1. Tether has a secondary market valuation of up to $375 billion; its largest shareholder’s net worth may exceed that of Warren Buffett; 2. SEC Chair: The U.S. missed the window for crypto regulation and is now accelerating efforts to modernize rules; 3. White House AI and Crypto Director: The crypto industry has already made concessions on stablecoin yield issues; banks should respond;4. Donald Trump issues a statement urging the Supreme Court to rehear or reconsider its tariff policy case; 5. Morgan Stanley applies for a banking license to expand its digital asset custody and staking businesses; 6. Vitalik Buterin outlines the "Ethereum" scaling plan, covering short-term gas fee optimization and the phased deployment of ZK-EVM in the long term; 7. Minnesota proposes a bill to completely ban cryptocurrency ATMs;8. Jack Dorsey’s company Blocks added 340 BTC, valued at $22 million; 9. Paradigm plans to raise up to $1.5 billion to establish a new fund targeting cutting-edge fields such as AI and robotics;10. JPYC, the issuer of a Japanese yen-pegged stablecoin, has completed a Series B funding round of approximately $12 million, led by Asteria; 11. OpenAI and Amazon have announced a strategic partnership, with Amazon investing $50 billion in OpenAI;12. The South Korean National Tax Service suffered a theft of $4.8 million in assets after leaking a mnemonic phrase in a press release.