An a16z-affiliated entity has increased its position by 253,947 HYPE tokens, worth approximately $15.03 million.
On May 28, on-chain analyst Ai (@ai_9684xtpa) reported that an entity affiliated with a16z has received 253,947.43 HYPE tokens from major exchanges and liquidity providers over the past seven hours. The total value of this batch of tokens is $15.03 million, with an average purchase price of $59.2 per HYPE token.
1 minutes ago
On-chain Staking Decreases by Over 3.15 Million Coins Following Price ATH, Staking Size Slightly Retreats
May 28: Hyperscreener data shows that after hitting a fresh all-time high (ATH) last week, the on-chain staking volume for Hyperliquid’s HYPE token has dipped.
A week ago, on the exact day HYPE reached its ATH, total on-chain staking stood at 434.76 million tokens: the official foundation held 234.42 million staked, while non-foundation addresses accounted for the other 200.34 million. As of now, that total has fallen to 431.61 million tokens—with the foundation’s staked amount at 233.36 million and non-foundation holders at 198.25 million.
In the week following HYPE’s ATH, total on-chain staking dropped roughly 3.15 million tokens. Breakdown shows the Hyperliquid foundation unstaked around 1.06 million tokens, while non-foundation addresses pulled approximately 2.09 million in staked HYPE.
Per HTX market data, HYPE is currently trading at $58.2, down 3.36% over the past 24 hours.
Market analysis suggests that after HYPE’s sharp surge to its new high, some holders unstaked to u
1 minutes ago
Polymarket denies implementing full KYC, only requiring some users to verify for the beta product
May 28 — Josh Stevens, VP of Engineering at prediction market platform Polymarket, refuted a The Information report alleging Polymarket plans to roll out KYC (Know Your Customer) for all users over compliance pressures. Stevens called the report inaccurate, stating Polymarket is only testing a new beta product where a limited subset of beta participants need KYC during the testing phase. The existing core Polymarket platform has no new KYC requirements, and once the beta test wraps up, users will not need to undergo KYC for regular, standard platform usage.
1 minutes ago
「Stock God」 Serenity: May Analyze Two Chinese Stocks, Even Though Personally Not Invested
May 28th – The so-called "Stock God" Serenity posted on social media, saying, "Seeing the massive support from the Chinese community on X really brightens my day. This reflects a fascinating cultural difference: people here always make an effort to unpack my thinking process and stock-picking logic, using those insights to refine their own investment systems.
By contrast, folks from other cultural backgrounds often come in and dismiss everything outright. For fun, I might even start sharing my views on two Chinese stocks – even if I don’t currently hold any positions in them."
1 minutes ago
Samsung Securities is planning to acquire a 2% stake in Dunamu, the operator of Upbit, with an estimated investment of around $203 million.
On May 28, Samsung Securities announced it will acquire a stake in Dunamu—operator of South Korea’s largest cryptocurrency exchange Upbit—to boost its digital financial competitiveness. This move comes as South Korea’s financial regulators recently hinted at relaxing the "Kimchi Premium" policy (a rule separating the traditional financial industry from virtual asset sectors), signaling an accelerated push toward integration between mainstream financial institutions and cryptocurrency exchanges.
Following a board meeting held on the same day, Samsung Securities confirmed it will purchase 697,487 old shares of Dunamu, equivalent to approximately a 2.00% stake. The total transaction amount is roughly 3.637 trillion South Korean won (about $2.03 billion), accounting for around 3.8% of Samsung Securities’ total equity of 80.68 trillion won. The sellers of the old shares include Kakao Investment, Kakao Ventures, Kakao Young Entrepreneurs Fund, and the KIF-Kakao Woori Bank Tech-Finance Inves
1 minutes ago
Yield Guild Games' Entity Transfers All UNI and COMP to Binance, Risking $40.29 Million Loss in "Rug Pull"
May 28 — According to ChainNews, InBlockchain’s secondary investment arm, Trend Research, transferred an additional 2.705 million UNI (≈$8.71 million) and 114,000 COMP (≈$2.13 million) to Binance an hour ago. The transfer is likely part of preparations to liquidate its entire position; if all these tokens are sold, the total loss would hit $40.29 million.
As previously reported, on May 25, Trend Research had deposited 2.7 million UNI and 114,352 COMP into Binance.
1 minutes ago