Flash News

TREE NEWS update: A Public Citizen report claims that crypto projects linked to Trump have caused investors at least $4.7 billion in losses. The report highlights potential risks and conflicts of interest associated with political figures endorsing crypto ventures.

TREE NEWS reports: Asset manager Bitwise has deposited and staked 82,584 HYPE tokens, valued at approximately $7.13 million, according to HyperliquidNews monitoring. This move signals growing institutional interest in the Hyperliquid ecosystem.

TREE NEWS reports: Public Citizen reports that investors lost $4.7 billion in Trump-linked crypto ventures, though World Liberty Financial’s USD1 stablecoin has not caused major losses. The losses stem from various Trump-branded crypto projects.

TREE NEWS update: Bitcoin has surged past the $80,000 mark, setting a new record high. The rally comes amid growing institutional adoption and positive market sentiment.

TREE NEWS reports: Grayscale suggests Zcash’s growing privacy demand could challenge Bitcoin’s network effects, noting ZEC’s 19x rise in a year but its sub-1% share of Bitcoin’s market cap leaves room for upside.

TREE NEWS reports: The first post-quantum Bitcoin transaction was broadcast this week, announced at Bitcoin Asia by the Sharknet Foundation. This milestone demonstrates quantum-resistant technology on Bitcoin without requiring a fork.

TREE NEWS update: Ledger clarified it was not hacked, as OneKey’s demonstration of a vulnerability in an outdated Ethereum app was already patched. The exploit could have signed transactions different from those displayed on the device, but the fix was deployed prior to the disclosure.

TREE NEWS reports: Ethena announced a tokenomics reform, leading to a 23% surge in ENA within 24 hours. The reform likely aims to adjust token distribution or incentives to improve sustainability.

TREE NEWS reports: Bitcoin holds above $80,000 as the Federal Reserve’s Jackson Hole symposium begins, with an agenda focused on payments and financial infrastructure for the first time in 40 years. This shift highlights the growing intersection of crypto and traditional finance.

TREE NEWS update: Bitcoin and crypto joined US stock markets in fresh gains after Nvidia Q2 earnings beat expectations by around $4 billion. The upbeat results lifted risk appetite across asset classes, with Bitcoin eyeing the $81K level.

TREE NEWS update: Moonwell, a lending protocol on Base, suffered an $8.7 million loss due to price manipulation of the MAMO token. The attacker inflated the token’s price and borrowed against it, prompting the protocol to cut borrow caps on all core markets to one wei.

TREE NEWS reports: An anonymous hacker who leaked GTA 6 footage launched a meme coin, $CYBERLEEK, which surged to ~$25M market cap in 9 days. Hours before Rockstar’s official reveal, the creator dumped holdings, realizing over $250K in SOL. The incident highlights the intersection of gaming leaks and crypto speculation.

TREE NEWS reports: According to Hyperbot data, Machibig Bro (Huang Licheng) has opened another 10x leveraged long position on PUMP, now holding 400 million PUMP tokens worth approximately $1.98 million, with an unrealized loss of $12,700.

TREE NEWS update: StarkWare has confirmed a quantum-resistant Bitcoin transaction on mainnet, featuring a 10,000-satoshi input and a 5,179-satoshi fee. The claims of quantum resistance are based on StarkWare’s assertions and the method’s author, with the onchain record serving as evidence.

TREE NEWS update: Glassnode reports that 1.05 million BTC are held in the $83,000-$86,000 range, indicating strong long-term holder accumulation. This zone may act as significant support for Bitcoin’s price.

TREE NEWS reports: The president of the Polish Olympic Committee has been arrested on charges of accepting bribes in cryptocurrency. The arrest highlights the growing use of digital assets in corruption cases and the increasing scrutiny of crypto in law enforcement.

TREE NEWS reports: Liminal Money, a yield project on Hyperliquid, has enabled portfolio margin to boost returns. It now offers 30% APY via xHYPE capturing Hyperliquid funding rates, 17% via limUSD, and 15% via xBTC for Bitcoin funding.

TREE NEWS update: Binance founder Changpeng Zhao suggests Bitcoin could surpass gold’s market cap in the next bull run, noting gold is currently worth about ten times more than BTC. He acknowledges that countries face a lengthy process to shift reserves into Bitcoin.