US SEC considers ProShares' Ethereum spot ETF application

According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) said in a document on June 10 that the New York Stock Exchange (NYSE) Arca has proposed a rule change to allow it to list and trade shares of the ProShares Ethereum ETF. The SEC said it would seek public comments on the ETF application within 21 days of publication in the Federal Register, and the SEC would have 45 days to approve, reject or extend its decision. According to previous news, ProShares submitted Form 19b-4 to the U.S. Securities and Exchange Commission (SEC) last week, planning to list and trade Ethereum spot ETFs on the New York Stock Exchange (NYSE). On May 23, the SEC formally approved the Ethereum spot ETF Form 19b-4 submitted by eight asset management companies. But they will not begin trading on U.S. exchanges until the SEC approves the S-1 registration statement.

Insider: Ethereum spot ETF issuers are still waiting for the first round of S-1 form comments from the US SEC

According to The Block, according to two people familiar with the matter, Ethereum spot ETF issuers are still waiting for comments from the SEC after submitting the first round of S-1 draft forms on May 31. Issuers originally expected the SEC to comment on the drafts on June 7. However, at least two issuers have not received any feedback. A person familiar with the matter said they now expect a response this week. Earlier, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), said that it would take some time to approve the S-1 form. It is unclear how long this process will take. A source previously said that they expect the S-1 form to go through at least two more rounds of draft documents before it is ready.

OpenAI appoints new CFO and chief product officer

According to Bloomberg, OpenAI has hired Sarah Friar, former CEO of social networking service Nextdoor Holdings Inc., as the company's chief financial officer. At the same time, the company also appointed Kevin Weil as its new chief product officer. Weil previously served as an executive at Instagram and Twitter, responsible for product development. Friar will help OpenAI continue to invest in artificial intelligence research while developing its global business in the future. Weil will lead a product team dedicated to serving the company's consumer and corporate users with OpenAI's research results.

Apple officially announced the new AI system "Apple Intelligence", Siri will be connected to ChatGPT

Apple announced a new personalized AI system called "Apple Intelligence" at its developer event WWDC. Apple Intelligence will enable the iPhone to prioritize notifications and use writing tools to summarize the text you write. Apple Intelligence is mainly powered by the on-device Large Language Model (LLM) and will run on devices using A17 Pro and its M series chips.

In addition, Apple announced a partnership with OpenAI to integrate the other party's ChatGPT. Apple announced that ChatGPT can be called directly in the system as long as you agree, and there is no need to create an account, and existing accounts can be associated. Through cooperation with OpenAI, Siri supports the AI ​​capabilities of GPT-4o. When users ask Siri some questions, Siri can directly display the answers with the AI ​​capabilities of ChatGPT, and on Mac, users can also generate the desired content directly through ChatGPT in various applications. Apple also confirmed plans to integrate the Google Gemini model "in the future."

It is worth noting that on the mobile phone side, Apple’s new AI technology will only support two models, iPhone 15 Pro and iPhone 15 Pro Max. On the iPad side, it will support M1 chip and above models. On the Mac and iMac side, it will also only support M1 chip and above models.

Musk: If OpenAI is integrated into Apple's operating system, Apple devices will be banned in the company

Musk tweeted, "If Apple integrates OpenAI at the OS level, then Apple devices will be banned from my company. This is an unacceptable security violation."

Apple Vision Pro will be available in mainland China on June 28, with a starting price of 29,999 yuan

According to Apple's official website, Apple today announced that its latest product, Apple Vision Pro, will be expanded to more countries and regions. Users in mainland China, Hong Kong, Japan, and Singapore can start pre-ordering at 9 a.m. Beijing time this Friday (June 14), and it will go on sale on Friday, June 28.

The official website shows that the Vision Pro is priced at 1,250 yuan/month (installment) or 29,999 yuan in China, with 256GB, 512GB and 1TB storage capacities. In addition, Apple also released VisionOS 2 at the 2024 WWDC conference. The software uses robotic learning to create space and 3D images.

In addition, Apple CEO Tim Cook said that the number of global users of Apple applications has exceeded 1 billion.

OP Mainnet launches “Proof of Failure” to strengthen rollup decentralization

According to The Block, OP Labs has launched fault proof on the L2 blockchain OP Mainnet. The fault proof system allows Ethereum and ERC-20 tokens to be withdrawn from OP Mainnet without a trusted third party. Fault proof is a mechanism on the Ethereum L2 network that allows users to dispute potential fraud or incorrect transactions. Previously, OP Mainnet did not have fault proof, so users were required to trust operators to submit accurate state roots to the mainnet. In the future, fault proof will be extended to other L2s built on OP Stack, including Base, Metal, Mode, and Zora.

Mining firm Bitfarms approves poison pill to prevent hostile takeover attempt by Riot Platforms

According to Reuters, Bitcoin mining company Bitfarms has approved the adoption of a "poison pill" plan to prevent a potential hostile takeover attempt by Riot Platforms. Shareholder rights plans, also known as "poison pills," are used by company boards to prevent hostile takeovers. Bitfarms said the rights plan must be approved by shareholders within six months of its adoption, otherwise the plan will terminate. According to Bitfarms' plan, if an entity accumulates more than 15% of Bitfarms' shares after June 20 and between September 10, the company will issue new shares to dilute the entity's shares.

Crypto exchange Lykke loses $22 million in “security incident” and shuts down trading two days later

According to DLNews, the British cryptocurrency exchange Lykke has closed trading on June 6, citing "unauthorized access" to its platform. Network researcher SomaXBT said the exchange was closed two days after being hacked. MetaMask developer and cryptocurrency defense expert Taylor Monahan said that $22 million in suspicious funds flowed out of the exchange. On-chain data shows that half of them are Bitcoin, and the rest are Ethereum, Litecoin, Bitcoin Cash, etc. In addition, Ethereum withdrawn from the exchange was immediately exchanged for the stablecoin DAI. Lykke users are currently unable to withdraw assets from the platform, and some of them said that their account balances have been emptied.

Alameda Research transferred about $13 million worth of tokens to CEX early this morning

According to Arkham data, at 4:54 am Beijing time today, the address marked as Alameda Research transferred $5.24 million worth of WXRP to Binance Deposit on the Ethereum chain, and transferred $900,000 worth of CPOOL to KuCoin Deposit. At 5:13 am, the address transferred $7 million worth of VBTC to Wintermute on the BNB Chain.

Data: Grayscale GBTC net outflow of $40 million on June 10

According to HODL15Capital monitoring, on June 10, Grayscale GBTC had a net outflow of US$40 million, Bitwise BITB had a net inflow of US$8 million, and Ark ARKB had no inflow/outflow of funds.

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