TREE NEWS update: HMRC’s first-ever breakdown reveals 17,600 UK residents declared £1.38 billion in taxable crypto gains, with 240 individuals accounting for over half. Most declarants are under 55, and 87% are men.
TREE NEWS reports: A whale address spent 13.55 million USDT to purchase 5,425 ETH within 30 minutes, indicating significant large-scale buying activity in the crypto market. This move could signal bullish sentiment or strategic accumulation by a major investor.
TREE NEWS update: MANTRA disclosed a post-mortem of a recent attack, revealing that an underflow vulnerability allowed over 720 million tokens to be transferred, with approximately 37.96 million frozen. The incident underscores ongoing security challenges in DeFi protocols.
TREE NEWS reports: Despite a retail liquidity rebound, South Korea’s crypto industry lags globally, missing out on growth in perps, prediction markets, stablecoins, and RWA. Regulatory gaps and the absence of legal frameworks for these sectors widen the gap with the global market, though Korea’s potential for rapid development remains if regulation improves.
TREE NEWS update: Robinhood Chain’s meme coin AI surged to a $100 million market cap, up nearly 10x in a week, paired with tokenized NVDA stock. The coin’s community treasury buys back and burns tokens using fees, and the trend is boosting RWA trading volume on the chain.
TREE NEWS update: Moonwell, a DeFi lending protocol, lost $8.7 million on Base after an attacker bypassed its supply cap by depositing once and then sending 53 million tokens directly to the market, inflating the value of their shares about 3.7-fold. The exploit highlights vulnerabilities in supply cap mechanisms.
TREE NEWS reports: Charles Schwab will offer trading in Solana, Avalanche, and Chainlink to its nearly 40 million brokerage accounts in the coming months, marking its first token additions since launching with bitcoin and ether. This expansion broadens retail access to major altcoins through a traditional brokerage platform.
TREE NEWS reports: The OCC and FDIC finalized a rule defining ‘unsafe or unsound practice’ to require examiners to cite material financial harm or legal violations, removing reputational risk as a basis for supervisory action. This change is expected to reduce debanking of crypto firms by limiting subjective regulatory pressure.
TREE NEWS update: Sheikh Tahnoon bin Zayed al Nahyan, the UAE’s national security adviser, and co-investors own nearly half of WLTC Holdings, the holding company behind the Trump family’s bank charter bid. The involvement of a foreign official raises regulatory and geopolitical questions, though the news does not directly relate to asset tokenization.
TREE NEWS reports: Blockstream researchers have proposed SHRINCS, a new signature scheme designed to make Bitcoin quantum-resistant while preserving block space efficiency, maintaining roughly three transactions per second. The draft aims to safeguard Bitcoin against future quantum threats without compromising network capacity.
TREE NEWS update: Arthur Hayes has called on the community to create a Technocore DID to qualify for the FLOP token airdrop. This move aims to leverage decentralized identity in the crypto space, potentially marking a step towards broader adoption of DID-based reward systems.
TREE NEWS update: A US judge ruled that the Trump administration illegally retaliated against AI company Anthropic, revoking a ban and issuing a permanent injunction. The decision marks a significant legal setback for the administration’s actions against the AI firm.
TREE NEWS reports: In the last hour, Binance recorded a net outflow of 30.3875 million USDT, indicating a notable movement of stablecoins off the exchange. This could signal shifts in trader behavior or market sentiment.
TREE NEWS update: ChangXin Technology (长鑫科技) reported first-half revenue of 150.31 billion yuan, a year-on-year increase of 873.64%, driven by strong demand in the semiconductor market. The company’s impressive growth underscores its expanding footprint in the memory chip industry.
TREE NEWS reports: Samsung’s Galaxy Z Fold8 is facing tight supply of Display Driver ICs (DDIs), prompting the company to consider using its development allocation intended for next year. This move highlights ongoing supply chain constraints in the smartphone industry.
TREE NEWS reports: A federal judge ruled that the Trump administration illegally retaliated against AI firm Anthropic by designating it as a supply chain risk. The court vacated the designation and issued a permanent injunction, rejecting the government’s request for a stay.
TREE NEWS reports: Bitget’s institutional TradFi perpetual contracts trading volume surpassed $100 billion in August, marking a significant milestone for the exchange’s expansion into traditional finance derivatives. The surge reflects growing demand for crypto-native perpetual products among institutional traders.
TREE NEWS update: The second phase of incentives for USDD and Pendle has been launched, offering $600,000 in rewards. This initiative aims to boost participation and liquidity in the associated DeFi protocols.
TREE NEWS reports: The Hong Kong dollar stablecoin HKDAP has expanded its authorized distributor network to five institutions. This move aims to enhance the accessibility and adoption of the stablecoin in the region, reflecting ongoing developments in the digital asset space.
TREE NEWS update: AEON has integrated with Kenya’s M-Pesa, enabling crypto asset payments through the popular mobile money platform. This move aims to bridge digital assets with traditional mobile payments in Africa.
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