," but explicitly prohibits their use as a means of payment domestically, with the ruble remaining the only legal tender. However, in the context of Western sanctions, cryptocurrency assets can be used for cross-border trade settlements, including service payments, intellectual property transfers, and other scenarios.In addition, the bill allows Russian residents to legally invest in cryptocurrency assets through licensed institutions, but will implement a tiered investor system, setting testing and annual investment limits for ordinary investors (with a suggested cap of 300,000 rubles). Initially, only high-market-cap mainstream assets like Bitcoin and Ethereum will be allowed for trading, with a whitelist established by the central bank. The bill is expected to be formally passed and come into effect by July 2026 at the latest. However, some lawmakers and banking industry figures have criticized the overly strict regulations, which may affect market activity and even lead to funds remaining in the gray market. At the same time, accompanying legislation is also proposed to introduce criminal penalties, with a maximum sentence of 7 years in prison for illegal cryptocurrency trading.

U.S. President Trump stated: (Regarding negotiations with Iran) I believe we will ultimately reach a great agreement. Iran has no choice but to send people to the negotiations. We are in a very favorable position in our negotiations with Iran. (Talking about Iran) This is regime change. Our negotiations with them have been very successful. The U.S. completely controls the Strait of Hormuz. The blockade has been a tremendous success. (Regarding a ceasefire with Iran) We don't have that much time. We don't want to extend the ceasefire again. Iran can improve its situation by reaching an agreement. Iran has just been allowed to go to Pakistan for talks. Iran can make itself a legitimate country. Iran seems to be "bloodthirsty." Iran must be rational and use common sense. Strikes on infrastructure could cause military damage to Iran. Iran is trying to move its missiles. We have much more equipment now than we did a few weeks ago. Our posture is ready to bomb Iran, and we are prepared.

According to CoinDesk, Liz Truss, the former Prime Minister of the UK with the shortest term, stated in an interview that the UK economy is on a "very negative trajectory," with high taxes, excessive regulation, and energy costs making it so that the risks for entrepreneurs "often do not justify the returns." She attributed inflation and wealth inequality to "currency devaluation" and pointed out that discussions about monetary policy within the government have become "taboo," a phenomenon that is "quite disturbing."Truss expressed that she is "very interested" in Bitcoin, believing it to be an important tool against currency devaluation and to resist centralized financial control, and revealed that she had come into contact with Bitcoin as early as during her time as Chief Secretary to the Treasury.She is currently actively preparing for CPAC UK, planning to hold a three-day conference to unite entrepreneurs and activists to promote the "sovereignty and freedom" movement, stating bluntly: "There are only two choices, either sink or change completely."

CoW Swap tweeted that it has regained control of the cow.fi domain and has been operating normally on cow.finance for some time, and is currently gradually transitioning back to the original domain.The official statement indicated that the attacker deceived the DNS registrar with forged documents on April 14 to gain control of the cow.fi domain; the attacker deployed a highly realistic phishing website, implementing it in two phases: first, inducing users to sign malicious transactions through a wallet stealer, and then stealing mnemonic phrases and passwords through fake wallet pop-ups; this attack targeted the domain registrar and did not involve a breach of CoW Swap's own infrastructure or private keys. Affected users should use tools like Revoke.cash to revoke all authorizations and consider transferring funds to a new wallet.

According to on-chain analyst Yu Jin's monitoring, the suspected Binance Life controller has once again extracted 30 million $ Binance Life from Binance through 3 wallets to the on-chain in the past half hour, worth approximately 11.4 million USD.In the past 3 days, influenced by the continuous large accumulation from this address set, the price of $ Binance Life has increased by a total of 112% ($ 0.17 → $ 0.36). Currently, the suspected controlling address set holds a total of 227 million $ Binance Life on-chain, accounting for 22.7% of the total supply, worth approximately 81.55 million USD.

Liquid Capital (formerly LD Capital) founder Yi Lihua tweeted that there is no 100% correct investment and trading; otherwise, one would quickly become the richest person in the world. Over the past year, starting from calling the bottom of ETH at $1450, holding on through the black swan to over $2000, then escaping the top at $4500 before 1011, failing to buy the bottom at $3000, and now insisting on buying the bottom below $2000, even if one is right 4 times, being wrong once can lead to problems. The core of trading is not about being right every time, but rather being prepared for risk control and having strategies to respond to various possible situations.

According to on-chain analyst Yu Jin's monitoring, a suspected Binance Life controller withdrew 50.5 million Binance Life from Binance through 6 wallets 10 minutes ago, worth approximately 16.08 million dollars on-chain.Currently, the controlled address set has accumulated 197 million Binance Life on-chain, accounting for about 19.7% of the total supply, with a total value of 62.58 million dollars.

