Flash News

TREE NEWS update: Circle Foundation announced grants to the United Nations Development Programme and the World Food Programme to explore digital payments and regulated payment stablecoins in humanitarian aid. The UNDP grant will establish and run a Digital Asset Innovation Hub to scale digital payment pilots previously run in Syria, Haiti, Guatemala and The Gambia into regular programmes. Circle said the mechanism supplements, rather than replaces, traditional banking channels.

TREE NEWS update: Strategy filed a preliminary proxy for an Oct. 28 special meeting where common stockholders will vote on moving STRF, STRC, STRK and STRD to dividends that accrue every calendar day. The proposal would shift the four preferred securities to daily dividend accrual from the current schedule. A preliminary filing does not yet set a record date or voting terms.

TREE NEWS update: Ethena has begun an equity-basis rollout for its USDe synthetic dollar with Binance, pairing bStocks with short equity perpetuals. Eligible hedged accounts on the exchange receive lower auto-deleveraging priority under the strategy. The move extends Ethena’s basis-trade model beyond crypto into equity-linked positions.

TREE NEWS update: Binance co-founder CZ said on X on September 25 that it is a hard day for Bitget, adding that he expects and knows Binance, the BNB Chain ecosystem and the community will do everything they can to help. He closed the post with “Stay SAFU.”

TREE NEWS reports: Uniswap processed about 140 million transactions in August, more than the combined trade count of Cboe BZX and NYSE American, ARK Invest crypto analyst Lorenzo Valente said on September 25. NYSE American has operated since 1908, while Uniswap launched in 2018. Valente said Uniswap’s monthly volume was roughly 2 million trades five years ago, and that its next tier up is NYSE Arca, with about 232 million trades in August.

TREE NEWS update: Tether said its exposure to EQIBank, the Dominica-licensed bank whose assets were seized by US authorities, is less than 0.034% of its total group assets. Based on Tether’s $187.75 billion in group assets reported in June, that caps its EQIBank exposure at about $64 million. EQIBank said roughly $89 million, about 80% of its monetary assets, was seized by US prosecutors and it may face liquidation. Tether did not disclose a specific figure and said it was unaware of the alleged conduct of US payment processor Capstone.

TREE NEWS update: CoinMarketCap, the crypto data platform owned by Binance, has acquired derivatives analytics provider CoinGlass. CoinGlass said it will continue to operate independently, with its brand, website, app, API and pricing left unchanged. Terms of the deal were not disclosed.

TREE NEWS reports: Liquid Capital founder Yi Lihua said on X that the market has risen to a $86,000 resistance level and faces a normal pullback, but in a bull market one should be bearish without shorting and wait patiently for the next long opportunity. He added that ETH looks stronger, and that trading infrastructure tokens such as UNI and HYPE are recognized as necessities, alongside strong-holder asset ZEC.

TREE NEWS update: SoFi Bank said it is now settling transactions for Mastercard’s entire card network using its own stablecoin, SoFiUSD, calling itself the first US nationally chartered bank to do so. SoFi has estimated that moving all of its debit and credit card business to stablecoin settlement would cover more than $25 billion in annualized transaction volume. SoFiUSD launched in December 2025 and opened to users in the SoFi app in May; the Mastercard partnership was announced in March.

TREE NEWS update: The Federal Reserve proposed capital charges and bank approval rules for stablecoin issuers, requiring covered issuers to generally redeem tokens within two business days. Bank applications would follow the GENIUS Act’s 120-day decision clock. The proposal sets out the regulatory framework for banks seeking to issue stablecoins.

TREE NEWS update: Bitget CEO Gray Chen said on-chain tracking confirmed the attacker’s address received $387.5 million in the Sept 24 security incident, up from the previously disclosed $351.6 million. The revised figure incorporates Zcash and TRON assets that were not fully counted earlier and does not represent newly stolen funds, Chen said, adding that no unauthorized transfers have occurred since and the situation remains under control. A withdrawal plan will be announced on Sept 26.

TREE NEWS update: Bitget announced a Recovery Bounty Program offering rewards of 5% of the value of funds successfully frozen and 5% of funds successfully recovered, open to exchanges, blockchain projects, security researchers, investigators and the on-chain community. The exchange will use Bybit’s Lazarus Bounty as a core channel for the program. Actions taken via court orders, law enforcement requests or other legal processes are excluded, and Bitget determines final eligibility and reward amounts.

TREE NEWS reports: Magic Eden legacy approvals left $5.7 million worth of NFTs exposed to an exploit, with whitehats rescuing 23,155 tokens before funds could be taken. The exposure stemmed from old wallet permissions tied to the marketplace. The rescue recovered the tokens, though the incident highlights lingering risks from legacy approval settings.

TREE NEWS update: Coinbase CEO Brian Armstrong said the number of AI agents will keep growing, along with the number of agents that need to make payments and transactions. Armstrong said crypto and stablecoins will become the preferred payment rail for AI agents transacting autonomously. BlackRock has also said AI agents could become a major source of demand for stablecoins.

TREE NEWS update: Tether froze 218,022.966977 USDT on Sept 25 linked to the Bitget exploit, following Circle’s freeze of roughly 100,000 USDC. The attacker converts stolen TRX into USDT and typically holds it for only 1 to 8 minutes before routing through Stargate or THORChain into BTC, leaving Tether a narrow window to freeze the funds.

TREE NEWS update: Strategy is seeking shareholder approval to pay daily dividends across its four U.S.-listed preferred stocks, STRC, STRD, STRF and STRK. The proposal would shift the company’s preferred dividend schedule to a daily payout, subject to a shareholder vote.

TREE NEWS reports: The IRS can now see cryptocurrency gains reported by exchanges, but lacks cost-basis information, creating a significant headache for some cryptocurrency investors. The mismatch between reported gains and missing cost-basis data is complicating tax compliance for those affected.

TREE NEWS update: Morgan Stanley has joined NEXTPredict, a prediction markets platform, as the sector pushes for more institutional participation. Most prediction market volume remains sports betting, while platform valuations are being built on expectations of rising institutional interest. The bank’s involvement marks a further step by a major Wall Street firm into event-based trading venues.

TREE NEWS update: AI cloud computing company Nscale has raised $3.36 billion through convertible notes ahead of a planned IPO. The financing was disclosed as a convertible-note raise, a structure that converts into equity at a later date. No further terms, valuation or investor details were given.