According to Bitget market data, both pre-IPO tokens listed on the Odaily Planet Daily platform are currently trending upwards. SpaceX pre-IPO token preSPAX is currently trading at 920 USDT, a 41% increase from its subscription price of 650 USDT; OpenAI pre-IPO token preOPAI is currently trading at 959 USDT, a 32% increase from its subscription price of 725 USDT.

According to CryptoQuant analyst Darkfost, the Coinbase premium has fallen into negative territory due to increased institutional selling pressure, reaching its lowest level this month at -0.0983% on May 21st. This indicates that institutional and professional investors trading on Coinbase Advanced are selling more aggressively than retail investors on Binance. Analyst Axel Adler points out that this suggests zero confirmation of US spot demand. Nick Ruck, Research Director at LVRG, stated that the decline in the premium reflects net selling pressure from large holders, with institutions taking profits or reallocating positions. Furthermore, CoinGlass data shows that US spot Bitcoin exchange-traded funds have experienced net outflows for four trading days since May 14th, totaling $1.3 billion. Bitfinex stated that Bitcoin futures or perpetual contract open interest decreased by approximately $1.5 billion this week, clearing out most of the leverage. (cointelegraph)

According to Odaily Planet Daily, Bitcoin mining company MARA Holdings' latest DEF14A compensation statement shows that the company paid $4.3 million in personal security-related expenses for CEO Fred Thiel under its security program, including $430,000 for a one-time vehicle armor plate and $58,000 for home security installation; and $3.946 million in personal security expenses for CFO Salman Khan, including $438,000 for a one-time vehicle armor plate. The MARA Holdings board stated that due to the company's public disclosure of its large Bitcoin holdings, executives face significantly higher risks compared to other publicly traded companies, making these security measures commercially relevant and necessary. (FT)

Huoxun Finance reports that Binance CEO Richard Teng responded to a Wall Street Journal report on the X platform, pointing out "fundamental errors" in the report regarding facts and Binance's compliance framework commitments. He stated that the transactions in question occurred before the individuals involved were sanctioned, and Binance has never allowed sanctioned individuals to trade on its platform. He added that Binance proactively conducted an investigation and provided facts before being contacted by the WSJ, but this information was not published. He emphasized that Binance has "zero tolerance" for illegal activities, has established an industry-leading compliance system, and will continue to work with US and global law enforcement agencies to combat financial crime. Previously, the WSJ reported that over $850 million in funds linked to the Iranian regime were transferred through Binance over the past two years.

Odaily Planet Daily reports that Binance CEO Richard Teng responded to a Wall Street Journal report in a statement posted on the X platform, stating that the report contained "fundamental errors" regarding facts and Binance's compliance framework commitments. Richard Teng stated that the transactions mentioned in the Wall Street Journal occurred before the individuals in question were sanctioned, and Binance has not allowed any sanctioned individuals to trade on its platform. He also stated that Binance proactively investigated the issues before being contacted by the Wall Street Journal and provided them with relevant facts, but this information was not published. Furthermore, Richard Teng emphasized that Binance has "zero tolerance" for illegal activities and has established an industry-leading compliance system, and will continue to cooperate with US and global law enforcement agencies to combat financial crime. Previous news: WSJ: Over $850 million in funds linked to the Iranian regime were transferred through Binance over the past two years.