US Stock Market Open: Cryptocurrency-related Stocks Experience a General Decline, SBET Falls Over 8%, MARA Bucks the Trend Rises Over 7%

March 26: U.S. President Donald Trump said during a cabinet meeting that he had expected natural gas and oil prices to rise more amid the Iran situation, noting energy prices "didn’t climb as much as I anticipated." He added he expects prices to edge higher further: "Maybe a little more, but eventually they’ll fall back." On Thursday, gasoline prices dipped slightly but have still jumped roughly 99 cents since the conflict’s outbreak. Source: Oriental Fortune

March 26: Bitcoin has fallen below $69,000, down 2.9% over the past 24 hours, per HTX market data.

On March 26, Tech in Asia reported that Watch.fun—a real-time social entertainment platform—has secured an $8.6 million funding round co-led by Crypto.com Capital and Solana Ventures. Spartan Capital, Big Brain Holdings, Griffin Gaming Partners, Animoca Brands, Morningstar Ventures, OrangeDAO, and other investors also joined the round. The capital will be used to accelerate product development, expand its curated product catalog, deepen strategic partnerships, and grow its team.

On March 26, Resolv Labs released a statement clarifying a key point amid ongoing mitigation efforts: We strongly advise against trading or acquiring USR at this time. On-chain data indicates illegally minted USR has been commingled with pre-attack USR across multiple wallets and is actively circulating in the secondary market. The attacker’s illegally minted USR has never had collateral backing and lacks redemption rights. Any transactions made now risk involving illegal tokens and will also complicate the asset recovery process. We’re currently in the early stages of evaluating a recovery plan for affected holders and cannot offer any guarantees—any potential remediation steps will likely be constrained by ongoing transaction activity. We’re collaborating closely with the impacted protocol to develop a solution and will share specific details once finalized.

March 26: U.S. President Trump said, "Iran is in talks with us. The reason they’re negotiating is that they’ve been defeated. If Iran strikes the right agreement, the strait will reopen." (FXStreet)

March 26th — SlowMist founder Cosmos Yoo noted in a post that Coinbase has taken offline the page where users enter plain-text mnemonic phrases for asset recovery. For wallets, first, the security model of online web pages is far weaker than that of browser extensions and mobile apps. Second, collecting plain-text mnemonic phrases on web pages is easily replicated by phishing sites — this has long been a common phishing tactic. Finally, as a well-known wallet provider, such behavior that drastically lowers the wallet’s security model should not exist from a user responsibility standpoint.