otc

According to official news, Gate Alpha will officially launch the 42nd Hot Coin Trading Competition on June 7 at 10:00 (UTC+8). Users can click "Participate Now" to complete registration and trade designated hot coins to share a total airdrop reward valued at $60,000.This event features a three-tier reward mechanism: Users who registered without an invitation code will receive 1 chance to participate in a regular blind box lottery for every 200 USDT traded, with a total prize pool of approximately $20,000, a minimum prize of 0.19 GT per draw, and a maximum of 7.81 GT; Users who registered with an invitation code will receive 1 chance to participate in a premium blind box lottery for every 500 USDT traded, with a total prize pool of approximately $30,000, a minimum prize of 0.39 GT per draw, and a maximum of 15.63 GT; Additionally, there is a special prize pool for newcomers of approximately $10,000. New users of Gate Alpha with zero trading can recharge "Binance Life" to their Alpha account and receive an equivalent airdrop of 0.5% of the transferred market value, available on a first-come, first-served basis.Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, and can achieve seamless trading of all-chain tokens through the contract address search function, enabling cross-chain trading and allowing users to access all on-chain tokens with one click.

According to GoPlus security alerts, phishing scams promoting black U and anti-money laundering detection websites have appeared on the X platform. Investigations reveal that the website is a phishing site hosted on the Vercel platform, aimed at tricking users into authorizing their wallets, so please do not interact.GoPlus recommends: try to avoid private transactions and use the OTC features of centralized exchanges; maintain a high level of suspicion towards unfamiliar links, especially those requiring wallet signatures or authorizations; remember the "four no choices" to prevent phishing: do not click on unfamiliar links, do not install software from unknown sources, do not sign transactions with unclear content, and do not transfer funds to unverified addresses.

Galaxy Digital OTC associated addresses have transferred a total of 21,369 ETH to trading platforms in the past 24 hours, with a total value of 49.3 million USD and an average deposit price of 2,307.34 USD.Wallet address: 0x16F6d15381bEE4A25B25F0d1C4161b78f7F21Fde

According to market news, the Galaxy Digital OTC associated address has transferred a total of 21,369 ETH to exchanges in the past 24 hours, with a total value of approximately 49.3 million dollars and an average deposit price of 2,307.34 dollars.

According to on-chain analyst Onchain Lens, Antalpha deposited 1,950 XAUT (worth approximately $9.18 million) into Cobo, and the related funds subsequently flowed to Binance, with a connection to Metalpha, suspected to be sold through over-the-counter (OTC) channels. Currently, Antalpha still holds 46,348 XAUT, worth approximately $218 million.

According to Onchain Lens monitoring, the OTC whale (0xFB7) deposited 1,000 cbBTC (74.02 million USD) into Coinbase, making a profit of 1,970,000 USD.The whale still holds 2,000 cbBTC (149.6 million USD) and 133,200 ETH (31.62 million USD).

According to on-chain analyst Yu Jin's monitoring, a certain whale purchased 4.5 million LDO through OTC, worth 1.86 million dollars, and received the same amount of LDO as well as 10,000 AAVE, worth 1.15 million dollars, from Wintermute and FalconX over the past day.

According to Onchain Lens monitoring, one address purchased 590,900 HYPE from Galaxy Digital's over-the-counter wallet, worth approximately $25.92 million.On-chain data shows that another address set consisting of 6 addresses may belong to the same entity, holding a total of 4,114,234 HYPE, worth approximately $181 million, all sourced from the Galaxy OTC channel.

According to official news, during the 2026 Moscow Blockchain Forum conference, the awards for the Blockchain Forum Awards 2026 were announced. Huobi HTX OTC business won the award for P2P Platform of the Year due to its industry-first C2C selection station model and rapidly expanding global layout.

The first domestic browser "Lobster" QBotClaw is officially launched, not only fully compatible with OpenClaw skills but also supports free configuration of API Keys for major domestic large models. As long as users know how to use a browser, they can have a dedicated "little lobster" ready at any time. It supports functions such as shopping price comparison and helping users post.

The World Foundation stated on platform X that its subsidiary World Assets, Ltd. completed a total of $65 million in OTC sales with four counterparties in the past week. The average price of this sale was approximately $0.2719 per token, with tokens worth $25 million having a 6-month lock-up period.The funds raised from this sale will be used for core project operations, research and development, Orb manufacturing, and ecosystem development. The related settlement transactions will be conducted through the multi-signature address of World Assets starting with the address 0xE797.

Binance CEO Richard Teng tweeted that the OTC trading volume of Binance in the first two months of 2026 has reached 25% of the total volume for the entire year of 2025.

