1. Iranian media reports that ship traffic through the Strait of Hormuz has dropped to zero; 2. Adam Back: Strategy won’t go to zero; bearish views on STRC are unfounded; 3. Kalshi’s trading volume this month is close to surpassing last month’s nominal total trading volume, nearing $18 billion; 4. “The White-Haired Stock Guru” offers a sharp analysis of market regulation: Additional regulatory scrutiny is on the horizon; the impact of Polymarket KOLs’ paid marketing on X’s algorithmic behavior should be investigated; 5. Crypto veterans question World Chain’s L2 ecosystem activity: While Blob submission volume ranks second only to Base, the on-chain application ecosystem remains extremely sparse; 6. Hong Kong Police: Over 2,000 people were arrested for fraud and money laundering in the first quarter of this year, with 70% of cases involving “straw accounts”; 7. Already 99% Allocated to Buy? Chuanmu Remains Bullish on SK Hynix: Current Price Still Offers 50% Upside Potential, Target Price at 3.9 Million KRW; 8. Citrini Researcher Jukan: Citibank’s report makes conservative assumptions; Microns (MU) may outperform expectations this quarter; 9. Binance Alpha will list Arcium (ARX); 10. Iranian President: The $6 billion in frozen funds held by Qatar will be returned.