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On May 31, according to AXIOS, a senior administration official and another informed source revealed that Trump requested multiple modifications to the proposed agreement reached by his envoy with Iranian representatives during a meeting held on Friday at the Situation Room. Two U.S. officials stated that Trump aims to finalize the agreement soon but has requested to strengthen several key points that are crucial to him, particularly concerning the terms related to Iranian nuclear materials. This request from Trump has triggered a new round of back-and-forth communication between both sides, a process that may last for several days. According to the two sources, Trump has asked his team to revise the terms regarding Iran's nuclear program in the draft. Currently, the memorandum of understanding includes Iran's commitment not to seek the development of nuclear weapons, but lacks specific concessions beyond that. The memorandum stipulates a 60-day window for negotiations on Iran's nuclear commitments and U.S. sanctions relief, with the primary agenda item being how to handle Iran's existing stockpile of enriched uranium and to limit further enrichment activities. Trump wishes to attempt modifications to this section. 'It's more about the specific details of how the U.S. acquires (nuclear) materials and the specific timeline,' a senior administration official stated regarding enriched uranium. The second source indicated that Trump also wants to modify some wording concerning the reopening of the Strait of Hormuz. This U.S. official noted that Trump has been informed that Iran would need about three days to respond.

[Trump Proposes Modifications to US-Iran Agreement Regarding Nuclear Materials and Strait of Hormuz]On May 31, according to AXIOS, a senior administration official and another informed source revealed that Trump requested multiple modifications to the proposed agreement reached by his envoy with Iranian representatives during a meeting held on Friday at the Situation Room. Two U.S. officials stated that Trump aims to finalize the agreement soon but has requested to strengthen several key points that are crucial to him, particularly concerning the terms related to Iranian nuclear materials. This request from Trump has triggered a new round of back-and-forth communication between both sides, a process that may last for several days. According to the two sources, Trump has asked his team to revise the terms regarding Iran's nuclear program in the draft. Currently, the memorandum of understanding includes Iran's commitment not to seek the development of nuclear weapons, but lacks specific concessions beyond that. The memorandum stipulates a 60-day window for negotiations on Iran's nuclear commitments and U.S. sanctions relief, with the primary agenda item being how to handle Iran's existing stockpile of enriched uranium and to limit further enrichment activities. Trump wishes to attempt modifications to this section. 'It's more about the specific details of how the U.S. acquires (nuclear) materials and the specific timeline,' a senior administration official stated regarding enriched uranium. The second source indicated that Trump also wants to modify some wording concerning the reopening of the Strait of Hormuz. This U.S. official noted that Trump has been informed that Iran would need about three days to respond.

Trump Proposes Modifications to US-Iran Agreement Regarding Nuclear Materials and Strait of Hormuz

On May 31, according to monitoring by Onchain Lens, Loracle has closed its short positions in BTC, LIT, TON, and VVV. Currently, the HYPE short position is still being gradually closed, with 1.518 million HYPE (approximately $105 million) remaining open, resulting in a cumulative loss of over $36 million. Meanwhile, Loracle has opened new long positions in ZEC (10x leverage), ASTER, and TON (5x leverage), and continues to increase its holdings.

[Loracle Closes Short Positions in BTC, LIT, TON, and VVV; HYPE Short Position Remains at Approximately $151.8 Million]On May 31, according to monitoring by Onchain Lens, Loracle has closed its short positions in BTC, LIT, TON, and VVV. Currently, the HYPE short position is still being gradually closed, with 1.518 million HYPE (approximately $105 million) remaining open, resulting in a cumulative loss of over $36 million. Meanwhile, Loracle has opened new long positions in ZEC (10x leverage), ASTER, and TON (5x leverage), and continues to increase its holdings.

Loracle Closes Short Positions in BTC, LIT, TON, and VVV; HYPE Short Position Remains at Approximately $151.8 Million

On May 31, according to PolyBeats monitoring, following a draw between Paris Saint-Germain and Arsenal in the regular 90 minutes of the match, the betting whale user 'lovelystuff' on Polymarket, who wagered millions believing Arsenal would win the final, has seen their market position solidify with a profit of $4.4 million (+61.29%). It is reported that the market primarily participated in by 'lovelystuff', 'Paris Saint-Germain vs Arsenal', is not judged by the final outcome but solely by the result at the end of the regular 90 minutes plus stoppage time. If Paris Saint-Germain wins, the market result is 'yes'; otherwise, it is 'no' (with 'lovelystuff' acknowledging 'no'). Currently, 'lovelystuff' has floating profits of $186,000 in another market, 'Will Arsenal win the UEFA Champions League title in the 2025-26 season?', but even if Paris Saint-Germain ultimately wins the match, 'lovelystuff' will still net an overall profit of about $1.4 million.

