Flash News

TREE NEWS update: Ankr’s ankrFLOW contract was exploited, prompting the Flow Foundation to commit to covering the losses. The incident highlights ongoing security challenges in the DeFi space.

TREE NEWS reports: Omar, an investor at crypto venture capital firm Dragonfly, has announced his departure from the company. The news was reported by ChainCatcher, though details about his next steps or reasons for leaving were not disclosed.

TREE NEWS update: Peach Bitcoin, a peer-to-peer bitcoin exchange, has temporarily suspended its non-KYC custody service. This move likely responds to regulatory pressure or security concerns, impacting users who relied on the service for anonymous transactions.

TREE NEWS reports: Robinhood Chain’s decentralized exchange achieved a single-day trading volume of $989 million, setting a new record. This milestone highlights the growing adoption of its blockchain-based trading platform.

TREE NEWS reports: Strive, a Nasdaq-listed asset manager, purchased $143 million worth of Bitcoin at an average price of $79,431 per coin, boosting its total holdings to 23,156 BTC. This move signals renewed interest from treasury firms in accumulating the cryptocurrency.

TREE NEWS update: North Korean hackers have transferred tens of millions of dollars on Hyperliquid, a decentralized exchange. Meanwhile, former President Trump is advocating for the platform to be based in the US, highlighting the intersection of crypto security and politics.

TREE NEWS reports: Strategy has sent a letter to MSCI opposing a proposal to exclude companies holding bitcoin from its indices, arguing that such a move would be detrimental to investors and the market. The company believes that bitcoin holdings should not be penalized and that MSCI should maintain its current methodology.

TREE NEWS update: Bitcoin treasury firm Strategy has criticized MSCI’s proposal to exclude it from its Global Investable Market Indexes, calling it ‘misguided’ and ‘flawed’. In a letter to MSCI, founder Michael Saylor and CEO Phong Le argued that the proposal discriminates against digital asset businesses, marking a second time such firms are being targeted.

TREE NEWS reports: Applications on the two-month-old Robinhood Chain network earned $2.66 million in 24 hours, ranking second behind Solana, with a memecoin launchpad as the biggest single source. This marks a significant milestone as the new chain surpasses Ethereum in daily app revenue.

TREE NEWS update: Bloomberg reports Hyperliquid is in advanced talks with Kraken’s parent, Payward, to route US traders through CFTC-regulated Bitnomial for perpetuals. Neither company has confirmed the deal, which would mark a major expansion of Hyperliquid’s derivatives offering into the US market.

TREE NEWS update: Kalshi has permanently banned former U.S. Representative George Santos for manipulating its prediction market on the State of the Union address. The exchange accused Santos of attempting to profit from insider knowledge, violating its terms of service.

TREE NEWS reports: Ireland’s planned investment accounts will offer tax benefits for stocks, bonds, and ETFs, but exclude crypto and derivatives due to their higher-risk nature. This decision reflects a cautious regulatory stance toward digital assets in retail investment products.

TREE NEWS reports: Solana network fees have reached an all-time high, indicating strong network activity. In parallel, the SGP-0002 proposal to reduce inflation has been approved, marking a significant governance decision for the network.

TREE NEWS update: Prediction market Kalshi has permanently banned former Congressman George Santos after finding he placed large trades on his own State of the Union attendance and made false statements to move prices, profiting nearly $18,000. The exchange’s action highlights its enforcement against market manipulation.

TREE NEWS reports: Zano has activated its sixth hard fork, enabling native ZANO tokens to be bridged without custody to Ethereum, Solana, and TON. This upgrade enhances cross-chain interoperability for the privacy-focused blockchain.

TREE NEWS reports: Bitcoin’s price has become less sensitive to geopolitical events, as evidenced by its stability despite Trump’s threats against Iran. This marks a shift from previous behavior where such news would cause significant volatility.

TREE NEWS reports: Privacy blockchain Zano activated its sixth hard fork (HF6) at block height 3,833,000 on August 31, marking the largest upgrade in its seven-year history. HF6 introduces Gateway Addresses for direct tracking and instant synchronization, and enables native ZANO to be trustlessly bridged to Ethereum, Solana, and TON, with privacy restored when bridged back. The upgrade also tightens consensus validation and enhances wallet encryption, pool fault tolerance, and anti-DoS measures, serving as a precursor to the EVM-compatible Zano Execution Layer.

TREE NEWS reports: XRP spot ETFs have recorded net inflows for nine consecutive days, accumulating a total of $1.6 billion. This sustained capital inflow highlights growing institutional interest in XRP-linked investment products.

TREE NEWS reports: Spot XRP ETFs have recorded nine consecutive days of inflows, bringing cumulative net inflows to $1.6 billion since their launch, despite a recent cooldown in XRP’s price. The sustained interest highlights growing institutional demand for crypto-backed exchange-traded products.