Flash News

TREE NEWS update: Former Los Angeles County Sheriff’s deputy Eric Saavedra was sentenced to 21 months in prison for using law-enforcement databases to help a crypto businessman’s extortion scheme. He was also ordered to pay $90,984 in restitution for concealing $373,146 in income from the IRS.

TREE NEWS reports: Bitcoin crossed above $84,000 on September 29, trading at $84,007.00. The move marks a 0.76% gain over the past 24 hours.

TREE NEWS reports: A whale identified as 0x362a opened a 5x leveraged long position of 4,135 ZEC, worth $5.8 million, on Aster. The position is showing an unrealized loss of more than $450,000 as ZEC has fallen over 18% from its recent high.

TREE NEWS update: The SEC’s Division of Corporation Finance updated its crypto asset FAQ on September 28 to address token buybacks, stating a repurchase announcement is likely not an investment-contract promise only when the system is functional and has no central party. The revision splits buyback programs into code-executed mechanisms and team-directed profit distributions, with the latter still carrying securities risk. Hyperliquid and Uniswap sit closer to the safe side; pump.fun and Ethena face heavier constraints.

TREE NEWS update: Kinetiq, Hyperliquid’s largest protocol by TVL at about $1.3 billion, has launched the testnet of Elysium, an Arbitrum Orbit-based L2 that settles to HyperEVM and uses HYPE as native gas. Kinetiq targets 300 million gas per second and 100-200 millisecond blocks, roughly two orders of magnitude above HyperEVM. Mainnet is planned in about one month, with 50% of sequencer fees used to buy back and burn KNTQ.

TREE NEWS update: Ethlabs said its CCIP 2.0 upgrade reduces Ethereum transaction confirmation waits to seconds, a faster-transfer option that requires users to opt in. The company said Ethereum’s full-finality guarantees and CCIP’s default wait time remain unchanged.

TREE NEWS reports: Block trades in put options accounted for one-third of total options volume as the market entered a correction.live. Implied volatility across major tenors fell slightly versus the prior two weeks, with IV now near 35% after barely rising during the recent rally. The options data is consistent with a mid-bear-market bounce, with the market expecting little volatility.

TREE NEWS reports: A newly created wallet, 0x4876, withdrew 9,132 ETH — about $24.37 million — from Binance over the past three hours, on-chain tracker Lookonchain said on September 29. The withdrawal is the latest sign of continued whale accumulation of ETH.

TREE NEWS update: Jumper, the cross-chain swap app incubated by Li.Fi, opens its JUMP token sale on Legion at 9pm Beijing time on September 29 and closes October 2, targeting $2M with a $3M cap at a $75M fully diluted valuation. The token is priced at $0.075, with 4% of supply on offer, 50% unlocked at TGE, and a TGE expected in Q4 2026. Subscriptions are paid in USDC on Ethereum.

TREE NEWS reports: Two QNT whale wallets dormant for over three years moved tokens as QNT rallied, selling a combined $9.93 million, Lookonchain monitoring shows. Wallet 0x6d32 deposited 8,250 QNT ($1.88 million) to Binance, while 0xd633 moved 34,200 QNT ($8.05 million) and has deposited 9,000 QNT ($2.12 million) to Coinbase and Kraken.

TREE NEWS update: Tether said it helped freeze $550 million in Iran-linked USDT this year, the stablecoin issuer disclosed as Senate Democratic investigators alleged the token had become a key part of Iran’s shadow banking network. The figure covers freezes carried out in the current year. The disclosure and the Senate allegation surfaced together.

TREE NEWS reports: A single whale has been steadily accumulating and consolidating ZEC across multiple wallets over the past week, with the main wallet receiving about 41,690 ZEC and sending out roughly 18,730 ZEC, leaving a net position of approximately 22,960 ZEC worth about $31.7 million. Accumulation continues, with another 4,200 ZEC (about $5.84 million) transferred into the main wallet in the past three hours.

TREE NEWS reports: US spot bitcoin ETFs recorded $31.07 million in total net inflows on September 28, the eighth consecutive day of positive flows. BlackRock’s IBIT led with $54.84 million, bringing its all-time total net inflow to $65.337 billion. Grayscale’s Bitcoin Mini Trust ETF BTC followed with $10.32 million, lifting its historical total net inflow to $2.964 billion.

TREE NEWS reports: US spot Ethereum ETFs recorded a total net inflow of $17.10 million on September 28 (US Eastern Time), extending the streak to seven consecutive days of net inflows. BlackRock’s ETHA led with $15.35 million, bringing its all-time net inflow to $13.299 billion, followed by 21Shares’ TETH at $1.74 million, with cumulative inflows of $32.88 million.

TREE NEWS reports: The US Bureau of Labor Statistics will release August JOLTS job openings on Sept 29 at 10:00 ET, with market consensus at about 7.23 million versus July’s 7.27 million. The data lands after the Fed raised rates to 3.75%-4% on Sept 16, with 16 of 18 officials expecting another hike this year and October odds near 71%. Bitcoin slipped to about $83,000; US spot bitcoin ETFs drew roughly $2.4 billion last week.

TREE NEWS reports: SharpLink Gaming staked a further 42,074 ETH, worth $112.8 million, on September 29. The company now holds 892,127 ETH valued at $2.4 billion and has accumulated 27,945 ETH, or $75 million, in total staking rewards.

TREE NEWS update: Binance Futures will list seven USDT-margined perpetual contracts on September 29, 2026, starting at 17:00 (UTC+8) with Critical Metals Corp. (CRML), followed by Breakwave Tanker Shipping ETF (BWET) at 17:05, Accenture (ACN) at 17:10, MP Materials (MP) at 17:15, Securitize (SECZ) at 17:20, UnitedHealth Group (UNH) at 17:25 and Nike (NKE) at 17:30. The listings cover equities spanning metals, shipping, consulting, healthcare and consumer brands.

TREE NEWS update: The Federal Reserve on September 24, 2026 released two draft stablecoin rules: one setting 1:1 reserve, redemption, capital, custody and reporting requirements for Fed-supervised payment stablecoin issuers, and a second creating an application process for bank subsidiaries to issue stablecoins. Issuers must value reserves daily at 5pm and pay valid redemption requests within two business days, with weekly confidential operational reporting and quarterly CFO-certified financials. Comments run 60 days after Federal Register publication.

TREE NEWS update: Coinbase has received CFTC approval to operate a US derivatives clearinghouse, bringing the exchange’s derivatives infrastructure in-house. The move follows Kraken’s parent company, which acquired Bitnomial and its CFTC-regulated exchange, clearinghouse and brokerage in May. Coinbase now joins Kraken in owning end-to-end US derivatives clearing capability.