Circle minted 250 million USDC on the Solana network 6 hours ago

March 13th — Solana Superteam USA has officially launched, with a mission to accelerate U.S.-based entrepreneurs joining the Solana ecosystem. Founded by Nicky Scanz (also the founder of decentralized validation project Layer33 and host of podcast *The Index Show*), the initiative builds on his background: Scanz previously got his start with a Solana community NFT project, then pivoted to ecosystem development and strategic consulting, and now focuses on growing the U.S. Solana builder community.

March 13 Per Hyperinsight monitoring (link: https://t.me/HyperInsight), ongoing Middle East geopolitical tensions pressured the U.S. semiconductor sector Wednesday, with the group closing down 2.66%. Specific moves: Nvidia (NVDA) slipped 1.5%, Micron Technology (MU) dropped 3.2%. On Hyperliquid, NVDA and MU contract prices fell in tandem but saw partial recovery in after-hours trading. A wallet linked to Continue Capital (0x3e3) currently holds ~$14.5M in semiconductor long positions. Intraday declines briefly flipped the position from profitable to underwater, but post-hours on-chain contract rebounds pushed it back into the black. The address holds a 7x leveraged long on MU: $6.2M position size, average entry price $383. It also holds a 5x leveraged long on NVDA: $8.4M position size, average entry $190.

Binance announced on March 13 that its VIP Loans service will remove TrueUSD (TUSD) and Alchemix (ALCX) from its eligible collateral list starting at 8:00 AM UTC+8 on March 30.

On March 13th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that whale address 0x709…Cad6e opened an on-chain ETH position after four months of dormancy. The whale spent 20.58 million sUSDC to purchase 10,557.14 ETH at an average price of $2,072.55.

March 13th, Aave founder Stani.eth responded to an incident where a user incurred over $50 million in slippage losses while purchasing AAVE: Given the exceptionally large size of the single order, the Aave interface—like most trading platforms—warns users of unusual slippage and requires explicit confirmation via a checkbox. The user acknowledged the warning on a mobile device, accepted the high slippage risk, and proceeded with the trade, ultimately receiving only around 324 AAVE. Transactions require checkbox confirmation to explicitly accept risk before proceeding. CoW Swap’s router functioned as intended, and the integration adhered to industry-standard specifications. However, while the user was able to complete the trade, the outcome was clearly far from optimal. Similar incidents do occur in DeFi, but this transaction’s scale is far larger than typical in the space. We sympathize with the user and will attempt to reach out to them to refund the $600,000 fee charged in the

On March 13, CoWSwap released an official response to the "User’s $50M+ AAVE Purchase Slippage Loss" incident. Earlier today, a trader attempted to swap 50 million aEthUSDT for aEthAAVE via Aave’s exchange interface—powered by the CoW Protocol. Critically, the user received a clear warning that nearly all their transaction value would be lost, and was required to explicitly confirm proceeding after acknowledging the warning. The user chose to move forward with the swap. It bears noting the CoW Protocol is a decentralized trading aggregator that routes trades through nearly all major public and private liquidity sources. No DEX, DEX aggregator, public/private liquidity pool, or combination thereof could execute this trade at a remotely reasonable price. Blocking users from transacting would deprive them of choice and could lead to severe consequences in some cases (e.g., a market collapse). That said, incidents like this underscore that DeFi’s user experience still hasn’t reach