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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 monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Team Yandex vs. BetBoom Team (BO3) - BLAST Slam Playoffs," the option "Team Yandex" in the sub-market "Match Winner" has experienced significant fluctuations in winning probability, soaring from 48.5% an hour ago to the current 73.5% (a fluctuation of 25%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the predicted market event "Knicks vs. Spurs" on Polymarket, the option "Knicks" in the sub-market "First Scoring Team" has experienced a sharp fluctuation in winning probability, rising from 32.5% an hour ago to the current 49.5% (a fluctuation of 17%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market event on Polymarket "Dota 2: Team Falcons vs. Aurora - BLAST Slam Playoffs," the "Team Falcons" option in the sub-market "Match Winner" has experienced significant fluctuations in win probability, dropping from 57% an hour ago to the current 39.5% (a fluctuation of 17.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Team Falcons vs. BetBoom Team - BLAST Slam Playoffs," the option "Team Falcons" in the sub-market "Game 2 Winner" has experienced significant fluctuations in win probability, dropping sharply from 43.5% an hour ago to the current 24.5% (a fluctuation of 19%). Please note the impact of related breaking news.

According to a post by on-chain detective ZachXBT, the prediction market project Rain Protocol ($RAIN), with a market capitalization of approximately $8.8 billion, is facing serious risks. ZachXBT discovered through tracking on-chain addresses that the funding sources of the RAIN team are linked to the Gems hot wallet, and the related addresses had previously transferred funds for failed projects DOP and TOMI, suggesting potential team overlap.TOMI, DOP, and Sirin Labs can all be traced back to the controversial Israeli businessman Moshe Hogeg, who was arrested in 2021 for crypto fraud and was charged by police in 2023 for allegedly being involved in a $290 million crypto scam. Additionally, the price of the RAIN token appears to be subject to on-chain manipulation, with its TVL almost entirely composed of its own native token, which has extremely poor liquidity, and annual fee income of only about $1 million.The launchpad Gems.vip, which incubated several of the aforementioned projects, is reportedly preparing for a new round of presales for the Kai Platform, while the whereabouts of the $162 million raised by DOP remain unclear, with ongoing complaints from retail investors.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: LGD Gaming vs Team Yandex (BO3) - BLAST Slam Playoffs," the option "LGD Gaming" in the sub-market "Match Winner" has experienced a drastic fluctuation in win probability, dropping from 37.5% an hour ago to the current 15% (a fluctuation of 22.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the market prediction on Polymarket for the event "Dota 2: Team Falcons vs Team Liquid - BLAST Slam Playoffs," the "Team Falcons" option in the sub-market "Match Winner" has experienced significant fluctuations in win probability, soaring from 74.5% one hour ago to the current 93.5% (a fluctuation of 19%). Please note the impact of related breaking news.

According to Decrypt, U.S. Treasury Secretary Behnam stated at a Senate Finance Committee hearing that the Treasury is advancing Trump's executive order to establish a U.S. strategic Bitcoin reserve at a "prudent and steady pace," emphasizing that "best practices" will be adopted to ensure the relevant mechanisms have long-term sustainability.Behnam pointed out that the strategic Bitcoin reserve is a completely new area, and the implementation process is relatively complex, so the government is carefully developing a custody and management framework. Currently, the U.S. government holds approximately 328,400 Bitcoins, valued at about $20.6 billion, and these assets mainly come from seizures in criminal and civil cases.In addition, Behnam urged Congress to advance the digital asset market structure bill, the CLARITY Act, which he believes is crucial for maintaining the U.S.'s leading position in digital asset innovation. The bill aims to clarify the regulatory framework for digital assets and define when crypto tokens are subject to securities or commodities regulatory rules. The relevant legislation is currently under review in the Senate.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Aurora vs Team Yandex - BLAST Slam Playoffs," the "Aurora" option in the sub-market "Match Winner" has experienced a drastic fluctuation in win rate, dropping from 57% an hour ago to the current 27.5% (a fluctuation of 29.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the market prediction on Polymarket for the event "Counter-Strike: GamerLegion vs BetBoom Team - IEM Cologne Major Phase 1," the "BetBoom Team" option in the sub-market "Map 2 Round Spread: BetBoom Team (-3.5) vs GamerLegion (+3.5)" experienced a dramatic fluctuation in win probability, rising from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of relevant breaking news.

