Odaily Planet Daily reports that YZi Labs issued a statement regarding the proposed amendments to the asset management agreement signed with 10X Capital Asset Management LLC by the CEA Industries (BNC) board, strongly denying any obstruction of the amendments and accusing the BNC board of "distorting facts and misleading shareholders." Alex Odagiu, an investment partner at YZi Labs, stated that the board acknowledges the need to "reduce management fees, shorten the term, and optimize termination clauses" in the asset management agreement, but claims that the delay in the amendments is due to YZi Labs and a so-called "secret side agreement" are blatant fabrications. YZi Labs demands that the BNC board immediately and publicly retract its false accusations regarding the "secret side agreement" and "YZi Labs' obstruction of the amendments," ensure that directors associated with 10X recuse themselves from related discussions and decisions, and fully disclose the proposed amendments and the final agreement text to all shareholders before signing. YZi Labs also reserves the right to take further legal action against current board members and will continue to pursue the board's disclosure responsibilities. (Globalnewswire)

Odaily Planet Daily reports that Wang Chun, co-founder of F2Pool, responded to recent cyclical fluctuations in the crypto market in an article published on the X platform. He stated that Ethereum fell to $1386 in April 2025, but rebounded to $4956 just four months later. He emphasized that the market is cyclical, and investors should not be swayed by short-term panic. Previously, Wang Chun also pointed out that the Proof-of-Work (PoW) mechanism is the "constitution" of Bitcoin, and the mining mechanism and the core role of miners in Bitcoin network governance should be respected. Without the support of miners, Segregated Witness (SegWit) would be difficult to activate, and the Lightning Network would be difficult to implement. Miners are an important force in maintaining the security and stability of the Bitcoin network and have played a key role in many controversial events, including the hash power game surrounding Bitmain, Roger Ver's fork stance, the Satoshi Nakamoto identity controversy caused by Craig Wright, and the BIP-110 proposal, which was regarded as a farce by some communities.

Odaily Planet Daily reports that X Developers has released a major update aimed at combating AI-generated spam. Programmatic replies via POST/2/tweets will be restricted; they will only be allowed when the original author mentions or quotes the tweet. Non-replies will remain unchanged but will not be allowed to be sent programmatically. This restriction applies to Free, Basic, Pro, and Pay-Per-Use account types. Enterprise and Public Utility accounts are unaffected. Previously, Nikita Bier, X Product Manager and Solana Consultant, stated that they would utilize "all available tools and strategies" to combat bot accounts and undisclosed AI-generated content accounts.

According to Arkham's monitoring, BlackRock has just deposited 1,514 BTC (approximately $95.69 million) and 24,472 ETH (approximately $44.57 million) into a Coinbase Prime address, and further deposits may follow.

Odaily Planet Daily reports that the U.S. Securities and Exchange Commission (SEC) has announced that its Division of Investment Management has issued an exemption order for the WisdomTree Treasury Money Market Digital Fund, a tokenized money market fund. Under this exemption, investors can buy and sell units of the money market fund (MMF) through dealers at a price of $1 per unit during trading hours, without being limited by its daily closing net asset value (NAV). The fund issues tokenized units on the blockchain. This regulatory exemption allows investors to continuously trade tokenized fund units with dealers during trading hours and achieves faster settlement speeds than traditional methods. The SEC added that this move provides flexibility for tokenized fund products to operate under the current regulatory framework, helping to improve trading efficiency and settlement experience.