Flash News

TREE NEWS update: The shhhhh airdrop claim window will close in three hours, the project said. Eligible users have until the deadline to claim their tokens. No further details on the distribution or total amount were provided.

TREE NEWS update: DogeOS, a Dogecoin application-layer project, has opened its public testnet as a rollup network running independently of the Dogecoin main chain, EVM-compatible and built on zkVM. Testnet transaction fees are paid in DOGE, with a faucet dispensing 42.069 test DOGE daily. Superposition Finance, Derps, USDoge, Snag and game publisher PlaysOut are building lending, perpetual futures, a CDP stablecoin, prediction-market aggregation and mini-games on the network. No mainnet launch date has been announced.

TREE NEWS reports: Bitwise chief investment officer Matt Hougan said the failure of the Clarity Act left crypto with fewer restrictions and faster action from the SEC. Hougan argued the legislative defeat produced quicker regulatory wins for the industry than the bill would have delivered.

TREE NEWS update: The U.S. Treasury’s Office of Foreign Assets Control sanctioned a Tren de Aragua ATM network and designated seven Tron addresses, Chainalysis said. The wallets’ counterparties had exposure to laundering networks used by Mexican and Colombian cartels and Venezuelan launderers, the firm said. The designations freeze any U.S.-linked assets tied to the listed addresses.

TREE NEWS update: The FBI has told employees in an internal memo to assume their personal information was stolen by the hacking group ShinyHunters, which claims to have breached FBIjobs.gov and taken 2 to 3TB of data on nearly all FBI agents and job applicants. ShinyHunters says the data includes names, phone numbers, home addresses and some spouses’ details, and that it entered via a previously unknown Oracle PeopleSoft vulnerability. FBI cyber chief Brett Leatherman said the bureau is investigating and has not confirmed the scale or method of the breach.

TREE NEWS update: The FBI has told its employees to assume that hackers hold their personal data. The warning follows claims by the ShinyHunters group that it hacked the bureau’s jobs site. The memo advises staff that their private details may be in the hands of the attackers.

TREE NEWS reports: Standard Chartered projects Ethena’s synthetic dollar USDe will scale to $40 billion and its ENA token will rise roughly sevenfold to $2 by the end of 2028. The bank ties the forecast to USDe’s growth and an increase in token buybacks.

TREE NEWS reports: Multicoin Capital deposited 92,400 HYPE tokens worth about $8.34 million into Coinbase Prime, on-chain data monitored by Onchain Lens shows. The transfer has raised speculation that the venture firm may be preparing to sell the tokens.

TREE NEWS update: The CFTC secured a judgment exceeding $30 million against defendants in the Fundsz fraud case, the agency said. Two defendants were found to have participated in a crypto scheme and then attempted to walk back their involvement.

TREE NEWS update: A Coinbase-backed crypto advocacy group issued its first Senate endorsements, backing Republicans Jon Husted and Ashley Hinson and Democrat Chris Pappas. The endorsements come two weeks after the collapse of the Clarity Act, as the industry’s legislative fight shifts to the campaign trail.

TREE NEWS reports: US stocks closed mixed on Tuesday, with the Dow down 0.93% and the Nasdaq up 0.15%, while the S&P 500 slipped 0.25%. Crypto-linked names led declines: MARA fell 5.79%, Riot Platforms (RIOT) dropped 5.31%, Robinhood (HOOD) lost 2.92%, PayPal (PYPL) declined 2.46% and Circle (CRCL) fell 1.90%. Intel (INTC) bucked the trend, gaining 3.83%.

TREE NEWS update: US Senator Steve Daines formally introduced the 56-page ADAPT Act, setting tax rules for stablecoin payments, network fees, staking and lending, and extending wash-sale and constructive-sale rules to digital assets. Payments in compliant dollar stablecoins for goods and services would generally not require gain or loss recognition, with qualifying consumer transactions exempt from broker information reporting. Most provisions apply to tax years or transactions after December 31, 2026.

TREE NEWS update: Uniswap Labs is planning a rewards hook for liquidity providers on OUSD, the stablecoin it backs. OUSD is already live across Uniswap’s protocol, apps and API, while the planned rewards mechanism has yet to be fully designed. No launch date or further details were given.

TREE NEWS reports: The attacker behind the $387.5 million Bitget heist has begun hiding about $3.8 million in ZEC inside Zcash’s Ironwood privacy pool, after Near Intents rejected the swaps. The move marks a shift by the hacker toward privacy tools to obscure the stolen funds following the refusal by the Near-based swap service.

TREE NEWS update: US Senator Steve Daines introduced the ADAPT Act, a crypto tax bill that would exempt qualifying stablecoin purchases and crypto-paid transaction costs of $10 or less from gain-or-loss recognition. The measure would simultaneously restrict loss harvesting through wash-sale rules. The bill pairs payment relief with tighter treatment of crypto tax losses.

TREE NEWS update: The UK Financial Conduct Authority has opened its crypto authorization window, allowing existing firms that apply by Feb. 28, 2027 to keep taking on new business while their applications are still pending when the new regime starts on Oct. 25. The FCA’s regime is set to take effect on Oct. 25, 2027.

TREE NEWS update: Robinhood CEO Vlad Tenev said the brokerage is building infrastructure around 24/7 trading of assets. Tenev said the company is benefiting from AI-driven trading activity. He made the remarks in an interview with Bloomberg Television.

TREE NEWS update: A crypto advocacy group announced its endorsements for US House and Senate races as midterm elections approach. The picks came as many polls showed Democrats favored to regain control of both chambers in 2027. The organization did not disclose the names of the endorsed candidates in the material provided.

TREE NEWS update: Coinbase’s layer-2 network Base has rolled out its Cobalt upgrade, which lets token issuers move seized balances rather than burn them, the network said. The upgrade also allows traders to attach conditions to transactions, which Base says keeps those transactions private until they are included. No date for the change was given in the material.