Gate Launches Direct IPO Access, Creating a One-Stop Investment Ecosystem Covering Pre-IPO to Stock Trading
On June 9, crypto exchange platform Gate officially launched its "IPO Access" program, creating a new channel for users to invest in high-profile global initial public offerings (IPOs).
Users can submit intent-to-purchase applications ahead of a company’s official listing. Once listed, they receive common stock quickly, enabling a one-stop experience from IPO subscription to secondary market trading. The first project under IPO Access is SpaceX, the much-anticipated commercial space company, giving users a new chance to invest in top-tier firms before they go public. Participants can join the offering through Gate’s "IPO" section using USDT. The platform uses a weighted allocation system: users who submit subscriptions earlier get higher allocation priority. After allocations are confirmed, shares will be deposited directly to users’ Gate stock accounts by June 12, letting users hold and trade real U.S. stocks without needing additional account setup.
With the launch of IPO Acces
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The CPX IEO on CoinUp has concluded, with the total subscription amount across all participants exceeding $90.76 million USDT, oversubscribed by approximately 252 times.
Flash News: June 9 – Data from CoinUp Launchpad’s official page shows that CPX’s Initial Exchange Offering (IEO) closed at 14:00 Beijing Time today. The offering price for CPX was set at 0.12 USDT per token, with a total allocation pool of 3 million CPX.
According to the collected data, total network contributions for the IEO reached 90,764,572.83 USDT, coming from 3,656 unique participants. Calculated at the fixed issuance price, the actual funds raised for this IEO are approximately 360,000 USDT, marking an oversubscription of around 252 times.
Per the page’s information, the project’s final token allocation results are scheduled to be announced by 16:00 Beijing Time on June 9. Additionally, official sources have confirmed that CPX will officially start trading at 20:00 Beijing Time tonight.
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「White-Haired Stock God」 Calls Out SIVE Again: Satellite Communication Sector's Positioning Ability Validated, Valuation Logic Expected to Be Restructured
June 9 — Renowned investor Serenity, nicknamed the "White-Haired Stock God," is once again advocating for Sivers Semiconductors (SIVE), pushing for a rally in its stock.
Sivers Semiconductors announced today it has received an $8.2 million bulk production order from satellite terminal provider all.space. The product in question is a Ka-Band beamforming chip, designed for use in next-generation military and commercial low Earth orbit (LEO) and multi-orbit satellite communication terminals. This deal marks SIVE’s official entry into a broader defense supply chain.
Serenity emphasized that while the order’s dollar value is modest, its strategic importance is substantial. The contract validates SIVE’s strong positioning in satellite communications and expands the company’s growth narrative beyond its earlier focus on AI photonics lasers to now address structural gaps in the space and defense sectors. Looking forward, Serenity expects SIVE to secure more large-volume orders and long-t
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Zcash Completes Ironwood Upgrade with Consensus Rule Changes, Expected to Activate in July
Zcash Developers Finalize Ironwood Upgrade, Plan July Activation
On June 9th, Zcash’s development team wrapped up the consensus rule changes for its Ironwood network upgrade and targets a July launch. The update brings a new privacy transaction pool built on the Orchard protocol—set to replace the old Orchard pool—plus adjustments to keep ZEC’s circulating supply capped and prevent infinite minting.
A core feature is a “flagging” mechanism linking the old and new Orchard pools: initially, the old pool will only accept change outputs (blocking new transaction inputs temporarily), letting users move funds without friction. After Ironwood goes live, the old Orchard pool will fully bar new transaction inputs, and wallets will automatically direct all new privacy transactions to the new pool.
Developors added this setup, paired with Zcash’s existing turnstile system, ensures ZEC’s supply stays constrained while giving users a clear path to migrate funds to the new pool to minimize r
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Funds Reallocation in Meme Coin "Customer Service Xiaohe" Surges 550% in Two Days, Short-term Market Cap Nears $10 Million
June 9 — Per GMGN monitoring, the Chinese Meme coin “Customer Service Xiaohe” on the BSC blockchain began surging as early as June 7. Back then, its market cap stood at roughly $1.5 million. This morning, it skyrocketed, briefly hitting nearly $10 million — marking a cumulative jump of more than 550% in just two days. Currently, it’s changing hands at $7.5 million, with a 24-hour trading volume of $8.1 million.
This upswing sparked a broad rally in low-market-cap Chinese Meme coins within the BSC ecosystem, with several tokens notching intraday gains of over 50%.
Notably, this rally wasn’t driven by any widely circulated major positive news. Given that leading token “Binance Life” reached a fresh market cap high of $900 million on June 7 before plummeting sharply by 25%, this price jump appears to be a fund rotation within the BSC ecosystem: after the leading token pulled back, excess capital flowed into low-market-cap assets, driving their gains.
BlockBeats warns users that Meme co
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FDIC Proposes to Clarify That Stablecoin Holders Are Not Entitled to Deposit Insurance
On June 9, PYMNTS reports that the Federal Deposit Insurance Corporation (FDIC) has issued a notice of proposed rulemaking to implement the GENIUS Act. The proposal clarifies that payment stablecoins themselves do not qualify as deposits for FDIC insurance purposes, meaning stablecoin holders are not entitled to FDIC deposit insurance coverage.
Under the framework, if a stablecoin’s reserve assets are held at a bank, those reserves will be treated as corporate deposits belonging to the stablecoin issuer—and thus insured as such—rather than extending pass-through insurance directly to stablecoin holders. The FDIC states this structure aligns with the GENIUS Act’s explicit provision that payment stablecoins are not covered by FDIC deposit insurance.
The proposal also addresses additional key areas for stablecoins, including interoperability, reporting standards, user incentive mechanisms, and reserve custody and redemption rules. Some banking institutions have called for banning stable
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