Flash News

TREE NEWS reports: BitGo, a leading digital asset custody firm, has acquired NYDIG’s institutional trading business and related assets. This move strengthens BitGo’s trading capabilities and expands its institutional offerings in the crypto market.

TREE NEWS update: The U.S. Treasury named digital assets as one of five sanctionable Iranian sectors, but Coin Center’s Peter Van Valkenburgh notes that no crypto protocol is designated, leaving the status of nodes, miners, and developers open. He argues that DeFi infrastructure may not be prohibited under the sanctions.

TREE NEWS update: Starkware announced that Bitcoin has completed its first experimental quantum-safe transaction, using existing rules to protect funds from future quantum attacks without a network upgrade. The test demonstrates a potential safeguard for Bitcoin against quantum computing threats.

TREE NEWS reports: The Ethena Foundation bought out seed investors who sold ENA, except one wallet that refused, and has put a fee switch to a vote. However, the first buyback trigger requires USDe supply to nearly double from current levels.

TREE NEWS update: Solana’s native token SOL has surged past the $110 mark, according to data. The price movement reflects renewed market interest in the cryptocurrency.

TREE NEWS reports: France’s tax authority suffered a cyberattack, compromising personal data of approximately 678,000 individuals and businesses. The breach raises concerns about data security and potential identity theft, though no direct link to crypto or RWA is mentioned.

TREE NEWS reports: Google’s Android 17 introduces a new privacy feature that scrambles the site name in web requests, which previously traveled in clear text. However, this does not fully hide your browsing activity, as other data may still be exposed.

TREE NEWS update: Bitcoin wallet Sparrow released version 2.5.4 with fixes from an AI-assisted review. Developer Craig Raw said the updates likely don’t endanger user funds.

TREE NEWS update: Aave V4 has reached $806 million in deposits, marking a 30% increase over the past week. This growth reflects rising demand for DeFi lending services.

TREE NEWS reports: NVIDIA is organizing an event targeting the financial sector, signaling its growing focus on AI applications in finance. The event may highlight AI’s role in trading, risk management, and other financial services.

TREE NEWS reports: Bitcoin surged past $80,000 while Charles Schwab announced it will add Solana, Avalanche, and Chainlink to its retail crypto platform, boosting SOL by 12.9%. Ethena also gained 21.9% after proposing to route 95% of net revenue into ENA buybacks.

TREE NEWS update: Aave V4 deposits surged 30% in a week to $806 million, with EtherFi Cash as its second-largest market at $257 million. Meanwhile, Aave V3 retains a much larger $31 billion deposit base, indicating V4’s early traction.

TREE NEWS update: SATA, a crypto investment firm, purchased 1,084 Bitcoin this week, representing over 5% of its total holdings. This significant accumulation reflects continued institutional interest in Bitcoin as a treasury asset.

TREE NEWS reports: In the latest market data, MOVE token has surged over 14%, while PROM has declined over 10%. These significant price movements reflect ongoing volatility in the crypto market.

TREE NEWS update: Genius Group, an NYSE-listed AI education firm, announced plans to build parallel AI and bitcoin treasuries totaling $1.6 billion, aiming for $2 billion in total assets by fiscal year. This comes months after the company liquidated its entire bitcoin holdings.

TREE NEWS reports: Japan’s bitcoin sector has introduced the Aurora payment platform, aiming to facilitate bitcoin transactions. This move could enhance crypto adoption in the region.

TREE NEWS reports: Bitcoin options worth $6.44 billion are set to expire today, potentially triggering increased market volatility. This significant expiration event could influence short-term BTC price movements.

TREE NEWS update: Deribit’s Friday settlement covers nearly a fifth of the exchange’s Bitcoin open interest, with max pain sitting well below current BTC prices. This could lead to increased volatility as traders position ahead of the expiry.

TREE NEWS update: Bitcoin’s price edged higher, approaching $81,000, as markets awaited Kevin Warsh’s first major speech as Federal Reserve chairman at the Jackson Hole symposium. Traders are positioning for potential policy signals that could impact risk assets.