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Linera Launches Babbage Testnet

2025.04.18 13:40:16

On April 18th, Linera made an announcement regarding the commencement of the Babbage testnet. This testnet represents the next phase in the evolution of the Linera protocol, which is specifically tailored for real-time and user-centric blockchain applications. The release includes the provision of a development toolkit along with protocol upgrades.
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Bitcoin Mining Hosting and Cloud Service Company Applied Digital Completes $2.15 Billion Bond Financing

March 4th — Bloomberg reports that Applied Digital, a Bitcoin mining hosting and cloud services firm, has secured $2.15 billion in bond financing to construct its Polaris Forge 2 AI data center campus in Harwood, North Dakota. The facility has been leased to Oracle. Applied Digital previously noted the project is expected to generate roughly $5 billion in revenue over the roughly 15-year contract term.

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Korean Stock Market Halts Trading for Second Consecutive Day, Long Position Address Nearing Liquidation

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Two major highly correlated WTI crude oil short whales took profit and exited, with a position return of approximately 12%.

March 4th — Per data from Coinbob Popular Address Monitoring, two highly correlated addresses on Hyperliquid simultaneously liquidated their long positions in xyz:CL (WTI Crude Oil Futures Mapping Contract) last night, with an average exit price of ~$74. Previously, the pair held positions worth over $3.2 million, with an average entry price of ~$70. Using 2-3x leverage, they yielded ~12% returns. These two whale addresses (0x1de and 0xb58) share similar holding patterns and on-chain transfer histories, and had accurately positioned for long trades well ahead of Iran’s announcement banning ships from passing through the Strait of Hormuz—a key crude oil shipping lane.

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Binance Alpha Lists Alibaba and Palantir Stock Tokens

On March 4th, Binance Alpha has listed stock tokens for Alibaba and Palantir, per information from relevant pages.

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Aave Founder Responds to "ACI Exit": Protocol Will Continue to Operate Normally, Incentive Programs Unaffected

March 4: Aave founder Stani Kulechov took to X to recognize Aave Chan Initiative (ACI) founder Marc Zeller’s seven-year contributions to the Aave ecosystem. Kulechov highlighted Zeller’s work shaping incentive programs via ACI, driving protocol growth, and participating in the DAO’s evolution. He noted the protocol will continue operating as usual, with incentive programs unaffected. Aave Labs will partner with other DAO service providers to ensure a smooth community transition. Previous news: Aave’s key service provider ACI plans to exit DAO governance in July.

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