Flash News

TREE NEWS update: Popular streamer Du Shi revealed he was scammed out of tens of millions of RMB by Sun Zeyu, founder of Genesis Capital, who allegedly provided fake ETH on a private fork chain to deceive him. The scam, lasting eight years, involved a chain with only seven addresses, six controlled by Sun. Du Shi’s case highlights the risks of entrusting crypto assets to others, and legal action is pending.

TREE NEWS reports: Flock CEO Garrett Langley urged Americans to compromise on privacy, asserting that 99.9% of police are good actors. This comes after a report identified at least 69 officials accused of misusing license plate readers, sparking backlash over surveillance concerns.

TREE NEWS update: BlackRock has purchased Bitcoin and Ethereum for eight consecutive trading days, with total inflows exceeding $3.1 billion. This sustained accumulation signals strong institutional demand for digital assets.

TREE NEWS reports: Since June, ETH exchange balances have decreased by 1.4 million coins, while BTC balances have increased against the trend. This shift suggests differing investor behavior between the two major cryptocurrencies.

TREE NEWS update: The Ethena Foundation has unveiled four significant ecosystem adjustments, including a buyback of ENA tokens and the elimination of monthly VC unlocks. These changes aim to restructure tokenomics and enhance long-term sustainability.

TREE NEWS reports: Salesforce shares jumped 19% to their highest level since August 2020, following strong quarterly results and optimistic guidance. The rally reflects robust demand for its cloud and AI products.

TREE NEWS update: Genius Group, an AI-focused education company, unveiled a $1.2 billion capital plan to fund its AI Treasury and Bitcoin Treasury initiatives. The move signals growing corporate adoption of Bitcoin as a treasury reserve asset alongside AI investments.

TREE NEWS reports: Meta is reportedly planning to invest $10 billion annually in AI models developed by Anthropic. This strategic move underscores the growing competition in the AI sector and Meta’s commitment to advancing its AI capabilities.

TREE NEWS update: Alphabet’s stock has dropped 15% from its highs, as market doubts grow over its AI leadership. The decline reflects concerns about competition and the company’s ability to monetize AI investments.

TREE NEWS reports: Bitcoin remains stable around $80,000 as traders await the Jackson Hole symposium for potential market-moving signals. The focus is on any hints about monetary policy that could impact risk assets including crypto.

TREE NEWS update: Elon Musk, Jensen Huang, and Sam Altman are scheduled to attend the G20 technology meeting next week, according to ChainCatcher. The gathering will bring together top tech leaders to discuss technological advancements and policy.

TREE NEWS reports: Ripple Prime has introduced Delta One, a new service expanding its US equity derivatives business. This move diversifies Ripple’s offerings beyond crypto into traditional financial markets.

TREE NEWS reports: Data shows that if Bitcoin falls below $75,528, the cumulative long liquidation intensity on major centralized exchanges could reach $1.554 billion. This highlights the potential for a sharp market move and increased volatility.

TREE NEWS update: CrowdStrike shares jumped 10%, marking their biggest gain since July 14. The surge is likely driven by positive market sentiment or company-specific news.

TREE NEWS update: US stock indices showed mixed performance at the open, with the Dow Jones falling while the S&P 500 and Nasdaq gained. This reflects ongoing market volatility amid macroeconomic uncertainty.

TREE NEWS reports: US stocks were mixed in trading, with the Nasdaq rising 0.87%. The Dow and S&P 500 showed varied performance. This reflects ongoing market volatility.

TREE NEWS reports: In the past 24 hours, the crypto market witnessed $387 million in total liquidations, with short positions accounting for $245 million and longs at $141 million. This indicates a volatile trading session with significant losses for traders.

TREE NEWS update: Charles Schwab is broadening its cryptocurrency trading offerings to include Solana (SOL), Avalanche (AVAX), and Chainlink (LINK). This move signals continued integration of digital assets into traditional financial platforms.