Flash News

TREE NEWS update: Laser Digital, Nomura’s digital assets arm, will act as risk governor for lending markets built with Keyring Network, with the first markets readied for Euler Finance. The companies did not disclose committed capital, fee terms, or a launch date.

TREE NEWS update: Full Sail, a DeFi protocol on Sui, is shutting down after an attacker drained about $91,000 from three vaults in a security incident linked to oracle provider Switchboard. The protocol decided to cease operations following the exploit.

TREE NEWS reports: As Robinhood Chain’s meme coin ecosystem heats up, liquidity providers are earning outsized returns by pairing stock tokens with meme coins. KOL @0xanonnnn reports daily APY exceeding 100,000% on Uniswap V4 high-fee pools. Beyond Uniswap’s dominance, new AMMs like up., Fables, Ramses, Delta, and Ekubo are emerging, offering early incentives such as token airdrops. up. distributes 100% of protocol revenue to token holders, while Fables plans a TGE in October.

TREE NEWS reports: AEGIS X (XDAO) has officially launched its mainnet, with a global genesis phase reaching a total build scale of $31,656,800. This marks a significant step for the project’s decentralized autonomous organization infrastructure.

TREE NEWS update: Félix, a WhatsApp-based remittance service, has raised $200 million in a funding round led by Andreessen Horowitz (a16z). The company settles most transfers in USDC without customers touching crypto and plans to expand into lending and savings on the same stablecoin infrastructure.

TREE NEWS update: Tron’s USDT supply increased by $4 billion over the past month to reach $94.27 billion, overtaking Ethereum’s USDT supply. This shift highlights Tron’s growing dominance in stablecoin transfers.

TREE NEWS reports: Data suggests that if Ethereum (ETH) surpasses $2,486, cumulative short liquidation intensity on major centralized exchanges could reach $1.329 billion. This indicates a potential for significant short squeezes and increased volatility in the crypto market.

TREE NEWS reports: fomo’s daily active traders surged from under 10,000 in early June to over 100,000 by late August, a tenfold increase, as Robinhood Chain trading gained momentum. On August 31, Robinhood Chain accounted for about 75% of fomo’s daily volume, with Solana at 20%. The platform also reported over 1.9 million total users and predicted August trading volume above $2.8 billion.

TREE NEWS reports: Robinhood Chain’s soaring gas fees and trading taxes are eroding profits for meme coin traders, with data showing ~60% of sellers losing money. The article suggests that providing liquidity in high-quality pools may offer better risk-adjusted returns than PvP trading in this high-fee environment.

TREE NEWS update: Uniswap recorded over 7 million transactions on a single day, setting a new all-time high. This milestone underscores the growing adoption of decentralized exchanges and the broader DeFi ecosystem.

TREE NEWS reports: GMGN’s smart money data shows BITCAT leading the 24-hour net inflow ranking, indicating heightened whale interest. The list reflects recent capital movements among tracked tokens, with BITCAT attracting the largest net inflow.

TREE NEWS reports: Defimon reports that YAM Finance has suffered a governance takeover attack. The attacker submitted an empty proposal in an attempt to gain control of the Timelock contract. The incident highlights ongoing risks in DeFi governance mechanisms.

TREE NEWS update: A trader opened a highly leveraged long position on 18,587 ETH, valued at $44.85 million, using 25x leverage. This significant trade highlights the ongoing speculative activity in the crypto market.

TREE NEWS reports: Core DAO will undergo an emergency hard fork to address an issue where validators claimed excessive rewards. The network upgrade aims to correct the reward distribution and restore protocol integrity.

TREE NEWS reports: THENA, a DEX on BNB Chain, has surpassed $40 billion in cumulative spot trading volume. The milestone highlights the platform’s growing adoption and liquidity within the BNB Chain ecosystem.

TREE NEWS reports: SlowMist reported a security breach in the GebProxyActions contract, where an access control vulnerability resulted in the theft of 5.9436 ETH. The incident highlights ongoing risks in DeFi smart contracts.

TREE NEWS update: ARB rose nearly 30% in a day as Robinhood Chain generated over $2M in daily on-chain revenue, with ~10% flowing back to Arbitrum. The growth, from $54K to over $1M in eight days, marks a potential milestone for L2 token value capture.

TREE NEWS reports: Arbitrum has accumulated approximately $1.3 million in revenue share from Robinhood Chain, reflecting growing adoption of its Layer 2 technology. Meanwhile, ARB token surged 46.7% over the past two weeks, highlighting positive market sentiment.