Flash News

TREE NEWS update: The SEC charged Mark D. Hanf, former CEO of Pacific Private Money Group LLC, and Hoai-Nam Chu Phan, former COO of a subsidiary, with orchestrating a multimillion-dollar offering fraud. The scheme, based in the San Francisco Bay Area, allegedly operated like a Ponzi, defrauding investors. The charges were announced today.

TREE NEWS reports: Multicoin Capital transferred 97,180 HYPE tokens, valued at approximately $8.18 million, to Coinbase. This move may signal a potential sale or redistribution of assets by the investment firm.

TREE NEWS update: Multicoin Capital transferred another 97,180 HYPE tokens, valued at approximately $8.18 million, to Coinbase, likely for sale. This move follows previous transfers and may signal a continued sell-off of the asset.

TREE NEWS update: Prediction market Kalshi issued its first permanent ban to former Rep. George Santos and a three-year suspension to Laurie Buckhout after investigations into insider trading on event contracts. The platform cited violations of its policies on using non-public information, marking a notable enforcement action in the prediction market space.

TREE NEWS update: Brent crude oil (XBRUSD) has broken above $96 per barrel, currently trading at $96.03, marking a 4.4% increase over the past 24 hours, according to Gate data. This move reflects ongoing volatility in the energy markets.

TREE NEWS update: Robinhood Chain, an Arbitrum network, reached $1.49 billion in DEX volume over 24 hours, ranking second among all chains, ahead of Ethereum, BNB Chain, and Base. Its memecoin launchpad, Pons, earned nearly three times the fees of pump.fun, capturing two-thirds of launchpad fees.

TREE NEWS reports: BlackRock has purchased 1,404.5 Bitcoin, valued at approximately $109.35 million. This move underscores continued institutional interest in cryptocurrency as an asset class.

TREE NEWS update: BlackRock’s spot Bitcoin ETF has outperformed Vanguard’s S&P 500 fund since its launch, highlighting strong demand for crypto exposure. This marks a notable milestone in the adoption of digital assets by traditional finance.

TREE NEWS update: BlackRock’s iShares Bitcoin Trust (IBIT) has delivered better returns than Vanguard’s S&P 500 ETF, highlighting the strong performance of the crypto asset. The fund’s outperformance underscores growing investor interest in Bitcoin as an investment vehicle.

TREE NEWS update: X (formerly Twitter) users are receiving unexpected password reset emails, prompting concerns of a data breach. Engineers acknowledge the issue but have not confirmed a breach. The cause remains under investigation.

TREE NEWS update: ARB led gains among major tokens as fees on Robinhood’s chain doubled, boosting Arbitrum DAO’s daily cut to ~$192K. Bitcoin slipped 0.7% amid rising bond yields and falling gold.

TREE NEWS reports: Cathie Wood’s Ark Invest purchased $37 million worth of Bitcoin and Block shares across three ETFs, also adding $3.4 million in Circle stock. The move underscores continued institutional interest in crypto-related equities.

TREE NEWS update: Ethena has launched a self-custodial payments app for its USDe stablecoin, enabling everyday payments, savings, and cross-border transfers. The app offers annualized rewards of up to 6%, aiming to integrate USDe into mainstream financial activities.

TREE NEWS reports: Chainalysis has filed a lawsuit against the U.S. Department of Homeland Security (DHS) over a $95 million no-bid contract awarded to competitor TRM Labs for crypto tracking services. The suit alleges the contract was improperly granted without a competitive bidding process.

TREE NEWS reports: Japan’s 30-year government bond yield reached its highest level in 30 years, reflecting shifting expectations for monetary policy. Meanwhile, Bitcoin traded sideways around $78,000 as markets digested the macro data.

TREE NEWS update: Robinhood Chain reported record revenue, signaling strong demand for its crypto services. This news drove ARB, the token of Arbitrum, up 30% in 24 hours, reflecting positive market sentiment toward Layer 2 solutions.

TREE NEWS reports: Global bond yields hit multi-decade highs as Japan’s 10-year JGB yield reached a 30-year peak, yet Bitcoin remained stable near $78,000. The bond market turmoil reflects macroeconomic pressures, but crypto prices showed resilience.

TREE NEWS reports: Insiders report that SpaceX is reorganizing its data center leadership team. The move comes amid broader infrastructure changes at the company.