Ethereum DeFi market share drops to about 54%, hitting a new low in nearly a year

According to BusinessWorld, the Philippine Central Bank reminds the public to avoid trading with unauthorized virtual asset service providers (VASPs) due to potential risks such as fraud, security vulnerabilities, and operational failures. The central bank pointed out that such platforms lack legal recourse and consumer assistance mechanisms, and may also be involved in false advertising, improper handling of private keys, cybersecurity, and data privacy issues. In addition, illegal operating platforms may have access restricted due to law enforcement actions. The Reserve Bank of the Philippines stated that it will collaborate with the Securities and Exchange Commission, the National Telecommunications Commission, and others to restrict user access to unauthorized VASPs, and advise consumers to only trade with licensed institutions to protect personal information and network security.

According to Cointelegraph, Jack Mallers, CEO of Strike, stated in a podcast that Wall Street's involvement in Bitcoin will not threaten its development. He believes that if Wall Street's entry can "kill" Bitcoin, then Bitcoin is doomed to fail from the beginning. Mallers emphasized that the core concept of Bitcoin is to make it accessible to everyone, including enemies, former wives, and neighbors. He pointed out that as Bitcoin competes for global capital, the participation of Wall Street and traditional investors is an inevitable trend. Some supporters are concerned that Wall Street may concentrate ownership and influence of Bitcoin.

[Zeng Gang: RMB Appreciation Due to Weakening Dollar and Strong Trade Competitiveness] According to CCTV Finance, the offshore RMB exchange rate against the US dollar has surpassed the 6.80 mark for two consecutive days, with the RMB central parity rate, onshore rate, and offshore rate strengthening simultaneously. Zeng Gang, Director of the Shanghai Finance and Development Laboratory, stated that this round of appreciation is primarily due to the continued weakening of the US dollar and China's strong trade competitiveness.

According to research by OpenSourceMalware, the North Korean hacker group Lazarus concealed the second stage loader in pre commit scripts of Git Hooks during activities such as "Infectious Interview" and "TaskJacker". Infectious Interview "induces developers to clone malicious code repositories to steal encrypted assets and credentials by forging the recruitment process of cryptocurrency/DeFi. Researchers suggest that developers run such repositories in isolated environments to avoid exposing browser configurations, SSH keys, and encrypted wallets.

Hanba Longwang posted on X platform that it only participated in buying SAT1 tokens and did not participate in smashing the market, and is currently in a break even state. The plan is to sell all SAT1 and distribute 35 ETH to loss making users between blocks 25047577 and 25055551. Compensation will be calculated based on the amount and magnitude of the loss, and users with a loss of less than 30% will not be counted. The Hanba Dragon King stated that he will return to the network after processing the compensation.