Flash News

TREE NEWS update: Binance has restored withdrawals for HYPE and APT, the exchange announced on November 8. Withdrawals had already reopened for stablecoins RLUSD, USD1, TUSD, FDUSD and XUSD on the Ethereum network, along with tokens including ENA, USDE, PENDLE, WLD, LINK, ONDO and ETHFI, plus Solana-based assets such as USD1, FDUSD, PUMP, TRUMP, JUP, BONK, WIF and RENDER. Binance said it will restore more assets and networks in phases as security checks are completed.

TREE NEWS update: Huaxin Cement announced it will acquire 99.99% of CSN Cimentos Brasil S.A. from Companhia Siderúrgica Nacional for an estimated 9.0337 billion Brazilian reais (about $1.642 billion), subject to net debt and working capital adjustments at closing. The agreed enterprise value is 12.7 billion reais (about $2.309 billion). CSN Cimentos is Brazil’s second-largest cement producer, with 17 million tonnes of annual capacity and roughly 21% market share.

TREE NEWS update: The China Development Bank issued more than 480 billion yuan in manufacturing loans in the first 10 months of the year, the bank said on the 8th. The financing supported traditional industry upgrades, emerging industries and forward-looking future industries, using diversified financial products across R&D, capacity building and daily operations.

TREE NEWS reports: A trader with $821,600 in cumulative profits has opened a 7x leveraged bitcoin long position worth $11.39 million, with an entry price of $75,880 and a liquidation price of $62,047. The trader has gained $755,400 over the past 30 days.

TREE NEWS reports: Abraxas Capital holds $451.85 million in open positions on Hyperliquid, almost entirely short, with $451.68 million in short exposure and $30.77 million in unrealized profit. The position is roughly four times Wintermute’s $107.59 million perpetual contract exposure. Its largest shorts are $158.66 million in BTC, $77.6 million in HYPE, $75.27 million in ETH and $63.51 million in ZEC.

TREE NEWS reports: Elizabeth Warren taking the Senate Banking Committee chairmanship could push a stricter crypto legislative agenda and increase scrutiny of Trump’s crypto businesses, regulators and crypto firms through investigations and hearings, qinbafrank said. A full crackdown bill would still face the Senate’s 60-vote filibuster threshold and presidential veto, and Warren’s oversight cannot automatically void SEC and CFTC policies within existing authority, but it could slow progress, narrow exemptions and block commissioner nominations.

TREE NEWS update: South Korea’s Financial Services Commission is finalizing the government bill for a Digital Asset Basic Act, targeting publication this month. The draft would cap major shareholder ownership in virtual asset exchanges at 15-20% and shift exchange entry from a reporting system to a licensing regime, with existing exchanges possibly given a 1-2 year transition period. Stablecoin issuers are expected to be bank-led consortiums, and new rules would require operators to compensate for hacks or system failures even when not at fault.

TREE NEWS reports: The Shanghai Stock Exchange said its listed companies now number more than 2,300, with total market capitalization exceeding 65 trillion yuan ($9 trillion). Nearly 100 of its largest companies, each with A-share market value above 100 billion yuan, together account for more than 34.8 trillion yuan. Tech and manufacturing firms in AI, integrated circuits and advanced manufacturing are growing fastest among the bourse’s top companies.

TREE NEWS update: Crypto trader Ansem said he has repeatedly clarified that a wallet flagged by on-chain detective ZachXBT does not belong to him. The dispute follows ZachXBT’s claim that Ansem promoted low-cap and celebrity tokens and provided exit liquidity this cycle. Community user Naeven said on-chain records for address AVAZ…NXYm, tagged as Ansem’s main wallet by tracking tools, point to another user, Dez (@sleepyPanda2324), and link to that user’s Friend.tech account.

