Flash News

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.

TREE NEWS update: Moody’s assigned Sky Protocol a B3 issuer rating with a stable outlook, the first time the agency has rated a stablecoin protocol. The DeFi lender is also rated B- by S&P. The ratings come as institutional interest in its USDS stablecoin grows.

TREE NEWS reports: Machi Big Brother’s 39,025 ETH long position, worth about $99.8 million, is nearing its liquidation line as the market declines, with a liquidation price of $2,501.38. The position’s proximity to that threshold leaves the trader exposed to a forced unwind if ETH falls further.

TREE NEWS update: Solana has launched x402 batch payment functionality through PayAI Network and BlockRunAI, letting AI agents authorize multiple off-chain payments via USDC-backed channels and settle them as a single on-chain transaction. BlockRunAI has applied the feature to its AI model routing service, saying batch settlement cuts latency roughly 10x and saves over $20,000 in network fees per month. BlockRunAI connects more than 113 AI models through a single interface and charges per call.

TREE NEWS update: CertiK announced a brand upgrade at TOKEN2049 Singapore on October 7, positioning itself as “The Trust Layer for Digital Value.” Chief Business Officer Jason Jiang said the Web3 security firm, founded in 2017 by Yale and Columbia professors, is expanding its security and risk management business to serve financial institutions, regulators and enterprises in the digital asset ecosystem. CertiK says it has served over 5,500 clients across more than 150 countries and helped protect over $600 billion in digital assets.

TREE NEWS reports: Bitcoin fell below $83,000 on October 7, trading at $82,999.00 and down 3.18% on the day. The move marks a fresh intraday low for the largest cryptocurrency as selling pressure persisted.

TREE NEWS reports: A single address bought 1,470.94 ETH for 3.803 million USDC three hours ago, paying an average price of $2,582 per token, on-chain monitoring shows. The purchase was flagged by on-chain analyst Ai Yi. No further details on the wallet’s identity or intent were given.

TREE NEWS update: Moody’s has assigned Sky a B3 rating with a stable outlook, placing the DeFi protocol in speculative-grade territory. The agency flagged that Sky holds roughly $90 million in equity against $10 billion in managed assets, a thin capital buffer relative to its size.

TREE NEWS update: H.I.S. Group, a major Japanese travel agency, said on the 7th that a server at its Thai subsidiary was breached, potentially leaking passport data of several hundred customers. The day before, Citizen Watch Co. and other Japanese companies also reported server intrusions with possible customer data exposure. The incidents mark a string of recent corporate data security events in Japan.

TREE NEWS update: Daniel Rhyne has been sentenced to 32 months in prison for locking his employer’s IT administrators out of its network and demanding 20 BTC, then worth $750,000, to stop the shutdowns. The extortion scheme targeted his own company’s systems.

TREE NEWS reports: Polymarket CEO Shayne Coplan said traders chasing the next 100x token are engaged in a game of “irrational exuberance,” comparing it to playing “hot potato.” He said some traders are instead looking for more predictable prediction market opportunities. Coplan did not give figures or a date for the remarks.

TREE NEWS update: OKX has raised a funding round at a $25 billion valuation, with Circle, Ripple and Standard Chartered among the investors. The crypto exchange did not disclose the size of the round. The raise comes as more than $500 million in crypto longs were liquidated in a late-evening selloff.

TREE NEWS update: Crypto wallet provider Tangem launched its first physical Visa card, limited to an initial 5,000 units, supporting in-store and online payments plus ATM withdrawals, with users able to top up directly from a self-custodial wallet. Over 40% of Tangem Pay payments come from Latin America and over 30% from the US. The card cannot ship to about 20 countries and regions, including China, Russia, North Korea and Palestine, and offers 1% USDC cashback for Basic users and 2% for Plus users.

TREE NEWS update: Tangem has expanded its Visa payment offering, letting users spend directly from its self-custodial wallet. The crypto card maker said demand for crypto cards is strongest in markets where access to such products is hardest to obtain. The company said existing crypto card access does not match global demand.

TREE NEWS update: CoreWeave Inc. is expanding into India with its first data centers there, part of a partnership with Adani Group. The company will use 240 megawatts of capacity at AdaniConneX Pvt.’s Taloja campus in Navi Mumbai, with the right to double that capacity. Total investment over the project’s life is expected to reach several billion dollars, with the first data centers slated to come online by mid-2028.