Flash News

TREE NEWS update: Ajay Shinjin, 25, was sentenced to two and a half years in prison on October 8 for his role in a SIM-swap fraud that stole nearly £200,000 ($265,000) in crypto assets, City of London Police said. The gang ported victims’ phone numbers to SIM cards they controlled to intercept SMS verification codes and access crypto accounts. Shinjin personally received over £44,000, which he spent on Dubai trips, a high-end apartment and gold-plated dental work. He had pleaded guilty to conspiracy to defraud and transferring criminal proceeds.

TREE NEWS update: Ajay Shinjin has been jailed for his role in a SIM-swap scheme that stole nearly $265,000 in crypto after criminals hijacked BT customers’ phone numbers in November 2021. He spent the proceeds on gold grills and Dubai trips.

TREE NEWS update: Berteli chairman Yuan Yongbin said on October 9 that a brake pedal could not be snapped by an ordinary driver, arguing the tester applied lateral force and the pedal was pried off in an abuse condition. He said the national standard requires the pedal to withstand 200 kg for five seconds under straight-on pressure, not sideways force. Berteli also denied supplying parts for the Zunjie vehicle.

TREE NEWS reports: Bitcoin briefly fell below $81,000 to $80,400 before rebounding above $82,000, while ether dropped to about $2,400. Roughly 180,000 traders were liquidated in 24 hours for nearly $1.1 billion, about $935 million of it longs. Lookonchain tracked the US government depositing 17,733 BTC worth $1.48 billion plus 750 WBTC to Coinbase Prime over three days, during which BTC fell 6.9%.

TREE NEWS reports: US pre-market crypto-linked stocks traded broadly higher on Oct. 9, with Circle (CRCL) up 2.18%. Strategy (MSTR) gained 2.24%, Coinbase (COIN) rose 1.86%, Robinhood (HOOD) added 1.77% and BitMine (BMNR) climbed 1.67% in pre-market trading.

TREE NEWS update: South Korean crypto exchange Upbit will list the KAIA token on its Korean won, Bitcoin and USDT markets, with trading set to begin at 18:30 local time on October 9. The exchange announced the listing in an official notice. The token will be available against three quote currencies.

TREE NEWS update: Binance Alpha will remove 14 tokens from its platform at 16:00 (UTC+8) on October 9, including SUP (Superp), CUDIS, PYTHIA, BLUM, KIN, DN, GAIA, STRIKE, CDL, KO, VRA, EPT, SLX and CAI. Withdrawals and selling of the affected tokens will remain available after the removal.

TREE NEWS reports: A test video showing a fractured brake pedal bracket on the Zunjie V800 has sparked widespread speculation over who supplies the part. Dongchedi said the pedal material used in a “Zhi” model is identical to that of the Zunjie V800, with the same quality inspector and part numbers differing by one digit — TQR48-501000-01 for the Zhi vehicle and TH01-501000-02 for the Zunjie V800. Kaizhong Shares has responded to the supplier claims.

TREE NEWS reports: A newly created wallet received 110,000 HYPE, worth $9.73 million, from another wallet and immediately staked the entire amount, on-chain tracker Onchain Lens reported on October 9. The transfer and full staking of the tokens occurred in the same transaction flow.

TREE NEWS reports: Liquid Capital founder Yu Lihua said Bitcoin has lost the $82,000 level and the next support sits at $79,000, adding that the current pullback is not over. Given the pace of the past two days’ decline, he leans toward a break below $79,000, after which he would watch the $75,000 area. Yu said the market remains in a bull trend and the pullback is normal volatility within it.

TREE NEWS reports: Bitcoin ETFs lost $244 million on Thursday, extending October outflows toward the $1 billion mark. Ether funds bled $641 million, stretching their outflow streak to eight straight sessions. The combined withdrawals underscore a broad retreat from US-listed spot crypto exchange-traded funds this month.

TREE NEWS update: Binance will open its Alpha airdrop and trading at 17:00 (UTC+8) on October 9, using an upgraded “Alpha Blind Box” format whose prize pool spans multiple projects’ tokens. Users holding at least 245 Binance Alpha points can claim one token reward on a first-come, first-served basis, with each claim costing 15 Alpha points. Rewards are split into three tiers — common (80% of the pool), rare (15%) and hidden (5%) — and if the pool is not fully distributed, the points threshold automatically drops by 5 every five minutes.

TREE NEWS reports: Trader @XXAntiWar opened a fresh short on ZEC about two hours ago, holding a 3x leveraged position of 3,356.65 ZEC worth $4.11 million at an entry price of $1,221.4296. The trader closed a short for a $545,000 profit 14 hours earlier. Across 13 ZEC trades since September, the win rate was 61.5% (8 wins, 5 losses), with cumulative gains of $216,000 and shorts making up 84.6% of the trades.

TREE NEWS update: Binance has placed Biconomy (BICO) and Civic (CVC) under its Monitoring Tag, the exchange said in an official announcement on October 9. Tokens carrying the tag typically show higher volatility and risk, Binance said, and may no longer meet its listing standards, putting them at risk of delisting.

TREE NEWS reports: Trader Ansem said the current Bitcoin pullback is a potential opportunity to add to high-conviction positions. BTC recently tested its year-to-date open near $87,500 before falling back to around $81,700, with $75,000 the key level to watch below; reclaiming $87,500 would further strengthen the bullish case. He named interest rates and geopolitical tensions as the biggest macro risks and said he prefers gradual accumulation as long as market structure holds.

TREE NEWS reports: HTX DeepThink author and HTX Research analyst Chloe said the core tension in global risk assets has shifted from whether the Fed hikes in October to how long US rates stay high, Japan’s monetary normalization and a potential exit of leveraged capital. St. Louis Fed President Musalem said further tightening may still be needed over the next six to nine months. BTC fell below $83,000 as high rates cut allocation appetite.

TREE NEWS reports: Ether broke above $2,500, trading at $2,500.27 per coin with a 2.65% gain over the past 24 hours. The move marks a fresh push past the round-number level for the second-largest cryptocurrency.

TREE NEWS reports: A trader with a 100% win rate and $9.26 million in total profit opened a 20x leveraged long on 12,000 ETH, worth $29.88 million, after the market decline. The position, held by address 0x2371, is currently showing an unrealized gain of $626,000.

TREE NEWS reports: Bitcoin miner MARA Holdings sold 996 BTC worth approximately $81.13 million, on-chain monitoring firm Lookonchain reported on October 9. The transaction marks a notable disposal by one of the largest publicly listed bitcoin mining companies.

TREE NEWS update: Solana will shorten its target block time from 250 milliseconds to 200 milliseconds on Friday at epoch 1053, completing a series of block-time reductions begun in August. The upgrade gives the network five block-production opportunities per second, while per-block compute limits are lowered to keep overall throughput roughly unchanged. Faster blocks cut transaction latency and time-bandwidth arbitrage, but raise validator voting demands and shorten transaction validity windows.