Flash News

TREE NEWS reports: Machi Big Brother (Huang Licheng) refuted rumors of an 84x portfolio gain as fake news. Earlier reports claimed he turned $150K into $11.15M during last week’s crypto rally, reducing his historical ETH long losses to about $24M.

TREE NEWS update: City Protocol has completed a cumulative $11 million funding round with participation from Dragonfly, Jump Crypto, and CMT Digital. The funds will support the development of its blockchain protocol.

TREE NEWS reports: Data shows that the total open interest of BTC contracts across the market decreased by 5.1% in the past 24 hours. This indicates a reduction in leveraged positions, possibly reflecting market caution or profit-taking.

TREE NEWS reports: Stablecoin issuer Circle has minted an additional 5 billion USDC over the past week, according to data. This significant issuance reflects growing demand for the stablecoin.

TREE NEWS update: The main suspect in a Czech darknet money laundering case has signaled willingness to cooperate, potentially involving a $44 million Bitcoin donation. This development could impact the investigation and the handling of the seized assets.

TREE NEWS reports: Ringg, a crypto-related company, completed a Series A extension round at a $15.5 million valuation, with Peak XV Partners as the lead investor. The funding will support its continued growth and development.

TREE NEWS reports: Yzi Labs (formerly Binance Labs) unveiled its EASY S4 cohort of 24 projects spanning on-chain trading, stablecoins, privacy, AI agents, and biotech. The portfolio emphasizes DeFi infrastructure, cross-border payments, and AI-driven tools, signaling a push to broaden on-chain economy beyond finance. Notable picks include Nexroute, Neutral Trade, XStable, and De¹.

TREE NEWS update: AEON disclosed its AI payment metrics on BNB Chain, recording over 1.4 million transactions totaling more than $14.73 million. This highlights the growing adoption of AI-powered payment solutions within the crypto ecosystem.

TREE NEWS update: BlackRock has reduced the minimum threshold for converting BTC into its IBIT fund to $1 million, while Bitwise has set its threshold at $3 million. This move aims to attract smaller investors and increase accessibility to Bitcoin exchange-traded funds.

TREE NEWS reports: Chainalysis has identified over 29,000 cryptocurrency addresses linked to child sexual abuse material (CSAM) networks across 125 countries through its ‘Operation Lighthouse’ initiative. The investigation highlights the use of crypto in illicit activities and the firm’s role in aiding law enforcement. This underscores ongoing efforts to combat financial crimes in the digital asset space.

TREE NEWS reports: GMGN data shows that among smart money tracked addresses, nosis recorded the highest net inflow over the past 24 hours. This indicates notable accumulation by savvy investors in the crypto market.

TREE NEWS reports: Market maker Wintermute has cut its short position on Hyperliquid by $131 million, reducing its exposure. The firm still holds a short position of $80.48 million, indicating ongoing bearish sentiment.

TREE NEWS update: Data shows Binance experienced a net outflow of $226 million USDT over the past 24 hours. This may indicate large withdrawals or market movements.

TREE NEWS reports: The retrial of Tornado Cash developer Roman Storm has been postponed to April 2027. This delay extends the legal uncertainty for the crypto privacy tool, with implications for developers and the broader DeFi ecosystem.

TREE NEWS update: The USDC Treasury has newly minted 500 million USDC on the Solana blockchain over the past six hours, according to data. This significant issuance increases the circulating supply of the stablecoin on the network.

TREE NEWS update: Linera has opened pre-registration for its LNRA token sale and published its tokenomics model. The project aims to support scalable blockchain applications with its microchain-based architecture.

TREE NEWS reports: Bitwise’s CEO announced that the firm’s assets under management are approaching $1 billion. The Bitwise Solana Staking ETF attracted $45 million in inflows during the first two days of this week.