News linked to both this project and an event.
Odaily reports: According to on-chain analyst Ai Yi, a LAPTOP multisig address transferred $3.33 million worth of LAPTOP tokens to an address 2 hours ago. Subsequently, 3.72 million LAPTOP tokens, approximately $500,000, flowed to Gate, KuCoin, and Kraken. The related deposit addresses show fund connections to market maker GSR Markets, though the specific purpose remains unclear. LAPTOP's market cap has shrunk 99.5% from its peak and currently stands at only $129 million.
According to on-chain analyst Ai Yi, 6 hours ago, a multisig address transferred 9.2 million LSK, worth $6.52 million, to another address; subsequently, 2 million LSK was deposited to GSR's Binance deposit address. A similar operation occurred 9 months ago. LSK briefly rose to $2.37 last weekend, a gain of nearly 10x, and is now trading at $0.5084, with its market cap down 78.5% from its peak.
据链上分析师 Ai 姨（@ai_9684xtpa）监测，Wintermute 于 21 小时前从 $LAPTOP 多签地址处收到 250 万枚做市代币，现已分发至多个交易所充值地址，或为新谈妥的做市合作。至此，$LAPTOP 真实做市代币总量确认为 2300 万枚，占总供应量的 2.3%，具体分配如下： • GSR Markets：1550 万枚 • G20：500 万枚 • Wintermute：250 万枚
Odaily News: According to Onchain Lens monitoring, a whale transferred 42,500 HYPE accumulated 10 months ago to GSR Markets, and sent another 42,500 HYPE to Cumberland and OKX for sale.
Odaily News Analysts believe that SpaceX's upcoming IPO could become a new source of short-term pressure for Bitcoin and the crypto market. As the company is reportedly set to open up to 30% of its IPO shares to retail investors, some investors may sell high-risk assets like Bitcoin and Ethereum to free up capital to participate in this high-profile offering.SpaceX plans to issue shares at $135 each, aiming to raise $75 billion, with a valuation of approximately $1.77 trillion. A GSR trading executive noted that crypto assets could become one of the funding sources for some investors looking to raise capital for the IPO.Recently, there have been views suggesting that hot IPOs like SpaceX, and potentially future ones such as OpenAI and Anthropic, could drive capital outflows from the crypto market, putting pressure on Bitcoin and Ethereum prices.However, SpaceX's listing could also conversely boost on-chain trading activity. Currently, platforms like Hyperliquid and Binance already offer SpaceX-related perpetual contracts and tokenized stock products, and trading activity for these assets may increase further with the IPO.
SC Ventures, the venture capital arm of Standard Chartered, has invested in GSR, a crypto trading and market-making firm, valuing it at over $1 billion in this round. Founded in 2013 by former Goldman Sachs traders, GSR is currently in talks with strategic investors for further financing, potentially raising up to $150 million to expand its business operations.This investment marks SC Ventures' first time becoming an external shareholder of GSR. The two parties plan to collaborate on integrating traditional finance with the crypto market and enhancing the accessibility of tokenized products. GSR's business encompasses crypto trading, market making, advisory services, asset management, and venture capital. (Bloomberg)
Odaily reports: 3F, a vault protocol built on the decentralized lending protocol Morpho, has completed a total of $4 million in funding. The round was led by Maven 11, with participation from F-Prime, GSR, Gate Ventures, and other institutions. The company did not disclose its specific valuation.Built on top of Morpho, 3F aims to provide users with leveraged exposure to RWAs through a "one-click" operation. Users simply select their target asset and desired leverage multiple, and the protocol automatically executes the entire position-building process: purchasing the underlying asset via short-term bridge financing, depositing it as collateral on Morpho, and borrowing stablecoins to repay the financing.Essentially, this mechanism simplifies the traditional "looping" process in DeFi, which involves repeatedly buying assets, depositing them as collateral, borrowing, and reinvesting. While this process can be executed efficiently via flash loans in purely crypto-native assets, it is typically more complex and less efficient in the RWA context due to issues like settlement delays.3F is expected to officially launch in the second quarter of this year.