According to crypto analyst Yu Jin @EmberCN, approximately 87.85 million Binance Life (worth about 14.93 million USD) was previously transferred out of Binance through 9 wallets by suspected related addresses, after which the price of Binance Life rose by about 59%.Currently, the suspected related addresses collectively hold approximately 146.7 million Binance Life on-chain, accounting for about 14.67% of the total supply, corresponding to a value of about 39.8 million USD.

According to on-chain analyst Yu Jin's monitoring, suspected controllers of BNB Life have withdrawn 57.88 million BNB Life (approximately $9.37 million) from Binance through 6 wallets.Recently, the price of BNB Life has risen from $0.037 to $0.22 within half a month, an increase of 6 times. In addition, the same entity had previously withdrawn 59 million BNB Life from Binance through 2 wallets. Currently, this controlling party holds approximately 116.9 million BNB Life on-chain, accounting for 11.7% of the total supply, with a total value of approximately $21.71 million.

According to CCTV news reports, the Iranian Islamic Revolutionary Guard Corps Navy released drone surveillance footage, emphasizing that all ship activities in the Strait of Hormuz are under the strict monitoring and complete control of its armed forces.The Iranian Revolutionary Guard Corps Navy issued a warning stating, "Any erroneous action will plunge the enemy into a deadly vortex in the strait."

According to on-chain analyst Yu Jin's monitoring, whales/institutions controlling 59% of the circulating supply have transferred the last 278 million NOM (1.24 million USD) held on-chain to Binance.As of now, they have transferred everything to Binance in the last day and a half. Since they started transferring NOM to Binance, the price of NOM has dropped from 0.007 USD to 0.004 USD, a decrease of 45%.

According to on-chain analyst Yu Jin's monitoring, in the past half hour, whales or institutions controlling 59% of the circulating supply of NOM have continued to transfer 768 million NOM to Binance, worth 3.73 million USD. From last night until now, this entity has transferred a total of 1.442 billion NOM to Binance, worth 7.67 million USD. The price of NOM has dropped 39% in the last 24 hours.

The decentralized cloud infrastructure provider Aethir tweeted that it has detected and successfully isolated a malicious attack targeting the ATH cross-chain contract (connecting Ethereum with other chains). Currently, all attacked contracts have been disconnected, and the vulnerability has been controlled; the total supply of ATH on the Ethereum mainnet has not been affected; the ETH-ARB cross-chain bridge on Squid has not been impacted; the actual amount affected for users is controlled within $90,000; the team will announce a complete compensation plan next week.Aethir is currently working with multiple law enforcement agencies and exchanges (Binance, Upbit, Bithumb, HTX, etc.) to freeze funds and track the attackers. Additionally, the team has published the addresses of the affected contracts, reminding users not to interact with them temporarily.

The Financial Services Commission (FSC) of South Korea announced on Monday that, in response to the internal control vulnerabilities exposed by the recent Bithumb payment incident, it has required all domestic cryptocurrency exchanges to conduct reconciliations of their ledgers and actual assets every five minutes.Emergency inspections revealed that three of the five major exchanges in the country only reconcile once a day, making it difficult to timely identify and address discrepancies; some systems are unable to automatically suspend trading when significant mismatches occur, raising regulatory concerns. According to the new regulations:Exchanges must establish an automated ledger-wallet reconciliation system with a cycle of five minutes.Standards for triggering automatic trading suspension due to significant discrepancies must be set.High-risk processes (such as promotional payments) must undergo enhanced scrutiny, including third-party reviews and multi-level approvals.High-risk accounts must be managed independently, and payments must use automated verification tools.The frequency of external audits will change from quarterly to monthly, with the disclosure scope expanded to include detailed asset balances by wallet and ledger. The FSC stated that it will complete the relevant rule revisions by April 2026. Previously, Bithumb announced that its IPO plan would be postponed until after 2028 to strengthen internal controls and accounting policies by 2027; at the same time, the equity swap between Naver Financial and Dunamu will also be completed by the end of September.

According to The Block, the DeFi lending protocol Moonwell is facing a governance attack on its deployment on Moonriver. An unknown attacker spent approximately $1,800 to purchase about 40 million MFAM tokens, completing the purchase, initiating a proposal, and voting for approval within about 11 minutes. The attacker attempted to transfer the administrator rights of core contracts such as seven lending markets, controllers, and oracles to their controlling contract, which would allow them to withdraw approximately $1.08 million in user funds.Currently, the voting on the proposal will continue until March 27. It has already reached the quorum early on, but the opposing votes are currently in the majority. However, the final result still depends on the remaining votes and collaboration. Moonwell can also veto the proposal and regain control through the emergency multi-signature "Break Glass Guardian."