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Flash News

24/7 coverage of global Web3 & AI markets

Aug 19
20:40

A crypto whale has reportedly made a $6.55 million profit by accurately buying the dip in Ethereum (ETH). The address’s precise entry and exit highlight potential market timing strategies.

Crypto
20:40

Coinbase has selected Abu Dhabi as its international tokenization center, aiming to capitalize on the region’s favorable regulatory environment. The move underscores the growing convergence of traditional finance and digital assets in the Middle East.

RWACrypto
20:35

Cryptocurrency exchange OKX has prohibited its employees in Hong Kong and those transiting through China from using Claude, an AI assistant. The move is likely due to compliance with local regulations and data security concerns. The ban reflects growing scrutiny of AI tools in the crypto industry.

Crypto
20:35

Marvell Technology announced a collaboration with Google to develop custom AI chips, issuing $12.2 billion in warrants to Google as part of the deal. This move strengthens Marvell’s position in the AI hardware market, though it is not directly related to RWA tokenization.

US Stocks
20:35

Payment giant Stripe has announced an acquisition agreement with AI company OpenRouter. The financial terms of the deal were not disclosed. This move signals Stripe’s expansion into AI-related services.

CryptoUS Stocks
20:35

Winbond Electronics has decided to advance the expansion of its Kaohsiung Luzhu fab, with Module B construction now scheduled for 2027. The move is part of the company’s strategic capacity enhancement in response to market demand.

US Stocks
20:35

According to data, if Bitcoin falls below $66,174, the cumulative long liquidation intensity on major centralized exchanges could reach $1.62 billion. This highlights potential cascading liquidations in the crypto market.

Crypto
20:31

Data shows that if Ethereum falls below $2,153, cumulative long liquidation intensity on major centralized exchanges could reach $479 million. This highlights significant downside risk for leveraged long positions in the current market.

Crypto
20:31

President Trump revealed that the US government has discussed accumulating a significant amount of Bitcoin, vowing to end the ‘war on crypto’ and urging swift passage of the GENIUS Act. These remarks signal a potentially major policy shift favoring the crypto industry.

CryptoMacro
20:24

The SEC has proposed a new regulation, ‘Regulation Crypto Assets,’ providing two registration exemptions for crypto issuers: a startup exemption for up to $5M raised over four years, and a fundraising exemption for up to $75M per 12-month period, along with a safe harbor for tokens to lose security status. This move comes as the CLARITY Act stalls in Congress, marking a significant step by the SEC to provide a tailored framework for crypto asset issuance.

CryptoMacro
20:20

SEC Chair Atkins stated that his top priority is pushing Congress to pass the CLARITY Act, which aims to provide regulatory clarity for digital assets. This move could significantly impact the crypto and RWA sectors by establishing clearer guidelines.

CryptoMacro
20:18

Fed minutes show no support for rate cuts, with policy shift noted amid geopolitical tensions, keeping September rates on hold. Bitcoin surged past $69K for the first time since June, triggering over $1.3B in liquidations. Coinbase integrates Hyperliquid perpetuals on Base app with up to 50x leverage.

CryptoMacro
20:15

Open interest in Ethereum futures contracts has increased by 11.15% over the past 24 hours, indicating growing market activity and trader interest. This rise suggests increased speculative positioning in ETH derivatives.

Crypto
20:10

A large ETH long position worth $48.22 million has seen floating profits of $3.34 million, while the trader known as ‘Machi Big Brother’ has accumulated losses totaling $31.5 million. The data highlights the volatility and risk in crypto leverage trading.

Crypto
20:10

An investor in HYPE deposited 47,000 HYPE tokens into FalconX, realizing a profit of $1.24 million within two months. This highlights the volatility and potential gains in cryptocurrency markets, though it is not directly related to RWA tokenization.

Crypto
20:10

Linera has announced a public sale for its $LNRA token, positioning itself against Hyperliquid with a focus on minute-level prediction markets. The project leverages its blockchain infrastructure to enable rapid, high-frequency market operations.

Crypto
19:42

A White House memo allowing private firms to counter foreign hackers is tightly supervised, according to crypto lawyers. They argue it could benefit the crypto industry by providing clearer rules for defending against cyberattacks.

CryptoMacro
19:40

Galaxy Research’s head notes that retail buying of IBIT, BlackRock’s spot Bitcoin ETF, has reached its highest level in two years. This surge indicates growing retail interest in Bitcoin exposure through regulated ETFs, despite market volatility.

CryptoUS Stocks
19:40

FalconX, a crypto prime brokerage, moved 198,750 HYPE tokens (worth about $14 million) to exchange Gate. The transfer likely signals over-the-counter (OTC) trading or liquidity provision, but no further details were disclosed.

Crypto
19:27

Bitwise’s Chief Investment Officer stated that Bitcoin is close to its bottom and expressed optimism for the market in the latter half of the year. This suggests a potential recovery phase for the leading cryptocurrency.

Crypto
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