Flash News

TREE NEWS reports: Bitcoin struggled to hold the $80,000 level as gold retreated from its highest since mid-May, pressured by declining US bond yields. The pullback in both assets reflects a broader market adjustment to changing yield dynamics.

TREE NEWS reports: Bitcoin surged past $81,000, its highest level since January, sparking debate over whether the ‘debasement trade’ is back. The move comes amid macroeconomic uncertainty and renewed interest in Bitcoin as a hedge against currency debasement.

TREE NEWS reports: Japheth Dillman, founder of Block Bits Capital, was convicted of fraud for misleading investors about the functionality of its ‘Autotrader’ software, which was not operational. He raised nearly $1 million from victims.

TREE NEWS reports: Data shows that BlackRock’s clients have purchased $200 million worth of Bitcoin. This significant investment by the world’s largest asset manager underscores growing institutional adoption of cryptocurrency.

TREE NEWS update: THORChain has released version 3.2, introducing native cross-chain swap support for Monero (XMR) and Zcash (ZEC). This upgrade expands the protocol’s interoperability, allowing users to trade these privacy-focused assets directly on its decentralized liquidity network.

TREE NEWS update: Socket has identified 77 malicious Firefox browser extensions targeting crypto wallets, with 40 confirmed to steal seed phrases. Users are urged to remove these extensions immediately to protect their funds.

TREE NEWS reports: USDC Treasury has burned approximately 153 million USDC, valued at around $153 million. This reduction in circulating supply aligns with typical stablecoin supply management.

TREE NEWS update: CYBERLEEK, a meme coin launched by the hacker behind the GTA 6 leak, surged over 40% in the past four hours, pushing its market cap to $14.5 million. The token’s rapid rise highlights the speculative nature of meme coins tied to viral events.

TREE NEWS reports: Arcus has introduced tokenized perpetual contract positions on Robinhood Chain, aiming to bring leveraged trading on-chain. The move expands DeFi derivatives infrastructure to the Robinhood ecosystem.

TREE NEWS update: Decrypt reports that dozens of fake Firefox wallet extensions, including 40 confirmed malicious ones, impersonate popular wallets like OKX, Rabby, and TronLink to steal recovery phrases. Users are warned to avoid entering their seed phrases into suspicious extensions.

TREE NEWS update: US spot Solana ETFs recorded net inflows for a fifth consecutive day, with a single-day inflow reaching a new high for the year. This signals growing institutional interest in SOL-based investment products.

TREE NEWS reports: Crypto custody firm Copper has received a potential acquisition offer of around $200 million, significantly below its $500 million valuation target. The deal is reportedly under discussion, highlighting the challenging market conditions for crypto infrastructure providers.

TREE NEWS update: Hugging Face experienced a security breach involving an AI agent, prompting the company to switch to open-source models for defense. The incident highlights vulnerabilities in AI systems and the growing importance of robust security measures.

TREE NEWS update: Empery Digital reduced its Bitcoin holdings to 1,179 BTC and plans to increase investments in AI data centers. The firm is shifting focus towards AI infrastructure, signaling a strategic pivot from crypto to AI-related assets.

TREE NEWS reports: Kraken, the cryptocurrency exchange, suffered a massive dust attack involving nearly 12,000 transactions, causing temporary access issues for some customer accounts. The exchange is working to resolve the situation and ensure the security of user funds.