Flash News

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.

TREE NEWS update: THORChain said its network halt is an emergency safety mechanism designed to protect the protocol, not a selective freeze targeting specific funds or a single swap. The project noted that in the May 2026 attack that drained $10.7 million from liquidity pools, the attacker’s addresses were never blacklisted, so they were never blocked from swapping on THORChain. THORChain is permissionless and was designed without censorship features, it said.

TREE NEWS update: Stablecoin U has passed $1.38 billion in total circulation with more than 81,600 holders, the issuer said, adding that peak daily spot volume on Binance reached $1.5 billion and a record single-day high above $3 billion. U has also listed on Kraken and opened direct deposit and withdrawal channels between Binance and Robinhood Chain. Binance Earn offers up to 6.63% APR on U on the first $8,000, while VIP users can earn up to 7.7% on the first $500,000 from Sept. 15 to Oct. 15.

TREE NEWS update: Circle co-founder Sean Neville resigned from the company’s board for personal reasons, effective immediately, cutting board membership from eight to seven. CFO Jeremy Fox-Geen has also notified the company of his intention to leave, but will remain in the role through the end of December 2026 to ensure a smooth transition. Circle has begun a search for his successor with the help of a prominent executive search firm, and said Fox-Geen’s departure stems from no disagreement over operations, policies or practices.

TREE NEWS update: Li Auto CEO Li Xiang said in a long post that ‘de-X’ thinking — a reference to reducing reliance on CATL — is a zero-sum mindset, and that Li Auto has never used it to define its self-development strategy. He said the company’s push for deep in-house battery development comes down to three things, starting with giving users an experience ahead of industry standards by building products for needs that have not yet been met.

TREE NEWS update: French bitcoin treasury company Capital B purchased 13 BTC for €970,000, bringing its total holdings to 3,538 BTC. The company reported a year-to-date BTC yield of 2.20%.

TREE NEWS update: Nano Labs founder Jack Kong said his X account has been recovered after a phishing attack. Attackers sent a phishing email to his commonly used public address, and an AI assistant misidentified the fake link as an official X verification page, leading him to enter the verification code sent by X to his bound email into the phishing page. The account had earlier posted false project information.

TREE NEWS reports: Bitcoin’s rebound from its July 1 low of $57,820 has formed a five-wave structure now in its final ‘e’ leg, with technical models flagging overbought conditions and the price approaching the $88,000-$90,500 resistance zone. Analyst sees a high probability the e-wave ends in that zone, with $80,500-$82,500 as key support. HYPE set a record high of $101.93 on Sept. 22 and is now testing support near $89.69, with $90 the key level to watch.

TREE NEWS update: JAC Motor shares hit the 10% daily limit for a third session, trading at 25.22 yuan and giving the automaker a market value of 56.85 billion yuan. The stock has now capped out on September 22 and September 23 as well, ahead of a HarmonyOS Smart Mobility launch event scheduled for the afternoon of September 28. JAC said it has maintained cooperation with Huawei.

TREE NEWS update: Binance Wallet now supports paying gas fees with USDT, the exchange’s wallet unit said on September 28. The feature covers BNB Smart Chain, Ethereum, Solana and Tron, letting users settle network fees in the stablecoin instead of each chain’s native token.

TREE NEWS reports: South Korean regulators are weighing whether to allow crypto market makers, a practice effectively barred under the country’s market manipulation rules. The rethink follows a spike in JPYC on Upbit this month, when the yen-pegged token traded at four times its peg.

TREE NEWS reports: Bitcoin fell below $83,000, trading at $82,987 per coin, down 1.75% intraday. The move marks a fresh leg lower for the largest cryptocurrency, which has now lost ground within the session.

TREE NEWS update: South Korean crypto exchange Upbit will list the CASHCAT token on its Korean won, BTC and USDT markets, with trading set to begin at 17:00 local time on September 28, the exchange announced. The listing gives the token three trading pairs on one of the country’s largest exchanges.

TREE NEWS update: Binance said it will support airdrop programs tied to SpaceX (SPCXB) for holders of MarsCoin (MARSCOIN) and Invesco QQQ Trust (QQQB) for holders of Niulai. The exchange will assist in distributing the tokens to eligible holders of the two named assets. No distribution ratio or snapshot date was disclosed.

TREE NEWS reports: Bitcoin demand has not improved and is weakening further, CryptoQuant analyst Darkfost said on Sept. 28. Futures demand has fallen from 164,000 BTC to just 3,000 BTC, while spot demand remains negative at -174,000 BTC despite strong ETF inflows, pushing the 30-day cumulative demand estimate to -171,000 BTC. Over the past 15 days, bitcoin’s price still rose from $74,000 to $84,000.

TREE NEWS update: Ethena said it will halt all USDe-linked token incentives and inflation at the end of this month, after those rewards had already fallen about 85% since the first airdrop in 2024 and totaled over $750 million. The protocol also moved all remaining investor unlocks forward to Oct. 5, 2026, ending monthly vesting roughly 17 months early. ENA rose from $0.014 on Sept. 16 to near $0.28, a gain of nearly 100% in 10 days.

TREE NEWS update: Multiple bank credit-card holders in China reported unauthorized overseas transactions on their Mastercard cards, which had previously been linked to Apple Pay. A person familiar with the matter said all affected customers have been reached through customer service and their funds have been secured.

TREE NEWS update: Binance will roll out five U-margined perpetual contracts on Sept. 28 between 17:00 and 17:20 (UTC+8), covering OKLOUSDT, TWSTUSDT, CVNAUSDT, RUMUSDT and XOMUSDT. The contracts each offer up to 20x leverage, the exchange said in an official announcement.

TREE NEWS update: Vitalik Buterin said Ethereum’s Hegotá upgrade could be the network’s last ‘normal’ fork, with PeerDAS marking the start of its transition ‘from being just a blockchain to being something much more powerful.’ The Ethereum co-founder framed the shift as a structural change in what the network is designed to do, rather than a routine technical upgrade.