Moomoo partners with Kalshi to launch regulated prediction market contracts on its platform.
Digital trading platform Moomoo announced a partnership with prediction market operator Kalshi to offer trading services for Event Contracts regulated by the U.S. Commodity Futures Trading Commission (CFTC) to eligible users. Users can trade contracts related to major events such as Federal Reserve interest rate decisions, inflation data, elections, and the 2026 FIFA World Cup directly through the Moomoo platform.
Event Contracts are exchange-listed derivatives that allow investors to bet on the outcome of specific events. Contract prices range from $0.01 to $1.00, reflecting market expectations of the probability of an event occurring. The related products will be integrated into the platform alongside Moomoo’s existing stock, options, and ETF offerings.
In addition, Moomoo recently launched direct crypto deposit and withdrawal functionality and the moomoo API Skills service for AI investment tools, continuously expanding its product ecosystem.
[CoinDesk]
Arthur Hayes transferred over 85,000 HYPE tokens to Bybit again.
According to Onchain Lens monitoring, BitMEX co-founder Arthur Hayes has once again transferred 85,714 HYPE to Bybit, valued at approximately 5.73 million USD.
[Foresight News]
Echo Protocol has fully restored its services on Aptos.
The Bitcoin infrastructure protocol Echo Protocol has fully restored its services on Aptos, including lending, strategies, liquid staking, Vaults, and other related protocols.
Additionally, Echo stated that it has completed a security audit of all contracts deployed on Aptos—including administrative privileges—with no potential contract-related risks identified.
[Foresight News]
FG Nexus sells 10,000 ETH again, with total losses exceeding $100 million
The wallet (0x4a2…b82) of FG Nexus, a Nasdaq-listed company flagged by Arkham, transferred 10,000 ETH on Wednesday, worth approximately $17.8 million. Between August and September 2025, FG Nexus accumulated 50,770 ETH at an average price of $3,860, bringing its position value at the time to roughly $196 million.
With ETH’s price dropping to approximately $1,765, its original investment has incurred over $100 million in realized and unrealized losses. As of Thursday’s pre-market, FG Nexus’s stock price fell 13.40% to $7.11.
[Odaily]
Bybit Savings “Crazy Thursday” Launches HYPE 555% APR Savings Campaign This Week
Bybit Wealth Management’s “Crazy Thursday” launches the HYPE limited-time wealth management event this week. Users can participate to unlock up to 555% HYPE APR.
Eligible new users can save USDT and earn HYPE returns with an APR of 555%.
[Foresight News]
Trump: The U.S. is conducting final negotiations to end the Iran war.
US President Trump stated that the US is in final negotiations to end the Iran war.
[Odaily]
Nasdaq 100 futures extended their decline to 1.3%, hitting an intraday low.
According to MSX.COM data, Nasdaq 100 index futures extended losses to 1.3%, hitting an intraday low.
S&P 500 index futures fell by 0.4%, while Dow Jones futures rose by 0.4%.
[Odaily]
OKX’s “Flash Earn” product will list the Pharos token PROS, offering a share of 1.8 million PROS in rewards.
OKX’s “Flash Earn” product will launch the Pharos token PROS from June 5, 2026, 15:00 to June 11, 2026, 15:00 Beijing time. During the event, users can participate in the subscription by staking OKB, BTC, OKSOL, ETH, or PROS to share 1.80 million PROS airdrop rewards.
This event supports multi-currency participation. Users can enter the event page by navigating to Earn & Rewards—Flash Earn in the upper left corner of the OKX App.
In addition, starting from July 2026, OKX will upgrade the Flash Earn user tier system. Tiers will be determined by the 30-day average daily net assets or 30-day trading volume, to provide subscription quotas that better align with user platform activity.
[Foresight News]
Coinbase officially launches SpaceX Pre-IPO perpetual contracts, available to non-U.S. users.
Coinbase posted on X stating that Pre-IPO perpetual futures have been launched on Coinbase, with the first underlying asset being SpaceX, and trading is now open to eligible non-US users.
The contract supports 7*24 hour trading, settles in USDC, and has no expiration date. After the IPO, related positions will automatically convert to regular perpetual futures without any action required.
[ChainCatcher]
BlackRock deposited 5,212 BTC and 20,000 ETH to Coinbase, with a total value of approximately $360 million.
According to OnchainLens monitoring, BlackRock deposited 5,212 BTC (approximately $325 million) and 20,000 ETH (approximately $35.13 million) into Coinbase.
[Odaily]
Arthur Hayes-associated wallet deposited 85,714 HYPE tokens to a CEX, valued at $5.73 million
According to Onchain Lens monitoring, an Arthur Hayes-linked wallet deposited 85,714 HYPE into the cryptocurrency exchange Bybit, valued at 5.73 million USD.
[Odaily Planet Daily News]
Japan’s regulatory authorities plan to impose administrative penalties on Moomoo Securities, Futu’s Japanese subsidiary.
June 4th news, according to the Nikkei, the Securities and Exchange Surveillance Commission (SESC) of Japan is considering recommending to the Financial Services Agency (FSA) that administrative action be taken against moomoo Securities, the Japanese subsidiary of Hong Kong-based Futu Holdings.
The regulator believes that during the process of selling products to customers, the company misrepresented or falsely advertised financial products that did not meet the qualifications of Japan’s NISA (Nippon Individual Savings Account) as NISA-applicable products, revealing deficiencies in its internal compliance and management systems.
moomoo Securities is the Japanese subsidiary of Hong Kong-listed internet brokerage Futu Holdings. If the SESC formally proposes disciplinary action, the FSA may subsequently issue business improvement orders or other regulatory measures.
[PANews]
Today’s Market Pulse
The crypto market shows a clear divide between institutional adoption accelerating with regulatory clarity and continued retail-driven speculative activity. BlackRock’s substantial deposits and Coinbase’s pre-IPO derivatives signal maturation, while high-yield products and whale movements highlight persistent volatility.
Key Themes
Institutional & Mainstream Integration
BlackRock deposited $360M in BTC and ETH to Coinbase, while Coinbase launched SpaceX pre-IPO perpetual contracts for non-U.S. users. Moomoo partnered with Kalshi to offer CFTC-regulated prediction markets on its platform. These developments reflect traditional finance’s deepening integration with crypto infrastructure, particularly for institutional-grade products.
High-Yield Products & Speculative Activity
Bybit launched a HYPE savings product with 555% APR, while Arthur Hayes moved 85,714 HYPE tokens worth $5.73M. Meanwhile, FG Nexus realized over $100M in losses from its ETH position, highlighting the risks of concentrated bets. These products attract yield-seeking investors despite market uncertainty.
Regulatory Environment & Compliance Challenges
Japanese regulators plan administrative penalties against Moomoo Securities for misrepresenting financial products. This contrasts with the CFTC-regulated prediction markets now available through Moomoo’s partnership with Kalshi, indicating divergent global regulatory approaches toward crypto products.
RichSilo Verdict
Sophisticated investors should monitor how institutional flows from tradFi giants like BlackRock impact market structure and liquidity. The sustainability of high-yield products like Bybit’s 555% APR offerings amid potential regulatory scrutiny remains questionable. Additionally, watch how regulatory decisions in Japan affect cross-border crypto platforms and whether they signal broader compliance shifts.
