Flash News

TREE NEWS update: Wallets linked to Cumberland withdrew 15,390 ETH (worth $37.66 million) from Binance. This move may signal institutional trading activity or market positioning.

TREE NEWS reports: Fomo has entered the top five finance apps in the US, surpassing Cash App and Kalshi. The app’s rise highlights growing interest in crypto-based financial platforms.

TREE NEWS reports: Bitget has introduced its ‘Million Club’ initiative, offering participants a 10% USDT savings yield along with VIP 6 tier privileges. This program aims to attract high-volume traders by providing enhanced benefits on the exchange.

TREE NEWS reports: Crypto projects spent a record $638 million on token buybacks so far in 2026, with Hyperliquid and Pump.fun accounting for nearly 90% of the total. This marks a growing trend of protocols using revenue for buybacks to return value to token holders.

TREE NEWS reports: MSX has launched the third phase of its Pre-IPO offering, allowing investors to subscribe to shares of Neuralink and Anduril. This move provides access to high-profile private companies through MSX’s platform.

TREE NEWS update: Ireland has introduced a new savings scheme that excludes crypto assets, aiming to mobilize up to $203 billion in deposits. The move reflects a cautious stance toward digital assets within traditional financial frameworks.

TREE NEWS reports: An arbitration panel ruled that Gemini is not liable for the collapse of its Earn lending program, a significant legal victory for the crypto exchange. The decision could impact similar cases involving crypto lending platforms and their obligations to users.

TREE NEWS update: Analyst Willy Woo suggests that Bitcoin’s holding rate may become a critical threshold for the separation of currency from the state. This could signal a shift in how monetary systems are perceived and controlled. The comment highlights growing interest in Bitcoin as an alternative to traditional state-issued currencies.

TREE NEWS reports: Ireland has excluded crypto assets from its new tax-advantaged state savings scheme, which targets €203 billion in deposits. The scheme, opening next year, will only include shares, bonds, funds, ETFs, and insurance products, signaling a cautious regulatory stance toward digital assets.

TREE NEWS update: Bitcoin is approaching its August monthly close below key resistance levels. Markets are once again pricing in a potential Federal Reserve interest-rate hike in September, which could impact crypto sentiment.

TREE NEWS update: Float Protocol, a DeFi protocol, suffered a flash loan attack resulting in a loss of approximately $28,000. The incident highlights ongoing security risks in the DeFi space. Details of the attack are still emerging.

TREE NEWS reports: Data shows that if Ethereum (ETH) breaks above $2,567, cumulative short liquidation intensity on major centralized exchanges (CEXs) could reach $1.038 billion. This highlights a potential squeeze that could amplify upward price momentum.

TREE NEWS update: The EU has classified ChatGPT as a very large online search engine and Reddit and Roblox as very large online platforms under the Digital Services Act. This designation subjects them to stricter obligations regarding content moderation, transparency, and risk management.

TREE NEWS update: Polymarket’s head of intelligence says the platform is prepared to handle potential rule violations during the midterm elections. This comes as prediction markets gain attention for political event trading.

TREE NEWS reports: JPMorgan is reportedly expanding its retail banking crypto asset team, signaling increased focus on digital assets within its consumer operations. The move underscores traditional finance’s growing engagement with cryptocurrencies.

TREE NEWS reports: Samsung Electronics is projected to achieve an operating profit exceeding 100 trillion Korean won in the third quarter, marking a historic first. This milestone highlights the company’s robust performance in memory chips and smartphone sales, despite global economic uncertainties.

TREE NEWS reports: US strikes on Iran’s Larak Island and Iran’s missile retaliation on a US base in Jordan have disrupted the Strait of Hormuz, sending Brent crude above $90.5 and WTI above $85.5. This has reignited inflation fears, raising the implied probability of a Fed rate hike in September to 57%, causing global stock markets to tumble as Treasury yields rise.

TREE NEWS update: China’s Ministry of Industry and Information Technology has initiated a special action to cultivate AI application service providers. The program aims to promote the development and adoption of AI technologies across various industries.