TREE NEWS reports: UK authorities froze $13.5 million in cash as part of an investigation into Sorare, a crypto fantasy sports platform and Premier League sponsor. The freeze followed a January 2025 court order from Westminster Magistrates’ Court.
TREE NEWS reports: Attackers exploited an authentication flaw by registering Lenovo IDs with victims’ email addresses, allowing them to bypass passwords and access existing Dropbox accounts. The breach highlights vulnerabilities in third-party authentication integrations.
TREE NEWS reports: Payward, Kraken’s parent, will issue tokenized versions of the 100 largest London-listed companies within weeks, but UK investors cannot buy them and the exchange’s own leg still needs regulatory sign-off. This marks a significant step in bringing traditional equities onchain.
TREE NEWS update: Citi, Goldman Sachs, Fidelity, WisdomTree, and 19 other financial firms have committed to issuing a dollar stablecoin, more than doubling their group size since October. They target the first half of 2027 for the token, which has no name or chosen blockchain yet.
TREE NEWS reports: A report suggests that using credit cards via FOMO and Robinhood Wallet to buy memecoins might circumvent card network restrictions on crypto transactions. This could raise regulatory and compliance concerns.
TREE NEWS reports: Bitcoin posted a 25% gain in August, marking its third-best August performance in history. The rally underscores renewed investor interest in the leading cryptocurrency amid broader market optimism.
TREE NEWS reports: Bitcoin’s August performance was exceptionally strong, marking its third-best August on record despite typical summer lulls. Analysts note that this defies the usual seasonal slowdown, signaling robust market momentum.
TREE NEWS update: Solana’s native token SOL has fallen below the $100 mark, reflecting a broader downturn in the cryptocurrency market. The decline highlights ongoing volatility and selling pressure across digital assets.
TREE NEWS reports: Ethereum’s price fell below 2400 USDT, currently trading at 2399 USDT on OKX, marking a 3.12% decline over the past 24 hours. This move reflects ongoing volatility in the crypto market.
TREE NEWS reports: Coinglass data shows $110 million in liquidations over the past 4 hours, with longs at $97.46 million and shorts at $12.83 million. Bitcoin liquidations were $38.21 million, and Ethereum liquidations were $3.17 million.
TREE NEWS update: Bitcoin fell below $77,000 on OKX, trading at $76,996.2, marking a 2.46% decline in the past 24 hours. The drop reflects ongoing market volatility in the cryptocurrency space.
TREE NEWS update: Bitcoin has experienced one of its best months in years, breaking the crypto winter pattern with a significant price rally. However, technical charts indicate a complicated outlook as bullish bets face a historical resistance level. Investors are closely watching whether the momentum can sustain or if a pullback is imminent.
TREE NEWS reports: According to data, if Bitcoin’s price breaks above $81,915, the cumulative short liquidation intensity on major centralized exchanges could reach $1.841 billion. This indicates a potential for significant short squeezes, which could trigger further price volatility.
TREE NEWS update: The total market cap of crypto reserve assets has reached $340 billion, with altcoin DAT showing the strongest performance. This milestone underscores the growing institutional adoption of digital assets as reserve holdings.
TREE NEWS reports: DeFi Development Corp, a publicly traded company holding over 2.33 million SOL, plans to raise $20 million to purchase additional SOL. The firm recently acquired 19,000 SOL, signaling continued confidence in the asset.
TREE NEWS reports: Multicoin Capital transferred 97,180 HYPE tokens, valued at approximately $8.18 million, to Coinbase. This move may signal a potential sale or redistribution of assets by the investment firm.
TREE NEWS update: Multicoin Capital transferred another 97,180 HYPE tokens, valued at approximately $8.18 million, to Coinbase, likely for sale. This move follows previous transfers and may signal a continued sell-off of the asset.
TREE NEWS update: Prediction market Kalshi issued its first permanent ban to former Rep. George Santos and a three-year suspension to Laurie Buckhout after investigations into insider trading on event contracts. The platform cited violations of its policies on using non-public information, marking a notable enforcement action in the prediction market space.
TREE NEWS update: 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.
TREE NEWS reports: BlackRock has purchased 1,404.5 Bitcoin, valued at approximately $109.35 million. This move underscores continued institutional interest in cryptocurrency as an asset class.
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