Flash News

TREE NEWS update: Onchain prediction market Trueo has migrated to Ethereum, drawing praise from co-founder Vitalik Buterin, who called it a strong contender that is decentralized, ethical and ‘not corposlop.’ The move puts Trueo on Ethereum’s main network as a competing venue to established prediction markets.

TREE NEWS reports: A single whale converted another 200.71 BTC, worth $17.2 million, into 6,247 ETH on September 22, bringing its six-day total to 1,308 BTC ($104 million) swapped for 40,670 ETH. All of the acquired ETH has been staked.

TREE NEWS update: Australia’s Treasury named AI among five major transitions expected to reshape the economy over the next 40 years, but the outlook makes no mention of crypto. Coinbase said the report overlooks the digital financial infrastructure AI agents could eventually require.

TREE NEWS reports: Ethereum spot ETFs recorded $270 million in total net inflows on September 21 (US Eastern Time), with BlackRock’s ETHA leading at $110 million for the day. ETHA’s cumulative net inflows now stand at $13.067 billion. Fidelity’s FETH followed with $72.958 million in daily net inflows, bringing its all-time total to $2.32 billion.

TREE NEWS reports: US spot bitcoin ETFs recorded $999 million in net inflows on Sept. 21 (US Eastern time), a third consecutive day of gains, SoSoValue data show. BlackRock’s IBIT led with $381 million, lifting its all-time net inflows to $64.506 billion. Ark Invest and 21Shares’ ARKB followed at $289 million, bringing its cumulative net inflows to $1.37 billion.

TREE NEWS update: The official x402 toolkit now includes Cardano tooling, letting applications and AI agents make payments in ADA and other tokens on the network. The payment middleware component has so far been tested only in a pre-production environment and is not yet running on mainnet. Coinbase created x402 in 2025 and later contributed it to a Linux Foundation-backed organization whose members include Visa, Mastercard, Stripe, Google and AWS. Solana, XRP Ledger and several Ethereum-compatible networks already support the standard.

TREE NEWS reports: The crypto market rose across the board on September 22, with the AI sector up 9.66% in 24 hours. Bittensor (TAO) gained 18.97%, Akedo (AKE) rose 13.63% and Fetch.ai (FET) climbed 14.01%. Bitcoin (BTC) advanced 5.31%, breaking above $87,000 intraday, while Ethereum (ETH) added 2.63% to top $2,700. MAG7.ssi rose 4.54% and MEME.ssi gained 11.08%.

TREE NEWS update: Balancer’s community has floated a ‘Fork and Rebirth’ proposal under which MAXYZ would lead an official fork to continue the protocol, with liquidity, team, partners, users and intellectual property migrating regardless of whether a separate shutdown proposal passes. Pools and the treasury would run until the end of Q2 2027. Around 6 million uncirculated BAL would serve as pre-fork funding, and Balancer’s treasury would receive 10% of a post-fork token’s fully diluted valuation if a TGE occurs. The proposal remains under discussion before a Snapshot vote.

TREE NEWS update: Prediction market Trueo has moved from Base to Ethereum mainnet, saying greater integration potential now outweighs the higher gas costs that led it to Base at launch. The project had originally chosen Base because Ethereum gas fees were higher at the time.

TREE NEWS update: Decentralized prediction market Trueo announced on September 22 that it will deploy to Ethereum mainnet, having launched natively on Base in March 2025. Hours later, Ethereum co-founder Vitalik Buterin said he welcomed a strong new prediction market competitor on L1, sending the TRUE token from about $0.02 to $0.214 within five hours, a gain of more than 10x. TRUE was trading near $0.11 with an FDV of about $11 million.

TREE NEWS update: Bankr founder deployer said the project will direct 30% of Bankr token issuance revenue toward BNKR staking. The staking smart contract is expected to go live this weekend, with rewards to begin distribution shortly after. Staking is not yet live.

TREE NEWS reports: Arthur Hayes argues that if the three leading US AI labs slow frontier-model training under a “safety-first” banner, the over $1 trillion in investment-grade debt and hundreds of billions in lower-rated loans underpinning their compute demand would reprice lower. He writes that the ultimate bagholders are US life and annuity policyholders via private-credit-linked captive reinsurance, leaving Washington to either buy compute outright or print to bail out insurers — both of which he says lift bitcoin.

TREE NEWS update: Kakao Pay and KakaoBank are exploring digital asset opportunities with Fireblocks, including infrastructure for stablecoins. The two South Korean financial units will work with the digital asset custody and infrastructure provider on the effort. No timeline, investment figure or scope of the stablecoin work was disclosed.

TREE NEWS update: Animoca Brands has suspended its merger with Currenc, a deal that would have taken the Web3 gaming and investment firm public. Chairman Yat Siu said “corporate agility must take precedence” over pursuing the transaction. No further terms or timeline were disclosed.

TREE NEWS reports: The US Attorney’s Office for the Southern District of New York is leading an investigation into whether Binance knowingly allowed trading that violated US sanctions on Iran. The probe comes months after reports first revealed a Justice Department investigation into the exchange’s Iran-related compliance. No charges have been announced.

TREE NEWS update: Crypto super PAC Fairshake is targeting Senator Sherrod Brown in Ohio with $30 million in spending. The move comes days after the Senate blocked the crypto industry’s Clarity Act. The Ohio campaign marks a direct electoral push against a sitting senator following the failed legislation.

TREE NEWS reports: Robinhood CEO Vlad Tenev said crypto-related prediction contracts are taking a growing share of the platform’s prediction market and that sports contracts could shrink to a minority within a few years. Robinhood’s event-contract revenue rose more than 10x year over year to $156 million in Q2 2026, while contract trades hit 4.7 billion in August, about 15x the year-earlier level. Robinhood runs its prediction market on Kalshi and offers services through Rothera, a joint venture with Susquehanna, and has taken stakes in Crypto.com and its prediction market subsidiary OG.com.

TREE NEWS update: Spaces has launched Trust Anchor, enabling apps to verify human-readable identities directly on Bitcoin without relying on centralized servers. Users can obtain a single Trust ID and scan or paste it into Spaces-compatible apps to verify identifiers such as alice@bitcoin against locally validated Spaces protocol state. The Trust ID is generated from the Bitcoin block header chain and Spaces’ cumulative state, with the Veritas app on macOS able to produce it without running a full Bitcoin node.

TREE NEWS reports: Robinhood CEO Vlad Tenev said crypto event contracts are already outpacing sports bets on the platform and could become its dominant prediction-market category within a few years. Tenev framed crypto as positioned to beat sports at prediction markets’ own game, pointing to current trading volumes as evidence of the shift.