「Son of Wall Street Bets」 Leopold's newly added position continues to surge, with TE skyrocketing by 27.8%
May 21, per Bitget market data: Situational Awareness LP, the portfolio managed by 25-year-old Wall Street AI investing sensation Leopold Aschenbrenner, locked in its first net position purchase in Q1 2026 and delivered robust performance during today’s U.S. stock trading session. Key moves include:
- T1 Energy (TE) surged 27.8% to hit a current price of $8.8.
- HIVE Digital (HIVE) climbed 10.9%, now trading at $3.715.
For context, both companies are reporting negative earnings per share (EPS), a metric calculated as total market capitalization divided by the sum of their net profits over the most recent four quarters.
For full analysis, check out: https://www.theblockbeats.info/news/62449: Leopold’s Latest Position Breakdown: Why Is the AI Bull King Shorting NVIDIA?
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Solana blockchain's custom stablecoin USDF is now live
Solana-based custom stablecoin USDF went live on May 20 as a collaboration between Coinbase and Flipcash. Leveraging Coinbase’s infrastructure for issuance, regulatory compliance, and settlement, USDF operates under Coinbase’s “Custom Stablecoins” program. This program allows enterprises and protocols to easily issue their own branded U.S. dollar-pegged stablecoins for use cases including payments, payroll, and cross-border settlements, while ensuring full adherence to regulatory standards.
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The Trump Gold T1 Phone Exposes User Data
On May 20th, Trump Mobile was hit by a major user data breach that exposed customers’ email addresses, mailing addresses, and other personal data. The compromised information remains accessible online as of now.
Per community feedback, buyers of the Trump Gold T1 phone received alerts from security researchers notifying them that their personal details are part of the leaked dataset. The leaked content covers nearly all basic identity information, with the only exception being credit card numbers.
Trump Mobile officials have so far stayed silent to both the media and affected customers. This lack of response further amplifies external doubts about the company’s product delivery capabilities and fundamental security standards.
The Trump Gold T1 project has been controversial since its launch last year. It originally promised to be “Made in America”, but later rebranded as “American Values Designed”. There have also been widespread suspicions that the phone is a rebranded older
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Trump States US-Iran Negotiations in ‘Final Stage’, US Stocks and Gold Rise, Crude Oil Plunges
May 20, per Bitget market data: Following former President Trump’s announcement that U.S.-Iran negotiations have entered the "final stage," spot gold rallied short-term to top $4,550 per ounce, while WTI and Brent crude oil both posted sharp $3 declines, trading at $101.08 and $100.31 per barrel respectively. The three major U.S. stock indexes continued their upward momentum, each gaining more than 1%.
Earlier, sources noted that final refinements to the U.S.-Iran agreement text are underway. Pakistan’s Army Chief of Staff may visit Iran tomorrow to formally announce the finalized deal text. If the top military official does not make the trip to Iran, the final version could be released within a few hours. The next round of U.S.-Iran talks will take place in Islamabad after the Hajj season, scheduled for early June or later.
Per PolyBeats monitoring, on prediction market platform Polymarket, the probability of the U.S. and Iran reaching a permanent peace agreement has risen. The chan
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Financial technology company Mercury has completed a $200 million new funding round, led by TCV
May 20 – Fintech firm Mercury has closed a $200 million fresh funding round led by TCV, with participation from top-tier investors including Sequoia Capital, Andreessen Horowitz (a16z), and Coatue Management.
Mercury now serves over 300,000 startups and generates roughly $650 million in annual revenue. The company credits the recent AI startup boom as a core engine of its rapid growth, noting it’s supercharged demand for new business registrations and account openings. Meanwhile, Mercury has secured conditional approval from the Office of the Comptroller of the Currency (OCC) and plans to apply for a federal banking charter. Going forward, it will expand into lending services, integrate with payment networks like Zelle, and cut its dependence on partner banks.
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