Flash News

TREE NEWS update: Mysten Labs chief cryptographer Kostas Chalkias said Sui’s devnet has completed testing of native post-quantum signature transactions, with the latest version supporting ML-DSA-65 verification for ordinary account transaction authorization. Sui also plans to add SLH-DSA-SHA2-128s signatures via Move smart contracts to protect high-value asset vaults, and aims to deploy post-quantum vaults to mainnet by end-2026 and bring native ML-DSA-65 accounts to testnet, targeting mainnet native account authentication in Q1 2027, subject to security audits and test results.

TREE NEWS update: Ledger said it has coordinated with German electronics retailer MediaMarkt Saturn Retail Group to suspend sales of its devices in stores and online from October 13 while it investigates a device-implant incident reported by a German user. The hardware wallet maker said no user funds have been lost and there is no evidence its infrastructure, systems or services were compromised. Ledger’s Donjon cybersecurity team will examine suspect devices; some claims and loss figures circulating online remain unverified.

TREE NEWS reports: US spot BTC ETFs saw $679 million in net outflows last week, including a record $485 million single-day outflow on Wednesday, the largest since June, CoinShares said in its biweekly market report. ETH ETFs bled $542 million over nine straight sessions, nearly $700 million cumulatively. Bitcoin briefly neared $87,000 on October 5 before falling to about $80,300 and rebounding to roughly $83,500. CoinShares said BTC’s correlation with the Nasdaq has recovered to its long-term average of about 40%, and flagged this week’s US CPI print as a key variable.

TREE NEWS update: Binance Pool will stop accepting mining shares at 7 a.m. UTC on Nov. 10, and miners have until Nov. 24 to view their records and payout status before the pool’s pages disappear. The closure ends Binance’s mining pool and cloud mining services, giving miners four weeks to move their hashrate elsewhere.

TREE NEWS update: Ledger said an unauthorized add-on component found in hardware wallets sold by Southeast Asian reseller CryptoBilis leaked recovery phrases over cellular networks. The company said its Secure Element and operating system were untouched, and that every confirmed drain so far involves a CryptoBilis-sold signer.

TREE NEWS reports: Defiance CEO Matt Bielski said Yamo Pharma’s L1-79 has been “life-changing” for his 4-year-old son Lev, who has severe autism. The drug is in Phase II clinical trials and could become the first FDA-approved autism treatment. About 1 in 31 US children is diagnosed with autism, including Bielski’s youngest son.

TREE NEWS update: Nasdaq-listed Cipher Digital plans to raise $850 million through a private placement of zero-coupon convertible bonds to fund its Barber Lake project and high-performance computing data center expansion. The offering can be upsized to $1 billion if initial purchasers exercise an option for an additional $150 million. The company also plans to convert part of its 1.75% convertible notes due 2030 into common stock.

TREE NEWS update: Sberbank has secured authorization to operate a crypto exchange, clearing Russia’s largest bank to offer trading in Bitcoin, Ether and Tether USDt ahead of a December launch. The approval makes Sberbank one of the first major Russian banks licensed to run digital-asset trading under the country’s crypto framework.

TREE NEWS reports: A wallet linked to BlackRock’s ETFs transferred $203 million in Bitcoin and Ether to Coinbase Prime within the past hour. The deposit comprised 860.393 BTC worth $71.54 million and 52,488 ETH worth $131 million. The transfers occurred on the date reported by the on-chain tracker.

TREE NEWS reports: If Democrats win a majority in either chamber of the US Congress in the midterm elections, they would gain subpoena power and stronger investigative tools, potentially increasing scrutiny of Wall Street banks, prediction markets and crypto firms. Crypto industry figures are watching whether Representative Sean Casten could gain influence if Democrats retake the House Financial Services Committee. Casten has pushed for tougher crypto regulation and opposed the industry-backed CLARITY Act.

TREE NEWS update: Sui has processed its first native quantum-safe transaction on devnet, adding ML-DSA-65 account signatures to the network. Native mainnet support is targeted for Q1 2027, subject to audits and testnet feedback.

TREE NEWS update: London Stock Exchange Group is in talks to acquire Octus, a company owned by private equity firm Permira. No financial terms of the potential deal were disclosed. Octus is a portfolio company of Permira.

TREE NEWS update: Ledger said it discovered a hidden LTE implant that reads the 24-word recovery phrase off the screen during wallet setup, leaving the Secure Element and its software untouched. The hardware wallet maker linked the implant to a suspected $86 million drain.

TREE NEWS update: Binance said it will shut down its mining pool, cloud mining and Pool Savings services on Nov. 10. The exchange announced the closure of the three business lines in a single notice, without giving a reason for the decision. Binance has not disclosed what will happen to users’ funds or hashrate held in the services.

TREE NEWS reports: Bitcoin and major cryptocurrencies traded lower as the market’s expected ‘Uptober’ rally failed to materialize. Altcoins posted steeper losses, while on-chain data pointed to capitulation across the market. The pullback marks a weak start to October for crypto majors after traders had positioned for seasonal gains.

TREE NEWS update: A UK judge has ruled that Chinese law governs victims’ claims over 61,000 seized bitcoin worth about $5 billion, leaving ownership of the coins undecided. The High Court decision determines which jurisdiction’s law applies to the dispute but does not yet resolve who holds title to the assets. The bitcoin was seized by UK authorities.

TREE NEWS update: ENS is seeking DAO approval to activate an upgraded Ethereum naming system that would pause new .eth registrations for hours during the transition. Existing domain holders would be able to renew their names without migrating. The vote would authorize the switch to the new registry.

TREE NEWS reports: Chinese IT services firm SoftStone (iSoftStone) deleted a WeChat article stating that its order of 8,000 Nvidia 6000D (Blackwell) GPUs had recently arrived, though reposts and media citations remain online. A company securities affairs representative, reached by phone as an investor, said they were unclear on the matter and that SoftStone will disclose items meeting regulatory thresholds based on business conditions, not absolute amounts. The representative added that news and formal filings differ and advised investors not to rely on such business news as their sole investment basis.

TREE NEWS reports: A French proposal would require crypto owners to report holdings worth more than €100,000 (about $112,000), drawing backlash from the crypto industry. Critics raised concerns about personal safety after a wave of “wrench attacks” targeting crypto holders in France.