Flash News

TREE NEWS reports: Grayscale’s Ethereum Mini Trust ETF accumulated about $103.3 million worth of ETH over the past 20 days, on-chain data tracked by Arkham shows. The older Grayscale Ethereum Trust (ETHE) saw roughly $71.6 million in outflows over the same period, with the money appearing to rotate into the Mini ETF. Net of ETHE redemptions, Grayscale clients bought about $31.7 million in ETH.

TREE NEWS update: OneKey founder Yishi said recent asset losses among Ledger users have raised community concern over hardware wallet security, arguing the risk may lie not in the secure chip itself but in the ‘last centimeter’ between the protected chip and the display users trust. As of October 10, OneKey had received no reports of user fund losses tied to the incident. OneKey plans improvements in packaging, mnemonic display paths, motherboard communication, dealer authorization and user verification.

TREE NEWS reports: The attacker behind the July exploit of payment provider Triple-A has moved 4,970 ETH, worth about $12.4 million, into Tornado Cash, blockchain security firm Salus reported on Oct. 10. The funds were bridged to Ethereum and swapped, split across two intermediary addresses on Sept. 6, then consolidated into a single wallet on Oct. 9 and deposited in 56 transactions. Triple-A has said customer funds were unaffected; public estimates put its own vault losses at about $11.8 million.

TREE NEWS update: Papertrade, a perpetuals exchange built on HyperEVM by traders Jez and Blurr, opens for live trading on Saturday, October 10, after pre-deposits opened yesterday. The platform offers up to 1,000x leverage with no slippage or funding rates, using a shared USDC pool called Martingaler LP as the counterparty, and mints PAPER tokens to traders who lose.

TREE NEWS reports: Papertrade, a perpetual futures exchange built on HyperEVM, will begin live trading on Saturday, October 10, following yesterday’s start of pre-deposits. The platform offers up to 1,000x leverage, with no slippage or funding rates, using a shared USDC pool called Martingaler LP as the counterparty, and issues PAPER tokens to traders who incur losses.

TREE NEWS reports: Hyperliquid generated about $357 million in fees in Q3 2025 and roughly $202 million in Q2 2026, while Polymarket’s fees rose from about $21.53 million in Q1 2026 to around $150 million in Q2. The figures highlight a shift from narrative-driven tokenomics toward revenue-driven value capture, with Hyperliquid routing eligible trading fees to an Assistance Fund that buys HYPE.

TREE NEWS update: Catalyst, an AI trading-agent platform founded in 2025 for retail investors, closed a $30 million seed round on October 8 led by Sequoia Capital, with Jump Trading, PeakXV, Lux Capital, AntiFund, Coinbase and Premji Invest participating. The platform lets users describe investment ideas in natural language, after which its agents research, build strategies, backtest and execute trades once approved.

TREE NEWS reports: Catalyst, an AI trading agent platform founded in 2025 for individual investors, completed a $30 million seed round on October 8, led by Sequoia Capital with participation from Jump Trading, PeakXV, Lux Capital, AntiFund, Coinbase, and Premji Invest. On the platform, users can describe investment ideas in natural language, after which the agent conducts research, builds strategies, and backtests them, then executes trades after receiving approval.

TREE NEWS update: Huobi HTX launched USDEX/USDT, CEG/USDT and RLC/USDT perpetual contracts on October 10, offering 1x to 20x leverage for both longs and shorts. The exchange also opened a new-listing contract trading competition running until October 15 at 15:00 (UTC+8), with a total prize pool of 1 billion $HTX for users who register and hit specified trading thresholds.

TREE NEWS update: Tangem co-founder Andrey Lazutkin said the recent Ledger security incident reaffirms the engineering principle that complexity expands the attack surface. In a post on X, he argued that every added component, software layer and user interaction — screens, buttons, batteries, firmware — introduces new potential failure points and vulnerabilities. Lazutkin said the incident strengthens his conviction in Tangem’s minimal card design, built around a secure chip and an antenna.

TREE NEWS update: Meanwhile, a Bitcoin life insurer backed by Sam Altman, has raised additional funds, following increased international demand for its Bitcoin life insurance policies amid broader macro instability. The company did not disclose the size of the round or the investors involved.

TREE NEWS reports: Meanwhile, the Sam Altman-backed Bitcoin life insurer, has raised additional capital after international demand for its Bitcoin life insurance policies increased amid widespread macroeconomic uncertainty. The company did not disclose the size of the funding round or the investors involved.

TREE NEWS reports: Bitcoin has logged 10 “3-sigma” extreme volatility days so far in 2026 — sessions where the daily move exceeded three times its 30-day realized volatility — surpassing the eight recorded in all of 2018. Yet the asset’s annualized volatility has fallen to about 46% from roughly 84% in 2018, and the average size of those extreme moves has narrowed to about 7% from about 10%. Since 2024, Bitcoin has seen 26 such days, more than Nvidia, the S&P 500 and gold.

TREE NEWS reports: Two newly created wallet addresses, 0x4d28 and 0x5a42, withdrew 280.75 million Lobster tokens worth about $12.21 million from exchanges over the past three days. The withdrawals represent 28.08% of the token’s total supply.

TREE NEWS reports: Two wallet addresses opened a long position of 7.2 million SYN, worth about $1.34 million, on the Aster platform. The combined unrealized profit stands at roughly $450,000, with the best-performing position showing a 116% return.

TREE NEWS reports: Bitdeer said its weekly bitcoin production reached 300.6 BTC in the week to October 9 and that it sold the entire amount, leaving net additions at zero. The company’s bitcoin holdings now stand at zero, excluding customer deposits.

TREE NEWS reports: A whale that began accumulating roughly $11.6 million of UNI, LTC and BNB on Sept. 23 has moved 2,380 BNB worth $1.85 million into Binance within 20 minutes, a sale that would lock in a $73,000 loss. The address still holds 1.014 million UNI at an average withdrawal price of $8.79, down $1.409 million, and 12,397 LTC at an average of $67.86, down $54,000.

TREE NEWS update: A whale that began accumulating roughly $11.6 million worth of UNI, LTC, and BNB since September 23 moved 2,380 BNB (worth $1.85 million) to Binance within 20 minutes, with the sale set to lock in a $73,000 loss. The address still holds 1,014,000 UNI at an average withdrawal price of $8.79, recording an unrealized loss of $1,409,000, and holds 12,397 LTC at an average of $67.86, seeing a loss of $54,000.

TREE NEWS update: Hyperliquid’s network is scheduled to upgrade at around 16:15 Beijing time (08:15 UTC) today, with roughly 10 minutes of downtime expected. The upgrade notice was published ahead of the maintenance window.