TREE NEWS update: Cronos validators rolled back the chain to before the Tectonic exploit, discarding nearly 11,000 blocks and erasing the attacker’s balances. However, $6.29 million already bridged to Ethereum remains beyond the rollback’s reach.
TREE NEWS update: A vulnerability in Balancer’s legacy v1 contracts could allow attackers to drain liquidity provider funds. Users are advised to withdraw from affected pools immediately. The team is investigating and will provide updates.
TREE NEWS reports: Coinbase CEO Brian Armstrong predicts that on-chain reputation systems will eventually replace traditional credit scoring, leveraging blockchain’s transparency and immutability. This shift could revolutionize access to financial services, especially for the unbanked.
TREE NEWS update: LIT token, issued by perp DEX Lighter, has surged nearly 5x from its March low to $3.79, with a market cap of $865M. The rally is fueled by Lighter’s US-centric positioning, CFTC advisory role, and exclusive perp engine deals with Telegram and Robinhood. Founder Vladimir’s high school friendship with Robinhood’s Vlad Tenev underscores the deep connection behind the Robinhood Chain integration.
TREE NEWS reports: Crypto projects spent a record $638 million on token buybacks so far in 2026, with Hyperliquid and Pump.fun accounting for nearly 90% of the total. This marks a growing trend of protocols using revenue for buybacks to return value to token holders.
TREE NEWS update: Float Protocol, a DeFi protocol, suffered a flash loan attack resulting in a loss of approximately $28,000. The incident highlights ongoing security risks in the DeFi space. Details of the attack are still emerging.
TREE NEWS update: Cronos, the blockchain by Crypto.com, halted its entire network after a $75 million exploit on the Tectonic lending protocol. Validators froze the chain, stranding most funds on the network, with only $6 million reaching Ethereum.
TREE NEWS reports: An attacker exploited Tectonic, a lending protocol on Cronos, by inflating its governance token’s value and borrowing against it, resulting in a $75 million loss. In response, Cronos validators froze the entire network to mitigate further damage.
TREE NEWS update: Solana validators narrowly approved SGP-0002, doubling the network’s disinflation rate, in its first network-wide governance vote. The proposal passed by a slim margin after Kraken and Galaxy switched positions in the final minutes.
TREE NEWS reports: Bitget’s PoolX platform has launched DGrid AI, allowing users to stake XAUT to earn DGAI token airdrops. This move integrates AI-related tokens into Bitget’s staking ecosystem, offering new yield opportunities for users.
TREE NEWS reports: Blockaid reported that an attacker exploited an Ankr liquid staking token and E-mode to overborrow from More Markets, draining approximately $9.3 million in WFLOW from a lending reserve. The incident highlights ongoing vulnerabilities in DeFi protocols.
TREE NEWS update: Pons, a token launch platform on Robinhood Chain, has seen its PONS token surge from $60M to $400M market cap in a week, now around $300M, driven by record token issuance and trading volumes. Daily protocol revenue hit $930K, surpassing Jupiter and Polymarket, with 80% of fees used to buy back and burn PONS, creating a positive flywheel. Sustainability depends on Robinhood Chain meme momentum and Pons’ market share.
TREE NEWS reports: HyperEVM’s ecosystem is heating up as HYPE hits new highs, with gas fees soaring above Ethereum’s. Meme coins like EGG and CHAMELEON have surged, while projects like Motion, Kinetiq, HyperLend, and Project X are gaining traction. The ecosystem’s sustainability remains uncertain as high fees may limit long-term growth.
TREE NEWS update: More Markets, a DeFi protocol, suffered an attack where the attacker siphoned off 15.5 million WFLOW tokens, impacting funds worth approximately $9.3 million. The incident highlights ongoing security vulnerabilities in the decentralized finance space.
TREE NEWS update: Venus Protocol has introduced a Liquidity Hub to serve as a unified entry point for liquidity, streamlining access to its decentralized lending services. The move aims to enhance user experience and capital efficiency within the Venus ecosystem.
TREE NEWS update: HyperliquidNews announced on X that the total result trading volume on Hyperliquid has surpassed $300 million. This milestone highlights the growing activity on the platform.
TREE NEWS reports: Bitget introduces a dual-benefit campaign for USDGO holders from Sept 1-30, offering up to 5% APR on holdings up to 20 million USDGO. Additionally, users can access interest-free borrowing on USDT up to 30% of their USDGO position, capped at 10 million USDT. No registration needed; eligibility is auto-verified.
TREE NEWS update: Bitget has introduced an exclusive ETH wealth management product for VIP users, offering a comprehensive APR of up to 4.5%. This move aims to attract high-tier users by providing enhanced yield opportunities on their ETH holdings.
TREE NEWS update: Wintermute’s short position on Hyperliquid has turned into a floating profit of $1.73 million. The move reflects a successful bearish bet amid market conditions.
TREE NEWS update: Hyperliquid’s permissionless HIP-4 deployment has kicked off with Outcome as the first builder, staking 500k HYPE (~$42M) as collateral, followed by Skew. Unit Labs, the team behind trade.xyz, is also preparing to enter, sparking a competition for prediction market dominance on Hyperliquid.