Flash News

TREE NEWS update: Pakistan’s regulatory body has ordered all cryptocurrency platforms to apply for a regulatory license by September 5 or face shutdown. This move aims to bring crypto operations under official oversight, potentially impacting the local crypto market.

TREE NEWS update: The Central Bank of Russia has relaxed the criteria for qualified investors, aiming to expand their cryptocurrency trading limits. The move is part of broader efforts to integrate digital assets into the country’s financial system. This policy change could increase participation in crypto markets among eligible Russian investors.

TREE NEWS reports: Term Labs has provided an update on the recent attack, stating that it has closed the Meta Vault and revoked governance permissions to mitigate further risks. The incident underscores ongoing security challenges in DeFi protocols.

TREE NEWS update: Binance Alpha announced it will debut TermMax on August 25. TermMax is a DeFi lending protocol. The listing marks its initial availability on the platform.

TREE NEWS update: Bitcoin’s price has fallen below the $77,000 mark, extending recent losses in the crypto market. The move reflects ongoing volatility and selling pressure across digital assets.

TREE NEWS update: According to RootData, the GUN token will unlock approximately $1.16 million worth of tokens in one week. This event is part of a scheduled token unlock, which may impact market supply.

TREE NEWS reports: Data shows that CATE, a token in GMGN’s hot sector, has achieved a trading volume of $78.38 million. This highlights significant market activity and interest in this asset.

TREE NEWS reports: Former Hack VC partner Hsin-Ju has refused a settlement and intends to release evidence, alleging threats and retaliation. The dispute highlights tensions within the crypto venture capital community.

TREE NEWS update: Ledger’s CTO has responded to recent vulnerability rumors, stating that the bug was identified and fixed two weeks ago, with the patch already deployed. The company reassures users that their funds are safe and no action is required.

TREE NEWS update: Polygon has proposed a staking and tokenomics reform aimed at doubling POL staking yields. The proposal seeks to enhance network security and participation by adjusting staking incentives and token emission dynamics.

TREE NEWS update: South Korean crypto exchange Upbit has listed Lighter (LIT) and opened KRW trading pairs. The listing provides Korean investors with direct access to the token.

TREE NEWS reports: The hacker group Cyberleek, behind GTA 6 leaks, launched a meme coin $CYBERLEEK before releasing the game footage, using the leaks as marketing. The token surged about 20x from its low, reaching a $29M market cap, with developers burning 27% of supply but still holding significant value. The incident highlights unconventional crypto marketing tied to major gaming leaks.

TREE NEWS reports: Axis Robotics, a Physical AI and robotics data infrastructure firm that raised $12M in seed funding, is set to launch its token generation event (TGE). It is the first project to partner with Kaito after its return, allocating 0.25% of total token supply to Kaito users, with the campaign ending on September 18.

TREE NEWS reports: Garrett Jin suggests that if the market continues to consolidate at the start of the week and Bitcoin dominance rises, he will turn more bullish. This indicates a potential shift in market sentiment favoring Bitcoin over altcoins. The analysis focuses on short-term market dynamics rather than a specific event.

TREE NEWS update: On Hyperliquid, whale positions currently total $7.158 billion with a long/short ratio of 0.94, indicating a slight bearish tilt among large traders. This data reflects current market sentiment on the platform.

TREE NEWS update: A crypto whale has accumulated 4,000 ETH over the past week, now holding an unrealized profit of $166,000. The address’s strategic buying highlights growing confidence in Ethereum’s near-term prospects.

TREE NEWS reports: Circle’s stablecoin issuance increased by $1.7 billion over the past seven days, while the Tron network saw its stablecoin supply grow by $950 million in the same period. This indicates continued expansion in the stablecoin market across major networks.

TREE NEWS update: Galaxy Research’s head of research stated that BIP-110’s node share peaked at around 20%, indicating that its hashrate share is far from sufficient. This suggests limited adoption and impact of the proposal.

TREE NEWS update: Solana has initiated on-chain voting for three core governance proposals, allowing token holders to participate in protocol decisions. The proposals aim to enhance network performance and ecosystem development. This marks a significant step in Solana’s decentralized governance process.