Flash News

TREE NEWS update: AMC Entertainment CEO Adam Aron said Robinhood tokenized AMC shares without the company’s consent, calling the product “disgusting.” Robinhood CEO Vlad Tenev said no consent was required and that the product serves international investors seeking US equity exposure. The token, issued by an offshore Robinhood subsidiary as a debt security, tracks the share price but gives buyers no ownership of the underlying stock — a synthetic structure the industry calls a “wrapper.”

TREE NEWS update: Hunter Biden said in an interview on Unchained that the accusations against him are “a speed bump” compared with the Trump family’s business dealings, naming World Liberty Financial as part of what he called a “Mount Everest of corruption.” He also said the TRUMP memecoin took money from Trump’s own supporters.

TREE NEWS update: Jerome de Tychey said he is withdrawing EIP-8363 from consideration for the Hegotá upgrade, after industry participants and core protocol and client contributors argued that hard-fork scope discussions are not the right venue for deciding issuance policy changes. The proposal’s author plans to continue the debate on ETH issuance policy through a separate process aimed at building broader consensus.

TREE NEWS update: Gate will hold an F1 Red Bull driver meet-and-greet on October 7 during TOKEN2049 Singapore, bringing world champion Max Verstappen and teammate Isack Hadjar to the Gate Lounge for autographs, photos and fan interaction from 18:30 to 19:30. The event is part of Gate’s TOKEN2049 activities; the exchange will also run a branded booth and lounge on October 7-8, with founder and CEO Dr. Han giving a keynote on the main stage.

TREE NEWS reports: Bitcoin erased its gains following the release of a lower-than-expected PCE inflation reading, trading back below $86,000. Analysts cautioned that methodology changes to the inflation gauge complicated the interpretation of the data, leaving the crypto market without a clear directional signal from the print.

TREE NEWS reports: ESMA and regulators in France, Germany and Greece are reviewing whether Binance used MiCA’s reverse solicitation exemption to serve some EU clients without authorization. The exemption applies only when a client fully initiates contact with a non-EU crypto firm. Binance withdrew its Greek MiCA license application in June and said it will apply in another EU member state. ESMA has called for stronger enforcement powers against unauthorized non-EU firms soliciting European investors.

TREE NEWS reports: Trader Doctor Profit said on X that he has closed his altcoin positions, selling ONDO at a 73% profit and exiting HBAR and XRP for small gains, citing excessive leverage as spot altcoin volume reached four times that of bitcoin. He disclosed a BTC short opened at $86,200 with additional short orders set between $86,500 and $89,500, and expects a bitcoin pullback to $79,000. His BTC, ETH, CRCL and COIN positions remain unchanged.

TREE NEWS reports: Macro analyst Jordi Visser said AI agents will become bitcoin’s next catalyst, arguing they can serve as a bridge that helps traditional institutions allocate their $900 trillion in assets into bitcoin and cryptocurrencies. Visser said he is focusing his work on AI and crypto. The comments were reported by Bitcoin Treasuries.

TREE NEWS update: The winding-down exchange BitMart says its 2021 hack drained about $319.5 million from its reserves and has proposed a court-backed plan to compensate affected users through payouts or tokens. The exchange plans to ask courts to approve the plan by early 2027.

TREE NEWS update: The MyDoge team has opened the public testnet of DogeOS, a zero-knowledge rollup that gives Dogecoin an EVM application layer for DeFi and games, with DOGE used to pay fees. The rollup currently relies on a permissioned sequencer, pending a proposed Dogecoin upgrade that remains unimplemented.

TREE NEWS reports: EU regulators are examining Binance’s use of a MiCA exemption to serve customers, with ESMA pushing for stronger enforcement powers. The review focuses on whether the exchange’s reliance on the licensing carve-out complies with the bloc’s new crypto rules. No outcome or timeline has been disclosed.

TREE NEWS update: The authors behind the proposal to burn Ethereum staking rewards have withdrawn it and will pursue issuance policy through a separate process, citing objections over validator economics and how the change was being considered. Lido was named among those offering to help with the new effort.

TREE NEWS update: MetaMask has exited its Lido validators following an infrastructure security incident, the wallet said, adding it found no immediate threat to user wallets. The ETH it is withdrawing from Lido could take up to 45 days to be returned.

TREE NEWS update: A judge dismissed 15 claims against Chainalysis over its disputed $3.3 billion audit for Celsius, but allowed an aiding-and-abetting claim to proceed. The blockchain analytics firm still faces that remaining count tied to the collapsed lender’s audit.

TREE NEWS reports: European regulators are examining how Binance continues serving EU customers from Abu Dhabi, months after the exchange lost its MiCA registrations. The scrutiny centers on the ‘reverse solicitation’ exemption, which allows firms to serve EU clients who approach them on their own initiative without local authorization.

TREE NEWS update: Judge Jennifer Rochon dismissed the LIBRA and M3M3 memecoin class action with prejudice, ruling that six months of memecoin launches cannot sustain a RICO claim. The court also found that plaintiffs never pleaded Meteora as an entity capable of being sued. The dismissal with prejudice ends the case at the district level.

TREE NEWS reports: CertiK tallied $766.4 million in losses from exploits and phishing in September, with Bitget and Liquid Network accounting for the largest share of the damage. Recovered and frozen funds substantially reduced the net impact of the month’s incidents.

TREE NEWS reports: A whale wallet that had been inactive for five months withdrew 5,000 ETH, worth $13.43 million, from Binance, on-chain tracker Lookonchain reported on October 1. The tokens were moved out of the exchange in a single transaction. No further activity from the address was disclosed.

TREE NEWS update: SBI Holdings has completed its acquisition of Japanese crypto exchange Bitbank, making Bitbank a wholly owned subsidiary. The deal was executed through Bitbank’s buyback of its own shares from MIXI and Ceres. As part of the completion, SBI VC Trade president Tomohiko Kondo will join Bitbank’s board, while Bitbank CEO Noriyuki Hirosue is expected to become an outside director of SBI VC Trade.