Fluid: USR Market Trading Halted, Will Fully Compensate Potential User Losses
March 22: DeFi protocol Fluid officially announced it has become aware of the Resolv exploit incident. Fluid’s automatic limit mechanism prevented over-borrowing of funds, and the USR market has been suspended. The situation is under control.
If any bad debts exist on Fluid, all user losses will be fully compensated. User funds and protocol security are Fluid’s top priorities. A comprehensive review is currently underway, and a detailed post-incident analysis report will be released once the investigation concludes.
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Indian Crypto Exchange CoinDCX Co-Founders Summoned by Local Police
On March 22, Sumit Gupta and Neeraj Khandelwal—co-founders of CoinDCX, the Indian cryptocurrency exchange backed by Coinbase—were reportedly arrested by police over alleged ties to a crypto investment scam. However, other local media outlets claim the pair were only summoned for questioning, not taken into custody.
CoinDCX issued a statement clarifying the case involves an individual impersonating a CoinDCX founder who defrauded an insurance consultant of 7.1 million Indian rupees (roughly $75,000), and that the incident is unrelated to its two co-founders.
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Iranian Armed Forces Say They Have Shifted from Defense to Offense
March 22 — Major General Abdolrahim, commander of Iran’s Armed Forces Hataam al-Anbia Central Headquarters, stated that the Islamic Republic has shifted its national defense strategy from defensive to offensive.
The general noted that Iranian forces have leveraged the capabilities of young scientists to develop and manufacture advanced equipment and weapons, with the goal of delivering more “surprises” to adversaries on the battlefield.
(Source: CCTV International News)
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Today, the Venus and Resolv attackers combined provided a $28.56 million ETH bid.
March 22 — Data from EmberCN shows attackers associated with Venus and Resolv placed a combined $28.56 million in ETH buy orders today.
- The Venus attacker converted BNB, BTC, and CAKE withdrawn from Venus into 2,257.3 ETH, worth $4.72 million.
- The Resolv USR attacker sold over-issued USR to purchase 11,437 ETH, valued at $23.84 million.
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Resolv Attacker Still Holds 36.74M USR, Now Worth $2.04M
On March 22, EmberCN monitoring shows the Resolv attacker’s remaining 36.74 million USR is still being sold off. The token’s current value has shrunk to $2.04 million, an 88% decline from prior levels.
The attacker has since converted most of the USR into ETH, amassing 11,437 ETH worth $23.84 million.
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Bithumb is pushing for the reappointment of current CEO Heo Baek-young to maintain operational continuity and stability
March 22 — Per *The Korea Times*, South Korea’s second-largest crypto exchange Bithumb is pushing for the reappointment of current CEO Lee Jae-won, despite ongoing controversies and regulatory penalties.
On February 6, 2026, during a promotional event, Bithumb suffered a major operational glitch: it mistakenly disbursed roughly 15 times the Bitcoin it actually held to users, totaling approximately 620,000 BTC. The error revealed critical gaps in Bithumb’s internal validation, asset management, and ledger systems. It was detected and contained within 35 minutes; the exchange froze trading and withdrawals for 695 impacted accounts, claiming to have recovered 99.7% of the misallocated assets. Still, the incident sparked brief market jitters.
South Korea’s Financial Intelligence Unit (FIU), part of the Financial Services Commission, has imposed multiple penalties on Bithumb: a six-month partial business suspension, a 36.8 billion won (≈$24 million) fine for anti-money laundering (AML
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