Seoul police uncovered a money laundering case involving an unregistered virtual asset exchange, arresting 19 members with suspected proceeds totaling hundreds of billions of won. The group converted cash obtained from telecommunications fraud into Tether (USDT) and transferred it overseas. Police seized approximately 6 billion won in assets.

BNB Chain's Venus Protocol recently experienced an unusual DeFi attack that lasted nine months, ultimately resulting in approximately $4.7 million in losses. The attacker accumulated THE tokens through Tornado Cash and manipulated collateral asset prices, but ultimately suffered significant losses due to insufficient liquidity, raising concerns about DeFi security mechanisms. This incident exposed risk control deficiencies in Venus, highlighting the gap between audit gaps and actual risks.

Gate News: On March 17, tokenization platform Theo announced the launch of thUSD, a yield-bearing stablecoin backed by gold, and opened a liquidity pool with a maximum capacity of $100 million. The stablecoin is backed by thGOLD, its issued gold token, and generates yield through a cash and carry arbitrage strategy that holds spot gold exposure while shorting gold futures. Previously, Theo raised $15.5 million in funding led by Hack VC and Anthos Capital.

Hyperscale Data, Inc. announced that as of March 15, 2026, its subsidiaries hold approximately 622.44 Bitcoin, valued at approximately $45.3 million. The company's combined cash and Bitcoin totals approximately $85.7 million. Facing a significant divergence between market capitalization and book value, the company is evaluating response strategies and plans to use cash to purchase Bitcoin.

"Rich Dad Poor Dad" author Robert Kiyosaki has issued another warning that global markets could crash, predicting that Bitcoin and hard assets will surge significantly. He forecasts Bitcoin could reach $750,000, emphasizing the importance of holding cash and diversifying investments to navigate market volatility.

HIVE Digital is accelerating business restructuring, reducing bitcoin mining in Sweden and pivoting toward Canadian AI data centers and high-performance computing to address tax pressures and market volatility. The new business model will shift revenue generation from block rewards to computing power service fees to improve cash flow stability, though it also faces intensifying competitive challenges. This transformation reflects industry trend shifts and may reshape the profitability logic of the mining ecosystem.

Bill Gurley points out that the AI wave has caused many people to rapidly accumulate wealth, forming a bubble, and he anticipates a reset is coming. He advises investors to focus on undervalued SaaS stocks, as the current software sector is being impacted by AI, with related company stock prices declining significantly. Meanwhile, he expresses concern about the high cash burn rate of leading AI companies.

Abra Financial Holdings has reached a merger agreement with New Providence Acquisition Corp. III and will go public through a SPAC transaction, with an expected listing on Nasdaq under the ticker symbol "ABRX". The combined company will be valued at $750 million, with an anticipated cash injection of $300 million, focusing on the digital asset wealth management market.

Robert Kiyosaki warns of intensifying financial crisis in 2026 and has taken heavy positions in Bitcoin, gold, silver, and oil, believing that holding hard assets is safer than holding cash. He expects market downturns to be a good opportunity to buy Bitcoin and emphasizes the importance of risk aversion and yield seeking.

Delphi Digital analysis points out that although Tether and Circle's stablecoins are backed by short-term Treasury bills and cash equivalents, they are not completely safe and still face bank run risks. The USDC depegging event in early 2023 demonstrated that stablecoin risks have shifted to issuers, highlighting the dangers posed by their centralization.