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Flash News

24/7 coverage of global Web3 & AI markets

Aug 25
19:55

Bloomberg analysts note that gold and Bitcoin ETFs have re-entered the top 10 asset inflows, suggesting investors are increasingly seeking protection against currency debasement. This trend highlights growing interest in alternative assets as hedges against inflationary pressures.

CryptoMacro
18:34

Bitcoin’s price has dropped below the $78,000 mark, signaling continued volatility in the crypto market. This decline reflects broader market sentiment and may impact investor confidence in digital assets.

Crypto
18:28

Cosmos Labs has advised EVM chains to halt operations after a shared vulnerability drained funds from three networks, including KiiChain, which lost 148 million tokens. The patch was shipped six days prior without a security advisory, and two of the three underlying defects remain unfixed upstream.

Crypto
18:05

A coalition of US state bankers associations has announced plans to launch a nationwide blockchain network. The initiative aims to modernize the banking system’s infrastructure, potentially facilitating faster and more secure transactions.

CryptoRegulation
17:46

XRP’s recent hot streak has cooled as the cryptocurrency gave back two days of gains after a vertical recovery. Chart analysis suggests the bounce has encountered a wall, leaving traders uncertain about the next direction.

Crypto
17:45

Crypto infrastructure firm Zerohash has submitted a second application for a trust bank charter with the U.S. Office of the Comptroller of the Currency (OCC). This move underscores the growing trend of crypto firms seeking traditional banking status to offer regulated custody and trust services.

CryptoRegulation
17:41

Bitcoin surged 22% in seven days, nearing $80,000, amid reports that Treasury Secretary Scott Bessent could inject $1 trillion in liquidity. The move is attributed to expectations of government spending that may boost risk assets.

CryptoMacro
17:10

CryptoQuant analysts claim Bitcoin has emerged from its bear market and entered the early stages of a bull market. This shift is based on on-chain metrics and market indicators. The analysis suggests a positive outlook for the cryptocurrency’s price trajectory.

CryptoMacro
16:51

Analysts suggest Bitcoin may be exiting its bear market, citing historical patterns that align with previous bull market entries. The post, authored by Mathew Di Salvo, highlights cyclical behavior as a positive indicator for the cryptocurrency.

CryptoMacro
16:50

World Liberty Financial has natively issued its stablecoin USD1 on the Canton Network, marking a significant step in integrating traditional finance with blockchain. This move leverages Canton’s privacy and interoperability features for institutional-grade asset tokenization.

RWACrypto
16:35

World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network, expanding its availability. USD1 is currently the sixth-largest stablecoin with a market capitalization exceeding $4 billion.

RWACrypto
16:30

Fairlead Strategies, a technical analysis firm, reports that Bitcoin is no longer oversold and is poised for a potential breakout. The analysis suggests that the recent correction has run its course, and bullish momentum could resume. This comes as Bitcoin trades in a tight range, with traders eyeing key resistance levels.

CryptoMacro
16:21

Fairlead Strategies’ Katie Stockton suggests Bitcoin may be poised for a breakout as it has cleared its 200-day moving average and is no longer oversold. Speaking on CNBC, she noted the asset’s recent rally, indicating potential upward momentum.

CryptoMacro
16:16

Crypto-margined Bitcoin futures have plummeted from near-total dominance to about 12% of total open interest, signaling a shift in market dynamics. Despite this collapse, leveraged traders remain active, suggesting the short squeeze may not be fully resolved.

Crypto
15:35

Term Finance permanently closed its Meta Vaults following a governance attack that resulted in approximately $8.5 million in losses. The incident underscores vulnerabilities in DeFi governance mechanisms.

CryptoDeFi
15:27

Kraken reported that a ‘dust attack’ originating from a sanctioned HTX wallet has locked out some customers. The exchange is investigating the incident, which involves small amounts of crypto sent to users, potentially triggering compliance protocols.

CryptoRegulation
15:24

Term Finance permanently closed its Meta Vaults following an exploit estimated at $8.5 million by PeckShield. Withdrawals remain open, but the protocol has not quantified remaining assets and is exploring ways to address any shortfall.

CryptoDeFi
15:21

The Crypto Fear and Greed Index has risen to ‘Extreme Greed’ for the first time since 2024, signaling high market optimism. This shift suggests strong bullish sentiment among investors, often preceding potential market corrections.

Crypto
15:17

Bitwise has introduced Mag7X, a self-custodied tokenized portfolio of Coinbase-issued stock tokens on the Base network, with two more strategies to come. This marks a step towards bringing traditional equities into the crypto ecosystem via tokenization.

RWACrypto
15:11

The Crypto Fear and Greed Index has surged from 36 (fear) a month ago to ‘Extreme Greed’ for the first time since 2024, signaling a sharp shift in market sentiment. This rapid flip reflects growing bullish momentum in the crypto market.

Crypto
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