Lookonchain APP

App Store

Figma CEO voluntarily waives $46 million in stock awards, aiming to restore investor confidence.

1 hours ago

According to Bloomberg, Figma Inc. CEO Dylan Field has voluntarily waived approximately $46 million in company stock awards, a move aimed at restoring investor confidence amid concerns over disruption from artificial intelligence. In a filing submitted on Wednesday, Figma stated the waiver was voluntary and no replacement awards were issued. Field was originally scheduled to receive around 2.4 million Class B shares on July 1. Class B shares grant Field greater control over the company and can be converted at any time into Class A shares that trade publicly. On July 1, Class A shares closed at $19.49.

Relevant content

Binance to list KOUSDT and RDDTUSDT perpetual contracts

According to an official announcement, Binance will launch the following perpetual contracts at the times below: KOUSDT Perpetual Contract at 17:00 (GMT+8) on August 6, 2026; RDDTUSDT Perpetual Contract at 17:05 (GMT+8) on August 6, 2026.

1 seconds ago

A crypto whale made a fresh purchase of 10,000 ETH after a two-week hiatus, bringing its total holdings to 37,000 ETH.

According to monitoring by ai_9684xtpa, whale address 0x8c5...A04b1, which conducted an over-the-counter (OTC) trade of 27,000 ETH on July 23, received an additional 10,000 ETH from Galaxy Digital in the past five hours, valued at $19.1 million. Since July 23, the address has accumulated a total of 37,000 ETH, with a total value of approximately $71.13 million, an average entry price of $1,922.5, and currently holds an unrealized loss of $908,000.

1 seconds ago

Goldman Sachs: South Korean AI stocks have plunged too sharply, their fundamental logic remains intact.

Goldman Sachs has not shifted its stance on Korea’s AI chain amid the recent sharp sell-off. In its latest view, the sell-off of Korea’s AI-related stocks has gone too far. The bank continues to maintain an overweight position on the Korean stock market, and regards the memory cycle as the core support for this rally. Goldman Sachs notes that this round of decline largely reflects position and leverage unwinding, with fundamental logic remaining intact. The bank’s core rationale remains the sustained demand pull from AI computing power for DRAM, HBM, and NAND. Goldman Sachs argues that AI servers, cloud providers’ capital expenditure, and demand for high-bandwidth memory are creating longer-term supply-demand tightness, and the market has not fully priced in the scenario where memory chip shortages could persist until 2030. Because memory manufacturers have high operating leverage, their earnings elasticity will expand rapidly once prices stay strong. This explains why Goldman Sachs remains bullish on the Korean market after the sharp sell-off. Samsung Electronics and SK Hynix together account for roughly half of the KOSPI’s weight, meaning the Korean stock market has essentially become a high-beta expression of the global AI hardware cycle. For U.S. stock investors, this logic also spills over to Micron, SanDisk, Western Digital, and the semiconductor equipment chain. AI stocks have seen heightened volatility recently, but as long as cloud providers’ capital expenditure does not slow significantly, memory remains the most directly benefiting segment of AI infrastructure.

1 seconds ago

Foreign media: Iran seeks to charge 5% to 7% of the value of goods for ships transiting the strait.

According to Reuters, citing a senior Iranian source and two regional officials, a proposed Iran-Oman deal would grant Iran control over vessels entering the Gulf via the Strait of Hormuz, one of the most significant concessions Iran has secured to date. Iran later stated that all vessels entering and exiting the Gulf would pass through Iranian waters. Regional sources noted that details remain to be finalized regarding how "control" would be defined. Iranian sources said the draft deal currently on the table envisions Iran controlling vessels transiting the strait into the Gulf, with one key point of contention being what role Iran would play for vessels heading in the opposite direction. Iran's deputy foreign minister later said: "The route is designed such that commercial vessels' inbound and outbound paths will pass through Iranian territorial waters." Senior Iranian officials revealed that Iran is seeking to charge vessels using the strait a fee equivalent to 5% to 7% of the cargo value, while Oman is discussing a lower rate of around 3%, and Washington wants no fees at all. Making the fee nominally voluntary could be a way to break the impasse, but shipping companies may have to pay to transit amid the threat of potential Iranian attacks.

1 seconds ago

Whales accumulate 1,540 $BTC ($99.4M) from Galaxy Digital and BitGo in 3 hours

Whales are accumulating $BTC! Four newly created wallets have received 1,540 $BTC($99.4M) from #GalaxyDigital and #BitGo in the past 3 hours.

1 seconds ago

The "Big Short" Michael Burry's latest portfolio adjustment: increases holdings in Flutter, while selling DraftKings

Michael Burry, the real-life inspiration for "The Big Short", disclosed his latest portfolio adjustments via his Substack account today: he has sold his long position in DraftKings (DKNG) and increased his long position in Flutter (FLUT).

1 seconds ago