According to a report by Iran's Mehr News Agency on the 25th, Iranian Parliament member Behnam Saeidi stated that Iran has formulated a comprehensive plan for managing the Strait of Hormuz. In an interview with Mehr News Agency, Saeidi said that a key aspect of the plan is that in all correspondence and commercial documents, only the name "Persian Gulf" will be recognized, and no other name will be accepted. Ships and vessels navigating within the area must obtain permission from Iran. Sovereignty over the Strait of Hormuz will be entirely in Iranian hands. He also stated that ships from countries deemed hostile by Iran's Supreme National Security Council or the General Staff of the Armed Forces will be prohibited from passing through the Strait of Hormuz, and Israeli ships are absolutely prohibited from passing through the area. Ships passing through the area must pay relevant fees for security, environmental protection, shipping management, and permit issuance, with payment primarily in rials. (Xinhua)

In the past hour, total liquidations across the network reached $11.56 million, with $9.90 million from long positions, with $1.66 million from short positions. BTC liquidation $270,620.03, ETH liquidation $272,278.98.

According to Huoxun Finance, the lending protocol Purrlend suffered an attack on the MegaETH and HyperEVM networks, resulting in a total loss of approximately $1.52 million. The attackers withdrew approximately $1.2 million worth of assets from the HyperEVM network, including 449,683 USDC, 214,125 USDT, 194,745 USDH, as well as some UBTC, wstHYPE, UETH, kHYPE, and WHYPE. The attackers also withdrew approximately $324,000 worth of assets from the MegaETH network, comprising USDT, WETH, and USDm. Purrlend has suspended operations and launched an investigation. The attacker's address has been identified in the block explorers of both networks.

According to Huoxun Finance, AI large-scale model company DeepSeek is in talks with Tencent and Alibaba for a total funding round of $1.8 billion, valuing the company at approximately $20 billion after the round. The deal is not yet finalized, and neither DeepSeek, Tencent, nor Alibaba have publicly confirmed the news. Sources familiar with the deal revealed that DeepSeek's primary reason for this funding round is a significant talent drain, with several core researchers leaving to join ByteDance, Tencent, Xiaomi, and autonomous driving company DeepRoute. The AI large-scale model sector is currently highly competitive, with rivals like Zhipu Technology and MiniMax already listed on the Hong Kong Stock Exchange. Moonlight Technology completed three rounds of financing in the first three months of this year, with its valuation more than quadrupling since the end of last year. Market analysts believe that Tencent and Alibaba's investment in DeepSeek will help the two giants diversify their AI strategy and deepen cooperation between them and DeepSeek at the model and product levels.

According to Odaily Planet Daily, the lending protocol Purrlend suffered an attack on the MegaETH and HyperEVM networks, resulting in a loss of approximately $1.52 million. The attackers withdrew approximately $1.2 million worth of assets from the HyperEVM network, including 449,683 USDC, 214,125 USDT0, 194,745 USDH, and some UBTC, wstHYPE, UETH, kHYPE, and WHYPE. The attackers also withdrew approximately $324,000 worth of assets from the MegaETH network, including USDT0, WETH, and USDm. Purrlend has suspended the protocol and launched an investigation. The attacker's address has been identified in the block explorers of both networks.