Flash News

TREE NEWS update: A couple in Alès, France, was the victim of an armed home invasion where robbers sought to obtain cryptocurrency assets. The incident highlights the growing physical security risks associated with holding digital assets.

TREE NEWS reports: In August, prediction markets Kalshi and Polymarket saw trading volume fall 14.5% month-over-month, marking the first decline in a year. The drop may signal cooling interest after a period of rapid growth.

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: The current Crypto Fear & Greed Index stands at 62, indicating a state of greed in the market. This suggests investor sentiment is positive, but caution may be warranted as markets could be overextended.

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: Combined trading volume on prediction markets Kalshi and Polymarket fell 15% in August, marking the first monthly decline in a year. Kalshi recorded $37.17 billion in volume, while Polymarket and its US platform saw a combined $8.16 billion.

TREE NEWS update: Core DAO will perform an emergency hard fork after validators drew excess rewards, but assures the upgrade will not roll back the network or reverse confirmed transactions. The incident is contained, and the forward upgrade aims to rectify the issue without disrupting the chain’s history.

TREE NEWS update: Metal, a crypto startup, has completed a $4.5 million seed funding round led by a16z and Y Combinator. The investment will support the development of its platform.

TREE NEWS reports: Ethereum spot ETFs recorded net inflows of $10.95 million yesterday, marking the 12th consecutive day of positive flows. This sustained momentum underscores growing institutional interest in ETH-based investment vehicles.

TREE NEWS update: Bitcoin spot ETFs recorded a total net outflow of $236 million yesterday, with BlackRock’s IBIT leading the exodus at $201 million. This marks a significant capital withdrawal from the largest Bitcoin ETF, signaling potential bearish sentiment among institutional investors.

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 update: The Fogo mainnet has been restarted after a security incident, with 237 million stolen tokens permanently removed from circulation. The move aims to restore network integrity and prevent further exploitation.

TREE NEWS reports: Circle and OKX have announced a partnership to expand USDC liquidity and trading utility. The collaboration aims to enhance the stablecoin’s accessibility and use across OKX’s platform.

TREE NEWS update: A whale reportedly sold 95 Bitcoin (worth approximately $7.32 million) through an over-the-counter (OTC) transaction. The move suggests large-scale distribution by a major holder.

TREE NEWS update: BitcoinIRA has introduced Freedom Accounts, a new taxable cryptocurrency account option for investors. The offering aims to provide more flexibility beyond traditional retirement accounts, allowing users to trade digital assets without the restrictions of tax-advantaged IRAs.

TREE NEWS update: Hyperliquid Strategies has expanded its equity facility to $2.5 billion from $1 billion. As of June 30, the firm has sold approximately $647 million worth of shares.

TREE NEWS reports: S&P Dow Jones Indices has partnered with Kaiko to launch the S&P Kaiko Digital Asset Index, offering institutional-grade benchmarks for digital assets. The index aims to provide transparent and reliable pricing data for the crypto market, bridging traditional finance and digital assets.

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.