TREE NEWS reports: Cronos network has resumed block production after a temporary halt caused by a vulnerability in the Tectonic protocol. The incident underscores ongoing security challenges in DeFi.
TREE NEWS update: Bitget’s GetAgent Playbook has introduced a smart grid trading strategy, allowing users to automate trading within price ranges. This feature integrates AI-driven agents for enhanced trading efficiency on the platform.
TREE NEWS update: Solana-based automated market maker Aquifer suffered an attack, resulting in losses of approximately $2.5 million. The incident highlights ongoing security risks in DeFi protocols.
TREE NEWS reports: USDC Treasury has minted an additional 250 million USDC on the Solana blockchain. This increases the stablecoin’s supply on the network, reflecting growing demand for USDC within the Solana ecosystem.
TREE NEWS update: Data shows that whales on the Hyperliquid platform currently hold positions totaling $7.395 billion, with a long/short position ratio of 0.92. This indicates a slightly higher short interest among large traders, reflecting cautious sentiment in the market.
TREE NEWS reports: A user fell victim to a phishing attack again because they failed to revoke a malicious approval, losing a total of $219,000 across two incidents. The incident highlights the importance of revoking token approvals to prevent unauthorized transfers.
TREE NEWS update: Data shows that if Ethereum falls below $2,353, cumulative long liquidation intensity on major centralized exchanges could reach $1.077 billion. This highlights significant leverage risk in the market as ETH faces potential downside pressure.
TREE NEWS update: DeFi Development Corp. announced plans to issue up to $20 million in perpetual preferred stock, with a portion of the proceeds used to increase its SOL holdings. The move signals continued institutional interest in Solana’s ecosystem and DeFi-related investment vehicles.
TREE NEWS update: Ankr’s ankrFLOW contract was exploited, prompting the Flow Foundation to commit to covering the losses. The incident highlights ongoing security challenges in the DeFi space.
TREE NEWS reports: Robinhood Chain’s decentralized exchange achieved a single-day trading volume of $989 million, setting a new record. This milestone highlights the growing adoption of its blockchain-based trading platform.
TREE NEWS reports: Applications on the two-month-old Robinhood Chain network earned $2.66 million in 24 hours, ranking second behind Solana, with a memecoin launchpad as the biggest single source. This marks a significant milestone as the new chain surpasses Ethereum in daily app revenue.
TREE NEWS reports: Solana network fees have reached an all-time high, indicating strong network activity. In parallel, the SGP-0002 proposal to reduce inflation has been approved, marking a significant governance decision for the network.
TREE NEWS reports: A whale who bought 488,600 HYPE tokens from FalconX five months ago for ~$17.18M has seen the position grow to ~$41.09M, an unrealized profit of ~$23.91M (139% return). The whale has now staked all HYPE tokens on Hyperliquid, according to Onchain Lens.
TREE NEWS update: Hyperliquid is negotiating with the parent company of Kraken to potentially offer perpetual futures contracts to US users. This move could expand Hyperliquid’s reach into the American market, pending regulatory considerations.
TREE NEWS reports: Hyperliquid is reportedly in discussions with Payward, Kraken’s parent company, to offer its perpetual futures to US traders via the regulated Bitnomial exchange. This would mark Hyperliquid’s first US expansion, following President Trump’s recent remarks about bringing the platform onshore.
TREE NEWS update: BitMine has staked 5.07 million ETH, representing 4.9% of the total Ethereum supply. This significant stake highlights the growing trend of institutional participation in Ethereum staking.
TREE NEWS update: BitMine’s staked ETH balance held at 5.07 million (valued at $12.7 billion) for the fourth consecutive week, while the company added 53,501 ETH to its treasury. It also reported $335 million in annualized staking revenue, indicating stable operations.
TREE NEWS update: Fogo’s mainnet has been halted for 46 hours following the theft of 400 million FOGO tokens, with no restart time announced. The incident highlights security vulnerabilities in blockchain networks, impacting user funds and network operations.
TREE NEWS reports: Primus has secured an investment from YZi Labs and launched its Confidential Vault product on BNB Chain. The move aims to enhance privacy and security for on-chain data management, marking a step forward in the integration of confidential computing with blockchain.
TREE NEWS update: Balancer has alerted users of its deprecated V1 pools to withdraw liquidity, noting that these pools are non-pausable. The warning follows a ~$234,000 drain attributed by SlowMist to a fixed-point rounding flaw.