Flash News

TREE NEWS update: Tether said less than 0.034% of its assets are held at EQIBank, an offshore bank whose funds US prosecutors are moving to seize. Prosecutors are seeking to forfeit about $83 million held by a payments firm that EQIBank says was keeping the bank’s money. The disclosure puts Tether’s exposure to the bank at a fraction of a percent of its reserves.

TREE NEWS reports: Bitcoin net long positioning stood at 2,756 contracts in the week ended September 22, 2026. The figure reflects the net long position held by traders in CFTC-tracked bitcoin futures contracts for that reporting week.

TREE NEWS update: SEC staff released a new FAQ explaining how the Commission’s March digital-asset interpretive release applies to token functionality, staking receipt tokens and investment contracts. The guidance states that services provided to maintain, improve or develop a network that is already functional generally do not constitute “essential managerial efforts” under the Howey test. The FAQ reflects staff views only and carries no legal force.

TREE NEWS update: SlushWallet, a wallet built for Sui by Mysten Labs, now supports gas-free stablecoin transfers that settle within one second, Sui said on X. The wallet also supports strategies and lets users replace wallet addresses with SuiNS names. Sui did not give a launch date or say which stablecoins are supported.

TREE NEWS update: Tether said its exposure is “limited” to EQIBank, the lender named in a US case tied to an $84 million seizure. US prosecutors alleged a payments business illegally moved hundreds of millions of dollars at EQIBank’s direction, and Tether holds some assets at the bank. The stablecoin issuer did not disclose the size of its holdings.

TREE NEWS update: Circle and Tether blacklisted a wallet labeled “Bitget Exploiter 8,” freezing about $318,000 in USDC and USDT tied to the Bitget hack. The attacker had already swapped most of the funds into ETH, which the issuers cannot freeze, so only a fraction of the stolen money was locked.

TREE NEWS reports: Bitcoin fell below $84,000, trading at $83,995.00. The move leaves the largest cryptocurrency up 0.23% over the past 24 hours despite the dip below the round number. The price level was crossed on September 26.

TREE NEWS update: A man has been charged over his role in a “massive pig butchering” scam that defrauded a victim of millions of dollars’ worth of crypto, with the loss put at $16 million. Pig butchering schemes build long-term fake relationships to lure victims into fraudulent crypto investments. The charge covers the man’s part in the fraud, which ran into the millions.

TREE NEWS update: Bitget said the security breach it disclosed on Thursday affected about $388 million in assets, roughly $35 million more than the exchange previously reported. The revised figure follows an analysis of assets held on Zcash and TRON, the exchange said in its clarification of the incident.

TREE NEWS reports: Bitcoin climbed above $86,000 this week, with spot bitcoin ETFs buying and short sellers forced to cover as the price rose. The same combination drove August’s rally, when ETFs bought for nine straight trading days; the move stalled once that ETF buying faded. Whether the current breakout holds will depend on who is behind the buying.

TREE NEWS update: An attacker drained $387.5 million from Bitget’s hot and warm wallets by faking internal transfer requests, the exchange said. Bitget’s CEO said the fingerprints of the attack point to North Korea. The loss figure has climbed to $387 million as details of the incident emerged.

TREE NEWS update: Bitget has raised its estimate of losses from a hack to $387.5 million after widening its token accounting to include Zcash and TRON assets. XRP and ether dominate the identified outflows, and withdrawals remain paused at the exchange.

TREE NEWS update: Strategy has proposed moving its STRC preferred stock and three other preferred issues to daily dividend payments, and is seeking shareholder approval for the change. The proposal follows a similar move by Bitcoin treasury firm Strive. No timeline or vote date was disclosed.

TREE NEWS update: A flaw in Limit Break’s Payment Processor V2 put old Magic Eden Ethereum NFT listings at risk, Magic Eden warned, prompting a whitehat rescue of more than 23,000 NFTs. The vulnerability affected listings created through the payment processor contract on Ethereum. Magic Eden said the affected listings were tied to the older contract version.

TREE NEWS update: Attackers exploited legacy NFT and token approvals on Magic Eden, prompting white hats to secure 23,155 NFTs worth more than $5.7 million. Holders still need to revoke the vulnerable contracts’ NFT and token approvals to protect remaining assets.

TREE NEWS reports: Bitcoin’s rally slowed as $15.6 billion in options expired, with charts raising the question of whether the move is a pullback or a reversal. XRP and Solana kept climbing even as BTC’s momentum cooled.

TREE NEWS update: Tether said its exposure to EQIBank amounts to less than 0.034% of group assets, after a federal court order listed $79.1 million seized. The stablecoin issuer put the figure in percentage terms rather than dollars, and the disclosure followed the court filing naming the seized sum. Tether did not specify which assets or entities the exposure runs through.

TREE NEWS reports: Crypto futures liquidations across exchanges totaled $285 million in the past 24 hours, with $139 million from long positions and $146 million from shorts, CoinGlass data shows. Bitcoin liquidations accounted for $71.87 million and Ether $60.28 million. The single largest liquidation was a $2.25 million ETHUSDT order on Binance.