Flash News

TREE NEWS reports: Bithumb reported a net loss of 108.69 billion KRW (~$76.44M) for H1 2026, despite its core exchange business remaining profitable. The loss was driven by crypto asset disposal and valuation losses totaling ~$48M and a surge in litigation reserves to $27.8M after a regulatory fine. Revenue nearly halved to $119M amid market cooling and reduced marketing spend.

TREE NEWS reports: According to data, if Bitcoin falls below $60,941, the cumulative long liquidation intensity on major centralized exchanges (CEX) could reach $1.265 billion. This highlights a potential cascade of forced selling that may exacerbate downward price pressure.

TREE NEWS reports: Ripple is partnering with South Korea’s Jeonbuk Bank to deploy its cross-border payments platform, though specifics like launch timeline and settlement asset remain undisclosed. The move signals growing adoption of blockchain-based remittance solutions in traditional banking.

TREE NEWS reports: Data shows that if ETH surpasses $1,986, the cumulative short liquidation intensity on major CEXs could reach $809 million. This indicates a potential sharp price move and heightened volatility in the crypto market.

TREE NEWS update: The mastermind behind a $165 million crypto Ponzi scheme has been extradited to the US and now faces federal fraud charges. The individual was returned to face justice for orchestrating the fraudulent investment scheme.

TREE NEWS reports: Strategy’s STRC preferred stock has paid its semi-monthly dividend of $0.50 per share, with the next payment scheduled for August 31. This marks a routine distribution event for the company’s crypto-linked securities.

TREE NEWS update: Harmony Protocol suffered an attack that resulted in the illegal minting of 2.385 trillion ONE tokens. In response, the network will be rolled back to August 11 to mitigate the impact. The incident highlights security vulnerabilities in cross-chain bridges.

TREE NEWS update: Gold’s short squeeze is evolving into a more sustained uptrend as macro signals and technicals align, with $4500 as a key resistance. Chinese capital dominates the rally, forcing short covering, while Western active longs return. Goldman recommends call spreads and digital KO structures for upside participation.

TREE NEWS reports: Alibaba is selling its gaming business, Lingxi Interactive Entertainment, for at least $1.5 billion. The move is part of Alibaba’s strategic divestment from non-core assets. This transaction is not related to RWA tokenization or cryptocurrency.

TREE NEWS update: US prosecutors charged Edward Zimbardi with running a $165 million crypto Ponzi scheme, alleging he lost over $34 million on currency trades and spent at least $10 million personally. He was deported from Fiji to face charges.

TREE NEWS reports: Despite strong Q2 results, SpaceX, SanDisk, and Alphabet saw their stocks drop after earnings, highlighting that markets trade on expectations and earnings quality, not just headline numbers. Key factors include heavy capex, price-driven growth, and non-operating gains, underscoring the importance of analyzing cash flow, revenue drivers, and profit sources.

TREE NEWS update: Korean retail investors are fleeing the volatile local market, net buying about $4.5 billion in US stocks in July, with a notable $840 million into SK Hynix ADRs despite a 10% premium, and heavy demand for leveraged semiconductor ETFs like SOXL. Analysts warn this ‘changing venue, same bet’ strategy fails to diversify and signals speculative overheating, potentially amplifying volatility in niche areas.

TREE NEWS update: Robinhood’s blockchain platform, Robinhood Chain, has generated $5 million in cumulative transaction fees within its first month of operation. The milestone indicates growing adoption of the chain, which aims to bridge traditional finance with decentralized applications.

TREE NEWS reports: EIP-12188 suggests shortening the consensus layer’s block retention window to improve network efficiency, and has gained support from some client developers. The proposal is under discussion within the Ethereum community, with potential implications for node storage and sync times.

TREE NEWS reports: Stripe has acquired OpenRouter, an AI model marketplace, in a deal that could yield nearly $1.5 billion for early investor a16z. The acquisition marks a significant move for Stripe into the AI infrastructure space, though it is not directly related to RWA tokenization.

TREE NEWS update: According to RootData, COAI will unlock tokens worth approximately $2.53 million in one week. This event may increase circulating supply and potentially impact market dynamics.

TREE NEWS reports: Nvidia, OpenAI, and SoftBank’s SB Energy have partnered to build a massive data center in Ohio with at least 10GW of capacity, featuring Nvidia’s compute infrastructure. Nvidia will provide up to $105 billion in residual value guarantees for OpenAI’s 20-year lease, marking a new role for chipmakers in data center financing. The deal highlights the growing importance of securing land, power, and data center capacity for AI development.