Iran's Islamic Revolutionary Guard Corps calls on Saudi Arabia to end its blockade of Yemen.

According to Bloomberg, the U.S. Department of Justice has announced that Justin Ryan Schmidt, founder of a cryptocurrency investment hedge fund, was sentenced to 37 months in prison for tax evasion after renouncing his U.S. citizenship. The 46-year-old Schmidt was sentenced on Monday local time at a federal court in Austin, Texas, and had pleaded guilty earlier this year. Schmidt previously operated Translunar Crypto LP, a hedge fund focused on crypto investments. Prosecutors stated that he falsely reported less than $5,000 in personal income annually from 2020 to 2022, while actually earning more than $7 million from the fund between 2019 and 2022.

Chairman Tom Lee of Bitmine, the largest Ethereum treasury company, told CNBC in an interview that the cryptocurrency market has "bottomed out."

According to market data from BIT (bit.com), Bitcoin mining firm Ionic Digital’s share price rose 4% on its Nasdaq debut, lifting its market capitalization to approximately $2.332 billion.

Ethereum co-founder Vitalik Buterin has released a new paper introducing the novel cryptographic obfuscation technology Diamond iO. Designed to address the extremely low efficiency of traditional indistinguishability obfuscation schemes, the technique enables programs to run while hiding their internal logic and critical data. While traditional iO offers robust privacy protection, its operational cost is so high it is nearly impractical. Diamond iO, however, leverages more aggressive new cryptographic assumptions to boost computational efficiency from "cosmic-scale time" to "planetary-scale time", bringing it closer to real-world applications. Built on technologies including Attribute-Based Encryption (ABE) and Fully Homomorphic Encryption (FHE), Diamond iO encrypts programs such that users can run the encrypted programs and obtain correct outputs without accessing their internal code or hidden keys. It introduces new input encoding mechanisms and conditional decryption methods, reducing computational complexity while keeping program logic hidden. Its core application scenarios include protecting programs containing private keys, enabling secure software licensing, building trustless cryptographic services, and supporting blockchain and AI systems with stronger privacy protections. However, Diamond iO remains in the early stages of research. Its security relies on new cryptographic assumptions such as All-Product LWE and Evasive LWE, and requires further research for validation. Additionally, the technology still faces efficiency challenges including high computational overhead and circuit depth limitations. Researchers note that by optimizing underlying hash functions, improving homomorphic encryption schemes, and lowering security parameter requirements, Diamond iO is poised to become a key direction in advancing practical program obfuscation technology in the future.

Vida, founder of Formula News, stated on social media that he sold nearly $7 million worth of put options on storage-related stocks today, with most of the contracts set to expire in one month. The current sell-off in the storage sector has at least neared the limit of market sentiment; all top traders are lamenting that they never anticipated such a market move, and the implied volatility of storage stocks is at the historical 100th percentile. The AI revolution remains ongoing, demand persists, and the fundamentals from a month ago have not shifted—this amounts to the same asset trading at a 35-50% discount compared to its price one month prior.

According to Bitget's market data, Brent crude oil has fallen 4.5% intraday, currently trading at $81.98 per barrel; WTI crude oil is down more than 3%, at $78.6 per barrel.