JUST IN: 11.5 trillion BlackRock CEO Larry Fink says he is not planning to leave the company anytime soon.


BlockBeats news, on June 14th, according to Fortune, Jenny Johnson, CEO of Franklin Templeton, stated that public chains are evolving into highly efficient coordinating machines that have the potential to replace some traditional financial infrastructure while unleashing new value for investors. Solana is one of the first blockchains focused on institutional investors and has demonstrated processing power of nearly 65000 transactions per second, a number comparable to the Visa network. Sui is a relatively new blockchain with transaction processing speed almost twice that of the latter. With the upcoming upgrade, public chains may soon be able to increase their throughput to hundreds of thousands or even millions of transactions per second. Decentralized trading platforms like Uniswap, which allow for peer-to-peer market making without the need for custody, are catching up with centralized counterparts on traditional exchanges and processing trillions of dollars in trades annually. With the increase in speed of these systems, their verification and security functions have also been significantly improved, not only able to resist hacker attacks, but also better verify identity and asset ownership. The transformation of digital asset technology will not be slow or gradual. It is expected that in the next five years, the development speed of our industry will exceed that of the past fifty years.
Uniswap (UNI) reversed steep losses after a flash crash but slipped again as Trump warned of “more brutal” strikes against Iran.
The current total position of OKX BTC option contract is 33518.22 BTC, with a growth rate of 5.96% over the past 24 hours, indicating an increase in activity in the options trading market. Data for reference only Interpretation: Option holding refers to the total number of unexercised option contracts in the market, which can reflect the current market's views and expectations on the future price trend of a certain underlying asset. Data for reference only
On June 13th, according to The Block, the US Securities and Exchange Commission (SEC) announced four senior personnel appointments on Friday, including two officials with experience in digital assets, further sending a signal that the SEC's Chairman Paul Atkins is more friendly to the cryptocurrency industry. Starting from June 17th, Jamie Selway will be appointed as the head of the SEC's Trading and Markets department. Brian T. Daly will take over as the head of the Investment Management Department on July 8th. According to the SEC announcement, Selway recently became a partner at Sophron Advisors, primarily providing capital market related consulting services to clients. He has also served as a consultant for multiple fintech companies and briefly served as the Global Institutional Market Director for Blockchain Corporation from 2018 to 2019.
According to CoinDesk, JPMorgan Chase has released a report stating that the expected continued improvement in the US cryptocurrency regulatory environment, influenced by the GENIUS Act, is driving more cryptocurrency companies to seek IPOs. So far this year, the number of IPOs of cryptocurrency companies has reached the level of the bull market in 2021, including Ripple, Kraken, ConsenSys, and Bullish, all of which are preparing to go public. The report also pointed out that the activity of venture capital is higher than the same period in 2023/24, indicating a rebound in market confidence.