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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.

According to Jinshi reports, Bernstein has initiated coverage on SpaceX (SPCX.O) with an "Outperform" rating and a target price of $239.

Strategy Investor Relations Director Chaitanya Jain stated that STRC is gradually recovering after a brief fluctuation.He mentioned that the company's goal is to maintain STRC's long-term trading price in the range of $99 to $100, and it will support this through variable dividend rates, continuous increases in dollar reserves, improving Bitcoin ratings, removing convertible bonds, implementing stock buybacks, and functional upgrades.

According to official news, the stablecoin protocol Reflect, supported by a16z, announced the launch of an independent voluntary recovery plan for USDC+ position holders affected by the Drift (now Velocity) April hacking incident: a 180-day window is now open, during which holders can voluntarily sell their positions to Palindrome Engineering at a price of 0.2 USDC + 80 Reflect Credit (RC) per unit, with complete on-chain settlement.The plan is funded in advance by Palindrome and is completely independent of the Drift recovery process. Participation means waiving the right to pursue claims against Drift in exchange for immediate certainty of liquidity; those who do not participate can still support Drift's DFX recovery channel.

According to Jinshi reports, Wedbush has initiated coverage of SpaceX (SPCX.O) with an "Outperform" rating and a target price of $190.

According to The Block, Sovright (the nonprofit successor organization related to Electric Coin Company for Zcash development) has officially released a wallet recovery tool named "Argos," aimed at helping early Zcash users recover funds that have been "stuck" due to the discontinuation of the old version of ZEC Wallet Lite in 2022.Sovright's Executive Board Chair Michelle Lai stated that Argos can recover affected assets as long as users still hold the old wallet mnemonic phrases, but since it only involves specific shielded addresses, the scale of the impact cannot be precisely estimated. However, it is estimated that the "amount is considerable," primarily concentrated among early long-term holders.She referred to the issue as a "technical pitfall" that the community has long failed to address, which, although not prominent, continues to erode user trust. Sovright currently consists of only three core members, all from the former Bootstrap system. The team is also testing a privacy-focused Zcash mining pool to reduce hash power centralization and enhance network decentralization.The governance structure of the organization has undergone significant adjustments, with Electric Coin Company employees collectively leaving to establish a new entity, Zcash Open Development Lab (ZODL), which has received support from institutions such as Paradigm and a16z, focusing on the development of Zcash-related products.Sovright emphasizes that there is no antagonistic relationship with ZODL and states that it will continue to focus on solving "long-standing issues" in the Zcash ecosystem, including key pain points such as wallet usability and infrastructure stability.

According to Jinshi reports, the Chicago Mercantile Exchange (CME) Group's new products will include standard contracts and micro contracts for more than 50 leading U.S. stocks, specifically including 55 larger contracts and 22 micro futures contracts.The tradable underlying assets include Alphabet, Amazon, Apple, Meta, Nvidia, and SpaceX.

The leveraged prediction market OmenX officially launched a $3 million prize pool World Cup Carnival event today. This event will focus on the knockout stage of the World Cup, covering multiple gameplay options such as combo predictions, sports-themed tasks, user sharing, and World Cup rewards, further enhancing user participation and interaction in the sports prediction market.OmenX stated that as the World Cup enters the knockout stage, the uncertainty of the matches increases, with situations such as extra time, penalty shootouts, and popular teams being eliminated making users more concerned about capital efficiency, position management, and risk control. The World Cup Carnival event will combine OmenX's leveraged prediction market products to help users make more flexible predictions and participate around the knockout stage progression paths, championship outcomes, and popular matches.It is reported that OmenX has recently launched a new sports page and introduced several themed activities around the World Cup. This $3 million prize pool World Cup Carnival will become one of the key events on the platform during the World Cup stage, with more event details to be gradually announced through OmenX's official channels.

According to Bloomberg, the Commodity Futures Trading Commission (CFTC) is conducting a broad investigation into the prediction market platform Polymarket, covering its business activities including social media operations.Previously, The Wall Street Journal reported that Polymarket hired dozens of social media creators, primarily of college age, to create fake trading videos to attract users. This investigation encompasses other aspects of the company's business. The CFTC and the Department of Justice concluded an investigation last year into whether Polymarket violated the ban on U.S. users, but some U.S. users still access its main platform by circumventing the ban through VPNs and other means.Since reaching a settlement with the CFTC in 2022, Polymarket has technically prohibited U.S. users from using its main platform, but the company is taking steps to reintroduce its main exchange to the U.S. and is cooperating with the CFTC to lift the ban. Senators Adam Schiff and John Curtis sent a letter to the CFTC last Thursday, requesting confirmation of whether an investigation into Polymarket's advertising practices is ongoing and inquiring how the agency has prevented Polymarket from attracting U.S. users since the 2022 action.

Regarding the digital credit capital framework announced by Strategy, the Ethereum treasury company BitMine (NYSE: BMNR) commented that this framework consolidates the structural relationship between capital markets and Bitcoin, which should enhance investor confidence in the Strategy approach.BitMine believes that investor concerns typically only arise during Bitcoin downturns; if the Bitcoin price were at $100,000, few would question the strategy. Therefore, Strategy needs to prove that it has enough capital to withstand downturn cycles; raising the capital buffer to over 26 months is a wise move. According to its calculations, since 2009, with a rolling period of 36 months, the probability of negative returns for Bitcoin is less than 0.8%, and a reserve size of 26 months is sufficient for Strategy to safely navigate such fluctuations.

The Hyper Foundation announced that it will provide approximately $10 million in grants to developers affected by the USDH exit, to cover migration costs and support an orderly transition of the ecosystem. This round of funding will be allocated to affected HIP-1 spot deployers, HIP-3 perpetual contract deployers, HyperEVM protocol, USDH:USDC cross-chain bridge, and other ecosystem participants.Among them, migration grants are aimed at teams migrating USDH-related markets or deployments to USDC; while exit grants are for projects that choose to terminate USDH-related businesses, with amounts lower than equivalent migration plans, to encourage a smooth conclusion of the ecosystem. HIP-1 and HIP-3 grants are based on auction deployment cost estimates, while HyperEVM grants are assessed based on the scale of USDH TVL affected. All beneficiaries must complete migration or business closure by the end of July.On the user side, USDH holders need to operate according to the guidelines of each protocol and can complete the exchange to USDC through the spot market or HyperEVM path. The official has provided support for asset conversion with no fees or spot trading channels. The Hyper Foundation also stated that the USDH migration is progressing smoothly, thanks to the active cooperation of developers and the community, and expressed gratitude to the relevant builders.