TREE NEWS reports: Tim Cook ends his 15-year tenure as Apple CEO, succeeded by hardware chief John Ternus. The move signals Apple’s pivot to AI-driven product innovation, with OpenAI reportedly buying Mac minis for AI training. Ternus faces challenges including foldable iPhone and Siri AI upgrades.
TREE NEWS update: Balancer has discovered a vulnerability in its v1 legacy contracts and strongly advises users to withdraw their funds immediately. The team is working on mitigation and will provide further updates.
TREE NEWS update: Robinhood Chain’s daily trading volume hit a new all-time high of $1.43B on Sept 1, marking five consecutive record days and ranking second only to Solana. Its 24-hour chain fees of ~$2.13M surpassed the combined fees of Solana, Ethereum, BNB Chain, and Base. Retained revenue of ~$1.92M was 5.5x the total of those four chains.
TREE NEWS update: The London Stock Exchange (LSE) is evaluating the launch of tokenized UK stocks to broaden capital market access while maintaining shareholder rights and governance standards. It will partner with Payward, Kraken’s parent company, to explore how regulated market infrastructure and digital-native distribution can support tokenized public equities. The initiative, part of LSEG’s modernization plans, is subject to regulatory approval, with xStocks targeted for listing on LSE 24 by 2027.
TREE NEWS update: 1789 Capital, linked to Donald Trump Jr., is reportedly leading a $1 billion investment round into prediction market platform Polymarket, valuing it at $21 billion. This comes just below rival Kalshi’s $22 billion valuation, signaling strong investor interest in prediction markets.
TREE NEWS reports: LeapNode, a Web3×AI infrastructure project, has received an investment from DraperDragon to advance its development. The funding will support the project’s expansion in the AI and crypto infrastructure space.
TREE NEWS update: The X-Agent AI MCP Hackathon is set to launch on September 2, inviting developers to build innovative AI agent solutions. The event aims to foster creativity and collaboration within the AI and crypto communities.
TREE NEWS reports: Tom Lee, co-founder of Fundstrat, stated that the current market rally is only the first wave, with institutions positioning for a major move in the fourth quarter. He remains optimistic about the market’s trajectory, suggesting further upside ahead.
TREE NEWS reports: Aave governance proposal AIP-514 has passed, making Pendle PT-USDG a supported collateral asset on Aave V3 on X Layer, bridging Pendle’s fixed-income market with Aave’s lending protocol. OKX Wallet has also launched a limited-time incentive campaign for PT-USDG, offering up to 6.8% APY through its DeFi section.
TREE NEWS update: Fundstrat’s Tom Lee said on CNBC that Bitcoin could still reach six figures due to low holder counts, and that falling long-term yields despite Fed hikes could imply easing. He sees the recent rally as phase one, with crypto stock volumes indicating institutional positioning for Q4.
TREE NEWS update: Analysts suggest Bitcoin will struggle to maintain the $80,000 support level due to persistent ETF outflows and mounting macroeconomic pressures. The combination of capital flight from spot ETFs and a challenging macro environment makes a sustained recovery above this level unlikely in the near term.
TREE NEWS reports: Indian PM Modi again urged citizens to avoid buying gold unless necessary, citing a widening trade deficit and weakening rupee. This is his second such appeal this year, as gold imports surged over 32% in the first four months of the fiscal year.
TREE NEWS update: GTE, a decentralized exchange on MegaETH, opened early pre-registration, while BitRobot, a decentralized robotics network, launched its points system. GTE raised $15M in Series A led by Paradigm, totaling $25M, and BitRobot completed an $8M funding round.
TREE NEWS update: The US dollar strengthened against the Japanese yen, breaking above the 160.0 level to trade at 160.002, a 0.2% increase over the past 24 hours. This move reflects ongoing currency market dynamics and may have implications for global risk sentiment.
TREE NEWS reports: Crypto trader Rune claims to have spent $1.8M OTC to buy 37.4% of a Nasdaq-listed shell company, planning to tokenize its stock on Robinhood Chain and pair it with a meme coin to trigger a short squeeze. The scheme mirrors Strategy’s model in reverse, but faces unverified claims, regulatory risks, and execution hurdles. This marks an ambitious but unconfirmed attempt to bridge meme coin speculation with small-cap US equities.
TREE NEWS reports: Prediction market predict.fun shows an 83% probability of GENG defeating KT in the LCK playoff second round today at 4 PM (BO5). GENG, as regular season first place, chose KT as their opponent, with HLE facing T1 tomorrow.
TREE NEWS update: Amber International Holding Limited (NASDAQ: AMBR) rebranded from Amber Premium to AMBR, pivoting to an AI agent company focused on finance, enterprise, and growth sectors. It launched Ambre, a personal finance AI agent, and MIA, a marketing AI agent now available to enterprise clients.
TREE NEWS reports: FalconX and Ethena have established a $1 billion secured revolving credit facility via an SPV, channeling USDe reserves into overcollateralized institutional credit. This marks the first large-scale deployment of stablecoin reserves into private credit, transforming Ethena into a wholesale lender. The move diversifies USDe’s yield sources and adds a stable income floor, reducing reliance on funding rates.
TREE NEWS update: Strategy bought 4,603 BTC ($370M) at $80,318, its first purchase in nine weeks, while Bitmine added 53,501 ETH, now holding over 5.9M ETH. Crypto-related stocks rallied, with Circle up 9.67% and Coinbase up 5.31%. Meanwhile, Japan intervened with a record $96.4B in August, and markets brace for potential September weakness.
TREE NEWS reports: Cronos, a Crypto.com-affiliated blockchain, opted to roll back its network to a state before a $75 million exploit on its lending protocol Tectonic, canceling transactions in over 10,000 blocks. While effective in recovering most funds, the move sparked debates over blockchain immutability and finality, especially given Cronos’ history of controversial decisions like re-minting burned CRO tokens.
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