TREE NEWS reports: Binance co-founder Changpeng Zhao (CZ) urged the tokenization of all assets, calling it one of the best ways to attract foreign capital. He emphasized the transformative potential of real-world asset (RWA) tokenization in bridging traditional finance and blockchain.
TREE NEWS update: XCAD Network, a platform for creator tokenization, announced it is ceasing operations. The team will consider open-sourcing the project’s code before the shutdown is complete.
TREE NEWS reports: Grayscale Research suggests that Zcash’s privacy features could become crucial in the AI era, potentially boosting its value ninefold if its market share rises to 5%. The report highlights the growing demand for privacy in AI-driven transactions.
TREE NEWS reports: A study reveals that over 150 Polymarket wallets allegedly used classified US military intelligence to trade, amassing about $8 million in profits. The findings raise concerns about market manipulation and the integrity of prediction markets.
TREE NEWS update: Glassnode reports that high-conviction buyers have been steadily accumulating Bitcoin since January this year, with their held supply share now exceeding that of the previous market cycle. This trend indicates strong long-term holder confidence despite market fluctuations.
TREE NEWS reports: SK Hynix plans to invest tens of trillions of Korean won to build a semiconductor factory in Miyagi Prefecture, Japan. The move is part of the company’s global expansion strategy to meet growing demand for advanced chips.
TREE NEWS update: Over the past 24 hours, total liquidations across crypto exchanges exceeded $800 million, with Bitcoin accounting for $461 million. This indicates a sharp market correction or high volatility, impacting leveraged traders significantly.
TREE NEWS reports: Samsung Electronics is reportedly preparing to announce a shareholder return program that could reach $79 billion. The plan, which may be unveiled soon, is part of the company’s efforts to enhance shareholder value amid market challenges.
TREE NEWS update: Kraken’s parent company, Payward, is exploring becoming a full-service bank outside the United States, according to a report. This move could expand its crypto and traditional financial services internationally. The initiative underscores the growing convergence of crypto and traditional finance.
TREE NEWS reports: CME Group CEO Terry Duffy and CFTC Chairman Rostin Behnam engaged in a heated debate with Kalshi executives over the regulation of prediction markets. The discussion centered on jurisdictional boundaries and the future of event contracts in the U.S., highlighting growing tensions between traditional exchanges and emerging prediction platforms.
TREE NEWS reports: An Iranian official has threatened to attack oil export facilities as a strategic move to undermine former President Trump ahead of the US midterm elections. This geopolitical escalation could disrupt global oil supplies and heighten market volatility.
TREE NEWS update: The US Department of Justice has charged Iranian hackers for breaching HBO’s website and stealing academic data. The indictment highlights ongoing cyber threats from state-sponsored actors targeting media and educational institutions.
TREE NEWS reports: Optimism Collective has decided to redirect $49.7 million worth of OP tokens from its airdrop reserve to its governance fund, following a late vote by Test in Prod that secured approval. The move aims to support the protocol’s long-term sustainability and governance initiatives.
TREE NEWS update: Arbitrum has activated Elara, a feature allowing chain owners to implement optional compliance filters on dedicated chains, with screening controlled by chain owners rather than ArbitrumDAO. Priority fees remain disabled on Arbitrum One pending a future vote.
TREE NEWS reports: CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara exchanged sharp words during a CFTC meeting, debating prediction market integrity, manipulation risks, and regulatory standards. The clash highlights ongoing tensions between traditional exchanges and newer platforms in the evolving prediction market landscape.
TREE NEWS update: Sources indicate that Citigroup is set to be one of the core underwriters for Anthropic’s initial public offering. This move highlights the growing involvement of traditional financial institutions in AI companies’ market debuts.
TREE NEWS update: Macro expert Lyn Alden suggests Bitcoin may attract new buyers as fast money is washed out, though the asset isn’t out of the woods yet. The analysis comes amid ongoing market volatility.
TREE NEWS reports: Bitcoin’s price has broken above its 200-day moving average for the first time in nine months, signaling renewed bullish momentum. The rally gained steam after the US Treasury expanded its bond buyback program.
TREE NEWS update: CFTC Chairman Michael Selig announced at an Innovation Advisory Committee meeting that he has directed staff to explore crypto-related policies, including developer protections, signaling the agency’s readiness to act on digital asset regulation if the CLARITY Act does not pass. This move underscores proactive regulatory engagement in the crypto space.
TREE NEWS update: The Coldcard incident illustrates the critical difference between open source and source-available licenses in Bitcoin software. Restrictive licenses like MIT plus Commons Clause reduce the reviewer pool and shift security burden to vendors, undermining the trust model of FOSS.
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