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According to a report by Jinshi citing Reuters, a notice to crew members indicates that the U.S. military has stated that any vessels entering or leaving the blockade zone without authorization will be intercepted, redirected, and seized. The blockade measures apply to all maritime traffic, regardless of the flag flown. The blockade will be implemented in the Arabian Sea east of the Gulf of Oman and the Strait of Hormuz.

In the early morning of the 7th local time, Iranian sources cited unnamed sources stating that an explosion occurred in the Jubail Industrial City in northeastern Saudi Arabia, which was subjected to a large-scale attack involving American capital.Reports indicate that the Jubail Industrial City is one of the world's important petrochemical production bases, with an annual output of approximately 60 million tons of petrochemical products, accounting for 6% to 8% of global total production. The area is home to several large petrochemical companies and projects. Among them, Saudi Basic Industries Corporation is one of the main investors in this industrial area. Additionally, the Sadara project, which involves American company Dow Chemical, and projects jointly invested by Saudi Aramco and French TotalEnergies are also located in this industrial area.

According to the Wall Street Journal, energy analysts warn that if the Houthi armed group in Yemen resumes attacks on shipping in the Red Sea, the oil market could face even more severe turmoil. Renewed attacks could cut a significant amount of oil from global supply and drive up oil prices. Saudi Arabia has been transferring as much crude oil as possible from the Persian Gulf to its Red Sea port of Yanbu, with cargo primarily heading to Asia from there. Although this has not fully offset the amount of oil that cannot pass through the Strait of Hormuz, it has helped limit the rise in global oil prices.Analysts indicate that if Houthi attacks make it too dangerous for tankers to approach Yanbu, up to several million barrels of crude oil could be stranded in the Middle East each day. At that point, Saudi Arabia may be forced to cut production alongside Kuwait and Iraq.

According to market news, Saudi Arabia announced a 30-day permit exemption for vessels in the Persian Gulf.

Bitget has launched the "Crypto Anti-Bias Pledge" as an important part of its International Women's Day series of activities. This initiative focuses on three core areas: lowering educational and industry entry barriers, promoting equal career development opportunities, and implementing a "zero tolerance" policy against discrimination and harassment in professional and community environments.Bitget CEO Gracy Chen stated that through the Blockchain4Her public welfare program, which has established a special fund of $10 million, Bitget is driving industry improvement through educational collaboration and corporate governance practices. The platform has partnered with UNICEF to provide blockchain and digital skills training to 300,000 young people globally, with an expected female participation rate of 90%.Internally, approximately 40% of executive positions at Bitget are held by women, and a performance-based promotion mechanism has been established. The latest internal assessment shows that several top-performing employees are women, reflecting a talent development culture focused on capability and performance.

The President of the United States, Donald Trump, stated that in response to the drone attack on the U.S. Embassy in Riyadh, Saudi Arabia, and the casualties of U.S. personnel in related conflicts with Iran, retaliatory measures from the U.S. will be announced soon. He also mentioned that there is no need for the U.S. to send ground troops to Iran.The Saudi Ministry of Defense reported on social media that preliminary assessments indicate that two drones struck the U.S. Embassy facilities in Riyadh, causing a small fire and some material damage. Several informed sources stated that the incident occurred early Tuesday morning, and there were no personnel present in the embassy at the time, with no reports of casualties. Black smoke rose over the diplomatic area of Riyadh. The embassy subsequently issued a "shelter in place" notice to American citizens in Riyadh, Jeddah, and Dhahran.Marco Rubio stated at a press conference that the U.S. is facing an "imminent threat," claiming that the U.S. is aware of Israel's plans to take action against Iran and anticipates that Iran may retaliate by attacking U.S. targets. Mike Johnson, after receiving a confidential briefing, stated that the U.S. is advancing a "limited scope, limited target, but absolutely necessary for defense" operation, and it is expected to conclude soon.In addition, U.S. and Israeli airstrike operations against Iran continue to expand, with Israel targeting Hezbollah positions within Lebanon, while Iran continues to launch missile and drone attacks against Gulf countries hosting U.S. troops.

