The US stock market closed with the Nasdaq up 0.31%
At the close of the US stock market, the Dow Jones Industrial Average rose 0.85%, the Nasdaq rose 0.31%, and the S&P 500 index rose 0.64%.
According to Bitcoin.com, Wazirx, an Indian cryptocurrency exchange, is preparing to restart operations after a major security breach that resulted in the platform being compromised and causing significant financial losses. After the hacker attack, the exchange implemented stricter compliance measures and comprehensively renovated its security infrastructure to prevent such incidents from happening again in the future. On March 17th, Wazirx announced the appointment of Zodia Custody as its official trustee, which is managed by Standard Chartered Bank, Northern Trust SBI Holdings、 Supported by financial institutions such as the National Australia Bank (NAB) and the UAE NBD. This partnership aims to enhance asset security and regulatory compliance, paving the way for Wazirx's restart.
BlockBeats News: On March 18th, MATR1X FIRE, a shooting game under the Web3 entertainment platform MATR1X, released a preview of the S3 season "Thunder's Awakening" and will launch a deep layout in the CIS region, especially in the Russian market. The official tweet revealed that the S3 season is themed around mythological rebirth, incorporating elements such as Zeus' Thunder Trial, Poseidon's tsunami strike, and the ruins of Atlantis, bringing a brand new battlefield experience. It is worth noting that MATR1X FIRE will focus on expanding its CIS region in the S3 season, especially increasing investment in the Russian market, launching more localized content and gameplay, and further expanding its global influence.
Odaily Planet Daily reported that Solana has removed its "America Returns - Acceleration Moment" advertisement due to strong reactions from the crypto community. After the advertisement was released, it sparked a lot of criticism, with many people believing that the advertisement had an "offensive" and "divisive" nature, especially when a young person in the video mentioned, "I want to invent technology, not gender The advertising content has been criticized as contradicting the inclusive values of the cryptocurrency industry. Several industry insiders have stated that the controversial practice of advertising may be aimed at attracting attention, but this strategy may alienate the global cryptocurrency community. Anatoly Yakovenko, co-founder of Solana, also stated that previous advertisements had better results. At present, Solana has not made a formal response to this incident. (Decrypt)
According to on chain analyst @ ai_9684xtpa monitoring, PancakeSwap's 2021 OG Whale is suspected to have cleared 1.475 million CAKE worth 3.79 million US dollars 15 hours ago. This is the first time that the smart money has recharged CAKE to the exchange, or the coin price may rise due to the BSC craze. In addition, he once made a profit of $19.69 million by buying low and selling high WBTC, with a cost as low as $26395.
According to BlockBeats, on March 18th, David Duong, head of research at Coinbase Institutional, stated that the market almost universally expects the Federal Reserve to keep interest rates unchanged at this week's Federal Open Market Committee meeting, but investors should pay attention to any potential changes in the Fed's balance sheet reduction (i.e. quantitative tightening, QT) plan. In his report on Monday, he wrote, "We believe that the Federal Reserve may pause or end its quantitative tightening program, as bank reserve levels have approached 10-11% of US GDP, which is typically considered sufficient to maintain financial stability He stated that the recent cryptocurrency sell-off is mainly due to macroeconomic concerns and deteriorating liquidity conditions, but these factors may improve in the next quarter, providing support for asset prices. Cryptocurrency prices may bottom out in the coming weeks and then rebound to new highs later this year, "he concluded. (CoinDesk)