Flash News

TREE NEWS update: STRK surged more than 40% in 24 hours to $0.0684 while bitcoin fell below $80,500, after StarkWare CEO Eli Ben-Sasson said the team is weighing options including spinning Starknet off Ethereum into a standalone L1. The move is tied to accelerating quantum-resistant upgrades, which Ben-Sasson said could make Starknet fully quantum-safe by 2027. No decision has been made, and Starknet’s 24-hour fee revenue stood at just $13,700.

TREE NEWS update: Crypto projects are among the applicants for Anthropic’s new opt-in frontier AI security service, which promises vulnerability reports generated by its strongest models, including Claude Mythos. The offering is positioned as a way for teams to surface security flaws in their code. Anthropic has not disclosed how many crypto teams applied or which ones.

TREE NEWS update: PONS founder Ozzy said on X that he bought a small amount of spot BTC, his first purchase since January 2023. He compared the overnight BTC drop to the sharp decline after the FTX bottom in 2023, and said he plans to accumulate one full bitcoin through dollar-cost averaging, arguing few people actually hold a whole BTC.

TREE NEWS update: Solana is scheduling a final reduction of its slot times to 200 milliseconds, with per-block computing limits shrinking to preserve overall network capacity. Validators will face more frequent voting and shorter block production windows as a result. The change marks the last step in the network’s slot-time reduction schedule.

TREE NEWS update: Thailand has finalized rules that pave the way for Bitcoin and Ether ETFs, which will take effect next week. The funds will be permitted to trade exclusively on the Stock Exchange of Thailand.

TREE NEWS update: BitMine Immersion Technologies will stop accumulating ether once its holdings reach 5% of total supply, chairman Tom Lee said at TOKEN2049 Singapore, calling the company the largest corporate ETH holder. BitMine held 6,016,414 ETH as of Oct. 4, or 4.9% of the 122.1 million supply, needing roughly 88,586 ETH more. Lookonchain reported a suspected additional 12,500 ETH purchase via BitGo on Oct. 7. BitMine has staked about 5.07 million ETH, 84% of its holdings.

TREE NEWS update: DiffuSpace, a diffusion large language model (dLLM) developer, completed two consecutive funding rounds totaling several hundred million yuan, led by Matrix Partners China, Shunwei Capital and Legend Capital, with CAS Star, Huawei Hubble and Horizon Robotics among the followers. The company said the raise is the largest on record globally in the dLLM sector.

TREE NEWS update: Maextro Auto issued a statement responding to a broken brake pedal bracket found during testing of its V800 model. Shortly after the statement was released, Huawei executive director and Terminal BG chairman Yu Chengdong reposted it on WeChat Moments, his first public comment on the V800 test controversy. His WeChat profile picture is a photo of him with the Maextro V800.

TREE NEWS update: Polymarket has begun charging fees on market orders for geopolitical events, while limit orders remain free. The platform’s documentation has not yet been updated, with the fee parameter for geopolitical events still listed as zero. The change was visible on Polymarket trading pages.

TREE NEWS update: The Securities Association of China has drafted a code of conduct for sponsor representatives and is seeking industry feedback. The rules bar using AI tool outputs as a substitute for professional judgment and prohibit signing off without due diligence. They also tighten conflict-of-interest and anti-corruption requirements across the full sponsorship process, including pre-investment before project approval and retrospective benefit arrangements after termination.

TREE NEWS reports: Data centre company FIRMUS is considering a US listing after its planned Australian IPO was put on hold. No timetable, exchange or offering size was disclosed. The company has not commented on the report.

TREE NEWS update: A Senate Democrat has sent Cantor Fitzgerald a letter seeking answers about its ties to Tether, following a report by Democratic investigators last month alleging that Tether’s USDT has become a key tool for Iran’s shadow banking network. The letter puts the Wall Street firm’s relationship with the stablecoin issuer under fresh scrutiny.

TREE NEWS update: A Coinbase cryptographer dismissed Drake’s ‘bunker mode’ warning as ‘the very definition of FUD’, arguing the threat model is misplaced. Vitalik Buterin said the risk of AI-accelerated math is real but pointed it at lattices rather than elliptic curves. A former Ethereum Foundation researcher added that bunker mode would not help if the curves actually broke.

TREE NEWS update: Butterfly Effect, the parent company of AI agent Manus, has raised more than $500 million in a single funding round, a record for a Chinese agent-native startup. Tencent and Sequoia China participated as investors. The round marks one of the largest single raises by a domestic AI agent developer.

TREE NEWS update: Coinbase Markets said it will suspend trading for Balancer (BAL) and Tensor (TNSR) on Nov. 9 at about 14:00 ET, or Nov. 10 at about 03:00 Beijing time, citing a recent review. The suspension covers Coinbase.com, Coinbase Exchange and Coinbase Prime. Order books for both assets have already moved to limit-only mode, while user assets can still be withdrawn normally.

TREE NEWS reports: Peer-to-peer stablecoin wallet activity in China has surged 43-fold despite the country’s ongoing ban on crypto trading, while South Korea’s crypto economy has reached $450 billion, the largest in East Asia. The figures underscore continued stablecoin demand in markets where formal crypto services are restricted.

TREE NEWS update: Australia-based data center company Firmus Grid Ltd. has withdrawn its application to list on the Australian Securities Exchange, shelving its IPO plans. In a statement, the board said recent market volatility and current conditions meant the offering could not properly reflect the company’s business strength and long-term growth prospects. Firmus said it will now seek capital from private markets and consider other public and private options.

TREE NEWS reports: US Senator Richard Blumenthal, a senior Democrat on the Senate investigation panel, is continuing to examine stablecoin issuer Tether’s financial relationships and has written to Cantor Fitzgerald CEO Brandon Lutnick requesting information on the two firms’ ties. Cantor Fitzgerald holds and manages Tether’s reserve assets in the United States, and the companies have several other business interests. Brandon Lutnick, son of US Commerce Secretary Howard Lutnick, took over Cantor’s leadership after his father joined President Donald Trump’s administration.

TREE NEWS update: Netflix released the trailer for ‘The Altruists,’ described in its synopsis as ‘a toxic love story inspired by a real fraud,’ a nod to the FTX collapse. The trailer drew 4.2 million views in seven hours, with the most-shared replies from crypto accounts criticizing the casting and the show’s accuracy.