According to Onchain Lens monitoring, the WLFI team deposited 20 million WLFI tokens, worth $2.1 million, into Gate and OKX in the past 19 hours.

Odaily Planet Daily reports that Cysic posted on the X platform that the @cysic_fdn account has been compromised due to unauthorized delegation. The team is revoking access permissions and restoring account security, and users are advised to ignore any suspicious content posted by this account during this period.

Huoxun Finance News, March 17th - According to CoinDesk, Markus Thielen, founder of 10xResearch, stated that the recent Bitcoin rally was primarily driven by a large number of put option sell orders with strike prices around $55,000 and $60,000. As these options neared expiration and became increasingly unlikely to be exercised, traders closed out these positions, forcing market makers to buy Bitcoin to rebalance their exposure, creating buying pressure that supported the price increase. Thielen pointed out that there has been no significant buying of call options yet, indicating that the rise is mainly driven by hedging rather than active bullish sentiment. Bitcoin briefly broke through $76,000 this morning, marking its first effective breakout of the long-term resistance zone of $73,750-$74,400 since 2024, driving the overall crypto market higher.

Huoxun Finance News, March 17th - According to official news, Neutron, a Cosmos ecosystem project, announced its transition to a long-term maintenance mode. Due to unfavorable market conditions over the past few months rendering its original strategy ineffective, and after failing to find alternative paths such as new product development, blockchain mergers and acquisitions, and a new leadership, Neutron has decided to prioritize the interests of users and builders, and will move the network into a long-term maintenance state. DEX and Supervault will be suspended and enter a withdrawal-only mode no later than April 17th. dNTRN holders can redeem their NTRN through the Drop website or the Neutron application starting March 23rd. wstETH holders must bridge back to Ethereum by June 30th. The redemption mechanism for NTRN holders will be announced separately. HadronLabs will be responsible for network maintenance until June 30th, 2026, after which a manual withdrawal guide will be released. Governance will transition from a custom system to the standard Cosmos staking model, inflation will be dynamically adjusted, and the validator set will be reduced. Key timelines are as follows: March 16: Supervault deposits were disabled, and the BTCFi event ended; March 23: dNTRN redemptions opened (via the Drop website or Neutron app); March 27: Deadline for maintenance rights inquiry; April: Proposed NTRN redemption mechanism (details pending), DEXs and Supervaults were completely suspended and entered withdrawal-only mode; April 30: Fireblocks' support for Neutron ended; Early May: Network upgrade, introducing a new governance, staking, and token economics model; June 30: HadronLabs maintenance ended, the withdrawal portal was no longer supported, and a manual withdrawal guide was released; July to September: DAO delegations were gradually withdrawn and destroyed.

According to Odaily Planet Daily, the Korean National Police Agency recently finalized a draft directive on compliance matters at each stage of cryptocurrency confiscation, including for the first time a software wallet (hot wallet) management scheme for confiscated dark coins. Dark coins, due to their strong anonymity, are difficult to store in hardware wallets, and most mainstream exchanges do not support trading them. Previously, frontline law enforcement agencies could only store dark coins in software wallets without relevant regulations. The estimated value of crypto assets confiscated by the Korean police in the past five years is approximately 54.5 billion won, including about 50.7 billion won of Bitcoin and about 1.8 billion won of Ethereum. The National Police Agency plans to complete the selection of a private custodian institution by the first half of the year. Three previous tenders failed, mainly because most qualified domestic custodian institutions were small to medium-sized, and the police budget was only 83 million won. Experts recommend establishing a government-led "public custody" system to entrust confiscated crypto assets to professional trustees for unified management to prevent security incidents.