According to Foresight News, Willy Woo tweeted that Tether was established in 2014 to solve the banking service difficulties faced by the cryptocurrency industry at the time, when banks generally refused to provide services. Nowadays, Tether has become the 5th most profitable company in the world, with profits surpassing Morgan Stanley and Goldman Sachs, and only about 100 employees. It still has at least 10 times the growth potential in the future

According to Ark Invest Daily data, ARK Invest sold a total of 7134 Coinbase stocks (COINs) on June 9th, including 730 COINs sold through its ARKW fund and 6404 COINs sold through its ARKF fund. At the closing price of $256.60 on the day, the total value was approximately $1.83 million.

BlockBeats News: On June 10th, according to the official announcement of the Federal Reserve, Michelle Bauman was sworn in as Vice Chairman of the Federal Reserve Board of Governors on Monday. The swearing in ceremony was presided over by Federal Reserve Chairman Powell in the press conference room of the board of directors. Trump nominated Ms. Bauman for the position on March 24, 2025, and was subsequently confirmed by the US Senate on June 4. Her term as Vice Chairman of Regulatory Affairs will end on June 9, 2029, and her term as a member of the Board of Directors will continue until January 31, 2034.

Odaily Planet Daily News: Netcapital, a financial technology company listed on NASDAQ, announced the acquisition of the crypto native protocol Mixie for an undisclosed amount. Zelgor, a portfolio company under Netcapital, has completed this acquisition, stating that it is the first time a publicly traded company has acquired a cryptocurrency native protocol to expand its blockchain business. Netcapital is headquartered in Boston and operates a digital capital market platform, with the stock code NCPL and a market value of approximately $6.8 million. （globenewswire）

According to Onchain Lens monitoring, a certain whale spent 8187 SOLs (worth 1.3 million US dollars) to buy 1.35 million VERSEs at a unit price of 0.94 US dollars, which is a high-level takeover. At present, the floating loss has exceeded 500000 US dollars.