KAITO sees a brief 6% drop, currently trading at $1.3450

On March 16th: In February, the US spot Bitcoin ETF witnessed net inflows for only 5 days, and as of March so far, it has been only 1 day. The cumulative net inflow of the spot Bitcoin ETF has been nearly wiped out since the beginning of 2025. According to SoSoValue's data, the net amount flowing into the funds currently stands at $35.2 billion, which is only $200 million higher than the $35 billion on January 2, 2025 (the first trading day). (The Block)

On March 16th, based on market information, it is likely due to the news that "Telegram Founder Pavel Durov Was Allowed to Leave France." Some tokens in the TON ecosystem have witnessed an increase. These include: - TON with a 24-hour price increase of 20.7% and currently priced at $3.53; - NOT with a 24-hour price increase of 18.7% and currently priced at $0.002543; - DOGS with a 24-hour price increase of 10% and currently priced at $0.0001475.

On March 16th, based on Dune Analytics, the total transaction fee revenue of pump.fun has reached 3,095,840 SOL, which is approximately 5.91 billion US dollars.

On March 16th, Yu Hu, the founder of Kaito AI, posted on the X Platform, saying, "Nothing related to KAITO has been violated. Both my X account and the Kaito account were hacked - the hacker then put out fake tweets. As soon as I became aware of this, I checked both accounts and found that I was still logged into both of them. Therefore, I deleted the tweets and changed the passwords. We have implemented advanced security measures on both accounts, including hardware two-factor authentication. At present, we may be facing a similar attack as that seen recently in other projects like Jupiter. We are communicating with people familiar with such attacks to understand how this occurred. Any assistance from professionals is also welcome."

On March 16, the Kaito AI official announcement stated, "We have detected abnormal activities in multiple wallets linked to Kaito AI. Our team is actively conducting investigations to evaluate the potential impact.
Initial indications suggest that a certain portion of the token supply may have been leaked."

On March 16th, the TON Foundation announced that the French authorities have returned the passport of Telegram founder Pavel Durov, enabling him to freely leave the country. This piece of news marks a significant moment of resolution. Telegram has nearly 1 billion users worldwide and represents a global movement committed to communication freedom and the inalienable right to privacy. As part of the decentralized TON community, the TON Foundation has always been by Pavel's side, supporting his unwavering dedication to safeguarding online freedom of speech and privacy. "Our commitment to these fundamental principles remains steadfast. We firmly believe that blockchain is a #LibertyTech - an innovative tool that can transform the way we protect individual rights - and we are proud to be a part of an ecosystem that aims to empower individuals with free and secure communication."