Flash News

TREE NEWS reports: Solana network fees have reached an all-time high, indicating strong network activity. In parallel, the SGP-0002 proposal to reduce inflation has been approved, marking a significant governance decision for the network.

TREE NEWS update: Prediction market Kalshi has permanently banned former Congressman George Santos after finding he placed large trades on his own State of the Union attendance and made false statements to move prices, profiting nearly $18,000. The exchange’s action highlights its enforcement against market manipulation.

TREE NEWS reports: Zano has activated its sixth hard fork, enabling native ZANO tokens to be bridged without custody to Ethereum, Solana, and TON. This upgrade enhances cross-chain interoperability for the privacy-focused blockchain.

TREE NEWS reports: Bitcoin’s price has become less sensitive to geopolitical events, as evidenced by its stability despite Trump’s threats against Iran. This marks a shift from previous behavior where such news would cause significant volatility.

TREE NEWS reports: Privacy blockchain Zano activated its sixth hard fork (HF6) at block height 3,833,000 on August 31, marking the largest upgrade in its seven-year history. HF6 introduces Gateway Addresses for direct tracking and instant synchronization, and enables native ZANO to be trustlessly bridged to Ethereum, Solana, and TON, with privacy restored when bridged back. The upgrade also tightens consensus validation and enhances wallet encryption, pool fault tolerance, and anti-DoS measures, serving as a precursor to the EVM-compatible Zano Execution Layer.

TREE NEWS reports: XRP spot ETFs have recorded net inflows for nine consecutive days, accumulating a total of $1.6 billion. This sustained capital inflow highlights growing institutional interest in XRP-linked investment products.

TREE NEWS reports: Spot XRP ETFs have recorded nine consecutive days of inflows, bringing cumulative net inflows to $1.6 billion since their launch, despite a recent cooldown in XRP’s price. The sustained interest highlights growing institutional demand for crypto-backed exchange-traded products.

TREE NEWS update: As of August 31, CME FedWatch shows a 66% probability that the Fed will raise rates by 25 basis points in September, bringing the target range to 3.75%-4.00%. Fed Chair Kevin Warsh emphasized controlling inflation, with PCE at 3.7% year-over-year. Barclays expects two more hikes this year, totaling 50 basis points.

TREE NEWS update: Sberbank’s deputy chairman revealed that crypto trading volumes could reach 4 trillion rubles ($46B) in the first year, pending regulatory approval. The bank also plans to expand crypto-backed lending, including Ethereum and USDT-backed loans, once regulators sign off.

TREE NEWS reports: OpenSea has announced the resumption of Solana NFT trading, marking a return after a four-year gap. The move expands the platform’s multi-chain support and could reinvigorate Solana’s NFT ecosystem.

TREE NEWS update: The U.S. Securities and Exchange Commission (SEC) and the Food and Drug Administration (FDA) announced today that they have entered into a Memorandum of Understanding (MOU) to enhance cooperation and ensure market integrity. The agreement aims to assist both agencies in carrying out their respective missions. Further details were not immediately disclosed.

TREE NEWS update: Bitcoin surged past the $79,000 mark, reaching a new all-time high. The rally is driven by strong market momentum and increased institutional interest. This milestone reflects growing confidence in the cryptocurrency market.

TREE NEWS update: Bitcoin surpassed 79,000 USDT on OKX, currently trading at 79,003 USDT, with a 24-hour gain of 0.18%. The move reflects continued bullish momentum in the crypto market, though the increase is modest.

TREE NEWS reports: A whale who bought 488,600 HYPE tokens from FalconX five months ago for ~$17.18M has seen the position grow to ~$41.09M, an unrealized profit of ~$23.91M (139% return). The whale has now staked all HYPE tokens on Hyperliquid, according to Onchain Lens.

TREE NEWS update: Hyperliquid is negotiating with the parent company of Kraken to potentially offer perpetual futures contracts to US users. This move could expand Hyperliquid’s reach into the American market, pending regulatory considerations.

TREE NEWS reports: Hyperliquid is reportedly in discussions with Payward, Kraken’s parent company, to offer its perpetual futures to US traders via the regulated Bitnomial exchange. This would mark Hyperliquid’s first US expansion, following President Trump’s recent remarks about bringing the platform onshore.

TREE NEWS reports: Coinbase and Webull are expanding their crypto trading and custody services to Canada, marking a significant step in their international growth. This move brings regulated digital asset services to Canadian users, potentially increasing adoption in the region.

TREE NEWS reports: Ontology has temporarily halted block production on its mainnet due to a potential security concern, with the last block created at 4:24 a.m. ET. This pause prevents transactions and Ontology-side bridge transfers from settling while validators review the network.