Quantinuum IPO Pre-market Plunge 13.78%, Currently Trading at $93.65
Per Binance’s Pre-IPO data as of May 30, Quantinuum’s IPO pre-trading contract slid 13.78% over the past 24 hours, currently trading at $93.65, with a 24-hour trading volume of $22.91 million.
In other pre-trading updates: OPENAI’s IPO pre-contract gained 0.73% to $1,401.90, with a 24-hour volume of $5.06 million; SPCX’s pre-trading contract climbed 1.82% to $198.56, and its 24-hour volume hit $34.93 million.
On the news front: Sources familiar with the matter indicated Quantinuum is considering expanding its IPO size and raising its offering price range amid strong investor subscription demand. The company may increase the number of shares issued while lifting its original price range by roughly 10%. Previously, Quantinuum planned to issue approximately 21 million shares at a price band of $45 to $50 per share, corresponding to a maximum valuation of around $12.7 billion. Bloomberg had earlier reported the IPO received several times oversubscription.
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Gravity Bridge is suspected to have been targeted in a private key leak attack, resulting in the theft of around $5.4 million in assets.
May 30th, on-chain analyst Specter reported that the bridging contract key of cross-chain protocol Gravity Bridge was allegedly leaked, leading to the theft of approximately $5.4 million in total assets. The stolen assets include:
4.3 million USDC;
274 WETH (valued at around $553,000);
434,000 USDT;
and $64,000 worth of PAYG.
The related attack addresses are:
0x7B582033061b96cC3F9421e73a749ED7C62da1F9
0x4d3ca32e687e871a58b78AcAc73bE59AC37C7A47
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Bloomberg: Iran Missile Attack on Kuwaiti US Military Base Injures Several American Troops, Damages Two MQ-9 Drones
On May 30, citing sources, Bloomberg reports that an Iranian ballistic missile struck a U.S. military base in Kuwait, leaving several American personnel with minor injuries and causing severe damage to two MQ-9 "Reaper" drones. Kuwait’s air defense system intercepted the incoming missile, but debris from the interception still impacted Ali Al-Saleem Air Base.
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xAI Accelerates Iteration with Grok Build, Introducing X-Search, File Parsing, and Multi-Agent Capability, Advancing Toward a Mature AI Programming Platform
May 30 – xAI has been rolling out consistent updates to its AI coding tool Grok Build, and with the latest release at version 0.2.11, it’s added new features and performance optimizations, evolving rapidly from an early CLI tool to a full-fledged Agentic Coding environment.
On the feature front, Grok Build now integrates X Platform and faster web search, plus new commands like /export, /login, /usage, and /config-agents. It also supports an interactive file reader, PowerPoint text extraction, and an Always-approve mode to simplify permission workflows.
For compatibility, the update adds support for Windows ARM64 and macOS x86_64, optimizes experiences for dev environments including Warp, JetBrains, and classic Windows terminals, and fixes copy-paste bugs on Linux Wayland, WSL, and Windows.
When it comes to Agent functionality, Subagents can now share terminal backends, task schedulers, and monitoring systems across sessions. Other Agent improvements include an active alert system, a
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Cryptocurrency Decouples from US Stocks: S&P 500 Hits New High with Nine Weeks of Gains, While Bitcoin and Ethereum See Continued Weekly Declines
May 30: Fueled by optimistic expectations of a potential U.S.-Iran ceasefire extension, U.S. stocks and oil markets rallied this week. The S&P 500 notched its ninth straight weekly gain, marking the longest weekly winning streak since 2023, while Brent crude held steady around $92 a barrel.
Crypto markets, however, failed to track broader risk asset gains. Bitcoin dipped 2.6% to $73,445 over the past week, Ethereum dropped 2.5% to $2,011, Solana fell 2.2%, and TRX plummeted 5.6%—making it one of the weakest-performing top-10 tokens by market capitalization. Analysts cite cooling inflows into spot Bitcoin ETFs as a key headwind pressuring Bitcoin’s price.
By contrast, some small and mid-cap tokens stood out. Hyperliquid’s native token HYPE surged 19.4% to roughly $65 this week, emerging as the market’s standout performer. The rally got a lift after Intercontinental Exchange (ICE) CEO Jeffrey Sprecher called Hyperliquid a “bigger opportunity than Nasdaq” at the Bernstein Conference
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Viewpoint: The greatest threat of quantum computing is not against Bitcoin private keys; the financial system is facing a "gather first, decrypt later" risk
May 30 — Andrew Gault, founding partner of deep-tech investment firm 7percent Ventures and CEO of networking company ZeroTier, says the market is far too focused on quantum computing’s threat to Bitcoin wallet private keys, while overlooking a more imminent risk: encrypted communications data currently being transmitted between financial institutions.
Gault points out attackers are employing a “collect now, decrypt later” strategy, mass-storing encrypted data such as interbank communications, payment authentication records, and digital signatures — waiting for future quantum computers with sufficient power to decode them. He argues the real danger lies not in static stored data, but in the daily authentication and signature info flowing between crypto exchanges, custodians, cross-chain bridges, and financial firms.
In March, Google’s Quantum AI team released a study stating a fully capable future quantum computer could derive Bitcoin private keys from public keys in roughly 9 minutes
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