According to Jinshi News, Stefan Mellin of Danske Bank stated in a report that after Trump's nomination of Walsh as the Federal Reserve Chairman, the short-term risk balance has shifted in favor of a stronger dollar. This nomination seems to alleviate market concerns about the potential threat to the Federal Reserve's independence and has prompted a partial unwinding of the political risk premium in the dollar. He pointed out that the dollar's sell-off in late January was mainly due to the political risks arising from the unpredictability of U.S. policies, so the easing of short-term political uncertainty may create a tactical window for a dollar rebound.

Ripple announced a partnership with Riyad Bank's innovation department, Jeel, a major financial institution in Saudi Arabia. The two parties will collaborate through a Memorandum of Understanding (MoU) to jointly explore the application scenarios of blockchain technology in the Saudi financial system. The focus of the cooperation includes cross-border payments, digital asset custody, and asset tokenization, with the related exploration aimed at supporting Saudi Arabia's "Vision 2030," modernizing financial infrastructure, and reducing reliance on the oil economy.Reece Merrick, Managing Director of Ripple Middle East and Africa, stated that this partnership reflects the institutional-level interest of large financial institutions in Saudi Arabia in blockchain infrastructure. Riyad Bank is one of the largest banks in Saudi Arabia, with assets exceeding $130 billion by mid-2025, playing a significant role in the national financial system.At the same time, the Middle East is gradually becoming an important market for digital asset innovation, with the UAE leading in regulatory clarity and institutional participation. Ripple continues to strengthen its presence in the Middle East, with its institutional-grade stablecoin Ripple USD (RLUSD) having received relevant regulatory approval and being traded on several mainstream platforms.

According to CriptoNoticias, Colombia's second-largest pension fund manager, AFP Protección, plans to launch a Bitcoin exposure fund for long-term asset allocation and diversification, rather than short-term speculation.The product will be available to investors who meet risk assessment criteria through a personalized investment advisory process, allowing them to allocate only a portion of their portfolio to Bitcoin. Protección manages the assets of approximately 8.5 million clients, covering mandatory pensions, voluntary pensions, and severance accounts, with assets under management exceeding 220 trillion Colombian pesos (about 55 billion USD).

The Colombian National Tax Authority DIAN, through Resolution No. 000240, requires local cryptocurrency service providers to collect and submit detailed user and transaction data.The reported information includes account ownership details, transaction volumes, number of transfers, market value, and net balances. This regulation applies to both domestic and foreign exchanges and intermediaries providing services to Colombian residents or taxpayers, aiming to enhance transparency in the digital asset sector and combat tax evasion. The first complete report for the 2026 tax year will be submitted by the last working day of May 2027. Failure to comply with the regulations or submit accurate data may result in fines of up to 1% of the unreported transaction amount.

According to Xinhua News Agency, the Director of the Office of the President of Colombia, Angie Rodriguez, announced on the evening of the 3rd that Colombia requested an emergency meeting of the United Nations Security Council on the 5th and proposed to hold a special meeting of the Permanent Council of the Organization of American States to address the impact of the changes in the situation in Venezuela on regional stability.

The Hong Kong Securities and Futures Commission announced that "Koinex" and "Globiance X Limited / Globiance HK Limited" have been included in the warning list of suspicious virtual asset trading platforms. The Hong Kong SFC stated that "Koinex" and "Globiance X/Globiance HK" both promote the operation of virtual asset trading platforms and are suspected of conducting unlicensed activities. In addition, some investors have reported difficulties in withdrawing assets from "Globiance X/Globiance HK".

The Hong Kong Securities and Futures Commission announced that "Coco" and "Globiance X Limited / Globiance HK Limited" have been included in the warning list of suspicious virtual asset trading platforms. The Hong Kong SFC stated that "Coco" and "Globiance X/Globiance HK" both promote the operation of virtual asset trading platforms and are suspected of conducting unlicensed activities. In addition, some investors have reported difficulties in withdrawing assets from "Globiance X/Globiance HK".

