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WLFI token sales reveal 5.9B private allocations amid 80% investor lockups and 90% price drop

Market News
02 May 2026
Blockonomi
View Source
Bearish
pluang ai news

WLFI token sales have drawn scrutiny after 5.9 billion tokens were privately allocated post-fundraising, raising transparency concerns. About 80% of early investor holdings remain locked, restricting liquidity, while tokens are also used as collateral in borrowing to access liquidity without market selling. The token's value has dropped over 90%, with continued downside pressure on related assets. Governance proposals may extend vesting timelines, impacting future liquidity and investor participation.

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BlackRock's stake in Orion falls below 5%, triggering regulatory disclosure.

BlackRock's stake in Orion falls below 5%, triggering regulatory disclosure.

BlackRock, Inc. has reported that its direct and indirect ownership in Orion Oyj has dropped below the 5% threshold as of June 15, 2026. This change requires a formal disclosure under Finnish securities law. The reduction in BlackRock's stake may aff...

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BlackRock's stake in Orion Corporation falls below 5%, signaling reduced influence.

BlackRock's stake in Orion Corporation falls below 5%, signaling reduced influence.

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US stock futures mixed as S&P 500 dips amid US-Iran deal talks and key earnings reports.

US stock futures mixed as S&P 500 dips amid US-Iran deal talks and key earnings reports.

US stock futures showed mixed results with the S&P 500 slightly down while the Dow Jones and Nasdaq 100 edged higher following a recent rally. The market reacted to a preliminary US-Iran agreement aimed at extending a ceasefire and reopening the Stra...

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Neutral
1 hour ago
MindWalk bets on biological data integrity, not AI models, to advance drug discovery amid industry challenges.

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MindWalk Holdings Corp. emphasizes the importance of a connected, trustworthy biological data layer over AI model size in drug discovery. The company launched ReefIQ™, a biological context layer, and LensAI™, a reasoning platform, aiming to reduce co...

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Bullish
1 hour ago
SpaceX's market cap nears $3 trillion after shares surge, sparking debate on valuation realism.

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Space Exploration Technologies Corp. (SpaceX) saw its shares surge over 11% in premarket trading, pushing its market capitalization close to $3 trillion, surpassing Amazon to become the fifth-largest company globally. This rapid valuation increase ha...

Market News
Neutral
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