Flash News

TREE NEWS reports: Real Trump Coins promoted GOLD on social media before deleting related posts, while wallets linked to the team sold 224.5 million tokens as the market value plunged about 99%. The incident highlights the risks of celebrity-endorsed crypto tokens.

TREE NEWS update: PONS token’s market capitalization briefly touched $200 million, setting a new all-time high. The surge reflects strong market momentum for the asset.

TREE NEWS reports: SK Telecom is spinning off its AI data center business into a new entity, SK Horizon, and plans to attract $2.2 billion in external investment. The move aims to bolster its AI infrastructure capabilities.

TREE NEWS update: Ajna Protocol suffered an exploit resulting in a loss of approximately $775,000. The team is investigating the incident and urging users to take necessary precautions.

TREE NEWS reports: Jiang Zhuoer, a prominent Chinese crypto investor, stated that Bitcoin is facing its first major test since the current rally began. He revealed that he has sold 50% of his ETH spot position, signaling caution amid market volatility.

TREE NEWS reports: Bitmain has unveiled two new water-cooled Bitcoin mining machines, the S23 XP Hyd and S23e U2H, aiming to enhance mining efficiency and performance. The launch underscores Bitmain’s continued innovation in the crypto mining hardware sector.

TREE NEWS update: South Korean cryptocurrency exchanges saw a massive 188.04% surge in weekly trading volume over the past week. This spike indicates heightened retail interest and activity in the Korean crypto market.

TREE NEWS reports: The first Outcome DEX ‘OUT’ built on Hyperliquid’s HIP-4 standard has been fully deployed. This marks a significant milestone for Hyperliquid’s ecosystem, introducing a new type of decentralized exchange focused on outcome-based trading.

TREE NEWS update: Interpol’s Jackal IV operation has led to the arrest of 58 individuals, focusing on investment scams involving cryptocurrencies. The operation targeted fraudulent schemes that exploited digital assets to deceive victims globally.

TREE NEWS reports: The article argues that Robinhood Chain represents one of the few incremental markets in the crypto space, with leading on-chain projects offering deterministic opportunities. It suggests that investors should focus on these leaders for potential gains.

TREE NEWS update: Data shows that Ethereum’s supply increased by 20,125 ETH over the last 7 days, indicating a net inflation. This shift reflects current network dynamics and may impact market sentiment.

TREE NEWS update: The General Manager of the Bank for International Settlements (BIS) stated that stablecoins are not credible for large-scale payments, citing concerns over their reliability and regulatory oversight. This highlights ongoing skepticism from traditional financial institutions towards digital assets.

TREE NEWS reports: Neutrl has paused its contract trading due to liquidity issues stemming from position problems. The platform plans to open redemptions in September to address user concerns.

TREE NEWS reports: BIS chief Pablo Hernández de Cos stated that stablecoins lack credibility for payments at scale, citing regulatory and operational risks. A new FSI study highlights significant differences in issuer rules across jurisdictions, underscoring the need for global standards.

TREE NEWS update: British police have seized approximately $1.4 million in cryptocurrency, with the funds traceable to a now-defunct darknet marketplace. The operation highlights ongoing efforts to track and confiscate illicit digital assets.

TREE NEWS reports: Changpeng Zhao (CZ), former Binance CEO, stated that Bitcoin will surpass gold’s market cap in the next bull run, with the $1M target achieved earlier than 25 years. This follows a 27% rally in two weeks and contrasts with Coinbase CEO Brian Armstrong’s revised forecast of $300k-$400k by 2030.

TREE NEWS reports: USDC’s circulating supply increased by $1 billion over the past week, indicating growing demand for the stablecoin. This net addition highlights continued adoption in the crypto ecosystem.

TREE NEWS update: Nvidia reported Q2 FY2027 revenue of $96.2B, up 106% YoY, with data center revenue up 117% to $89B, but the market’s focus has shifted to the Rubin platform ramp, margin compression, and the exclusion of China data center revenue from guidance. The company guides Q3 revenue around $108B, with non-GAAP gross margin expected to decline to ~74% due to rising memory and component costs.

TREE NEWS reports: Analysts say Kevin Warsh’s comments have revived the possibility of a September rate hike, but the outcome hinges on upcoming nonfarm payroll and CPI data. Markets are pricing in mixed signals, with the Fed’s next move still uncertain.