BlockBeats News: On March 25, Resolv released the latest updates on the hacking incident. Over the past two days, pre-liquidation USR wallets have redeemed over $77 million in funds, accounting for more than 90% of the group's total, marking significant progress in the first phase of recovery work. Next Steps: • The redemption process for this group is actively being completed; • Subsequent phase work has been launched and will cover the remaining other user groups.

BlockBeats News: On March 25, this Friday, the cryptocurrency options market will see quarterly settlement, which coincides with the largest open interest expiration date in the current market. BTC options value approximately $14.16 billion, with a max pain of $75,000. ETH options value approximately $2.2 billion, with a max pain of $2,350.

Gate News report: On March 25, Resolv Labs announced that over $77 million has been used in the past 2 days to redeem whitelisted wallets that held USR before the attack, accounting for over 90% of that group, marking significant progress in the first phase of recovery efforts. The redemption process for this group is currently being actively completed, and subsequent phase work will also be launched to cover the remaining user groups.

Gate News Alert: On March 25th, according to Hyperinsight monitoring, a whale address starting with 0x10e opened a TAO long position with 5x leverage today, with an average entry price of $315 and a position size of $2.36 million. Current unrealized profit stands at $230,000 (49%), with a liquidation price of $143. Additionally, the address placed 93 consecutive sell orders in the afternoon, totaling approximately $2.46 million, planning to continuously take profits once the price rises above $351.77, with a target range extending to $375.

South Korea's People Power Party has proposed canceling the 22% cryptocurrency capital gains tax set to take effect in 2027, arguing that the current tax system is immature and may create unfairness, particularly affecting young investors. The party is concerned that strict taxation could lead to capital outflows, with 110 billion dollars already having fled, impacting market activity. The bill is still under review, and its passage remains uncertain. If approved, it could boost market confidence and attract more investors.

TetherとCircleは、イランの取引所Wallexのイーサリアムホットウォレットをブラックリストに登録し、約11万7000ドル相当のUSDTとUSDCを凍結しました。Wallexは凍結の数時間前に249万ドルの資産を別のBSCアドレスに移動しており、ステーブルコイン発行者のコンプライアンス執行が協調して行われている可能性を示しています。この事件は、イラン関連の暗号資産プラットフォームに対する規制がますます厳しくなっていることを反映しています。

March 25: Hyperinsight data shows that a whale on Hyperliquid opened a 25x leveraged short position of 500 BTC at an average price of $70,274, with a liquidation price of $72,685. Additionally, the whale has preset 18 buy orders in the $71,240 to $72,420 range to reduce positions and stop losses, and has placed approximately 200 buy orders below $69,500 to take profits in batches, with a target range of $63,500.

3月23日、SWE-rebench ベンチマークテストが最新ランキングを発表し、Claude Opus 4.6 が第1位となりました。今回の更新ではサンプルデモンストレーションとステップ数の制限が廃止され、補助的な評価タスクが追加されました。GLM-5 はオープンソースモデルの中で第3位にランクインし、中国のモデルが合わせて4席を占めています。

> Original Title: The Bear Case for Bittensor (TAO) > Original Source: Pine Analytics > Original Translation: Saoirse, Foresight News TAO is currently priced at approximately $275, with a market cap of $2.6 billion and a fully diluted valuation of $5.8 billion. The project has received institutional endorsement from Grayscale (an NYSE ETF listing application was submitted in December 2025) and public recognition from NVIDIA CEO Jensen Huang. Meanwhile, the token supply narrative is highly attractive: a hard cap of 21 million tokens with a Bitcoin-style halving mechanism. After the first halving in December 2025, daily issuance decreased from 7,200 tokens to 3,600 tokens. The number of subnets increased from 32 to 128 within a year.