Flash News

TREE NEWS update: Trade.xyz said on X that LRCX is now listed on its platform with 10x leverage and round-the-clock trading, 24 hours a day, seven days a week, all year. The listing gives traders leveraged exposure to the ticker outside standard market hours.

TREE NEWS reports: Bitcoin pushed toward $87,000 on Wednesday, with its advance capped by overhead ask liquidity, while US stocks broke out to new all-time highs. The two markets diverged as the benchmark equity indexes set records and bitcoin’s upside stayed limited by sell orders resting above the price.

TREE NEWS update: Google said it detected multiple domain hijacking incidents in Ghana last week, targeting country-code top-level domain registries. Chrome has introduced countermeasures in response to the recent hijacking of national TLD registries. The incidents involve the takeover of domain registry infrastructure, a class of attack that can redirect or intercept traffic for entire national domains.

TREE NEWS update: Umia, a token issuance and governance platform for crypto projects, raised $6.11 million in a seven-day auction of its UMIA token, selling 34.6% of total supply at a fully diluted valuation of $18 million. About 45% of subscriptions came from institutional investors, with 10 funds and nearly 700 individual bidders participating, including Galaxy Ventures, DCG and Draper Associates. Umia’s first external project, Slop.cash, is expected to launch in the fourth quarter of 2026.

TREE NEWS update: A proposed spot Zcash ETF from the Winklevoss firm would charge a 0.25% fee and names Zcash treasury company Cypherpunk Technologies as its ecosystem partner, positioning it to become the second U.S. spot ZEC fund after Grayscale’s ZCSH. No launch date or listing exchange was disclosed.

TREE NEWS update: Brevan Howard, the $35 billion investment manager that backed Ripple’s $500 million raise last year, has selected Ripple Prime for prime brokerage and clearing services across asset classes. The mandate deepens ties between the hedge fund and the crypto firm’s institutional unit.

TREE NEWS update: Winklevoss Asset Services has filed for a spot Zcash ETF under the ticker WINK, with Gemini as custodian and a 0.25% fee. The proposed fund would compete with Grayscale’s ZCSH, an existing Zcash-focused product. The filing marks the latest push by the Winklevoss-affiliated group into a spot crypto ETF tied to a privacy-focused asset.

TREE NEWS reports: Bitcoin and Ethereum traded nearly flat over the past 24 hours, while privacy coins Zcash and Monero posted the largest gains among major cryptocurrencies. Zcash and Monero led the top coins by 24-hour performance. No specific price levels or percentage moves were disclosed.

TREE NEWS reports: Ether fell below $2,700 on October 7, trading at $2,699.33 per token. The move marked a 0.10% decline over the past 24 hours, leaving ETH just under the round-number threshold.

TREE NEWS update: BNB Chain prediction market predict.fun posted “Soon” with a P-branded token image on Tuesday, prompting founder dingaling to say the TGE is “weeks, not months” away. Polymarket traders now price an 83% chance of a launch by Dec. 31, up nearly 40% in 24 hours. Aspecta pre-market data puts predict.fun at a roughly $750 million valuation; with about 500 million points outstanding, estimates put each point at $0.10 to $0.40.

TREE NEWS reports: Crypto futures liquidations across all exchanges totaled $154 million over the past 24 hours, with $76.57 million in long positions and $77.53 million in shorts wiped out. BTC liquidations reached $36.68 million and ETH $18.79 million. The largest single liquidation order, worth $5.80 million, occurred on HYPERLIQUID-XYZ:SP500-USD.

TREE NEWS reports: Flash loan attacks drained $1.2 billion from DeFi protocols between 2020 and 2024. Researchers found the attacks grew more sophisticated and less predictable over the period. The findings cover a five-year window of exploit activity across decentralized finance.

TREE NEWS update: Ripple Prime will provide prime brokerage, clearing and financing services to funds managed by Brevan Howard, the $35 billion alternative investment manager. The move expands an existing agreement between the two firms and adds institutional trading infrastructure to Ripple’s offerings for hedge fund clients.

TREE NEWS reports: US spot bitcoin ETFs recorded a net outflow of 1,059 BTC, worth $91.72 million, on October 6. Over the past seven days the funds remain net positive at 1,074 BTC ($93 million). Ether ETFs posted a single-day net outflow of 21,432 ETH ($58.29 million) and a seven-day net outflow of 791,930 ETH ($215.37 million).

TREE NEWS update: Nasdaq-listed Solana treasury company DeFi Development Corp. approved a buyback program for its CHAD preferred stock covering all outstanding shares and any future issuance. The company said it has no immediate plans to repurchase, with its priority being to return CHAD to its $10 par value. The authorization adds a potential capital-allocation tool to its existing $300 million CHAD ATM used to fund SOL purchases.

TREE NEWS update: Solana treasury firm DeFi Development has approved an open-ended program to repurchase its CHAD preferred stock whenever it trades below its $10 par value. The authorization gives the company standing approval to buy back the shares in the market. No size, funding source or timeline was disclosed.

TREE NEWS update: Kraken said it is investigating delays affecting ETH and ERC20 token withdrawals. The exchange has not disclosed the cause of the disruption or given a timeline for restoring normal withdrawal processing. The issue affects one of Kraken’s core on-chain settlement functions for Ethereum-based assets.

TREE NEWS update: JPMorgan Chase CEO Jamie Dimon said Anthropic PBC’s AI model Mythos has sharply increased global cybersecurity risk, claiming on Tuesday that the risk posed by AI “increased 10-fold after Mythos appeared.” Dimon said AI has introduced vulnerabilities that were previously unknown, adding that cybersecurity was already a major concern before the model’s release.

TREE NEWS update: Brevan Howard will use Ripple Prime for multi-asset prime brokerage, clearing and financing, Ripple said. The service will cover the roughly $35 billion hedge fund’s multi-asset needs. The tie-up builds on Brevan Howard’s earlier investment in Ripple and its participation in Ripple’s $500 million strategic funding round last year.