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According to Decrypt, although Do Kwon, the founder of Terraform Labs, has been sentenced to 15 years in prison for causing the collapse of Terra, which resulted in approximately $40 billion in losses, the abandoned original chain Terra Luna Classic (LUNC) has not disappeared. A group of community members continues to maintain the network, hoping to achieve one of the greatest revivals in the history of the cryptocurrency industry.The report states that a core community member known by the pseudonym "Vegas" lost about $50,000 during the Terra collapse and has since been involved in operating validation nodes, governance proposals, and developer coordination. He expressed that despite facing long-term internal power struggles and fraud accusations, and even being maliciously reported to the authorities, he still believes LUNC has the potential to return to the top ten in the cryptocurrency industry.After the Terra collapse in 2022, Terraform Labs launched a new chain, Terra, through a hard fork, while the original chain was retained and renamed Terra Luna Classic. Subsequently, the community organization Terra Rebels took over the maintenance work and launched a series of proposals, including a 1.2% burn tax, in hopes of revitalizing the ecosystem. However, due to disputes over fund allocation and governance, Terra Rebels eventually disbanded, and several developers left one after another.Despite this, the community continues to advance the development of projects such as lending protocols, games, and meme coins, and attempts to restore the stablecoin peg mechanism. Data shows that LUNC has risen 17.3% in the past year, but has cumulatively fallen 28.7% since 2022, with a decline of 99.99% from its historical high of $119.Some community members stated that the shared trauma after the collapse has formed a bond similar to "family," and that price is no longer the only goal. "What if we could achieve one of the greatest comebacks in cryptocurrency history? It's like a last-ditch pass." said a community member.

According to GMGN monitoring, the Solana ecosystem meme coin three surged by 104% in the past two hours, reaching a market cap high of $16 million, and has now fallen back to $13 million, with a 24-hour increase narrowing to 220%, and a trading volume of $8.4 million during the same period.It is reported that three is the native token of the Solana ecosystem AI project three.ws, launched by Pump fun. This project is a browser-native on-chain 3D AI agent platform that can generate 3D AI entities with one click and embed them into any website. The token began to surge on June 1 after an official account of IBM replied to related tweets on the X platform; yesterday, as three.ws officially announced a strategic partnership with IBM, the news further fermented today, combined with the favorable listing of the token on a trading platform, collectively driving the market cap higher.Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, with no actual value or use cases, and investors should be aware of the risks.

According to GMGN monitoring, the Chinese meme coin "Lobster" on the BSC chain has risen since this morning, with a current market value of 9 million USD and a 24-hour increase of 31%, while the trading volume during the same period reached 950,000 USD.Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, with no actual value or use cases; investors should be aware of the risks.

European Central Bank Governing Council member Wunsch stated that a peace agreement between the U.S. and Iran reached before next week's European Central Bank meeting would not weaken the rationale for interest rate hikes. Wunsch said, "If a peace agreement is indeed reached on the eve of the meeting, it will become part of the discussion.But we cannot know if it is lasting or credible." He hinted at supporting a 25 basis point rate hike by the European Central Bank. He believes that if the conflict remains unresolved, discussions among policymakers before setting rates on June 11 "will be quite easy." If a peace agreement is reached between the U.S. and Iran, the discussions "may be slightly less easy. But the rationale for a rate hike may still exist, just not as strong." He stated, "At some point, we cannot let the market bear everything. We need to take a stand."

According to CoinMarketCap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows: Top five gainers: MemeCore (M) up 11.35%, current price $3.27; Zcash (ZEC) up 7.06%, current price $567.5; Internet Computer (ICP) up 4.65%, current price $2.94; Ondo (ONDO) up 3.79%, current price $0.3607; Worldcoin (WLD) up 3.75%, current price $0.4005.

According to Protos, Bitcoin treasury company Twenty One Capital received formal notification from the New York Stock Exchange (NYSE) that it was deemed non-compliant due to insufficient independent directors on the audit committee and must complete rectification by June 5; otherwise, it will be marked as BC (below compliance standards) starting June 9.Previously, Tether completed the acquisition of approximately 89.1 million Class A shares held by SoftBank and terminated the related governance agreement, resulting in the resignation of two directors appointed by SoftBank, one of whom was a member of the audit committee. This left the company with only one independent director on the audit committee during the transition period, which does not meet NYSE requirements. Twenty One Capital stated that it will appoint new independent audit committee members as soon as possible.

