[News Flash] The Federal Reserve issued a cease and desist order to Evolve Bank, which attracted market attention. The daily trading volume of the blockchain project Aptos surged by more than 1,400% in just three days, showing strong market vitality. The LayerZero Foundation was officially established and is expected to release an important notice on June 20. On the other hand, Gemini's cryptocurrency lending project in New York State was banned, which aroused the industry's attention to the regulatory attitude. Financial lawyers predict that the spot Ethereum ETF may be approved as early as the end of July, and Bloomberg's ETF analysts even expect that the launch date of the spot Ethereum ETF may be brought forward to July 2. The chairman of the US SEC emphasized that the economic substance of the product will determine whether it is a security under the securities law. In addition, the Bitcoin Voter Project organization founded by US mining executives intends to influence cryptocurrency voters, showing the growing influence of cryptocurrency in the political field.