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Grayscale's research director Zach Pandl stated that if the price of Bitcoin has formed a solid bottom but is consolidating before recovery, a covered call strategy can generate income through Bitcoin volatility while managing spot price exposure. Grayscale assumes a Bitcoin spot price of $65,000 and an implied volatility of 40%, projected until the end of 2026. Under this assumption, the covered call strategy has an annualized return of about 22%, remaining profitable above a breakeven price of approximately $58,500, and outperforming holding spot Bitcoin alone when Bitcoin reaches about $72,500 at expiration.Pandl pointed out that option premiums provide income and downside protection, at the cost of giving up some upside potential when Bitcoin rises significantly. If the Bitcoin spot price falls below the breakeven price, the strategy will still incur losses, but the extent of the loss will be less than directly going long on spot Bitcoin, with the difference equivalent to the call option premium. Grayscale's Grayscale Bitcoin Covered Call ETF, with the ticker BTCC, aims to maximize income generation potential through writing covered calls. The fund does not directly invest in digital assets or initial coin offerings but gains indirect exposure to digital assets through derivatives related to exchange-traded products that hold digital assets.

Project Eleven has launched a new zero-knowledge proof system, providing a recovery method for the quantum-vulnerable Bitcoin proposed to be frozen under BIP-361, including the Bitcoin held by Satoshi Nakamoto.The solution leverages the property that quantum computers can break elliptic curve signatures but cannot break the one-way hash used in modern wallet key derivation, allowing the true owner holding the seed material to prove control. Benchmark tests show that the Project Eleven prototype is significantly faster than previous solutions, but the prototype has not yet been audited and is incomplete. It requires controversial modifications to blockchain rules before it can protect existing Bitcoin on the chain.

According to Bits.media, Kaspersky security researchers have discovered new malware OkoBot, which steals cryptocurrency wallet recovery phrases and credentials through about 20 modules. Attackers use ClickFix social engineering techniques to trick users into executing malicious commands and spread the malware through GitHub repositories disguised as legitimate tools like SQL Server Management Studio.OkoBot's modules include: SeedHunter, which injects into hardware wallets like Trezor and Ledger, displaying a fake interface when recovering recovery phrases; MC Keylogger, which records keyboard and clipboard activity; and OkoSpyware, which tracks wallet passwords and records window videos.Once attackers obtain the recovery phrases, they can gain complete control over the victim's cryptocurrency assets, making it nearly impossible to recover the funds. Kaspersky stated that OkoBot has been active for over a year, with most victims located in Brazil, Vietnam, Canada, Mexico, and Turkey. Attackers have also implemented geographical blocking on IP addresses from Russia and CIS countries.

U.S. asset management giant T. Rowe Price announced the launch of an actively managed cryptocurrency ETF $TKNZ, providing investors with exposure to various digital assets. The ETF portfolio includes cryptocurrencies such as Bitcoin ($BTC), Ethereum ($ETH), XRP ($XRP), Solana ($SOL), and Hyperliquid ($HYPE).Unlike traditional passive cryptocurrency ETFs, TKNZ employs an active management strategy, allowing fund managers to dynamically adjust the asset allocation based on market conditions, asset performance, and risk factors, aiming to capture opportunities in the digital asset market and control volatility risk. T. Rowe Price's entry into the actively managed cryptocurrency ETF space further reflects that large asset management firms on Wall Street are accelerating their layout of digital asset investment products. As spot Bitcoin and Ethereum ETFs gain market recognition, the demand from institutional investors for multi-asset cryptocurrency investment tools is continuing to rise.

According to official news, OneBullEx has launched U-based stock and index-related contracts such as QQQUSDT, NVDAUSDT, TSLAUSDT, AAPLUSDT, MUUSDT, WDCUSDT, and SPCXUSDT. The related products support both full margin and isolated margin models.This round of new products covers multiple key tracks in the global innovation industry. QQQ provides an overall perspective on large technology and growth sectors, with Nvidia, Micron Technology, and Western Digital corresponding to AI computing power, memory, and data storage infrastructure. Apple and Tesla cover smart terminals, automation, and energy technology, while the addition of SPCXUSDT extends the platform's global asset coverage to commercial aerospace, satellite connectivity, and space infrastructure.This new launch allows OneBullEx to increase its offerings of global technology companies and index-related products beyond cryptocurrency assets. OneBullEx stated that it will continue to expand global asset coverage around the development direction of AI-native financial exchanges and explore the long-term application of AI intelligent trading capabilities in more asset and market scenarios.