The 17th major upgrade of Ethereum, "Fusaka," has been successfully launched recently. This upgrade introduces a data sampling technology called "PeerDAS," which will significantly enhance Layer 2 network performance and reduce transaction costs. Consensys stated that Ethereum plans to shift from an annual upgrade to an accelerated development pace of "two hard forks per year."Fusaka also brings improvements such as block capacity expansion, native device signature support, and enhanced zero-knowledge proof efficiency. It is expected that by 2026, Ethereum will launch its next major upgrade named "Glamsterdam."

Lily Liu, the chair of the Solana Foundation, posted on social media criticizing The New York Times for its reporting on innovation and artificial intelligence, which she claims has a clear ideological bias. Liu stated that The New York Times portrays innovation and wealth creation as "predatory" and "oppressive," while in reality, artificial intelligence is a significant driving force in global capital markets and a key element of national strategy.This statement supports David Sacks' rebuttal of The New York Times' allegations of conflicts of interest during his tenure as the White House's head of artificial intelligence and cryptocurrency. Several industry insiders have also questioned the credibility of The New York Times' reporting, suggesting that it has become the "left-wing version of Page Six."

According to ChainCatcher news, as reported by Bitcoin News, today 15,965 bitcoins related to sanctioned wallets were transferred, still controlled by the leader of the criminal group Prince Group, Chen Zhi, marking the first on-chain transfer after three years.It is worth noting that this portion of bitcoins does not belong to the 127,000 BTC that the United States announced last week it had seized from its operations.

According to ChainCatcher's message and monitored by OnchainLens, the stolen mining pool Lubian wallet address has once again made large transfers, sending a total of 15,959 bitcoins to 4 different addresses, worth approximately $1.83 billion.The specific transfers are as follows:Transferred 4,999 BTC (approximately $539.76 million) to address bc1qs8;Transferred 4,999 BTC (approximately $539.76 million) to address 3JX2dH;Transferred 3,424 BTC (approximately $369.7 million) to address 1cpnxU;Transferred 2,535 BTC (approximately $274.36 million) to address 1G9FZS.

ChainCatcher news, according to Coindesk, British Columbia, Canada, has announced a permanent ban on new cryptocurrency mining projects connecting to the grid to ensure the power supply for industries that can create jobs and public revenue.As the third-largest province by population in Canada, this measure was included in the comprehensive legislative and regulatory reform plan announced by the provincial government on Monday, which also sets new electricity usage limits for data centers and artificial intelligence companies. The government will implement several regulatory policy adjustments in the fall of 2025, permanently banning new cryptocurrency mining projects from connecting to the British Columbia Hydro grid to maintain the province's power supply and avoid grid overload.The provincial government stated in an announcement on its official website.

ChainCatcher message, encrypted KOL @chaowxyz analyzed how 120,000 BTC from Lubian was stolen. In simple terms, a Bitcoin private key is a combination of 256 bits of 0s and 1s. Generating a private key is easy: flip a coin 256 times, record the heads and tails, where heads is 0 and tails is 1, and that’s a private key. If two people get the exact same results, they will have the same key. The latter person can then directly access the former person's wallet. However, the probability of such "luck" is almost zero. Because the possibility of 2 to the power of 256 is greater than the total number of atoms in the universe. The chance of duplication is extremely low. The security of a private key does not come from luck, but from mathematics. But there is a premise behind this: it must be truly random.So how were the 120,000 BTC lost? The problem lies in the random number generator used by the LuBian mining pool to generate private keys—the machine that was supposed to fairly flip coins was broken. It did not randomly select from nearly infinite possibilities but instead acted like a stuck machine, always picking numbers within a very small, patterned range. Hackers discovered the malfunctioning pattern of this machine and easily replicated the private keys it could generate, emptying all corresponding wallets.