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Venus Protocol $THE Market Attacked, Generating Approximately $2.15 Million in Bad Debt

Venus Protocol's $THE market suffered an attack, resulting in approximately $2.15 million in bad debt. The attacker bypassed supply caps by borrowing to purchase $THE, causing exchange rate inflation. Following the incident, Justin Sun and other holders made substantial XVS deposits.

Bitcoin Breaks Below $71,000, Peter Brandt Warns of Two-Way Movement Risk

On March 19th, Bitcoin's price fell below $71,000, declining approximately 5% within 24 hours. Ethereum, Solana, and Dogecoin all dropped 5% to 6%, with total market capitalization evaporating over $100 billion. Senior traders point out that Bitcoin exhibits both bullish and bearish technical patterns, and macroeconomic factors are affecting market sentiment, with short-term trends remaining uncertain.

Cardano's market cap ranking drops to 11th place, overtaken by Hyperliquid

Cardano dropped out of the top 10 cryptocurrencies by market cap on March 19th, overtaken by Hyperliquid. The Hyperliquid token HYPE surged 21.22%, reaching a market cap of $10.58 billion, while Cardano declined to $9.85 billion. Despite the broader cryptocurrency market recovery, Cardano continues to face pressure and is planning to launch new technologies to compete for market share.

MICA Daily | Is the Fed Worried About Inflation Getting Out of Control? US Stocks Decline, BTC Tests $71,000 Again

Yesterday, BTC fell from $73,000 to $71,000 due to declining US stocks and deteriorating Middle East conditions, with risk-off sentiment heating up in the market. The Federal Reserve kept interest rates unchanged, with Powell emphasizing that the US employment market and energy crisis make decision-making difficult, indicating uncertain economic prospects ahead that could impact both stock and crypto markets.

Algorand Foundation lays off 25% of its staff, ALGO price drops 6% to $0.09

Algorand Foundation announces 25% workforce reduction to address economic uncertainty and market weakness, causing ALGO token price to decline approximately 6%, now trading around $0.09. Despite the staff reduction, network activity remains stable, with quarterly transaction volume growing 4.7%. This restructuring aims to optimize resources and ensure long-term sustainability. Overall, it reflects the pressure and adaptation trends in the crypto market.

SAHARA (Sahara) 24-hour increase of 14.58%

Gate News Report: On March 19, according to Gate's market data, as of press time, SAHARA (Sahara) is trading at 0.02751 USD, up 14.58% in the past 24 hours, touching a high of 0.02782 USD and a low of 0.02305 USD. The 24-hour trading volume reached 580,100 USD. The current market cap is approximately 56.1204 million USD, ranking 422nd by market cap. Sahara AI is the first full-stack AI-native blockchain platform, providing trusted data services, scalable agent solutions, and verified outcomes. SAHARA is the native utility token of the Sahara AI ecosystem, powering all interactions between data providers, AI developers, compute resource suppliers, and end users, creating collaboration.