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On May 31, local time May 30, US President Trump stated in an interview aired on Fox News that the US and Iran are close to reaching a 'very good agreement.' Trump also mentioned that we will get a 'better agreement,' which should have been achieved more quickly. However, he indicated that if an agreement cannot be reached, he would ask the 'War Department' (referring to the US Department of Defense) to intervene. Trump stated that if he does not get what he wants, 'we will end it another way.' He also emphasized that by signing an agreement, we can ensure the navigation of the Strait of Hormuz and ensure that Iran does not have nuclear weapons. When discussing the agreement with Iran, Trump stressed that he is not in a hurry. 'If you are in a hurry, you cannot reach a good agreement.' (CCTV News)

[Trump: If US-Iran Agreement Fails, 'War Department' Will Intervene]On May 31, local time May 30, US President Trump stated in an interview aired on Fox News that the US and Iran are close to reaching a 'very good agreement.' Trump also mentioned that we will get a 'better agreement,' which should have been achieved more quickly. However, he indicated that if an agreement cannot be reached, he would ask the 'War Department' (referring to the US Department of Defense) to intervene. Trump stated that if he does not get what he wants, 'we will end it another way.' He also emphasized that by signing an agreement, we can ensure the navigation of the Strait of Hormuz and ensure that Iran does not have nuclear weapons. When discussing the agreement with Iran, Trump stressed that he is not in a hurry. 'If you are in a hurry, you cannot reach a good agreement.' (CCTV News)

Trump: If US-Iran Agreement Fails, 'War Department' Will Intervene

According to monitoring by Dongcha Beating, Weijie Su, an alumnus of Peking University's School of Mathematical Sciences from the class of 2007, a PhD in Statistics from Stanford University, and a full professor at the Wharton School of the University of Pennsylvania, announced on social media platform X that he has officially joined OpenAI during his sabbatical from Wharton. Su stated that he will participate in AI model training upon returning to the Bay Area after ten years. Additionally, after a decade of academic efforts, Su has been officially promoted to full professor in the Department of Statistics and Data Science at the Wharton School. Su has made significant contributions in the fields of statistics, machine learning optimization, and theoretical safety of large language models (LLMs). He received the COPSS Presidents' Award in 2026, one of the highest honors in the international statistics field. The COPSS official commendation highly praised his work in establishing the statistical foundations of generative AI (including watermarking mechanisms for LLMs, human preference alignment, and ranking theory), advancing differential privacy data analysis methods in the 2020 U.S. Census, and foundational contributions to deep learning theory, convex optimization, and high-dimensional statistical inference. In academic research, Su has made several advancements in reshaping the underlying statistics of large models. In watermark detection for large models, he formalized watermarking techniques as statistical hypothesis testing problems and proposed the 'Truncated Goodness-of-Fit Test' (Tr-GoF). Tr-GoF enhances the robustness of watermark detection for modified and trimmed texts without relying on prior knowledge of human editing processes or precise probabilities. Regarding preference alignment (RLHF), Su pointed out that traditional RLHF, based on ranking optimization mechanisms, is prone to 'Preference Collapse,' which overlooks the preferences of minority groups and leads to a homogenized reward distribution across different prompts. To preserve response diversity, the team derived a 'Preference Matching' regularization scheme by solving ordinary differential equations (ODEs), maximizing human rewards while avoiding uniform responses, and explored a game-theoretic perspective of 'Nash Learning Based on Human Feedback' (NLHF) as an alternative to traditional scalar reward alignment. Su graduated with a bachelor's degree from Peking University's School of Mathematical Sciences and is referred to as part of the 'Golden Second Generation' (or 'Platinum First Generation') of Peking University's mathematics department by media and scholars. Compared to the 'Golden Generation' of the class of 2000, known for pure mathematical research (such as Yun Zhiwei, Zhang Wei, and Xu Chenyang), Su and his peers from the class of 2007 exhibit broader interdisciplinary characteristics, expanding the boundaries of mathematics into statistics, data science, and artificial intelligence.

