Odaily News Ripple and the U.S. Securities and Exchange Commission (SEC) filed a joint motion with the Federal District Court for the Southern District of New York, requesting the court to lift the ban on Ripple and reach a settlement of $125 million in fines - $50 million to the SEC and $75 million to Ripple. Both parties pointed out that the SEC's view on cryptocurrencies has changed. Since the former chairman stepped down, the agency has withdrawn several investigations and charges, and has also set up a working group to develop a regulatory framework. There are "special circumstances" and modifying the final judgment will help reconcile, avoid appeals and save resources. The motion is the latest development in the nearly five-year legal dispute between the two parties. (The Block)

Odaily News MicroStrategy board member Carl Rickertsen sold all of his MSTR shares in multiple transactions this month, cashing in just over $10 million. Rickertsen has sold his stock options on the day of exercising them since joining the board in 2019, and reported on June 5 that he no longer holds any shares after this round of transactions. (Protos)

Odaily News Market data shows that spot gold surged by $50.08 during the day and is now trading at $3,435.87 an ounce, up 1.48%.

Odaily News Iran's state television said Iran announced that it would close its airspace until further notice. (Jinshi)

Odaily News According to Onchain Lens monitoring, a whale address deposited 8.7 million USDC into HyperLiquid and purchased 77,353.84 HYPE at $38.68, with a total value of $3 million. This whale user also holds 799,698 HYPE worth $30.77 million, and is likely to continue to buy more HYPE.

Odaily News Iranian security sources told Reuters that Iran was planning a "harsh response" to the Israeli attack.