Michael Figge: Uga Labs discovers vulnerabilities and conducts white hat rescue, ensuring NFT asset security

Utexo CEO Viktor Ihnatiuk stated that he is in talks with Morgan Stanley regarding the return of USDT to the Bitcoin network and global promotion cooperation. Tether CEO Ardoino expressed support for this. Utexo is based on the RGB protocol and the Lightning Network to carry USDT transfers, and has received a $7.5 million seed round led by Tether.

Andy stated that the US SEC is considering adjusting KYC requirements, allowing users to access tokenized securities on the chain after completing one verification.

[Limit Break Attacked, Approximately $1.7 Million Worth of NFTs Stolen] Blockaid monitoring shows that the Ethereum project Limit Break is under attack. The attacker is exploiting Limit Break Payment Processor V2 to impersonate NFT holders and purchase authorized NFTs at zero cost. Currently, around three transactions have resulted in the theft of NFTs valued at approximately $1.7 million. Users who have previously authorized Payment Processor V2 as an NFT Operator should immediately revoke the related authorization.

[$14.04 Billion BTC and $2.1 Billion ETH Options Expire Today] Today marks the quarterly options expiration, with 167,000 BTC options expiring, carrying a notional value of approximately $14.04 billion. The Put Call Ratio stands at 0.87, with the max pain point at $79,000. Additionally, 789,000 ETH options are expiring, with a notional value of approximately $2.1 billion. The Put Call Ratio is 0.67, and the max pain point is $2,380. These expiring contracts account for 32% and 40% of the total open interest in BTC and ETH options, respectively. (Source: Greeks.live)

CryptoQuant analyst Darkfost stated that long-term holders of Bitcoin currently have realized profits of approximately 72%, far below the interim high of nearly 350% in December 2024. Currently, long-term holders are in a moderate profit redemption phase and tend to continue holding.