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Strike accused of withdrawing $29.5 million and 1,939 BTC in advance
XPEL Technologies has filed documents with the U.S. Securities and Exchange Commission, disclosing that on May 15 it amended its existing credit agreement with Wells Fargo.
Web3 user-generated content platform Tomoland raises $2 million in funding, led by Sky9 Capital
Odaily reported that the Web3 user-generated content platform Tomoland announced the completion of a $2 million funding round, led by Sky9 Capital. WAGMI Ventures, Aureus Dealers, as well as angel investors from Meta, Depinx Capital, Netease and Virtuals also participated. The new funds are planned to be used for building a system that integrates user-generated content with Web3 ownership, promoting the fusion of gaming ecosystems and the Web3 economy. (Globenewswire)
Odaily reported that the Web3 user-generated content platform Tomoland announced the completion of a $2 million funding round, led by Sky9 Capital. WAGMI Ventures, Aureus Dealers, as well as angel investors from Meta, Depinx Capital, Netease and Virtuals also participated. The new funds are planned to be used for building a system that integrates user-generated content with Web3 ownership, promoting the fusion of gaming ecosystems and the Web3 economy. (Globenewswire)
Report: Warren Urges Federal Reserve to Update Stress Tests to Reflect Oil Shock Risks
HYPE returns to $50 after 240 days, AI giants' on-chain IPO boom drives value discovery for Perp DEX
BlockBeats news, on May 20, according to market data from a certain exchange, HYPE has surpassed $50, with a 24-hour increase of 5.1% and a cumulative year-to-date gain of 96.6%. Market attention is focused on its HIP-3 pre-IPO perpetual contract ecosystem, with related trading volumes exceeding $120 billion. Hyperliquid has launched pre-listing perpetual contracts for popular AI companies such as SpaceX, Anthropic, and OpenAI. Among them, the Cerebras perpetual contract launched by TradeXYZ has a price deviation of only about 3% from its opening price on Nasdaq, while the deviation in traditional secondary market quotations reaches as high as 35%.
Currently, the SpaceX pre-IPO contract SPCX is already live on Hyperliquid, with a reference valuation of approximately $1.78 trillion. The market expects SpaceX's IPO to raise between $75 billion and $80 billion, while Anthropic and OpenAI are both targeting valuations in the $1 trillion range. The HIP-3 model allows retail investors to participate in pre-IPO price discovery of large technology companies on-chain for the first time, but it may also face scrutiny from U.S. regulators regarding “unregistered securities exposure.”
BlockBeats news, on May 20, according to market data from a certain exchange, HYPE has surpassed $50, with a 24-hour increase of 5.1% and a cumulative year-to-date gain of 96.6%. Market attention is focused on its HIP-3 pre-IPO perpetual contract ecosystem, with related trading volumes exceeding $120 billion. Hyperliquid has launched pre-listing perpetual contracts for popular AI companies such as SpaceX, Anthropic, and OpenAI. Among them, the Cerebras perpetual contract launched by TradeXYZ has a price deviation of only about 3% from its opening price on Nasdaq, while the deviation in traditional secondary market quotations reaches as high as 35%.
Currently, the SpaceX pre-IPO contract SPCX is already live on Hyperliquid, with a reference valuation of approximately $1.78 trillion. The market expects SpaceX's IPO to raise between $75 billion and $80 billion, while Anthropic and OpenAI are both targeting valuations in the $1 trillion range. The HIP-3 model allows retail investors to participate in pre-IPO price discovery of large technology companies on-chain for the first time, but it may also face scrutiny from U.S. regulators regarding “unregistered securities exposure.”