TREE NEWS reports: Chainalysis has identified over 29,000 cryptocurrency addresses linked to child sexual abuse material (CSAM) networks across 125 countries through its ‘Operation Lighthouse’ initiative. The investigation highlights the use of crypto in illicit activities and the firm’s role in aiding law enforcement. This underscores ongoing efforts to combat financial crimes in the digital asset space.
TREE NEWS reports: GMGN data shows that among smart money tracked addresses, nosis recorded the highest net inflow over the past 24 hours. This indicates notable accumulation by savvy investors in the crypto market.
TREE NEWS update: Samsung Electronics and SK Hynix plan to increase supply of 8-layer HBM4 memory to Nvidia in the second half of the year. This move aims to meet growing demand for high-bandwidth memory in AI applications.
TREE NEWS reports: Market maker Wintermute has cut its short position on Hyperliquid by $131 million, reducing its exposure. The firm still holds a short position of $80.48 million, indicating ongoing bearish sentiment.
TREE NEWS update: Data shows Binance experienced a net outflow of $226 million USDT over the past 24 hours. This may indicate large withdrawals or market movements.
TREE NEWS update: Tom Lee, chairman of BitMine Immersion Technologies, said the company’s accumulation of nearly 5% of ETH supply is not the end, with a price target above $10,000 in 1-2 years driven by tokenization and AI demand. BitMine has bought ETH weekly for over 60 weeks, funded via equity and staking rewards, and plans to continue if institutions adopt ETH as a long-term asset.
TREE NEWS reports: The retrial of Tornado Cash developer Roman Storm has been postponed to April 2027. This delay extends the legal uncertainty for the crypto privacy tool, with implications for developers and the broader DeFi ecosystem.
TREE NEWS update: The USDC Treasury has newly minted 500 million USDC on the Solana blockchain over the past six hours, according to data. This significant issuance increases the circulating supply of the stablecoin on the network.
TREE NEWS reports: SoftBank Group plans to issue $10-20 billion in bonds, potentially its largest yen-denominated bond sale, to refinance debt and fund investments. The move comes amid a favorable rate environment and strong investor demand for high-grade corporate debt.
TREE NEWS update: Linera has opened pre-registration for its LNRA token sale and published its tokenomics model. The project aims to support scalable blockchain applications with its microchain-based architecture.
TREE NEWS reports: Bitwise’s CEO announced that the firm’s assets under management are approaching $1 billion. The Bitwise Solana Staking ETF attracted $45 million in inflows during the first two days of this week.
TREE NEWS reports: Ethereum spot ETFs recorded a total net inflow of $180 million yesterday, marking a seventh consecutive day of net inflows. This sustained positive flow signals growing institutional interest in Ethereum-based investment products.
TREE NEWS update: Circle has received final OCC approval to establish a National Trust Bank, becoming one of the first stablecoin issuers to enter the US federal banking system. This move, driven by the GENIUS Act’s regulatory framework, signals a shift from restrictive to integrative regulation of Web3 infrastructure, with implications for stablecoin issuance and payment infrastructure. The charter allows Circle to operate under federal oversight, potentially reducing state-level compliance costs and enabling future access to Federal Reserve payment systems.
TREE NEWS reports: Gate.io’s Aligned (ALIGN) Launchpool is ongoing, with the USDT pool currently holding over 93.68 million tokens staked. The campaign allows users to stake USDT to farm ALIGN tokens.
TREE NEWS reports: A coalition of US banking groups has announced plans to launch a nationwide blockchain network by 2027, aiming to build shared infrastructure for tokenized deposits and onchain payments. The initiative, named BankChain, joins a growing trend of bank-led networks exploring blockchain-based financial services.
TREE NEWS reports: Strive CEO Matt Cole argues that the US fiscal trajectory is unsustainable and that the Treasury’s attempts to cap long-term yields will fail, leading to a dollar decline and a surge in bitcoin. He highlights the 5.25%-5.85% range for the 10-year yield as a critical resistance zone, predicting eventual massive intervention and a weaker dollar, which would be unprecedented for bitcoin.
TREE NEWS reports: Hong Kong stocks rose at midday with the Hang Seng Index gaining 0.68%, led by a rebound in tech and internet stocks. The market showed resilience amid broader regional gains.
TREE NEWS update: Chinese AI companies, including MiniMax, are facing unprecedented short selling, with short interest reaching 20% of circulating shares. This reflects bearish sentiment amid market volatility and regulatory uncertainties in the tech sector.
TREE NEWS update: Meme coin Jimothy’s market cap briefly exceeded $20 million, up 23.4% in 24 hours. The rapid rise highlights continued speculative interest in meme tokens.
TREE NEWS update: US AI-related stocks continued to decline, with Nvidia falling 3% for a seventh straight session, while Alibaba’s HK$80 billion share placement to fund AI infrastructure triggered a 10% drop in its Hong Kong shares. The market is shifting from AI narrative-driven valuations to demanding cash flows and returns, and all eyes are on Fed Chair Warsh’s speech at Jackson Hole on Friday for policy direction.
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