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Trade XYZ bid 500 HYPE to acquire the MINIMAX code through auction, or to list the MINIMAX perpetual contract in the future

1 hours ago

On May 25, social media user September Jiang.hl (handle @0xMaxs) shared that Trade XYZ auctioned the HIP3 target project MINIMAX for 500 HYPE, with the transaction priced in USDC. MINIMAX may also be traded on perpetual futures contracts at a later stage. MiniMax (operated by Rarity Technology) is a leading global Artificial General Intelligence (AGI) company specializing in independently developed multimodal large models, widely recognized as "China’s First Large Model." It holds the record for the fastest publicly listed AI company worldwide: it went public on the main board of the Hong Kong Stock Exchange on January 9, 2026, just around four years after its founding.
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Hormuz 'Death Route' Turns Into Lucrative Business: Swiss Trader Takes Risk to Ship Oil, One Vessel Nets $60 Million Gross Profit

May 25: Amid near-blockade conditions in the Strait of Hormuz, a supertanker carrying roughly 2 million barrels of Iraqi crude oil successfully navigated the restricted waterway, drawing global attention to the oil market. Swiss trading firm Lytton SA is also in the spotlight, reportedly pocketing about $60 million in gross profit from the single transaction. The vessel, named the Agios Fanourios II, was originally bound for Vietnam. It was intercepted multiple times by Iranian and U.S. forces along its route, requiring several rounds of diplomatic coordination. Ultimately, Vietnam’s state-owned oil company, PetroVietnam Oil Corp, stepped in to secure the safe delivery of the cargo. Heightened tensions in the Strait of Hormuz have driven Iraqi crude oil to steep discounts within the Gulf region. Sources indicate Lytton SA purchased the oil at a price roughly $18 per barrel below the international benchmark, then sold it at a significant premium outside the Gulf—creating an enormous a

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US-Iran Peace Agreement to be Finalized in a Few Days: Oil Price Plunges, Global Stock Markets Rally, Bitcoin Poised for Bullish Rebound

**May 25th** Per *The New York Times*, the U.S. and Iran are pushing forward with negotiations for a ceasefire and peace deal, though finalizing a full agreement is still expected to take several more days—sign-off is needed from both nations’ top leadership. U.S. President Donald Trump said the deal would either be “great and meaningful” or “no deal at all.” Iranian officials, for their part, noted that while most issues are agreed upon, “a signing is not imminent.” Under the terms being discussed, core elements include reopening the Strait of Hormuz to navigation, de-escalating tensions in the Middle East, and creating space for future nuclear talks with Iran. U.S. officials say Iran has agreed in principle to address its stockpile of highly enriched uranium. But Iran’s Foreign Ministry stressed negotiations right now remain focused on “ending the war” and have not yet delved into nuclear specifics. Fueled by optimism around the potential peace breakthrough, international

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WUSD/GLOVE has been attacked, resulting in a loss of approximately $207,000. The hacker has transferred the funds to Railgun.

May 25 update: According to monitoring from blockchain security firm PeckShield, the WUSD/GLOVE deployment on the Ethereum network was exploited in an attack, resulting in approximately $207,000 in losses. The attacker converted the stolen assets into roughly 98 ETH, then transferred these funds to Railgun—a privacy protocol—apparently aiming to obfuscate the flow of money through coin mixing and privacy-enhancing tools.

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Bitcoin Poised for ‘$80k Short Squeeze,’ Analysts Warn of Imminent Liquidity Crisis

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Today's Largest Liquidation on the Entire Network: A certain BTC short position was liquidated for $13.1 million, and the remaining funds were used to chase the price higher.

On May 25th, per Hyperinsight Monitoring (@HyperInsight on Telegram), a Bitcoin (BTC) whale’s short position on Hyperliquid was liquidated twice consecutively within the past hour, totaling 169.5 BTC worth roughly $13.15 million—this marks the largest liquidation on the network today. Following the liquidations, the whale used the remaining $220,000 in their account to go long with 40x leverage, holding 130.6 BTC. The position is valued at approximately $10.1 million, with an average entry price of $77,561 and a liquidation price of $76,681. Wallet Address: 0x2fc3195efbf91ad90854bc3c02fe739895c23460 The HyperInsight Bot is now live. To automatically sync on-chain information, add @HyperInsightBot to your Telegram group, set it as an admin, and enable its "Send Messages" permission.

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Tiger Brokers Response to Regulatory Guidance: Existing Trading Unaffected, No Plans to Force Out Current Users

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