Recently, the semiconductor and memory chip sectors of the US stock market have continued to strengthen, with significant increases in trading activity for related assets. According to Gate market data, Micron Technology (MU) reached a 24-hour high of $951.26, currently reported at $936.77, with a 24-hour increase of 2.76%; SanDisk (SNDK) reached a 24-hour high of $1693.83, currently reported at $1654.41, with a 24-hour increase of 5.94%.According to CoinGlass data, the 24-hour contract trading volume for MU (Micron Technology) on the Gate platform reached $15.1529 million, while SNDK (SanDisk) reached $11.2302 million, both ranking among the top in the industry, with related trading activity continuing to rise.As global demand for traditional asset allocations like US stocks continues to grow, Gate is continuously bridging cryptocurrency and traditional financial trading scenarios through a unified account system. Users can conveniently participate in trading global mainstream assets such as stocks, metals, foreign exchange, indices, and commodities through a single USDT account, further enhancing cross-market trading efficiency and capital utilization flexibility.Gate has launched over 130 US stock-related perpetual contract targets, as well as over 430 CFD contract targets, and is continuously expanding its diverse product lines including spot tokens, perpetual contracts, and on-chain assets, supporting 24/7 trading to provide users with a more flexible and efficient one-stop global asset trading experience.

According to Jin Shi reports, Tim Miller, the current host of the blog "The Bulwark Podcast," shared on social media the preliminary informal document content of the U.S.-Iran memorandum of understanding published by Iranian state television.Subsequently, the official White House account "Rapid Response 47" retweeted Miller's post, stating that he "has contracted an extremely severe case of 'Trump Derangement Syndrome,' to the extent that his 'pea-sized' brain has been distorted, and he has begun to treat reports from Iranian state media as facts, even spreading false information on their behalf. Perhaps Tim should register as a foreign government agent under the Foreign Agents Registration Act (FARA)."

The Southern District Prosecutors' Office of Seoul, South Korea, has detained and prosecuted 2 individuals and prosecuted 3 individuals without detention in relation to the Rug Pull case of the Solana meme coin CATFI on decentralized exchanges (DEX). The prosecution stated that this is the first case applying the unfair trading provisions of the Virtual Asset User Protection Act and also the first case to detain and prosecute the main perpetrator of a DEX Rug Pull case.

According to reports from the Islamic Republic of Iran Broadcasting on the 26th, some foreign media have claimed that Iran and the United States have reached a 14-point memorandum of understanding, which is "completely fabricated and unfounded."The report stated that some media claimed hours earlier to have obtained the final draft of the Iran-U.S. memorandum of understanding, which involves issues such as opening the Strait of Hormuz, initiating negotiations on nuclear issues, and unfreezing Iran's frozen funds, but these claims are all untrue.

2U2.ai announced that it has secured a new round of strategic investment, with the specific amount not yet disclosed. The investors in this round include Castrum Istanbul and M2M Capital, which will support 2U2.ai in continuing to advance Meme infrastructure construction and ecological expansion.So far, 2U2.ai has received support from institutions such as Becker Ventures, CGV FOF, Gemhead Capital, K24 Ventures, Castrum Istanbul, and M2M Capital.2U2.ai is building a MemeLayer for Web3, driven by AI for Meme generation, dissemination, and remixing, to create a scalable and incentivized Meme content network. Currently, the platform has launched the Meme Arms Race points system, allowing users to earn points by creating, sharing, and disseminating Meme content, and participate in subsequent ecological incentives on the platform.

