Flash News

TREE NEWS reports: Binance has announced the removal of certain spot trading pairs from its platform. The exchange will cease trading for these pairs to maintain a high-quality trading environment. Users are advised to manage their holdings accordingly.

TREE NEWS update: GasFree, a gas fee payment service, has officially integrated USDD, allowing users to pay transaction fees with the stablecoin. This move broadens the on-chain application scenarios for USDD and enhances its utility in the crypto ecosystem.

TREE NEWS update: SemiAnalysis reports that Anthropic has imposed strict classifiers on Mythos due to regulatory pressure, preventing its release. Mythos 2 has completed training but remains unpublished.

TREE NEWS reports: Kraken has announced that it will now offer US stock trading to its European users. This move marks a significant expansion of the crypto exchange’s services into traditional financial markets, bridging the gap between digital assets and equities.

TREE NEWS update: BitBox has released firmware version 9.26.5 to address severe vulnerabilities in its hardware wallets, urging all users to update. The company stated that it has received no reports of exploitation or fund losses thus far.

TREE NEWS reports: Sina Mahmoodi, a core developer at the Ethereum Foundation who contributed to Geth and other projects, has left the organization. His departure marks a notable change in the team behind Ethereum’s core development.

TREE NEWS reports: An analyst reports that Bitcoin’s long-term holder supply is approaching historical peaks, while sell pressure remains low. This suggests that long-term holders are holding their positions, indicating strong conviction in the market.

TREE NEWS update: South Korean police in Gwangju have arrested three suspects in a virtual asset fraud case. The suspects allegedly deceived victims into investing in fake cryptocurrency schemes, causing significant financial losses. The investigation is ongoing.

TREE NEWS reports: South Korean regulators have blocked access to Polymarket, a crypto-based prediction market, labeling it as illegal gambling. The move highlights growing regulatory scrutiny on prediction platforms in the region.

TREE NEWS reports: Tom Lee’s Bitmine has purchased $18.9 million worth of ETH over the past week, increasing its holdings to over 4.81% of the total ETH supply. This significant accumulation highlights growing institutional interest in Ethereum.

TREE NEWS reports: A Shanghai court has clarified criminal liability for ‘traffic’ fraud involving virtual currencies, stating that participants may be found guilty as accomplices to fraud or for illegally using information networks. The ruling provides legal guidance for similar cases in China.

TREE NEWS update: Search interest in prediction markets has fallen 83% from its peak during the World Cup, according to data. Kalshi currently leads in trading volume among prediction platforms.

TREE NEWS reports: Upbit and Bithumb, South Korea’s largest crypto exchanges, reported about a 50% decline in first-half revenue amid a continued contraction of the Korean crypto trading market. The drop reflects reduced trading volumes and heightened regulatory pressures, signaling a challenging environment for local exchanges.

TREE NEWS reports: Decred has identified a security vulnerability and recommends users temporarily halt voting and mining activities. The team is working on a fix and will provide updates. This measure aims to protect the network and its participants.

TREE NEWS update: Multiple users have reported that their HTX accounts were frozen after making small deposits, prompting the exchange to confirm it is investigating the issue. The incidents have raised concerns among users about account security and the exchange’s handling of such matters.

TREE NEWS reports: DGrid AI has released the tokenomics for its $DGAI token, allocating 50% for node network operations and node incentives, and 8% for airdrop rewards. The remaining tokens are designated for other purposes such as team, treasury, and ecosystem development.