Flash News

TREE NEWS update: Postbank, Bulgaria’s fourth-largest bank by assets as of end-June, plans to add stocks, ETFs, crypto assets, commodities and metals to its mobile banking app in early 2027, offered through a partnership with an international investment platform. The move follows First Investment Bank’s announcement that it will offer crypto investing via its app in early 2027 with Austria’s Bitpanda.

TREE NEWS reports: Circle issued about $10.9 billion in USDC and redeemed about $11.4 billion in the seven days through Oct. 15, shrinking circulating supply by roughly 500 million tokens. Total USDC in circulation stood at 72.5 billion, backed by about $72.7 billion in reserves, including $35.6 billion in overnight reverse Treasury repo, $25.8 billion in Treasuries maturing in under three months, $10.6 billion in deposits at systemically important institutions and $600 million in other bank deposits.

TREE NEWS reports: A trader identified as 0x9c6 opened a $57.5 million long SOL position on Hyperliquid at $80.86 with 20x leverage, and the position now carries roughly $13 million in unrealized profit at SOL’s current price of $104.43. The long was established a month ago and has not been closed. The trader’s Hyperliquid account equity stands at about $24.2 million.

TREE NEWS update: Jump Trading has formed a dedicated team to market-make compute futures that CME and Silicon Data plan to launch, as well as competing contracts from ICE and Ornn, using its own balance sheet to take on trading risk. DRW is also entering the market through three strategy teams and plans to trade Silicon Data’s products. The market still faces limited price transparency, wide GPU price differences across regions and configurations, and the inability to store compute.

TREE NEWS reports: Ethereum spot ETFs recorded a net outflow of $69.68 million on October 16, marking a third consecutive day of withdrawals. BlackRock’s ETHA accounted for the entire daily outflow at $69.68 million, while its cumulative net inflows remain $12.494 billion. Total net assets of Ethereum spot ETFs stood at $14.946 billion, with a net asset ratio of 5.07% of Ethereum’s market cap and cumulative net inflows of $12.94 billion.

TREE NEWS reports: US spot bitcoin ETFs recorded a combined net outflow of $82.39 million on October 16. BlackRock’s IBIT posted the largest single-day outflow at $71.78 million, though its cumulative net inflow remains $65.568 billion. Fidelity’s FBTC followed with a $10.61 million outflow, bringing its historical total net inflow to $10.455 billion.

TREE NEWS update: Bitdeer sold all 294.2 bitcoins it mined during the week through Oct. 16, leaving its bitcoin holdings at zero, excluding customer deposits. The company disclosed the figures in its weekly bitcoin update on X, showing net accumulation of zero for the period. Bitdeer has maintained no bitcoin treasury position as it continues to sell production.

TREE NEWS reports: Trader 0xC7Fd opened a 2x leveraged long position in 20.5 million AGT tokens, worth $1.63 million, on Aster. The position now carries an unrealized profit of more than $1.26 million, a 155% return.

TREE NEWS update: StandX, a decentralized perpetual futures platform, has announced it is ceasing operations and canceling its planned platform token issuance. The platform will distribute a one-time airdrop in DUSD to its users. The closure comes as the Perp DEX sector enters a shakeout phase, with subsidies raising customer acquisition costs and airdrops failing to generate sustained trading demand.

TREE NEWS reports: Circle generated roughly $1.4 billion in USDC revenue in the first half of 2026, with 59% of that going to partner distributions and transaction costs. Lighter said it will soon launch options products, without giving a date. Former Mt. Gox CEO Mark Karpeles said Ledger received warnings about hardware wallet tampering as early as December 2025 and did not adequately alert users.

TREE NEWS reports: US spot NEAR ETFs drew $2.6062 million in net inflows on Oct. 16, with Bitwise NEAR ETF (NRR) the sole gainer, bringing cumulative inflows to $83.05 million. Spot Zcash ETFs posted $1.2197 million in net outflows, all from Zcash ETF (ZCSH), with cumulative inflows at $163 million. NEAR ETF net assets stand at $82.36 million; ZEC ETF net assets at $625 million.

TREE NEWS reports: US stocks closed lower, with the Dow down 0.34%, the S&P 500 down 1.09% and the Nasdaq down 2.14%, while the VIX rose 21.45%. AI-linked shares led the decline: CoreWeave fell 11.91%, Twilio 10.62%, Super Micro 9.86%, Tempus AI 9.01% and Snowflake 8.43%. The data was sourced from MSX, an RWA trading platform that has listed hundreds of RWA tokens covering US equities and ETFs including Nvidia, GOOGL, MSFT, AMZN, META, TSM and AMD.

TREE NEWS update: Solana Accelerate’s China team said the Shenzhen event scheduled for October 20 has been postponed because registrations exceeded the venue’s permitted capacity, requiring compliance with local event regulations. A new date will be announced separately. The team did not give a reason beyond the attendance cap and local rules.

TREE NEWS update: Marqeta is expanding its partnership with Coinbase to offer corporate payment cards backed by clients’ stablecoin holdings. Coinbase handles stablecoin custody and crypto-to-fiat conversion, Marqeta issues cards and processes payments, and Coinbase’s Base blockchain provides on-chain settlement. The service targets Marqeta’s enterprise clients across crypto and traditional sectors, letting cardholders spend stablecoins at millions of merchants worldwide and top up card programs around the clock. Fees, launch date and supported stablecoins were not disclosed.

TREE NEWS reports: TD Cowen analysts Lance Vitanza and Jonnathan Navarrete raised their price target on bitcoin treasury company Strive (ASST) to $56 from $44 on Friday, citing purchases that exceeded prior full-quarter forecasts. Strive’s bitcoin holdings rose to 35,595 from 28,000 at the end of September, worth about $2.9 billion and ranking fourth among listed companies. Strive also plans to expand its SATS preferred stock offering to 7 million shares at $90 each, targeting $630 million by Oct. 20.

TREE NEWS update: Kevin Boon has taken over as CEO of Mysten Labs, the company behind the Sui blockchain, succeeding co-founder Evan Cheng. Cheng will remain CTO and will personally lead a new AI business unit building agent infrastructure tied to Sui and Walrus.

TREE NEWS update: Anthropic said its Claude model traced the seeds behind NIST elliptic curves to 1990s timestamps, covering five NIST prime-curve seeds and four binary-curve seeds in published code. The company said the finding is not a cryptographic break. The results were released alongside the published code.

TREE NEWS reports: TD Cowen raised its price target on Strive by 27%, citing the company’s bitcoin buying spree, with the firm saying warrant-related stock pressure is easing. Strive plans fresh funding to purchase more bitcoin. The bitcoin-buying strategy and the warrant overhang were the focus of the TD Cowen note.

TREE NEWS reports: US stocks closed lower on October 17, with the Dow down 0.48%, the Nasdaq down 2.39% and the S&P 500 down 1.14%. Crypto-linked names led the declines: Riot Platforms (RIOT) fell 11.22%, MARA dropped 9.61%, Strategy (MSTR) slid 9.45%, BitMine (BMNR) lost 7.26%, SanDisk (SNDK) fell 6.59% and SKHY declined 6.48%.

TREE NEWS update: A hacking group called Calif demonstrated an untethered jailbreak on an iPhone 18 Pro running iOS 27.0.1 at the Hexacon conference in Paris. The jailbreak survived a device reboot, a step beyond the tethered exploits typical of recent iOS releases. No exploit tool or bug details have been made public yet.