Hyperliquid’s pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million

Hyperliquid’s SPACEX-USDH perpetual contract suffered a violent flash crash on Thursday afternoon, plunging from an open of $2,277 to a low of $1,254, a near-45% collapse, within a single 30-minute window before partially recovering to around $2,169. The move liquidated 405 users across 1,393 positions, wiping $1.51 million in notional value, Hyperliquid data shows. What…

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Siddaramaiah exits, but trouble may just begin for Shivakumar and Rahul Gandhi | India News

NEW DELHI: Outgoing Karnataka chief minister Siddaramaiah seems to have left a ticking bomb as a parting gift for his successor DK Shivakumar and Rahul Gandhi before deciding to step down from his position on Thursday.A day before resigning as chief minister, Siddaramaiah on Wednesday accepted the Karnataka State Commission for Backward Classes’ long-delayed educational…

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Reliance bets big on AI to reshape content, streaming and viewer engagement

Reliance Industries is placing artificial intelligence at the centre of its media and entertainment strategy as it looks to drive the next phase of growth across streaming, television and digital content businesses, PTI reported.In its latest annual report, the Mukesh Ambani-led conglomerate said AI will play a defining role in the future of entertainment and…

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Amit Shah says panel on ‘artificial’ demographic change will examine need for new law | India News

NEW DELHI: Union home minister Amit Shah on Thursday said the Centre’s newly constituted high-level committee on “artificial” demographic changes caused by illegal immigration and other unnatural reasons will also examine whether a separate law is needed to deal with the issue.Speaking after inaugurating and laying the foundation stone for projects worth Rs 340 crore,…

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Sui blockchain suffers another network outage as transactions grind to a halt

Sui network, a layer 1 blockchain developed by Mysten Labs, is experiencing a network outage on Thursday after the project said its mainnet had “stalled,” temporarily halting transaction processing. “Sui Mainnet is currently experiencing a network stall. The Sui Core team is actively working on a solution,” the project posted on X. “Be aware that…

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