OKX Star Questions CZ's 'Hyperliquid Non-compliance' Remarks

June 17: According to Al Arabiya, Israel launched a drone strike on the southern Lebanese town of Ansariyeh. (FXStreet)

On June 17, Morgan Stanley noted that AI servers and data centers will fuel explosive demand growth for high-end multilayer ceramic capacitors (MLCCs). Murata Manufacturing Co., Ltd. stands out as the top pick in Japan’s electronics components sector, thanks to its ability to consistently mass-produce small, high-capacity MLCCs—an edge no peer has matched yet. In a June 16 research report, analysts including Shoji Sato sharply raised Murata’s price target from ￥5,100 to ￥12,500, maintained an Overweight rating, and named the Japanese firm their industry Top Pick. The report projects Murata will hold a 40.8% share of the global MLCC market by 2025, outpacing rivals Samsung Electro-Mechanics and Taiyo Yuden. Morgan Stanley forecasts global MLCC shipment values will jump from $14.67 billion in 2025 to $24.25 billion in 2028, translating to a 18.2% compound annual growth rate (CAGR) over the three-year period. Demand for small, high-capacity, high-value MLCCs tailored to AI servers a

June 17: Chinese social media and lifestyle platform Xiaohongshu is targeting an initial public offering (IPO) in Hong Kong, with the earliest possible launch timeline falling at the end of this year, according to a new report from *The Wall Street Journal*. Anonymous sources familiar with the matter reveal that Xiaohongshu’s latest projected valuation tops $70 billion, and the firm is on track to post more than $3 billion in net profit this year. Major investors have maintained strong optimism about its long-term value, citing its robust growth and consistent profitability. Recent secondary market transactions have already valued Xiaohongshu at over $50 billion. If the IPO proceeds smoothly, it will emerge as one of the most closely-watched new listings in China’s internet sector in recent years, a development that highlights a growing repricing trend for consumer internet and content platforms in global capital markets.

NEW YORK, June 17 (The Block) — Several U.S. gambling industry associations are urging Congress to insert explicit provisions in the upcoming crypto market infrastructure bill that would ban crypto platforms from offering "prediction markets" tied to sporting events and casino-style betting as financial products. In a letter to the Senate, groups including the American Gaming Association, Indian Gaming Association, and Association of Gaming Equipment Manufacturers argued such platforms deliver nationwide gambling services via products like "sports event contracts," effectively bypassing state gambling regulators and local licensing requirements. These offerings, marketed under the guise of "financial derivatives," weaken consumer protections, pose risks to young users, and upend the traditional gambling ecosystem—an industry reliant on local tax revenue and job creation. The controversy unfolds against the backdrop of ongoing U.S. crypto regulatory efforts: the Senate Banking Committ

June 17: Official sources confirm Binance Wallet has rolled out its 8th Pre-TGE Prime Sale event, featuring the project RE. The event runs from 12:00 UTC to 14:00 UTC on June 17, and only users holding Binance Alpha Points are eligible to join this subscription round. Per the event rules, each Binance Wallet user has a subscription cap of 3 BNB for this round. After the Pre-TGE phase concludes, users will receive RE-related key assets on the Binance Smart Chain (BSC) network; additionally, the ETH portion will be airdropped to users’ Binance Alpha accounts on TGE day.

June 17 – The global market’s core narrative is shifting away from “the Middle East war is drawing to a close” toward “asset repricing in the post-conflict era.” Details of the U.S.-Iran memorandum of understanding (MOU) are coming into focus, including lifted oil export restrictions, unfrozen assets, and a planned $300 billion private investment fund. Markets are already pricing in Iran’s return to global energy and capital markets, but the actual pace of Strait of Hormuz normalization remains unclear: European allies are wary of demining and escort operations, and shipping firms broadly estimate a full return to unimpeded transit will take weeks or longer. Geopolitical risk has faded, but it’s by no means gone. Energy markets are already reflecting this shift. With the U.S. potentially allowing Iran to immediately resume oil exports, roughly 68 million barrels of stranded Iranian crude are poised to re-enter the market. Add to that the potential expiration of Russia’s oil exemption,