Flash News

TREE NEWS update: Jupiter announced the launch of Universal Deposit, a cross-chain deposit feature enabling users to send tokens from any supported chain and receive USDC directly in their Solana wallet. The feature automatically handles routing, bridging, and swapping, supporting Ethereum, Base, Arbitrum, and Sui, with a flat fee of $0.30.

TREE NEWS reports: Ether (ETH) crossed the $2,400 mark on Sept. 3, trading at $2,400.30 at the time of writing, up 0.38% intraday. The move reflects ongoing market volatility as traders monitor key resistance levels.

TREE NEWS reports: Trader ‘@XXAntiWar’ has not fully exited its position in ‘牛来’ (Bull Come) but moved 17.57 million tokens to seven addresses over recent days. The trader spent about $1.787 million since Aug 30 to build the position at an average price below $0.086, and remains at a floating loss. Earlier reports of a full exit were due to new addresses not being recorded.

TREE NEWS update: World has opened ProveKit, the zero-knowledge toolkit behind its World ID checks, to outside developers. The toolkit enables a phone to confirm facts about its owner, such as age, without revealing the underlying identifying documents. This move allows third-party developers to integrate privacy-preserving verification into their apps.

TREE NEWS update: The FBI seized approximately $560,000 in cryptocurrency, along with domains and servers, allegedly used by Hamas’s military wing to collect donations and recruit supporters. The action targeted digital assets and infrastructure tied to the group’s fundraising efforts.

TREE NEWS update: Japan’s Remixpoint has sold its Ethereum, Solana, XRP and Dogecoin holdings, booking a ¥117.8 million profit, to shift to a Bitcoin-only treasury. The company now holds roughly 1,506 BTC as its sole cryptocurrency, aligning with a strategy focused on Bitcoin.

TREE NEWS update: Federal authorities and private-sector partners, including CrowdStrike, have disrupted malware that redirected about $150,000 in cryptocurrency over the past eight years. The operation targeted the malware used in crypto thefts, marking a coordinated effort to combat cybercrime in the digital asset space.

TREE NEWS update: Anthony Armstrong, former CFO of Elon Musk’s xAI, X.AI Corp., and X Corp., has joined Coinbase’s board of directors. He is not related to Coinbase CEO Brian Armstrong. The appointment adds a seasoned finance executive to the crypto exchange’s leadership as it expands beyond trading.

TREE NEWS update: Coinbase has launched regulated crypto derivatives for eligible Canadian traders, offering perpetual and dated futures with up to 10x leverage. The move expands the exchange’s presence in Canada as major US trading platforms increasingly enter the market.

TREE NEWS reports: The FAMI token that Money Mushroom trades against on Robinhood Chain is not a Robinhood stock token. Its 37,430,000 supply, close to Farmmi’s entire share count, was minted in a single transaction by a wallet that kept 38% and now runs a contract named PoolRepricer to manage the price.

TREE NEWS update: Brian Armstrong announced on X that Coinbase is developing an Omarchy plugin, which will be released soon. He described the AI-native operating system as an ambitious vision.

TREE NEWS reports: Phong Le, CEO of Strategy, said the company’s decision to sell nearly 7,000 BTC at around $60,000 was driven by its cost of capital, not Bitcoin’s price. He expressed no regrets about the sale, even as the company repurchased Bitcoin above $80,000. Le emphasized that the trade was ‘the right trade’ given funding costs.

TREE NEWS reports: Bitcoin traders are interpreting August’s spike-and-fade as a Bart Simpson pattern, a technical formation that could signal a flash crash. The pattern, named for its resemblance to the cartoon character’s hairline, typically precedes sharp downside moves. However, analysts caution that distinguishing a true flash crash from a routine correction requires monitoring key support levels and volume dynamics.

TREE NEWS update: Hyperscale Data has removed all bitcoin miners from its Michigan site to free up space for a 10-year AI hosting agreement. The announcement sent the company’s shares to an all-time low.

TREE NEWS update: New Jersey has petitioned the U.S. Supreme Court to decide whether sports betting on prediction markets falls under federal or state jurisdiction. The state seeks to resolve the regulatory ambiguity surrounding these platforms, which have grown rapidly. The Court’s decision could set a precedent for how prediction markets are overseen nationwide.

TREE NEWS reports: World Liberty Fi’s unlocked wallet transferred 175.3 million WLFI tokens, valued at approximately $9.94 million, to Binance and Gate. The move suggests potential selling or redistribution of the tokens.

TREE NEWS update: Crypto exchanges, asset managers, market makers and consumer groups have submitted comments to the SEC on its proposed regulatory framework for new ETFs, covering crypto assets, private assets, event contracts and leveraged strategies. The Crypto Council for Innovation urged extending some ETF relief to non-ETF exchange-traded products, while a16z argued against treating all new ETFs alike, and Grayscale opposed new portfolio limits for mature digital asset products. Chainalysis suggested using public blockchains for real-time monitoring, Kalshi backed event contracts in registered funds, and Public Citizen opposed retail access to them.

TREE NEWS update: The Crypto Council for Innovation, Grayscale, and a16z urged the SEC to adopt tailored rules for novel ETFs, asking the regulator to preserve existing fund classifications and streamline reviews for new exchange-traded products. The groups argue that current frameworks may not accommodate innovative structures, calling for a more flexible approach.