Flash News

TREE NEWS reports: Selling new common shares above net asset value increases assets per share for crypto treasury companies, while selling below NAV dilutes holders even when crypto prices are unchanged. The dynamic means the same crypto holdings can translate into more or less crypto per share depending on issuance price relative to NAV.

TREE NEWS update: Polygon has extended its stablecoin payments infrastructure to Solana, giving businesses on that network a single integration for bank funding, embedded wallets, cross-chain transfers and global payouts. Cross-border payments firm Kira is among the first adopters of the expanded service.

TREE NEWS update: Polygon has extended its Open Money Stack to Solana, following the addition of Tron support and its acquisition of Coinme. The expansion brings Polygon’s payment infrastructure to a second major non-Ethereum blockchain, widening the stack’s reach across networks.

TREE NEWS update: Polygon has added Solana to its payments platform, connecting businesses to bank funding, cross-chain transfers, stablecoins and global payouts. The integration lets companies move funds between bank accounts and multiple blockchains through a single stack. No timeline or fee details were disclosed.

TREE NEWS update: Justin Sun-linked exchange HTX has agreed to stop targeting UK consumers as part of a settlement with the Financial Conduct Authority, the regulator said. The agreement ends the FCA’s first case against a crypto firm over marketing. HTX will leave the UK market under the settlement.

TREE NEWS update: CALB Chairman Liu Jingyu said at the company’s 2026 Global Ecosystem Partner Conference that product deliveries will rise sharply again in 2026, with shipment volumes expected to grow multi-fold in 2027 as capacity gaps are filled and new application scenarios emerge. CALB’s power and energy-storage battery shipments reached 116 GWh in 2025, up about 65% year on year. CALB cited industry forecasts that global annual power and storage battery shipments will exceed 5 TWh by 2030.

TREE NEWS reports: Chainalysis has traced North Korean crypto cash-outs through the sanctioned exchange Garantex, following US sanctions against 10 people and one entity accused of helping North Korean IT worker schemes fund weapons programs. The analysis maps how the proceeds were moved through the exchange.

TREE NEWS reports: Bitcoin ETFs have turned positive for the month after pulling in more than $400 million in inflows this week, setting up what could be a strong November. The reversal comes as hedge funds have exited the BTC ETF trade and sovereign wealth funds have stepped in as buyers.

TREE NEWS update: Phase launched its mainnet with $45 million in backing from Unlimit founder Kirill Eves. The network lets smartphone owners earn tokens by validating transactions and sharing internet connections with AI agents. The funding was disclosed alongside the mainnet launch.

TREE NEWS update: HTX has agreed to stop crypto marketing in the UK until October 2031 following an FCA case, the exchange said. Deposits and new account registrations for UK users are already blocked. The undertaking ends HTX’s UK promotional activity for more than six years.

TREE NEWS update: Utah Attorney General Derek Brown filed 14 criminal charges against Kalshi and co-founders Tarek Mansour and Luana Lopes Lara on Oct. 28, including one second-degree felony and 12 third-degree felonies tied to online gambling promotion. The charges stem from a September undercover operation in which a Utah investigator placed 12 bets on the platform. Kalshi called the charges “crazy overreach” and said it will fight them in court.

TREE NEWS reports: A new report from Rootstock argues that putting institutional Bitcoin holdings to work through lending, collateral and financing could create demand beyond Bitcoin’s store-of-value role. The report says these yield-generating use cases may drive the next wave of institutional interest in the asset.

TREE NEWS update: Coinbase has applied for authorization to operate in Brazil ahead of the country’s Oct. 30 licensing deadline, the exchange said. It expects to maintain existing services while regulators review the application, with no disruption anticipated. Brazil has been tightening requirements for crypto firms under its new licensing regime.

TREE NEWS reports: European investors ranked cryptocurrency above retirement plans as a vehicle for lasting wealth creation. The finding contrasts with prior surveys showing US investors are skeptical about crypto’s role in retirement accounts. The survey did not disclose the number of respondents or the margin of error.

TREE NEWS update: Intercontinental Exchange, owner of the New York Stock Exchange, is partnering with Trade.xyz to set up a separate U.S. exchange and clearinghouse for round-the-clock Hyperliquid perpetual contracts. The plan still requires approval from the Commodity Futures Trading Commission. Stan Druckenmiller is also investing in the venture.

TREE NEWS update: The U.S. Treasury Department’s Office of Foreign Assets Control sanctioned 11 individuals and entities tied to a North Korean IT worker scheme, including two Russian nationals who converted more than $5 million in crypto for North Korean networks. OFAC listed the wallets used in the conversions, which moved millions in digital assets to fund the sanctioned networks.

TREE NEWS update: Curve Finance went live on the Stellar mainnet on Oct. 29, marking its first native deployment outside the EVM ecosystem. Users can create pools, swap assets and provide liquidity. Curve also plans to add an FXSwap feature, pending audits, for trading stablecoins pegged to different currencies.

TREE NEWS update: Utah has filed felony charges against Kalshi and its co-founders over sports betting, alleging an undercover agent placed a dozen sports wagers on the platform. The action comes a day after the CFTC sued Utah to block the state’s enforcement actions against prediction markets. The charges mark an escalation in the conflict between state regulators and federally regulated event-contract exchanges.

TREE NEWS reports: ARK Invest bought about $9.1 million of Robinhood stock on Wednesday, its largest purchase of the shares since April 29. The move follows an early-October sale by the firm of roughly $47.5 million of Robinhood stock between Oct. 6 and Oct. 9, when the shares closed between $107 and $112. The purchase came after Robinhood’s third-quarter earnings, which showed crypto trading revenue down 55% year-over-year to $120 million and crypto trading volume down 38% to $50 billion.