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Project Overview
Score is a decentralized AI computer vision platform based on Bittensor, focusing on sports video analysis, providing real-time video annotation, player scoring and data analysis, supporting fantasy sports, talent mining and betting strategies, and incentivizing miners to optimize AI models.
Hong Kong Monetary Authority Launches Quantum Readiness Index, Banking Industry Scores Only 2.3 Points, Target to Reach Full Score by 2030
According to Cointelegraph, the Hong Kong Monetary Authority (HKMA) recently published a quantum security white paper and launched the industry's first Quantum Preparedness Index (QPI) to assess the banking sector's readiness to address quantum computing security threats. Survey results indicate that the overall QPI score for the banking sector is only 2.3 out of 10, with approximately half of the surveyed institutions yet to formulate formal post-quantum security plans. The HKMA aims for the entire industry to achieve a full score by 2030. The white paper points out that once quantum computers are capable of running Shor's algorithm at scale, they could potentially break existing RSA and elliptic curve encryption systems, thereby threatening the security of financial transaction authorization, authentication, and trust mechanisms.
Approximately $764 million stolen from crypto projects in Q2, with 88.3% involving keys, signers, and infrastructure
in its Q2 2026 Security and Compliance Report, Hacken stated that institutional investors are expanding their due diligence scope from smart contract audits to continuous monitoring, signer control, and incident response preparedness. Among the 1,427 projects it tracked, only 9% had third-party monitoring, and 4% had monitoring, active bug bounties, and security audits simultaneously. The report shows that of the approximately $764 million stolen in Q2, 88.3% involved compromised keys, signers, and infrastructure.Hacken noted that 14 projects attacked in Q2 had previously completed audits, but most of the losses originated from areas outside the scope of traditional smart contract reviews. The report states that the affected components included signing devices, cross-chain bridge validators, backend infrastructure, admin keys, and deprecated but still active old contracts. The sample covered 1,427 projects with a market cap exceeding $1 million, listed among the top 50 centralized exchanges on the CoinGecko Trust Score, excluding wrapped assets, stablecoins, and tokenized real-world assets.
Analyst: Bitcoin MVRV Z-Score Hits Multi-Year Low, Market in Undervalued Zone but No Capitulation Signal Yet
CryptoQuant analyst Axel Adler Jr. stated on X platform that Bitcoin's MVRV Z-Score has dropped to approximately 0.42, about four times lower than its historical average of 1.7, indicating Bitcoin is currently in an undervalued zone. However, this metric has not yet entered negative territory, suggesting the market has not shown the "capitulation selling" typically associated with cycle bottoms.Meanwhile, Bitcoin's 7-day Realized P/L has turned positive from negative, currently standing at approximately $239 million, indicating that on-chain selling pressure has eased. The analysis suggests that while the market is currently in an undervalued and short-term stabilization phase, it has yet to show the capitulation signal needed to confirm a cycle bottom, nor is there clear demand-driven momentum from a new cycle.
JPMorgan: AI Sector Crowding Remains at High Levels, Models Signal It's Not Yet Time to Bottom-Fish
According to TechFlow Research, JPMorgan's quantitative report on July 16 noted that the Philadelphia Semiconductor Index has cumulatively declined by approximately 19% since its high on June 22, but quantitative models indicate that the unwinding of crowding in AI-related sectors is not yet complete. The "AI Bubble Interest Score" tracked by the model remains in the historical highest range; at this level, the probability of SOX falling another 8% or more in the short term exceeds 50%. JPMorgan provided a quantifiable entry signal: only when the score falls out of the historical highest range is it truly time to consider scaling in. Before this, every rebound may be pressed back by panic narratives. For US stock investors, now is not the time to add positions; it is recommended to wait for the window in mid-August, or use put options and defensive sectors to hedge. For A-share investors, the volatility of the domestic AI sector is higher; the same logic can be applied, waiting for clearer right-side signals, with the August earnings period being the key window.
Analyst: Bitcoin Bullish Signals Strengthen, Indicator Consistency Rises to 79%
The current Bitcoin Market State Score is +34.7, within the bullish zone; Market State Confidence, reflecting the consistency of the model's components, has risen to 79.4%, approaching the high confidence threshold.
Single Profit of $106,900: An Address Correctly Predicted Argentina vs. Egypt 3:2 Score
: On-chain analyst Ai Yi posted on platform X, stating that account 0xec4…6c92b correctly predicted the 3:2 score in this morning's knockout match between Argentina and Egypt, profiting $106,900 from a $2,329.9 wager, achieving a return rate of 4488%.
