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According to ChainCatcher, citing a report from Cointelegraph, Robbie Mitchnick, Head of Digital Assets at BlackRock, stated that most clients of the world's largest asset management company do not consider Bitcoin's widespread use in daily payments when deciding whether to invest in it. In a podcast interview released on Friday, Mitchnick said: "I think, for us and for most of our clients today, they are not really investing based on the global payments network use case." He described the possibility of Bitcoin being widely used for daily payments in the future as "potentially an out-of-the-money-option-value upside." Mitchnick emphasized that this does not mean Bitcoin will never achieve widespread payment use, but he called this scenario "more speculative," and highlighted that investors are currently more focused on the narrative of Bitcoin as "digital gold" or a store of value. He believes that for a shift to payment use cases to occur, "a lot more needs to happen," including the development of technologies such as Bitcoin scaling and Lightning.

According to a report by Jinse Finance, on-chain analyst Yujin monitored that three hours ago, a hacker exploited a vulnerability in the PORT3 bridge to mint an additional 1 billion PORT3 tokens and dumped them on-chain, causing the price of PORT3 to drop by 76%. The hacker sold 162.75 million PORT3 tokens in exchange for 199.5 BNB, worth $166,000. Subsequently, the PORT3 project team removed on-chain liquidity, and some centralized exchanges suspended PORT3 deposits. Forty minutes ago, the hacker destroyed the remaining unsold 837.25 million PORT3 tokens.