According to a report by Iran's Mehr News Agency on the 12th, Haji Babae, Deputy Speaker of the Iranian Islamic Parliament, warned the United States that the Strait of Hormuz is a "red line" completely controlled by Iran, and that passage fees must be paid in rials. The report stated that a majority of members of the Iranian parliament support plans regarding the Strait of Hormuz, and that, according to instructions from the leadership, control of this strategic waterway is non-negotiable under any circumstances. (Xinhua)

According to Huoxun Finance, the total open interest of whales on the Hyperliquid platform is currently $3.787 billion, with long positions accounting for $1.935 billion (51.09%) and short positions accounting for $1.852 billion (48.91%). The overall profit/loss for long positions is -$16.8325 million, while the overall profit/loss for short positions is $26.3044 million. Notably, the whale address 0xa5b0..41 previously went all-in on a 15x leveraged long position in ETH at a price of $2148.7, and this position currently shows an unrealized profit/loss of $4.5427 million.

According to a research report by Bank of America on Friday, the bank lowered its growth forecast for the US by 50 basis points to 2.3% this year, with the direct impact of the war accounting for about three-quarters of the revision. The overall inflation forecast was revised upwards by 70 basis points, with core PCE now expected to reach 3.1% by the end of 2026, 30 basis points higher than previously projected. In the Eurozone, the bank lowered its growth forecast by 60 basis points and raised its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%. (Jinshi)

According to Odaily Planet Daily, market data shows that RAVE continued to rise, briefly breaking through 3 USDT, and is currently trading at 2.82 USDT.

According to Huoxun Finance, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have "deeply shaken" him. He criticized Covenant AI founder Samuel Dare for his actions, saying they have severely damaged the protocol and community, betrayed the trust of investors and users, and apologized to users who suffered losses as a result. Steeves stated that Bittensor was designed to combat greed and selfishness in human nature, promoting AI ownership by all participants through a permissionless mechanism. He emphasized that while this incident exposed system vulnerabilities, it will also prompt the protocol and community to further strengthen their resilience. Regarding future directions, Steeves proposed advancing the "Locked Stake" mechanism, introducing a "time + staking" commitment dimension at the protocol layer to improve transparency and investor protection, reduce similar risks, and pointed out that this solution was originally designed with Samuel Dare's participation. Furthermore, he stated that development related to subnets 3, 39, and 81 will continue to be driven by the community, and the overall functionality and vision will remain unchanged. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently available, and will continue to promote the development of open AI in the future, with plans to train a model with 1 trillion parameters.