Perpetual DEX Paradex announces temporary maintenance, community rumors of a major protocol vulnerability

On March 22, Michael Saylor—founder of Strategy—once again released information related to the Bitcoin Tracker, and stated: “The Orange March continues.” Per prior patterns, Strategy typically discloses details of its increased Bitcoin holdings the day after releasing such news.

March 22: Per HTX market data, SIREN has surpassed $2.4, up over 152% in the past 24 hours, with a current market cap of ~$1.65 billion. Per MLM monitoring, a cluster of addresses transferred 484.6 million SIREN from Hedgey Finance in the past 24 hours—currently valued at ~$1 billion, accounting for 48.5% of the total supply. The cluster’s unrealized gains exceed $950 million, leaving SIREN with highly concentrated ownership.

March 22 — According to HTX market data, Resolv’s stablecoin USR has rebounded, breaking above $0.6 after surging over 130% in nearly an hour. At the same time, RESOLV climbed to $0.056, narrowing its 24-hour drop to 7.5%. A few hours prior, the Resolv team noted that no underlying assets have been lost to date, and the ongoing minting attack remains under investigation. The attacker has so far purchased 11,422 ETH, valued at $23.66 million.

On March 22, Hong Kong-listed Boya Interactive (00434.HK) announced its board has proposed seeking shareholder approval for an authorization to use idle cash from business operations over the next 12 months to potentially purchase cryptocurrency, with a total cap of $70 million. Boya Interactive noted this move leverages the current cryptocurrency market downturn to modestly increase its crypto allocation, further supporting the development of its Web3 business. As of now, the company holds 4,092 Bitcoins, 302 Ethereums, and 700,070 USDT, with average purchase prices of $68,200 per Bitcoin and $1,661 per Ethereum.

**March 22 –** An anonymous Iranian official told Lebanon’s Al-Mayadeen TV (cited by Iranian outlets including Mehr News Agency) that Iran has outlined six ceasefire conditions in response to regional mediator proposals for a truce. The conditions are: 1. Guarantee no further hostilities; 2. Close all U.S. military bases in the Middle East; 3. Demand aggressors compensate Iran; 4. End all conflicts across the region; 5. Establish a new legal framework for the Strait of Hormuz; 6. Prosecute and extradite media personnel engaged in anti-Iran activities. The official added Iran does not expect an immediate ceasefire amid current military conditions, and will “continue to punish aggressors” until they “learn from history.” Separately, Iran’s state broadcaster Islamic Republic of Iran Broadcasting reported on March 22 that the Iranian armed forces stated their operational policy has shifted from defense to offense, with corresponding battlefield tactic adjustments. Th

March 22: Israeli Prime Minister Benjamin Netanyahu said in Eilat (a southern city) that Israel is responding to Iranian attacks—not targeting civilians. Its targets are the current Iranian regime and the Islamic Revolutionary Guard Corps (IRGC). The Israel Defense Forces (IDF) will directly strike IRGC leaders, their infrastructure, and economic assets.