Flash News

TREE NEWS update: Scammers posing as the unlaunched GIWA network stole about $2 million in ETH, prompting DYORSWAP to say it paid more than 200 ETH in compensation to affected users. Upbit operator Dunamu, which is behind GIWA, warned that its mainnet has not launched. The incident highlights impersonation risk around pre-launch crypto brands.

TREE NEWS reports: On-chain analyst Wazz has identified a rug-pull operation on Robinhood Chain that launched at least 53 token projects in two months and cashed out roughly $18.43 million. The ring funded each new launch wallet seconds before deployment with proceeds from the previous project, pre-sniped over 70% of circulating supply and bundled 70-200 sybil wallets per token, mostly through Pons V2. CRUMBS, LEGS and PINK were the three largest cash-outs at $3.12 million, $2.9 million and $1.44 million.

TREE NEWS update: Jinchen Corp issued a stock-trading risk notice after media reports linked it to the glass-substrate packaging concept. The company said its semiconductor equipment R&D and manufacturing project in the Suxitong Sci-Tech Industrial Park in Nantong, Jiangsu, has a three-year build cycle, has not yet entered land auction or construction, and the equipment involved is still in R&D with no external sales. It said operations are normal and its main business has not changed materially.

TREE NEWS reports: Bitcoin dropped below $83,000 on Monday, moving with US stock futures after US President Donald Trump declined to commit to permanently halting strikes on Iran. The decline kept bulls from targeting the yearly open, with liquidity hunting continuing to drive price action.

TREE NEWS update: Ethereum co-founder Vitalik Buterin released his first original science-fiction novel, ‘Snowmoon’, in full. The 32-chapter work, more than 170,000 Chinese characters in translation, was written by hand with AI used only for polishing and proofreading. Set in a future world reliant on cryptography and decentralized governance, it explores ideological conflict over digital sovereignty. The novel is open-sourced under GPL v3, with its AI-use statement written into the text.

TREE NEWS update: Honor launched its Magic9 series, with the Magic9 Pro Max headlining the lineup. The Pro Max features a dual 200-megapixel Leica imaging system, debuts Qualcomm’s 2nm Snapdragon 8 Ultimate Edition platform, and carries an 18MB dedicated high-speed GPU memory. It is powered by an 8,800mAh next-generation Qinghai Lake blade battery. The series starts at 4,499 yuan.

TREE NEWS update: Bitget has begun resuming withdrawals on a phased basis after a $388 million exploit, saying it has patched the vulnerability. The exchange said losses from the incident will be fully covered by its user protection fund.

TREE NEWS reports: Bitcoin fell more than 2.0% intraday to trade at $82,788. The move marks a daily decline for the largest cryptocurrency, which changed hands at that level as of the latest reading.

TREE NEWS reports: Bitcoin exchange-traded funds took in $2.4 billion over the week, the largest weekly inflow since October 2025, as Ether and XRP ETFs also drew fresh capital. Daily inflows slowed as Bitcoin pulled back from above $87,100 during the week.

TREE NEWS reports: Hong Kong stocks closed mixed, with the Hang Seng Index up 0.54% and the Hang Seng Tech Index down 0.37%. Optical communications names led the decline: YOFC fell more than 16% and Zhongji Innolight dropped over 12%. MINIMAX lost more than 9%.

TREE NEWS update: Bitget has opened BTC withdrawals as scheduled under its phased withdrawal plan. ETH-related networks will open on Sept 29 at 16:00 (UTC+8), USDT networks on Sept 30 at 16:00 (UTC+8), and other token withdrawals plus fiat and C2C services will resume progressively from Oct 2 at 16:00 (UTC+8). CEO Gracy Chen and Greater China head Xie Jiayin are hosting a public livestream on the security incident.

TREE NEWS update: Honor has launched the Honor Watch 6 Pro, priced from 1,699 yuan at first sale. The smartwatch is the industry’s first to offer cardiac arrest monitoring, with the company positioning it around proactive health management. The device was announced in China.

TREE NEWS reports: Address casualpig.eth withdrew 1,754 ETH, worth $4.65 million, from Bybit three hours ago, marking its first ETH position in a year, on-chain analyst Ai Yi reported on September 28. The address’s previous ETH trade, held from August to October 2025, was bought at $4,751.74 and deposited back at $4,433.10, for an estimated loss of $449,000.

TREE NEWS update: Bitget CEO Gracy Chen said attackers exploited a third-party security product flaw to steal internal network credentials and forge withdrawal instructions to the exchange’s wallet system, moving about $388 million. Private keys were not leaked and cold wallets were unaffected, the vulnerability has been fixed and the incident is fully under control, Chen said in a livestream. Bitget will cover the entire loss through its user protection fund and refill it to at least $300 million within one week of use.

TREE NEWS reports: A newly created wallet, ‘0x80Fa’, withdrew 10,390 QNT tokens worth $2.87 million from Coinbase, on-chain monitor Lookonchain reported on September 28. The withdrawal moved the Quant tokens to a fresh address with no prior transaction history.

TREE NEWS reports: The hacker behind the $351.6 million Bitget exploit is converting stolen ETH into BTC through THORChain, on-chain monitoring firm Lookonchain said on September 28. The cross-chain swap moves the funds across networks and complicates tracing, as the ETH is exchanged for Bitcoin via the decentralized liquidity protocol.

TREE NEWS reports: Crypto KOL Ansem said he is strongly bullish on a genuine NFT revival this cycle, though his focus is on experiments around the NFT format itself — agents, ownership, new minting mechanisms and combinations of NFTs with on-chain products. He added that the market remains in the early stage of a broader on-chain ecosystem rotation, so he expects a wave of new NFT creativity ahead.

TREE NEWS reports: Ethereum co-founder Vitalik Buterin laid out a 2030 vision in which the network sheds core Satoshi-era blockchain traits, moving from proof-of-work to optimized proof-of-stake, from single-miner block building to multi-party construction, and from full re-execution to PeerDAS sampling and SNARK verification. He said the planned Hegota fork next year may be Ethereum’s last “conventional” fork, with recursive STARKs and quantum-resistant cryptography to follow.

TREE NEWS reports: Liquid Capital founder JackYi said the bitcoin pullback was in line with his expectations, noting he had forecast a major correction near $86,000 more than 20 days ago and had been calling for a pullback since the price reached that level. He said the correction does not affect the bull market trend, adding that quality assets will take turns rising in the early stage of the cycle.

TREE NEWS reports: Hangzhou Unitree Robotics Co., Ltd., a wholly owned subsidiary of Unitree Technology Co., Ltd., increased its registered capital from RMB 100,000 to RMB 25.1 million, a 25,000% rise. The company was incorporated in April 2019, is legally represented by Wang Xingxing, and lists software development, software sales and intelligent robot R&D among its business scope.