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SpaceX pre-IPO contract crashes 45% due to faulty oracle data, triggering mass liquidations.

Market News
29 May 2026
Unchained
View Source
Bearish
pluang ai news

The SpaceX pre-IPO perpetual contract on Hyperliquid's Ventuals market plunged 45% after an oracle mishandled SpaceX's 5-for-1 stock split, causing liquidations across 405 users and 1,393 trades. The synthetic contract, which allows trading based on SpaceX's implied share price without owning actual shares, relies on offchain data from Notice.co. The error exposed risks in pre-IPO onchain markets that depend heavily on single data sources. Ventuals has pledged compensation to affected users and taken steps to prevent future issues as SpaceX's public listing approaches in June.

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$HODL coin launches 1:1 cross-chain bridge between Solana and Ethereum via LayerZero.

$HODL coin launches 1:1 cross-chain bridge between Solana and Ethereum via LayerZero.

The official $HODL coin, created by GameKyuubi—the original author of the famous 2013 "HODL" post—has expanded to Ethereum with a new 1:1 cross-chain bridge powered by LayerZero. This bridge allows holders to transfer $HODL tokens instantly between S...

Others
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33 minutes ago
Boulder County Business Hall of Fame announces 2026 inductees celebrating local business leaders.

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The Boulder County Business Hall of Fame revealed its 2026 inductees, honoring seven influential figures from sectors like education, finance, law, immigrant entrepreneurship, and real estate. The inductees include Sandy and Sally Bracken, Gerry Agne...

Others
Neutral
36 minutes ago
Breckenridge Distillery wins top honors at San Francisco World Spirits Competition with Rum Cask Finish and Honey Whiskey.

Breckenridge Distillery wins top honors at San Francisco World Spirits Competition with Rum Cask Finish and Honey Whiskey.

Breckenridge Distillery, a subsidiary of Tilray Brands, won top awards at the San Francisco World Spirits Competition. Their Rum Cask Finish received the highest honor, Double Gold with 97 points, while their Honey Whiskey earned a Gold medal. These ...

Market News
Bullish
1 hour ago
Global laboratory equipment services market to reach $62.83B by 2035 with 8% CAGR, driven by R&D and regulatory demands

Global laboratory equipment services market to reach $62.83B by 2035 with 8% CAGR, driven by R&D and regulatory demands

The global laboratory equipment services market, valued at $28.94 billion in 2025, is projected to grow to $62.83 billion by 2035 at an 8% CAGR. Growth is fueled by increased R&D investments, stricter regulatory compliance, and expanding biopharma an...

Market News
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1 hour ago
Reklaim Credit Solutions appoints new CRO and CTO ahead of Q3 2026 launch for cannabis credit ratings.

Reklaim Credit Solutions appoints new CRO and CTO ahead of Q3 2026 launch for cannabis credit ratings.

Reklaim Credit Solutions, a credit rating agency for the state-regulated cannabis industry, announced that co-founders Sam Fensterstock and Bob McCarthy have taken on executive roles as Chief Revenue Officer and Chief Technology Officer, respectively...

Company Fundamentals
Bullish
2 hours ago
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