An address deposited 10 million USDC into Hyperliquid to add to its short position on crude oil, currently facing an unrealized loss of $778,000.

May 23: Data from Farside shows the U.S. spot Bitcoin ETF posted a net outflow of $105.2 million yesterday, marking the sixth consecutive day of net outflows.

On May 23, the U.S. Federal Deposit Insurance Corporation (FDIC) rolled out a new rule that would set Bank Secrecy Act (BSA) and economic sanctions compliance standards for stablecoin issuers under its oversight. The proposal ties to the GENIUS Act, which mandates U.S. federal banking regulators to build a regulatory framework for stablecoin issuers. Earlier FDIC proposals already defined requirements for bank subsidiaries seeking approval to become stablecoin issuers, including rules for capital levels, liquidity, and risk management. This latest update goes a step further: it requires stablecoin issuers to follow anti-money laundering (AML), counter-terrorism financing (CFT), economic sanctions, and related reporting obligations—all aligned with rules established by the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC). The FDIC also plans to launch targeted supervision and enforcement mechanisms for these issuers’ AML/CFT programs. Once

On May 23, data from OnchainLens reveals Garrett Jin (@GarrettBullish), the operator behind the "BTC OG Whale Insider" account, opened a short position of 57,460 ZEC with 3x leverage, worth approximately $34.73 million. At the same time, he increased his HYPE holding to 68,560 ZEC, valued at around $38 million. Additionally, he still holds a long position of 504.40 BTC with 5x leverage, which currently carries an unrealized loss of roughly $922,800.

**Futu Holdings Updates: ~$160M ADS Repurchase Complete Amid Proposed Fine and Regulatory Scrutiny** May 23, 2026 – Futu Holdings Ltd. announced Wednesday that, as of May 23, the company has repurchased approximately $160 million worth of its American Depositary Shares (ADSs, each representing one Class A ordinary share) under its share repurchase plan first launched on November 18, 2025. The firm noted it may continue executing periodic repurchases going forward, dependent on prevailing market conditions. Separately, BlockBeats reported yesterday that following a proposed fine of roughly 1.85 billion yuan (equivalent to ~$271 million) from China’s Securities Regulatory Commission (CSRC) related to Futu’s cross-border business activities, investors and analysts are closely tracking the company’s profitability and operational pressure points. For context, Futu’s 2025 full-year financial results showed total revenue of 22.847 billion Hong Kong dollars, a 68.1% year-over-year increas

May 23. This week’s global markets were marked by wild swings driven by three core themes: escalating tensions in the Middle East, a hawkish pivot from the U.S. Federal Reserve, and a white-hot AI IPO boom. The U.S. dollar and Treasury yields surged, while gold, oil, and tech stocks see-sawed violently. AI heavyweights including SpaceX, OpenAI, and Anthropic accelerated their IPO plans, sending global risk assets into a period of heightened volatility. On the macro front, Kevin Wash was formally sworn in as the new Fed Chair, pledging to lead a “reform-focused” Federal Reserve. Concurrently, minutes from the Fed’s April meeting revealed that most officials view inflation risks as re-emerging, signaling further interest rate hikes may be on the table. Market expectations for “rates staying higher for longer” jumped sharply, pushing the 30-year Treasury yield to its highest level since 2007. The Middle East remained a top market wildcard. While U.S.-Iran negotiations appeared close to

On May 23, the so-called "Pizza Index"—dubbed by markets as a loose barometer for U.S. military moves—flared up in unusual ways again, per data from monitoring account Pentagon Pizza Watch. Domino’s, located 1.4 miles from the Pentagon, saw a staggering 227% jump in order volume, while nearby spot Pizzato Pizza (2.2 miles away) logged a 167% surge in foot traffic. The "DOUGHCON" alert level was hiked to Level 1 this past Friday evening. For a while now, the "Pentagon Pizza Index" has been viewed by netizens as a folksy, on-the-ground indicator of potential major U.S. military operations or long hours for Pentagon staff. BlockBeats reports: Even as diplomatic efforts continue, the Trump administration was ramping up plans for a new round of military strikes on Iran. No final decision on launching the strikes had been made as of press time Friday. Trump took to social media to announce he would miss his son Donald Trump Jr.’s wedding this weekend, citing "special circumstances related