Gate News reports that on March 29, the police in Chenzhou, Hunan province, uncovered a new type of investment fraud case involving virtual currency called "two golds for cash." They intercepted 7 packages of gold related to the fraud and seized 310 grams of gold. The police investigation revealed that the criminals lured victims under the guise of investment and financial management, encouraging them to purchase gold offline and send it to designated addresses. The illicit funds were then repeatedly circulated through virtual currency exchanges and overseas account transfers. The involved gold is currently being gradually returned to the victims, and the case is still under further investigation.

Gate News reports, on March 27, according to CoinAnk data, the total liquidation across the network in the past 24 hours was $214 million, with long positions liquidated at approximately $178 million and short positions liquidated at about $36.52 million. By cryptocurrency type, Bitcoin liquidations were approximately $81.21 million, Ethereum liquidations were about $38.67 million, and SOL liquidations were around $10.53 million.

Alchemy Pay announces that its Hong Kong strategic investor HTF Securities has received approval from the Hong Kong Securities and Futures Commission to upgrade to virtual asset trading services, covering both professional and retail investors. Meanwhile, Alchemy Chain stablecoin payment public chain launched its testnet in March, with over 150,000 test addresses.

On a quiet Sunday morning, someone turned $100,000 into $25 million in approximately 17 minutes. The target was the yield-bearing stablecoin protocol Resolv. Before Resolv paused its contracts, its dollar-pegged stablecoin USR had fallen to just a few cents. As of this writing, USR remains severely depegged, trading at around $0.25 and experiencing a decline of over 70% this week. The shockwaves extended far beyond Resolv.

Gate News, on March 22nd, Coinglass data shows that in the past 1 hour, the entire network has liquidated $248 million, of which long positions liquidated $232 million and short positions liquidated $16.36 million. By coin type, BTC liquidations reached $109 million and ETH liquidations reached $83.73 million.

Gate News: On March 22nd, according to Coinglass data, the entire network experienced @1.83@ hundred million USD in contract liquidations over the past hour, with long positions liquidated at @1.74@ hundred million USD and short positions liquidated at @8.88@ million USD. By cryptocurrency type, Bitcoin contract trading liquidations reached @83.28@ million USD, and Ethereum contract trading liquidations reached @60.34@ million USD.

Gate News, on March 22, Coinglass data shows that the total liquidation amount across the network in the past 1 hour reached $116 million, of which long positions liquidated $109 million and short positions liquidated $6.69 million. By coin type, BTC liquidations reached $44.75 million and ETH liquidations reached $42.02 million.

Gate News reports that on March 21, according to CoinAnk data, the entire network liquidated $109 million in the past 24 hours, of which long positions liquidated approximately $77.55 million and short positions liquidated approximately $31.51 million. By coin type, Bitcoin liquidations were approximately $42.84 million and Ethereum liquidations were approximately $13.68 million.

The head of the Plasma engineering team stated that Plasma One has entered the private testing phase, aimed at enhancing the usability and user experience of crypto products and building services similar to a new type of digital bank. The team plans to accelerate iteration and open up early access.

Gate News reported that on March 16, the total liquidation volume in the cryptocurrency market over the past 24 hours reached $467 million. Among these, long position liquidations totaled $112 million, short position liquidations reached $356 million, with short position liquidations accounting for over 76%. By coin type, ETH liquidations reached $178 million, and BTC liquidations totaled $162 million. Over the past 24 hours, a total of 104,979 traders were liquidated, with the largest single liquidation occurring on a CEX's tBTCF0:USTF0 trading pair, valued at $6.9442 million.