TREE NEWS update: Uber has partnered with Baidu to deploy Apollo Go autonomous vehicles in Dubai, marking a significant step in the international expansion of driverless ride-hailing. The service will be integrated into Uber’s platform, offering users in Dubai access to self-driving cars.
TREE NEWS update: SK Hynix unveiled a record 40 trillion won (~$29B) share buyback and cancellation, earlier than expected, signaling strong cash flow. JPMorgan and Goldman Sachs upgraded outlooks, predicting up to $130B in additional shareholder returns by 2027, which could support the stock after a 49% drop.
TREE NEWS reports: HyperliquidNews reports that tradexyz has reached $500 billion in trading volume in under 9 days, adding $25 billion in just 9 days after taking 107 days for its first $25 billion. This marks a significant acceleration in trading activity.
TREE NEWS update: Japan’s Nikkei 225 rose 1.36% to 66,216.79, while South Korea’s KOSPI jumped 5.89% to 6,852.58, led by tech giants Samsung Electronics (+9%) and SK Hynix (+13%). The gains reflect strong market sentiment in the region.
TREE NEWS update: According to RootData, Bitget’s stock perpetual contracts have surged over 24% in the past 24 hours. This significant price movement highlights increased trading activity in crypto-linked stock derivatives.
TREE NEWS reports: Ionic Digital reported its first post-listing quarterly results, with Q2 revenue up 31% YoY to $48.6M, of which AI infrastructure leasing contributed $43.8M (90%). Bitcoin mining revenue fell to $4.8M, and the company held 2,882 BTC worth $168.7M and $415.7M in cash at quarter end.
TREE NEWS reports: Centralized exchanges are aggressively expanding into stock trading, with products ranging from real stock brokerage to tokenized stocks and perpetual futures. Monthly volume of stock perps on top platforms surged nearly 40x from July 2025 to May 2026, reaching $34 billion, signaling a major TradFi-RWA convergence.
TREE NEWS reports: Blueprint Finance has completed a strategic financing round, with Polychain Capital leading the investment. The specific amount was not disclosed. This funding will support the project’s continued development.
TREE NEWS update: SK Hynix and its union reached a tentative agreement for 2026, proposing that 60% of the performance bonus be paid in company stock (40% sellable immediately, 20% deferred), with the rest in cash. The deal also includes a 6.3% wage increase and enhanced welfare points, pending a union vote.
TREE NEWS update: The latest 13F filings show that while AI remains a consensus, institutional investors are becoming more selective, with Berkshire adding Alphabet, Tiger Global reducing big tech, and Third Point and Duquesne rotating within semis. The key signal is that AI is not fading, but the ‘group trade’ is loosening as funds focus on risk-reward.
TREE NEWS update: Bitget’s stock contract trading volume reached $3.009 billion in 24 hours, up 24.62%, according to RootData. The platform supports 293 stock contract instruments.
TREE NEWS update: MSX Pre-IPO phase 2 has opened for redemption, with Polymarket subscription yielding 33.3%. This move highlights the growing intersection of prediction markets and pre-IPO investments.
TREE NEWS reports: RootData, a crypto data platform, has announced a strategic partnership with Tiger Research, a research firm focused on Asian markets. The collaboration aims to enhance data services and research coverage for the crypto industry in Asia. This move is expected to improve market insights and data accessibility for investors.
TREE NEWS update: Gate and SK Hynix (SKHYNIX) have become the top two holders on Binance, with a 24-hour surge of over 11%. This highlights growing institutional interest in the exchange’s assets.
TREE NEWS reports: Binance has announced the delisting of ICX, SCRT, and STORJ, citing failure to meet listing standards. The move will take effect on a specified date, and users should withdraw or trade these assets before the deadline to avoid losses.
TREE NEWS reports: President Trump urged Congress to pass a ‘fair version’ of the Clarity Act to establish a clearer digital asset regulatory framework during a White House meeting with crypto and financial executives. Market data shows the probability of the bill passing this year has increased from 18% to 22%, though sentiment remains cautious.
TREE NEWS update: Binance announced it will delist all spot trading pairs for ICON (ICX), Secret (SCRT), and Storj (STORJ) on September 3, 2026, at 03:00 UTC. Trading bots will cease simultaneously, and contracts will be auto-settled on August 26, 2026. Deposits stop September 4, 2026, and withdrawals close November 3, 2026.
TREE NEWS update: Polygon Labs CEO Marc Boiron stated that stablecoins will significantly increase spending and expenditure efficiency. Bank profits from inefficient traditional payment systems will decline, while businesses and consumers gain more purchasing power. The next payment competition winner will be those enabling millisecond transactions for enterprises.
TREE NEWS reports: HYPE surged 20% to $72 after President Trump indicated the CFTC is pursuing compliant US access for Hyperliquid. However, no formal regulatory plan has been released yet, leaving the path uncertain.
TREE NEWS reports: Unitree Technology (A-share) fell over 17% intraday to 705 yuan, with turnover reaching 6.753 billion yuan. Its contract on trade.xyz saw 24-hour volume exceed $100 million, while open interest declined to $30.07 million. The largest single liquidation in 24h was $446k, a long position.
Daily briefs, flash news and in-depth research from the TREE NEWS desk — free, straight to your inbox.