TREE NEWS reports: Prevalent AI has completed a $22 million funding round, with IGP participating. The round will support the company’s AI-driven solutions.
TREE NEWS update: Marvell Technology has issued warrants to Google, potentially deepening their strategic partnership. The move could strengthen Marvell’s position in custom chip development and AI infrastructure.
TREE NEWS update: Influential crypto trader Ansem suggests that institutional funds are shifting toward a bullish stance on the crypto market. He believes the current market environment may be conducive to forming a bottom, as macro conditions and sentiment align.
TREE NEWS reports: Antalpha, a crypto financial services firm, reported a net loss of $12.5 million for Q2, with revenue declining 28% year-over-year. The results reflect challenging market conditions in the crypto sector.
TREE NEWS update: Arthur Hayes announced that the tokenomics for FLOP will be revealed next week. The disclosure is highly anticipated by the crypto community as it will detail the distribution and utility of the FLOP token.
TREE NEWS reports: PayPal and Venmo have expanded their services to include tuition payments through a new integration, allowing students to pay for education expenses using their accounts. This move aims to streamline payment processes for educational institutions and students alike.
TREE NEWS update: Centrifuge has integrated with Symbiotic’s liquidity network, offering instant USDC liquidity for $1.6 billion in tokenized funds. This move enhances the utility of real-world asset tokens by enabling efficient on-chain liquidity solutions.
TREE NEWS reports: Coinbase Advanced now supports direct trading between the Brazilian real (BRL) and USDC, allowing users to convert fiat to the stablecoin without intermediary currencies. This move expands Coinbase’s fiat-to-crypto on-ramp in Brazil, enhancing accessibility to USDC.
TREE NEWS reports: Cantor Fitzgerald plans to open access to the Kalshi prediction market for its institutional clients. This move integrates event contracts into traditional finance, potentially expanding the reach of prediction markets.
TREE NEWS update: A Strive vice president noted that Strategy’s bitcoin holdings per share have increased for several consecutive years. This highlights the company’s ongoing accumulation strategy, reinforcing its position as a major corporate BTC holder.
TREE NEWS reports: Centrifuge has integrated Symbiotic’s Liquid Lane to provide immediate USDC liquidity for eligible holders of three funds managed by Janus Henderson and NYLIM, totaling $1.6B in assets. This integration enhances liquidity for tokenized real-world assets, bridging traditional finance with DeFi.
TREE NEWS reports: The US Treasury will auction $16B in 20-year bonds and release Fed minutes, testing a bond market already at multi-decade highs. A weak auction and hawkish minutes could push yields higher, pressuring tech stocks and global markets.
TREE NEWS reports: Sweden’s H100 reported a $26 million loss for the first half of the year, driven by falling Bitcoin values. The company completed acquisitions to become Europe’s second-largest Bitcoin treasury by holdings.
TREE NEWS update: According to ChainCatcher, Tesla has integrated ByteDance’s Doubao large model. This move likely enhances Tesla’s AI capabilities in its vehicles or services. The specific applications and implications are yet to be detailed.
TREE NEWS reports: DeepSeek-V4-Flash has achieved a throughput of 220 billion tokens within 48 hours of launch, and B.AI continues to offer free access with no barriers. The rapid adoption highlights the model’s performance and accessibility.
TREE NEWS update: ByteDance is reportedly discussing training a model with over 5 trillion parameters, while its Seed foundation model team undergoes an architectural adjustment. The move signals a major push in AI development, though details remain scarce.
TREE NEWS update: Edward Zimbardi, accused of running a $165 million crypto Ponzi scheme, has been deported from Fiji to the US. He allegedly lured thousands with promises of 25% monthly returns via ‘The Crypto Program’ before fleeing.
TREE NEWS update: Glassnode reports that approximately 80% of publicly disclosed companies holding Bitcoin as a treasury reserve are currently at a loss. This highlights the volatility and risk associated with corporate Bitcoin adoption.
TREE NEWS update: The USDC Treasury has minted an additional 250 million USDC on the Solana blockchain. This increases the circulating supply of the stablecoin on Solana, reflecting growing demand for USDC within the ecosystem.
TREE NEWS reports: Nexo Australia has introduced a regulated cryptocurrency-collateralized credit service, expanding its lending offerings in the region. The move aims to provide Australians with access to crypto-backed loans under a compliant framework.
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