Only 1 million Bitcoin remains to be mined
On March 9, the number of unmined Bitcoins fell to 1 million, meaning more than 95% of the maximum supply of 21 million BTC is now in circulation. The mining algorithm continues to be strict: on average, the network adds approximately 144 blocks per day, and the difficulty is adjusted every 2016 blocks—roughly every two weeks. Following the 2024 halving, the block reward will be 3.125 BTC, and the network has entered its fifth mining phase. The next reward halving is expected in spring 2028, when it will drop to 1.5625 BTC. According to the protocol, full mining of all coins will be completed around 2140.
Address spoofing attacks have increased on the Ethereum network
Address poisoning attacks have increased sharply on the Ethereum network. After the Fusaka update was activated, the number of USDT "dust" transfers increased by 612%, according to Etherscan data. Lower fees after the upgrade made these schemes cheaper: attackers send mass microtransactions with near-zero value, clogging wallet transaction histories. Their goal is to trick users into accidentally copying a fake address from their recent transfer history.
In the 90 days following the upgrade, the number of transactions under $0.01 increased sharply: USDT transactions from 4.2 million to 29.9 million, USDC transactions from 2.6 million to 14.9 million, and DAI transactions from 142,000 to 811,000. ETH transfers increased from 104.5 million to 169.7 million. However, the volume of regular transactions remained virtually unchanged, indicating a surge in fraudulent activity rather than organic network growth.
USDC has surpassed USDT in transaction volume
Circle's USDC stablecoin has surpassed Tether's USDT in adjusted transaction volume for the first time since early 2026, according to analysts at investment bank Mizuho. According to their calculations, USDC turnover reached approximately $2.2 trillion, while USDT's figure was approximately $1.3 trillion. Circle's coin accounted for approximately 64% of the adjusted transaction volume among the two largest stablecoins.
Mizuho noted that this is a reversal of a long-standing trend: from 2019 to 2025, USDT consistently led in transaction activity. Amid growing USDC usage, analysts raised their target price for Circle shares from $100 to $120, citing the token's expanding applications, from prediction markets to new digital services.
USDT remains the largest stablecoin by market capitalization, valued at approximately $184 billion, while USDC ranks second at $79.2 billion. The overall stablecoin market has recovered to $311 billion, driven by an influx of retail capital.
Aave Oracle outage leads to $26 million in liquidations
On March 10, the Aave DeFi protocol experienced an oracle failure, resulting in approximately $26 million worth of wstETH positions being erroneously liquidated. The cause was an incorrect configuration of the Correlated Asset Price Oracle (CAPO). According to Chaos Labs, due to a desynchronization issue, the system fixed the asset price at 1.1939 instead of the actual 1.228. The error occurred during an update: the algorithm attempted to change parameters faster than the smart contract allowed, which capped growth at 3% every three days. As a result, the protocol price temporarily fell by 2.85%, triggering a chain of liquidations.
The incident affected 34 accounts—10,938 wstETH were sold, and third-party liquidators received approximately 499 ETH. No bad debts were created in the system. The Aave team quickly fixed the issue by lowering borrowing limits and manually updating the oracle parameters. The project is currently preparing compensation: victims are expected to receive 141.5 ETH returned after the incident, as well as up to 345 ETH from the DAO treasury. The developers emphasized that the failure was caused by a configuration conflict, not a vulnerability in the underlying architecture.
The total value of tokenized shares has exceeded $1 billion
The volume of tokenized shares on the blockchain has exceeded $1 billion, reflecting the rapid growth of the RWA segment amid an influx of liquidity. Ondo remains the leader with a share of approximately 58.7% and xStocks with approximately 23.8%. Foresight Ventures Investment Partner Alice Lee attributes the success of these platforms to their well-thought-out architecture: the projects were initially focused on regulatory compliance, maintaining liquidity, and integrating with DeFi infrastructure.
According to RWA.io co-founder Marco Widrich, the market capitalization of tokenized shares has grown by nearly 2900% over the past year. This growth was fueled by the launch of new platforms, a clearer regulatory environment, and the availability of such instruments to retail investors.
The RWA sector as a whole is also expanding: the value of tokenized assets (excluding stablecoins) has reached $26 billion, of which $11.1 billion is accounted for by tokenized US Treasury bonds. Trading activity is also growing: after the integration of 1inch and Ondo, the turnover of tokenized shares and ETFs exceeded $2.5 billion.
An investor lost $50 million on the Aave platform
An unknown trader attempted to exchange 50.43 million USDT for AAVE through the CoW Protocol aggregator and the SushiSwap exchange, but ended up receiving only 327 tokens worth approximately $36,000. The actual purchase price was approximately $154,000 per AAVE, with the market price around $114.
An MEV bot, which monitors mempool transactions, took advantage of this situation. It carried out a "sandwich attack": it took out a $29 million flash loan in WETH, bought AAVE on Bancor, inflating the price, passed the user's order at an inflated price, and then sold the assets on SushiSwap, profiting approximately $9.9 million.
Aave founder Stani Kulechov reported that the interface warned the user about critical slippage due to the huge order, but the user still confirmed the transaction from a mobile device. Despite this, the Aave team promised to compensate the $600,000 in fees collected by the protocol.
The CoW DAO also emphasized that the trader had been warned about the risk of a near-total loss, but had knowingly approved the trade. According to the developers, no DEX or aggregator could have executed an order of such size at the market price.
