Flash News

TREE NEWS update: Diva has cancelled its mainnet launch and told early stakers to withdraw their funds, with its two pre-launch vaults holding roughly 654.5 ETH in assets. The shutdown statement offered no replacement DIVA distribution, leaving stakers without a stated path to receive tokens.

TREE NEWS update: Ripple expects its stablecoin to reach Robinhood app users later this year, the company said. Robinhood is also moving its treasury operations onto Ripple software and bringing the stablecoin into institutional settlement on the XRP Ledger. The timeline and integration plans were announced without further financial details.

TREE NEWS reports: Datavault AI shares rose 31% even after the company restated its financials to remove all reported bitcoin from its books, including 837 BTC that Scilex agreed to buy in June. No definitive deal for the bitcoin has been disclosed, and the tokens remain stuck at Biconomy.

TREE NEWS update: Utah has brought criminal charges against Kalshi and its co-founders, listing 13 felony counts and one misdemeanor, as the CFTC seeks to block the state’s enforcement of gambling laws against federally regulated markets. The charging information marks an escalation in the conflict between state gambling regulators and the CFTC-regulated prediction market.

TREE NEWS update: Alexander Zahnd has given up the CEO role at Zilliqa, with no permanent successor named, as the protocol’s X-Bridge remains suspended. Zilliqa named four affected tokens and said native ZIL and its EVM network were unaffected, but it has not put a figure on losses. The bridge suspension and leadership vacancy come as the network’s users await clarity on the incident’s scope.

TREE NEWS update: BitGo has added Jupiter, operator of a $993 million Solana validator, to its custody staking options for institutional clients. Jupiter becomes the fourth named Solana validator partner for BitGo, joining SOL Strategies, Helius and HashKey Cloud. Neither firm disclosed what the new staking option costs.

TREE NEWS update: MSCI will name the companies affected by its index review on November 11, a date that could determine whether Strategy faces exclusion from the index. Investors are watching the decision as the company’s index membership hangs in the balance.

TREE NEWS update: Kraken Wallet released a browser extension version, available for download through the Chrome Web Store, the company said on X on October 29. The extension lets users access the self-custody wallet directly from a desktop browser. Kraken had not disclosed further details on supported browsers or features at the time of the announcement.

TREE NEWS update: MEXC is phasing out services for French users, imposing phased trading restrictions ahead of a March withdrawal cutoff, the exchange said. The move comes as Brazil’s licensing deadline approaches, with rules giving existing providers that miss the filing deadline 30 days to stop services. The exit schedule affects French customers in stages before the March cutoff.

TREE NEWS reports: Bitcoin gained 0.33% on Coinbase and Deribit’s bitcoin implied volatility index ended the afternoon where it started, even as December rate-hike odds rose after Kevin Warsh’s Fed held rates at 3.75% to 4%. The muted volatility reaction suggests traders are not yet repositioning for a tighter policy path.

TREE NEWS update: Datavault AI said it has been unable to withdraw its Bitcoin from Biconomy since June, sending its stock sharply lower. The company also said it will restate four financial reports tied to a $150 million Scilex deal. The disclosure covers both the inaccessible Bitcoin holdings and the restatement of prior filings linked to the transaction.

TREE NEWS update: Aiden Pleterski, the Canadian ‘crypto king’ facing fraud charges over his alleged role in a digital asset Ponzi scheme, told the court at closing that he was innocent as his criminal trial wound down and the case was set to go to the jury. The jury is now due to weigh the fraud charges against him.

TREE NEWS update: Itaú has filed a formal notice with Brazil’s central bank to continue offering crypto trading and custody services, using a route that lets banks already active in digital assets keep operating. The filing came days before the window for banks to submit such notices closes. Brazil’s crypto rules require the formal notice for incumbent bank crypto services.

TREE NEWS update: USDC Treasury minted 250 million USDC on the Solana blockchain at 04:28 Beijing time on October 29. The new issuance brings the total freshly created USDC on Solana in this transaction to 250 million tokens.

TREE NEWS update: Privacy Pools v2 has deployed on BNB Chain, supporting BNB and stablecoins including USDT, FDUSD and U. The upgrade adds shielded payments and yield features, but private spending still requires deposit-screening approval from 0xbow. The deployment brings privacy-focused transaction tools to one of the largest smart-contract networks.

TREE NEWS reports: The three major US stock indexes closed higher, with the Dow up 0.50%, the Nasdaq up 0.95% and the S&P 500 up 0.58% on the day. Among notable names, SKHY rose 13.32%, SanDisk (SNDK) gained 7.39%, Riot Platforms (RIOT) climbed 6.47% and Micron (MU) added 6.04%, while Robinhood (HOOD) fell 3.61% and AMD rose 3.32%.

TREE NEWS reports: Twenty-two percent of Americans have ever owned or used cryptocurrency, up from 18% previously. Past-year use held flat at 13%, indicating that while more people have tried crypto, few are sticking with it.

TREE NEWS update: Pump.fun’s app has launched Hyperliquid perpetual futures trading, letting users trade more than 300 crypto, stock and commodity markets directly with in-app USDC or SOL balances without cross-chain transfers. BTC supports up to 40x leverage, ETH up to 25x, stocks including TSLA and Nvidia up to 20x, and the S&P 500 up to 50x, with isolated margin and take-profit/stop-loss orders. The app also added Arbitrum network support for trading any token on Arbitrum using USDC balances.