*#whatsupwithweb3* on _9 June 2025_ *_NFA, DYOR_* *Buzzword of the Day* LIBRA PUMP *News* President Milei Gets Absolved: No Infringement Found in Libra’s Promotion https://news.bitcoin.com/president-milei-gets-absolved-no-infringement-found-in-libras-promotion/ Deutsche Bank Explores Stablecoins and Tokenized Deposits https://www.bloomberg.com/news/articles/2025-06-06/deutsche-bank-is-exploring-stablecoins-and-tokenized-deposits *Article and Reads* TOKEN2049 Summary: Stablecoin are becoming the backbone of Web3 - From hype to utility, the crypto industry is entering its execution era. [EN] https://reports.tiger-research.com/p/token2049-dubai-eng [ID] https://reports.tiger-research.com/p/token2049-dubai-idn *Security and Scam Updates* Bitcoin DeFi project ALEX exploited again, aBTC depegs https://protos.com/bitcoin-defi-project-alex-exploited-again-abtc-and-sbtc-depeg/ Sui's Cetus DEX Is Back Online After $223M Exploit https://www.coindesk.com/business/2025/06/09/sui-s-cetus-dex-is-back-online-after-usd223m-exploit *Project Updates* Sony Launches Soneium Incubator Program https://www.coindesk.com/business/2025/06/09/sony-s-layer-2-blockchain-soneium-unveils-gaming-incubator Ripple Launches Structured Program to Back Japanese XRPL-Focused Web3 Startups https://cryptonews.com/news/ripple-launches-structured-program-to-back-japanese-xrpl-focused-web3-startups/ *Raises and Funding* Former Coinbase employees raise $30 million Series B for crypto infrastructure startup Turnkey https://www.theblock.co/post/357445/former-coinbase-employees-raise-30-million-series-b-crypto-infrastructure-startup-turnkey