[Champagne Popped Early: Whale 'lovelystuff' Secures $4.4 Million Profit in Market Betting on Arsenal]On May 31, according to PolyBeats monitoring, following a draw between Paris Saint-Germain and Arsenal in the regular 90 minutes of the match, the betting whale user 'lovelystuff' on Polymarket, who wagered millions believing Arsenal would win the final, has seen their market position solidify with a profit of $4.4 million (+61.29%). It is reported that the market primarily participated in by 'lovelystuff', 'Paris Saint-Germain vs Arsenal', is not judged by the final outcome but solely by the result at the end of the regular 90 minutes plus stoppage time. If Paris Saint-Germain wins, the market result is 'yes'; otherwise, it is 'no' (with 'lovelystuff' acknowledging 'no'). Currently, 'lovelystuff' has floating profits of $186,000 in another market, 'Will Arsenal win the UEFA Champions League title in the 2025-26 season?', but even if Paris Saint-Germain ultimately wins the match, 'lovelystuff' will still net an overall profit of about $1.4 million.

Champagne Popped Early: Whale 'lovelystuff' Secures $4.4 Million Profit in Market Betting on Arsenal

On May 31, the Champions League final is in full swing tonight, featuring a showdown between Premier League's Arsenal and Ligue 1 champions Paris Saint-Germain. The defending champions, Paris Saint-Germain, fell behind by one goal but managed to equalize. As the most influential and prestigious club competition in the world, winning it represents the highest achievement for clubs, players, and coaches, and secures a place in history. As of the time of this report, the total transaction amount on Polymarket for this match has exceeded $35 million. Currently, the probability of a draw within 90 minutes is reported at 62%, while the chances of Paris and Arsenal winning are 21% and 17%, respectively.

[Champions League Final Intensifies, Polymarket Shows Over 60% Chance of Draw with Total Transactions Exceeding $35 Million]On May 31, the Champions League final is in full swing tonight, featuring a showdown between Premier League's Arsenal and Ligue 1 champions Paris Saint-Germain. The defending champions, Paris Saint-Germain, fell behind by one goal but managed to equalize. As the most influential and prestigious club competition in the world, winning it represents the highest achievement for clubs, players, and coaches, and secures a place in history. As of the time of this report, the total transaction amount on Polymarket for this match has exceeded $35 million. Currently, the probability of a draw within 90 minutes is reported at 62%, while the chances of Paris and Arsenal winning are 21% and 17%, respectively.

Champions League Final Intensifies, Polymarket Shows Over 60% Chance of Draw with Total Transactions Exceeding $35 Million

On May 31, The New York Times reported that three officials revealed President Trump has tightened the terms of a potential agreement framework aimed at ending the war with Iran and has sent these modification proposals back to Iran for consideration. It remains unclear what specific changes Trump made to the agreement text. Two officials indicated that Trump is concerned about the section of the potential agreement involving the unfreezing of Iranian funds. He has consistently criticized the approach taken by former President Obama over a decade ago in signing an agreement to curb Iran's nuclear program. One official stated that Trump is also disappointed with Iran's delayed response to the U.S. proposals, which were developed through repeated consultations involving intermediaries, including Pakistan. The official added that Trump's proposed modifications—a more stringent new proposal—may be aimed at accelerating the process by pressuring Iran to accept the framework agreement that has already been submitted for approval to its Supreme Leader, Mujtaba.

[US Media: Trump Tightens Terms of Iran Agreement, Modifications Submitted to Iran]On May 31, The New York Times reported that three officials revealed President Trump has tightened the terms of a potential agreement framework aimed at ending the war with Iran and has sent these modification proposals back to Iran for consideration. It remains unclear what specific changes Trump made to the agreement text. Two officials indicated that Trump is concerned about the section of the potential agreement involving the unfreezing of Iranian funds. He has consistently criticized the approach taken by former President Obama over a decade ago in signing an agreement to curb Iran's nuclear program. One official stated that Trump is also disappointed with Iran's delayed response to the U.S. proposals, which were developed through repeated consultations involving intermediaries, including Pakistan. The official added that Trump's proposed modifications—a more stringent new proposal—may be aimed at accelerating the process by pressuring Iran to accept the framework agreement that has already been submitted for approval to its Supreme Leader, Mujtaba.

US Media: Trump Tightens Terms of Iran Agreement, Modifications Submitted to Iran

On May 31, on-chain analyst Yu Jin reported that whale 'lovelystuff' made a profit of $1.15 million from a $10.44 million bet on the Champions League final. The final match saw Paris Saint-Germain win against Arsenal in a penalty shootout, although the regular 90 minutes ended in a 1-1 draw. Polymarket settles based on the score at the end of regular time and stoppage time, so 'lovelystuff' won $4.41 million from a $7.18 million bet on the 'no' side of Paris Saint-Germain winning the match. However, his $3.26 million bets on Arsenal winning the final and claiming the championship both resulted in losses. Overall, he still made a profit of $1.15 million.

