Iranian Armed Forces Say They Have Shifted from Defense to Offense

**Xinhua News Agency (March 22) — U.S. President Donald Trump issued a social media ultimatum the previous day demanding Iran open the Strait of Hormuz within 48 hours, threatening to attack and destroy Iran’s “various power plants” if the demand is unmet. In response, Iranian Islamic Parliament Speaker Mohammad Bagher Ghalibaf stated on March 22 that if Iranian power plants and other infrastructure are targeted, all key energy and oil facilities across the Middle East will be deemed legitimate targets and face irreversible destruction—sparking a long-term surge in oil prices.**

March 22 — Alibaba Group Chair Eric Jing highlighted AI’s enormous potential in China’s application areas on Wednesday. The ultimate goal of AI development, he noted, is not just cutting-edge model research but also widespread AI adoption to benefit society. In August 2025, China’s State Council released guidelines on deepening the “AI+” initiative, setting a 2030 target: AI will drive high-quality development across the board, with next-gen smart terminals and entities boasting a 90%+ application penetration rate. This will position the smart economy as a key driver of China’s economic growth, while fostering technological inclusivity and shared prosperity. “Over the past year, Alibaba has reached a core conclusion: widespread AI adoption across scenarios will create major market opportunities, and our sole focus is ongoing innovation,” Jing said. (Source: GoldenFinance)

March 22 — Per LookOnChain data, whale address 0xC551 purchased 1,979 ETH 8 hours ago, valued at $4.14 million. In the past 30 days, this whale has accumulated a total of 8,662 ETH, worth $18.05 million.

March 22: Per EmberCN monitoring, a whale that accumulated 97.13 million SKY tokens at a November 2023 (last year) low locked in a $2.72 million profit (+58% return) today, selling 50 million SKY to Binance (valued at $3.8 million). The whale initially withdrew 97.13 million SKY from Binance at a November 2025 low, with an average entry price of $0.048. Today’s deposit was executed at an average price of $0.076. ### Notes on US English adaptation: 1. **Conciseness**: Used "locked in" (common in finance for profit-taking) and "executed" (standard for crypto transactions) instead of literal translations. 2. **Numerical shorthand**: "M" for million (widely used in US financial news). 3. **Flow**: Split the original into two tight paragraphs (key action first, then context) for readability, aligning with US news brevity. 4. **Clarity**: Explicitly linked "last year" to 2023 (resolving the original time ambiguity for US readers). 5. **Terminology**: "Realized profit" → "locked

March 22: DeFi protocol Fluid officially announced it has become aware of the Resolv exploit incident. Fluid’s automatic limit mechanism prevented over-borrowing of funds, and the USR market has been suspended. The situation is under control. If any bad debts exist on Fluid, all user losses will be fully compensated. User funds and protocol security are Fluid’s top priorities. A comprehensive review is currently underway, and a detailed post-incident analysis report will be released once the investigation concludes.

On March 22, Sumit Gupta and Neeraj Khandelwal—co-founders of CoinDCX, the Indian cryptocurrency exchange backed by Coinbase—were reportedly arrested by police over alleged ties to a crypto investment scam. However, other local media outlets claim the pair were only summoned for questioning, not taken into custody. CoinDCX issued a statement clarifying the case involves an individual impersonating a CoinDCX founder who defrauded an insurance consultant of 7.1 million Indian rupees (roughly $75,000), and that the incident is unrelated to its two co-founders.