Flash News

TREE NEWS update: Solana’s native token SOL has surpassed the $105 mark, indicating a positive market sentiment for the cryptocurrency. The price movement reflects ongoing investor interest in the Solana ecosystem.

TREE NEWS reports: Justin Sun stated that Bitcoin will need a long time to achieve quantum-resistant consensus, while TRON plans to upgrade to a quantum-resistant network by the end of the year. This move aims to enhance security against future quantum computing threats.

TREE NEWS reports: Data shows that the total open interest of ETH contracts across the network has increased by 5.63% in the past 24 hours. This indicates growing market activity and potential volatility in Ethereum derivatives.

TREE NEWS update: Binance Alpha has initiated a trading competition for AIA tokens, offering a total reward pool of $200,000. The event aims to boost engagement and trading activity for the AIA token on the platform.

TREE NEWS update: Meme coins on the BSC chain, including NiuLai (牛来) and MarsCoin, have seen significant price surges, rising over 20% in the past two hours. The sudden movement indicates active speculation in the crypto market, though the specific drivers remain unclear.

TREE NEWS update: US authorities are investigating Singapore-based Apex Logistics for allegedly smuggling Nvidia AI chips, potentially violating export controls. The probe highlights growing scrutiny of supply chains for advanced semiconductors amid US-China tech tensions.

TREE NEWS reports: A whale that held a 20x leveraged short position on Bitcoin has exited after hitting a stop-loss, accumulating a total loss of $5.25 million over the past month. The move highlights the risks of high-leverage trading in volatile crypto markets.

TREE NEWS reports: The points season for perpetual DEXs is entering its second phase, with projects like Variational, Extended, RISEx, Lighter, Entropy, and others offering incentives before token generation events. Variational, with $60M in funding, has OTC points trading at $10-20, while Extended has limited points remaining. Entropy, deploying on Hyperliquid, offers near-zero fees via rebates, and Arcus hints at a future token for dYdX community.

TREE NEWS reports: US tech and space-related stocks saw slight gains, while Gate exchange ranked first among centralized exchanges in both open interest and trading volume for NVIDIA perpetual contracts.

TREE NEWS update: Okta shares surged 19.3% in premarket trading after the company reported better-than-expected Q2 results. The strong performance highlights the company’s robust growth in the identity management sector.

TREE NEWS update: CrowdStrike shares surged 9.6% in pre-market trading after the company raised its annual revenue outlook. The upbeat guidance suggests strong demand for its cybersecurity solutions.

TREE NEWS reports: Core Lightning has identified multiple vulnerabilities and is preparing a security update, advising operators to use offline mode if they do not install the forthcoming patch. The update is crucial to maintain node security while keeping nodes active but disconnected.

TREE NEWS reports: HP Inc. shares fell over 8% in premarket trading after reporting a decline in PC unit shipments. The drop reflects weaker demand in the personal computer market, impacting investor sentiment.

TREE NEWS reports: A new wave of ‘Boycott American Goods’ sentiment is rising in Canada, reflecting growing trade tensions. This development could have implications for cross-border commerce and potentially impact US-listed companies with significant Canadian exposure.

TREE NEWS update: Google has introduced a new ‘goto’ jump parameter in its search result links, aimed at mitigating the impact of AI crawlers. This change redirects users through an intermediate page, making it harder for automated bots to scrape search results directly. The move reflects growing tensions between content platforms and AI-driven data harvesting.

TREE NEWS update: Binance co-founder Changpeng Zhao stated that predicting the next cycle’s breakout is difficult, but he did not rule out the possibility of large AI companies issuing tokens. His comments highlight growing speculation about AI-crypto convergence.

TREE NEWS reports: Binance co-founder Changpeng Zhao (CZ) stated that Bitcoin will eventually surpass gold in value, advising countries to allocate reserves across the top five cryptocurrencies by market cap. His comments highlight growing institutional and sovereign interest in digital assets.

TREE NEWS reports: Binance co-founder Changpeng Zhao (CZ) stated that Bitcoin itself does not inherently weaken or strengthen government power; the outcome depends on how governments respond to it. His remarks come amid ongoing debates about cryptocurrency’s role in sovereign finance and regulation.

TREE NEWS reports: SK Group is selling a 49% stake in its Ulsan AI data center to institutional investors including KKR. The move aims to raise capital for AI infrastructure expansion.