Analysis: Buyback inflow is returning significantly, Bitcoin shows cross-cohort accumulation and enters a “buy-the-dip” phase
: On-chain data analytics platform Glassnode posted on X that its “Accumulation Trend Score” indicator shows that after Bitcoin’s price dipped to the $60,000 range in early June, the overall behavior of on-chain addresses has notably shifted toward accumulation.This indicator measures the intensity of on-chain accumulation behavior by combining holding sizes with recent balance changes. A score close to 1 represents widespread accumulation, while a score near 0 indicates ongoing distribution.Glassnode notes that as the price enters lower ranges, the scores for holders of different sizes rise simultaneously, indicating a typical “buy-the-dip” market structure. That is, the price decline did not trigger sustained selling, but instead sparked stronger on-chain demand inflows.Analysts believe that this cross-cohort synchronized accumulation structure typically appears in the early stages of market sentiment recovery, reflecting that medium- to long-term capital is being repositioned.
Analysis: Bitcoin MVRV Metric Suggests Bear Market May Be Nearing Its End, But Bottom Not Yet Confirmed
According to Odaily, a key on-chain indicator for Bitcoin, the Market Value to Realized Value Z-Score (MVRV Z-Score), is approaching the typical threshold seen at historical bear market bottoms. This metric measures the deviation of Bitcoin's market price from its realized value (the average cost of each coin since its last on-chain transaction), helping investors determine whether the asset is overvalued or undervalued.Data shows that the current MVRV Z-Score stands at 0.24, approaching the upper boundary of the green zone historically considered the "accumulation range" (around 0 and below). Historically, the bottom of every major bear market has occurred when this indicator touched or briefly dipped into the green zone: during the first major crash in 2011-2012, in 2014, at the end of 2018, and in the second half of 2022, each time paving the way for a subsequent bull run.However, the absolute bottom has not yet been confirmed. On-chain data shows that the Short-Term Holder MVRV (STH-MVRV) is 0.84, while the Long-Term Holder MVRV (LTH-MVRV) remains as high as 1.29, indicating that long-term holders still possess substantial unrealized profits. Historically, when the MVRV of short-term and long-term holders converge, a cyclical bottom tends to form (as was the case in 2015, 2019, and 2022).Although it is difficult to precisely predict the market bottom, after the hundreds of billions of dollars in sell-offs last week, conditions that have historically signaled a rebound are gradually emerging. This suggests that the Bitcoin bear market may be approaching its end, and investors can monitor on-chain MVRV indicators and changes in holder behavior to identify potential buying opportunities. (CoinDesk)
Hong Kong Monetary Authority Launches Quantum Readiness Index, Banking Industry Scores Only 2.3 Points, Target to Reach Full Score by 2030
According to Cointelegraph, the Hong Kong Monetary Authority (HKMA) recently published a quantum security white paper and launched the industry's first Quantum Preparedness Index (QPI) to assess the banking sector's readiness to address quantum computing security threats. Survey results indicate that the overall QPI score for the banking sector is only 2.3 out of 10, with approximately half of the surveyed institutions yet to formulate formal post-quantum security plans. The HKMA aims for the entire industry to achieve a full score by 2030. The white paper points out that once quantum computers are capable of running Shor's algorithm at scale, they could potentially break existing RSA and elliptic curve encryption systems, thereby threatening the security of financial transaction authorization, authentication, and trust mechanisms.
Kraken Will Soon List Bittensor Subnet Alpha Token
Barry Silbert, Founder and CEO of Grayscale's parent company DCG, disclosed via a repost on X that Kraken is about to list Bittensor subnet Alpha tokens. The first batch of listed tokens includes: Chutes, Targon, Score, Ridges AI, Hippius, etc.
XBIT DEX Prediction Market Leverage Officially Launched, 1.1 Million USDC World Cup Event Goes Live Simultaneously
According to official news from XBIT DEX, on June 11, the leverage function of the XBIT DEX prediction market was officially launched. High-liquidity markets will initially support up to 5x leverage. The "XBIT World Cup Event" commenced on the same day, featuring a total prize pool of 1.1 million USDC, and will run until the final on July 19.The prediction market for the opening match, Mexico vs. South Africa, is now open. Current market expectations indicate a 69% probability of a Mexico win, 21% for a draw, and 11% for a South Africa win. Markets covering outcomes such as Match Winner, Handicap, Over/Under, Correct Score, and Corners have been launched simultaneously, spanning 48 teams and 104 matches.During the event, both contract trading and prediction market trading will earn prediction vouchers, which can be used to participate in the daily feature match. Correct predictions will split the prize pool for that match. The single-match prize pool increases as the tournament progresses, with the final offering a maximum of 150,000 USDC. Additionally, dual leaderboards for contracts and the prediction market have been established.
Ronin to Migrate to Ethereum Layer 2 on May 12, RON Inflation Rate Expected to Drop Below 1%
gaming-focused blockchain Ronin has announced its migration to an Ethereum Layer 2 network on May 12. The underlying architecture will utilize the OP Stack and integrate EigenDA as the data availability layer. Chain operations are expected to be paused for approximately 10 hours during the migration. The team advises users to unstake their RON in advance or allow the system to handle it automatically after the migration is complete.Following the upgrade, RON's annual inflation rate is projected to decrease from over 20% to less than 1%. Additionally, the treasury will gain new revenue streams from staking rewards, Sequencer net profits, and Marketplace fees. Furthermore, Ronin has introduced a "proof of allocation" incentive mechanism based on "Builder Score," distributing RON rewards to ecosystem builders on a monthly basis.
