Hyperliquid HIP-3 Document Update: 500,000 HYPE Staking Threshold to Be Gradually Reduced
On May 20th, Hyperliquid has officially updated its HIP-3 documentation. The update states that the 500,000 HYPE staking requirement for deploying a perpetual decentralized exchange (DEX) will gradually drop as the infrastructure matures—any portion staked above the next staking threshold can be unstaked.
The document also clarifies: "Any deployer that meets the staking requirement can launch a perpetual DEX. Crucially, each perpetual DEX operates with its own independent margin, order book, and deployer settings. Future upgrades may support multiple DEX deployments using the same deployer and staking requirements."
BlockBeats believes lowering the staking threshold will attract more builders to the HIP-3 ecosystem, tap into additional niche markets, and facilitate more experimental projects.
7 minutes ago
Two wallets simultaneously ten times leveraged long on PEPE, with a total position size of $3.37 million
On May 20th, per LookOnChain’s monitoring, two separate wallets simultaneously took 10x long positions on PEPE, totaling $3.37 million.
7 minutes ago
Chinese Elderly Man, 70, in Shanghai Almost Falls Victim to $10,000 Bitcoin Investment Coach Scam
May 20, as reported by Xinmin Evening News, a 70-something man in Chongming, Shanghai, China, nearly became a victim of an online "investment guru" pushing Bitcoin investments that promised massive returns. The man visited his local bank twice in a row to withdraw 100,000 yuan in cash to send to the scammer, but police and bank staff worked together to successfully talk him out of the plan.
Law enforcement officials are warning that investment scams targeting older adults—including Bitcoin schemes and fraudulent "retirement financial planning" offers—are highly prevalent. Scammers often pose as financial experts on short video platforms, using fake profit screenshots and lines like "small investment, big returns, zero risk" to trick people into transferring money. For anyone making large financial transactions, police advise confirming details with family members first, and reporting any suspicious activity to authorities immediately.
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Negotiations have broken down again, and Samsung Electronics will proceed with the planned strike starting tomorrow.
May 20 – South Korea’s Samsung Electronics announced Wednesday that wage negotiation talks have once again collapsed, meaning the planned strike will go ahead as scheduled starting tomorrow, Thursday. Per Yonhap News Agency and a union statement, the Samsung Electronics South Korea union has confirmed the strike will take place on Thursday as planned after official mediation discussions between the union and management came to an end.
The union said negotiations broke down because of management’s delay in making a decision, noting in a statement that it had accepted the mediator’s proposal – which management did not respond to promptly. Both the union and management have separately acknowledged that talks are over. Even as the strike unfolds, both sides say they will continue efforts to resolve the issues through negotiations.
Analyst Eamonn Sheridan pointed out that the market will closely watch which Samsung factories and production lines are affected and how long the strike is exp
7 minutes ago
Goldman Sachs to Serve as Lead Underwriter for SpaceX IPO
May 20 – Per The Information, Goldman Sachs has been tapped to serve as lead underwriter for SpaceX’s upcoming IPO, overseeing the full listing process—including pricing, roadshows, and stock allocation.
7 minutes ago
25-Year-Old AI Stock Prodigy Q1 Adds New Position: Stock Slightly Up in After-Hours Trading
May 20th — According to Bitget market data, Situational Awareness LP, the portfolio of 25-year-old Wall Street AI stock market standout Leopold Aschenbrenner, made its first net acquisition of holdings in Q1 2026, sparking minor after-hours gains for two stocks. T1 Energy (TE) rose 0.96% to $6.946; HIVE Digital (HIVE) climbed 0.6% to $3.37. Both companies are currently operating at a loss, as reflected by their price-earnings (P/E) ratios—a metric calculated by dividing a company’s market capitalization by the sum of its net profit over the most recent four quarters.
7 minutes ago
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