Flash News

TREE NEWS reports: A new Senate investigation has found that Tether and its USDT stablecoin are central to what the report calls “Iran’s shadow banking system.” The findings place the largest stablecoin issuer at the center of an alleged sanctions-evasion network tied to Iran. No further details from the investigation were provided in the material.

TREE NEWS update: Chainlink launched CCIP 2.0, adding custom verifiers and faster cross-chain transfers. Existing integrations continue to operate with full-finality defaults, while the new token-pool controls require an opt-in contract upgrade. The release is Chainlink’s latest update to its Cross-Chain Interoperability Protocol.

TREE NEWS update: The SEC announced staff guidance on how federal securities laws could apply to token issuers, following similar guidance from the CFTC. The move came after a failed cloture vote on the CLARITY Act. The guidance addresses how existing securities rules may apply to token issuers.

TREE NEWS update: Strive purchased 1,107 BTC for $94.5 million last week, lifting its total holdings to 27,462 BTC. The company said its SATA preferred stock supplied 85% of the capital for the purchase.

TREE NEWS reports: Prediction market Polymarket traders price a 91% probability that Democrats win the US House of Representatives on November 3, with Republicans at just 9%. The single-market reading reflects where bettors on the platform place the odds roughly at the time of the quote.

TREE NEWS update: Polygon will run a two-month program lifting the gross POL staking rate to 7.7%, funded by fees and compared with a roughly 3% baseline. The boost rewards stake held during the window rather than when the fees accrued.

TREE NEWS update: The Compound Foundation denied allegations that it misused V2 reserves, after records showed 344,780 COMP was added to its voting power ahead of a $52 million V4 budget vote. The proposal already had enough support to pass without those tokens, the records indicate. The Foundation rejected the misuse claim.

TREE NEWS reports: Prediction market predict.fun put the odds of Polymarket launching an official token before the end of this year at 7%, indicating traders see it as unlikely. The probability was posted on X and reflects current market pricing on the event.

TREE NEWS update: Chainlink has launched CCIP 2.0, a version of its cross-chain interoperability protocol that lets banks and institutions run their own security checks on cross-chain transfers. The release comes five months after a rival setup lost $292 million to hackers in the Kelp hack. The upgrade gives institutions control over how transfers are validated before they are executed.

TREE NEWS update: Tether said it helped authorities freeze nearly $550 million in USDT tied to Iran, acting alongside law enforcement. The disclosure came the same day a Senate minority report found USDT dominated activity in 84% of the 846 Iran- and proxy-linked wallets it studied. The report examined wallets connected to Iran and its proxies.

TREE NEWS update: Coinbase is expanding its partnership with Citi to give businesses infrastructure that connects traditional fiat payments with stablecoins. The arrangement is aimed at bridging conventional banking rails and on-chain dollar tokens for corporate payment flows. No financial terms or launch timeline were disclosed.

TREE NEWS reports: Ether rose above 2,700 USDT and was quoted at 2,702.76 USDT, up 0.52% over the past 24 hours. The move marks a fresh push past the round-number level for the second-largest cryptocurrency by market value.

TREE NEWS reports: Ether rose above $2,700, trading at $2,702.76 per token with a 0.94% gain over the past 24 hours. The move marks a fresh push past the round-number level for the second-largest cryptocurrency.

TREE NEWS reports: Bitmine chairman Tom Lee said the company’s ETH holdings have surpassed 6 million tokens, accumulated in under 15 months and equal to nearly 5% of ETH’s total supply. Lee said a new crypto bull market began at the end of June, and that institutions remain underweight crypto and are expected to add exposure in the final months of 2026. ETH has outperformed other macro assets by 6,728 basis points quarter-to-date.

TREE NEWS update: Fairshake, the crypto industry’s political action committee, has spent $11 million on media opposing Democratic Senator Sherrod Brown in Ohio’s Senate race, part of an initial $30 million pledge. The spending is seen by some as a repeat of the crypto industry’s 2024 election playbook.

TREE NEWS update: The “Space Strings” computing constellation was officially launched during the fifth Global Digital Trade Expo, held September 23-27, with construction beginning for global and deep-space coverage. The constellation is jointly developed by EarthTwo Space Technology (Hangzhou) Co., Ltd. and Dongfang Starlink Spatiotemporal Intelligence (Shandong) Technology Development Co., Ltd. Dongfang Starlink leads overall design and operations, while EarthTwo provides AI capabilities and expands international markets.

TREE NEWS reports: Trader Bonk Guy said MARSCOIN’s price action is “very clean” and forecast a sharp rally in the fourth quarter, citing improving fundamentals. He tied the outlook to BNB Chain’s rising influence this cycle and to MARSCOIN’s “Musk + CZ” narrative, noting that SHIB and DOGE each topped $40 billion and $80 billion market caps in a prior cycle. Binance is already supporting the ecosystem through SPCX rewards and part of its own trading fees, he said.

TREE NEWS update: The Arbitrum Foundation has launched the Arbitrum Security Program, offering smart contract audit subsidies to teams building on Arbitrum. The program covers testnet applications, mainnet projects, projects migrating from other blockchains, and dedicated Arbitrum chains. No funding figure was disclosed.