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Huobi HTX has launched AERGO perpetual contracts and kicked off a contract trading party.

2025.04.18 14:40:42

On April 18th, according to an official announcement, Huobi HTX launched the AERGO/USDT perpetual contract on April 18th, and the maximum leverage is 20x. Meanwhile, Huobi HTX is hosting the AERGO Contract Trading Party from 3:00 PM on April 18th to 3:00 PM on April 25th (UTC+8), with a total prize pool of up to $10,000. The event includes: 1. New User Benefits: Users who have never conducted contract trading and complete AERGO/USDT contract trading, with a cumulative trading volume ≥100 USDT, can receive an equivalent of 3 USDT in $HTX (a total of 3,000 USDT equivalent in $HTX in the prize pool); 2. Trading Party: Users participating in AERGO/USDT contract trading with a cumulative effective trading volume of ≥10,000 USDT can share an equivalent of $7,000 USDT in $HTX based on their trading volume ranking.
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A newly created address withdrew over $200 million worth of Bitcoin from Binance

On May 7th, per Onchain Lens data, a newly created crypto wallet withdrew 2500 BTC from Binance—valued at approximately $202.36 million.

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Core Scientific sold 2,385 bitcoins in Q1 to fund its transition to an AI data center

May 7, 2026 — Crypto mining firm Core Scientific (CORZ) reported a first-quarter 2026 loss of $347.2 million, sold 2,385 bitcoins (valued at $208.3 million), and completed a $3.3 billion bond issuance to fund its shift to AI data center operations. Proceeds from the Bitcoin sale were used to cover capital expenditures and other cash needs, the company noted. In its latest financial report, Core Scientific posted total revenue of $115.2 million. AI data center hosting revenue surged from $8.6 million in the year-ago quarter to $77.5 million, now its top business segment. Meanwhile, the firm’s cryptocurrency mining revenue dropped from $67.2 million to $30.1 million, dragged down by a 45% decline in Bitcoin mining volume and an 18% fall in the average Bitcoin price.

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Binance Alpha Launches PlaysOut, Users Holding 245 Points Can Claim Airdrop

On May 7th, Binance Alpha officially announced the launch of PlaysOut (PLAY).


Users with at least 245 Alpha Points are eligible to claim the PLAY token airdrop. The airdrop (360 PLAY tokens per eligible user) is available on the Alpha event page on a first-come, first-served basis.

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Pakistani Official: Pakistan is preparing for potential US-Iran talks

**May 7 – A Pakistani official said Wednesday that relevant Pakistani departments held a meeting in the capital Islamabad to prepare for potential U.S.-Iran negotiations and even an agreement signing ceremony that could take place in Islamabad.** **Separately, another Pakistani source noted that on the same day, Pakistani military, police and other relevant personnel held a joint meeting in neighboring Rawalpindi to discuss security measures for upcoming U.S.-Iran talks scheduled for next week.** **(Xinhua)** *(Note: "Wednesday" aligns with the 202X May 7 context; adjust to the actual weekday if needed, or keep "on May 7" for generality.)*

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Hyperliquid S&P 500 Largest Long Position Takes First Profit: Closed $10 million, Position Still Holds $64 million

**On May 7, HyperInsight monitoring (via https://t.me/HyperInsight) reports the holding size on Hyperliquid peaked at $74 million, with the largest long position tied to the S&P 500. After nearly a month of heavy positioning, the holder executed their first profit-taking move—accumulating over $4.2 million in floating profits during that stretch.** **In the past two hours, the address has gradually closed ~$10 million in positions around the $7,370 level, realizing ~$550k in realized profits. Post-reduction, it still maintains a 5x leveraged S&P 500 long: remaining size = $64 million, average entry price = $6,946, and the position remains solidly long.** **Relevant address: 0xd47587702a91731Dc1089B5DB0932cF820151A91**

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The Israeli military has issued an evacuation warning to residents of southern Lebanon.

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