Flash News

TREE NEWS update: HSBC and Standard Chartered have completed the first live transaction using Swift’s blockchain ledger, which matched and netted obligations across the banks’ separate platforms. Final settlement still ran through existing systems, marking a step toward integrating blockchain with traditional finance.

TREE NEWS reports: Maya Protocol suffered an exploit that drained $1.7 million from its shared liquidity pools, prompting a global halt. Founder Aaluxx pledged to fix and recover the funds in full, while routing service LeoDex confirmed the halt.

TREE NEWS reports: Fidelity’s clients purchased $134 million worth of Bitcoin over the past two days, according to data. This significant inflow underscores growing institutional interest in the cryptocurrency.

TREE NEWS update: The SEC has introduced proposed rules that, if formalized, could bring regulatory clarity to crypto. This development may lead to a surge in initial coin offerings (ICOs) in the United States.

TREE NEWS reports: Solana’s stablecoin ecosystem has hit a new milestone with active addresses surpassing 1.7 million, while the total stablecoin supply on the network has reached $16.3 billion. This growth indicates increasing adoption and liquidity within the Solana DeFi ecosystem.

TREE NEWS update: GnosisDAO has approved a major shift for Gnosis Chain from a standalone Layer 1 to an Ethereum-settled rollup. This strategic move will unlock approximately 350,000 GNO and end treasury-funded staking rewards, signaling a new direction for the chain.

TREE NEWS update: The American Bankers Association has voiced support for the CLARITY Act in Congress, but recommends stricter regulations on stablecoin reward programs. The association argues that such rewards could pose risks to consumers and the banking system, urging lawmakers to tighten those provisions.

TREE NEWS reports: A trader suffered another forced liquidation of 230.4 BTC, bringing total losses from three liquidations to $930,000. The repeated liquidations highlight the risks of leveraged trading in volatile crypto markets.

TREE NEWS update: Grayscale has filed a fourth amendment to its Zcash Trust registration, aiming to list the trust on NYSE Arca. This move signals continued efforts to bring privacy-focused crypto assets to traditional exchanges.

TREE NEWS reports: Two major whales have opened short positions on over 50,800 ETH (worth about $98 million) on the Hyperliquid platform. This significant bearish bet highlights large traders’ sentiment on Ethereum’s near-term price.

TREE NEWS reports: A whale’s $117 million Bitcoin short position was liquidated again, leaving 1,152 BTC with an unrealized loss of $1.28 million. The liquidation underscores the risks of leveraged shorting in volatile crypto markets.

TREE NEWS update: Ethereum network-wide contract open interest rose 5.76% in the past 24 hours, indicating increased market activity and speculative interest. This data highlights growing leverage in the crypto derivatives market.

TREE NEWS reports: Render Network, a GPU marketplace compensating idle GPUs for rendering tasks, has evolved significantly. Foundation director Trevor Harries-Jones discusses how AI advancements could inadvertently drive its growth, potentially expanding its use cases beyond Hollywood and NASA visuals.

TREE NEWS reports: Nebius, an AI infrastructure company with ties to crypto, fell 6% after announcing a $4.5 billion convertible notes offering. The move is aimed at raising capital for expansion, but it dilutes existing shareholders.

TREE NEWS reports: Shanghai-based InsurTech firm Zhibao has completed a $154.7 million private placement funded entirely in Bitcoin, adding 2,380 BTC to its treasury. The move signals a strategic shift toward crypto as a reserve asset for the insurance technology sector.

TREE NEWS update: A whale has opened a 4x leveraged long position on 20,000 ETH, using $9.67 million in margin. The trade signals strong bullish sentiment in the crypto market.

TREE NEWS reports: Apate has deployed 200,000 AI-powered fake ‘victims’ to engage and waste scammers’ time, with the bots proving so effective that the company tracks a monthly KPI for how often fraudsters curse at them. The initiative aims to disrupt online fraud operations by occupying scammers with futile interactions.