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Flash News

24/7 coverage of global Web3 & AI markets

Sep 1
22:35

Huang Licheng, a prominent crypto investor, holds a long ETH position worth nearly $100 million that is only $63 away from its liquidation price. This highlights the high leverage and risk in the current market.

CryptoDeFi
22:09

Hyperliquid Strategies has expanded its equity purchase agreement to $2.5 billion. This move signals significant capital deployment, potentially impacting the crypto market.

CryptoDeFi
22:05

Data shows Hyperliquid platform whales currently hold $7.206 billion in positions, with a long/short ratio of 0.93. This indicates a slightly bearish sentiment among large traders on the platform.

CryptoDeFi
21:45

Long.xyz, a platform for tokenized stocks, saw its 24-hour trading volume surpass $425 million, indicating strong demand for on-chain equity trading. This surge highlights the growing intersection of traditional finance and DeFi through RWA tokenization.

RWADeFi
21:45

Pump.fun has announced the activation of its limit order feature on the Solana blockchain. This new functionality allows users to set specific buy or sell prices for tokens, enhancing trading flexibility on the platform.

CryptoDeFi
21:27

DAC has raised $1 million in a funding round led by Unicorn Crypto Ventures. The investment will support the development of its digital asset custody solutions.

CryptoDeFi
20:45

Full Sail, a DeFi protocol on the Sui ecosystem, has announced it will gradually cease operations. The decision marks a retreat from the competitive DeFi landscape on Sui.

CryptoDeFi
17:01

Robinhood Chain, an Ethereum Layer 2, saw its DEX volume jump 61% to $1.6 billion within days. DeFi deposits and stablecoin holdings on the network have approached $800 million, indicating growing adoption.

CryptoDeFi
13:09

Robinhood Chain, an Arbitrum network, reached $1.49 billion in DEX volume over 24 hours, ranking second among all chains, ahead of Ethereum, BNB Chain, and Base. Its memecoin launchpad, Pons, earned nearly three times the fees of pump.fun, capturing two-thirds of launchpad fees.

CryptoDeFi
12:06

Ethena has launched a self-custodial payments app for its USDe stablecoin, enabling everyday payments, savings, and cross-border transfers. The app offers annualized rewards of up to 6%, aiming to integrate USDe into mainstream financial activities.

CryptoDeFi
10:54

Securitize’s tokenized fund HINC is now accepted as collateral on Loopscale, marking a step in integrating real-world assets into DeFi lending. This move enhances the utility of tokenized securities and expands DeFi collateral options.

RWADeFi
10:30

Ethena has launched its Pay app in iOS beta on Avalanche, initially limited to 400 users. The app offers tiered rates up to 6%, with official terms capping boosted balances and cashback at up to 5%, contrary to earlier claims of 10%.

CryptoDeFi
10:10

DeFi protection protocol Firelight Protocol has completed an $8 million funding round led by Gumi Cryptos Capital. The funds will be used to further develop its protection solutions within the decentralized finance ecosystem.

CryptoDeFi
10:05

Firelight, incubated by Sentora, secured $8 million to backstop DeFi vaults using staked XRP, with $76 million already staked on Flare. Its first cover integrations launch this month, tapping a market where onchain protection covers only 0.1% of DeFi.

RWADeFi
09:55

Silhouette has introduced an xStocks request-for-quote (RFQ) trading system on Hyperliquid, enabling on-chain trading of tokenized US equities. This move bridges traditional finance with DeFi, offering a novel avenue for trading real-world assets.

RWADeFi
09:00

Kast has launched a stablecoin-powered platform for businesses, aiming to onboard 1,000-5,000 active businesses by end of 2026. The launch follows an $80 million funding round.

CryptoDeFi
09:00

Securitize’s high-yield corporate bond and CLO fund (HINC) is now accepted as collateral on Solana’s Loopscale, allowing eligible investors to borrow USDG against it. This marks another step in integrating real-world assets into DeFi lending.

RWADeFi
08:05

Ethena has introduced Ethena Pay on Avalanche, offering users up to 6% yield and 10% cashback. This move expands Ethena’s DeFi services to the Avalanche ecosystem, potentially attracting more users.

RWADeFi
07:00

1789 Capital, a fund led by Donald Trump Jr., plans to invest an additional $300 million in prediction market Polymarket, bringing the total round to about $1 billion. The fund, which has grown to $3.5 billion in assets, sees Polymarket as a tool for information freedom. This move further intertwines political capital with crypto infrastructure.

CryptoDeFi
06:31

Russia’s largest bank, Sberbank, plans to accept Ether and USDT as collateral for crypto-backed loans once these assets are legally cleared for public circulation, according to a deputy chairman in an interview with TASS. This move extends Sberbank’s crypto lending beyond bitcoin, signaling growing institutional adoption of digital assets in Russia.

CryptoDeFi
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