Flash News

TREE NEWS update: A tanker struck a mine and caught fire east of the Strait of Hormuz, Iran’s navy said. The announcement gave no details on the vessel’s identity, flag, cargo or casualties. The Strait of Hormuz is the world’s most important oil chokepoint, and any incident there draws immediate attention from energy markets.

TREE NEWS update: US President Donald Trump said he may make some adjustments to his government but declined to reveal specific personnel choices. The remark, which gave no names, timing or scope, leaves open the possibility of staff changes without any confirmed decision. No further details were provided.

TREE NEWS update: Vitalik Buterin said ether should be valued as a store of value rather than a fee-burning token, weighing in after a controversial proposal to burn a rising share of validator rewards as more ETH is staked was withdrawn last month following pushback. The comments set out his position on how the network’s economics should be framed as staking participation grows.

TREE NEWS update: LNbits issued an emergency security warning urging all users to shut down their servers immediately until a critical vulnerability is patched, following multiple attacks. Operator @KevinR4 reported that attackers created new accounts and withdrew funds, costing him 2,285,545 sats over roughly five hours. LNbits said a security patch is expected within 24 to 48 hours.

TREE NEWS update: Changpeng Zhao said on X that he downloaded the Genius App to learn about it but has not used it to trade, and declined a community invitation to open a public account for fear of receiving large amounts of meaningless token donations. “I’m not a trader, I just accumulate and hold, and only major coins,” he said. The invitation cited over 10,000 BNB community users already on the app.

TREE NEWS update: Binance will close affected EU accounts on Dec. 31, 2026, and from Nov. 29 will charge a monthly fee of 0.025% of the remaining balance or 10 USDC, whichever is higher. Accounts holding under $40,000 pay a flat 10 USDC per month, and Binance will take the entire balance if it is below the fee owed. The accounts can no longer deposit but can still withdraw, and Binance said it is still applying for a MiCA license in another EU country.

TREE NEWS update: Changpeng Zhao (CZ) denied on X that the platform paid He Yi nearly $300,000 in creator revenue over two months, calling the claim false. The denial came after TuanX posted about the rumor and asked whether the data was accurate and how much CZ earns from X. CZ did not disclose his own X earnings in the post.

TREE NEWS reports: Kanye West’s YZY token is unlocking 29.17 million tokens this week, worth about $8.4 million and equal to nearly 10% of its circulating supply. Starknet is also releasing 130 million tokens, valued at roughly $5.01 million. Starknet is an Ethereum Layer 2 that uses zk-STARKs to speed up transactions and lower fees.

TREE NEWS reports: Connecting a wallet to a DeFi app does not authorize a deposit, and a lending position is recorded onchain separately from the website displaying it. Withdrawals remain subject to protocol rules and the availability of assets in the pool. The distinction matters because the interface a user sees is not the ledger that holds the position.

TREE NEWS update: Ukraine’s national power company said Russian attacks on energy infrastructure forced emergency blackouts in Kharkiv, Sumy and Poltava regions on the 8th. Private utility DTEK reported renewed emergency outages in Kyiv city and Kyiv region that morning, and said a large-scale attack on Dnipropetrovsk region left more than 600,000 residents in Pavlohrad and other areas without power.

TREE NEWS update: Bitcoin developer Cory Fields has proposed requiring future quantum attackers to post Bitcoin as collateral before attempting to access vulnerable wallets. The mechanism would give prepared wallet owners a chance to recover their coins and collect a potentially costly penalty from the attacker. The proposal is aimed at making quantum attacks on Bitcoin a losing economic bet.

TREE NEWS update: French Foreign Minister Jean-Noël Barrot said on the 8th that Europe will take part in the trilateral talks between the United States, Russia and Ukraine scheduled to be held in Abu Dhabi, the capital of the United Arab Emirates. Speaking to French media, Barrot said negotiations aimed at resolving the Ukraine crisis “sometimes include Europe and sometimes do not,” and that the Abu Dhabi talks will have European participation. He said France will send a representative to convey Europe’s voice, without disclosing the identity of the French delegate.

TREE NEWS update: Shanghai’s trade delegation at the China International Import Expo has ranked first among all local delegations nationwide in intended deal value for eight consecutive years, Shanghai deputy secretary-general Zhu Min said. The retail purchasers’ alliance, part of the delegation, has grown to 45 members from 21 at its founding, and has reached 72 purchase intentions at this year’s expo.

TREE NEWS update: Chinese State Councilor and Secretariat of the CPC Central Committee Wang Xiaohong conducted an inspection tour of Yunnan from July 7 to 8, visiting Xishuangbanna Dai Autonomous Prefecture and Kunming. He inspected ports, enterprises, industrial parks and public security checkpoints to learn about port clearance, industrial development, technological innovation and social governance, and solicited grassroots opinions. Wang called for improving the pertinence and effectiveness of policy measures and promoting high-quality development tailored to local conditions.

TREE NEWS update: Hong Kong Financial Secretary Paul Chan said in a blog post on the 8th that the city’s packed calendar of events has drawn industry leaders and visitors from around the world, injecting notable momentum into the local economy. The government will keep promoting events across sectors and improving supporting facilities to make high-value tourism and the MICE industry more vibrant.

TREE NEWS update: Binance France has emailed users that their accounts will be closed on Dec. 31, with any assets left on the exchange subject to monthly fees starting Nov. 29. The notice marks an end to the exchange’s French operations for affected users, who are being told to withdraw before the year-end deadline.

TREE NEWS update: An oil tanker was struck by an unidentified projectile while leaving the Strait of Hormuz at 20:20 local time on the 7th, the UK Maritime Trade Operations office said on the 8th. The vessel’s owner reported the attack to UKMTO, which said all crew are safe and no environmental impact has been reported. Authorities are investigating, and UKMTO urged ships in the area to exercise caution and report suspicious activity.

TREE NEWS update: Ethereum co-founder Vitalik Buterin said ETH should be positioned as a store of value rather than a “fee-burn token,” arguing that EIP-1559 and its burn mechanism should be retained even if burn falls below 10% of the breakeven point long term. He noted that 2021-2023 burns came mainly from crypto-native use cases and were never a true valuation floor, and that sustaining a roughly $270 billion market cap through burns would require about 700,000 ETH a year in protocol R&D funding plus interventionist governance, conflicting with decentralization and censorship resistance.

TREE NEWS reports: Allora (ALLO) will unlock about 160 million tokens on Nov. 11 at 9 p.m. Beijing time, equal to roughly 65.56% of circulating supply and worth about $23.7 million. Aztec (AZTEC) will release about 797 million tokens on Nov. 13, worth about $10.3 million and equal to 31.81% of circulating supply. YZY will unlock about 29.17 million tokens on Nov. 14, worth about $8.4 million.

TREE NEWS update: Israeli Defense Minister Israel Katz said on April 8 at a war memorial ceremony that Israel’s “mission against Iran is not complete,” claiming Tehran is trying to “restart its pursuit of nuclear weapons” and engaging in “other serious activities threatening Israel’s security.” Katz said Israel would “take necessary action” and “preempt” threats, without providing evidence or specifying any operations. He also said Israeli forces will not withdraw from occupied parts of Gaza, Lebanon and Syria.