Flash News

TREE NEWS reports: Bitcoin multisig hardware wallet Frostsnap released v0.4.0, fixing two security issues with no reported user fund losses. One issue involved malicious signing requests that could mislabel outputs, and another caused change addresses to fall outside wallet recovery scan range. The update adds firmware downgrade protection and urges users to update promptly.

TREE NEWS reports: WEEX Labs reports that Nvidia’s better-than-expected guidance has lifted the compute/AI sector, with LITE token surging over 10% in 24 hours. The news highlights the positive sentiment in AI-related crypto assets.

TREE NEWS update: Bitget has launched a ‘Simple Earn’ dual-boost campaign offering up to 10% additional interest on USDT subscriptions. The promotion aims to attract users by enhancing yields on stablecoin deposits.

TREE NEWS reports: An attacker exploited a vulnerability in Enjin, extracting ENJ items from approximately 52 wallets, resulting in losses of about $142,000. The incident highlights ongoing security risks in the NFT/gaming token space.

TREE NEWS update: South Korean crypto exchange Upbit saw its 24-hour trading volume reach approximately $1.083 billion, a 53.2% increase from the previous 24-hour period. The surge reflects heightened trading activity in the crypto market.

TREE NEWS reports: Binance co-founder Changpeng Zhao (CZ) suggests that young entrepreneurs should first gain 2-5 years of experience at a large company to develop a specialized skill before founding their own venture. He emphasizes the importance of building expertise and learning corporate operations as a foundation for future success.

TREE NEWS update: Glassnode reports that the $81,000-$86,000 range forms a significant resistance wall for Bitcoin’s rebound. This zone is crucial for determining the strength of any upward movement.

TREE NEWS reports: A record short squeeze triggered a 26% rebound from mid-August lows, with Bitcoin now testing the $81K-$86K supply zone. ETF inflows hit $2.23B weekly, and on-chain data shows accumulation across all wallet cohorts. Breakout above $83.3K would signal strength, while losing $70K support would indicate weakness.

TREE NEWS reports: Binance co-founder CZ and co-founder He Yi reportedly used aliases inspired by ‘The Simpsons’ during internal company meetings. The playful pseudonyms highlight the executives’ casual approach to internal communications.

TREE NEWS update: Ethereum spot ETFs recorded a total net inflow of $192 million yesterday, marking the eighth consecutive day of inflows. This sustained momentum highlights growing institutional interest in ETH-based investment products.

TREE NEWS reports: The head of digital assets at BlackRock stated that the macro logic supporting Bitcoin continues to strengthen. This comment underscores growing institutional interest in Bitcoin as a macro asset.

TREE NEWS update: The current Crypto Fear & Greed Index stands at 70, signaling a state of greed among market participants. This suggests a bullish sentiment in the cryptocurrency market.

TREE NEWS update: Jeffrey Huang, known as Machi Big Brother, plans to acquire the social platform Friend.tech for $1 million and restart it through a CTO (Community Takeover). The move aims to revive the project after its decline.

TREE NEWS update: Data shows Binance experienced a net outflow of 32.3026 million USDT in the past hour. This could indicate market movement or investor behavior, but no further details were provided.

TREE NEWS update: Franklin Templeton’s Chief Investment Officer stated that the market is at a turning point where large investors are beginning to allocate to liquid crypto funds. This signals growing institutional adoption of digital assets as an asset class.

TREE NEWS reports: StarkWare has successfully tested a quantum-resistant Bitcoin transaction on mainnet, demonstrating that such spending is possible without a fork. However, the experimental transaction cost up to $200 and required direct submission to miners, highlighting current limitations.

TREE NEWS update: Silver trading is gaining momentum, with Gate.io’s XAG perpetual contract open interest consistently ranking among the top two in the industry. This highlights the growing interest in silver as a tradable asset on crypto platforms.

TREE NEWS update: Shanghai police have cracked a massive underground bank that used cryptocurrencies for cross-border currency exchange, involving over 20 billion yuan (~$2.8 billion). The operation highlights ongoing regulatory crackdowns on crypto-related financial crimes in China.