Flash News

TREE NEWS update: NEAR Intents has halted services after a $3.8 million exploit. The contract flaw has been patched, but deposits and withdrawals remain disrupted across 11 networks. The protocol said it will fully compensate affected users.

TREE NEWS update: World Liberty Financial has launched staking for its WLFI token, requiring holders to lock tokens for 180 days and cast governance votes to claim rewards, with no fixed payout rate. The program includes a $1.25 million USD1 pool. The launch ties reward eligibility to participation in protocol governance.

TREE NEWS update: NEAR Intents said it has patched a contract-side flaw that let an attacker drain about $3.87 million in USDT from a contract it uses on BNB Chain over roughly six hours, and the cross-chain protocol pledged full compensation to affected users. Blockchain data shows the funds leaving the contract in that window.

TREE NEWS update: The Monad Foundation said StraitsX plans to natively deploy its Singapore dollar stablecoin XSGD and US dollar stablecoin XUSD on Monad in early 2027, and to explore using the network for stablecoin payments and financial services. The deployment remains subject to technical, regulatory, compliance and partner requirements and has not yet gone live.

TREE NEWS update: The Sweat Foundation said it will terminate the current operating model for Sweat Wallet and SWEAT on Dec. 30, after the model failed to reach sustainable profitability, with further arrangements to be announced in the first week of December. When the claim and Grow Jar contracts close, unclaimed SWEAT and savings balances will be sent to the associated NEAR accounts. The SWEAT token will remain on NEAR and bridged EVM chains, while the separately operated Sweatcoin app continues as normal.

TREE NEWS update: Blockworks has launched a hosted Model Context Protocol server that gives ChatGPT, Claude and Cursor read access to the datasets behind its research and its Intel app. The server is included with every API plan at no extra cost, using the same key and the same permissions.

TREE NEWS update: Blockworks launched a server that lets AI assistants including ChatGPT and Claude query figures from its combined Blockworks and Messari datasets, making the crypto data firm’s information searchable from within the tools. The new server covers the merged datasets the firm now operates, giving AI assistants direct access to its crypto market figures.

TREE NEWS update: NEAR Intents has suspended services after reporting a $3.8 million loss, pledging full compensation to affected users. Deposits and withdrawals across 11 networks will remain halted longer while infrastructure repairs continue, the protocol said.

TREE NEWS reports: Crypto security losses hit $1.26 billion in Q3 across 247 incidents, with September alone accounting for roughly $769 million. The total was driven past the $1 billion mark by a $388 million hack at the exchange Bitget. The figures cover the third quarter of the year.

TREE NEWS reports: Highly liquid and settling around the clock, stablecoins can exit banks and countries at lightning speed. Whether that mobility represents a risk or an opportunity depends on the perspective of the observer, the analysis said. No specific figures, institutions or jurisdictions were cited.

TREE NEWS reports: A Latin American stablecoin ecosystem report found that only 16 of 494 companies focus primarily on wholesale liquidity, treasury and credit, warning that “fragility in the system is concentrated in its thinnest layer.” The finding points to a narrow provider base underpinning regional stablecoin liquidity.

TREE NEWS update: The European Union has issued guidelines targeting virtual currencies in 11 video games, including Minecraft and Candy Crush, as part of a consumer protection crackdown. The rules cover currencies purchased with real money inside games but explicitly exclude cryptocurrencies, leaving crypto tokens outside a regime written for in-game currencies.

TREE NEWS reports: The crypto industry is pivoting its lobbying strategy away from Congress and toward individual senators. The briefing also noted that a major MetaMask security event has crypto natives on edge as details trickle out. No specific senators, bill names or figures were disclosed.

TREE NEWS reports: Citi has lifted its 12-month price target for Bitcoin to $113,000 from $82,000, and set a $3,000 target for Ethereum. The revised Bitcoin target still sits roughly 10% below the cryptocurrency’s October 2025 record high. The bank disclosed the new forecasts in its latest outlook.

TREE NEWS reports: U.S. spot Bitcoin ETFs recorded $149 million in net outflows, ending a nine-day inflow streak that had brought in roughly $3 billion, data showed Wednesday. U.S. spot Ethereum ETFs saw $59.6 million in net outflows the same day, led by $26.6 million exiting Fidelity’s FETH fund.

TREE NEWS update: Lloyds settled $750,000 of payment obligations with Visa using USDC over a seven-day live cross-border pilot. The trial used the dollar-pegged stablecoin to move real payment flows between the bank and the card network. No further terms or settlement timing were disclosed.

TREE NEWS update: MEXC announced on September 30 that it added another 1,000 BTC to its user protection fund, the Guardian Fund, marking its second large-scale BTC allocation this year. The fund now holds 100 million USDT and 2,000 BTC. MEXC said the move continues its May commitment to expand the Guardian Fund from $100 million to $500 million within two years, and it has published the on-chain wallet addresses for users to verify.