Flash News

TREE NEWS update: Ethereum Foundation researcher Justin Drake urged crypto holders to calmly move their funds to unused addresses, warning that AI-driven mathematics could break cryptographic signatures before quantum computers do. Drake framed the risk as an AI threat to crypto’s signature schemes rather than a quantum one. He advised holders to migrate assets to fresh, unused addresses as a precaution.

TREE NEWS update: Circle has partnered with Tereina, a financial services firm backed by German enterprise software company SAP, to bring USDC and EURC into SAP clients’ enterprise payment flows. Businesses using SAP finance software can send and receive both stablecoins within existing applications, with USDC for dollar-denominated transactions and EURC for euro payments. The two plan to test stablecoin integration with customers over the coming months for global payments and treasury management.

TREE NEWS update: Circle is partnering with SAP-backed Tereina to let businesses send and receive its USDC and EURC stablecoins directly inside the financial software they already use. The integration puts Circle’s dollar- and euro-pegged tokens into SAP customers’ existing workflows, removing the need to move between separate payment tools to settle in stablecoins.

TREE NEWS update: Lightspark has released a dotMoney prototype that lets users send test funds by sharing a link, a .money file, or directly between nearby iPhones. Files can be sent via AirDrop or messaging apps, or stored on a USB drive, with the underlying funds moving between wallets through Spark. Each file can be claimed only once, so copying or forwarding it does not duplicate funds, and senders can cancel unclaimed payments. The prototype currently uses test funds with no monetary value.

TREE NEWS update: Grayscale’s Krista Lynch said the crypto ETF market is entering a new phase, with SEC listing standards now covering about 15 tokens and letting issuers move selectively beyond bitcoin and ether. She made the remarks as a Zcash ETF topped $1 billion.

TREE NEWS reports: Hunter Biden confirmed the LAPTOP token was not a rug pull but an act of trolling, saying “Trump’s coin was max extraction, and I wanted to troll every grift like it.” His comments came in a breakdown of the memecoin launch and its fallout. The token was launched as a deliberate stunt targeting memecoin grifters.

TREE NEWS update: Layer-1 blockchain Sui said its programmable offchain tunnels reached 40.6 million transactions per second during a live stress test. The test was designed to simulate high-frequency activity between AI agents. Sui has not disclosed a date for the milestone or further technical details.

TREE NEWS reports: Bitcoin dropped below $84,000 in two legs, the first during the Asia session and the second at the U.S. open, and has not reclaimed the level. A Bitfinex research note circulated hours earlier had identified $84,000 as the market’s largest cost-basis cluster. Funding rates sat near zero across OKX and Deribit. Only nine of the top 125 tokens were up.

TREE NEWS update: Ethereum researcher Justin Drake called for “bunker mode” planning in response to the risk that private keys could be recovered, recommending users move crypto assets to fresh addresses whose public keys stay hidden behind a hash. The advice targets exposure from keys that have already been revealed on-chain.

TREE NEWS reports: Trader Frogman was drained of $4 million from his Solana wallet at 4:14 a.m. Singapore time on the first morning of TOKEN2049, on-chain records show. The tokens were sold in four equal lots over the following nine minutes. Frogman said he has found no sign of a breach on his phone or email.

TREE NEWS reports: Government-labeled wallets moved 833.6 BTC to Coinbase Prime deposit addresses and shuffled 40,285 BNB, transfers worth roughly $103 million combined. No sale has been confirmed. The stash behind the transfers is the largest any government holds in Arkham’s ranking.

TREE NEWS update: Matter Labs released the core code of its ZKsync Prividium stack under the Apache 2.0 license on Sept. 8, while keeping enterprise tooling commercial. The company said the Bundesbank is testing a self-hosted deployment of the system.

TREE NEWS reports: Billionaire Michael Novogratz said artificial intelligence is in “the biggest bubble of our lifetime” but investors should still participate, speaking on a panel at the Greenwich Economic Forum in Greenwich, Connecticut, on October 6. The Galaxy Digital founder and CEO said bubbles “always end spectacularly,” though the current state is “not spectacular enough” yet, and argued AI-related stocks still look cheap on price-to-earnings basis.

TREE NEWS update: BitMine will halt its ether purchases once it holds 5% of the token’s total supply, chairman Tom Lee said, with the company reporting 6,016,414 ETH as of Oct. 4. Lee estimates roughly 100,000 tokens remain before the ceiling is reached.

TREE NEWS update: Hyperliquid has confirmed it is based in Singapore but holds no license from the Monetary Authority of Singapore. People familiar with MAS’s thinking consider the decentralized venue to be outside its jurisdiction, as Singapore’s rules distinguish crypto derivatives on approved exchanges from those offered elsewhere.

TREE NEWS reports: Hunter Biden said the market maker behind LAPTOP should “buy it all back and burn it,” following a commissioned report that flagged thin liquidity and market-maker-linked gains during the token’s launch. The report details the trading conditions surrounding LAPTOP’s debut. No buyback or burn has been announced by the market maker.