Flash News

TREE NEWS update: The IMF completed its second and third reviews of El Salvador’s 40-month Extended Fund Facility and approved an immediate disbursement of about $138 million under the $1.4 billion program. Despite missed performance criteria, the Fund granted waivers based on corrective actions and renewed commitments. El Salvador will continue reducing state involvement in bitcoin-related activities, strengthen crypto regulation and transparency of public-sector crypto holdings, and not accumulate more bitcoin beyond recorded donations. Majority equity and operational control of the government’s Chivo bitcoin wallet have been transferred to a private operator.

TREE NEWS reports: Wallets suspected to be linked to the Ethena team withdrew a cumulative $68.26 million in ENA from centralized exchanges, including $13.1 million from Bybit and $55.16 million from Coinbase roughly two hours ago. Ethena also posted a string of transaction hashes on X eight hours earlier, the contents of which have not been disclosed.

TREE NEWS update: A vault on Base is being actively exploited, with roughly $2.02 million in assets stolen across about four transactions so far. The attacker added a newly created contract to the vault’s whitelist, then borrowed aBaswstETH and moved it to an attacker-controlled contract. The attack is ongoing.

TREE NEWS update: CME Group plans to launch two compute futures contracts on Oct. 5, pending regulatory approval, while the CFTC is preparing to seek public comment on compute-linked futures and has sent the request to the White House Office of Management and Budget for review. ICE is also developing related products, with Silicon Data providing benchmark pricing data. Recent estimates put AI infrastructure spending at about 2% to 2.5% of US GDP this year.

TREE NEWS update: Justin Sun posted “all is well” on X on October 4, appearing to respond to community rumors that he had been shot in Dubai and rushed to hospital. The Tron founder did not directly confirm or deny the shooting claim, and no further details were given in the post. The statement followed unverified reports circulating in community channels about an incident in Dubai.

TREE NEWS reports: Solana-based meme coin SI briefly pushed its market capitalization above $50 million, reaching $47.02 million at the time of writing, a 28.61% gain in one hour, GMGN data show. The move followed a post on X by Elon Musk saying: “No more AI, SI, It’s better.”

TREE NEWS reports: Listed Bitcoin miners shed 75 EH/s of realized hashrate in the first half of 2026, equivalent to about $1.5 billion in mining rig investment at $20 per TH/s, as some power capacity was reallocated to AI infrastructure. Across 12 companies, asset impairments and write-downs of assets held for sale totaled roughly $1.1 billion, with IREN and Core Scientific accounting for nearly 89%. IREN alone recognized about $695 million in related impairments and write-downs from January to June 2026.

TREE NEWS reports: Glassnode data shows bitcoin long-term holders have remained in profit throughout the current cycle, a first for any cycle at least since 2015. In every previous bear market the LTH-MVRV metric fell below 1 at the cycle bottom, pushing that cohort into loss; this time it bottomed above 1 and is now rising again.

TREE NEWS update: Huobi HTX will open POD/USDT spot and grid trading at 21:00 (UTC+8) on October 4. Deposits open at 18:00 on October 4, with withdrawals from 21:00 on October 5. Dolphin is a decentralized AI inference network that aggregates idle compute from consumer GPUs to provide low-cost inference, using cryptographic signatures and verification, validator nodes, staking and random routing to ensure service quality.

TREE NEWS update: Russia’s Finance Ministry said on Friday that some of its employees received their salaries in digital rubles for the first time. The ministry did not disclose how many staff were paid this way or the total amount. It said roughly 16 million digital rubles (about $192,245) had already been disbursed in a 2025 federal budget spending pilot, and the central bank is working with the ministry to bring the digital ruble into budget payment flows.

TREE NEWS reports: CryptoQuant analyst Darkfost said the monthly average of the exchange BTC inflow-to-outflow ratio has fallen to about 0.97 and continues to decline, a sign outflows are dominating. He said the trend is favorable for BTC accumulation, as large outflows mean some investors are moving coins into self-custody for long-term holding.

TREE NEWS update: Russia’s Finance Ministry has made its first wage payments in digital rubles, with the Bank of Russia working alongside the ministry to bring the central bank digital currency into the budget process. The pilot marks the first use of the digital ruble for state salary payments.

TREE NEWS update: Ethereum Layer 2 network Blast announced it will wind down operations, citing operating fees that no longer cover node and state-sync costs. Withdrawals will run in two phases: the team first exits assets held in Lido, a process expected to take about a week, after which withdrawals reopen and the standard 7-day waiting period shortens to 24 hours. October 26 is the final deadline for routine interface withdrawals; BLAST fell from $0.0004 to $0.00025.

TREE NEWS reports: A wallet identified as 0xe6d…047F9 made its first ETH purchase, withdrawing 1,420 ETH worth $3.82 million from OKX over the past three hours at an average price of $2,692.47. The address has since deposited the full amount into Lido for staking.

TREE NEWS update: Amy Street, former growth lead at ROVE and former advisor to The Arena, publicly accused the company and founder Jason of withholding salary, expense reimbursements and her full token allocation, saying she resigned last year after repeated demands for payment. She said large debts and the token distribution remain unresolved, and that the Rove App has been inaccessible for about a year, locking user assets despite official promises to restore access “next week.”

TREE NEWS update: Gate will hold a press conference on October 8 at Raffles Hotel Singapore during TOKEN2049 Singapore 2026, with founder and CEO Dr. Han as the main speaker. The event will focus on Gate’s upcoming new products and future development roadmap. Dr. Han will discuss the products’ launch background, positioning and plans, and take media questions on business development, product direction and industry trends.

TREE NEWS reports: Bitcoin broke above $85,000, trading at $85,038.80 per coin with a 0.21% gain on the day. The move marks a fresh push past the $85,000 level for the largest cryptocurrency.

TREE NEWS update: Gate has listed perpetual futures for HOOKED and HOOKR, offering up to 10x leverage alongside trading bots and copy trading, the exchange said on October 4. HOOKED is the token of Hooked, a MEME launchpad supporting programmable trading rules. HOOKR is the utility token of Hookr.fun, a programmable token-issuance market protocol on Robinhood Chain. Both contracts support 1–10x leverage.

TREE NEWS reports: The combined weekly trading volume of South Korea’s five largest crypto exchanges fell 19.56% to 20.5 trillion won for the week of September 25 to October 2. Upbit kept the top spot with a 64.04% market share, down 3.3 percentage points from the prior week, while Bithumb gained 1.893 points to 26.66%. Coinone held third place, rising 1.12 points to 6.58%.