Flash News

TREE NEWS update: Ontology has temporarily halted block production on its mainnet for a security review, assuring users that their assets remain safe. The pause is a precautionary measure, and the network is expected to resume normal operations shortly.

TREE NEWS update: South Korea’s National Tax Service (NTS) plans to deploy a commercial tracking program to address tax evasion on virtual assets held in personal wallets. The move aims to close loopholes in the taxation of cryptocurrency gains, ensuring better compliance.

TREE NEWS reports: Bitcoin maintains support around $78,000 while the Japanese yen weakens past the 160 level against the dollar. Persistent dollar strength continues to weigh on the cryptocurrency market, keeping risk assets under pressure.

TREE NEWS update: Russia’s largest bank forecasts that crypto trading volume could reach $46 billion in the first year under new regulations. This prediction highlights the potential growth of the crypto market in Russia following regulatory clarity.

TREE NEWS update: SpaceX joined the Nasdaq 100 via a new fast-track rule, but the S&P 500 committee rejected any fast-track, requiring four consecutive quarters of positive GAAP net income. This highlights differing index methodologies and the impact of index inclusions on stock prices.

TREE NEWS reports: Bitcoin developer Luke Dashjr has exited the mining pool Ocean, which he co-founded. The departure marks a significant change in the pool’s direction and governance.

TREE NEWS update: The Berlin city government suffered a cyberattack, with the hacker group Rhysida demanding 30 bitcoins as ransom. The incident highlights ongoing cybersecurity threats to public institutions.

TREE NEWS update: Pons, a token launch platform on Robinhood Chain, has seen its PONS token surge from $60M to $400M market cap in a week, now around $300M, driven by record token issuance and trading volumes. Daily protocol revenue hit $930K, surpassing Jupiter and Polymarket, with 80% of fees used to buy back and burn PONS, creating a positive flywheel. Sustainability depends on Robinhood Chain meme momentum and Pons’ market share.

TREE NEWS reports: HyperEVM’s ecosystem is heating up as HYPE hits new highs, with gas fees soaring above Ethereum’s. Meme coins like EGG and CHAMELEON have surged, while projects like Motion, Kinetiq, HyperLend, and Project X are gaining traction. The ecosystem’s sustainability remains uncertain as high fees may limit long-term growth.

TREE NEWS reports: RootData has released its latest ranking of stock derivatives exchanges, with Binance, Hyperliquid, and Gate taking the top three positions. The ranking reflects the current competitive landscape in the crypto derivatives market.

TREE NEWS update: More Markets, a DeFi protocol, suffered an attack where the attacker siphoned off 15.5 million WFLOW tokens, impacting funds worth approximately $9.3 million. The incident highlights ongoing security vulnerabilities in the decentralized finance space.

TREE NEWS reports: A trader who bought 30,002 SOL at $182 each a year ago and staked them, earning 1,860 SOL rewards, has sold all 31,862 SOL for $3.25 million, incurring a total loss of $2.2 million. The trade highlights the volatility of staking and holding crypto assets.

TREE NEWS update: Gate has completed cash dividend distribution for 99 US stocks including Starbucks (SBUX), Citigroup (C), and Novo Nordisk (NVO), paying out in USDT equivalent to eligible users. The distribution covers corporate dividend dates from August 24 to 28, 2026, across multiple sectors. Users can view details in the app’s TradFi-stock section.

TREE NEWS reports: HyperliquidNews announced on X that Builder Code revenue has surpassed $100 million. This marks a significant milestone for the platform, reflecting strong adoption and usage.

TREE NEWS update: Venus Protocol has introduced a Liquidity Hub to serve as a unified entry point for liquidity, streamlining access to its decentralized lending services. The move aims to enhance user experience and capital efficiency within the Venus ecosystem.

TREE NEWS update: In the past 30 days, 25 traders on the FOMO platform have each made over $1 million in profit. This highlights the platform’s high volatility and potential for large gains.

TREE NEWS update: Bank of England Governor Andrew Bailey warned that AI could pose systemic risks to the financial system, potentially triggering a financial crisis. He emphasized the need for robust regulatory oversight to mitigate these risks.

TREE NEWS reports: Fundstrat’s Tom Lee suggests that four catalysts could trigger a rally in Ethereum, potentially driving ETH to $6000 if Bitcoin reaches $150,000 and the ETH/BTC ratio returns to 0.04. He highlights the possibility of an ETH ETF, network upgrades, and increased institutional adoption as key drivers.