Flash News

TREE NEWS update: Kraken will list SoFiUSD and gain access to SoFi’s round-the-clock dollar settlement network, while Kraken Prime will execute trades for SoFi’s crypto customers. The deal integrates SoFi’s banking infrastructure with the crypto exchange, expanding stablecoin availability and institutional trading services.

TREE NEWS reports: On September 3, blockchain data showed that Mach Big Brother (Huang Licheng) closed his HYPE long and increased his Bitcoin long as prices rose. His overall position shows an unrealized profit of about $3.755 million, a return of 79.03%. Positions include a 25x ETH long of 38,600 ETH (profit $2.584M) and a 40x BTC long of 455 BTC (profit $1.171M).

TREE NEWS reports: James Wynn, after being liquidated, has opened another 40x leveraged long position on Bitcoin, with a position value of $49,500 and a liquidation price of $79,536.29. He also opened a small long position in CASHCAT.

TREE NEWS reports: CleanSpark (CLSK) shares surged 10.43% during trading on September 3, reaching $12.43 per share. The move reflects increased investor interest in the bitcoin miner amid a broader rally in crypto-related stocks.

TREE NEWS reports: Crypto liquidations totaled $454 million across exchanges in the past 24 hours, with short positions accounting for $366 million of that. Long liquidations reached $87.78 million. Bitcoin saw $175 million in liquidations, while Ethereum had $82.36 million. The largest single liquidation order was $5.27 million on Binance’s BTCUSDT pair.

TREE NEWS update: SpaceX reported that its Grok system is experiencing an outage and is under investigation. The company acknowledged the issue but provided no further details. Users may be affected as technicians work to resolve the problem.

TREE NEWS reports: Bitcoin rose as much as 2.9% on Thursday, lifting crypto-related stocks in early US trading. Strategy gained 11%, Coinbase 8.6%, Robinhood Markets 15%, Circle Internet Group 13%, Galaxy Digital 10%, Bullish 9.6%, and Gemini Space Station 7.6%. Macroeconomic conditions continue to exert significant influence on the crypto market.

TREE NEWS reports: Alibaba has filed numerous complaints over the past months regarding .ai domains related to its businesses. Domains including goofish.ai, taobao.ai, qwenchat.ai, and alibaba.ai were transferred to Alibaba entities after dispute proceedings, while a request for 1688.ai was rejected.

TREE NEWS update: Crypto recovery specialists have successfully cracked a wallet once thought to hold $1 billion in digital assets, only to discover it contained a mere $10. The case highlights that lost passwords and seed phrases can sometimes be recovered, but such efforts are futile if the funds were never actually there. The revelation underscores the challenges and misconceptions surrounding crypto asset recovery.

TREE NEWS update: Xingyun Technology announced a 5-year computing power lease agreement with a VD client, valued at 922 million yuan including tax. The company is procuring all computing resources and will deliver and start leasing as soon as possible.

TREE NEWS update: SoFi Technologies has partnered with Payward to connect its banking settlement network with Kraken’s digital-asset infrastructure. The collaboration aims to integrate traditional banking services with crypto exchange operations, though specific terms were not disclosed.

TREE NEWS update: China’s Tianwen-3 Mars sample-return mission has entered its initial prototype development phase, chief scientist of the mission, speaking at the Deep Space Exploration (Tiandu) International Conference on Tuesday. Technical breakthroughs and scientific preparations are progressing in parallel.

TREE NEWS update: Meta announced that WhatsApp will introduce bill payment services on Android and iOS in India, covering 22,722 payment institutions across 30 categories. The feature is being rolled out gradually and will go live in the coming weeks.

TREE NEWS reports: Thunderbird Innovation (Lei Niao) ranked first globally in AR glasses shipments in the first half of 2026, with a 24.8% market share. The company led for the fifth consecutive quarter. CINNO data shows Thunderbird also held 25% of China’s AI/AR glasses market, achieving its first ever top spot in Chinese smart glasses sales.

TREE NEWS reports: Strategy’s CEO said selling Bitcoin near $60,000 and repurchasing at $80,000 was the correct move, defending the company’s trading strategy. The firm sold millions in BTC during the low $60k range and recently bought back at higher prices, citing a rationale behind the transactions.

TREE NEWS reports: On-chain sleuth Arkham flagged a wallet, ‘Bonk Guy Fomo,’ with weekly unrealized gains of about $5 million, ~$4.4 million from PONS, bought near a $6 million market cap. The trader, @theunipcs, confirmed the address and hinted gains could hit $6.5 million soon. PONS, a launchpad token on Robinhood Chain, saw $400 million in 24-hour volume on Sept 3, with market cap exceeding $500 million.

TREE NEWS update: China’s first ‘Token loan’ product for the token economy has been launched in Haizhu District, Guangzhou, with Bank of China’s Guangzhou branch extending about 28 million yuan in credit to related firms. Other banks, including China Construction Bank, Agricultural Bank of China, Bank of Jiangsu, Shanghai Rural Commercial Bank, and Zhangjiagang Rural Commercial Bank, have also introduced compute-related credit products, incorporating computing power and token consumption into credit assessments.

TREE NEWS reports: Bitcoin’s correlation with gold has reached a six-year high. However, Glassnode remains skeptical of bitcoin’s recent divergence from U.S. equities, noting that similar moves in the past have been short-lived. Analysts question whether the equity decoupling will persist.