📰 BlockBeats Latest News Roundup

1. Data: Papertrade loss-mining lasted less than 6 days; the top three addresses by trading volume each exceeded $10 billion

2. BonkGuy’s portfolio value increased by over $1 million in the past 24 hours

3. Upbit to suspend digital asset deposits and withdrawals of 1 million Korean won or more between its platform and BitMEX

4. Microsoft completes pretraining of a 2.8-trillion-parameter model: stronger than the GPT-5.6 base model, using only one-quarter of the compute

5. HKEX: Aims to transition to T+1 settlement in the second half of 2028

6. Lightning Labs proposes LayerTree, a Bitcoin scaling solution that could allow up to approximately 1 million users to share a single UTXO

7. Lily Liu responds to “Solana Shanghai event”: Overwhelming demand for registration led to more attendees than expected, so the event will be postponed to allow for better preparation

8. Vercel gives agents persistent background environments: Tasks can keep running, and files are preserved even when sandboxes are destroyed

9. UMX officially launches today with support for Hong Kong and U.S. stock trading, pioneering “buy stocks on credit using crypto holdings” in the industry

10. A trader holds an $11.2 million HYPE long position, with approximately $58 million in unrealized profits

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