Flash News

TREE NEWS update: Kava Lend lost approximately $3.8 million in a hack that sent the KAVA token down nearly 40%. About 49.2 million KAVA was bridged to BNB Chain via LayerZero and sold for roughly $2.1 million in BNB and USDT.

TREE NEWS update: Trezor confirmed that three of its Safe5 hardware wallets were found with implanted circuit boards, the company said as it reduced its distributor network by about 80%. The hardware wallet maker did not specify which distributors were affected or where the tampered devices were discovered. The move follows scrutiny of supply-chain security for crypto hardware wallets.

TREE NEWS reports: Several crypto treasury concept US stocks fell over 24 hours, with Strategy (MSTR) down 10.1% to 99.11 USDT and BMNR down 10.0% to 15.72 USDT.COM data. The declines hit shares of companies holding bitcoin on their balance sheets.

TREE NEWS reports: Bitcoin dropped below 64,000 USDT on OKX, trading at 63,979.6 USDT, a 24-hour decline of 6.64%. The move puts the largest cryptocurrency under the 64,000 level as of the latest price data.

TREE NEWS reports: Prediction market predict.fun put GEN at 60% to defeat BLG in the League of Legends S16 World Championship final, a best-of-five played early Tuesday morning. GEN swept LYON and IG 3:0 in the quarterfinals and semifinals, while BLG blanked DK 3:0 and beat defending champion T1 3:1. Both mid laners, Chovy and Knight, are chasing a first world title.

TREE NEWS reports: ZCSH dropped 10.3% over the past 24 hours and was trading at 22.68 USDT.COM data. The move marks a sharp single-day decline for the token.

TREE NEWS update: The CFTC sued Louisiana on Friday to block a state judge’s order banning 31 prediction markets, including Kalshi and Polymarket, in the state. The lawsuit follows the Louisiana attorney general’s criticism of the CFTC chair, whom he called an “obsequious standard bearer” for prediction markets. The action sets up a federal-state clash over whether event contracts fall under CFTC jurisdiction.

TREE NEWS update: BitGo said its systems were not compromised in the Unocoin incident, stating that recent outbound transactions were signed by Unocoin’s own user key and backup key and broadcast directly on-chain outside the BitGo platform. BitGo’s third key was never used and other clients were unaffected. Unocoin, which uses a 2-of-3 self-custody wallet, detected an outbound transaction from an Ethereum address in its BitGo wallet infrastructure on Nov. 12 and has suspended all services.

TREE NEWS reports: U.S. spot crypto ETFs lost about $1.55 billion combined in the latest week, with bitcoin funds accounting for roughly $1 billion of outflows for a second consecutive week. Avalanche funds were the only category among the 15 tracked to post a weekly inflow, at $227,000.

TREE NEWS reports: More than 3,300 flights within and to and from the United States were canceled on November 14, FlightAware data showed, a day after a communications failure in the air traffic control system grounded all US aircraft. The November 13 outage halted flights nationwide; the following day’s cancellations reflect the knock-on disruption to schedules.

TREE NEWS update: OpenAI has launched ChatGPT Wallet, letting AI agents buy products using ordinary payment cards rather than cryptocurrency. The product puts OpenAI in direct competition with crypto payment tools from Coinbase and Circle as companies vie to control everyday online shopping by autonomous software. The wallet uses conventional card rails, sidestepping on-chain settlement.

TREE NEWS update: China Datang’s Lvsigang 2×1,000 MW expansion project saw its Unit 6 successfully synchronize to the grid on Nov. 14, with all system parameters stable and operating well. Once operational, the project is expected to generate nearly 10 billion kWh of electricity annually.

TREE NEWS update: BYD’s fleet of vehicles equipped with advanced driver-assistance systems has surpassed 4.19 million units, with 245,500 of those sold in October, the automaker said on its official account. Its “God’s Eye” driver-assistance system generates more than 260 million kilometers of driving data per day.

TREE NEWS update: KLM’s former CEO Camiel Eurlings used a power bank illegally on one of the airline’s passenger flights in September, causing a fire, Dutch media reported on November 13. KLM has filed a complaint against Eurlings with prosecutors over the incident.

TREE NEWS update: The foreign ministries of 17 countries issued a joint condemnation on November 14 of Israel’s airstrike on the Nasser Medical Center in Khan Younis, Gaza. Pakistan’s Foreign Ministry released the statement, saying the foreign ministers of Pakistan, Egypt, Saudi Arabia, Turkey, Jordan, Qatar, the UAE, Indonesia, Palestine, Algeria, Mauritania, Sudan, Libya, Djibouti, Somalia, Lebanon and Oman condemned the attack in the strongest terms.

TREE NEWS reports: Wallets associated with early Bitcoin advocate and ShapeShift founder Erik Voorhees spent $97 million to buy 48,647 ETH over the past four days at an average price of $1,994. The wallets still hold $78.68 million in stablecoins and may continue buying.

TREE NEWS reports: Chengdu ranked first among popular destinations in flight orders for travel between Nov. 14 and Nov. 20, Meituan data showed, making it the top choice for family autumn-break trips nationwide. The ranking covers bookings for that travel window. No booking volumes or year-on-year comparisons were disclosed.

TREE NEWS update: Italy’s data protection authority fined Meta €805 million over the alleged use of Android users’ videos and photos without consent. The regulator announced the penalty against the platform, citing privacy violations tied to the handling of user media. Meta has not commented on the decision in the material provided.

TREE NEWS update: Kava said on November 14 that recent on-chain activity involving cross-chain transfers and sales of KAVA tokens on BSC was not infinite minting, describing the incident as isolated and contained within Kava Lend. Partner exchanges have suspended deposits and withdrawals as a standard precaution, with more information to be released.