TREE NEWS update: Shanghai Micro Electronics Equipment Group displayed models of its self-developed new-generation front-end dry scanning projection lithography machines, the SSC800 and SSB800, at the China Pavilion during the 9th China International Import Expo in Shanghai from Nov. 5 to 10. The company said domestic front-end dry lithography imaging performance now matches leading international products, with overlay accuracy and production efficiency closely catching up to global benchmarks.

TREE NEWS reports: Perpetual DEX trading volume reached 438 million trades in October, up 8.4% month-on-month and the highest monthly level in 11 months. Despite the rebound, activity remains 15.9% below October 2025, when Perp DEXs recorded 521 million trades.

TREE NEWS reports: Binance’s finance chief Kaiser Ng is leaving the company, with Justin Yek set to replace him. Yek was previously vice-president of finance at Airwallex. The leadership change at the world’s largest crypto exchange was reported without further details on timing or Ng’s next role.

TREE NEWS reports: The Shanghai Stock Exchange said its listed companies now number more than 2,300, with total market capitalization exceeding 65 trillion yuan ($8.9 trillion). Nearly 100 of its top companies have individual A-share market values above 100 billion yuan, together worth more than 34.8 trillion yuan. Tech manufacturers in AI, integrated circuits and advanced manufacturing are accelerating growth among the exchange’s largest firms, the SSE said.

TREE NEWS update: South Korea’s Financial Services Commission is coordinating inter-agency differences on a government draft of the Digital Asset Basic Act, aiming to submit it within November and advance it via lawmaker-led legislation. Regulators are discussing capping a single shareholder’s stake in crypto exchanges at 15% to 20%, with a one- to two-year transition for existing platforms, or alternatively limiting only voting rights. The bill would shift exchange licensing from a filing to a permit system, with stablecoin issuance expected to take a bank-centered consortium form.

TREE NEWS reports: Police in Oakland, California, are investigating the theft of Nvidia cargo valued at $11.4 million, including AI chips and computer hardware. A truck carrying the shipment left Oakland on Aug. 29 bound for Fort Worth, Texas, but went missing after multiple stops and was last traced to San Bernardino County. The victim reported the theft on Sept. 13; no suspects have been arrested.

TREE NEWS reports: Bitcoin rose above 76,000 USDT on OKX, trading at 76,000.4 USDT and narrowing its 24-hour decline to 0.14%. The move marks a recovery back above the 76,000 level after the session’s earlier losses.

TREE NEWS reports: Police in Oakland, California, are investigating the theft of Nvidia cargo — AI chips and computer hardware — valued at $11.4 million. A truck carrying the shipment left Oakland on Aug. 29 bound for Fort Worth, Texas, but lost contact; the victim reported the case to police on Sept. 13. The truck made several stops of up to several hours before disappearing in San Bernardino County. No suspects have been arrested.

TREE NEWS update: Shangwei New Materials said on September 20, 2026 that 10,000 units of its Qiyuan Q1 and Qiyuan T1 consumer embodied-intelligence robots have rolled off the production line, following the products’ official launch. The company said capacity is ramping in an orderly manner with good yield rates, but noted that consumer robots still account for a low share of total revenue, which comes mainly from new materials, and that it cannot yet forecast the business’s impact on 2026 revenue or profit.

TREE NEWS update: Saudi air defenses intercepted and destroyed two ballistic missiles fired at Riyadh by Yemen’s Houthi movement on Nov. 8, coalition spokesman Turki al-Maliki said, after loud blasts were heard across the capital. The Saudi civil defense authority issued a potential-danger alert for Riyadh that morning and later lifted it. The Saudi-led coalition then said it had intercepted and destroyed two more cruise missiles over the Riyadh region and southern Saudi Arabia.

TREE NEWS update: NASA announced on the 7th that it has selected eight companies, including Blue Origin, to compete for lunar surface cargo delivery missions under a new 10-year Commercial Lunar Payload Services contract framework. The agency unveiled the framework at an aerospace expo at Kennedy Space Center in Florida and said it is also advancing development of a nuclear-powered lunar rover to support lunar base construction.