Flash News

TREE NEWS update: Crypto wallet providers operating in the EU must file an early vulnerability report within 24 hours of an exploit and a full notification within 72 hours, under new cyber rules. Non-compliance exposes them to administrative fines of as much as $17.3 million.

TREE NEWS update: China’s National Healthcare Security Administration published a list of pharmaceutical companies rated “especially severely dishonest” or “severely dishonest” in its price and procurement credit evaluation, compiled by its pharmaceutical price and bidding guidance center as of July 1, 2026. Ratings have followed the 2025 discretionary benchmark since the third quarter of 2025, while firms rated under the 2020 version remain listed until their original rating is cleared.

TREE NEWS update: China’s Cyberspace Administration registered 124 new generative AI services between July and August, including seven that provide on-device generative AI services on mobile phones, bringing the cumulative total to 1,112 filings as of August 31. An additional 133 generative AI applications or functions that call already-registered model capabilities via API or other means completed local registration, for a cumulative 731.

TREE NEWS reports: A third party using a real government email domain obtained identity documents and full bitcoin transaction records from Revolut after the fintech complied with a fraudulent government request. Customer passports and complete bitcoin transaction histories were handed over, the report said. The incident highlights data-security risks at crypto-friendly financial platforms handling sensitive customer information.

TREE NEWS reports: Revolut handed over customer passports and full bitcoin transaction histories in response to a fraudulent government request. A third party using a real government email domain obtained the identity documents and transaction records. The breach involved a request that appeared to come from an official government source but was not legitimate.

TREE NEWS reports: Revolut disclosed customer passports and full bitcoin transaction histories to a third party that used a real government email domain to pose as an official authority. The fraudulent request was honored by the digital bank, handing over identity documents and complete bitcoin transaction records. The incident was reported on the same day.

TREE NEWS reports: Revolut handed over customer passports and full bitcoin transaction histories to a third party using a real government email domain. The fraudulent request was made through a legitimate government email domain and yielded identity documents along with complete bitcoin transaction records. It was not immediately clear how many customers were affected or when the disclosure occurred.

TREE NEWS update: Revolut handed over customer passports and full bitcoin transaction histories to a third party impersonating a government agency using a real government email domain. The fraudulent request, which has not been dated, yielded identity documents and complete bitcoin transaction records. The incident underscores the risk of social-engineering attacks that exploit trusted government email domains to extract customer data from crypto platforms.

TREE NEWS reports: Revolut handed over customer passports and full bitcoin transaction histories to a third party using a real government email domain, in what was a fraudulent request. The data included identity documents and complete bitcoin transaction records. The incident was disclosed in a report on the breach.

TREE NEWS update: Senator Cynthia Lummis unveiled what she calls the final draft of the Clarity Act on the eve of Tuesday’s cloture vote. Senate Republicans say the text addresses 126 Democratic demands, and Trump has accepted ethics limits in the bill. Cloture requires at least seven Democratic votes to advance.

TREE NEWS update: Senator Cynthia Lummis has released the final draft of the Clarity Act, with Senate Republicans saying the text addresses 126 Democratic demands. The bill faces a cloture vote on Tuesday, needing at least seven Democratic votes to advance. Trump has accepted ethics limits in the revised draft.

TREE NEWS update: Gate has launched a security education series with blockchain security firm BlockSec, focused on phishing, social engineering and identity impersonation. BlockSec co-founder Zhou Yajin said attackers bypass cryptography entirely, citing the Cheng v. T-Mobile SIM-swap case in which 15 BTC was stolen via a hijacked Telegram account. Gate said its 24-48 hour withdrawal cooling-off period locks an account’s withdrawals when new addresses or security settings are changed. Gate cited reserves of $8.215 billion at a 127% ratio, audited by HACKEN on August 19, 2026.

TREE NEWS update: Gate, the exchange serving over 60 million users, launched a security column with blockchain security firm BlockSec covering phishing, social engineering and insider attacks. BlockSec, founded in 2021, serves over 1,000 clients and has protected more than $50 billion in on-chain assets. Gate said new withdrawal addresses face a 24-48 hour cooling-off period, and its latest proof-of-reserves audit by HACKEN showed $8.215 billion in total reserves at a 127% ratio.

TREE NEWS update: Gate and blockchain security firm BlockSec have launched the first installment of a security course focused on phishing, social engineering and identity impersonation. BlockSec co-founder Zhou Yajin cited the Cheng v. T-Mobile SIM-swap case, in which an attacker took over a Telegram account and induced a victim to send 15 BTC. Gate said its new wallet addresses carry a mandatory 24- to 48-hour cooling-off period, and its latest proof-of-reserves audit on 19 August 2026, completed by HACKEN, showed $8.215 billion in total reserves at a 127% ratio.

TREE NEWS update: Gate has launched a security course with blockchain security firm BlockSec to address phishing, account takeover and social engineering, which the exchange says account for the largest losses in the industry. BlockSec, founded in 2021, serves over 1,000 clients and has protected more than $50 billion in on-chain assets. Gate, founded in 2013, serves over 60 million users and said its latest proof-of-reserves audit, completed by HACKEN on August 19, 2026, showed total reserves of $8.215 billion and a 127% reserve ratio.

TREE NEWS reports: Bitcoin traders are bracing for volatility this week as the CLARITY Act awaits a Senate vote to move forward and the Federal Reserve is due to announce its latest rate decision. Both events are expected to drive price action in the crypto market.

TREE NEWS reports: Bitcoin traders are bracing for volatility as the CLARITY Act awaits a Senate vote to move forward and the Federal Reserve is due to announce its latest rate decision. Both events fall in the same week, putting crypto market participants on alert for sharp price swings. The CLARITY Act vote will determine whether the bill advances in the Senate.

TREE NEWS reports: Bernstein analysts said the Clarity Act is making more progress than markets expect, arguing that “any positive surprise is definitely not priced in.” The note comes ahead of Tuesday’s cloture vote and Wednesday’s Federal Reserve decision, with crypto markets holding a bearish bias into both events.