An unknown smart contract on the BSC chain was hit by a price manipulation attack, resulting in a loss of around $133,000
March 27: Monitoring from BlockSec Phalcon (@Phalcon_xyz) shows an unknown staking contract on Binance Smart Chain (BSC) was exploited, leading to losses of approximately $133,000.
The incident stemmed from an immediate (spot) price dependency vulnerability in the contract. The attacker first manipulated the price of the TUR token in the TUR-NOBEL liquidity pool, then staked TUR in the staking contract. This triggered reward calculations based on the inflated TUR price, and the attacker extracted amplified rewards via three referral accounts—depleting all TUR tokens in the contract before converting them to USDT for profit.
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Michael Saylor: Approximately 80% of the Strategy Stock (STRC) is held by retail.
March 27 — Strategy founder Michael Saylor said roughly 80% of the company’s issued perpetual preferred stock (ticker STRC) is held by retail investors. The security pays monthly dividends, with a current annualized yield of approximately 11.5%.
Saylor noted STRC is designed as a low-volatility income tool tied to $100 par value transactions, and its dividend rate adjusts based on market conditions. Strategy has raised funds via STRC this year to allocate to Bitcoin, with cumulative investment volume nearing $3 billion. The firm plans to raise a total of $42 billion through related financing arrangements, with STRC accounting for $21 billion of that total.
Benchmark analysts pointed out that as demand for STRC grows, Strategy’s ability to allocate to Bitcoin may continue to strengthen. (Bloomberg)
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Peter Brandt: Bitcoin Triggers Sell Signal
March 27 — Renowned trader and chart analyst Peter Brandt, who correctly called Bitcoin’s sharp 2018 decline, shared a chart this morning showing the token has formed a rising wedge pattern — a classic bearish signal pointing to a potential downside breakout.
The chart shows Bitcoin rebounded from ~$60,000 in January to ~$71,000 in March, but the wedge’s upper and lower bounds are converging, with the asset currently trading in the $65,000-$70,000 range.
Brandt also nailed Bitcoin’s short-term rebound via technical analysis on March 10 and 16.
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Current mainstream CEX and DEX funding rate displays indicate a slight weakening of the market's bearish sentiment
**March 27**
As Bitcoin continued oscillating with a slight pullback today, funding rates across major centralized (CEX) and decentralized (DEX) exchanges signal diminished bearish sentiment in the market, per Coinglass data. Specific rate figures are detailed in the attached chart.
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**Note from BlockBeats**
A funding rate is a fee set by crypto platforms to align perpetual contract prices with their underlying asset values. It acts as a fund transfer between long and short traders—platforms do not collect this fee; instead, it adjusts traders’ holding costs or profits to keep contract prices close to underlying asset prices.
**Rate Signals**
- 0.01% = baseline
- Above 0.01% = broadly bullish
- Below 0.005% = broadly bearish
### Key adjustments for American English/financial news style:
1. **Conciseness**: Cut redundant phrases (e.g., "current mainstream" → "major"; "usually applicable to" → "for" in context).
2. **Terminology flow**: Kept industry-standard
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「Abraxas Capital」 Increases Short Position in Crude Oil to $92 Million, Unrealized Gain of $2.6 Million
March 27 — Per monitoring data from HyperInsight (link: https://t.me/HyperInsight), the top two addresses controlling Brent crude on-chain short positions (held by Abraxas Capital) substantially boosted their holdings overnight and this morning.
The pair simultaneously added to their positions, with a total additional investment of roughly $26 million at an average entry price of ~$101. Their combined short position size has jumped ~130% since yesterday morning.
Following this latest accumulation, each address now holds over $40 million in short positions, lifting total position size to $92 million. The combined average entry price is ~$103, with an average liquidation price of $137.
After ramping up positions incrementally, the addresses flipped from losses to gains by 4 a.m. ET today, posting a total unrealized profit of $2.6 million.
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Cryptocurrency Fear and Greed Index Rises to 13, Market "Fear" Sentiment Slightly Eases
March 27: Per alternative data, today’s crypto Fear & Greed Index stands at 13—up from 10 yesterday—meaning market fear sentiment has eased slightly.
Note: The Fear & Greed Index ranges from 0 to 100, incorporating these metrics: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%).
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