TREE NEWS reports: Insiders report that SpaceX is reorganizing its data center leadership team. The move comes amid broader infrastructure changes at the company.
TREE NEWS update: Bitcoin’s ‘Kimchi Premium’ in South Korea has reappeared, indicating renewed retail interest in the Asian market. This phenomenon occurs when Bitcoin trades at a higher price on Korean exchanges due to local demand and capital controls.
TREE NEWS update: Glassnode reports that the correlation between Bitcoin and the S&P 500 has fallen to near its lowest level in almost two years, indicating a decoupling from traditional equities. This suggests Bitcoin may be trading more on its own fundamentals rather than macro-driven risk sentiment.
TREE NEWS reports: Predict.fun has launched its Predict Developer Dashboard, enabling developers to create applications, generate API keys, and manage usage limits and rate restrictions. This update aims to facilitate integration and enhance the platform’s developer ecosystem.
TREE NEWS update: The Securities and Exchange Commission today proposed updating rules and forms for registered transfer agents, a key part of the national clearance and settlement system. The proposal aims to modernize regulations as transfer agents now perform more diverse functions, potentially impacting crypto and tokenized asset markets.
TREE NEWS reports: A counterfeit Claude desktop application is distributing the RevStealer malware, which can steal data from over 50 cryptocurrency wallets. Users are advised to download software only from official sources to avoid infection.
TREE NEWS update: Securitize’s tokenized fund HINC is now accepted as collateral on Loopscale, marking a step in integrating real-world assets into DeFi lending. This move enhances the utility of tokenized securities and expands DeFi collateral options.
TREE NEWS update: A group of 21 global banks has committed to forming a joint stablecoin company, signaling a major push by traditional finance into the digital asset space. This initiative underscores the growing convergence of TradFi and blockchain, potentially accelerating the adoption of regulated stablecoins.
TREE NEWS update: Gal Gadot defended the use of AI in the upcoming Bitcoin film ‘Bitcoin: Killing Satoshi’, stating that actors must ‘work with it or be out of the game’. Her lawyers spent six months negotiating her contract to protect her performance.
TREE NEWS reports: Machi Brother (Jeffrey Huang) has launched a token named TAIWAN on the Robinhood chain and purchased approximately $600,000 worth of the token himself. This move highlights the growing trend of celebrity and influencer-driven token launches on emerging blockchain platforms.
TREE NEWS update: Ethena has launched its Pay app in iOS beta on Avalanche, initially limited to 400 users. The app offers tiered rates up to 6%, with official terms capping boosted balances and cashback at up to 5%, contrary to earlier claims of 10%.
TREE NEWS update: Grok reported that numerous accounts are currently experiencing unsolicited password reset emails from X, advising users to enable additional protections. This appears to be a phishing or security alert issue affecting X users.
TREE NEWS reports: Ripple and Japanese exchange Coincheck have both launched digital asset custody services in Asia, marking a significant step for institutional adoption in the region. The moves highlight growing demand for secure custody solutions amid expanding crypto markets.
TREE NEWS reports: DeFi protection protocol Firelight Protocol has completed an $8 million funding round led by Gumi Cryptos Capital. The funds will be used to further develop its protection solutions within the decentralized finance ecosystem.
TREE NEWS reports: Firelight, incubated by Sentora, secured $8 million to backstop DeFi vaults using staked XRP, with $76 million already staked on Flare. Its first cover integrations launch this month, tapping a market where onchain protection covers only 0.1% of DeFi.
TREE NEWS update: US major stock indices opened lower, with the Nasdaq dropping 1.3% and Intel falling nearly 3%. This reflects market sentiment amid broader economic concerns.
TREE NEWS reports: Data shows that if ETH surpasses $2,564, cumulative short liquidation intensity on major centralized exchanges could reach $951 million. This highlights a significant price level for Ethereum, potentially leading to increased volatility.
TREE NEWS update: A fake desktop version of Anthropic’s Claude AI assistant is distributing RevStealer malware, which targets over 50 crypto wallets as well as browser passwords, cookies, messaging data, and documents. The malware is designed to steal sensitive information from infected machines, posing a significant threat to cryptocurrency users.
TREE NEWS update: Silhouette has introduced an xStocks request-for-quote (RFQ) trading system on Hyperliquid, enabling on-chain trading of tokenized US equities. This move bridges traditional finance with DeFi, offering a novel avenue for trading real-world assets.
TREE NEWS update: Crypto shows renewed signs of life, but its biggest successes look different from early visions. After a decade, the question remains: has it all been worth it?
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