According to an announcement by MiniMax Group Inc., as reported by Odaily Planet Daily, the Board of Directors has resolved to explore a preliminary proposal to issue RMB shares, which may involve entering into agreements with professional advisors and consulting with relevant securities or other regulatory agencies. The company has engaged professional advisors to advise on its eligibility for listing on the Science and Technology Innovation Board (STAR Market) and has entered into a tutoring agreement. The proposed issuance of RMB shares will be subject to market conditions and necessary regulatory approvals.

Odaily Planet Daily reports that Gravity Bridge, a cross-chain bridge platform within the Cosmos ecosystem, has confirmed a security incident and has immediately suspended bridging services for investigation. Validators have also been asked to suspend the operation of validator nodes and coordinators. Previously, Gravity Bridge was attacked due to a leaked signing key, resulting in the theft of approximately $5.4 million in assets.

Odaily reports that Argentine authorities have arrested 24 people and seized over $50 million in cryptocurrency assets in a nationwide crackdown on suspected investment fraud. (Cointelegraph)

According to Iran's Mehr News Agency, an explosion was heard on Qeshm Island, Iran. The nature and source of the explosion are currently unknown. (Jin Shi)

Odaily Planet Daily reports that Iranian Parliament Speaker Mohammad Ghalibaf, in his opening remarks at the first session of the third year of the 12th Parliament, stated that diplomatic warriors have absolutely no trust in the words and promises of their enemies. Iran's sole criterion is the attainment of tangible, objective results; only on this basis will Iran fulfill its commitments. Iran will never ratify any agreement until the legitimate rights and interests of the Iranian people are fully guaranteed. (CCTV News)