Flash News

TREE NEWS reports: The Ethereum Foundation cautions that some tools may break with the upcoming Glamsterdam upgrade, urging developers to test on the Plataberget testnet first. The new gas model will eventually reach other testnets and mainnet, potentially impacting existing tools.

TREE NEWS reports: Airwallex founder discusses the future of stablecoins, predicting they will evolve within existing regulatory frameworks across countries. The remarks highlight the growing convergence of traditional finance and digital assets.

TREE NEWS reports: The Ethereum Foundation has launched the Platåberget testnet, opening public testing before the Glamsterdam upgrade fork scheduled for August 20. This move allows developers to test the upcoming network changes in a sandboxed environment.

TREE NEWS update: Fundstrat reports that Bitcoin’s volatility has reached an all-time low, suggesting a potential significant price movement of 30% within the next 60 days. The analysis indicates that low volatility often precedes major market moves, making this a key signal for traders.

TREE NEWS reports: US banks significantly reduced their MicroStrategy (MSTR) holdings by 70% in Q2, while dramatically increasing positions in the ETHA ETF by 29 times. This shift indicates a strategic reallocation towards Ethereum-linked products.

TREE NEWS update: According to data from prediction market Polymarket, the probability that OpenAI will release Astra before August 31 has risen to 24%, up 8% in the past 24 hours. This reflects increased market speculation about the upcoming product launch.

TREE NEWS reports: Coinbase has added Cluster Protocol (CP) to its listing roadmap, signaling potential future trading support. This move reflects Coinbase’s ongoing efforts to expand its asset offerings despite market conditions.

TREE NEWS update: The European Union has expanded its crypto sanctions against Russia by adding 14 platforms to its transaction ban list and introducing provisions to allow comprehensive bans on related countries. This move tightens the bloc’s restrictions on digital assets in response to geopolitical tensions.

TREE NEWS reports: The current Crypto Fear & Greed Index stands at 40, indicating a state of fear in the market. This suggests that investors are cautious, potentially presenting a contrarian buying opportunity.

TREE NEWS update: 10x Research suggests that Bitcoin’s $63,000 level serves as a critical dividing line between a market bottom and a potential crash. The analysis highlights the significance of this price point for traders and investors.

TREE NEWS reports: Bithumb reported a net loss of 108.69 billion KRW (~$76.44M) for H1 2026, despite its core exchange business remaining profitable. The loss was driven by crypto asset disposal and valuation losses totaling ~$48M and a surge in litigation reserves to $27.8M after a regulatory fine. Revenue nearly halved to $119M amid market cooling and reduced marketing spend.

TREE NEWS reports: According to data, if Bitcoin falls below $60,941, the cumulative long liquidation intensity on major centralized exchanges (CEX) could reach $1.265 billion. This highlights a potential cascade of forced selling that may exacerbate downward price pressure.

TREE NEWS reports: Ripple is partnering with South Korea’s Jeonbuk Bank to deploy its cross-border payments platform, though specifics like launch timeline and settlement asset remain undisclosed. The move signals growing adoption of blockchain-based remittance solutions in traditional banking.

TREE NEWS reports: Data shows that if ETH surpasses $1,986, the cumulative short liquidation intensity on major CEXs could reach $809 million. This indicates a potential sharp price move and heightened volatility in the crypto market.

TREE NEWS update: The mastermind behind a $165 million crypto Ponzi scheme has been extradited to the US and now faces federal fraud charges. The individual was returned to face justice for orchestrating the fraudulent investment scheme.

TREE NEWS reports: Strategy’s STRC preferred stock has paid its semi-monthly dividend of $0.50 per share, with the next payment scheduled for August 31. This marks a routine distribution event for the company’s crypto-linked securities.

TREE NEWS update: Harmony Protocol suffered an attack that resulted in the illegal minting of 2.385 trillion ONE tokens. In response, the network will be rolled back to August 11 to mitigate the impact. The incident highlights security vulnerabilities in cross-chain bridges.

TREE NEWS update: US prosecutors charged Edward Zimbardi with running a $165 million crypto Ponzi scheme, alleging he lost over $34 million on currency trades and spent at least $10 million personally. He was deported from Fiji to face charges.