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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.

The digital asset trading platform Gate has announced the completion of a new round of feature upgrades for its prediction market, optimizing multiple modules such as the search system, leaderboard, event classification, and sports gameplay around hot topic discovery, strategy trading, and user interaction efficiency.In this upgrade, Gate has added intelligent search and a "Live & Hot" section, supporting fuzzy keyword matching, hot event recommendations, and real-time hot topic aggregation, helping users discover trading opportunities more efficiently. The platform has also launched a secondary classification system and a "Breaking News" section, covering hot content such as major news, sports events, and cryptocurrency market fluctuations. In the sports prediction market, Gate has introduced derivative gameplay such as point spreads and totals, and optimized the interaction for quick ordering and score selection, further enhancing the trading experience. Additionally, the platform has officially launched a prediction market leaderboard, covering multiple dimensions such as profit and loss, trading volume, and highest profit, strengthening strategy discovery and trading social attributes.Currently, Gate's prediction market has deeply integrated with the Polymarket ecosystem, allowing users to directly access the Polymarket page through the Alpha section on the Gate App homepage and participate in event predictions using USDT in their accounts, further lowering the participation threshold and operational complexity. With a convenient entry point and continuously growing user activity, Gate's performance in the Polymarket partnership channel remains leading, currently ranking in the top three.

According to FinanceFeeds, the victim's lawyer from North Korea attempted to redefine the rsETH attack incident that occurred on Aave as "fraud" rather than "theft" before a hearing at the Manhattan federal court, in order to maintain a freeze order on assets worth $71 million in ETH.The lawyer argued that the attacker borrowed assets using worthless collateral and did not repay, which constitutes a fraudulent loan transaction, aiming to use these frozen assets to pay for terrorism judgment compensation under the Terrorism Risk Insurance Act.Previously, hackers associated with the Lazarus Group minted unsecured rsETH through a cross-chain bridge vulnerability and borrowed approximately $230 million in assets from Aave, of which $71 million was intercepted by Arbitrum developers. The victim's lawyer also questioned Aave's standing, pointing out that its terms of service state it does not have control over user assets. Additionally, DeFi United has raised $327 million, exceeding the amount in dispute.

According to Decrypt, Australian rapper Iggy Azalea is facing a class-action lawsuit over the Solana meme coin MOTHER, with investors accusing her of exaggerating the true utility and commercial integration of the token.The lawsuit claims that Azalea promoted MOTHER for use in the Motherland casino, Unreal Mobile phone service, and DreamVault marketplace, but these integrations failed to materialize or did not operate as promised. The MOTHER token has dropped over 99% from its peak of about $0.23. The plaintiffs are seeking compensation for affected investors, including statutory damages and potential triple damages. The lawsuit was filed by Burwick Law, which had previously sued "Hawk Tuah" girl Hailey Welch and her meme coin project.

According to Bitcoin Magazine, SEC Chairman Paul Atkins and CFTC Chairman Mike Selig stated at the Bitcoin 2026 Conference that U.S. digital asset regulation is entering a "new phase," with both agencies working together to advance a regulatory framework for crypto assets, encouraging related businesses to develop domestically in the U.S.Both parties mentioned that the jointly released token classification guidelines have differentiated between digital commodities, collectibles, and tokenized securities, emphasizing the push for clearer, future-oriented legislative rules. Paul Atkins also stated that the SEC is preparing to launch an "innovation exemption" and plans to allow companies to test on-chain tokenization and securitization tools in a regulated environment in the coming weeks.

The Monetary Authority of Singapore has released a consultation document proposing to establish a more friendly regulatory capital guideline for the treatment of crypto assets on permissionless blockchains before implementing the Basel capital requirements for crypto assets.It is reported that the Basel capital requirements for crypto assets categorize them into two groups. The first group involves tokenized traditional assets and stablecoins, which are subject to lower capital requirements.The second group involves crypto assets that do not meet the above conditions. The Monetary Authority of Singapore intends to abandon the practice of categorizing all crypto assets on permissionless blockchains as part of the second group, allowing them to be classified as first group crypto assets with lower risk weights and more lenient prudential requirements, provided they meet a series of principled requirements. Specifically, for banks registered in Singapore, the risk exposure of permissionless blockchain crypto assets classified as first group crypto assets must not exceed 2% of the bank's Tier 1 capital, and if the issuance creates liabilities at the bank level, the issuance scale must not exceed 5% of Tier 1 capital.

