Cryptocurrency concept stocks in the US stock market generally fell, with RIOT dropping nearly 4.65%

Robinhood CEO Vlad Tenev stated that hackers used social engineering to attack X customer support and bypass 2FA verification, resulting in the theft of their X account and the posting of false memecoin content. （Cointelegraph）

The CEO of Bitwise announced on X platform that one of the world's largest wealth management companies has opened the Bitwise Solana Staking ETF BSOL to its advisors and clients.

According to Cointelegraph, Bitcoin fell below the key support level of $63000, hitting a near 10 day low, due to the sharp decline in Asian chip stocks and pressure on the US technology sector. The global technology stock sell-off has spread to the US market, and the adjustment of technology stocks is due to investors' concerns about the return on investment in AI infrastructure. The market questions the sustainability of capital expenditures and AI investment returns of large-scale cloud computing enterprises.

Uzbekistan has officially launched its first tax-free cryptocurrency mining area, Besqala Mining Valley, offering tax exemptions until 2035 and charging miners a 1% income fee and twice the electricity bill. （Cointelegraph）

Strategy founder Michael Saylor stated that the biggest challenge for Bitcoin in the future is the internal erosion of consensus rules. Michael Saylor believes that the Bitcoin consensus rules are like a constitution, and any modification of the rules is a violation of the economic rights of participants. Michael Saylor named BIP-110 and other proposals, stating that they undermine protocol neutrality, weaken block space scarcity, and increase security risks. Michael Saylor calls for keeping the Bitcoin base layer simple, neutral, scarce, and secure, leaving innovation in the second and application layers.