TREE NEWS reports: The meme coin ‘Lobster’ saw its market cap briefly surpass $48 million, surging over 62% in a day. This rapid price movement reflects ongoing speculative interest in meme tokens.
TREE NEWS update: A wallet suspected to belong to BitMine has accumulated 20,000 ETH, valued at approximately $48.89 million, over the past 50 minutes. The large purchase suggests significant buying activity by a major player.
TREE NEWS reports: The Robinhood ecosystem token PONS has seen its market capitalization surpass $80 million, setting a new all-time high. This milestone reflects growing interest in the token within the crypto community.
TREE NEWS reports: Dunamu, the operator of Upbit, has become the first cryptocurrency exchange in South Korea to integrate with the government’s administrative information sharing system. This move enhances regulatory compliance and operational transparency for the exchange.
TREE NEWS update: The FH token on the BSC chain suffered an attack, resulting in a loss of approximately $20,000. The incident highlights ongoing security risks in the DeFi space.
TREE NEWS update: X’s former product lead revealed that the platform will soon support crypto trading features, including pasting contract addresses for new tokens. Meanwhile, Zhou Guren, the largest buyer of Trump-linked WLFI tokens, has been listed as a judgment defaulter in China, owing tens of millions. India plans to issue its first tokenized bond in September, and Japan is exploring a blockchain-based settlement system for stocks and bonds.
TREE NEWS update: On-chain data shows 14.65 million EIGEN tokens were transferred to Coinbase Prime, while Polychain still holds 70.29 million EIGEN in its address.
TREE NEWS reports: In the past 24 hours, the crypto market saw $621 million in total liquidations, with long positions accounting for $321 million and short positions for $300 million. This indicates significant market volatility and leveraged trading activity.
TREE NEWS reports: Shinhan Financial Group has partnered with Visa to explore stablecoin and AI-based payment solutions. The collaboration aims to enhance the efficiency and innovation of financial services by integrating blockchain and AI technologies.
TREE NEWS update: Caixin reports that Zhou Guren, the largest backer of the Trump family’s token, has been listed as a dishonest person (失信人) in China. This development raises concerns about the credibility and regulatory implications surrounding the token’s promotion.
TREE NEWS reports: Generalist, a company, has raised nearly $200 million in additional funding at a $3 billion valuation, with 8VC leading the round. This investment is not directly related to real-world asset tokenization.
TREE NEWS update: Binance has launched trading for bStocks tied to Trump Media & Technology Group (DJTB), expanding its tokenized equity offerings. This move integrates traditional stocks with crypto trading, reflecting growing convergence between TradFi and digital assets.
TREE NEWS reports: US HYPE spot ETF recorded a total net inflow of $7.51 million in a single day. This reflects growing investor interest in HYPE-related products.
TREE NEWS reports: Arthur Hayes announced that the FLOP tokenomics infographic will be released this week. The announcement hints at upcoming details for the token’s economic model, likely sparking interest among crypto traders.
TREE NEWS update: Data shows the whale entity Garrett Jin holds a $147 million long position in Bitcoin, with floating profits of $2.78 million. Meanwhile, his short position in Zcash has incurred a loss of $10.74 million.
TREE NEWS reports: Binance has brought in two senior compliance executives from Crypto.com to bolster its regulatory and compliance efforts. The move signals Binance’s continued focus on strengthening its global compliance posture amid ongoing regulatory scrutiny.
TREE NEWS reports: Data shows that if Bitcoin breaks above $82,476, cumulative short liquidation intensity on major centralized exchanges could reach $2.543 billion. This highlights a key price level that could trigger a cascade of short squeezes.
TREE NEWS update: Lighter, a blockchain project, has reduced its average block proof time from 5.3 minutes to approximately 1 minute, marking a significant improvement in network efficiency. This enhancement could boost transaction throughput and user experience.
TREE NEWS reports: The Robinhood meme coin MARTIANS has seen its market cap exceed $6 million, surging over 320% intraday. This reflects speculative interest in meme coins on the platform.
TREE NEWS update: The Ethereum Foundation announced that the upcoming Glamsterdam upgrade will include gas fee adjustments, potentially requiring some contracts to adapt. Developers should prepare for these changes to ensure compatibility.
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