[Weijie Su Joins OpenAI for Model Training and Promoted to Full Professor at Wharton]According to monitoring by Dongcha Beating, Weijie Su, an alumnus of Peking University's School of Mathematical Sciences from the class of 2007, a PhD in Statistics from Stanford University, and a full professor at the Wharton School of the University of Pennsylvania, announced on social media platform X that he has officially joined OpenAI during his sabbatical from Wharton. Su stated that he will participate in AI model training upon returning to the Bay Area after ten years. Additionally, after a decade of academic efforts, Su has been officially promoted to full professor in the Department of Statistics and Data Science at the Wharton School. Su has made significant contributions in the fields of statistics, machine learning optimization, and theoretical safety of large language models (LLMs). He received the COPSS Presidents' Award in 2026, one of the highest honors in the international statistics field. The COPSS official commendation highly praised his work in establishing the statistical foundations of generative AI (including watermarking mechanisms for LLMs, human preference alignment, and ranking theory), advancing differential privacy data analysis methods in the 2020 U.S. Census, and foundational contributions to deep learning theory, convex optimization, and high-dimensional statistical inference. In academic research, Su has made several advancements in reshaping the underlying statistics of large models. In watermark detection for large models, he formalized watermarking techniques as statistical hypothesis testing problems and proposed the 'Truncated Goodness-of-Fit Test' (Tr-GoF). Tr-GoF enhances the robustness of watermark detection for modified and trimmed texts without relying on prior knowledge of human editing processes or precise probabilities. Regarding preference alignment (RLHF), Su pointed out that traditional RLHF, based on ranking optimization mechanisms, is prone to 'Preference Collapse,' which overlooks the preferences of minority groups and leads to a homogenized reward distribution across different prompts. To preserve response diversity, the team derived a 'Preference Matching' regularization scheme by solving ordinary differential equations (ODEs), maximizing human rewards while avoiding uniform responses, and explored a game-theoretic perspective of 'Nash Learning Based on Human Feedback' (NLHF) as an alternative to traditional scalar reward alignment. Su graduated with a bachelor's degree from Peking University's School of Mathematical Sciences and is referred to as part of the 'Golden Second Generation' (or 'Platinum First Generation') of Peking University's mathematics department by media and scholars. Compared to the 'Golden Generation' of the class of 2000, known for pure mathematical research (such as Yun Zhiwei, Zhang Wei, and Xu Chenyang), Su and his peers from the class of 2007 exhibit broader interdisciplinary characteristics, expanding the boundaries of mathematics into statistics, data science, and artificial intelligence.

Weijie Su Joins OpenAI for Model Training and Promoted to Full Professor at Wharton

On May 31, recent DeFi attacks targeting protocols such as Thorchain, Drift, and KelpDAO have relied on flash loans, a mechanism that does not exist on the XRP Ledger. Due to the atomic nature of XRPL transactions and the inability to include composable calls within transactions, flash loan attacks are structurally impossible on this network. As XRPL advances its AMM upgrade and the tokenization of real-world assets continues to expand, institutional investors may weigh this built-in resistance to attacks against the deeper liquidity and more mature DeFi ecosystem of Ethereum.

[New Proposal on XRP Ledger to Prevent Flash Loan Attacks Causing Hundreds of Millions in DeFi Losses]On May 31, recent DeFi attacks targeting protocols such as Thorchain, Drift, and KelpDAO have relied on flash loans, a mechanism that does not exist on the XRP Ledger. Due to the atomic nature of XRPL transactions and the inability to include composable calls within transactions, flash loan attacks are structurally impossible on this network. As XRPL advances its AMM upgrade and the tokenization of real-world assets continues to expand, institutional investors may weigh this built-in resistance to attacks against the deeper liquidity and more mature DeFi ecosystem of Ethereum.

New Proposal on XRP Ledger to Prevent Flash Loan Attacks Causing Hundreds of Millions in DeFi Losses

genius Surges 10.06% in 24H, Currently at 0.4956 USDT

【genius currently trades at 0.4956 USDT, up 10.06% in 24h, according to HTX market data.】genius Surges 10.06% in 24H, Currently at 0.4956 USDT

genius currently trades at 0.4956 USDT, up 10.06% in 24h, according to HTX market data.

On May 31, according to Tokens on Solana, Strategy's perpetual preferred stock STRCx has been launched on Kamino, becoming the first lending market on Solana to support tokenized STRC.

[Strategy's Perpetual Preferred Stock STRCx Launched on Kamino]On May 31, according to Tokens on Solana, Strategy's perpetual preferred stock STRCx has been launched on Kamino, becoming the first lending market on Solana to support tokenized STRC.