According to The Block, the South Korean Ministry of Economy and Finance is formulating a basic law for asset management of state-owned assets, aimed at effectively managing new asset classes including cryptocurrencies.

TxFlow L1 announces the launch of its second Channel Probly, which is the first prediction market application developed based on the TxFlow Improvement Protocol 3 (TIP3). When Probly goes live, it will offer 172 real-time markets covering over 7,000 events, including continuous rolling markets with a minimum duration of 5 minutes, and supports full on-chain settlement and TxFlow L1 shared financial infrastructure.Probly covers 15 categories including politics, sports, crypto, finance, and geopolitics, and provides prediction markets related to BTC, ETH, SOL, and XRP price trends for 5 minutes, 15 minutes, 1 hour, and 4 hours. Users can access Probly through an email-based embedded wallet without managing mnemonic phrases, and can also connect compatible wallets such as MetaMask, Coinbase Wallet, Phantom, and Uniswap Wallet. Eligible settlement amounts will be automatically credited in USDC after the event resolution, without the need for separate claims.

Binance co-founder He Yi stated on social media that since 2021, Binance has helped users recover over $8 billion in erroneous cryptocurrency transfers.

According to Jinshi reports, the Joint Maritime Information Center led by the U.S. Navy stated that the maritime blockade implemented by the U.S. covers the entire coastline of Iran, including but not limited to various ports and oil terminals in Iran.

According to the latest "Bitcoin Weekly Market Pulse" report published by glassnode, although BTC has rebounded after a recent sell-off, this round of increase is still closer to a "volume contraction recovery." The report shows that the weekly spot trading volume decreased by 21.5% to $4.1 billion, and the spot CVD turned from positive to negative at -$58.8 million, indicating that the breadth of market buying remains weak.In terms of institutional funds, the weekly net inflow of the US spot BTC ETF has recovered to $161.3 million, but ETF trading volume still decreased by 11.97% to $8.4 billion. On-chain data shows that the number of active addresses decreased by 7.6% to 599,000, on-chain transfer volume decreased by 16.1% to $4 billion, and total fees decreased by 13.9% to $168,400, indicating that on-chain activity continues to weaken.In terms of derivatives, the futures funding rate increased by 13.4% to $1.9 million, but the perpetual contract CVD plummeted by 81.7% to $83.9 million; at the same time, the options market 25-Delta Skew rose to 18.87%, indicating that investors still maintain strong demand for downside protection during the rebound process.

According to CoinDesk, the Ethereum Foundation recently disclosed that its security team used AI agents to test the software running on Ethereum validator nodes and successfully discovered a remotely triggerable vulnerability that could cause node crashes. However, researchers emphasized that human review remains a key step in distinguishing real vulnerabilities from false positives among the large number of security reports generated by AI.It is reported that the discovered vulnerability exists in the Ethereum network message propagation protocol gossipsub, where an attacker can remotely trigger the node software to enter an abnormal computation state, causing the program to crash and shut down, making the validator node go offline until the operator manually restarts it. This vulnerability has been fixed and registered under the identifier "CVE-2026-34219."Nikos Baxevanis, a member of the Ethereum Foundation's protocol security team, stated that what was truly surprising about this incident was not the AI's ability to discover vulnerabilities, but rather the amount of time the team spent discerning which vulnerabilities were real and which were merely seemingly credible "illusions."

Bloomberg ETF analyst Eric Balchunas stated that the alternative asset management firm Subversive Capital has submitted applications for two actively managed prediction market ETFs, including the Subversive Prediction ETF and the Subversive All Season Sports ETF.The related funds are expected to place bets on approximately 30 to 50 events across different prediction markets, covering areas such as macroeconomics, politics, weather, and sports events. Balchunas described it as the "degen Peter Lynch."

According to Decrypt, researchers from Tel Aviv University, the Technion - Israel Institute of Technology, and Intuit have discovered a new type of attack method called "adversarial illusion injection." This technique exploits the illusion phenomenon of AI models to trick AI agents into downloading malicious code and potentially forming a botnet.Attackers predict the false resource links that AI models might generate and register them in advance, embedding malicious instructions within. When the AI agent retrieves the resource, it treats it as legitimate content and executes it. Tests show that the illusion occurrence rate in code repository cloning scenarios reaches 85%, and in skill installation scenarios, it reaches 100%. AI coding assistants such as Cursor, GitHub Copilot, Gemini CLI, and OpenClaw are all affected. This attack is similar to "typo-squatting" in traditional cyberattacks, but it targets the errors of AI models rather than human input errors. Previous research has shown that malicious websites can inject prompts to hijack AI agents, and OpenClaw users have reported over 6,000 attempts to trick AI agents into leaking sensitive information.

