Gate News Report: On March 13, most stocks in the US crypto sector rose at market opening. In the past 24 hours, MARA rose 8.5%, CIFR rose 7.7%, CRCL rose 5%, MSTR rose 3.9%, COIN rose 2.1%; BTGO fell 1.8%, GEMI fell 0.6%.

Gate News bot message: According to Gate official announcement on March 16, 2026 Gate platform announced adjustments to the lending functions of MBG by Multibank Group (MBG). Starting from March 16, 2026 at 16:00 (UTC+8), the platform will close new lending functions in unified account spot margin, collateral lending, and isolated margin leverage businesses. For users with outstanding loans, the platform requires repayment to be completed before March 17, 2026 at 16:00 (UTC+8). Overdue loans will be automatically settled and repaid by the system at that time point. The platform stated that this adjustment is based on a regular project review mechanism, aimed at optimizing trading experience and safeguarding user asset security. Spot trading functions are not affected.

TURBO token increased 26.44% in the past 24 hours, now trading at $0.00116779 with a market cap of $80.6 million. The project was created by artificial intelligence and features decentralization and zero trading taxes. Recent increased trading activity and coverage on over 140 exchanges have boosted market recognition and liquidity.

Gate News Alert: On March 12, according to Arkham monitoring, Alameda unstaked SOL worth $17 million and transferred it to a bankruptcy account. It is reported that Alameda regularly distributes SOL to creditors on a monthly basis. Currently, its on-chain account still holds SOL valued at $321 million.