A whale went long 3X on 1.97 million TON tokens, equivalent to $5.39 million.

On Wednesday, May 8, Eastern Time, NVIDIA CEO Jensen Huang heaped praise on the company’s new partnership with Corning in an interview, framing it as a major opportunity to strengthen the U.S. tech supply chain. Huang noted that the next wave of AI infrastructure will demand massive optical connectivity—computational demands have grown so fast that copper cables can no longer keep up. “We’re going to scale optical technology applications like never before,” he said. “Frankly, no optics firm has ever operated at this scale.” The NVIDIA chief also emphasized that the current AI investment boom benefits far more than just tech companies. He pointed out the AI sector’s steady, rising demand for electricians, construction workers, chip manufacturers, and data center infrastructure specialists—showing this growth is already having a major impact across the entire economy. (BlockBeats)

May 8th — Per GMGN market data, Ethereum ecosystem token **uPEG** (from Unipeg, built on Uniswap V4 Hooks) temporarily fell below $8 million in market cap, now sitting at $8.2 million. It has plummeted over 31% in the past 24 hours, with 24-hour trading volume at $4.8 million — down more than 75% from its $34 million peak. Unipeg’s uPEG focuses on on-chain objects tied to Uniswap V4 Hooks: Each transaction instantly generates a unique 24×24 SVG pixel art unicorn in real time, with no artist involvement or minting required — powered entirely by on-chain mechanisms. BlockBeats cautions the token’s high volatility and advises users to invest cautiously.

On May 8th, SlowMist Chief Security Officer 23pds took to X to warn Linux users to update their systems. Full details of the **Dirty Frag vulnerability**—which lets attackers obtain root access on the latest Linux systems—and its exploit code have been publicly disclosed. This flaw allows any local low-privileged user to gain direct root access on nearly all mainstream Linux distributions. It is a **deterministic logic bug**: attackers don’t need to rely on complex race conditions. The exploit has a very high success rate, doesn’t crash the kernel, and poses a significant threat.

As of May 8, HTX market data shows JTO spiked to $0.7 before pulling back, currently trading at $0.575—representing an over 41% gain in the past 24 hours. Earlier reports note that on May 5, Jito announced plans to launch JTX, a consumer-focused crypto trading app, in July this year. The move marks its official shift from infrastructure to frontend trading operations. Initially, JTX will support Solana-based spot trading, with perpetual contracts and prediction market features set to be integrated later.

May 8 — Per data from GMGN (via [https://t.me/gmgnaibot?start=i_m4TE56o8](https://t.me/gmgnaibot?start=i_m4TE56o8)), USDUC, a Solana-based on-chain meme coin, currently has a market capitalization of $9.6 million. The token is down 47.9% over the past 24 hours, with its 24-hour trading volume at $9.3 million — a drop of over 66% from yesterday’s $29 million peak. **BlockBeats Note**: Meme coins are highly volatile, driven primarily by market sentiment and speculative hype, with no tangible value or real-world use cases. Investors are advised to exercise caution regarding associated risks.