Flash News

TREE NEWS reports: The attacker behind the Ledger incident has transferred 2,990 ETH into Tornado Cash. Separately, an analyst flagged more than 20 Ledger resellers as potentially high-risk and urged users to check where they buy hardware wallets. Ledger has not publicly confirmed the fund movement.

TREE NEWS update: Coldcard said it is investigating how a phishing link appeared on its X account, and advised users not to visit or interact with the link. The Bitcoin hardware wallet maker said it will share any further verified updates.

TREE NEWS reports: An attacker linked to the CryptoBilis Ledger hardware wallet incident deposited 2,990.3 ETH, worth about $7.45 million, into Tornado Cash between Oct. 9 and Oct. 10. On-chain sleuth Specter said the funds were first withdrawn across 14 addresses, bridged to the ZEC network via NEAR Intents and further privacy-processed. Some withdrawal transactions reused earlier deposit addresses, leaving traces researchers could follow.

TREE NEWS reports: Polymarket traders priced a 63% probability that bitcoin will fall to $80,000 at some point during the remainder of October, a 13 percentage-point rise in a single week. The market settles on Binance’s BTC/USDT pair, resolving Yes if any one-minute candle high within the month reaches the strike price.

TREE NEWS update: Capitalonline has signed a service agreement with a leading Chinese internet company to lease out the entire high-power cabinet capacity of Phase 1 of its Huailai data center in Hebei province, with Capitalonline providing colocation and related operations and maintenance services. The project is Capitalonline’s first large-scale facility in Hebei to shift from subleasing racks to self-built operations, targeting high-density deployments such as AI training and intelligent computing.

TREE NEWS reports: Crypto analyst Ali says Ethereum is forming an ‘Adam and Eve Bottom’ pattern on the 10-minute chart. The key resistance is the neckline around $2,520; a sustained close above that level could confirm a bullish breakout and open the way toward a $2,640 target.

TREE NEWS reports: A single whale has racked up roughly $10.301 billion in cumulative trading volume while posting a lifetime loss of about $933,200, with no positions currently open. All 1,058 settled positions used 1000x leverage, 37 of them were liquidated, and cumulative margin losses reached about 361,000 USDC across bitcoin and ether. The same wallet has staked about 84.98 million PAPER, roughly 1.59% of total platform staked supply, claiming about 223,900 USDC in rewards.

TREE NEWS reports: A prediction-market account down $610,000 bought $43,000 of 100 Thieves to beat NRG at VCT Champions 2026, opening at an average price of 57.7¢ for 74,553.4 shares. The best-of-three match, in which the loser is eliminated, starts at 17:00 on October 11.

TREE NEWS reports: Crypto analyst Darkfost said more than 20 Ledger resellers, including some Lazada merchants, may carry potential risk after a hardware wallet security incident involving reseller CryptoBilis. Ledger has confirmed unauthorized hardware tampering in one affected user’s device and that an investigation into CryptoBilis is ongoing, but it remains unclear whether CryptoBilis is the only compromised channel. Darkfost said the full scope is still hard to determine and that regional links between resellers mean simultaneous supply-chain compromise cannot be ruled out.

TREE NEWS reports: Ethereum’s 24-hour trading volume on Hyperliquid has surpassed Bitcoin’s, reaching about $1.1 billion. Analysts linked the rise to a suspected mechanism exploit on PaperTrade, which may have driven up ETH trading demand. Crypto trader Rune had earlier flagged that PaperTrade’s own documentation disclosed a pricing-manipulation risk involving Hyperliquid’s best bid and offer order book.

TREE NEWS reports: Ethereum’s 24-hour trading volume on Hyperliquid has surpassed Bitcoin, reaching approximately $1.1 billion. Analysts link this surge to the suspected exploitation of a mechanism on PaperTrade, which may have boosted ETH trading demand. Crypto trader Rune previously pointed out that PaperTrade’s own official documentation disclosed price manipulation risks involving Hyperliquid’s best bid and best ask order book.

TREE NEWS update: On Hyperliquid, Ethereum’s 24-hour trading volume surpassed Bitcoin’s, reaching approximately $1.1 billion. Analysts link this surge to a suspected mechanism exploit on PaperTrade, which may have driven up demand for ETH trading. Crypto trader Rune previously pointed out that PaperTrade’s own official documentation disclosed the risk of price manipulation related to Hyperliquid’s top bid and ask order book.

TREE NEWS reports: Crypto trader Rune said on X that PaperTrade’s official documentation already discloses an “attack” risk in its pricing mechanism, identifying manipulation of Hyperliquid’s BBO (Best Bid and Offer) order book as the protocol’s main risk point. The disclosure covers unresolved manipulation paths, contract economics and exposure controls, and operational safeguards and permission management, Rune said.

TREE NEWS update: Ledger confirmed an unauthorized hardware implant affecting its devices, with losses potentially exceeding $86 million. The hardware wallet maker said the incident appeared to be isolated to a single reseller and its Southeast Asian market.

TREE NEWS reports: A Bitcoin address dormant for 15.9 years was reactivated, holding 0.05 BTC worth about $4,152. The reactivation was flagged by blockchain tracker Whale Alert. The address had been inactive since roughly late 2009.

TREE NEWS update: The Central Bank of Argentina will not allow crypto assets into the banking and payment system in the near term, said Juan Curutchet, head of financial and foreign exchange institutions supervision at the BCRA. The 2022 rule barring financial institutions from offering crypto services stays in place, he said, adding that Argentina’s economic fragility does not support such a move. Any lifting of the ban would depend on economic conditions and could be discussed in a second Milei term.

TREE NEWS reports: Six wallets opened 3x leveraged long positions totaling 11.7 million LUMIA on Aster, worth $1.9 million, after the token rose 100%, on-chain tracker Lookonchain said. The positions show roughly $949,000 in unrealized profit, with the best-performing wallet up more than 160%.

TREE NEWS reports: A Jefferies fund told a court it has evidence of fraud in receivables financing deals worth nearly $900 million involving iron ore traders Radiant World and Sapphire Minmetals. The claim, made by the fund’s lawyers in a written statement, substantially expands the known scale of the alleged fraud.

TREE NEWS update: The CFTC has proposed two measures aimed at separating prediction markets from casino gambling, setting the stage for a potential US Supreme Court battle over federal and state jurisdiction. The proposals seek to draw a regulatory line between event-based prediction contracts and games of chance as the agency asserts its authority over the sector.

TREE NEWS update: Hardware wallet maker COLDCARD said its official X account was compromised and published a post containing a phishing link, which has since been deleted. The account has used offline 2FA with strictly limited access since 2017, and COLDCARD said it found no login, session or access records, with credentials and offline 2FA secure. The team has contacted X and is reviewing all account permissions, suspecting unauthorized platform-level or admin access.