Flash News

TREE NEWS reports: Ether fell below $2,500, trading at $2,497.58 per token, down 1.28% over the past 24 hours. The move marks a fresh intraday low for the second-largest cryptocurrency as it gives up the $2,500 level.

TREE NEWS update: Blur said its blur.io frontend will be deprecated on Nov 12, 2026, while the Blur marketplace protocol continues to run on-chain and BLUR retains control of its fee switch. NFT lending protocol Blend will stop matching new loans the same day, with borrowers required to repay or let loans default; Blur will provide frontend tools to withdraw assets from Blend. BLUR traded at $0.0194, down 7.75% in 24 hours.

TREE NEWS update: Standard Chartered’s Dubai branch now provides custody for Ripple’s RLUSD stablecoin and plans a link with LMAX that will let institutions post the stablecoin as trading collateral while the coins remain in custody. The arrangement lets clients trade with RLUSD without moving it. The bank did not disclose a launch date for the LMAX integration or the size of assets involved.

TREE NEWS reports: FTX’s crypto mining venture is now being used to advance AI, the defunct exchange having acquired a 20% stake in Genesis Digital Assets before declaring bankruptcy in November 2022. The stake in the bitcoin miner represents one of the failed exchange’s remaining assets.

TREE NEWS update: CME Group said it will roll out the first cloud-based solution for ultra-low-latency trading earlier than previously expected. The US derivatives exchange did not give a specific launch date or further details on the offering. The move marks an acceleration of CME’s push to bring latency-sensitive trading infrastructure to the cloud.

TREE NEWS reports: TD Cowen said the CFTC’s newly proposed rules for leveraged and margined crypto trading could arrive too late, with the 2028 election cycle looming. The investment bank’s assessment suggests the framework may not be finalized before political priorities shift, leaving the regulatory treatment of margin crypto products unresolved.

TREE NEWS reports: The Canton Network recorded more than $155 million in fees in the third quarter. The network burns Canton Coin to pay for services, and its recorded daily fee pace ran below the 30-day snapshot Converge reported in June.

TREE NEWS update: Citi is detailing a stablecoin checkout service built with Coinbase that lets institutional merchants settle payments in fiat without holding digital assets. The US-first expansion was outlined by the bank, with general availability and the supported tokens still unspecified. The tie-up pairs Citi’s payments rails with Coinbase’s stablecoin infrastructure.

TREE NEWS reports: REA, a free toolkit that gives AI agents reverse-engineering capabilities, passed 100,000 GitHub stars within a week of release. The project’s output has already produced AI-decompiled game mods, console ports and Adobe software clones circulating online, including a version of GTA V running on iPhone.

TREE NEWS reports: Nasdaq-listed Solana treasury firm DeFi Development now holds about 2.59 million SOL, with its weekly purchases continuing to shrink. The company’s CHAD preferred stock hit a record. The disclosure covers the treasury position and the preferred shares, with no further figures given.

TREE NEWS update: A crypto-aligned political committee has announced a $2.7 million advertising expenditure to back “pro-crypto” candidates in US House races, with 22 days remaining before the midterm elections. The spend targets 2026 congressional contests, extending the industry’s push to elect digital-asset-friendly lawmakers.

TREE NEWS update: Binance has rolled out Binance AI, a free generative-UI trading interface, to all English-language users, following a beta that drew roughly 150,000 testers. The tool is available at no cost on the exchange. Binance did not disclose further product details in the rollout.

TREE NEWS reports: Proposed US accounting rules could make stablecoins more attractive to corporations by determining which tokens qualify as cash. Direct redemption rights are the key criterion for a stablecoin to be treated as cash under the proposed framework.

TREE NEWS update: Evernorth began trading on Nasdaq under the ticker XRPN on Monday after completing its SPAC merger, holding 473 million XRP. The stash is now worth roughly 40% less than at signing, and about 80% of SPAC investors redeemed their shares before the deal closed.

TREE NEWS reports: Andreessen Horowitz is in talks to expand its equity allocation in a funding round for startup TypeSafe AI. No amount, valuation or round stage was disclosed. TypeSafe AI has not commented on the reported discussions.

TREE NEWS reports: A cyberattack has affected multiple supermarket chains in France and several other European countries, the French retail association said. The association did not specify which chains were hit, how many stores were impacted, or when the attack was detected. No further details on the scope of the incident were immediately available.

TREE NEWS update: The UK High Court ruled on October 12 that Chinese investors’ property claims over more than 61,000 bitcoins tied to Tianjin’s Lantian Gerui illegal fundraising case must be judged under Chinese law, not English law. The decision means roughly 16,000 Chinese victims in the UK recovery process may not share in the bitcoin’s massive price appreciation, recovering at most their principal plus interest.

TREE NEWS reports: Bitcoin miners need roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps. Lenders are scrutinizing the deals as financing costs widen across the sector.

TREE NEWS update: Ontology restarted its mainnet after a security halt that lasted nearly 43 hours. The network said no funds were lost from the chain itself, but its restart statement left losses at an unnamed ecosystem project unresolved. Details of the incident and the affected project were not disclosed.