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A whale outpaced the good news of SK Hynix to buy the dip, with a $3.8 million long position now significantly profitable.

2 hours ago

June 8th — According to Hyperinsight’s monitoring (via https://t.me/HyperInsight), a whale trader on Hyperliquid opened a long position on SKHYNIX with 2x leverage at 7:50 AM today, shortly after news emerged of an upcoming long-term partnership between NVIDIA and SK Hynix. At the time, the market had not yet fully priced in that positive development, so SKHYNIX was hovering around the $1,200 mark. As the partnership’s bullish momentum continued to build, the whale steadily added to their position as SKHYNIX rallied, eventually growing their total position size to $3.8 million with an average entry price of $1,239. SKHYNIX subsequently spiked to a high of $1,300. As of press time, the address’s unrealized gains stand at $140,000. Trader Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b
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The United Nations Development Programme Establishes Blockchain Advisory Board, with Participation from Various Public Chain Foundations and Cryptocurrency Institutions

June 8, the United Nations Development Programme (UNDP) announced the launch of its Blockchain Advisory Group, designed to advance the use of blockchain technology in global development efforts and public service delivery. Members of the advisory group include the Algorand Foundation, Arbitrum Foundation, Avalanche Foundation, Cardano Foundation, Ethereum Foundation, Stellar Foundation, and Sui Foundation, plus industry organizations such as Kraken and Cointelegraph. This UNDP action deepens collaboration between the UN system and the blockchain sector, marking a further step toward exploring applications of digital technology in key areas: financial inclusion, identity authentication, supply chain transparency, and sustainable development.

3 minutes ago

NVIDIA and Hyundai to Expand AI Robot Partnership, Advance Humanoid Robot Commercialization

On June 8, NVIDIA and Hyundai Motor Group announced an expansion of their collaboration in physical AI and robotics. Following a meeting in Seoul, the two companies stated they will leverage Hyundai’s manufacturing capabilities to move robotic technology from the research and development (R&D) stage to full-scale factory deployment. According to reports, NVIDIA CEO Jensen Huang and Hyundai Motor Group Chairman Chung Euisun focused on Hyundai’s Atlas humanoid robot project and the roughly 90 trillion won investment in the new Saemangeum development plan. This initiative will cover AI data centers, the robotics industry, and hydrogen infrastructure construction. Huang called this plan the "AI Valley" and noted that both parties aim to accelerate the commercialization of the robotics sector by combining NVIDIA’s AI technology with Hyundai’s manufacturing know-how. --------------------------------- Click the link to the original article below to join BlockBeats’ Feishu AI News Channel,

3 minutes ago

Mindful Tech's Mind Lab releases open-source 749B AI Agent Macaron-V1-Preview

On June 8, per BlockBeats' monitoring, Mindverse’s Mind Lab has open-sourced the personal AI model Macaron-V1-Preview, which has 749 billion parameters. Built on the GLM5.1 pre-trained base, it offers a 202k context window and is released under the MIT license. The development team, led by Chen Kaijie and Andrew (co-authors of the ReAct and FireAct papers), includes core researchers from DeepSeek, ByteDance, and xAI. Currently, the model has deep integration with Mindverse’s assistant app Macaron, which boasts 2 million users, creating a closed “Product-Model” iterative feedback loop. Earlier this June, Mindverse closed a nearly $50 million Series A funding round led by Meituan. Macaron-V1-Preview underwent reinforcement learning training based on GLM5.1. It adopts a Mixture-of-LoRA (MoL) architecture, where task-specific “LoRA skill packs”—covering emotion understanding, tool usage, and coding capabilities—are mounted on a shared base model. These skill packs support sub-second dyna

3 minutes ago

Source: Insider Insiders: Visa, Mastercard in Talks with Stripe, Coinbase on Stablecoin Platform Partnership

NEW YORK, June 8 (Fortune) — Visa and Mastercard are in active talks with companies including Stripe, Coinbase, and potential additional players to form a stablecoin alliance and launch a dedicated new stablecoin platform, per sources familiar with the matter cited by Fortune. If the partnership is finalized, it would deliver a major shakeup to the $300 billion-plus global stablecoin market. Leveraging Visa, Mastercard, and Stripe’s massive reach in worldwide retail payments, the new platform aims to drive wider adoption of stablecoins for everyday transactions. Industry observers are closely tracking how the plan will impact Circle. Right now, Circle’s USDC dominates the regulated stablecoin market in North America and Europe. Insiders note that Visa, Mastercard, Coinbase, or all three could use the alliance to push merchants to adopt their own stablecoins, unlocking new revenue streams like reserve interest earnings. For Coinbase, it’s continuing to reap benefits from its 2023 dea

3 minutes ago

The Iranian Armed Forces have announced the cessation of military operations against Israel

June 8 — According to Iran’s Fars News Agency: The Iranian Armed Forces have announced an end to their military operations against Israel, warning that if Israel resumes its attacks on Lebanon, it will face far harsher retaliation.

3 minutes ago

U.S. Stock Index Futures Rebound, Chip Stocks Rally, Market Focus on Iran-US Tensions and SpaceX IPO

June 8. U.S. stock index futures were pointing higher in pre-market trading Monday, with Nasdaq 100 futures climbing 1.1%, S&P 500 futures up 0.6%, and Dow futures adding roughly 85 points. That comes on the heels of a brutal Friday for tech: The Nasdaq Composite tumbled 4.2%—its worst single-day drop since April 2025—fueled by profit-taking in chip stocks. Chip stocks bounced back sharply Monday. NAND chip maker Micron Technology rose more than 3% in pre-market action, recouping some of its 13% Friday slump; Nvidia and Broadcom also notched pre-market gains. The Philadelphia Semiconductor ETF (SOXX) was up 2.4% in early trading, after plunging 10% last Friday—its steepest single-day drop in over six years. Middle East tensions are also roiling markets: Iran launched a missile strike over the weekend, stoking fears about the region’s shaky ceasefire. The Israel Defense Forces (IDF) later said it carried out a “ widespread attack ” on Iran’s strategic defense systems. International oi

3 minutes ago