Flash News

TREE NEWS reports: Ethereum developers have proposed a major upgrade to the deposit contract to make staking quantum-resistant. The proposal allows validator keys to expand to 8,192 bytes and adds a mechanism to permanently retire current BLS signatures, enhancing security against future quantum threats.

TREE NEWS reports: A protocol upgrade from a CTDG Dev Hub participant separates consensus from execution, enabling nodes to agree on blocks before transactions are fully processed. This aims to solve scaling bottlenecks by allowing parallel validation.

TREE NEWS update: Flop Labs has announced the tokenomics for its FLOP token, allocating 20.4% to airdrops and 51.2% to miners. The breakdown aims to incentivize community participation and network security.

TREE NEWS reports: Strive, an asset manager, has become the seventh-largest public company holder of Bitcoin, with approximately $1.7 billion in BTC. This marks a significant institutional adoption milestone, reflecting growing corporate interest in Bitcoin as a treasury asset.

TREE NEWS update: Analysts argue that the ‘Bessent effect’ is unlikely to push Bitcoin into a true bull market, with the recent rally primarily driven by short covering rather than sustained demand. The outlook remains cautious as macroeconomic factors continue to weigh on the crypto market.

TREE NEWS update: DeFi Development Corp. has introduced a new real-time data and research platform tailored for Solana, aiming to enhance transparency and analytics within the ecosystem. The platform provides live metrics and insights to support developers and traders.

TREE NEWS reports: Bubblemaps reported that an attacker stole $50 million worth of NES tokens, but due to liquidity constraints, the actual profit was only $60,000. The incident highlights the challenges of liquidating large token holdings in illiquid markets.

TREE NEWS update: Pump.fun has integrated HyperEVM, enabling trading of tokens on that network directly within its application. This expansion broadens the platform’s reach beyond its original Solana-based ecosystem, catering to the growing demand for multi-chain meme coin trading.

TREE NEWS update: Avalanche’s treasury company reported a net loss of $44.7 million for Q2, with $35.7 million attributed to its AVAX token holdings. The loss highlights the impact of crypto market volatility on corporate treasuries.

TREE NEWS reports: Data shows that if Ethereum breaks above $2,576, cumulative short liquidation intensity on major centralized exchanges could reach $1.067 billion. This highlights a potential volatility trigger level for ETH traders.

TREE NEWS reports: The SEC’s proposed crypto asset regulation may not spark a new wave of ICOs. Analysts believe the regulatory framework could actually deter speculative token offerings.

TREE NEWS update: 21Shares highlights two Solana governance proposals that could reduce staking yields and enhance SOL scarcity. The proposals aim to adjust inflation and staking dynamics, potentially impacting SOL’s supply and value.

TREE NEWS reports: Ethereum developers have proposed an upgrade to the staking contract to defend against potential quantum computing threats. The initiative aims to future-proof the network’s security against quantum attacks.

TREE NEWS update: In the past 24 hours, total crypto liquidations reached $311 million, with long positions accounting for $251 million and shorts for $59.77 million. This indicates a sharp market move that caught leveraged bulls off guard.

TREE NEWS update: The SEC’s proposed ‘regulation crypto assets’ rules may create early-round FOMO, but many tokens could still fall into a gray area between security and non-security. The proposals are unlikely to trigger a new ICO boom.

TREE NEWS reports: The U.S. Securities and Exchange Commission has submitted a draft of new cryptocurrency custody regulations to the White House. The proposal aims to update rules for digital asset custody, potentially impacting how crypto firms safeguard client funds. This move signals continued regulatory focus on the crypto sector.

TREE NEWS update: Bitcoin’s price has fallen below $78,000, marking a significant decline. This move reflects ongoing volatility in the crypto market amid broader economic uncertainty.

TREE NEWS reports: Coinbase executives have published an article refuting arguments from the banking industry against stablecoin rewards. They argue that such opposition is unfounded and that stablecoin incentives benefit consumers and the broader financial system. The piece aims to counter regulatory pushback and promote the adoption of stablecoins.