[Whale 'lovelystuff' Bets $10.44 Million on Champions League Final, Profits $1.15 Million]On May 31, on-chain analyst Yu Jin reported that whale 'lovelystuff' made a profit of $1.15 million from a $10.44 million bet on the Champions League final. The final match saw Paris Saint-Germain win against Arsenal in a penalty shootout, although the regular 90 minutes ended in a 1-1 draw. Polymarket settles based on the score at the end of regular time and stoppage time, so 'lovelystuff' won $4.41 million from a $7.18 million bet on the 'no' side of Paris Saint-Germain winning the match. However, his $3.26 million bets on Arsenal winning the final and claiming the championship both resulted in losses. Overall, he still made a profit of $1.15 million.

Whale 'lovelystuff' Bets $10.44 Million on Champions League Final, Profits $1.15 Million

HTX data monitoring shows that BTC has broken through 74000 USDT, currently reported at 74002.59 USDT, with a 24H increase of 0.67%.

【BTC breaks through 74000 USDT】HTX data monitoring shows that BTC has broken through 74000 USDT, currently reported at 74002.59 USDT, with a 24H increase of 0.67%.

BTC breaks through 74000 USDT

On May 31, recordings from the public radio channel provided by crew members of a stranded merchant vessel near the Strait of Hormuz revealed that the Iranian Revolutionary Guard Navy and US military aircraft issued warnings to the relevant ships on the 30th. The radio recordings indicated that on the evening of the 30th local time, the Iranian Revolutionary Guard Navy issued a stern warning to vessels in the Persian Gulf and the Sea of Oman, stating that the Strait of Hormuz remains closed and only vessels granted permission by the Iranian Revolutionary Guard Navy and following designated Iranian routes are allowed to pass. Any violations of these regulations would severely jeopardize maritime safety. The Iranian Revolutionary Guard Navy also stated that any US Navy intervention in the management of the Strait of Hormuz or disruption of navigation order would face severe military retaliation. (CCTV News)

[Iran and US Continue Standoff Over Merchant Shipping in Strait]On May 31, recordings from the public radio channel provided by crew members of a stranded merchant vessel near the Strait of Hormuz revealed that the Iranian Revolutionary Guard Navy and US military aircraft issued warnings to the relevant ships on the 30th. The radio recordings indicated that on the evening of the 30th local time, the Iranian Revolutionary Guard Navy issued a stern warning to vessels in the Persian Gulf and the Sea of Oman, stating that the Strait of Hormuz remains closed and only vessels granted permission by the Iranian Revolutionary Guard Navy and following designated Iranian routes are allowed to pass. Any violations of these regulations would severely jeopardize maritime safety. The Iranian Revolutionary Guard Navy also stated that any US Navy intervention in the management of the Strait of Hormuz or disruption of navigation order would face severe military retaliation. (CCTV News)

Iran and US Continue Standoff Over Merchant Shipping in Strait

On May 31, Hyperliquid Hub disclosed that Hyperliquid's revenue in the past 24 hours was $964,767. Even if this revenue were entirely used to buy back and burn HYPE on the open market, it would still not be enough to fully offset the HYPE rewards distributed to stakers and validators. As a result, due to relatively low fee income for the day, HYPE is expected to experience slight inflation today. However, considering that 431.1 million HYPE is currently staked (with an annual yield of approximately 2.26%), the nearly $1 million in protocol revenue per day is actually a quite strong performance.

[Hyperliquid Reports $964,767 Revenue in Last 24 Hours, Insufficient to Offset HYPE Rewards]On May 31, Hyperliquid Hub disclosed that Hyperliquid's revenue in the past 24 hours was $964,767. Even if this revenue were entirely used to buy back and burn HYPE on the open market, it would still not be enough to fully offset the HYPE rewards distributed to stakers and validators. As a result, due to relatively low fee income for the day, HYPE is expected to experience slight inflation today. However, considering that 431.1 million HYPE is currently staked (with an annual yield of approximately 2.26%), the nearly $1 million in protocol revenue per day is actually a quite strong performance.

Hyperliquid Reports $964,767 Revenue in Last 24 Hours, Insufficient to Offset HYPE Rewards

According to coindesk, crypto hedge fund BKCoin co-creator Kevin Kang has been fired for misappropriating $12 million in client funds, and the fund's core legal entity, BKCoin Management LLC, has filed legal action against Kang in the 11th Florida Court, and Ackerman LLP attorney Michael I. Goldberg has been appointed as interim receiver to oversee and liquidate the funds.

Detail

【hedge fund BKCoin Unicron fired for misappropriating $12 million in client funds】According to coindesk, crypto hedge fund BKCoin co-creator Kevin Kang has been fired for misappropriating $12 million in client funds, and the fund's core legal entity, BKCoin Management LLC, has filed legal action against Kang in the 11th Florida Court, and Ackerman LLP attorney Michael I. Goldberg has been appointed as interim receiver to oversee and liquidate the funds.

hedge fund BKCoin Unicron fired for misappropriating $12 million in client funds

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Article

a16z-Linked Entity Increases Holdings by 226,121 HYPE, Totaling 3.9 Million HYPE at Average Price of $49.4

hedge fund BKCoin Unicron fired for misappropriating $12 million in client funds

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