Flash News

TREE NEWS reports: Former SEC and CFTC officials are advocating for a more lenient regulatory approach to bring crypto perpetual futures trading onshore, warning that burdensome rules will keep the $90 trillion market offshore. They urge the agencies to act despite the Clarity Act being stalled in Congress.

TREE NEWS reports: Bitcoin remains above $78,000, on track for its best month since 2017, despite a hawkish Fed and renewed Middle East conflict. US strikes on Iran have rattled stocks and lifted crude oil prices, but BTC shows resilience.

TREE NEWS reports: Telegram has made Gram Wallet the default crypto wallet for its users and rebranded ‘Wallet in Telegram’ to ‘Wallet’. The move integrates crypto more deeply into the messaging platform.

TREE NEWS update: Hyperliquid Labs is in advanced negotiations with Payward, Kraken’s parent company, to offer Hyperliquid ecosystem perpetual futures to US traders through its exchange Bitnomial. If regulatory approval is secured, US users could trade perpetuals linked to token prices on the Hyperliquid blockchain. This comes as Hyperliquid accelerates its US expansion, following President Trump’s remarks about supporting its entry into the US market.

TREE NEWS reports: Slow Mist founder Cosinus reported a group theft affecting over 100 addresses and dozens of users, with hackers stealing about $200,000 due to private key leaks. The common factor is the use of the iToken wallet, which historically collected private keys/mnemonic phrases, and some involved criminals were previously arrested.

TREE NEWS reports: Traders on Polymarket now price a 55.5% chance of a quarter-point Fed rate hike in September, up from 28% on Friday, following Kevin Warsh’s Jackson Hole speech. Bitcoin dipped 0.7% on the day but remains 24.5% higher since early August, while most major altcoins fell.

TREE NEWS update: Bitcoin experienced sharp price swings within its local range as markets reacted to US Treasury Secretary Scott Bessent’s comments on bond yields. With US bond yields approaching a 20-year high, traders are closely watching for potential volatility in the crypto market.

TREE NEWS update: Tim Cook’s 15-year tenure as Apple CEO has officially ended, with hardware chief John Ternus taking over on September 1, leading the $4.67 trillion company. Cook will transition to executive chairman. Ternus faces challenges including Apple Intelligence and AI strategy, with his first major test at the September 9 product launch.

TREE NEWS update: BitMine has staked 5.07 million ETH, representing 4.9% of the total Ethereum supply. This significant stake highlights the growing trend of institutional participation in Ethereum staking.

TREE NEWS update: Russia’s Sberbank projects $46.4 billion in trading volume during the first year of its crypto operations, as the country accelerates regulation of digital assets. Bitcoin trading is expected to be a major driver, according to a report from Bitcoin Magazine.

TREE NEWS update: BitMine’s staked ETH balance held at 5.07 million (valued at $12.7 billion) for the fourth consecutive week, while the company added 53,501 ETH to its treasury. It also reported $335 million in annualized staking revenue, indicating stable operations.

TREE NEWS reports: Russia’s largest bank, Sberbank, plans to accept Bitcoin, Ethereum, and Tether as loan collateral, contingent on new crypto regulations and approval from the Bank of Russia. This move signals growing institutional adoption of digital assets in Russia.

TREE NEWS reports: Strategy (formerly MicroStrategy) resumed buying bitcoin, acquiring 4,603 BTC for $370 million funded entirely by MSTR share-sale proceeds. The company left its $5.10 billion USD Reserve untouched to cover preferred dividends and debt interest.

TREE NEWS reports: The US SEC is reportedly considering eliminating rules that allow shareholders to submit proxy proposals, a move that could significantly impact corporate governance and shareholder activism. This development may have implications for crypto companies and the broader financial markets.

TREE NEWS update: Kalshi has imposed its first lifetime trading ban on former U.S. Congressman George Santos. The ban follows Santos’s use of the prediction market platform, marking a significant enforcement action by the exchange.

TREE NEWS update: Sony is defending against a California class action over its ‘Buy Now’ buttons by arguing that digital games are licensed, not owned, and has asked the court to send the case to arbitration. The outcome could impact consumer rights and the broader digital ownership debate.

TREE NEWS reports: Crypto exchange Luno has obtained a Class F Digital Asset Business License from the Bermuda Monetary Authority, enabling it to operate under a comprehensive regulatory framework. This milestone reflects the exchange’s commitment to compliance and expands its global footprint in a well-regulated jurisdiction.

TREE NEWS reports: Pump.fun moved over 132,000 SOL in trading fees to exchange Kraken, worth about $13.74 million. The transfer was detected on-chain, highlighting the platform’s significant revenue generation.

TREE NEWS reports: Bitmine has accumulated 4.9% of Ethereum’s supply after adding 53,500 ETH, marking its 65th consecutive week of buying. Despite a prolonged crypto downturn and $5.1 billion in paper losses, the firm continues its accumulation strategy.