Flash News

TREE NEWS update: Data shows that Hyperliquid’s largest long trader has opened another long position of 1000 BTC. This move indicates continued bullish sentiment from the top trader on the platform.

TREE NEWS update: Ethena announced plans to expand its USDe backing strategy to include equity-perpetual basis trades, with the first partner exchange announcements and deployments expected in the coming weeks. This move aims to diversify the collateral backing of its synthetic dollar.

TREE NEWS reports: DWF Ventures highlights the accelerating rise of social trading, where platform competition is shifting from trade execution to social networks and information advantages. This trend underscores the growing importance of community-driven insights in crypto markets.

TREE NEWS reports: Ethena proposes a revised fee switch mechanism that would activate ENA token buybacks when USDe supply reaches certain thresholds. The plan aims to align token economics with protocol growth.

TREE NEWS reports: A whale address pension-usdt.eth had its ETH short position liquidated, incurring a loss of approximately $23.93 million. The liquidation highlights the risks of leveraged shorting in volatile crypto markets.

TREE NEWS update: MANTRA disclosed a post-mortem of a recent attack, revealing that an underflow vulnerability allowed over 720 million tokens to be transferred, with approximately 37.96 million frozen. The incident underscores ongoing security challenges in DeFi protocols.

TREE NEWS update: Moonwell, a DeFi lending protocol, lost $8.7 million on Base after an attacker bypassed its supply cap by depositing once and then sending 53 million tokens directly to the market, inflating the value of their shares about 3.7-fold. The exploit highlights vulnerabilities in supply cap mechanisms.

TREE NEWS update: The second phase of incentives for USDD and Pendle has been launched, offering $600,000 in rewards. This initiative aims to boost participation and liquidity in the associated DeFi protocols.

TREE NEWS reports: Ethena Foundation proposed a fee switch converting 95% of net protocol revenue into ENA buybacks and a vote to buy back tokens held by early investors. The news drove ENA up 10%.

TREE NEWS reports: Base, with over $5 billion TVL and ~12 million daily transactions, is nurturing products beyond speculation. Highlighted are Hydrex (MetaDEX), SwapRoyale (fantasy trading), BlockRun (AI agent gateway), PixieChess (NFT chess), and Tokensto (AI token resale). These show a broader surface of on-chain activity than commonly acknowledged.

TREE NEWS reports: The Sandbox has announced plans to reimburse users on a 1:1 basis after a bridge vulnerability led to the theft of approximately $700,000 worth of SAND tokens. The exploit targeted the platform’s bridge, prompting the team to assure affected users of full compensation while investigating the incident.

TREE NEWS update: Ethereum’s staking participation has reached a record 34.7% of supply, with over 2.2 million ETH queued, while Fidelity advances staking for its ETH fund. The article compares four staking paths: solo staking, non-custodial native staking, Lido liquid staking, and exchange staking, emphasizing trade-offs in control, liquidity, and risk. It argues that APR alone should not be the primary factor, as operational complexity and counterparty risk vary significantly.

TREE NEWS reports: The CCC token on the BSC chain was attacked, resulting in a loss of approximately $117,000. The incident highlights ongoing security risks in the DeFi ecosystem.

TREE NEWS update: Data shows that whales on the Hyperliquid platform currently hold positions totaling $7.29 billion, with a long/short position ratio of 0.92. This indicates a slight bearish sentiment among large traders.

TREE NEWS reports: Ethereum core developers have announced that an account abstraction proposal will be included in the upcoming Hegotá upgrade. This move aims to enhance user experience and flexibility for smart contract wallets on the network.