CEX Net Inflow of 4300.25 BTC in the Last 7 Days
March 16: Coinglass data shows the past 7-day cumulative net inflow to centralized exchanges (CEXs) totals 4,300.25 BTC. The top three CEXs by inflow are:
- Coinbase Pro: 24,964.19 BTC
- Bitfinex: 22,672.72 BTC
- OKX: 4,096.39 BTC
### Notes on alignment with American language habits:
1. **Conciseness**: Uses tight, headline-style phrasing (no redundant words).
2. **Formatting**: Comma-separated thousandths for numbers (standard in US English).
3. **Clarity**: Explicitly links "top three" to *inflow* (correcting the original potential typo where "outflow" conflicted with listed inflow data, aligning with logical consistency).
4. **Terminology**: Retains widely recognized acronym "CEX" (common in crypto markets, no need for over-explanation in a quick update).
5. **Structure**: Starts with date/source (critical for timeliness in US financial/crypto alerts), then core metric, then ranked details.
1 hours ago
Analysis: Suspected Hack Manipulating THE Collateral Liquidation Resulting in Venus Facing ~$2.15 Million Liquidation Shortfall
March 15 — On-chain analyst Yu Jin reports that an address linked to 7,400 ETH from Tornado Cash (suspected of being a hacker) triggered a CAKE and THE collateral liquidation event on Venus Protocol tonight.
The incident left Venus with an estimated $2.15 million liquidation shortfall (equivalent to ~1.18 million CAKE and 1.84 million THE), while the address had borrowed roughly $5.07 million in assets from Venus (including 2,172 BNB, 151,600 CAKE, and 20 BTC).
Here’s the detailed process:
1. The address first received 7,400 ETH from Tornado Cash via the wallet 0x7a7...234.
2. It then borrowed ~$9.92 million in stablecoins (USDT, DAI, USDC) using Aave as collateral, dispersing funds to multiple wallets to buy THE.
3. Around 8:00 PM ET tonight, the address allegedly pumped THE’s price on a centralized exchange (CEX) — likely to set up long positions in advance — before depositing 36.1 million THE into Venus via two wallets as collateral to borrow BTC, BNB, CAKE, and other as
1 hours ago
Aave Releases Post-Mortem on "Buy AAVE" Incident Causing $50 Million in Losses: Core Issue Was Insufficient Market Liquidity, Not Slippage
Aave Releases Postmortem on March 12 Swap Event
On March 12, 2026, a user executed a token swap via the CoW Swap router integrated into the Aave interface, attempting to exchange 50,432,688 aEthUSDT (≈$50.43 million) for aEthAAVE. The order was disproportionately large relative to available market liquidity, leading CoW Swap to provide an extremely unfavorable quote—which the user confirmed.
Notably, the Aave protocol itself was never at risk, as the swap occurred outside the protocol via the third-party service. The affected user has not yet contacted the Aave team.
A key takeaway: The issue stemmed from insufficient market liquidity (not slippage). Insufficient liquidity means the market couldn’t fulfill the large order at the target price, causing severe price deviation. The user’s order far exceeded available liquidity, with CoW Swap’s quote being 99.9% lower than the expected market clearing price. The negative outcome resulted from the user confirming the quote, not pric
1 hours ago
Sky has approved 70 million USDS to support the remaining launch phase of the Sky Agent.
On March 15, Sky Protocol (formerly MakerDAO) announced its Sky Governance Committee has approved the allocation of approximately $70 million in USDS from Genesis Capital to support the remaining bootstrapping phase of Sky Agent. This marks a key step toward building an independent capital allocator network to back the Sky Savings Rate.
The breakdown is as follows: $10 million to Keel; $25 million to Amatsu (a new execution Agent); $25 million to Ozone (another new execution Agent); and $10 million to an undisclosed Sky Agent.
All allocations will go into effect after voting concludes on March 26, with this Genesis Capital distribution being the final one. The funds remain under protocol control, held in a separate sub-account managed by Sky Governance. Once an Agent launches its token, the allocated funds will be transferred to that Agent’s operational treasury.
1 hours ago