Korean real-world asset platform K-Prop signed a memorandum of understanding on March 16 in Seoul, aimed at combining Korean real estate yields with decentralized Web3 finance. K-Prop Korea will be responsible for asset management, while K-Prop Limited will lead global expansion and smart contract development.
Gate News Report: On March 18, Domingo, Secretary-General of the International Maritime Organization, stated at a special session of the 36th Session of the IMO Council that military strikes launched by Israel and the United States against Iran have resulted in multiple security incidents in the Strait of Hormuz, which have so far caused the deaths of 7 sailors and left approximately 20,000 sailors stranded at sea in the Persian Gulf. Domingo urged all parties present at the meeting to put forward constructive measures to address the current situation and help ensure maritime shipping security.
Gate News report, on March 18, according to CryptoQuant data, the correlation coefficient between Bitcoin and gold fell to -0.88, reaching a new low since November 2022. The data shows that the two assets are exhibiting a strong negative correlation, with Bitcoin price rising to $74,000, while gold experienced a slight decline.
Gate News Information: On March 18, Onchain Lens monitoring detected that whale address "bc1qf" withdrew 500.78 BTC again from a certain CEX, worth approximately $37.16 million. The address currently holds a total of 3135.54 BTC, valued at approximately $232.5 million based on market cap.
