A certain whale withdrew 6000 ETH from Kraken after 6 months of silence

March 16 — Per OnchainLens monitoring, wallet address **0x7a7** is linked to a CAKE/THE liquidation event on Venus Protocol, having received 7,447 ETH (valued at $16.29 million) from Tornado Cash. The attacker used the ETH as collateral to borrow $9.92 million in stablecoins on Aave. After accumulating THE tokens, they likely manipulated their price on a centralized exchange (CEX). Subsequently, the attacker deposited 36.1 million THE into Venus and borrowed assets including BTC, BNB, and CAKE. Roughly 40 minutes later, a sharp drop in THE triggered liquidation. As a result: - Venus incurred $2.15 million in bad debt; - The attacker siphoned ~$5.07 million in assets; - Their actual profit may stem from short positions on a CEX during the crash.

March 16 — Per HTX market data, the Bittensor ecosystem’s subnet projects have seen notable surges recently. Bittensor (TAO) has continued climbing since its Upbit listing late last month, hitting a new high of $293.8 this morning — up over 46% since the start of March. Key subnets have posted strong weekly gains: - Chutes: +40.1% week-over-week, currently trading at $25.1 - τemplar: Surged 194% in the past 7 days, now at $19.3 - TARGON: Gained 60.3% week-to-date, priced at $13.25 - affine: Risen 42.7% over the week, trading at $21.3 Bittensor subnets are core to the network, with each operating as an independent, incentive-driven “micro AI economy” focused on creating specific AI-related digital assets. Post the Dynamic TAO (dTAO) upgrade, every subnet has its own native token.

**March 16 — ByteDance has put its global rollout of the AI video generator Seedance 2.0 on hold following copyright disputes with major Hollywood studios and streaming platforms, per The Information.** Last month, multiple U.S. studios—including Disney—sent legal threats. ByteDance noted it would take steps to stop unauthorized use of Seedance 2.0 from infringing intellectual property. Disney specifically sent a cease-and-desist letter to ByteDance, alleging the company trained and powered Seedance 2.0 on Disney characters without authorization. The studio claimed ByteDance loaded the model with a pirated library of copyrighted characters from franchises like *Star Wars* and Marvel, passing them off as public domain content. ByteDance had initially planned to launch Seedance 2.0 globally in mid-March, but those plans are now on hold. The company’s legal team is investigating potential legal issues, while engineers are adding extra safeguards to prevent the model from generati

On March 16, Tether CEO Paolo Ardoino said the Tether AI team plans to release a "truly groundbreaking achievement" later this week.

On March 16, Bitget market data shows Hong Kong stocks opened higher, with the OpenClaw sector leading gains. Meituan (02513.HK) rose 2.83% and MINIMAX-WP (00100.HK) gained 1.78%, tracking advances in JD.com, Tencent and other peers.

On March 16th, Citigroup, PwC and Solana jointly wrapped up a trade finance tokenization proof of concept (PoC). Suppliers can now issue tokenized payment commitments, sell them at a discount to banks, and settle instantly—no months of waiting. This move by traditional financial giants exploring real-world assets (RWAs) on Solana sends another clear signal.