News Flashes
Web3 & crypto industry news flashes
- 16 minutes ago · 9 views
Sports “momentum market” SpeedLabs closes $6.5M seed round, led by Parlay Capital
According to FINsmes, sports “momentum market” SpeedLabs announced the completion of a $6.5 million seed funding round, led by Parlay Capital, with participation from Bullpen Capital, TA Ventures, and EdgeEquity. Unlike traditional prediction models, SpeedLabs has built a market engine designed for live sporting events—capable of reading real-time game dynamics and instantly creating and pricing markets based on in-game developments, enabling users to trade on shifts in game momentum. The company believes these newly generated, real-time event momentum markets represent the next growth frontier for prediction markets.
Source - 22 minutes ago · 17 views
International gold and silver prices decline; spot gold falls below USD 4,470 per ounce
According to Bitget data, spot gold has declined short-term, breaking below USD 4,470 per ounce, down 0.31% on the day. NYMEX gold futures have fallen below USD 4,500 per ounce, down 0.15% on the day. Spot silver is currently trading at USD 74.69 per ounce, down 0.17% on the day.
- 29 minutes ago · 15 views
A major whale deposited 3.82 million GRASS tokens into an exchange, incurring a $4.22 million loss over one year.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale deposited 3.82 million GRASS tokens (valued at approximately $1.86 million) into Bybit and OKX after holding them for one year. This represents a loss of roughly $4.22 million compared to the initial acquisition cost of $6.08 million—funds originally withdrawn from Gate, Bybit, and BitGo.
Source - 31 minutes ago · 21 views
X Layer and xStocks Announce Strategic Partnership; OKX Wallet to Integrate Tokenized Stock Assets
According to an official announcement, X Layer has entered a strategic partnership with xStocks, a regulated tokenized stock issuance platform. The two parties will jointly facilitate the integration of tokenized equity assets into the X Layer ecosystem and make related trading services available to OKX Wallet users. In the future, users will be able to trade xStocks-related assets 24/7 within OKX Wallet, benefiting from settlement, liquidity, and distribution capabilities provided by X Layer. Additionally, the partners will launch a fast-track listing mechanism to accelerate the tokenization and trading circulation of popular stocks and thematic ETFs under a compliant regulatory framework.
Source - Hot35 minutes ago · 139 views
Distributed Capital–associated address suspected of selling over 10,000 ETH, with an unrealized loss of approximately $11.79 million
According to on-chain analyst Ai Aunt (@ai_9684xtpa), the Fenbushi Capital-associated address 0xaF3…74446 transferred 11,101 ETH (valued at approximately $21.94 million) to Amber Group’s deposit address 8 hours ago, at a deposit price of roughly $1,977 per ETH. Tracing its accumulation history, this address withdrew a total of 33,398 ETH (approximately $101 million) from Binance between February and April 2024 at an average price of $3,039 per ETH. If sold at the current market price, the position is expected to incur a loss of approximately $11.79 million.
Source - an hour ago · 19 views
Charles Schwab Plans to Launch Crypto Spot Trading for Advisors in 2027
According to Citywire Pro Buyer, the head of Charles Schwab’s custodial platform stated that the company plans to launch cryptocurrency spot trading functionality for its registered investment advisors (RIAs) in 2027, and related preparations are progressing as scheduled.
Source - an hour ago · 23 views
Dongwu Securities initiates coverage of HASHKEY HLDGS (03887) with a “Buy” rating.
The report states that the company has built a global digital asset ecosystem centered in Hong Kong. Its equity is highly concentrated, and its management team combines expertise from both traditional finance and Web3. In 2025, the company’s revenue reached HK$723 million, representing a modest 0.3% year-on-year increase; however, its business structure has shifted from being transaction-driven to one where trading, on-chain services, and asset management operate synergistically. The company expects its net profit attributable to shareholders for 2026–2028 to be –HK$794 million, –HK$296 million, and HK$511 million, respectively—indicating a continuous narrowing of losses and a path toward profitability.
- an hour ago · 42 views
Strategy’s Bitcoin Sale Sparks $20 Million Prediction Market Controversy on Polymarket
According to The Block, Strategy disclosed in an SEC filing that it sold 32 BTC between May 26 and May 31, generating approximately $2.5 million in proceeds to pay dividends on its preferred stock. This marks the company’s first Bitcoin sale since December 2022. The disclosure sparked controversy in a Polymarket prediction market—valued at over $20 million in trading volume—that had asked whether Strategy would sell Bitcoin before May 31. The dispute centers on whether the sale qualifies: “Yes” proponents argue the sale occurred before the deadline; “No” proponents contend the information was not publicly disclosed before the market closed and therefore should not count. The market has now entered its final review phase. Polymarket added that “results confirmed outside the deadline will not be recognized,” leaning toward the “No” side. If the dispute escalates further, UMA token holders will vote to resolve it—but prior reports indicate UMA voting power is highly concentrated, with over 60% of active voters linked to Polymarket accounts, raising concerns about impartiality.
Source - Hotan hour ago · 94 views
South Korea’s stock market capitalization surpasses India’s, ranking sixth globally
Driven by the continuous surge in chip giants’ stock prices, South Korea’s stock market has overtaken India’s to become the world’s sixth-largest equity market. Data shows that the total market capitalization of South Korean-listed companies surged 86% this year to $5 trillion, while India’s fell to $4.8 trillion. So far this year, South Korea’s stock market has successively surpassed those of Canada, Germany, the UK, and France. (Jinshi)