Flash News

TREE NEWS reports: Primus has secured an investment from YZi Labs and launched its Confidential Vault product on BNB Chain. The move aims to enhance privacy and security for on-chain data management, marking a step forward in the integration of confidential computing with blockchain.

TREE NEWS update: Balancer has alerted users of its deprecated V1 pools to withdraw liquidity, noting that these pools are non-pausable. The warning follows a ~$234,000 drain attributed by SlowMist to a fixed-point rounding flaw.

TREE NEWS reports: CME Group launched a new 10-asset crypto index that excludes Bitcoin and Ether, focusing on emerging alternatives. The free-float market-cap weighted index offers real-time pricing and settlement variants across London, New York, and Asia-Pacific time zones.

TREE NEWS update: The BSC-based meme coin ‘Bull Comes’ (牛来), inspired by an abstract film, surged to a $142M market cap after its Binance Futures listing, rewarding several traders with massive gains. One trader turned $100 into over $1M, another profited 105x on a $10.7K investment, and a whale bought $1.5M just before the listing, earning over 30%.

TREE NEWS update: C1 Fund has expanded its portfolio to 11 crypto companies, adding Polymarket, and repurchased approximately $824,000 worth of its own shares. The move signals continued confidence in the crypto sector.

TREE NEWS update: Cronos validators rolled back the chain to before the Tectonic exploit, discarding nearly 11,000 blocks and erasing the attacker’s balances. However, $6.29 million already bridged to Ethereum remains beyond the rollback’s reach.

TREE NEWS update: A conversation with artist Rupture ahead of his New York solo exhibition, September 2–8, exploring themes of decay and the collector’s dilemma. Presented by BMAG, the event bridges art and cryptocurrency culture.

TREE NEWS reports: A whale appears to have taken profits on HYPE, depositing 88,216 tokens to Coinbase, with an estimated profit of $1.538 million. The move suggests a potential sell-off, adding to market speculation.

TREE NEWS update: Axis has unveiled Axis Prime, a new institutional-grade liquidity service designed to cater to large-scale traders and funds. The service aims to provide enhanced liquidity and execution capabilities, marking Axis’s expansion into the institutional market.

TREE NEWS update: An institutional entity transferred 52,739 ETH, worth about $129 million, to a centralized exchange over the past two days. This large deposit could signal potential selling pressure or strategic repositioning by the institution.

TREE NEWS reports: Dragoneer Investment Group has raised $1 billion to invest in high-profile private assets such as OpenAI and SpaceX. The fund targets late-stage tech and AI companies, reflecting strong investor appetite for marquee growth names.

TREE NEWS update: South Korea will provide every citizen with free AI access, backed by unlimited tokens, through three consortia sharing up to 512 Nvidia B200 chips. Beta testing is slated for September. The initiative aims to democratize AI usage nationwide.

TREE NEWS reports: FOMO has acquired the technology and intellectual property of Mobula, an on-chain data company, according to ChainCatcher. The acquisition aims to strengthen FOMO’s data capabilities in the crypto space. Financial terms were not disclosed.

TREE NEWS update: Kuaishou announced that its Beijing Keling unit has entered into a cooperation agreement with the National Artificial Intelligence Fund and Zhengda Robotics. The partnership aims to advance AI and robotics initiatives, though specific terms were not disclosed.

TREE NEWS update: Cronos chain has resumed block production after a state rollback to before the Tectonic vulnerability exploit. The network was halted to mitigate the impact of the attack.

TREE NEWS reports: OpenAI’s advertising business has reached an annualized revenue run rate of $1 billion, signaling strong growth in its commercial operations. The milestone highlights the company’s expanding monetization beyond its core AI offerings.

TREE NEWS reports: A Bitcoin wallet dormant for 12 years transferred over a million dollars before being destroyed, leaving the crypto community puzzled. The sudden activation and subsequent burn of the wallet has sparked speculation about the owner’s identity and motives.

TREE NEWS update: Ireland has introduced a new tax-advantaged investment account that explicitly excludes cryptocurrencies from eligible assets. The move signals continued regulatory caution towards digital assets in the country’s retail investment landscape.

TREE NEWS update: A large whale has sold 102,900 ETH and deposited 2,858 ETH into an exchange, signaling potential market movement. This activity may impact ETH prices and market sentiment.