According to Nikkei News, Japan has approved amendments to the Financial Instruments and Exchange Act (FIEA), classifying digital assets as financial instruments and prohibiting insider trading based on non-public information.

According to Cointelegraph, stablecoin issuer Circle is facing a class-action lawsuit in the U.S. District Court for the District of Massachusetts for failing to freeze the stolen funds from the Drift Protocol during the attack incident.The plaintiffs claim that the attacker transferred approximately $230 million USDC from Solana to Ethereum within hours using Circle's Cross-Chain Transfer Protocol (CCTP), and Circle did not intervene. The lawsuit accuses Circle of complicity and incitement to misappropriation and negligence. Crypto analytics firm Elliptic previously suspected that the attack may be related to North Korean-backed hackers, and the related funds were subsequently exchanged for ETH and transferred via Tornado Cash.

According to Globenewswire, the American law firm Bernstein Liebhard has announced that it has filed a securities fraud class action lawsuit on behalf of investors against the Nasdaq-listed cryptocurrency exchange Gemini Space Station, alleging that Gemini made false statements regarding its business operations and prospects in its prospectus and related disclosures, particularly accused of exaggerating the viability of its core cryptocurrency platform business. Investors wishing to serve as lead plaintiffs must submit their applications by May 18, 2026.It is reported that Bernstein Liebhard is a well-known investor relations law firm that has previously filed class action lawsuits against companies such as Ruhnn, Apple, and AsiaInfo-Linkage.

During the 17th General Assembly of the China Artificial Intelligence Industry Development Alliance, the Security Governance Committee of the China Artificial Intelligence Industry Development Alliance officially released the "Risk Management Guidelines for Deploying OpenClaw-like Intelligent Agents."To systematically address the security challenges posed by OpenClaw-like intelligent agents, the guidelines focus on the pain points of risk prevention and control that enterprises face during the technology implementation process. They propose a comprehensive security deployment framework and self-inspection standards covering the entire process of deployment, usage, and offline phases, aiming to promote the transition of intelligent agents from "deployable" to "safely deployed, regulated use, and continuous governance," providing practical guidance for enterprises to standardize their technology deployment.

The Japanese government has passed an amendment to the Financial Instruments and Exchange Act at a cabinet meeting. This amendment regulates cryptocurrency assets (virtual currencies) as financial instruments for the first time and prohibits insider trading and other activities based on undisclosed information. At the same time, it requires cryptocurrency issuers to disclose information annually to improve the healthy market environment. If this bill is passed in the current Diet session, it is expected to be implemented as early as the 2027 fiscal year.Previously, the Financial Services Agency of Japan primarily regulated cryptocurrencies based on their positioning as "means of payment" under the Funds Settlement Act. However, in recent years, the use of cryptocurrencies as investment tools has been increasing, leading to their inclusion in the regulatory framework of the Financial Instruments and Exchange Act. Additionally, the name of registered institutions will change from "cryptocurrency asset exchange operators" to "cryptocurrency asset trading operators."At the same time, the penalties will also be strengthened: for unregistered institutions engaged in sales, the maximum prison sentence will increase from 3 years to 10 years, and the fines will rise from the current maximum of 3 million yen to a maximum of 10 million yen. By increasing penalties, the stance on protecting investors will be further reinforced.

The American law firm Gibbs Mura has officially announced a collective lawsuit investigation regarding the Drift Protocol theft incident, involving a fund scale of approximately $280 million to $285 million. It is reported that over $230 million USDC was transferred to Ethereum via Circle's Cross-Chain Transfer Protocol (CCTP).Gibbs Mura believes that although Circle has the technical capability to freeze funds, it did not take freezing action during this attack. The law firm is currently assessing whether investors can file claims against Circle for "failure to intervene in a timely manner," "insufficient monitoring," and "failure to fulfill stablecoin responsibilities," and is calling on affected users to participate in the lawsuit to advance fund recovery.

