Flash News

TREE NEWS reports: Crypto exchanges liquidated $225 million across the market in the past hour, with $219 million of that from long positions and $6.62 million from shorts, Coinglass data shows. Ether accounted for $59.87 million of the liquidations and Bitcoin $57.49 million, reflecting a sharp downside move that wiped out leveraged longs.

TREE NEWS update: Hack VC co-founder Alexander Pack said the team is shocked and saddened by the death of Hsin-Ju and extended condolences to family, friends and those close to them. Pack said Hack VC has had no direct contact with Hsin-Ju for more than 10 months and does not know the circumstances of the death, adding that there is no further information and asking that those grieving be respected.

TREE NEWS reports: Brazil ranked first in Chainalysis’s redesigned crypto adoption index, as Latin America posted $593.8 billion in regional activity, up 9.8%, while the global crypto economy contracted 1.6% over the same period. The region bucked the worldwide slump, with the index reworked to capture activity beyond simple transaction volumes.

TREE NEWS update: Samsung will begin deploying a 5G Standalone (SA) network from October 2026, the company said. The rollout marks a move to SA architecture, which runs on 5G core infrastructure without relying on existing LTE networks. No further details on markets or scale were provided.

TREE NEWS reports: Cross-border stablecoin transfers rose 78% even as the broader crypto market contracted 37%, with Chainalysis attributing the growth to trade, remittances and savings use. The data provider’s findings show stablecoin payment rails expanding while overall crypto activity declines.

TREE NEWS reports: Global crypto activity fell just 1.6% to $9.4 trillion over 12 months even as the market cap contracted by $2.1 trillion, Chainalysis says. The data indicates on-chain usage held up far better than asset prices during the downturn.

TREE NEWS reports: A Visa study found that U.S. consumer intent to adopt stablecoins rises to 56% when the tokens are paired with hypothetical bank-level consumer protections, up from a baseline of 36%. The findings indicate that regulatory and safety guarantees, rather than product features alone, are the main driver of mainstream stablecoin uptake in the U.S.

TREE NEWS reports: Bitcoin climbed above $86,000 as oil prices slid and ETF inflows picked up, extending a run in crypto majors. Altcoin leaders also set new all-time highs during the move. The gains came as spot bitcoin ETFs continued to attract bids.

TREE NEWS reports: EU supervisory authorities warned that quantum computing could weaken blockchain security, as Bitcoin developers weigh a draft migration plan and Ethereum targets 2029 for quantum resistance. The warning flags a long-term threat to the cryptography securing public networks.

TREE NEWS update: A seven-agency advisory links the WaterPlum hacking crew and Pyongyang’s remote IT worker scheme to the same North Korean bureau, which drained about $11 million from roughly 7,000 crypto wallets through fake job interviews. The joint notice attributes the campaign to state-directed operators posing as recruiters to lure crypto employees into malware-laced hiring processes.

TREE NEWS update: Galaxy has added $100 million in Sky’s sUSDS savings token to its treasury and approved the token as collateral for institutional loans. Galaxy also bought SKY tokens, deepening lending ties between the two firms. The move expands institutional use of Sky’s savings product as collateral in crypto lending markets.

TREE NEWS update: Chengdu unveiled its first Token public service platform, the “Tianfu Token Smart Factory,” at a launch event in the city, built with China Telecom on a fully domestic IT stack. Positioned as the core vehicle for the city’s computing-power scheduling and token hub operations, it integrates computing, models and applications into one on-demand token service platform, shifting computing supply from cabinet leasing toward tokenized, on-demand delivery.

TREE NEWS update: Qianyi Aerospace (Beijing) Technology Co. said it has filed a police report, which authorities have accepted, over what it called false online claims about overtime, financing and team stability. The company said the individuals behind the posts also threatened its official accounts via private messages and spread out-of-context information to media accounts, alleging extortion. It said operations are normal and financing and trial production are proceeding.

TREE NEWS reports: Apple’s job posting for a head of Apple Pay financial product strategy lists familiarity with stablecoins, tokenized deposits and blockchain as a preferred qualification, alongside the role’s focus on Apple Card and Apple Cash. The posting does not specify any application, technology or timeline, so it is not evidence that stablecoins will be integrated into Apple’s payment services. Third parties already connect crypto to Apple Wallet and Apple Pay via payment cards and on-ramps.

TREE NEWS update: The CFTC issued a staff advisory warning that prediction market contracts tied to whether a person or entity is ‘mentioned’ invite manipulation, and set out what exchanges must demonstrate to list them. The guidance comes three weeks after the agency fined a teleprompter operator who traded on speeches he had already read.