Related news
Zhanjiang Police Dismantle Virtual Currency "Running Score" Money Laundering Gang, 16 Criminally Detained
According to Guangzhou Daily, recently, public security organs at the Zhanjiang and Leizhou levels carried out a centralized crackdown operation in Zhanjiang, Guangzhou, Zhuhai and other places, successfully dismantling a "paofen" money laundering criminal gang that used virtual currency transactions to transfer illicit funds from telecom network fraud. 16 members have been criminally detained in accordance with the law. Upon investigation, since the end of 2025, the gang collected personal bank cards, WeChat, Alipay and other payment accounts to receive and circulate fraud-related illicit funds, and illegally profited from transaction spreads.
Hong Kong Monetary Authority Launches Quantum Readiness Index, Banking Industry Scores Only 2.3 Points, Target to Reach Full Score by 2030
According to Cointelegraph, the Hong Kong Monetary Authority (HKMA) recently published a quantum security white paper and launched the industry's first Quantum Preparedness Index (QPI) to assess the banking sector's readiness to address quantum computing security threats. Survey results indicate that the overall QPI score for the banking sector is only 2.3 out of 10, with approximately half of the surveyed institutions yet to formulate formal post-quantum security plans. The HKMA aims for the entire industry to achieve a full score by 2030. The white paper points out that once quantum computers are capable of running Shor's algorithm at scale, they could potentially break existing RSA and elliptic curve encryption systems, thereby threatening the security of financial transaction authorization, authentication, and trust mechanisms.
Analyst: Bitcoin MVRV Z-Score Hits Multi-Year Low, Market in Undervalued Zone but No Capitulation Signal Yet
CryptoQuant analyst Axel Adler Jr. stated on X platform that Bitcoin's MVRV Z-Score has dropped to approximately 0.42, about four times lower than its historical average of 1.7, indicating Bitcoin is currently in an undervalued zone. However, this metric has not yet entered negative territory, suggesting the market has not shown the "capitulation selling" typically associated with cycle bottoms.Meanwhile, Bitcoin's 7-day Realized P/L has turned positive from negative, currently standing at approximately $239 million, indicating that on-chain selling pressure has eased. The analysis suggests that while the market is currently in an undervalued and short-term stabilization phase, it has yet to show the capitulation signal needed to confirm a cycle bottom, nor is there clear demand-driven momentum from a new cycle.
Approximately $764 million stolen from crypto projects in Q2, with 88.3% involving keys, signers, and infrastructure
in its Q2 2026 Security and Compliance Report, Hacken stated that institutional investors are expanding their due diligence scope from smart contract audits to continuous monitoring, signer control, and incident response preparedness. Among the 1,427 projects it tracked, only 9% had third-party monitoring, and 4% had monitoring, active bug bounties, and security audits simultaneously. The report shows that of the approximately $764 million stolen in Q2, 88.3% involved compromised keys, signers, and infrastructure.Hacken noted that 14 projects attacked in Q2 had previously completed audits, but most of the losses originated from areas outside the scope of traditional smart contract reviews. The report states that the affected components included signing devices, cross-chain bridge validators, backend infrastructure, admin keys, and deprecated but still active old contracts. The sample covered 1,427 projects with a market cap exceeding $1 million, listed among the top 50 centralized exchanges on the CoinGecko Trust Score, excluding wrapped assets, stablecoins, and tokenized real-world assets.
JPMorgan: AI Sector Crowding Remains at High Levels, Models Signal It's Not Yet Time to Bottom-Fish
According to TechFlow Research, JPMorgan's quantitative report on July 16 noted that the Philadelphia Semiconductor Index has cumulatively declined by approximately 19% since its high on June 22, but quantitative models indicate that the unwinding of crowding in AI-related sectors is not yet complete. The "AI Bubble Interest Score" tracked by the model remains in the historical highest range; at this level, the probability of SOX falling another 8% or more in the short term exceeds 50%. JPMorgan provided a quantifiable entry signal: only when the score falls out of the historical highest range is it truly time to consider scaling in. Before this, every rebound may be pressed back by panic narratives. For US stock investors, now is not the time to add positions; it is recommended to wait for the window in mid-August, or use put options and defensive sectors to hedge. For A-share investors, the volatility of the domestic AI sector is higher; the same logic can be applied, waiting for clearer right-side signals, with the August earnings period being the key window.
Analyst: Bitcoin Bullish Signals Strengthen, Indicator Consistency Rises to 79%
The current Bitcoin Market State Score is +34.7, within the bullish zone; Market State Confidence, reflecting the consistency of the model's components, has risen to 79.4%, approaching the high confidence threshold.