On-Chain Pre-IPO Frontrunning Traditional Markets: Longing SpaceX, OpenAI, Anthropic at Listing Could Yield Nearly 300% Profit
May 25, per Hyperinsight Monitoring (via its Telegram channel @HyperInsight), last November, the Ventuals platform on Hyperliquid rolled out pre-IPO assets for three leading tech unicorns—SpaceX, OpenAI, and Anthropic—over a single month. Current total open positions across these three assets sit at roughly $14.7 million.
Since the launch of their respective contracts, all three assets have posted significant price increases:
- SpaceX: Starting at ~$450 (implying a $4.5 trillion market cap), up 412%
- OpenAI: Starting at ~$550 (implying a $5.5 trillion market cap), up 138%
- Anthropic: Starting at ~$326 (implying a $3.26 trillion market cap), up 340%
If an equal, 1x leveraged long position was taken on all three assets on their opening days, the overall portfolio would have generated an approximate 297% return.
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Futu Securities (Hong Kong) Responds to the Eight Departments' Cross-Border Securities New Regulation: Holders of Overseas Identities Are Not Affected
May 25 – Futu Securities (Hong Kong) issued a statement on recent regulatory developments tied to a new cross-border securities industry rectification plan unveiled by eight Chinese government agencies. This sector-specific rule targets all financial firms offering overseas securities and fund trading services to mainland Chinese investors, including relevant brokerages, banks, and other financial institutions. The firm warned that any institution claiming exemption from these eight regulators’ new requirements may be fraudulent, advising users to retain all written communication as proof to protect their assets.
The mainland’s updated regulatory guidance applies only to investors across the industry who hold only a mainland Chinese ID card or passport, with no foreign citizenship or identity documentation. If a user holds any of the following foreign identity materials, their account and all trading services will remain unaffected: Hong Kong Permanent Resident Identity Card; Hong Kon
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FalconX: HYPE Token Price Soars to New All-Time High, Rivaling Traditional Exchanges and Prediction Markets
May 25. According to a new report from crypto research firm FalconX, leading exchange Hyperliquid is now competing directly with traditional trading platforms and prediction market operators, with its business expanding well beyond core perpetual futures trading.
The report points out that Hyperliquid has recently entered new domains including IPO pre-market trading, prediction contracts, and Real-World Asset (RWA) tokenization—moves that are broadening its appeal to traders who aren’t native to crypto ecosystems. Its native token, HYPE, has hit a new all-time high even as the broader crypto market struggles with weakness.
Specifically, Hyperliquid’s HIP-3 market—where users can trade stocks, commodities, forex, and IPO pre-contracts 24/7—is growing, with speculators betting on pre-listing prices for companies like Cerebras, Anthropic, and SpaceX. The platform has also launched HIP-4, an outcome market analogous to prediction platforms that lets traders wager on binary results for po
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SlowMist: Cross-Registry Supply Chain Attack Targeting Crypto and AI Developers
On May 25, cybersecurity firm PeckShield announced its MistEye threat detection system uncovered a cross-registry supply chain attack. The attacker pushed over 34 malicious packages (across more than 384 total versions) to npm, PyPI, and crates.io, targeting developers in the cryptocurrency, DeFi, Solana, Sui/Move, and AI industries.
These malicious packages were built to siphon sensitive data including crypto wallets, SSH keys, cloud credentials, GitHub and AWS tokens, browser data, environment variables, and developer secrets. Some payloads also attempted to maintain persistent access to compromised systems via .cursorrules, CLAUDE.md, Git hooks, shell startup scripts, cron jobs, systemd services, and SSH configurations.
Developers and security teams are advised to take immediate action: remove all affected packages, isolate any impacted systems, retain incident logs for investigation, rotate any exposed credentials, rebuild CI environments and developer workstations from clean, un
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Grayscale CEO: "'BTC OG Insider Whale' ZEC Short Liquidation Price Is a Reasonable Near-Term Price Target"
On May 25, Grayscale CEO Barry Silbert (@BarrySilbert) shared on social media that the short liquidation price of ZEC belonging to the "BTC OG Insider Whale" is a reasonable near-term price target. According to on-chain data, the whale's ZEC short position will be liquidated at $1,073.72.
Earlier, BlockBeats reported that the "BTC OG Insider Whale" had shorted 57,000 ZEC, incurring an unrealized loss of $1.9 million.
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Yonhap News: Samsung's Non-Chip Unit Union Seeks to Halt Wage Vote
May 25 (Yonhap) — A union at Samsung Electronics’ non-memory chip business division has filed for a temporary injunction with a Seoul court to block the ongoing vote on a salary agreement, Yonhap News Agency reported.
Samsung had earlier reached a preliminary salary deal with the union and called off a planned strike, but a special performance bonus provision for the semiconductor division in that agreement has sparked backlash among non-memory chip unit employees.
The vote was slated to run from May 22 to 27, with final results still pending.
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