[The Russia-Ukraine conflict continues to escalate, Ukrainian central bank lowers GDP growth forecast] Russian forces continue to strike targets and port facilities within Ukraine, while Ukraine launches attacks on Russia's Belgorod region. A refinery in Russia's Yaroslavl region has suspended crude oil processing, and the Polish military has confirmed that Russian forces did not violate its airspace. The Ukrainian central bank has lowered its 2026 GDP growth forecast to 1.1%–1.2%. European Commission President Ursula von der Leyen announced €3.3 billion in aid to Ukraine for the procurement of missiles and drones. Russian Foreign Minister Sergey Lavrov stated that Russia-U.S. talks have not achieved substantive results, and the Kremlin noted that new U.S. sanctions make reaching a peace agreement more difficult. (Source: Jintou Data)

DoubleLine Capital CEO Gunak warned that the next US economic recession may lead to a debt crisis, driving the long-term treasury bond bond yield soaring. Gunlak is focusing on low duration assets to protect DoubleLine Capital's funds from the impact of rising interest rates. Gunlak believes that the US government may increase policy intervention, including the Federal Reserve repeating Operation Twist or conducting debt restructuring. Gunlak stated that the budget deficit will reach 12% of GDP, generating approximately $3 trillion in interest expenses annually, which is unsustainable.

The SEC is giving tokenized stocks a regulated U.S. pathway, while keeping trading volumes, access and issuer rights tightly controlled.

[Ondo Finance Co-Founder Kathleen Allman Accused of Cognitive Impairment by Family] Ondo Finance co-founder Kathleen Allman has been subjected to a petition for limited guardianship by her family, accusing her of cognitive impairment and reckless spending, including purchasing a house for $18.5 million and attempting to spend $4 million on a yacht. The lawsuit has triggered a crisis over equity control and corporate governance at Ondo Finance.

Ondo Finance founder Nathan Allman passed away without leaving a will, and his parents inherited the controlling stake and ONDO token, leading to a legal dispute over project control. Founder's mother Kathleen Allman sued interim CEO Ian De Bode, accusing him of attempting to seize control and negotiate a $11 million compensation package. Nathan Allman's sisters and investor David Chen applied for limited custody of Kathleen Allman's share of the estate. Kathleen Allman denied the relevant allegations.