Gate News reports that on March 29, the police in Chenzhou, Hunan province, uncovered a new type of investment fraud case involving virtual currency called "two golds for cash." They intercepted 7 packages of gold related to the fraud and seized 310 grams of gold. The police investigation revealed that the criminals lured victims under the guise of investment and financial management, encouraging them to purchase gold offline and send it to designated addresses. The illicit funds were then repeatedly circulated through virtual currency exchanges and overseas account transfers. The involved gold is currently being gradually returned to the victims, and the case is still under further investigation.

Gate News bot message: According to the official Gate announcement on March 17, 2026, Gate Yu Bi Bao has launched a limited-time wealth management promotion. During the event period (March 17 to March 31), users who sign up will receive a 10 USDT experience voucher, and those who complete designated purchase tasks can earn additional rewards of up to 200 USDT in experience vouchers. VIP users (VIP levels 5 through 14) participating in USDT wealth management can enjoy an annualized yield of 2.5%. Additionally, based on net deposits and total purchase amounts reaching different tiers during the event, users can unlock rewards of up to 30 grams of gold. Product quotas are limited and available on a first-come, first-served basis.

The BRICS countries have launched a gold-backed digital trade currency called "Unit," supported by a reserve basket consisting of 40% physical gold and 60% BRICS national currencies. Although it has not yet become official policy, this pilot project is a step toward de-dollarization. Currently, the value of one Unit is approximately 0.9823 grams of gold.