TREE NEWS reports: A wallet tied to Kanye West (0xdeA…a1d5c) has supplied 18,500 WETH to Aave and borrowed $25.01 million in stablecoins, leaving the position at a health score of 1.51, on-chain analyst Ai Yi reported. Since Sept. 29 the address has withdrawn 12,500 ETH worth $32.04 million from Binance and averaged down from $2,736.47 to $2,460, cutting its long ETH entry to $2,553.31. Seven hours ago it moved 5 million USDC to 0x4BA…82cE2, an address with frequent fund links to the Kanye wallet.
TREE NEWS reports: A whale that has been looping long ETH since late September added another 9,000 ETH, lowering its average long entry price to $2,553.31. The address has deposited 18,500.54 WETH worth $45.53 million into Aave and borrowed $25.01 million in stablecoins, leaving a health score of 1.51. Since Sept. 29 it has withdrawn 12,549.9 ETH worth $32.04 million from Binance via the strategy, adding to the position from $2,736.47 down to $2,460.
TREE NEWS update: GMLabs-003, a new GMX governance proposal, would direct all remaining Solana-side protocol revenue after GT buybacks toward repurchasing GMX tokens for the staking reward pool, while keeping the GT buyback mechanism unchanged. It would also impose a 180-day unstaking waiting period on existing and new GMX and esGMX staking positions on Arbitrum and Avalanche, counted from the unstaking request, with pending requests cancellable and no migration required. Implementation is planned for Oct. 28, subject to readiness.
TREE NEWS update: Aero, the combined exchange formed by the merger of Aerodrome and Velodrome, went live across seven networks. VELO tokens convert at a rate of 0.044 AERO, and locked positions become sAERO under the new structure.
TREE NEWS update: Aerodrome and Velodrome have merged and launched Aero, a combined protocol deployed across Ethereum mainnet, Base, Robinhood Chain, Ink, OP Mainnet, Arc and Arbitrum. The combined entity spans seven blockchain networks, consolidating the two venues into a single multichain platform.
TREE NEWS update: Aerodrome and Velodrome have merged into a single exchange called Aero, which went live on seven networks including Ethereum, Arbitrum and Robinhood Chain. All exchange revenue now flows to AERO stakers, who can also direct the protocol’s liquidity rewards toward the markets they expect to earn fees from.
TREE NEWS reports: A wallet created three hours before launch minted Kimchi’s coin on Pump.fun, buying 79% of the supply for about $9,300 and designating a single address as the permanent, unchangeable recipient of every creator fee the coin will ever pay. Pump.fun’s own profile page for that address titles it “Kimchi.”
TREE NEWS update: Obol has urged node operators to immediately upgrade its Charon client after a certificate authority key compromise, issuing a patch that updates certificate checks in Go. The protocol’s mainnet cluster balances totaled 422,862 ETH in its latest daily snapshot. Obol did not specify how the key was compromised or whether any funds were affected.
TREE NEWS reports: USDC Treasury minted 750 million USDC on the Solana network in three separate transactions between 06:09 and 06:11 Beijing time on October 22. Each transaction created 250 million USDC, with the total issuance valued at approximately $750 million.
TREE NEWS update: Matter Labs has made Prividium Commander generally available at launch, a control plane for bank digital-asset operations. CEO Alex Gluchowski said revenue from the product goes to Matter Labs rather than ZKsync tokenholders.
TREE NEWS update: Tether has invested in Bolivian fintech Peso to support its expansion across four Latin American markets, where the company connects stablecoin payments to merchant services and local banking networks. The investment will back Peso’s push to link USDT payments to food delivery and banking services. Tether did not disclose the size of the investment.
TREE NEWS update: Dolomite has added $100 million in Bitcoin-backed collateral from Concrete, allowing Concrete to borrow against Bitcoin held at BitGo. Liquidations require offchain custody settlement rather than an instant onchain sale, meaning positions cannot be closed immediately through a decentralized exchange.
TREE NEWS reports: A hypothetical 100-contract trade bought at 40 cents and sold at 60 cents yields nearly identical taker profits on Polymarket US and Kalshi. The analysis found that resting orders and the method used to fund an account can change the comparison between the platforms.
TREE NEWS reports: Pump.fun transferred 129,800 SOL, worth about $14.06 million, from its fee wallet to Kraken, on-chain data show. The receiving address is labeled as a Kraken exchange deposit address, and the funds were moved in multiple transactions into Kraken’s hot wallet. The transfer may indicate a sale.
TREE NEWS update: The UK Financial Conduct Authority published two consultation papers clarifying how DeFi and crypto rules apply. DeFi guidance GC26/7 helps regulated firms using DeFi meet operational resilience, financial crime and anti-money-laundering requirements, clarifying existing rules rather than creating new policy. Crypto perimeter guidance CP26/36 sets out exemptions under the new regime, including temporary settlement arrangements and holding UK qualifying stablecoins for payments. Both consultations close November 18, with final guidance due January 2027 and the new regime effective October 25, 2027.
TREE NEWS update: The Cardano Foundation is urging the European Union not to expand MiCA rules to cover DeFi and staking, calling for regulation based on financial risks rather than technology. The foundation warned that overlapping rules could create uncertainty for crypto businesses across the EU.
TREE NEWS update: The UK Financial Conduct Authority has opened consultations on guidance for decentralized finance and its crypto regulatory framework, the regulator said. The consultations came just weeks after the agency began accepting applications from companies under its new crypto regime. The move marks a further step in Britain’s effort to formalize oversight of crypto and DeFi activity.
TREE NEWS update: OKX has combined euro and EURC liquidity into one spot order book, letting eligible European Economic Area users convert euros to EURC at a 1:1 rate and settle in either asset. Trading fees depend on each user’s tier and transaction.
TREE NEWS update: The UK Financial Conduct Authority has proposed guidance on when decentralized finance interfaces require authorization in the UK, alongside a separate paper on how regulated firms must manage DeFi risks. Both consultations close on Nov. 18. The proposals clarify the regulatory perimeter for DeFi front-ends and set risk-management expectations for authorized firms involved in DeFi.
TREE NEWS update: Eclair released a security patch for Lightning Network bugs that could let peers steal funds, its second security release in five days. Node operators can upgrade without closing channels, though Eclair must be stopped and restarted to apply the fix.