Flash News

TREE NEWS reports: Term Labs has provided an update on the recent attack, stating that it has closed the Meta Vault and revoked governance permissions to mitigate further risks. The incident underscores ongoing security challenges in DeFi protocols.

TREE NEWS update: Polygon has proposed a staking and tokenomics reform aimed at doubling POL staking yields. The proposal seeks to enhance network security and participation by adjusting staking incentives and token emission dynamics.

TREE NEWS update: On Hyperliquid, whale positions currently total $7.158 billion with a long/short ratio of 0.94, indicating a slight bearish tilt among large traders. This data reflects current market sentiment on the platform.

TREE NEWS reports: Circle’s stablecoin issuance increased by $1.7 billion over the past seven days, while the Tron network saw its stablecoin supply grow by $950 million in the same period. This indicates continued expansion in the stablecoin market across major networks.

TREE NEWS update: Solana has initiated on-chain voting for three core governance proposals, allowing token holders to participate in protocol decisions. The proposals aim to enhance network performance and ecosystem development. This marks a significant step in Solana’s decentralized governance process.

TREE NEWS update: Abraxas Capital has established a $783 million short position while simultaneously purchasing spot to hedge, according to data. The move suggests a bearish outlook on the underlying asset, with the hedge aimed at mitigating risk. Details on the specific asset and strategy remain undisclosed.

TREE NEWS update: Hyperliquid’s native buyback and burn program has surpassed $1.251 billion in cumulative value, with an average purchase price of $26.808. The milestone highlights the platform’s significant token repurchase activity.

TREE NEWS reports: Weekly stablecoin inflows topped $668 million, marking the third-highest week on record, with USDC on Ethereum accounting for 97.98% of the flow. AQAv2 will use 90% of the revenue generated by these USDC to buy back and burn Hyperliquid’s native token.

TREE NEWS reports: Analysis shows crypto card spending has surpassed $1 billion, with USDC and USDT contributing over 70% of the volume. This milestone highlights the growing adoption of stablecoins in everyday payments.

TREE NEWS update: Crypto card spending surpassed $1 billion in July 2025, with stablecoins powering over 70% of transactions. USDC led with 50.8% share, followed by USDT at 20.3%, as stablecoins increasingly become a daily payment method.

TREE NEWS reports: Solana has launched a governance vote for a double deflation mechanism, proposing to increase the deflation rate to 30%. If approved, this would significantly reduce token supply and potentially boost SOL’s value.

TREE NEWS reports: A whale’s HYPE long position held for 10 months has reached $110 million in value, with unrealized profits of $57.18 million. The trade highlights significant gains in the crypto derivatives market.

TREE NEWS reports: SlowMist has disclosed the attack details on cross-chain bridge Allbridge, revealing that the attacker exploited insufficient mint verification by forging CCTP messages and utilizing flash loans. The incident highlights critical vulnerabilities in cross-chain bridge security.

TREE NEWS reports: Machi (Jeffrey Huang) has slightly reduced his ETH long position to take profits, but still holds a massive stake worth $68.77 million. The move suggests a cautious approach amid market volatility.

TREE NEWS reports: A whale who used leveraged long positions on ETH and BTC has deposited 3,000 ETH into Binance, realizing a total profit of $6.727 million. The move suggests profit-taking amid market volatility.

TREE NEWS reports: Blockchain security firm CertiK reported that Term Labs suffered a governance attack resulting in losses of approximately $8.5 million. The incident highlights ongoing vulnerabilities in decentralized governance mechanisms.

TREE NEWS update: Data shows that current funding rates across major centralized and decentralized exchanges indicate Ethereum has entered a bullish zone, while Bitcoin remains neutral. This suggests traders are increasingly positioning for an ETH rally relative to BTC.

TREE NEWS update: Hyperliquid’s weekly revenue surged nearly 196% to $16.93 million, according to data. This marks a significant growth in the platform’s earnings.

TREE NEWS update: Hyperliquid’s Builder Codes achieved nearly $1 billion in single-day nominal trading volume, setting multiple new records. This marks a significant milestone for the platform’s growth and adoption.