Flash News

TREE NEWS reports: A wallet linked to the CryptoBilis theft sent 464 ETH to Tornado Cash, according to on-chain Ethereum records. The funds reached the mixer through an intermediary address and four deposit wallets. About 700 ETH remained in the originating address after the transfer.

TREE NEWS reports: One year after the October 2025 crypto crash, the high-leverage and crowded-trade risks that triggered it remain in place. Bitcoin had just set an all-time high near $126,000 before falling from about $122,000 to $105,000, sparking roughly $19 billion in crypto liquidations. Connors said open interest sat near record highs as traders bet on a four-year cycle rally, and the reversal was driven by derivatives rather than on-chain demand.

TREE NEWS reports: Morgan Stanley added roughly 91.685 bitcoin two days ago through its spot bitcoin exchange-traded fund MSBT, lifting its total holdings to 10,639 BTC. The position is now worth about $880 million.

TREE NEWS reports: Hong Kong’s Securities and Futures Commission reported that the securities industry’s net profit rose 21% to HK$51.7 billion in the first half of 2026. Total net commission and interest income from securities, futures and options, leveraged foreign exchange and virtual asset trading reached HK$45.4 billion, up 13% from the second half of 2025. Virtual asset trading commission income was HK$99.3 million, down HK$15.5 million, or 13.5%, from HK$114.8 million in the prior half.

TREE NEWS reports: Strive’s SATA preferred stock offering raised an estimated $55 million in the week ended Oct. 5, enough to buy about 638 bitcoin at roughly $82,800 per coin. Weekly SATA trading volume totaled about $317 million, with the stock trading above its $100 par value Monday and most of Tuesday before falling below par Wednesday through Friday, likely pausing further issuance. Strive held 29,462 bitcoin as of Oct. 2, after buying 2,000 bitcoin between Sept. 28 and Oct. 2 at an average price of about $84,422.

TREE NEWS reports: Hyperliquid’s cumulative protocol revenue has passed $1.4 billion, with perpetual futures contributing close to 90% of the total. The figure covers revenue accrued by the decentralized exchange since launch. Hyperliquid has become one of the highest-grossing DeFi protocols, with perps remaining its dominant business line.

TREE NEWS update: Robinhood ecosystem AI project orbio has closed a $1.2 million seed round, with participating investors not yet disclosed. The project builds systems that let agents self-configure computing resources, hardware and high-performance private infrastructure, and runs an AI model credit trading market offering discounted credits for more than 400 models including Claude Fable and GPT Astra. orbio issues on the Pons platform with an Nvidia stock token as its base pool; the ORBIO token has a market cap of $53.42 million, up 26% in 24 hours.

TREE NEWS update: Robinhood ecosystem AI project orbio has closed a $1.2 million seed round. Participating investors have not yet been disclosed. The project is building a system that enables agents to autonomously provision computing resources, hardware, and high-performance private infrastructure, and operates an AI model credit trading market that offers discounted credits for over 400 models, including Claude Fable and GPT Astra. orbio issues on the Pons platform with Nvidia stock tokens as the base pool. The ORBIO token’s market cap is $53.42 million, up 26% over 24 hours.

TREE NEWS update: Derive’s DRV token hit an all-time high near $0.56 as on-chain options apps open early access. Dreaming, built on Derive infrastructure, offers BTC, ETH, SOL, HYPE, PUMP and LIT options and has distributed 500,000 Genesis Points to Jan 14–Jul 15 closed-beta traders plus 100,000 to Sep 25–Oct 6 traders, with weekly Dream Points from Oct 16. HEAT launched alongside Derive V3 with chart-based options, while PaperTrade opens pre-deposits ahead of trading on Oct 11, roughly an hour after the HyperEVM upgrade.

TREE NEWS update: Papertrade will begin trading its 1000x perpetual futures at 10 a.m. ET on Oct. 10, with $85 million in user deposits recorded ahead of the launch. The user deposits are held separately from the house-side pool, which starts at zero and grows from traders’ losses.

TREE NEWS reports: Papertrade will launch 1000x perpetual futures trading at 10 AM Eastern Time on October 10. Prior to launch, $85 million was recorded in user deposits. User deposits are held separately from the house pool, which starts from zero and grows through traders’ losses.

TREE NEWS reports: Aerodrome’s AERO token has gained 48% over four weeks, outpacing both bitcoin and ether, as the Base-based DEX holds about $393 million in total value locked. The rally comes ahead of Aerodrome’s planned merger with Velodrome. AERO trades on the Base network, where Aerodrome is the largest decentralized exchange by deposits.

TREE NEWS reports: Aerodrome’s AERO token has climbed 48% over four weeks, outpacing both Bitcoin and Ethereum. Total value locked (TVL) on Aerodrome, a Base-based DEX, stands at approximately $393 million. The rally comes ahead of Aerodrome’s planned merger with Velodrome. AERO trades on the Base network, and Aerodrome is the largest decentralized exchange on that network by deposits.

TREE NEWS update: Aerodrome’s AERO token has climbed 48% over four weeks, outpacing both Bitcoin and Ethereum. Total value locked (TVL) on Aerodrome, a DEX on Base, sits at around $393 million. The rally comes ahead of the planned merger between Aerodrome and Velodrome. AERO trades on the Base network, and Aerodrome is the largest decentralized exchange on that network by deposits.

TREE NEWS reports: On-chain sleuth Specter publicly questioned Serpin’s token generation event, saying the project launched a token it had previously said it would not issue and raised funds through an ICO. Specter said the token went live with low liquidity and was listed only on Coinbase, limiting trading venues, and criticized the team’s reduced post-TGE activity. He also asked why only 15% of funds were returned, with the remaining 85% requiring a lengthy claim process.

TREE NEWS update: On-chain detective Specter has publicly questioned Serpin’s token generation event (TGE), arguing that the project launched a token it had previously claimed it would not issue and raised funds through an ICO. Specter said the token launched with low liquidity and was only listed on Coinbase, limiting exchanges, while also criticizing the team’s reduced activity after the TGE. He also questioned why only 15% of the funds were refunded, while the remaining 85% must go through a lengthy claim process.

TREE NEWS update: According to Lookonchain, a user lost 59 ETH, worth approximately $146,800, after transferring funds from a wallet that had been inactive for over eight years to a new wallet. The old wallet had been unused for more than four years, and the attacker withdrew all the ETH about a month ago following the transfer transaction in an incident related to a Ledger security issue.

TREE NEWS reports: A user lost 59 ETH, worth about $146,800, after moving funds from a wallet dormant for more than eight years into a new wallet, Lookonchain reported. The old wallet had been untouched for over four years, and the attacker drained all the ETH following the transfer about a month ago in an incident tied to a Ledger security event.

TREE NEWS reports: A whale address 0x5EC moved 10 million POL worth about $987,000 to Binance after unwinding a leveraged position. The address had bought 25 million POL at roughly $0.1228 ($3.07 million), pledged it as collateral on Aave to borrow about $1.4 million for Binance trading, then repaid the loan and withdrew the collateral as POL fell. Selling now would mean a loss of nearly $400,000.

TREE NEWS update: Hong Kong’s Acting Secretary for Financial Services and the Treasury, Joseph Chan Ho-lim, said authorities will take appropriate enforcement action as needed against payment platforms that register only as fintech companies without holding any financial licence, to maintain financial stability and protect customers and the public. Under the Payment Systems and Stored Value Facilities Ordinance, issuing or operating a stored value facility in Hong Kong without a licence is illegal unless legally exempted. The Hong Kong Monetary Authority will intervene directly in suspected unlicensed cases and may refer them to law enforcement.