Flash News

TREE NEWS update: Base has activated its Denim upgrade on mainnet, cutting block times to a native 200 milliseconds, or five full blocks per second. The upgrade replaces Flashblocks preconfirmations with native blocks that each carry their own block number, hash, state root and receipts. It also introduces BaseTime for millisecond-level contract time precision and updates the B20 token standard to let issuers require transfer-agent approval and use one address list as either a whitelist or blacklist.

TREE NEWS update: Binance and founder Changpeng Zhao have subpoenaed investor Kevin O’Leary for information in the FTX bankruptcy clawback lawsuit, which seeks at least $1.76 billion over a July 2021 transaction in which Binance sold its FTX stake back to FTX. The suit, brought by FTX Recovery Trust and FTX Digital Markets in November 2024, alleges the deal was a fraudulent transfer. A Delaware bankruptcy court in July denied Binance and Zhao’s motion to dismiss the core claims, and the case is now in discovery.

TREE NEWS update: XTEN has set the final airdrop conversion rate for its Xpoints program as the loyalty scheme comes to an end, the exchange said. The platform also awarded Xpoints to 97 holders of its Discord Tester role in recognition of early testing, feedback and platform use. The announcement marks the closing of the Xpoints campaign and fixes the terms for the final token distribution.

TREE NEWS update: Chainalysis said hackers obtained password hashes and valid authentication tokens for all users on its platform, forcing the blockchain analytics firm to take down its KYT transaction monitoring, address screening, Reactor investigation platform, Data Solutions products and Chain (Beta) services. The firm said a man-in-the-middle attack on some customer passwords has been contained and fixed, with affected accounts locked until passwords are changed. Chainalysis plans to restore KYT and address screening from Nov. 5 via trusted IP whitelisting and is requiring users to reset passwords and, where applicable, rotate API keys.

TREE NEWS reports: The Bloomberg Dollar Index rose 0.15% to 1,221.86 on Thursday, with an intraday range of 1,216.91 to 1,222.03, after climbing steadily from 15:01 Beijing time. The ICE Dollar Index ended flat at 101.565, trading between 101.195 and 101.706, hitting a session high of 101.706 at 22:38 before retreating below 101.4 as US semiconductor and AI stocks were sold off.

TREE NEWS reports: Forensic analysis traced $48.6 million drained from Mercado Bitcoin across 11 blockchains, with thousands of customer deposit addresses hit hours after the Brazilian exchange said it had contained the breach on Monday. The findings contradict the exchange’s claim that the hack was stopped, blockchain data shows. Mercado Bitcoin has not commented on the discrepancy.

TREE NEWS update: Greece’s parliament approved a 10% tax on cryptocurrency gains, with annual net gains of up to €500 exempt. The framework is scheduled to take effect from January 2027. The vote sets a formal tax regime for digital-asset trading in the country.

TREE NEWS reports: CBOT soybean futures fell 1.20% to $11.8975 a bushel on Thursday, edging closer to the July 6 low of $11.67 and the June 15 intraday low of $11.3650. The Bloomberg Grains Subindex slipped 0.65% to 29.3596 points, near its June 30 bottom of 28.5446. Corn fell 0.79% to $4.4075 a bushel, wheat rose 0.04% to $5.9925, and lean hog futures dropped 4.47%.

TREE NEWS reports: Bitcoin fell 6% to $75,700 and ether dropped 7% as a selloff on the Nasdaq spilled into crypto markets, erasing post-election gains. The decline triggered $1.03 billion in crypto liquidations.

TREE NEWS update: A court has granted California tribes an order barring Kalshi from offering sports contracts on their lands, after the tribes disputed the effectiveness of the prediction market’s voluntary location blocks. Kalshi must report its compliance steps within 21 days.

TREE NEWS update: Iran’s Islamic Revolutionary Guard Corps said it shot down a US MQM-170 drone over Qeshm Island in southern Iran at about 11 p.m. local time on the evening of the 5th. The IRGC said it was the sixth drone of that model Iran has downed.

TREE NEWS update: Israeli President Isaac Herzog will decide on Sunday which candidate will be given the chance to try to form a government. The decision follows consultations over the composition of the next coalition, with the mandate to assemble a governing majority set to be assigned at the end of the weekend.

TREE NEWS reports: Nvidia has approached Apollo about building a small artificial intelligence data center network that could span 20 US states. The reported talks center on the scope and structure of the proposed network. No financial terms or timeline were disclosed.

TREE NEWS update: Iran has submitted a nuclear proposal to the United States through Qatar, and Washington is reviewing it, a senior Iranian official said. The official said discussions on the proposal would begin only after Washington meets seven Iranian demands. The move follows a report that Iran was reviewing a series of “concrete proposals” from mediators concerning its nuclear program.

TREE NEWS reports: Zcash’s latest network upgrade promises faster transactions, but thousands of coins remain in an aging privacy system that will soon stop accepting withdrawals, potentially leaving holders unable to access roughly $16 million in crypto. The upgrade does not automatically migrate funds from the legacy pool, meaning owners must act before the withdrawal cutoff or risk losing access permanently.

TREE NEWS reports: Brent crude (XBRUSD) rose above $102 a barrel and was last quoted at $102.15, up 3.7% over the past 24 hours. The move puts the benchmark above the $100 mark.

TREE NEWS reports: WTI December crude futures settled $2.40 higher, up more than 2.72%, at $90.52 a barrel, moving off the lowest close since October 7 of $88.12. Prices climbed steadily from Asia-Pacific midday trading. NYMEX December natural gas settled at $2.9470 per million British thermal units, while December gasoline closed at $2.7634 a gallon and December heating oil at $4.3519 a gallon.

TREE NEWS update: Anza is urging Solana mainnet validators to urgently upgrade to Agave 4.4.1, warning that unpatched nodes will be forked off the network at epoch 1079, expected around 21:30 Beijing time on Nov. 6. The release applies a minimum loaded-data-size limit to loader-v3 ProgramData accounts.

TREE NEWS update: Solana development team Anza advised mainnet-beta validators to urgently upgrade to Agave 4.4.1, warning that unpatched nodes will be forked off the network. The release applies a minimum loaded-data-size limit to loader-v3 ProgramData accounts. Validators that fail to install the patch are scheduled to be forked out at epoch 1079, around 21:30 Beijing time on Nov. 6.