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Binance Alpha2.0 will support the PlaysOut (PLAY) contract to migrate from the BEP20 network to the BASE network.

2 hours ago

March 23, 2026 Binance Alpha 2.0 will support the migration of PlaysOut (PLAY) contracts from the BEP20 network to the BASE network. Starting at 06:30 UTC on March 23, 2026, Binance Alpha 2.0 will temporarily suspend trading of PlaysOut (PLAY) contracts to facilitate the migration. The exchange ratio for this migration is 1:1. Trading of PlaysOut (PLAY) contracts on Binance Alpha 2.0 is expected to resume at 11:30 UTC on March 23, 2026.
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March 23: Per Bitget market data, spot gold dropped from a daily high of $4,473.06 to a low of $4,097.51. At one point, its market cap evaporated by roughly $2.837 trillion—more than twice Bitcoin’s current market cap ($1.362 trillion) and exceeding the total market cap of the entire crypto market (currently $2.427 trillion).

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March 23rd — Per data from HyperInsight Monitoring, sharp gains in crude oil and steep drops in gold have left "Hyperliquid early contributor Loracle" (0x8de) facing two-way losses on its PAXG (gold) long positions and WTIOIL (WTI crude oil) short positions. The hedge position currently has a total floating loss of $1.1 million, with an overall size of ~$10.5 million. Additionally, the address added to its HYPE long positions today, bringing the total position size to $19.4 million at an average price of $37.67. The address belongs to Loracle (X: loraclexyz), whose real name is Laurent Zeimes. Previously, on Jan. 12, the address nailed a bottom at an average price of $22, with positions peaking at $52 million.

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Backpack Witch Ruling Rules Controversy Triggers Community Wide Doubt, Official Response Pending

**March 23 Update: Backpack Token Launch Sparks "Witch Hunt" Backlash** Backpack officially rolled out its token claim and staking page today—only to face immediate controversy over a large-scale account purge. Multiple prominent short sellers and individual investors report the platform has flagged a massive number of accounts as "witch accounts." Community member Anymose claims 99% of their accounts were flagged, including those created via private invites in closed communities. The official team has yet to issue a clear explanation. Some "captains"—roles tasked with driving community growth—are among the hardest hit. Critics question conflicting rule design: the platform encourages users to expand its ecosystem, yet is purging core users who actually fuel that growth. Additionally, community members who spoke with Backpack’s Chinese team say some official staff lack specific details on the situation. Platform X user @gch_enbsbxbs says both their main and alternate Bac

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Spot Gold Breaks Below $4100 Key Level

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A certain trader, going long with 40x leverage, was partially liquidated on a 280.2 BTC position within 1 hour.

March 23 — Per LookOnChain monitoring, a trader opened a 40x leveraged long position valued at 280.2 BTC (≈$19.07 million) but was partially liquidated in under an hour. The trader currently holds a long position of 224.16 BTC (≈$15.18 million) with a new liquidation price of $67,587.12.

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