According to Protos, prosecutors in Wisconsin and New York have expressed dissatisfaction with the stablecoin issuer Circle, citing that Circle has repeatedly hindered law enforcement's attempts to recover stolen funds. Law enforcement agencies in various locations have sought Circle's cooperation to help victims of fraud and hacking incidents recover losses by destroying and reissuing USDC tokens, but Circle has refused these requests based on policy positions.Circle believes that modifying the blockchain ledger to reverse transactions would undermine the fundamental attributes of the USDC stablecoin and set a dangerous precedent for the entire cryptocurrency industry. This position highlights the deep-seated conflict between the immutability of blockchain and law enforcement needs. Prosecutors argue that Circle, as a regulated stablecoin issuer, should bear more social responsibility, while Circle insists on upholding the core principles of blockchain technology, making it difficult for both sides to bridge their differences on this issue in the short term.

The Ethereum Foundation Protocol Security team researchers stated in a blog post on Thursday that a series of AI agents have been deployed to test the software relied upon by Ethereum, searching for vulnerabilities in the cryptographic systems, protocol code, and smart contracts. The vulnerabilities discovered by the AI agents include a remotely triggerable panic issue in the peer-to-peer layer libp2p gossipsub used by the Ethereum consensus client, which has been fixed and disclosed on GitHub as CVE-2026-34219.The researchers noted that the AI agents are organized into specialized roles such as reconnaissance, searching, patching, and verification, aimed at identifying potential attack paths, reproducing failures, and verifying their applicability to production code. The Ethereum Foundation stated that AI has not replaced security researchers but has changed the way they work, allowing the team to cover a much broader scope than manual reviews, although researchers need to exercise more careful judgment over a large number of seemingly credible conclusions.

According to a report by the International Consortium of Investigative Journalists (ICIJ), the stablecoin issuer Circle has been criminally charged by the Wisconsin state prosecutor for refusing to comply with a court order to assist in recovering funds for fraud victims.A victim in Wisconsin was defrauded of approximately 381,000 USDC, and the court issued a warrant last December requiring Circle to transfer frozen assets to law enforcement wallets, but Circle refused to comply, citing "technical inability to destroy and reissue tokens."The New York state prosecutor had previously sent a letter to the U.S. Senate, accusing Circle of repeatedly refusing asset freeze requests without a warrant and questioning its motives—Circle currently holds at least 119 million frozen USDC, which can continuously earn interest.In response, Circle denied the allegations, stating that the Wisconsin court lacks jurisdiction, and indicated that it has reached a preliminary agreement with federal prosecutors regarding a compensation mechanism for victims. Cryptocurrency tracking experts pointed out that Circle could fully implement token destruction and reissuance by updating its code, casting doubt on its claim of technical incapacity.

According to The Block, the European Union is considering revising its Markets in Crypto-Assets Regulation (MiCA), just about a week after this crypto regulatory framework fully came into effect. The European Commission is seeking feedback from relevant stakeholders, with a deadline of September 30.According to several anonymous sources familiar with the matter, the European Commission is assessing whether to expand the regulatory scope of MiCA to include emerging areas such as tokenization and non-EU stablecoin issuers.MiCA is a comprehensive regulatory framework established by the EU for crypto assets, aimed at creating unified rules for the issuance, trading, custody, and other related services of crypto assets across the EU. The regulation officially comes into effect in December 2024, but most service providers have been granted a transition period to complete compliance adjustments, which lasts until July 1 of this year.

According to official news, the cryptocurrency trading platform AscendEX has announced that it will cease operations, attributing the reasons to the current market environment and the impact of the EU's Markets in Crypto-Assets Regulation (MiCA).In response, on-chain detective ZachXBT pointed out that AscendEX's public hot wallet currently lacks sufficient liquid assets to cover the verified withdrawal demands of users amounting to millions of dollars. Affected users are advised to report to law enforcement and regulatory authorities in their respective countries or regions to hold AscendEX co-founder George (Jing) Cao accountable.

According to Jinshi reports, Wells Fargo has initiated coverage on SpaceX (SPCX.O) with an overweight rating and a target price of $230.

According to Jinshi reports, Goldman Sachs announced the launch of coverage research on SpaceX (SPCX.O), giving the company a "Buy" rating with a target price set at $205.