Flash News

TREE NEWS update: The Sandbox announced it will compensate users affected by the recent security incident using an on-chain snapshot taken before the attack, with the claims process expected to open within approximately two weeks. The move aims to restore user trust after the exploit, which impacted the virtual world platform.

TREE NEWS update: Prediction market Polymarket shows a 58% probability that Ethereum will reach $2,600 in the remaining days of August, up from previous levels. This reflects growing trader optimism amid recent market conditions.

TREE NEWS update: CryptoQuant founder Ki Young Ju suggests that the current bull market top could be driven by institutional funds and ETFs from outside the US. This indicates a shift in market dynamics, with global capital flows playing a crucial role in shaping the cycle’s peak.

TREE NEWS reports: Ether (ETH) has fallen below the $2,500 mark, according to market data. The decline reflects ongoing volatility in the cryptocurrency market.

TREE NEWS reports: The Bank of England has been handed a new legal duty to support stablecoin innovation, as part of a bill due before the House of Lords in September, while maintaining financial stability as its primary objective. This move signals the UK’s intent to become a hub for digital asset innovation.

TREE NEWS reports: HashKey Group announced its 2026 interim results, showing a 20.6% increase in revenue year-over-year. The company highlighted growth across its core businesses, including exchange, custody, and asset management, underscoring its expanding footprint in the digital asset industry.

TREE NEWS update: Hugging Face, the AI model hub, is in talks to be acquired by Nvidia for $12.9B, nearly double the valuation it rejected from Nvidia nine months prior. The deal underscores the strategic importance of model distribution and open-source AI, especially amid rising geopolitical tensions around AI models. The company’s founder emphasizes long-term community responsibility, but the acquisition raises questions about the platform’s neutrality.

TREE NEWS update: B.AI has officially integrated Qwen3.8-Flash, making its API fully free for all users. This move aims to enhance accessibility to advanced AI models on the platform.

TREE NEWS update: Bitcoin ETFs have seen $2.8 billion in inflows over an eight-day streak as Bitcoin tests the $80,000 mark. August is on pace to be the strongest month for inflows since October 2025, according to an analyst.

TREE NEWS reports: Glassnode indicates that Bitcoin’s price is encountering significant resistance around $83K due to converging trend lines and liquidity structures. This suggests a true demand test as the market consolidates, with upside potential limited by thick liquidity.

TREE NEWS reports: The SEC has sent a new proposal to the White House to revise adviser custody rules for crypto, marking a deregulatory shift from its 2023 attempt that would have restricted client crypto to qualified custodians. This move revives a contentious issue the SEC previously lost.

TREE NEWS reports: StarkWare executed the first quantum-safe Bitcoin transaction on mainnet, moving 10,000 satoshis in block 964,199. The transaction demonstrates that Bitcoin holders can protect funds from quantum threats without protocol changes, albeit at a cost of several hundred dollars.

TREE NEWS update: Core Lightning maintainers have warned node operators of several vulnerabilities and advised disabling payment routing by running nodes offline until a fix is released. The vulnerability details remain under embargo for two weeks, with an upgrade not yet published.

TREE NEWS reports: Moonwell, a lending protocol on Base, was exploited, resulting in losses exceeding $4 million in cbBTC. The attack targeted the protocol’s cbBTC market, raising concerns about security in DeFi.

TREE NEWS reports: TermMax, a fixed-rate lending protocol, has received a strategic investment from YZi Labs. The funding aims to support the protocol’s development and expansion in the DeFi sector.

TREE NEWS update: The Sandbox announced it will use treasury funds to compensate legitimate holders affected by the exploit at a 1:1 ratio. This move aims to restore user trust and stabilize the ecosystem following the security incident.