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Flash News

24/7 coverage of global Web3 & AI markets

Aug 29
21:10

Data shows that Machibig Brother (麻吉大哥) holds a long position worth $114 million, with $100 million in ETH and a liquidation price of $2,307. This indicates significant leveraged exposure to Ethereum, which could impact market volatility if price approaches the liquidation level.

Crypto
21:00

Genius Group plans to resume buying Bitcoin in Q4, aiming for a $827 million BTC treasury by fiscal year 2031. The move underscores growing corporate adoption of Bitcoin as a reserve asset.

CryptoUS Stocks
20:50

Ripple has donated $300,000 to support flood relief efforts in Nepal and Tibet. The contribution underscores the company’s commitment to humanitarian causes beyond its core crypto business.

Crypto
20:50

realtrumpcoins has announced that it has not launched or authorized any digital tokens and is cooperating with law enforcement agencies in investigating related incidents. The statement aims to clarify its stance amid potential confusion in the crypto community.

CryptoRegulation
20:50

Robinhood ecosystem token CLAN briefly surpassed $5.5 million market cap before pulling back, surging over 83% intraday. The rapid rise highlights speculative interest in exchange-linked tokens.

Crypto
20:35

The Ethena Foundation proposes ending monthly investor unlocks and, after reaching a USDe milestone, will use 95% of net income to buy back ENA tokens. This move aims to enhance tokenomics and align incentives with the community.

CryptoDeFi
20:25

Bitwise’s CEO stated that currently only three crypto assets—Solana, Ethereum, and Bitcoin—have ETF assets under management exceeding $1 billion globally. This highlights the limited scale of crypto ETFs beyond the top assets.

Crypto
20:00

Data shows that if Ethereum breaks above $2,555, the cumulative short liquidation intensity across major centralized exchanges could reach $988 million. This highlights significant leverage in the market, potentially leading to increased volatility.

Crypto
19:55

A Solana-linked crypto card was compromised in a hack, leading to a 49% crash in the Avici token. The incident highlights security vulnerabilities in crypto payment infrastructure.

Crypto
17:39

Grayscale has released a report suggesting that Zcash remains undervalued in the current market. The firm highlights its unique privacy features and potential for growth, despite ongoing regulatory challenges. This analysis could influence investor sentiment towards privacy-focused cryptocurrencies.

Crypto
17:28

Solana’s proposal to reduce inflation has passed with 67% support. Helius CEO Mert Mumtaz lobbied in the final stages to secure the vote.

CryptoDeFi
16:44

Polygon disclosed a security vulnerability that was fixed in a recent hard fork. The bug has been patched, and users are advised to update their nodes. Details of the vulnerability were revealed to ensure transparency and network security.

Crypto
16:40

The Independent Community Bankers of America (ICBA) has called for a complete ban on stablecoin rewards, warning that such incentives could trigger a $1.3 trillion outflow of deposits from the banking system. The association argues that stablecoin yield programs pose systemic risks to community banks and the broader financial system.

CryptoRegulation
16:28

Cosmos Labs acknowledged misjudging a vulnerability that led to attacks on six chains, resulting in a $5.7 million loss. The incident highlights security risks in the Cosmos ecosystem.

CryptoDeFi
16:28

Polygon disclosed that recent hard forks fixed security flaws posing denial-of-service and validator resource risks. The vulnerabilities were patched before public disclosure.

Crypto
15:30

The market capitalization of real-world assets (RWA) on the Stellar blockchain has surged to nearly $4 billion, marking a year-to-date increase of approximately 360%. This growth highlights the accelerating adoption of asset tokenization on the network.

RWACrypto
15:12

Stellar’s tokenized real-world asset (RWA) market has surged over 400% to nearly $4 billion, driven by growing institutional adoption and increased tokenization activity on the network. This rapid expansion highlights the accelerating convergence of traditional finance and blockchain technology.

RWACrypto
13:35

Genius Group, an AI-focused education company, announced plans to issue $12.5 million in perpetual preferred stock. The move aims to raise capital for its Bitcoin treasury strategy and AI initiatives.

CryptoUS Stocks
12:35

Tokenized stock monthly transfer volume surged 416% in 30 days to $295 billion, highlighting the rapid growth of real-world asset tokenization. This milestone reflects increasing institutional adoption and trading activity in tokenized equities.

RWACrypto
12:27

Tokenized equities saw a sharp rise in onchain activity, with transfer volume surging 415% to $29.5 billion in 30 days. Active addresses and holders more than doubled over the past month, indicating growing adoption of real-world asset tokenization.

RWACrypto
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