Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

On March 22, Vitalik posted: “I’m surprised Qwen 35B actually solved the Willans equation. (It used 15,000 tokens and took less than 3 minutes to run on my laptop.) Either way, hiding modulo arithmetic within a seemingly smooth, simple elementary function using trigonometric functions is really cool.”

**March 22 Update** DeFi research and risk management firm Gauntlet issued a statement on March 22 noting: "Resolv’s USR contract was exploited at 10:21 AM Beijing time today. The attacker minted 50 million Resolv USD (USR) using approximately 100,000 USDC." The Resolv team is actively responding to the incident and managing liquidity, with ongoing updates to be provided as the situation evolves. Per Gauntlet: Most of its treasury remains unaffected, with limited risk in a small number of high-yield treasuries. The firm is monitoring liquidity and will share continuous progress updates.

March 22 — Resolv announced in a post Thursday that its platform was attacked, with an attacker minting 50 million unbacked USR tokens. The team has paused all protocol functions to stop additional malicious activity and is actively working on recovery efforts.

On March 22, Venus Protocol announced that trading of the stablecoin USR on Venus Flux has been suspended due to a USR outage. Venus Core remains unaffected, and all user funds are secure. The team is actively monitoring the situation and will provide timely updates as more information becomes available.

On March 22, ZhiPu Z.ai Global Head Li Zixuan posted on X, stating: “Whether by luck or analytical ability, GLM-5 is currently the only model on the Prediction Arena prediction market that exceeds the ‘human benchmark.’” Data from Prediction Arena shows GLM-5 delivered a 42.99% return on investment (ROI) on the prediction trading platform Kalshi—earning $14,299.40—surpassing the human benchmark of $12,353.45. It is the only leading AI model to outperform this threshold. Developed by Arcada Labs, the platform allows AI models to trade in event markets such as weather and cryptocurrency. GLM-5 has completed 98 trades with a Sharpe ratio of 0.17.

**March 22 — Katie Haun, Founder/CEO of crypto VC firm Haun Ventures, told CNBC in an interview the global payments space is essentially an "arms race."** Mastercard this week acquired stablecoin infrastructure firm BNK for up to $1.8 billion—one of its largest deals ever—officially entering the stablecoin market. Haun noted stablecoins enable instant, friction-free global transfers of digital dollars, calling this a "truly important innovation." She added the stablecoin space’s transaction volume has hit $12.5 trillion, and the scale will only grow in the AI era. On regulation: The CFTC and SEC jointly released guidance this week on core crypto questions—what counts as a security vs. a commodity. Haun said the Senate Banking Committee is advancing a compromise solution, with an announcement possible as early as today. She’s cautiously optimistic, but noted Congress has roughly three working months left before the midterms and needs to fast-track the CLARITY Act to a vote after t