The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

June 1 — Per Hyperinsight’s monitoring (via its Telegram channel: https://t.me/HyperInsight), over the past 48 hours, the largest long-position whale in the HYPE token market — suspected of insider trading ahead of HYPE’s Robinhood listing — has been both expanding its unrealized gains and aggressively withdrawing realized margin. As of press time, a total of $9 million in margin has been pulled. This latest wave of withdrawals has lifted the token’s liquidation price to $52.8, signaling HYPE is unlikely to drop below this level in the near term. The address in question currently holds a long position of 1.38 million HYPE with 5x leverage: the position is valued at roughly $101 million, boasts an average entry price of $38.67, and has generated an unrealized gain of $47.9 million, equivalent to a 236% return. Since HYPE rebounded from a low of $20.4 back in January, every significant price surge has been followed by large-scale withdrawals of unrealized margin, totaling more than $30

June 1: Arthur Hayes has issued a $100,000 charity bet challenge to Kyle Samani, Hyperliquid’s top “maximalist.” Hayes is wagering that the HYPE stablecoin will outperform any current top-10 cryptocurrency, and Samani has accepted the deal—selecting SOL as HYPE’s opposing asset.

June 1 marked a notable shift for Japan’s historically stable stock market, years after the country’s economic bubble burst. Starting May 21, the market has rallied sharply, driven by SoftBank Group. SoftBank’s market cap has surged to roughly ￥46 trillion (around $288 billion), officially edging past Toyota to become Japan’s most valuable company by market capitalization. The global AI investment craze has finally taken hold in Japan’s equity markets. Notably, 15 days after the Nikkei 225 crossed the 67,000 threshold, the Bank of Japan will deliver its interest rate decision. Polymarket data puts an 88% probability of a rate hike at this meeting, though this potential headwind appears to have been fully priced into the market. A Nomura Securities analyst said last week that with upward revisions to profit outlooks for AI and semiconductor firms, the Nikkei 225 is forecast to hit 68,000 by the end of 2026, and could rise to 70,000 in 2027.

June 1st: According to Onchain Lens monitoring, the Bitwise HYPE ETF again purchased 112,158 HYPE via FalconX, valued at approximately $8.18 million.

On June 1, Bitget market data shows that SoftBank Group’s stock has continued to climb, with its gain expanding to 13.4%.

Sui Mainnet Experienced Three Outages Over May 28-29, 2026; User Funds Remain Safe **June 1 Update** Sui’s June 1 official announcement (originally in Chinese, translated for clarity) reviews three network outages on its Mainnet, occurring in Pacific Time (UTC-7) on May 28 (Thursday) and May 29 (Friday), 2026. Root causes for the first two outages: A crash bug arising from interactions between the network’s Gas billing logic and its newly launched Version 1.72, which introduced the Address Balances feature. To get the network back online quickly, the Sui core team deployed a temporary fix for the Thursday outage—even though this fix carried a low probability of causing another failure, the team accepted the risk to prioritize rapid recovery. A variant of this same known issue caused the Friday morning outage. The third outage hit Friday afternoon during a routine Epoch transition. When validation nodes restarted to deploy the Friday morning fix, a long-dormant latent bug relat