BTC falls below the $86000 mark

Odaily Planet Daily News: According to analysis by Yu Jin, the cryptocurrency Cocoro experienced severe fluctuations within 12 hours, with some investors profiting through short-term trading strategies, while others suffered significant losses due to counter trend operations. On chain data shows that an anonymous address who buys near the highest price point quickly cuts out of the market or becomes the current biggest loser. The address bought 6.4 million Cocoro at an average price of 0.0836 USD last night, but sold them at a low price of $0.0338 2 hours ago, resulting in a single transaction loss of $317000 USD (loss rate of -59%). Analysis indicates that this operation coincided with Cocoro's rapid decline from a high of $0.085 to a pullback period of $0.034.

MOVE will unlock 50 million tokens today, worth approximately $24.22 million, accounting for 0.5% of the total supply. The current circulation is 2.4 billion pieces, with a total of 1 billion pieces.

Odaily Planet Daily News: Kanye West posted on X platform that he is "learning Bitcoin knowledge from Anselm". Anselm is a KOL in the cryptocurrency field with 703000 followers on the X platform. As an active public figure in the cryptocurrency field, Kanye West has discussed blockchain related topics multiple times.

Odaily Daily News: According to Decurity's post incident report, after negotiating with hackers, the majority of the $5 million stolen by 1inch has been returned, and the hackers have retained a portion as a vulnerability bounty. This attack originated from a vulnerability in Fusion v1 smart contracts, mainly affecting the use of outdated versions of parsers, and ordinary user funds were not affected. According to Odaily's previous report, 1inch discovered a vulnerability in the Fusion v1 smart contract on March 5th, which hackers exploited to steal funds. 1inch has called on the relevant parsers to immediately conduct audits and update contracts to prevent similar incidents from happening again.

Odaily Planet Daily News: Mark Cuban recently expressed concerns about the outlook for the US economy, warning that significant federal spending cuts could have a ripple effect on the overall economy, ultimately leading to an economic recession.