Flash News

TREE NEWS update: BitBox has released firmware version 9.26.5 to address severe vulnerabilities in its hardware wallets, urging all users to update. The company stated that it has received no reports of exploitation or fund losses thus far.

TREE NEWS update: The daughter of NVIDIA CEO Jensen Huang visited LG Electronics’ robot center to discuss expanding cooperation in AI infrastructure and robotics. This move highlights the growing intersection between AI and robotics industries.

TREE NEWS reports: Sina Mahmoodi, a core developer at the Ethereum Foundation who contributed to Geth and other projects, has left the organization. His departure marks a notable change in the team behind Ethereum’s core development.

TREE NEWS reports: An analyst reports that Bitcoin’s long-term holder supply is approaching historical peaks, while sell pressure remains low. This suggests that long-term holders are holding their positions, indicating strong conviction in the market.

TREE NEWS update: South Korean police in Gwangju have arrested three suspects in a virtual asset fraud case. The suspects allegedly deceived victims into investing in fake cryptocurrency schemes, causing significant financial losses. The investigation is ongoing.

TREE NEWS reports: South Korean regulators have blocked access to Polymarket, a crypto-based prediction market, labeling it as illegal gambling. The move highlights growing regulatory scrutiny on prediction platforms in the region.

TREE NEWS update: Eurozone government bonds have joined a global selloff, pushing yields to multi-year highs. This reflects broader market concerns over inflation and central bank policy, impacting risk assets including crypto.

TREE NEWS reports: Tom Lee’s Bitmine has purchased $18.9 million worth of ETH over the past week, increasing its holdings to over 4.81% of the total ETH supply. This significant accumulation highlights growing institutional interest in Ethereum.

TREE NEWS reports: A Shanghai court has clarified criminal liability for ‘traffic’ fraud involving virtual currencies, stating that participants may be found guilty as accomplices to fraud or for illegally using information networks. The ruling provides legal guidance for similar cases in China.

TREE NEWS update: Search interest in prediction markets has fallen 83% from its peak during the World Cup, according to data. Kalshi currently leads in trading volume among prediction platforms.

TREE NEWS reports: Upbit and Bithumb, South Korea’s largest crypto exchanges, reported about a 50% decline in first-half revenue amid a continued contraction of the Korean crypto trading market. The drop reflects reduced trading volumes and heightened regulatory pressures, signaling a challenging environment for local exchanges.

TREE NEWS reports: Decred has identified a security vulnerability and recommends users temporarily halt voting and mining activities. The team is working on a fix and will provide updates. This measure aims to protect the network and its participants.

TREE NEWS update: Multiple users have reported that their HTX accounts were frozen after making small deposits, prompting the exchange to confirm it is investigating the issue. The incidents have raised concerns among users about account security and the exchange’s handling of such matters.

TREE NEWS reports: DGrid AI has released the tokenomics for its $DGAI token, allocating 50% for node network operations and node incentives, and 8% for airdrop rewards. The remaining tokens are designated for other purposes such as team, treasury, and ecosystem development.

TREE NEWS update: HyperliquidNews announced on X that the cumulative trading volume of HIP-3 has exceeded $525 billion. This milestone highlights the growing adoption and liquidity of the Hyperliquid platform.

TREE NEWS reports: Brent crude oil (XBRUSD) has surged past $92 per barrel, currently trading at $92.04, marking a 3.6% increase in the last 24 hours, according to Gate data. This movement highlights ongoing volatility in global energy markets.