Flash News

TREE NEWS reports: Arthur Hayes announced that the FLOP tokenomics infographic will be released this week. The announcement hints at upcoming details for the token’s economic model, likely sparking interest among crypto traders.

TREE NEWS update: Data shows the whale entity Garrett Jin holds a $147 million long position in Bitcoin, with floating profits of $2.78 million. Meanwhile, his short position in Zcash has incurred a loss of $10.74 million.

TREE NEWS reports: Binance has brought in two senior compliance executives from Crypto.com to bolster its regulatory and compliance efforts. The move signals Binance’s continued focus on strengthening its global compliance posture amid ongoing regulatory scrutiny.

TREE NEWS update: OpenAI has completed pre-training of a model codenamed ‘Bel’, which may serve as the foundation for GPT-6 and the Astra project. This marks a significant step in their AI development roadmap.

TREE NEWS reports: Data shows that if Bitcoin breaks above $82,476, cumulative short liquidation intensity on major centralized exchanges could reach $2.543 billion. This highlights a key price level that could trigger a cascade of short squeezes.

TREE NEWS update: South Korea’s DRAM export prices soared 401% year-on-year in August, reflecting a severe global memory chip shortage. SK Hynix has warned that next year could be the most supply-constrained year for memory, driven by AI demand.

TREE NEWS reports: Chinese memory chip makers CXMT and YMTC are using Apple’s quality validation to expand sales to North American cloud service providers, signaling a strategic push into Western markets. This move could reshape the memory chip supply chain amid ongoing US-China tech tensions.

TREE NEWS update: Lighter, a blockchain project, has reduced its average block proof time from 5.3 minutes to approximately 1 minute, marking a significant improvement in network efficiency. This enhancement could boost transaction throughput and user experience.

TREE NEWS reports: The Robinhood meme coin MARTIANS has seen its market cap exceed $6 million, surging over 320% intraday. This reflects speculative interest in meme coins on the platform.

TREE NEWS update: The Ethereum Foundation announced that the upcoming Glamsterdam upgrade will include gas fee adjustments, potentially requiring some contracts to adapt. Developers should prepare for these changes to ensure compatibility.

TREE NEWS update: Bloomberg analysts note that gold and Bitcoin ETFs have re-entered the top 10 asset inflows, suggesting investors are increasingly seeking protection against currency debasement. This trend highlights growing interest in alternative assets as hedges against inflationary pressures.

TREE NEWS reports: Bitcoin’s price has dropped below the $78,000 mark, signaling continued volatility in the crypto market. This decline reflects broader market sentiment and may impact investor confidence in digital assets.

TREE NEWS update: Cosmos Labs has advised EVM chains to halt operations after a shared vulnerability drained funds from three networks, including KiiChain, which lost 148 million tokens. The patch was shipped six days prior without a security advisory, and two of the three underlying defects remain unfixed upstream.

TREE NEWS reports: Elon Musk’s SpaceX announced a 10-year project in Vermilion Parish, Louisiana, to build a $100 billion spaceport with five launch complexes for Starship missions. The ambitious plan aims to support the company’s deep-space exploration goals.

TREE NEWS update: Institutional analysts predict the Bank of Japan will hasten monetary tightening, while recent joint FX intervention has had limited effect. This could influence global markets and crypto sentiment.

TREE NEWS update: Barclays has warned that the rapid expansion of AI infrastructure could expose related trades to political risks, potentially impacting market sentiment. The warning highlights growing concerns over regulatory and geopolitical factors affecting AI investments.

TREE NEWS update: XRP’s recent hot streak has cooled as the cryptocurrency gave back two days of gains after a vertical recovery. Chart analysis suggests the bounce has encountered a wall, leaving traders uncertain about the next direction.

TREE NEWS reports: Crypto infrastructure firm Zerohash has submitted a second application for a trust bank charter with the U.S. Office of the Comptroller of the Currency (OCC). This move underscores the growing trend of crypto firms seeking traditional banking status to offer regulated custody and trust services.