Flash News

TREE NEWS update: SharpLink Gaming has again staked 39,300 ETH, valued at approximately $91 million, according to on-chain data. This move underscores the growing trend of publicly traded companies allocating significant capital to Ethereum staking.

TREE NEWS reports: Bitcoin’s total open interest across exchanges increased by 6.46% in the last 24 hours, indicating growing market activity. This rise suggests heightened trader engagement and potential volatility ahead.

TREE NEWS reports: 21Shares reports that the Bitcoin seller exhaustion indicator has dropped to an extremely low range not seen since 2010, suggesting reduced selling pressure. This could signal a potential market stabilization or reversal.

TREE NEWS update: Two Binance employees who were detained in the UAE have been released. The details of their detention and release have not been fully disclosed. This incident highlights potential regulatory risks for crypto exchange staff in the region.

TREE NEWS reports: A court has ruled in favor of Justin Sun regarding the WLFI dispute, allowing his personal claims to proceed to a public hearing. The decision marks a procedural victory for Sun in the ongoing legal matter.

TREE NEWS reports: Anthropic is preparing for an IPO expected to match or exceed SpaceX’s record size, potentially filing by end of August. Hyperliquid’s HYPE token surged past $73.4, up 26% in 24 hours. NYSE parent ICE considers further investment in Polymarket.

TREE NEWS reports: Anthropic, Blackstone, and Goldman Sachs have jointly established Ode, an AI implementation consulting firm, raising $1.5 billion in funding. The venture aims to help enterprises integrate AI solutions, leveraging the partners’ expertise in technology, finance, and consulting.

TREE NEWS reports: Arbitrum has activated the Elara upgrade, introducing optional compliance filtering and priority fee features for dedicated chains. This enhancement aims to provide more flexibility and regulatory alignment for specialized blockchain deployments.

TREE NEWS update: Coinbase CEO Brian Armstrong stated that the Clarity Act would provide regulatory clarity for crypto, potentially preventing future incidents like the FTX collapse. He emphasized the need for clear rules to protect users and foster innovation.

TREE NEWS update: The US CFTC has ordered FTX co-founders Caroline Ellison and Gary Wang to be banned from trading for five years. No restitution or civil monetary penalties were sought against them.

TREE NEWS reports: GalaChain has paused its cross-chain bridge following a security incident involving approximately $2.9 million, with 82% of the affected funds linked to wallets associated with the CEO. The platform is investigating the breach and working to secure assets.

TREE NEWS update: A hacker has spent $46.49 million to purchase 21,659 ETH, currently holding an unrealized profit of $4.14 million. The transaction highlights ongoing whale activity in the crypto market.

TREE NEWS reports: South Korean crypto exchange Upbit has listed four new tokens: BICO, BMT, NIL, and GWEI, supporting trading against BTC and USDT. The listings provide increased accessibility for traders on one of Asia’s largest exchanges, reflecting ongoing expansion of token offerings.

TREE NEWS reports: Spot Bitcoin ETFs saw a record single-day trading volume of over $5.3 billion, with BlackRock’s fund accounting for more than $4.4 billion. This surge indicates growing institutional interest and liquidity in the crypto market.

TREE NEWS update: Researchers have disclosed a vulnerability in Solana’s Proof of History (PoH) clock that could be exploited, with transition risks remaining unresolved ahead of the Alpenglow upgrade. The finding highlights potential security concerns for the network.

TREE NEWS reports: The Ethereum Foundation has introduced the better.codes challenge, aiming to advance hash SNARK provable security. This initiative seeks to foster innovation in cryptographic proof systems, potentially impacting blockchain scalability and privacy.

TREE NEWS update: Research suggests Hyperliquid could enter the US compliant market through a permissioned HIP-3 DEX. This move would allow the protocol to offer decentralized trading while adhering to regulatory requirements.

TREE NEWS reports: Data shows that the US HYPE spot ETF recorded a total net inflow of $5.86 million in a single day. This indicates growing investor interest in the fund.

TREE NEWS update: Elon Musk has denied a report that SpaceX is acquiring Spectrum, calling the news inaccurate. The denial comes amid ongoing speculation about SpaceX’s strategic moves in the satellite communications sector.

TREE NEWS reports: Machi Big Brother, a prominent crypto figure, opened a BTC long position and increased it to 100 BTC. His overall long position value exceeds $78 million.