Strategy's Perpetual Preferred Stock STRCx Launched on Kamino

On May 31, it was reported by US sources on May 30 that after the Supreme Court ruled that the Trump administration lacked the authority to impose higher tariffs on nearly all trade partners, American businesses have begun receiving tariff refunds. However, this process may be hindered by the Trump administration's preparation to appeal. Reports indicate that on May 29, the Trump administration announced plans to appeal a federal judge's ruling that allows all importers who paid the invalidated tariffs to apply for refunds, not just those who have filed lawsuits. (CCTV News)

[US Government Reportedly Plans to Appeal Tariff Refund Ruling]On May 31, it was reported by US sources on May 30 that after the Supreme Court ruled that the Trump administration lacked the authority to impose higher tariffs on nearly all trade partners, American businesses have begun receiving tariff refunds. However, this process may be hindered by the Trump administration's preparation to appeal. Reports indicate that on May 29, the Trump administration announced plans to appeal a federal judge's ruling that allows all importers who paid the invalidated tariffs to apply for refunds, not just those who have filed lawsuits. (CCTV News)

US Government Reportedly Plans to Appeal Tariff Refund Ruling

mega Surges 10.02% in 24H, Currently at 0.067 USDT

【mega currently trades at 0.067 USDT, up 10.02% in 24h, according to HTX market data.】mega Surges 10.02% in 24H, Currently at 0.067 USDT

mega currently trades at 0.067 USDT, up 10.02% in 24h, according to HTX market data.

On May 31, Aave published a post-incident investigation regarding the rsETH event that occurred on April 18. The investigation revealed that the rsETH LayerZero V2 cross-chain bridge of the liquidity staking protocol Kelp accepted forged messages during the cross-chain process from Unichain to Ethereum, resulting in the Ethereum side adapter releasing 116,500 rsETH, while the corresponding destruction did not occur on the Unichain side. Aave stated that the attack took place on third-party cross-chain bridge infrastructure, but the attacker deposited the stolen rsETH into eight Aave V3 positions and borrowed 82,650 WETH and 821 wstETH, impacting the Aave market. Aave noted that the attacker’s rsETH on Arbitrum has been destroyed, and the LayerZero OFT adapter has replenished 116,131.72 rsETH in five batches, fully restoring support for rsETH assets, with the affected WETH and rsETH markets returning to normal.

[Aave Releases Post-Incident Review of April 18 rsETH Event]On May 31, Aave published a post-incident investigation regarding the rsETH event that occurred on April 18. The investigation revealed that the rsETH LayerZero V2 cross-chain bridge of the liquidity staking protocol Kelp accepted forged messages during the cross-chain process from Unichain to Ethereum, resulting in the Ethereum side adapter releasing 116,500 rsETH, while the corresponding destruction did not occur on the Unichain side. Aave stated that the attack took place on third-party cross-chain bridge infrastructure, but the attacker deposited the stolen rsETH into eight Aave V3 positions and borrowed 82,650 WETH and 821 wstETH, impacting the Aave market. Aave noted that the attacker’s rsETH on Arbitrum has been destroyed, and the LayerZero OFT adapter has replenished 116,131.72 rsETH in five batches, fully restoring support for rsETH assets, with the affected WETH and rsETH markets returning to normal.

Aave Releases Post-Incident Review of April 18 rsETH Event

On May 31, according to monitoring by HyperInsight, Loracle has closed its short positions in BTC, LIT, TON, and VVV overnight. However, its largest short position in HYPE is still being gradually closed, with 1.518 million HYPE remaining (valued at approximately $105 million). On the other hand, Loracle has opened new long positions, including 10x long on ZEC and 5x long on ASTER and TON, with positions still increasing.

[Loracle's Long Position Strategy Underway: Closing HYPE and BTC Shorts, Opening New Longs in ZEC and Others]On May 31, according to monitoring by HyperInsight, Loracle has closed its short positions in BTC, LIT, TON, and VVV overnight. However, its largest short position in HYPE is still being gradually closed, with 1.518 million HYPE remaining (valued at approximately $105 million). On the other hand, Loracle has opened new long positions, including 10x long on ZEC and 5x long on ASTER and TON, with positions still increasing.

Loracle's Long Position Strategy Underway: Closing HYPE and BTC Shorts, Opening New Longs in ZEC and Others

Huobi data showed that ETH fell below 1900  USDT and is now at 1899.71 USDT, with a decrease of 1.51% in 24H.

[ETH fell below 1900  USDT] Huobi data showed that ETH fell below 1900  USDT and is now at 1899.71 USDT, with a decrease of 1.51% in 24H.

ETH fell below 1900  USDT

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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

Iran Rejects Western Ultimatum, Focuses on New Order in the Strait of Hormuz

ETH fell below 1900 USDT

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