Gate News reported that on March 17, on-chain data shows that a certain whale/institution withdrew 217.7 BTC from a certain CEX half an hour ago, valued at $16.04 million. This address has been continuously withdrawing BTC from the exchange since March 3, accumulating a total of 2634.7 BTC over 14 days (total value of $186 million), with an average cost of $70,805 per coin, and currently has unrealized gains of $9.05 million.

Decentralized GPU computing infrastructure platform Aethir officially launched its managed Kubernetes service on March 17, aiming to expand into enterprise-grade AI infrastructure. The service supports rapid cluster deployment, is compatible with the latest GPUs, and starts at $1.45/hour with enterprise-grade security. Through cost optimization, Aethir has been providing computing power services across 95 countries globally, serving 150 enterprise customers.

Gate News bot message, according to Gate's official announcement Gate has launched CFG contract trading features, including CFG perpetual contracts live trading (USDT settlement), supporting 1-20x leverage. Meanwhile, in margin lending, Gate has added CFG unified account lending, isolated margin trading pairs, and launched CFG savings products, active collateralized loans, and fixed-term collateralized loans. Additionally, Gate has introduced a flash conversion feature for CFG, allowing users to convert CFG to USDT or other tokens supported by flash conversion. For dollar-cost averaging, the platform has opened CFG DCA functionality, supporting multiple DCA cycles such as hourly and daily. The aforementioned perpetual contracts have opened copy trading and trading bot services.

Bitcoin's price briefly surged to $74,451 on March 16, reaching a 40-day high, influenced by US-Iran conflicts and rising oil prices. The market has gained over $320 billion in total, but uncertainties still exist. Analysts suggest dollar-cost averaging between $60,000 and $70,000. Investors should exercise caution to manage potential risks.

Gate News Alert: On March 16, according to monitoring by @ai_9684xtpa, ShapeShift founder Erik Voorhees purchased 1915.28 ETH again in the past 5 minutes, valued at $4.17 million. Over the past week, he has accumulated purchases of 29,191.82 ETH with a total value of $61.65 million, at an average cost of $2,112.19, currently distributed across 22 addresses.

Gate News reported that on March 15, according to Reuters, Meta is planning large-scale layoffs that could affect 20% or more of its workforce. This move aims to offset the cost pressures from artificial intelligence infrastructure investments and prepare for the higher efficiency brought by AI-assisted employees. Currently, the specific date of layoffs has not been determined, and the final scale of layoffs has not been finalized.

The TRON community is discussing a v4.8.1 new feature proposal that plans to adjust the execution behavior and cost of the SELFDESTRUCT instruction to enhance compatibility with Ethereum's EIP-6780. The proposal suggests that the instruction will only delete contracts under specific conditions and will adjust energy consumption to 5000. Currently, the proposal remains in the community discussion phase.

The Bitcoin Policy Institute (BPI) opposes the Basel Committee's high risk weighting standards set for Bitcoin, arguing that this will restrict banks from participating in crypto asset businesses. The BPI is calling on U.S. regulators to reassess Bitcoin's risk classification, pointing out that the current framework treats it as a "toxic asset," significantly increasing the cost for banks to hold Bitcoin. This issue could impact traditional financial institutions' strategies in the digital asset space.

On March 13, the Nasdaq 100 declined 1.7%, causing a whale holding a 10x leveraged long position in XYZ100 to suffer an unrealized loss of $480,000. Despite the Nasdaq pullback, the whale still achieved a daily profit of $120,000 through hedges in crude oil and Bitcoin.

Ethereum founder Vitalik Buterin has suggested a low-cost alert tool that allows users to set a secret phrase, enabling their device to automatically call for police assistance upon recognition. This proposal is particularly suitable for cryptocurrency holders, enhancing security and reducing the risk of kidnapping or robbery.