Press Enter to search · ESC to close

Flash News

24/7 coverage of global Web3 & AI markets

Aug 31
16:38

Applications on the two-month-old Robinhood Chain network earned $2.66 million in 24 hours, ranking second behind Solana, with a memecoin launchpad as the biggest single source. This marks a significant milestone as the new chain surpasses Ethereum in daily app revenue.

CryptoDeFi
16:20

Solana network fees have reached an all-time high, indicating strong network activity. In parallel, the SGP-0002 proposal to reduce inflation has been approved, marking a significant governance decision for the network.

CryptoDeFi
14:01

A whale who bought 488,600 HYPE tokens from FalconX five months ago for ~$17.18M has seen the position grow to ~$41.09M, an unrealized profit of ~$23.91M (139% return). The whale has now staked all HYPE tokens on Hyperliquid, according to Onchain Lens.

CryptoDeFi
14:00

Hyperliquid is negotiating with the parent company of Kraken to potentially offer perpetual futures contracts to US users. This move could expand Hyperliquid’s reach into the American market, pending regulatory considerations.

CryptoDeFi
13:54

Hyperliquid is reportedly in discussions with Payward, Kraken’s parent company, to offer its perpetual futures to US traders via the regulated Bitnomial exchange. This would mark Hyperliquid’s first US expansion, following President Trump’s recent remarks about bringing the platform onshore.

CryptoDeFi
12:35

BitMine has staked 5.07 million ETH, representing 4.9% of the total Ethereum supply. This significant stake highlights the growing trend of institutional participation in Ethereum staking.

CryptoDeFi
12:24

BitMine’s staked ETH balance held at 5.07 million (valued at $12.7 billion) for the fourth consecutive week, while the company added 53,501 ETH to its treasury. It also reported $335 million in annualized staking revenue, indicating stable operations.

CryptoDeFi
11:27

Fogo’s mainnet has been halted for 46 hours following the theft of 400 million FOGO tokens, with no restart time announced. The incident highlights security vulnerabilities in blockchain networks, impacting user funds and network operations.

CryptoDeFi
10:50

Primus has secured an investment from YZi Labs and launched its Confidential Vault product on BNB Chain. The move aims to enhance privacy and security for on-chain data management, marking a step forward in the integration of confidential computing with blockchain.

CryptoDeFi
10:44

Balancer has alerted users of its deprecated V1 pools to withdraw liquidity, noting that these pools are non-pausable. The warning follows a ~$234,000 drain attributed by SlowMist to a fixed-point rounding flaw.

CryptoDeFi
10:34

Cronos validators rolled back the chain to before the Tectonic exploit, discarding nearly 11,000 blocks and erasing the attacker’s balances. However, $6.29 million already bridged to Ethereum remains beyond the rollback’s reach.

CryptoDeFi
09:35

A vulnerability in Balancer’s legacy v1 contracts could allow attackers to drain liquidity provider funds. Users are advised to withdraw from affected pools immediately. The team is investigating and will provide updates.

CryptoDeFi
09:20

Coinbase CEO Brian Armstrong predicts that on-chain reputation systems will eventually replace traditional credit scoring, leveraging blockchain’s transparency and immutability. This shift could revolutionize access to financial services, especially for the unbanked.

CryptoDeFi
08:00

LIT token, issued by perp DEX Lighter, has surged nearly 5x from its March low to $3.79, with a market cap of $865M. The rally is fueled by Lighter’s US-centric positioning, CFTC advisory role, and exclusive perp engine deals with Telegram and Robinhood. Founder Vladimir’s high school friendship with Robinhood’s Vlad Tenev underscores the deep connection behind the Robinhood Chain integration.

CryptoDeFi
07:21

Crypto projects spent a record $638 million on token buybacks so far in 2026, with Hyperliquid and Pump.fun accounting for nearly 90% of the total. This marks a growing trend of protocols using revenue for buybacks to return value to token holders.

CryptoDeFi
06:45

Float Protocol, a DeFi protocol, suffered a flash loan attack resulting in a loss of approximately $28,000. The incident highlights ongoing security risks in the DeFi space. Details of the attack are still emerging.

CryptoDeFi
05:41

Cronos, the blockchain by Crypto.com, halted its entire network after a $75 million exploit on the Tectonic lending protocol. Validators froze the chain, stranding most funds on the network, with only $6 million reaching Ethereum.

CryptoDeFi
05:39

An attacker exploited Tectonic, a lending protocol on Cronos, by inflating its governance token’s value and borrowing against it, resulting in a $75 million loss. In response, Cronos validators froze the entire network to mitigate further damage.

CryptoDeFi
05:38

Solana validators narrowly approved SGP-0002, doubling the network’s disinflation rate, in its first network-wide governance vote. The proposal passed by a slim margin after Kraken and Galaxy switched positions in the final minutes.

CryptoDeFi
05:35

Bitget’s PoolX platform has launched DGrid AI, allowing users to stake XAUT to earn DGAI token airdrops. This move integrates AI-related tokens into Bitget’s staking ecosystem, offering new yield opportunities for users.

CryptoDeFi
Pitch us Feedback