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SpaceX Prepares for IPO by Unlocking Early Employee Stock Options

4 days ago

April 17 (Bloomberg) -- SpaceX has moved up the vesting timeline for employee stock incentives to as soon as next week, shifting from the original May plan amid its impending IPO process. Insiders say the move aims to ease employees’ uncertainty about how many shares they’ll be able to sell at listing, giving them clearer liquidity expectations once the company goes public. The broader market views this adjustment as further proof SpaceX is accelerating its IPO push. Previous reports noted the company plans to file its IPO application as early as May, with pricing targeted for mid-June and a valuation target exceeding $2 trillion—potentially making it one of the largest IPOs in history. Overall, early stock unlocking is a typical pre-IPO employee incentive management step, designed to stabilize team expectations and prepare in advance for potential large-scale liquidity release.
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ZachXBT: KelpDAO Attacker Begins Laundering Stolen Funds Through Thorchain

April 21 — On-chain sleuth ZachXBT posted to his personal channel that the KelpDAO attacker has begun laundering stolen funds: moving assets from Ethereum mainnet to Bitcoin via Thorchain, plus an additional $78,000 laundered via Umbra.

5 minutes ago

Tradexyz's parent company applies to meet with the US CFTC

On April 21st, the U.S. Commodity Futures Trading Commission (CFTC) announced that Unit Labs — parent company of Unitxyz and Tradexyz — filed a request to meet with the regulator on April 7th.

5 minutes ago

HTX Genesis Hackathon Kicks Off in Hong Kong, HTX DAO Ambassador Molly Reveals Ecosystem Landscape

April 21st The HTX Genesis Hackathon—organized by HTX DAO and B.AI, co-hosted by TinTinLand and OpenCity—kicked off in Hong Kong. At the event, HTX DAO Ambassador Molly delivered a keynote on the **"HTX DAO Ecosystem Development Plan: Launch of the Multi-Million Ecosystem Fund and Value Loop Strategy."** She noted the hackathon’s core vision is to build a free financial port rooted in the exchange’s ecosystem. To that end, a five-tier ecosystem matrix spanning the entire industry chain has been established, including: - Huobi HTX as the core business engine and liquidity hub; - HTX DAO as the ecosystem’s governance hub and centralized decision-making brain; - Public chain/innovation layer leveraging TRON for payment network support; - Robust DeFi infrastructure built with projects like JustLend and SunX; - HTX Ventures focusing on industry frontiers, offering investment, incubation, and acceleration for top projects; - B.AI targeting future trends, dedicated to buildi

5 minutes ago

Cobo Showcases Agent Transaction 'Contractual Execution' Solution: Completing Multi-step Operations in One Authorization, Balancing Autonomy and Security

April 21 — At the "Decoding Web 4.0: When AI Agents Take Over On-Chain Governance" event, Cobo showcased its AI agent-focused "Contractual Execution" mechanism in a live demo session, highlighting how the tool works in real-world transaction scenarios. Built on four core components — intent, execution path, constraint rules, and completion conditions — the mechanism structurally defines each transaction, letting AI agents act autonomously within pre-set parameters. For basic use cases like token swaps, users only need to approve the contract one time. Once greenlit, AI agents execute transactions automatically within set constraints. When a transaction completes, the contract terminates and switches to a pending trigger state to avoid long-term permission risk exposure. For complex use cases like cross-chain bridges, AI agents can plan paths autonomously (including choosing bridges, executing routes, and more) and package the full execution plan into a set of contracts for use

5 minutes ago

Suspected Galaxy Digital affiliated address continues to reduce ETH short position, recently liquidated $11 million spot.

April 21st — According to monitoring data from HyperInsight (via the Telegram channel HyperInsight), a Galaxy Digital-affiliated address (0xcac19662ec88d23fa1c81ac0e8570b0cf2ff26b3) has been continuously closing Ethereum (ETH) short positions over the past 16 hours. It has reduced its holdings by 905 ETH, equivalent to approximately $2.09 million. The address currently holds an unrealized profit of $2.6 million, with a total position size of $7.4 million. Since March, the address has significantly scaled back its positions: it has consistently sold Bitcoin (BTC) and ETH spot assets (totaling $11 million in sales, with full liquidation of spot holdings) while simultaneously closing short positions. Its short position size has dropped from $35 million to $13.8 million, and it has generated roughly $3.5 million in profits from funding fee settlements during this period. This address has repeatedly received on-chain funds from G

5 minutes ago

Ripple Releases XRPL Quantum Roadmap, Aiming for Full Transition by 2028

On April 21, Ripple unveiled its XRPL Quantum-Secure Roadmap—an initiative to fortify the XRP Ledger (XRPL) against future quantum threats, with full readiness targeted by 2028. The roadmap outlines four key stages: 1. **Post-Quantum Recovery (Q-Day Preparedness)**: Focuses on establishing contingency plans to safeguard funds if classical cryptographic standards are decrypted. 2. **H1 2026**: Proactive planning and testing to assess quantum risks, plus collaboration with Project Eleven to validate NIST-recommended algorithms. 3. **H2 2026**: Integration of post-quantum signature schemes into Devnet, alongside exploration of privacy primitives. 4. **2028 Target**: Propose ecosystem amendments to enable a full transition to native post-quantum cryptography. Ripple noted that XRPL’s built-in key rotation and seed-derived key generation capabilities already lay the groundwork for this migration—positioning it with a protocol edge over networks like Ethereum when addressing qu

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