Flash News

TREE NEWS reports: Galaxy Research’s head of research warns that the Coldcard hacker remains active, having stolen keys that were generated using entropy from five dice rolls. This highlights ongoing security risks even for hardware wallets with additional entropy sources.

TREE NEWS reports: Bitcoin’s recent rally paused after Fed Chair Kevin Warsh’s hawkish comments on inflation, causing some profit-taking. Despite this, prediction market traders remain bullish on BTC’s long-term prospects.

TREE NEWS update: Grayscale suggests that the currency devaluation trade will benefit Bitcoin as the US dollar drops to a three-month low. This macroeconomic environment may increase demand for Bitcoin as a hedge against fiat depreciation.

TREE NEWS reports: Grayscale’s research team states that the debasement trade, driven by rising government debt, is benefiting Bitcoin. The asset manager suggests that Bitcoin is well-positioned as a hedge in this environment.

TREE NEWS reports: Metaplanet CEO Simon Gerovich stated that the Bitcoin bottom has been reached and that Asia presents a significant opportunity for the cryptocurrency market. He expressed optimism about the region’s adoption and growth potential.

TREE NEWS update: At Bitcoin Asia, Metaplanet CEO Simon Gerovich argued that as regulatory landscapes shift, Asians are seeking new places to park cash, and Bitcoin presents the opportunity. He believes Bitcoin’s moment has arrived for the Far East.

TREE NEWS update: Coinbase CEO Brian Armstrong called on the US to pass the Clarity Act to establish clear regulations for the crypto industry. He emphasized that regulatory clarity is essential for innovation and growth in the digital asset sector.

TREE NEWS reports: Meta is reportedly testing robots to handle data center tasks, sparking fears of job displacement. The move reflects broader automation trends in tech infrastructure.

TREE NEWS reports: Meta is testing humanoid robots to handle data center tasks as its AI infrastructure expands, aiming to address skilled labor shortages. However, employees fear automation could eliminate some roles.

TREE NEWS reports: The Ninth Circuit affirmed the dissolution of Kalshi’s Nevada injunction, finding no likely federal preemption and ruling that Kalshi’s sports contracts are not swaps. This decision splits with the Third Circuit’s preliminary conclusion, creating a legal conflict over the classification of event contracts.

TREE NEWS update: Solana validators have approved a proposal to accelerate SOL deflation, doubling the annual deflation rate to 30%. This move is expected to significantly reduce the token supply over time, potentially impacting its economics.

TREE NEWS update: Solana validators approved a proposal to double the annual disinflation rate from 15% to 30%, accelerating the reduction of SOL issuance while keeping the long-term inflation target unchanged. This move aims to strengthen SOL’s scarcity over time.

TREE NEWS update: Evernorth, the company managing XRP treasury assets, has received SEC clearance, advancing its plan to list on Nasdaq pending a shareholder vote. The firm’s XRP holdings are currently valued below its original purchase price, reflecting market volatility.

TREE NEWS reports: BitcoinTreasuries.NET reported that Strategy’s MSTR recorded over $3 billion in daily trading volume, surpassing Walmart’s by 136%. This highlights the significant trading activity in Bitcoin treasury companies.

TREE NEWS update: Austin and other US cities are considering restrictions on AI data centers due to concerns over water and electricity demands. Communities are challenging the environmental impact of AI infrastructure, prompting local governments to explore regulatory limits.

TREE NEWS reports: An attacker drained over $1 million from Avici users in a live attack on the Solana neobank, holding 10,005 SOL at press time. Avici acknowledged the issue affecting card balance withdrawals nearly two hours after the first drain transaction, as funds continued to be taken.

TREE NEWS update: Gold (XAUUSD) has dropped to $4450 per ounce, currently trading at $4446.91, a 24-hour decline of 3.4%. The data comes from Gate.

TREE NEWS update: Strive has made history by adding 2,680 BTC within just five days, marking a record accumulation. Meanwhile, its associated token ASST has surged 100% over the past month, reflecting strong market momentum and investor interest.

TREE NEWS reports: French bitcoin treasury company Capital B has raised €21 million from Adam Back and TOBAM to increase its bitcoin holdings. The firm currently holds 3,145 BTC, valued at over $245 million.