Flash News

TREE NEWS reports: Better and Coinbase have launched a crypto-backed mortgage product allowing US homebuyers to pledge Bitcoin as collateral for a down payment, avoiding the need to sell their holdings. This integration bridges traditional real estate financing with crypto assets, offering a novel liquidity solution for Bitcoin holders.

TREE NEWS update: Bitwise has received and staked 39,218 HYPE tokens (including native Hyperliquid tokens) worth approximately $3.161 million in the past 24 hours, according to HyperliquidNews monitoring. This move signals institutional interest in the Hyperliquid ecosystem.

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: 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 reports: Revolut has launched its euro-pegged stablecoin, EURR, initially available to selected customers in Denmark, Poland, and Portugal. The reserves are held by a Luxembourg subsidiary of Stripe, marking Revolut’s entry into the stablecoin market.

TREE NEWS update: Ripple’s stablecoin RLUSD has exceeded a $2 billion market cap, with nearly $1 billion issued on the XRP Ledger. This milestone highlights the growing adoption of RLUSD in the crypto ecosystem.

TREE NEWS update: LayerZero announced ATLAS, a new settlement engine, during its Morning Minute update. The market reacted positively, with ZRO token rising 10% and climbing nearly 50% from its local bottom.

TREE NEWS reports: Binance co-founder Changpeng Zhao (CZ) stated that if Hyperliquid enters the US market, it could open up market space for more decentralized products, marking a major positive for the entire crypto industry. He suggested that such a move would likely be a significant milestone for the sector.

TREE NEWS update: HyperCore has launched its manual borrowing feature on the testnet, allowing users to test the new functionality. However, on the mainnet, borrowing remains limited to portfolio margin accounts, indicating a gradual rollout.

TREE NEWS update: OKX has introduced the AEON Flash Earn Lite campaign, offering users new opportunities to earn rewards. The initiative leverages AEON tokens within OKX’s earn products, reflecting ongoing engagement with emerging crypto assets.

TREE NEWS update: Hyperliquid has introduced a USDC yield mechanism, which will be used to repurchase and burn its native token HYPE. This move aims to reduce supply and potentially increase token value, aligning incentives with token holders.

TREE NEWS update: Revolut has introduced its euro-denominated stablecoin, EURR, initially covering Denmark, Poland, and Portugal. This move marks Revolut’s expansion into the stablecoin market, competing with established players like Circle’s EURC.

TREE NEWS reports: Cumulative transaction volume via stablecoin cards has reached $13.8 billion, with USDC dominating consumer spending. The data underscores the growing real-world adoption of stablecoins for payments.