Flash News

TREE NEWS reports: Germany has expanded its lead in EU MiCA authorizations, now hosting 79 crypto asset service providers, ahead of France and the Netherlands. The latest update to the EU register added six banks, solidifying Germany’s position as the top jurisdiction for crypto firms under the MiCA framework.

TREE NEWS reports: Blockchain security firm Specter reported that more than $40 million in cryptocurrency was stolen across three separate incidents last week. The attacks highlight ongoing security vulnerabilities in the crypto ecosystem.

TREE NEWS reports: Bitcoin has surged past the $78,000 mark, signaling strong bullish momentum in the cryptocurrency market. This price movement reflects growing investor confidence and market activity.

TREE NEWS update: Data shows that if Ethereum’s price falls to $2,353, the cumulative long liquidation intensity on major centralized exchanges could reach $1.096 billion. This highlights the potential for significant market volatility and cascading liquidations in the crypto market.

TREE NEWS reports: Glassnode reports that 85% of altcoin funding rates are above their historical average, indicating a shift to an optimistic market state. The data suggests increased speculative interest and leverage in the crypto market.

TREE NEWS reports: HyperEVM, the Ethereum Virtual Machine compatible layer on Hyperliquid, achieved its highest single-day transaction fee revenue in history. The milestone underscores the growing activity and demand for the Hyperliquid ecosystem’s L1 capabilities.

TREE NEWS update: Gate.io reported a net inflow of $208 million in reserve assets over the past week, positioning it as the second-largest exchange by this metric. This reflects growing user trust and robust asset backing amid competitive market conditions.

TREE NEWS update: Ray Dalio warns that US fiscal imbalance is at a critical juncture, with debt crisis likely within three years if unaddressed. He recommends allocating 10-15% to gold and a small amount to bitcoin as non-government-issued assets to hedge against currency debasement.

TREE NEWS update: Robinhood CEO expressed strong enthusiasm for cryptocurrency and maintained a long-term optimistic outlook on Bitcoin. The comments come amid ongoing regulatory and market developments in the digital asset space.

TREE NEWS reports: USDD has officially introduced its Vault feature on Ethereum, enabling users to mint USDD by collateralizing ETH and WBTC. This move expands the stablecoin’s utility and integration within the DeFi ecosystem.

TREE NEWS reports: A security researcher has discovered more than 50,000 Stripe API keys exposed in publicly accessible code repositories, posing a significant risk of unauthorized transactions and data breaches. The leaked keys, which include both secret and restricted keys, could allow attackers to access sensitive payment data and conduct fraudulent activities. Stripe has been notified and is working to revoke the compromised keys.

TREE NEWS reports: A Stanford professor released a ranking of venture capital firms, revealing that the top 5% of VCs generate 90% of industry profits. The ranking also highlights 21 new firms breaking into the top 100, indicating a shift in the venture landscape.

TREE NEWS update: Wintermute’s short positions on Hyperliquid grew to $190.77M, with $44.58M added, while transferring 3,834 BTC ($256.8M) to Binance this week. Some traders view this as bearish pressure, but others argue it’s delta-neutral funding arbitrage or inventory hedging. Despite current floating losses, the address remains profitable overall.

TREE NEWS reports: A whale executed a leveraged long position on BNB by withdrawing 8,474 BNB worth $5.9 million from a lending platform and borrowing 2.6 million USDT. The move indicates bullish sentiment on BNB amid market volatility.

TREE NEWS reports: Coinkite released firmware versions 5.6.1 and 1.5.1Q that require user-supplied entropy (dice rolls or coin flips) for every new seed, following a vulnerability that compromised seeds generated on earlier versions. The update does not repair seeds already created on affected firmware, leaving users with potentially compromised wallets.

TREE NEWS update: Crypto exchange BitMart has hired White & Case and floated a phased restart alongside creditor distributions, days before its final trading day. Users report blocked withdrawals, signaling potential financial distress.