Current mainstream CEX and DEX funding rate displays a market-wide bearish sentiment.

**March 11 – Binance CEO Changpeng Zhao (CZ) has responded to Forbes’ report that his net worth has climbed to $110 billion, surpassing Bill Gates.** On the eve of industry transformation, CZ noted the traditional finance sector views the crypto space as a panacea, while the crypto industry sees traditional finance the same way. Recent news of industry fundraising, IPO preparations, and the market performance of already-listed crypto firms may have prompted Forbes to revalue Binance, he added. “We should still thank Forbes for the recognition, but valuation is just valuation,” he said. Earlier today, CZ took to social media to address his placement on Forbes’ Top 20 Billionaires list. He pointed out Bitcoin has dropped sharply from its peak, arguing Forbes’ estimate is inaccurate. “Don’t they see how much the big pie has fallen? Rich in what?” he questioned. The latest Forbes Billionaires List shows CZ’s net worth has jumped $47 billion from last year to roughly $110 billion,

March 11—A senior Israeli official told Reuters that in closed-door discussions, Israeli officials have acknowledged a war with Iran would not necessarily lead to the collapse of its theocratic regime, and there are no signs of an uprising among the Iranian people despite ongoing bombardment. Two Israeli officials noted that while former President Trump suggested the war could end quickly, Israel’s assessment is the U.S. is far from directing an end to the conflict. On the day of the U.S.-Israel joint airstrike, Israeli Prime Minister Benjamin Netanyahu said: “Our joint action will create conditions for the brave Iranian people to take their destiny into their own hands.” He specifically referenced Iran’s main minority groups, fueling reports that the U.S. or Israel may back these groups in an uprising. However, Netanyahu reiterated in a statement Tuesday that while Israel hopes to help the Iranian people “break free from the shackles of tyranny,” ultimately “it’s up to them”—a sign

On March 11, per HTX market data, Bitcoin has dipped below $69,000, posting a 24-hour decline of 1.38%.

March 11 – Tencent Cloud addressed security concerns related to OpenClaw and Tencent’s “Lobster” tool. On the question of whether OpenClaw engages in aggressive charging, Tencent Cloud stated: “A screenshot circulating on social media claims a user faced over 200 RMB in unauthorized charges after installing OpenClaw during Tencent Cloud’s public welfare promotion. Our backend investigation confirms this amount stems from the user’s historical large model invocation fees. OpenClaw itself is free to install, but invoking large models during use incurs Token fees—consistent with most current Agent tools.”

On March 11, Binance filed a defamation lawsuit over a February 23 article in *The Wall Street Journal* that alleged the exchange assisted in evading sanctions in Iran.

On March 11, Mega Bank—a giant in wealth management funds—filed a trademark application for "WFUSD" in the United States, covering three international trademark classes: - Class 009: Downloadable software for digital asset trading, payments, and wallet functionality; - Class 036: Cryptocurrency trading and exchange services, plus financial information processing and digital asset-related e-commerce; - Class 042: Software-as-a-service (SaaS) for asset tokenization, on-chain transaction payment infrastructure, data encryption, and electronic storage.