Flash News

TREE NEWS update: NEAR has integrated Robinhood Chain into its multichain app, enabling ETH and USDG swaps. Cross-chain routing for those swaps is handled by NEAR Intents, while bridge infrastructure continues to move assets between networks. The addition extends NEAR’s multichain access to Robinhood’s blockchain network.

TREE NEWS update: Cardano’s programmable token standard has gone live, giving issuers the ability to set rules that can permit freezes and forced transfers of the assets. Wallets, DEXs and lending protocols will need integration changes to handle the new tokens. The standard introduces issuer-selected controls to the network’s token layer.

TREE NEWS reports: Cryptography researcher Justin Drake called on the blockchain industry to calmly plan a “bunker mode,” urging large holders to move most of their funds to new addresses that have never signed a transaction, with public keys still hidden behind a hash. He said AI is driving rapid breakthroughs in mathematics and that ECDSA could be broken by classical algorithms before quantum computing’s “Q-Day,” potentially within months rather than years, with a large GPU cluster recovering a private key in about a week. Drake stressed there is no need to panic or rush.

TREE NEWS update: Representative French Hill said actions by the SEC and CFTC are not sufficient to regulate crypto markets and fall short of what the CLARITY bill would achieve. The House Financial Services Committee chairman said he hopes lawmakers can pass a cryptocurrency market structure bill before the next session of Congress in 2027.

TREE NEWS reports: Polymarket CEO Shayne Coplan stopped short of announcing a Polymarket token at TOKEN2049, describing an onchain asset tied to the company’s economics without naming a structure or setting a date. Traders read a Sunday post as a tease of POLY. No token, structure or timeline was confirmed.

TREE NEWS update: Lido has unveiled Lido Lend, a Morpho-based lending protocol designed for staking loops, with a targeted fourth-quarter launch. The design aims to include collateral screening and reliable exits, while DAO votes and technical disclosures are still ahead.

TREE NEWS update: Novartis said the FDA has approved Rhapsido (remibrutinib), its oral highly selective Bruton’s tyrosine kinase inhibitor, for adults with symptomatic dermographism (SD) whose symptoms are not adequately controlled by H1 antihistamines. The clearance marks the first approved treatment for the condition and a new indication for the drug after chronic spontaneous urticaria (CSU).

TREE NEWS update: Ledger has launched wrapped-bitcoin lending through the DeFi protocol Morpho, letting users borrow against the asset directly in its wallet app. The product defaults to a 50% loan-to-value ratio and charges a 1% borrowing fee, while pledged collateral remains subject to liquidation.

TREE NEWS reports: Hyperliquid development team HyperLabs’ address (0x43e9…a251) has redeemed 3.75 million HYPE tokens, worth $332 million, minutes after a seven-day unstaking request filed on-chain. The tokens were requested for unstaking seven days earlier and completed redemption on October 7.

TREE NEWS reports: Cloud provider Lambda plans to raise up to $4 billion in its final private round before an IPO planned for 2027, valuing the company at $14.5 billion, with Coatue Management and Blackstone leading. A letter to investors reviewed by the WSJ shows Lambda’s backlog rose from $15 billion in June to $50 billion in September, most of the growth driven by a $35 billion order from Anthropic.

TREE NEWS update: Coinbase has integrated Deribit, giving US institutions access to the offshore exchange’s options and perpetual futures. US retail options trading is expected to follow later this year. The move brings global crypto derivatives liquidity onshore through Coinbase’s US-regulated venue.

TREE NEWS reports: Bitcoin fell below $83,000 as oil prices topped $101 a barrel and the 30-year Treasury yield reached its highest level since 2002, pressuring risk assets. The daily chart for bitcoin still leans bullish, while the four-hour chart signals the opposite.

TREE NEWS reports: Crypto futures liquidations across exchanges totaled $699 million in the past 24 hours, with long positions accounting for $650 million and shorts $48.6 million, CoinGlass data show. Bitcoin liquidations reached $186 million and Ethereum $236 million. The largest single liquidation, worth $26.64 million, occurred on Binance’s ETHUSDC pair.

TREE NEWS update: Hunter Biden said an independent investigation cleared the LAPTOP token team of cashing out, attributing the token’s collapse to a market maker that seeded only about $5,200 and under 30,000 tokens into the liquidity pool, or 0.003% of total supply. The thin liquidity drove the price from $0.05 to roughly $317 in under two minutes before a 98% drop within an hour. He said founder tokens remain in one wallet and his personal tokens are locked for six months, then released over two years.

TREE NEWS reports: A US government-linked address transferred $165 million worth of crypto over the past 24 hours, including 1,583.8 BTC valued at $134 million sent to Coinbase Prime, on-chain analyst Yu Jin tracked. Fifteen minutes before the report, the address moved another 750.2 WBTC worth $62.34 million to Coinbase Prime, following an earlier $103 million outflow.

TREE NEWS reports: Bitcoin fell below $83,000 to hit month-to-date lows, touching $82.7K, as stocks reversed from all-time highs and bond yields spiked higher on renewed nerves over Iran. The drop marks Bitcoin’s lowest level in October, with the risk-asset retreat coinciding with a resumption of the global bond sell-off.

TREE NEWS update: Bitmine chairman Tom Lee said at Token2049 in Singapore that the company is roughly 100,000 ETH — about six to seven weeks — away from hitting its 5% cap on Ethereum holdings. The limit sets an end date on a buying spree that has made Bitmine the world’s largest Ethereum treasury.

TREE NEWS reports: Crypto trader Killa said on X that Bitcoin failed to break $87,000 again, and his 10x long — built on an expected breakout after a second retest of the high — was stopped out at breakeven. He now watches the $80,000-$82,000 range to rebuild a 10x long, while still holding BTC longs at $62,600 and $76,400 and remaining bullish.