Flash News

TREE NEWS update: Web3Auth, owned by Consensys, said it moved funds out of Keplr wallets whose private keys were exposed by a vulnerability in its service for wallets created via Google or Apple login, beating attackers to the assets. On-chain data show the 12 disclosed recovery addresses hold about $5.6 million in crypto, including roughly 2.49 million ATOM worth about $3.3 million on Cosmos Hub. Keplr co-founder Josh Lee estimated about 20% of Google and Apple login accounts were affected, though only a small fraction were exploited.

TREE NEWS reports: Addresses linked to the Keplr incident received at least about $6.01 million in cross-chain transfers, while the actual losses from the event remain unverified. The transfer figure covers funds routed through the associated addresses; no confirmed total loss has been disclosed.

TREE NEWS update: Iraq’s foreign minister said the US Treasury has asked Iraq to shut most of its border crossings with Iran, leaving only two open. The request was described by the minister without further detail on timing or which crossings would remain operational. The demand marks a fresh point of US pressure on Iraq over its trade and financial ties to Iran.

TREE NEWS update: Web3Auth said it moved $5.6 million out of exposed Keplr wallets before attackers could access the funds, frontrunning the hackers. The company’s communications also referred to an “original attacker,” suggesting some funds were stolen, but Web3Auth did not elaborate on the amount or circumstances.

TREE NEWS reports: Democrats plan to open investigations into Elon Musk, White House Chief of Staff Miller and the broader US corporate sector following Republican losses in the midterm elections. The scope of the planned probes and the specific targets beyond Musk and Miller were not detailed. No timeline for launching the investigations was given.

TREE NEWS reports: Revoke.cash and Etherscan allow users to view a wallet address without signing a transaction, but revoking an allowance only changes a specific token-spending permission rather than every permission attached to the account. The distinction matters for users auditing token approvals, as each revocation targets a single token allowance.

TREE NEWS update: US President Donald Trump told Israeli Prime Minister Benjamin Netanyahu in a Thursday phone call that he wants Netanyahu to take steps to advance the implementation of his Gaza peace plan. The call is the latest move by Washington to press Israel on the plan, which has yet to be carried out.

TREE NEWS update: Iran’s foreign minister said conditions for restarting nuclear negotiations will not mature until the United States has digested its election results and decided how to continue its current course. Tehran will wait to see when Washington can absorb the outcome and determine its next steps, the minister said.

TREE NEWS update: US President Trump said Sunday that a new round of military strikes on Iran is “highly unlikely” if negotiations on the Iranian nuclear program and the reopening of the Strait of Hormuz make progress. He said Iran is eager to reach a deal.

TREE NEWS update: Iranian Foreign Minister Abbas Araghchi said US voters have made their choice, adding that it is now up to the White House to decide. The remarks, posted as a short statement, did not specify which US decision or policy they referred to. No further details were given.

TREE NEWS reports: An advisor to Iran’s Islamic Revolutionary Guard Corps said Iran is reverse-engineering US military equipment it has captured. The advisor did not specify which systems are being examined or where the work is taking place. No further details on the program were provided.

TREE NEWS update: Sweden’s Social Democratic leader Magdalena Andersson said she is seeking cooperation with the Centre Party and the Green Party to build a government. No further details on the coalition talks, timelines or policy terms were provided. The move follows the country’s recent election outcome.

TREE NEWS update: The Saudi Aramco Tower in Riyadh’s financial center was struck in a rare attack, Bloomberg reported. No further details on casualties, damage or the nature of the assault were immediately available. The tower sits in the King Abdullah Financial District, the kingdom’s main financial hub. Aramco, the world’s largest oil exporter, is central to Saudi economic policy.

TREE NEWS update: Iran’s foreign minister said US voters have already made their choice and it is now up to the White House to make its own. He said his two-day proposal remains valid and would yield results if its requirements, including halting the war on all fronts, are met. If war is chosen, he said, hell will follow.

TREE NEWS update: Arbitrum users can now make private transfers, deposits and balance inquiries on the network through @NullMaskio, the Arbitrum team said in a post on X. The privacy feature lets users move and hold funds on Arbitrum without exposing transaction details publicly. No launch date, fee structure or supported assets were disclosed.

TREE NEWS update: Electrum released version 4.8.4 on its 15th anniversary, patching multiple security vulnerabilities and bugs affecting Bitcoin and Lightning Network wallets. A key fix addresses a Lightning flaw where malformed onion messages from any source could disconnect Electrum from channel peers. The update also resolves wallet freezes, transaction processing issues, and crashes on desktop and Android. It is Electrum’s fourth security update since August.

TREE NEWS update: South Africa’s final municipal election results show the African National Congress winning 30.76% of the vote and the Democratic Alliance 24.64%, the Electoral Commission said. The ANC secured majorities in 128 municipal councils, while the DA won majorities in 32 municipalities.

TREE NEWS reports: Hyperliquid burned another $1.06 million worth of HYPE tokens within 24 hours, on-chain data monitored by Onchain Lens shows. The burn adds to the decentralized perpetuals exchange’s ongoing token supply reduction. No further details on the burn mechanism or cumulative totals were provided.

TREE NEWS update: Bridge has received approval from the Office of the Comptroller of the Currency to establish a federal stablecoin trust bank, subject to a $45 million minimum capital requirement and preopening checks. The approval does not substitute for issuer approval under the GENIUS Act, the order states.

TREE NEWS update: Yemen’s Houthi movement said on the afternoon of the 8th local time that it carried out four rounds of military operations using ballistic missiles, cruise missiles and drones against targets in Saudi Arabia and Yemen. The group said the first round hit Riyadh’s King Khalid International Airport, Saudi Aramco oil storage tanks and the financial center, the second struck Aramco’s Buqayq facilities and caused a fire, and the third and fourth hit Saudi-led coalition troop gatherings in Yemen’s Al-Jawf, Marib and Lahij provinces. There was no immediate response from Saudi Arabia.