Linera Launches Babbage Testnet

May 21 Update: Per on-chain analyst Ai (@ai_9684xtpa), Grayscale’s affiliated address has accumulated 228,883 HYPE tokens worth $12.1 million over the past 17 hours. Since May 14, the same address has withdrawn a total of 325,205 HYPE tokens ($16.48 million) at an average price of $50.69, translating to $1.7 million in current unrealized gains.

May 21 — The U.S. Department of Justice has formally indicted former Cuban leader Raúl Modesto Castro Ruz, charging him in connection with the 1996 incident where Cuban fighter jets shot down two humanitarian aid planes, killing four U.S. nationals, three of whom were American citizens. Raúl Castro, the brother of former Cuban leader Fidel Castro, served as Chairman of Cuba’s State Council from 2008 to 2018. This legal move is the latest escalation in the Trump administration’s "maximum pressure" campaign against the Cuban regime. Previously, the administration imposed sanctions on Cuba’s military and intelligence sectors and repeatedly urged Cuban leaders to end what it calls oppression of the Cuban people and negotiate an agreement with the United States. Cuban President Miguel Díaz-Canel fired back on social media, claiming the U.S. charges expose the arrogance and frustration of an imperialist power facing the unwavering resolve of the Cuban Revolution and the unity and moral str

May 21st. Markets are once again waking up to the reality that interest rates could stay elevated—or even climb higher. The latest FOMC meeting minutes show the Fed’s internal consensus favoring loose monetary policy has eroded rapidly; several policymakers now signal additional tightening is on the table if inflation remains above target. Investors have adjusted their outlooks accordingly: federal funds rate futures now price in a meaningful chance of another rate hike before year-end. The core driver? The ongoing Middle East conflict’s spillover into energy markets and global supply chains. While Trump has noted U.S.-Iran negotiations are nearing a final stage, rifts between the U.S. and Israel over whether to continue striking Iran are deepening. Trump wants to end the conflict via a diplomatic deal, while Netanyahu aims to further weaken Iran’s military and nuclear capabilities. Markets worry that even temporary talks progress won’t ease oil prices or shipping risks as long as th

On May 21st, NVIDIA (NVDA) released its Q1 FY2027 earnings report after the U.S. market closed on Wednesday. The chipmaker posted revenue of $81.6 billion, exceeding market consensus estimates of $78.672 billion, with its data center division leading growth at $75.2 billion—also topping projections of $72.8 billion. NVIDIA also announced an $80 billion stock repurchase plan and a quarterly dividend increase, lifting the cash payout from $0.01 per share to $0.25 per share. Currently, NVIDIA’s stock trades at $223.47, giving the company a market capitalization of $5.43 trillion. As a core bellwether for global AI assets, its earnings results and stock price fluctuations remain closely watched by the market. With cryptocurrencies growing more integrated into U.S. stock trading landscapes, top AI stocks have emerged as important targets for crypto users seeking cross-market trading opportunities. BiyaPay, meanwhile, enables users to trade a range of assets—including U.S. stocks, Hong Kon

On May 21, Tor-based peer-to-peer multi-signature decentralized exchange (DEX) RetoSwap announced via social media that the trading protocol of its upstream open-source project, Haveno, had been hacked. In response, RetoSwap banned the attacker’s onion address and suspended trading by enforcing a client version restriction, clarifying that the core team itself was not targeted. The breach primarily impacted large cryptocurrency transactions, while fiat trades remained unharmed, according to the update. Blockchain security firm PeckShield monitored the incident and reported that RetoSwap users lost roughly 7,000 Monero (XMR), equivalent to about $2.7 million. The RetoSwap team is currently assessing solutions to help affected users recover their funds.

May 21 — Per monitoring from Hyperinsight (https://t.me/HyperInsight), HYPE saw a sharp rally this morning, briefly topping the $57 mark. The largest on-chain short holder for HYPE, trader “Loracle,” now has unrealized losses that have swelled to $20.1 million. Currently, he holds a short position on 1.711 million HYPE with 5x leverage, bringing his total position size to $96 million. Amid ongoing market headwinds, this whale added to his short position against the prevailing trend between last night and early this morning. As of press time, he has accumulated an additional 268,000 HYPE shorts (valued at roughly $15.27 million), pushing his average entry price up from $42.55 to $44.3, while his liquidation price sits at $69.7. Wallet address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae