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A Trader Goes Short Over $7.5 Million on SpaceX and Cerebras

42 minutes ago

On May 20th, monitoring from HyperInsight (https://t.me/HyperInsight) reveals a trader opened leveraged short positions on the Hyperliquid platform. The trader shorted 9,220 shares of SpaceX’s SPCX ticker with 3x leverage, totaling a $1.88 million position. Concurrently, the same trader shorted 18,130 shares of Cerebras’ CBRS ticker—also with 3x leverage—for a $5.63 million position. Combined, these two shorts currently carry over $50,000 in unrealized losses.
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GitHub: Employee Faces Malicious VS Code Extension Attack, Around 3,800 Internal Repositories Stolen

On May 20, GitHub shared details from its investigation into an unauthorized access breach targeting its internal repositories. The company’s announcement noted that it detected and contained an attack on an employee’s device the prior day, which exploited a malicious Visual Studio Code (VS Code) plugin. Since then, GitHub has removed the malicious plugin version, isolated the affected endpoints, and launched a timely incident response. Current assessments confirm this incident only involved the theft of GitHub’s internal repositories. The attacker’s claim of approximately 3,800 repositories aligns with GitHub’s investigation findings to date. To mitigate risks swiftly, GitHub rotated critical security keys starting yesterday and through the night, prioritizing the most impacted credentials. Moving forward, GitHub will continue analyzing system logs, validating completed key rotations, and monitoring for any additional suspicious activity. A full, comprehensive investigation report w

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In the next 24 hours on Hyperliquid, the HYPE spot net buying pressure is $2.1 million.

On May 20th, Hyperinsight’s monitoring (via its Telegram channel: https://t.me/HyperInsight) indicates that fueled by the recent sharp surge in HYPE’s price, four whales operating on the Hyperliquid exchange are set to purchase over 10,000 HYPE in spot trades using Time-Weighted Average Price (TWAP) execution. Based on existing order placements, their total net buying power for HYPE over the next 24 hours is projected to hit $2.1 million.

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The Blue House Urges Samsung Electronics Labor and Management to Make Every Effort to Reach an Agreement

SEOUL, May 20 (Yonhap) — South Korea’s presidential office is urging Samsung Electronics’ management and labor to make every effort to reach an agreement.

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Bitcoin ETF saw a net outflow of $330 million yesterday, while Ethereum ETF experienced a net outflow of $62.3 million

May 20th — Farside Investors reports the Bitcoin ETF saw $330 million in net outflows yesterday, with IBIT logging $325.6 million of that total. The Ethereum ETF posted net outflows of $62.3 million overall, and ETHA recorded $59.4 million in net outflows.

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SpaceX's Sky-High IPO, Google Could See 100x Return and $100 Billion Profit as Top Winner, Binance Could Earn $990 Million

May 20 – SpaceX’s highly anticipated initial public offering (IPO), the largest in history, is on the horizon. According to the latest data from trade.xyz, the company’s estimated market valuation is no less than $20 trillion. BlockBeats has compiled profit and loss details for major institutional investors, based on SpaceX’s merger with xAI and X, and post-combination equity distribution, as follows: Alphabet, Google’s parent company, holds a 5% stake. This position is valued at hundreds of billions of dollars, delivering a net profit of $99.1 billion for a return multiple of 110 times. Next up is Baron Capital, one of SpaceX’s long-term key investors. The firm’s holding is valued at around $23.9 billion, with profit appreciation of roughly $21.8 billion, translating to a return multiple of 10.4 times. Ranking third on the return leaderboard is D1 Capital Partners. As an early and consistent investor, SpaceX is a core part of its private equity portfolio. The institution’s stake is

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trade.xyz has seen $6.77 million in trading volume over the past 24 hours, with the current price translating to a valuation of $2.434 trillion.

On May 20, data from the trade.xyz Pre-IPO sector shows that SpaceX (ticker: SPCX) has posted $6.77 million in 24-hour trading volume, with an open position size of $32.78 million, and is priced at $205.19, corresponding to an implied valuation of $2.434 trillion. Initial trading details indicate SPCX launched at an initial price of $150, calculated based on a fully diluted reference share count of 11.87 billion shares, resulting in an initial reference market capitalization of $1.78 trillion. Earlier reports noted that trade.xyz Pre-IPO officially kicked off SpaceX trading at 7:00 AM Beijing time on May 18, with the ticker symbol SPCX.

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