According to GMGN monitoring, the Solana ecosystem meme coin ASTEROID rose this morning, with its market cap rebounding to $15.1 million, currently reported at $13.8 million, a 48% increase over 24 hours, with a relatively low trading volume of about $740,000. The current market cap has fallen about 25.9% from its historical high. The Ethereum chain ASTEROID briefly dipped in the past hour, with its market cap nearing $91 million at one point, now reported at about $99 million, a 24-hour decrease of 18.6%, with trading volume exceeding $11.7 million during the same period.Additionally, monitoring shows that in the Ethereum version of ASTEROID, trader (0x68a) sold a large amount of 1.515 billion tokens (approximately $363,600) in the past hour, which may have put pressure on the price to decline, making it the largest selling address in the past 24 hours. Previously, they bought the token with $1.07 million in funds, and as of the time of writing, they have sold a total of $829,000 worth of positions, with a total profit and loss of approximately -$136,000.ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use case, so investors should be aware of the risks.

According to GMGN monitoring, the market capitalization of the Solana ecosystem meme coin neet briefly surpassed 43 million USD, currently reported at 42.3 million USD, with a 24-hour increase of over 32%.ChainCatcher reminds users that meme coins have no actual use case, and price fluctuations are significant, so investment should be approached with caution.

According to GMGN data, the Solana ecosystem meme coin RICH once had a market cap that exceeded 8 million USD, now it has fallen back to about 7.6 million USD, with a 24H increase of over 500%.Market news reminds users that meme coin prices are highly volatile, and investors should be aware of the risks.

According to GMGN monitoring, early this morning, Binance co-CEO He Yi retweeted CZ's early tweet about the release of his English version of the new book on the X platform (the original tweet was published on May 2). The main content of the tweet includes: book introduction, Chinese and English audiobooks, and the proceeds will be used for charity.The on-chain meme coin Freedom of Money briefly surged in market capitalization on the BSC chain, reaching a high of 12 million USD, and has now fallen back to 9.4 million USD, with a 24-hour increase still maintaining at 25.6%. During the same period, the on-chain transaction volume reached 2.6 million USD.ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and concept speculation, and has no actual value or use case; investors should be aware of the risks.

According to CoinMarketCap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows: Top five gainers: Hyperliquid (HYPE) up 19.58%, current price $61.46; DoubleZero (2Z) up 18.09%, current price $0.115; edgeX (EDGE) up 9.93%, current price $1.48; Mantle (MNT) up 8.04%, current price $0.6814; Worldcoin (WLD) up 6.96%, current price $0.2621.

According to official news, Gate DEX's efficient trading tool Meme Go has officially launched a 21-day "Solana Automatic Copy Trading Challenge."As the core benefit of this phase, participants can earn up to 740 USDT in cash rewards by completing daily automatic copy trading tasks on the Solana chain. In addition to a daily maximum of 30 USDT for advanced check-in rewards, newcomers who complete their first copy trading task can receive an additional 10 USDT, and forming a team to invite friends can earn a cash reward of 100 USDT. Currently, users can replicate top trading strategies with one click through the Web version of 【Meme】-【Copy Trading Beta】, achieving fully automated on-chain wealth generation and growth.Meme Go is an efficient Meme trading and chain scanning tool launched by Gate DEX, which helps users accurately capture token issuance and trading opportunities through millisecond-level full-chain scanning, an intelligent trading engine, and customized analysis, driving efficient returns.

Cryptocurrency journalist Eleanor Terrett posted on the X platform that Hester Peirce (known as "Crypto Mom") will join the Regent University School of Law in Virginia as an associate professor this November, according to the latest press release from the university.Hester Peirce is currently a commissioner at the U.S. Securities and Exchange Commission (SEC) and the head of the cryptocurrency working group. The new teaching position is interpreted by the market as a signal that her term at the regulatory agency may be nearing its end.According to the announcement, she will teach courses on securities regulation, financial markets, digital assets, and public policy in her new role. Industry insiders believe this move could further impact the personnel structure and future direction of the U.S. cryptocurrency regulatory policy team.

According to CoinMarketCap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows: Top five gainers: MemeCore (M) up 9.45%, current price $3.47; NEAR Protocol (NEAR) up 7.57%, current price $1.62; Ondo (ONDO) up 6.64%, current price $0.3635; Injective (INJ) up 6.52%, current price $4.89; edgeX (EDGE) up 6.32%, current price $1.29.