News

PANews, March 28 – Research firm 10x Research stated on X that Bittensor (TAO) is gaining momentum driven by both the AI narrative and ecosystem expansion. TAO's current price is above its 7-day and 30-day moving averages, showing a dual bullish technical signal. The token has risen 19.8% over the past week, its subnet staking volume has exceeded $620 million, and the number of active subnets has expanded to 128. In terms of news, NVIDIA CEO Jensen Huang mentioned Bittensor on a well-known podcast, while Grayscale this week reiterated that Bittensor Trust's private placement subscription is open to qualified investors, further strengthening institutional endorsement.

PANews reported on March 28 that Gauntlet, a DeFi research and risk management firm, announced an update on the handling of the Resolv vulnerability via X. Currently, USDC Frontier (v1) on Base network has been deallocated from all Resolv markets, and there is no risk of bad debt. The v1 and v2 vaults have now reopened for deposits, and Morpho will remove the interface warning tomorrow. The reboot of the mainnet USDC Frontier (v2) vault is underway; according to the current timelock schedule, the maximum submission period for the v1 market adapter is 3 days, and 5 days for the removal of the v1 Vault adapter. Gauntlet stated that it will provide further details on the remaining vaults based on subsequent updates to Resolv’s remediation.

Popularity rankings show that XAUT's popularity dropped by 70 thousand compared to yesterday, ranking first. The rankings are as follows: ① XAUT ($4495.26, 1.41%) ② SIREN ($1.82, 101.84%) ③ ETH ($1998.82, -2.48%) ④ TAO ($317.85, -3.44%) ⑤ BSB ($0.1960, 10.99%). XAUT shows weak selling pressure from major funds, with a 24-hour net outflow of $4.83 million and 24-hour trading volume of $763 million, among which the major net outflow is $2.22 million.