OKX Star: X Layer to Soon List xStocks' US Stock Token
On June 5, OKX founder and CEO Star stated, “Tokenized stocks are among the most important real-world asset (RWA) use cases. We anticipate xStocks will launch on X Layer soon, bringing global equities onto the blockchain and expanding access to capital markets.”
According to reports, X Layer has previously formed a strategic partnership with regulated tokenized stock issuance platform xStocks. Assets associated with xStocks will gradually be integrated into the X Layer ecosystem and OKX Wallet. Star believes access to the global market should be as open as access to information.
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Affected by the "New Stock God" Serenity's pump signal, Green Harmony surged 20% to hit the price limit.
June 5: Data from Bitget shows Green Harmony (stock code: 688017) surged 20% to hit its daily trading limit, now trading at 393 yuan. The rally was driven by a "pump signal" from Serenity, a figure widely referred to as the "IPO God" in related circles.
Earlier reports note that Serenity has named Green Harmony as his top Chinese IPO pick for his humanoid robot investment portfolio. The company is currently valued at roughly 57.73 billion yuan. China is clearly leading in scalable mass production, with many Western companies struggling to bring their costs down to Green Harmony’s level. As physical AI moves toward large-scale deployment, he remains very optimistic about its prospects in the robotics sector.
7 minutes ago
ZachXBT Warns of Rain Protocol Risk: Advises Against Interacting with the Platform, RAIN Price May Be Susceptible to On-Chain Manipulation
June 5th – On-chain sleuth ZachXBT has issued a community alert urging crypto users to avoid interacting with Rain Protocol (RAIN) "at all costs." He highlighted that while RAIN currently holds an ~$8.8 billion market cap, placing it in the top 15 crypto assets, its fundamentals as a prediction market are deeply problematic: it has minimal user adoption, limited product traction, no high-profile supporters, and the project’s team credibility within the crypto space is highly suspect.
On-chain traced addresses linked to the RAIN team show ties to the Gems hot wallet and centralized exchange (CEX) deposit addresses—these same addresses previously moved funds for failed projects including Data Ownership Protocol (DOP) and TOMI, signaling a potential overlap in core team members.
ZachXBT also flagged red flags of on-chain price manipulation for RAIN: related addresses connect to Uniswap V3 liquidity providers (LPs) alongside the token’s deployer, and on-chain fund transfers are obfus
7 minutes ago
A whale conducted a 1x leverage long position on 21,000 ZEC, worth approximately $8.44 million.
June 5th: Per Hyperinsight’s monitoring (https://t.me/HyperInsight), ZEC witnessed a sharp decline, prompting a whale’s bottom-fishing on Hyperliquid. Three hours ago, a whale opened a long position of 21,500 ZEC with 1x leverage, valued at ~$8.44 million. Current floating loss stands at $520,000 (-6.1%), with an average entry price of $415.46. Wallet Address: 0x089fe537f4b2af55fa990bc64ff4125800bba4f8.
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Bankless Co-Founder Responds to Rug Pull, Only ZEC in Unrealized Loss
On June 5, Bankless co-founder David Hoffman—who’d previously sold off all his Ethereum (ETH) holdings—snapped up altcoins VVV, NEAR, ZEC, HYPE, and LIT. Today, those altcoin positions took a massive tumble: ZEC crashed more than 32% in the last 24 hours, while NEAR, VVV, and LIT all dropped over 20% during that same window. Hoffman responded to the slump, stating, “The only one actually underwater is ZEC.” Prior reports have already revealed Hoffman’s entry prices for the four altcoins: NEAR at around $1.40, HYPE at roughly $45, ZEC at approximately $560, and LIT at about $1.35.
7 minutes ago
S&P Global Inc.: Mega IPOs Such as SpaceX Won't Be Quickly Added to S&P 500 Index
June 5: Standard & Poor’s Global announced Thursday it will retain eligibility criteria for key benchmarks including the S&P 500 Index, nixing a proposal to fast-track giant firms like SpaceX immediately after their initial public offering (IPO).
In a press release, the S&P Index clarified it will not shorten the current 12-month “seasoning period” for newly listed companies, nor will it waive existing profitability and public float requirements based solely on company size.
This means SpaceX will need to wait at least one full year after its IPO to qualify for inclusion in the S&P 500, and it must meet the index’s standard rules: GAAP profitability in its most recent quarter, cumulative GAAP profits over the past four quarters, and a public float of no less than 50%.
7 minutes ago
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