Flash News

TREE NEWS reports: Crypto futures liquidations across exchanges totaled $188 million in the past 24 hours, with long positions accounting for $157 million and shorts $31.75 million, CoinGlass data shows. ETH liquidations reached $69.99 million and BTC $42.19 million, while the single largest liquidation was a $10.21 million order on Binance’s ETHUSDT pair.

TREE NEWS update: USDC Treasury minted approximately 111 million USDC on the Ethereum blockchain at 21:25 Beijing time on September 12. The new issuance brings the total freshly minted supply of the Circle-issued stablecoin to roughly 111 million tokens in a single transaction batch. No further details on the purpose of the mint were disclosed.

TREE NEWS reports: StonkFun generated $1.84 million in revenue over the past 24 hours, surpassing Hyperliquid’s $1.13 million, Pump.fun’s $1.22 million, Fomo’s $1.20 million and GMGN’s $1.60 million. Pons did not appear on the list of protocols with 24-hour revenue above $1 million.

TREE NEWS reports: Robinhood Chain’s revenue fell to $841,178 on September 11, down 85% from its roughly $5.44 million peak on September 4, marking a third straight day below $1 million. The chain’s 24-hour DEX trading volume stood at about $2.498 billion, while its 7-day revenue was $10.55 million and 30-day revenue was approximately $32.29 million.

TREE NEWS update: Vitalik Buterin has highlighted progress on EIP-8141, or Frame Transactions, which would let Ethereum users pay gas without holding ETH. Under the design, a Paymaster or another account settles ETH-denominated network fees on the user’s behalf, while the user reimburses it in USDC or another ERC-20 token. The proposal does not replace ETH as Ethereum’s underlying gas and settlement asset; it shifts where ETH demand sits, from individual wallets to paymasters, wallet providers and apps.

TREE NEWS update: Coinbase Wallet has rolled out Pulse mode, a simpler and more playful way to trade perpetual futures, CEO Brian Armstrong said on September 12. Users can download the app to try the feature. The launch extends Coinbase’s push into onchain perpetuals through its self-custody wallet.

TREE NEWS reports: Loracle (0x8def…92dae) partially closed its HYPE short and sold spot tokens, realizing a $3.92 million loss, on-chain data shows. The trader still holds a 191,940 HYPE short worth $15.33 million, with an unrealized loss of $4.97 million. Loracle’s losses over the past 30 days total $16.41 million, bringing cumulative losses to $28.58 million.

TREE NEWS update: Daniele Sesta said Equilibra, a custom automated market maker with adaptive fees and optional auto-repeg, is now testing on Robinhood Chain and sits under the HeyAnon token. ANON tripled after the deployment, a day after the token set an all-time low.

TREE NEWS reports: Robinhood Chain’s daily revenue fell 83% to $943,728 on Sept. 10, down from a $5.44 million peak on Sept. 4 and its lowest daily take since Aug. 29. Transactions were flat, while decentralized exchange volume rose 27% over the week. Average gas cost per transaction dropped to $0.077, versus $0.43 at the peak.

TREE NEWS reports: A Fireblocks custody wallet (9Ryc…G4xfCxk) deposited 19.4 million Trump-backed USD1 tokens into Binance in the past hour. Over the past 13 days, the same wallet has transferred roughly 149.8 million USD1 to the exchange.

TREE NEWS reports: Standard Chartered Bank has initiated coverage of Sky, calling it “DeFi’s federal bank,” and expects the SKY token to rise to $0.325 by end-2028. The bank’s price target implies a roughly fivefold increase from current levels.

TREE NEWS reports: Robinhood Chain has posted four consecutive days of declining revenue, with the past 24 hours at $943,728 — the second straight day below $1 million. The chain’s seven-day revenue stands at $15.15 million and 24-hour DEX volume at roughly $1.82 billion. It had previously set a single-day record of about $6 million before the metrics turned down.

TREE NEWS update: US federally chartered crypto bank Anchorage Digital will give institutional clients access to Frgmnt’s fUSD stablecoin through its custody platform, allowing them to hold, mint, redeem and stake the token. The arrangement extends Anchorage’s custody and settlement services to a stablecoin issued by Frgmnt.

TREE NEWS reports: Crypto exchanges liquidated $522 million across the market in the past four hours, with short positions accounting for $350 million and long positions $172 million, Coinglass data shows. ETH liquidations totaled $268 million and BTC liquidations reached $161 million, making ether the largest single contributor to the wipeout.

TREE NEWS reports: Crypto futures liquidations across all exchanges reached $684 million over the past 24 hours, with short positions accounting for $423 million and longs $261 million, CoinGlass data shows. Bitcoin liquidations totaled $182 million and Ethereum $262 million. The largest single liquidation, worth $20.28 million, occurred on a HYPERLIQUID-ETH-USD contract.

TREE NEWS reports: Standard Chartered’s Geoff Kendrick forecasts the SKY token will rise five-fold to $0.325 by the end of 2028, calling the Sky protocol “DeFi’s federal bank.” The thesis is built on growth in USDS supply and the value the protocol passes to token holders.

TREE NEWS update: Spark has opened its USDT savings vault to OKX users, with the exchange routing USDT deposits into the vault on X Layer, OKX’s own Layer 2 network. The vault currently holds under $500, and Spark’s risk reviewers noted the chain can be upgraded by its operator without delay.

TREE NEWS update: Blockstream has rejected a ransom demand tied to an exploit on its Liquid Bitcoin sidechain. Liquid said on Sept. 8 that 3,400 BTC had been returned and about 598.5 BTC remained outstanding. Transactions later resumed with peg-outs disabled, leaving the outstanding bitcoin unredeemed.

TREE NEWS reports: Uniswap’s protocol fee mechanism, activated in late December 2025 under the UNIfication overhaul, generated $28.2 million in protocol revenue from January to July 2026, equal to about 9.5% of the $297.9 million in total trading fees over the period, Token Terminal data show. Trading volume reached $357.6 billion across the seven months. Captured fees accumulate in the TokenJar contract and drive UNI burns via Firepit; a one-time treasury burn of 100 million UNI was also executed.