TREE NEWS reports: Bitcoin is advancing toward post-quantum security, while Solana validators have approved a measure to reduce inflation by cancelling 18.9 million SOL. Bernstein analysts predict Bitcoin could peak at $500,000 this cycle.
TREE NEWS reports: Data shows that if Ethereum (ETH) falls below $2,388, the cumulative long liquidation intensity across major centralized exchanges (CEXs) could reach $903 million. This highlights significant liquidation risk in the market.
TREE NEWS reports: Cronos Network has suspended operations following an attack on Tectonic, a DeFi lending protocol, with estimated losses of around $75 million. The incident underscores ongoing security challenges in the DeFi space.
TREE NEWS update: Outcomes, a prediction market on Hyperliquid, surpassed $1 million in trading volume within 24 hours, a first since July 30. @Outcomexyz contributed $661,000 of that volume.
TREE NEWS reports: Yi Lihua, a prominent crypto investor, believes that on-chain finance is unlocking new possibilities and that a new bull market is imminent. He emphasizes the growing convergence of traditional finance and decentralized finance, which could drive the next wave of growth.
TREE NEWS update: Data shows that on Hyperliquid, there are currently 6 positions exceeding $100 million and 18 positions exceeding $50 million, indicating significant whale activity on the platform.
TREE NEWS reports: Pons protocol has climbed to 8th place in 24-hour protocol revenue rankings, overtaking Polymarket and fomo. This reflects strong recent activity in the DeFi sector.
TREE NEWS update: Crypto market makers are profiting from basis trades during the Bitcoin rebound, focusing on arbitrage rather than directional bets. This strategy highlights the growing sophistication of market participants in the current market conditions.
TREE NEWS reports: Data shows that whales on the Hyperliquid platform currently hold positions totaling $7.205 billion, with a long/short ratio of 0.9. This indicates a slightly bearish sentiment among large traders on the platform.
TREE NEWS update: JaredfromSubway.eth, a notorious sandwich attack bot, has extracted approximately $295 million in total. In June, the bot suffered a $7.5 million theft, highlighting security risks in MEV operations.
TREE NEWS reports: Pons generated $630K in 24h, totaling $8.24M, with V2 deploying 16K tokens (70% of Robinhood Chain). A whale lost $362K on Hyperliquid, Fogo paused mainnet to prevent theft, and Clutch Markets will launch Leverage Machine in September.
TREE NEWS reports: Pons, a DeFi protocol, reported over $630,000 in revenue over the past 24 hours, indicating strong recent activity. This performance highlights the ongoing growth and usage within the decentralized finance ecosystem.
TREE NEWS update: A whale has initiated their first leveraged trading on Hyperliquid, opening long positions in ETH and BTC worth $43.24 million. The positions are currently showing an unrealized loss of $362,000, highlighting the risks of high-stakes trading on the platform.
TREE NEWS reports: The Ethena Foundation proposes ending monthly investor unlocks and, after reaching a USDe milestone, will use 95% of net income to buy back ENA tokens. This move aims to enhance tokenomics and align incentives with the community.
TREE NEWS reports: Solana’s proposal to reduce inflation has passed with 67% support. Helius CEO Mert Mumtaz lobbied in the final stages to secure the vote.
TREE NEWS update: Cosmos Labs acknowledged misjudging a vulnerability that led to attacks on six chains, resulting in a $5.7 million loss. The incident highlights security risks in the Cosmos ecosystem.
TREE NEWS reports: Crypto researcher Adam reports that Robinhood DEX trading activity has surged again, with 24-hour volume hitting $582 million, indicating renewed interest in the platform.
TREE NEWS update: Data shows that the total value locked (TVL) in DeFi protocols on Robinhood Chain has reached approximately $680 million, marking a 17.78% increase over the past week. This growth highlights the expanding DeFi ecosystem on the platform.
TREE NEWS reports: GoPlus has revealed that the initial funds for the GOLD token developer can be traced back to KuCoin, and the same developer also deployed a malicious token named PLATINUM. This raises concerns about potential nefarious activities within the crypto ecosystem.
TREE NEWS update: Starkware announced the successful completion of a quantum-resistant transaction on the Bitcoin mainnet, achieved without requiring a soft fork. This milestone demonstrates the potential for advanced cryptographic techniques to enhance Bitcoin’s security against future quantum threats.
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