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Flash News

24/7 coverage of global Web3 & AI markets

Aug 18
10:05

Arthur Hayes announced his comeback to lead Flop Labs, a new venture focused on AI agents, with the launch of the FLOP token. The project aims to integrate AI with crypto, marking Hayes’ return to active involvement in the crypto space.

Crypto
10:03

A Bitcoin address that received 8.54 BTC in June 2011, when the coin traded around $14, has suddenly moved approximately $538,000 in a single transaction after remaining dormant for 15 years. The sudden activation of this long-dormant wallet has sparked interest in the crypto community.

Crypto
09:50

Cash App has integrated MoonPay to broaden its cryptocurrency offerings, allowing users to access a wider range of digital assets directly within the app. This partnership enhances Cash App’s crypto capabilities, making it easier for users to buy and sell various cryptocurrencies.

Crypto
09:41

Toyota Finance has launched a 1 billion yen tokenized bond available to retail investors through its mobile payment app, eliminating the need for a securities account. Investors can also receive perks via the app, marking a significant step in RWA tokenization by a major automotive firm.

RWACrypto
09:35

BlackRock has reiterated its long-term bullish outlook on Bitcoin following the recent halving event, despite market volatility. The asset manager remains confident in the cryptocurrency’s future as institutional adoption continues to grow.

Crypto
09:35

Cypherpunk Mining has acquired assets from the Winklevoss twins, making it the largest Zcash mining company. This strategic move consolidates its position in the crypto mining industry.

Crypto
09:20

Binance’s security team successfully prevented a potential governance attack that could have resulted in a loss of $1.2 million. The attack was detected and neutralized, safeguarding user funds.

Crypto
09:15

A suspected insider address has transferred 9.1 million LAB tokens, valued at approximately $720,000, to 10 new addresses. The move may indicate an impending distribution or sale, raising concerns of insider activity.

Crypto
09:00

MoonPay now allows eligible US customers to fund crypto purchases using Cash App balances. This expansion moves the payments firm beyond its core onramp business, offering more payment options to users.

Crypto
09:00

Bitwise CIO Matt Hougan argues that holding zero crypto is an active bearish position, given the neutral weight is about 2% of global stocks. He notes Wall Street is all-in despite crypto’s 50% decline, citing BlackRock’s tokenized funds and Morgan Stanley’s Solana ETF approval. Hougan recommends a 5% allocation as a ‘free lunch’ and sees BTC’s resilience to bad news as a bullish sign.

RWACrypto
08:59

Following PURR’s inclusion in the Russell 3000 and Russell 2000 indices, major hedge funds and family offices like Duquesne and Renaissance Technologies have disclosed significant holdings in the Hyperliquid treasury company, indirectly increasing their exposure to HYPE tokens. This marks a growing trend of traditional financial institutions entering the Hyperliquid ecosystem.

CryptoUS Stocks
08:55

Yu Shu (Yu Shu) reports that Unitree will be listed tomorrow, with Hyperliquid’s pre-market contract price implying a market cap of 276.4 billion RMB. This marks a significant event in the crypto and robotics sectors.

CryptoUS Stocks
08:45

Bitcoin Magazine reports on the Schizocollage Movement, led by Evil Biscuit, arriving in Hong Kong, drawing parallels to the Gutai avant-garde collective. The piece explores the intersection of art and crypto culture.

Crypto
08:44

Solana-based meme coin 67COIN saw its market cap briefly exceed $3 million, surging over 99 times in a day. The token’s explosive rally highlights the speculative nature of meme coins on Solana.

Crypto
08:44

Data shows Binance recorded a net inflow of 246 million USDT in the past 24 hours, indicating significant capital movement into the exchange. This could signal increased trading activity or investor positioning.

Crypto
08:39

Metaplanet plans to invest 2,100 BTC to acquire Super League, aiming to build Superplanet, a US-based Bitcoin treasury platform. The move underscores the growing trend of Bitcoin as a corporate treasury asset and expands Metaplanet’s footprint in the US market.

CryptoUS Stocks
08:37

PUMP token has printed its first golden cross, with revenue reaching a seven-month high, signaling a potential bullish trend. Meanwhile, Ethereum researchers are focusing on privacy, Robinhood is introducing agentic trading, and Ansem is launching his own platform.

Crypto
08:35

Visa is searching for a new stablecoin settlement partner to replace BVNK, which has been acquired by Mastercard. The move underscores Visa’s continued push into stablecoin-based payment infrastructure.

RWACrypto
08:30

Jiaxing’s city investment group launched a Token operations center, integrating computing power and AI models for resale, marking local SOEs’ entry into the AI token market. This move, following telecom operators and cloud providers, signals the commoditization of AI tokens, with profits expected to thin as infrastructure becomes utility-like.

CryptoMacro
08:28

Standard Bank is in talks to acquire a stake in African fintech OPay, betting on its prospects for a US IPO. The deal would mark a significant investment in the region’s digital payments sector.

Crypto
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