Backpack founder Armani Ferrante posted a response to recent community FUD, addressing topics such as OTC trading, Mad Lads equity, witch hunts, and token prices.Armani stated that the team will not sell their tokens through OTC to cash out, and their previous comments about OTC were only to assist buyers in finding tokens. All users holding Mad Lads tokens before the TGE will retain their Backpack VIP status, while new users will not enjoy this status.Additionally, Armani emphasized that the FDV value 24 hours or a week after the TGE is not practically significant, and short-term FDV is not a core metric. The team's interests are deeply tied to the success of the token; if the token price goes to zero, the team will not be able to earn profits.Regarding witch hunts, he acknowledged that the team's previous handling was too mechanical and did not fully consider the complexity of community dimensions. The team is currently re-evaluating relevant cases. The team is continuing to advance the review of witch hunt cases and return to development work.

Renowned on-chain investigator ZachXBT released a report today stating that a Russian over-the-counter (OTC) broker named Aleksandr (Aleks) Khinkis is suspected of assisting ransomware groups in laundering over $4.7 million since 2025 through a single cryptocurrency trading platform account.The related funds involve three suspicious ransom payments, totaling approximately 796 bitcoins (BTC). The investigation shows that these funds were transferred in batches to his trading platform's deposit address (0xa756) after being bridged between Bitcoin and Avalanche, completing a total of 75 transactions from 2025 to 2026. Additionally, approximately $16.6 million is currently still held in Aave and is being gradually liquidated.ZachXBT pointed out multiple ransom transactions: a ransom payment of about 72 BTC in September 2025 was bridged to the related address; a ransom of about 164 BTC was also discovered in October 2025 and converted to approximately $3.8 million. Some related addresses were blacklisted by Tether in November 2025, and the subsequently frozen USDT was destroyed three weeks ago, indicating that law enforcement and compliance agencies have intervened.Earlier in 2023, this account was also involved in a ransom transaction of about 560 BTC, which was circulated through multiple intermediary addresses and trading platforms before being bridged back to the Avalanche network in 2024. Furthermore, the investigation pointed out that the source addresses of the related bitcoins have a high correlation with multiple ransomware addresses, suspected of serving as payment transit nodes. Although some funds remain dormant, ZachXBT warned that they may still be laundered in the future and urged victims to report related addresses promptly to freeze the funds.

According to OnchainLens monitoring, a giant whale deposited 39,969 ETH into Flowdesk's Binance deposit address, worth approximately 86.2 million dollars.

According to Onchain Lens monitoring, the World Coin team is suspected of conducting OTC transactions. They received 35 million USDC from FalconX and Binance, and then transferred 117 million WLD tokens to the OTC trading address, which may also be used for market makers.

According to Onchain Lens monitoring, a whale or institution purchased 215,056 HYPE through Galaxy Digital's over-the-counter (OTC) trading, worth approximately 6.06 million USD. This address has accumulated a total of 540,337 HYPE over the past 18 days, with the current holdings valued at around 14.86 million USD.

According to Cointelegraph, the American cryptocurrency exchange platform Kraken has announced that its over-the-counter trading desk has officially integrated with the ICE Chat messaging platform under the Intercontinental Exchange. This means that over 120,000 users from banks, brokers, and trading institutions in the global financial market can directly communicate with Kraken's OTC team and access cryptocurrency liquidity within their existing trading workflows.Kraken stated that it is the first cryptocurrency platform authorized to access ICE Chat, marking a further embedding of digital asset trading into the infrastructure of traditional financial markets.ICE owns the New York Stock Exchange and provides data, clearing, and technology services for global financial markets. Over the past year, ICE has continued to invest in the digital asset space, including investments in the prediction market Polymarket and the cryptocurrency payment company MoonPay, as well as collaborating with Chainlink to bring foreign exchange and precious metals data on-chain.With this integration, Kraken's cryptocurrency spot and options block trading will be alongside traditional asset categories such as stocks and derivatives within institutional-grade communication networks.

According to the official announcement, Binance and Franklin Templeton have launched their first collaborative product - the Institutional OTC Collateral Program. This program allows eligible institutional clients to use tokenized money market fund (MMF) shares issued through the Franklin Templeton Benji technology platform as collateral for trading on Binance.This initiative aims to enable institutional traders to participate in the digital market using traditional, regulated, and yield-generating money market fund assets without the need to deposit assets into the exchange, thereby reducing counterparty risk and earning returns.

According to CoinDesk, Hong Kong Legislative Council member Wu Jiezhuang stated in an interview with CoinDesk that Hong Kong is positioning itself as a global hub for the cryptocurrency market.Wu emphasized that Hong Kong should not compete with other jurisdictions but should act as a bridge. He pointed out, "Cryptocurrency and Web3 are highly connected to the traditional financial system." With the Greater Bay Area initiative, Hong Kong can connect the scale of mainland cities, the depth of manufacturing, and technological talent, while providing regulatory clarity and financial credibility. Wu also mentioned that this year Hong Kong will introduce regulations for custody and over-the-counter trading, and may allow professional investors to engage in higher volume trading.Wu also stated that the field of artificial intelligence will also integrate with cryptocurrency, and Hong Kong occupies a unique position in this regard, being able to handle both Western and Chinese datasets, thus becoming a platform for global AI company collaboration. He believes Hong Kong's advantage lies in maintaining openness, being regulated, and interconnected, occupying a central position in this still-developing system.