Flash News

TREE NEWS update: CoinMarketCap has acquired crypto derivatives data provider CoinGlass for an undisclosed sum. CoinGlass will keep its brand and team, and its website, app, free tools, API and pricing will remain unchanged after the deal. The acquisition adds derivatives market coverage to CoinMarketCap’s data offering.

TREE NEWS reports: SlowMist has not confirmed any crypto theft tied to an iPhone Safari attack. The analyzed Safari sample targets iOS 18.4–18.6.2 by exploiting previously patched flaws, while its effectiveness on iOS 26.5 remains unverified.

TREE NEWS update: Zhaochi Co. said during an institutional investor survey that its optical modules rated 200G and below have entered mass production, while expansion of high-speed 400G/800G modules is accelerating. The company said the ramp-up schedule for the new capacity is in line with expectations. No production figures or timelines were disclosed.

TREE NEWS update: Defense Secretary Pete Hegseth holds bitcoin in a Coinbase wallet, which value the holding at between $16,000 and $65,000. The same filing lists more than $1 million in cash.

TREE NEWS reports: Expected volatility on BlackRock’s iShares Bitcoin Trust (IBIT) options is sitting near the bottom of its 12-month range. 23. The calmer pricing follows a rebound in Bitcoin.

TREE NEWS update: Evercrest, the developer behind KelpDAO, has sued LayerZero over a $292 million bridge exploit. Evercrest says LayerZero approved the single-verifier configuration in writing multiple times, then warned a different developer about it. The suit centers on LayerZero’s role in the configuration that preceded the loss.

TREE NEWS update: French listed company Sequans Communications has sold its remaining 314 bitcoin and exited its bitcoin treasury strategy, using the proceeds to fully repay its convertible debt. The company disclosed the move, closing out a position it had built as part of a corporate bitcoin reserve program.

TREE NEWS update: The Federal Reserve proposed reserve and capital requirements for stablecoin issuers it supervises, along with an application process for banks seeking to issue stablecoins, under the GENIUS Act. Governor Michael Barr questioned an anti-money laundering standard in the proposal. The plan also presumes certain yield-bearing stablecoin arrangements are prohibited.

TREE NEWS update: New York State has sued Polymarket, seeking to bar Polymarket US from operating in the state until it obtains a gaming license and to recover triple its gains. Polymarket moved the case to federal court and filed its own lawsuit in response.

TREE NEWS update: Researchers have published a specification for Shielded Bitcoin, a Zcash-style design that conceals the sender, receiver and amount of BTC transfers. The paper leaves how bitcoin enters and exits the shielded system to a later paper. No implementation, launch date or deployment details were given.

TREE NEWS update: Yuga Labs’ 0xQuit said 3,832 NFTs have been placed in whitehat protective custody following a scare at Magic Eden, and that the assets are safe and will be returned once the risk passes. Holders were urged to revoke NFT permissions in the meantime.

TREE NEWS update: Two US federal appeals courts have issued conflicting rulings on whether states may regulate Kalshi’s sports event contracts, and New Jersey has asked the US Supreme Court to review the matter. The dispute centers on whether the contracts are federally regulated financial swaps or subject to state gambling laws. Sports account for roughly 70% of Kalshi’s daily trading volume; if states win regulatory authority, Kalshi could face state taxes of 10% to 51% of gambling revenue plus other restrictions.

TREE NEWS reports: Crypto analyst Ali said on X that XRP whales have accumulated more than 470 million tokens over the past five days, worth about $724 million. He also noted a sustained inverse head-and-shoulders pattern forming on XRP’s daily chart, suggesting a bullish breakout may be approaching.

TREE NEWS reports: Grayscale’s Zcash ETF (ZCSH) reached $1 billion in net assets as of Sept. 24, with cumulative net inflows of $306.12 million, under 30% of the total. The fund began trading on NYSE Arca on Aug. 25 and topped $500 million within two weeks. Grayscale will execute a 3-for-1 forward split before the open on Sept. 30 for holders of record at the Sept. 28 close.

TREE NEWS update: An attacker exploited a Payment Processor V2 vulnerability at 9am ET, stealing 10 Meebits, 50 Otherdeeds, 10 WoW and 235 Desperate Apewives. After LimitBreak paused the also-affected V3, a whitehat operation moved 23,155 NFTs worth over $5.7 million to safety. The flaw could also be reversed to steal roughly 660 WETH, which was not recovered.

TREE NEWS update: KelpDAO has sued LayerZero and its CEO Bryan Pellegrino over the April 18 rsETH exploit that drained $292 million, alleging the bridge setup used in the attack was endorsed in writing. The suit targets LayerZero’s role in the configuration that KelpDAO says it relied on.

TREE NEWS update: KelpDAO has filed a lawsuit against LayerZero and its CEO Bryan Pellegrino over a $292 million rsETH bridge exploit, saying LayerZero endorsed its bridge setup before the attack. Pellegrino has dismissed the lawsuit as meritless.

TREE NEWS update: Attackers exploited Limit Break’s Payment Processor V2 contract to impersonate NFT holders and transfer previously approved NFTs at zero price, with roughly three transactions draining about $1.7 million worth of NFTs so far. Users who granted the contract approval to operate their NFTs should revoke it immediately.

TREE NEWS update: Yuga Labs blockchain vice president Quit warned users to revoke approvals for the Ethereum Payment Processor V2 and ApeChain Payment Processor V3 contracts using tools such as revoke.cash. Assets moved without permission and now held at an address starting with 0x71cf are safe, though affected users must still revoke the approvals, Quit said. The warning follows a suspected security flaw at NFT marketplace Magic Eden, where white-hat hackers moved 3,832 NFTs worth about $1.5 million from hundreds of wallets.

TREE NEWS reports: US spot Bitcoin ETFs drew $191 million in net inflows on Thursday, a third straight day of slowing daily flows. The six-day inflow streak now totals $2.8 billion, lifting year-to-date net flows to $787 million.