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Flash News

24/7 coverage of global Web3 & AI markets

Sep 1
23:39

Circle and OKX have announced a partnership to expand USDC liquidity and trading utility. The collaboration aims to enhance the stablecoin’s accessibility and use across OKX’s platform.

Crypto
23:39

A whale reportedly sold 95 Bitcoin (worth approximately $7.32 million) through an over-the-counter (OTC) transaction. The move suggests large-scale distribution by a major holder.

Crypto
23:35

BitcoinIRA has introduced Freedom Accounts, a new taxable cryptocurrency account option for investors. The offering aims to provide more flexibility beyond traditional retirement accounts, allowing users to trade digital assets without the restrictions of tax-advantaged IRAs.

CryptoRegulation
23:35

Hyperliquid Strategies has expanded its equity facility to $2.5 billion from $1 billion. As of June 30, the firm has sold approximately $647 million worth of shares.

Crypto
23:25

S&P Dow Jones Indices has partnered with Kaiko to launch the S&P Kaiko Digital Asset Index, offering institutional-grade benchmarks for digital assets. The index aims to provide transparent and reliable pricing data for the crypto market, bridging traditional finance and digital assets.

CryptoUS Stocks
23:20

Singapore’s central bank, MAS, has proposed that stablecoin issuers must maintain 100% reserves and are prohibited from offering yield to holders. The measure aims to ensure stability and consumer protection in the digital asset space.

CryptoRegulation
23:16

SlowMist reported a security breach in the GebProxyActions contract, where an access control vulnerability resulted in the theft of 5.9436 ETH. The incident highlights ongoing risks in DeFi smart contracts.

CryptoDeFi
23:14

ARB rose nearly 30% in a day as Robinhood Chain generated over $2M in daily on-chain revenue, with ~10% flowing back to Arbitrum. The growth, from $54K to over $1M in eight days, marks a potential milestone for L2 token value capture.

CryptoDeFi
23:05

CASHCAT’s market capitalization reached an all-time high of $267 million, marking a 16% increase in the past 24 hours. The surge reflects strong market momentum for the token.

Crypto
23:05

Prediction market platform Kalshi has applied to launch perpetual futures on foreign exchange and interest rates, expanding beyond event contracts. The move signals growing convergence between prediction markets and traditional financial derivatives.

CryptoRegulation
23:05

Over 17% of tokenized stocks on Robinhood Chain are locked in meme coin trading pairs, which account for 31% of trading volume. This highlights the significant role of meme coins in driving activity on the platform.

RWACrypto
23:05

According to RootData, MGO tokens worth approximately $1.24 million will be unlocked in one week. The unlock event is scheduled to occur as part of the token’s vesting schedule.

Crypto
23:00

According to RootData, AVNT tokens worth approximately $1.89 million will be unlocked in one week. This event may increase circulating supply and potentially impact the token’s price.

Crypto
23:00

TD Cowen has lowered its year-end Bitcoin price target to $97,500 and reduced its price target for Strategy (formerly MicroStrategy) to $260. The adjustments reflect a more cautious outlook on the crypto market amid ongoing volatility and macroeconomic pressures.

CryptoUS Stocks
22:49

Chinese AI startup Zhipu has launched an official flagship store on Tmall, offering Coding Plan subscription packages. This move marks Zhipu’s expansion into e-commerce channels to reach more customers.

AI × Crypto
22:35

Arbitrum has accumulated approximately $1.3 million in revenue share from Robinhood Chain, reflecting growing adoption of its Layer 2 technology. Meanwhile, ARB token surged 46.7% over the past two weeks, highlighting positive market sentiment.

CryptoDeFi
22:35

The meme coin microduck saw its market capitalization briefly surpass $28 million, according to market data. The surge highlights continued speculative interest in meme tokens despite broader market volatility.

Crypto
22:35

Huang Licheng, a prominent crypto investor, holds a long ETH position worth nearly $100 million that is only $63 away from its liquidation price. This highlights the high leverage and risk in the current market.

CryptoDeFi
22:27

Data shows that a BIT-affiliated entity has increased its long ETH position to 33,000 ETH, valued at $79.3 million. This move indicates growing bullish sentiment on Ethereum among institutional players.

Crypto
22:20

Google announced that memory costs for AI servers have surpassed 75% of total server costs, prompting a dual-track strategy combining hardware and software optimizations. The company aims to reduce memory expenses through custom silicon and software-level memory management, addressing the rising demand for AI compute.

CryptoMacro
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