U.S. Treasury Secretary Scott Bessent stated at a Senate Finance Committee hearing that the Treasury is steadily advancing the establishment of a strategic Bitcoin reserve. At the same time, Scott Bessent urged lawmakers to support the digital asset regulatory bill Clarity Ac and expressed hope that the bill could pass this summer to bring the best practices of the U.S. to the domestic market, making the U.S. the capital of global innovation. Regarding the strategic Bitcoin reserve, Scott Bessent pointed out that although the process is complex, it is moving forward, ensuring that best practices are adopted in the complex process so that it can be sustainable in the future.

According to The Block, the Donjon security team under Ledger has bypassed the firmware verification mechanism of the TROPIC01 chip used in the Trezor Safe 7 through precise laser attacks in a laboratory environment, allowing unauthorized firmware to be loaded as long as the attacker possesses the physical device.Chip manufacturer Tropic Square further discovered that there are additional attack vectors in the MAC-and-Destroy security mechanism used for PIN verification on this chip, but details will not be disclosed until the enhanced version of the chip is launched at the end of 2026.Trezor stated that the PIN, mnemonic backup, and private keys have never been stored on a single chip, and they have notified partners, so ordinary users do not need to take action. Currently, the feasibility of attacks can be reduced by disabling the chip's MAINTENANCE mode.

OpenSea product marketer Zack Brenner posted on X asking if any community users would like to experience contract trading on the platform, hinting that OpenSea will launch this feature.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Anyone's Legend vs Team WE - LPL Playoffs," the "Anyone's Legend" option in the sub-market "Match Winner" has experienced a drastic fluctuation in winning probability, dropping from 66.5% an hour ago to the current 15.5% (a fluctuation of 51%). Please note the impact of related breaking news.

According to The Block, Gnosis co-founder and CEO Martin Koppelmann confirmed that the Zodiac delay module related to Gnosis Pay is currently under exploitation. Attackers can initiate transactions from Safe wallets that integrate this module, and Gnosis has requested cross-chain bridge validators to pause to control the risk.Koppelmann stated that Gnosis will cover all user losses and will remove the previous announcement urging users to urgently withdraw EURe and GNO, noting that most users are unable to withdraw their tokens independently. The team is working to control most of the losses and ensure that all users receive full compensation. Gnosis emphasized that the vulnerability is within the Gnosis Pay system, and the core contracts of Safe are unaffected.

Recently, the People's Procuratorate of Licang District, Qingdao City, Shandong Province, China, handled a Bitcoin theft case. The defendant, Zhang, obtained the mnemonic phrase while assisting an acquaintance in registering a virtual currency wallet, and later transferred 107 BTC in multiple transactions, equivalent to over 50 million yuan at current market prices. Zhang argued that his actions were a "protective takeover," but the prosecution found that he transferred the stolen BTC through multiple trading platforms and exchanged it for over 660,000 yuan. The Licang District Court sentenced Zhang to 10 years and 9 months in prison for theft and imposed a fine of 100,000 yuan; the second instance upheld the original judgment.Reports indicate that the prosecutor handling the case strictly adhered to laws and judicial policies, and after in-depth analysis, concluded that although China's regulatory policies deny the legal currency status of virtual currencies, they do not negate their property attributes, nor do they prohibit citizens from legally holding and circulating them. Bitcoin requires investment in computing power, funds, and other costs to acquire, which gives it economic value; rights holders can achieve exclusive control and management through private keys and mnemonic phrases, aligning with the core characteristics of "property" in criminal law, making it a target for theft. In determining the amount, since virtual currencies have no official pricing, the Licang District Procuratorate discarded market price estimates and used the actual proceeds from the crime of over 660,000 yuan as the amount for theft, ensuring accurate conviction, appropriate sentencing, and unity of guilt and punishment.

According to developer donnoh, due to a vulnerability that occurred during a recent upgrade, the status updates of the Base network have been stagnant for over 30 hours. However, since the withdrawal from Base to the Ethereum mainnet requires about a 7-day challenge period, most ordinary users have not yet noticeably perceived this anomaly.Subsequently, the official Base status page released an announcement confirming that the issue originated from a fault related to the TEE (Trusted Execution Environment) enclave, which caused the network proposal process to be interrupted, thereby affecting the status update process.The official statement indicated that the withdrawal function of the Base mainnet is currently experiencing delays, and the team is working on repairs. Aside from the withdrawal process, other core network components have not been directly affected.

Zama's official response to Circle's freezing of the cUSDC contract event states that Circle's compliance system flagged a wallet belonging to an external depositor. Since this wallet holds funds in the cUSDC contract, the entire contract was automatically swept into a standard holding freeze. This is merely incidental damage and not a sanction against the Zama Protocol. The Zama legal team has intervened and is isolating the flagged address, and will restore access for all unaffected participants as soon as possible.