According to The Wall Street Journal, the Federal Court of Australia ruled that Binance's local derivatives division must pay an additional civil penalty of AUD 10 million (approximately USD 6.9 million). This penalty is an additional sanction beyond the AUD 13.1 million compensation paid to affected customers by Binance in 2023.The Australian Securities and Investments Commission (ASIC) pointed out that the division incorrectly classified 524 retail investors as wholesale clients between July 2022 and April 2023, exposing them to high-risk derivatives without consumer protections, resulting in losses and costs exceeding AUD 12 million.ASIC Chairman Joe Longo stated that this outcome serves as a clear warning to financial service providers seeking to operate in Australia. A Binance spokesperson stated that the issue was rectified in 2023, and the related subsidiary Oztures has ceased derivatives operations and canceled its license.

According to market news, a U.S. federal judge has approved the certification of a class action lawsuit against Nvidia and its CEO Jensen Huang for securities fraud.Investors allege that Nvidia concealed the true scale of revenue related to cryptocurrency mining in its gaming GPU sales between 2017 and 2018. Internal emails show that executives believed Nvidia's stock "remained high due to related statements." In November 2018, after Nvidia disclosed a decline in cryptocurrency-related sales, the stock price fell by about 28.5% within two trading days.The U.S. Securities and Exchange Commission had previously fined Nvidia $5.5 million in 2022 for failing to disclose the impact of cryptocurrency mining on its business. This case was initially filed in 2018, successfully appealed after being dismissed in 2021, and is now proceeding as a class action after the Supreme Court rejected Nvidia's appeal. The class action covers investors who purchased Nvidia stock from August 10, 2017, to November 15, 2018, with a case conference scheduled for April 21.

According to the official website of the U.S. District Court for the Southern District of New York, the cryptocurrency exchange Gemini Space Station, Inc. (Gemini) and its founders Tyler Winklevoss, Cameron Winklevoss, and other executives are facing a securities class action lawsuit. The lawsuit alleges that Gemini made significant misleading statements in the documents related to its initial public offering (IPO) on September 12, 2025, failing to disclose its plan to shift from its core cryptocurrency trading platform business to a prediction market-centered "Gemini 2.0" model.The lawsuit documents also point out that Gemini announced a 25% layoff in February 2026 after the IPO and exited the markets in the UK, EU, and Australia. Additionally, the company's Chief Financial Officer Dan Chen, Chief Operating Officer Marshall Beard, and Chief Legal Officer Tyler Meade have recently left the company. According to Bitget market data, Gemini's stock price is currently reported at $6.3, down 77.5% from the issuance price of $28, resulting in significant losses for investors.

According to a report by Bloomberg citing a senior U.S. defense official, Google, a subsidiary of Alphabet Inc., is introducing AI agents to the Pentagon's workforce to automate routine tasks.Google's Gemini AI agents can independently complete tasks on behalf of users, who only need to set specific tasks for them. Emil Michael, the Deputy Under Secretary of Defense for Research and Engineering, stated that these AI agents will initially operate on non-classified networks.Jim Kelly, Google's Vice President, stated in a blog post on Tuesday that this new feature will allow both civilian and military personnel at the Department of Defense to build AI agents using natural language. Google has faced internal criticism in the past for its collaboration with the Department of Defense.In 2018, thousands of employees protested the company's involvement in Project Maven, a Pentagon initiative to use AI to analyze video data from overseas drone warfare. The backlash ultimately led to Google not renewing the contract for the project.

According to documents from the U.S. District Court for the Southern District of New York, a federal judge in New York has approved the plaintiffs' motion for class certification in the market manipulation lawsuit against Tether and Bitfinex, and has divided the case into two groups of plaintiffs: spot investors and futures traders. It is reported that the case accuses Tether and Bitfinex of manipulating cryptocurrency market prices by issuing USDT from 2017 to 2019, resulting in losses of up to hundreds of billions of dollars for investors who purchased BTC and ETH.

A New York court dismissed the class action lawsuit against Uniswap Labs, permanently rejecting the federal claims and dismissing the state law claims without prejudice. This ruling emphasizes the legal nature of decentralized protocols and confirms that smart contract developers should not be held liable for third-party misuse.This legal victory not only solidifies Uniswap's operational model but also sets an important precedent for other decentralized platforms facing similar legal challenges, marking a milestone in the legal progress of the DeFi industry.