Flash News

TREE NEWS reports: Arthur Hayes holds an unrealized profit of $3.28 million on 25.33 million ENA tokens he bought about a month ago at an average price of $0.09. The position cost roughly $5.53 million and is now up about 146%. Hayes has said he expects ENA to reach $0.5.

TREE NEWS reports: ZachXBT alleged that zkSNARKs was a money-raising scheme involving an eight-figure sum. In the same roundup, QIANJUE Robotics completed a strategic financing round of several hundred million yuan, and Michael Saylor said the best protection for digital assets is mass adoption rather than accepting CLARITY’s compromise restrictions.

TREE NEWS update: Prediction market Kalshi has filed a rule-change request with the US SEC and an application with the CFTC to launch perpetual contracts tied to US individual stocks. The proposed contracts would carry no set expiry date and settle through periodic funding rates between long and short positions to keep prices aligned with the underlying shares. Kalshi said the contracts would be treated as security futures and cleared through its CFTC-registered clearinghouse, Kalshi Klear.

TREE NEWS update: Cross-chain asset protocol Universal announced it will wind down operations, with normal service maintained for 60 days until Nov. 17, after user adoption over the past two years fell short of what was needed to sustain the protocol long term. Existing infrastructure and the underlying asset backing for uAssets are unaffected. During the wind-down, users can sell uAssets through the Universal app or redeem them directly for underlying assets via the mint and redeem interface, with large redemptions handled by contacting the team.

TREE NEWS reports: A wallet suspected of being AKE’s active market maker withdrew 216 million AKE, worth $13.83 million, from Binance Alpha four hours after the token spiked 115%, on-chain analyst Yu Jin monitored. The wallet group now holds at least 12.4 billion AKE on-chain, valued at $803 million, or more than 54% of circulating supply. AKE and B2, which rose yesterday, appear to be run by the same active market maker.

TREE NEWS update: Taiyuan Chengming Technology Co. has sent a formal letter to Beijing Zhipu Huazhang Technology Co. over its ZCode client allegedly uploading company data and trade secrets without authorization, reserving the right to pursue legal action. Chengming said its own forensics found the uploads were automatically triggered and occurred in bulk, including complete source code, system architecture, version-control history, database passwords, cloud credentials and employee personal information — far beyond the scope stated in Zhipu’s privacy policy, despite Zhipu’s public apology and claim that the issue was fixed.

TREE NEWS update: MultiversX has paused its mainnet after confirming an attacker tried to exploit an atomicity issue at the virtual machine layer, causing invalid state changes on-chain. The engineering team has a fix ready and is validating it in a shadow fork; if successful, it will coordinate validators, exchanges and infrastructure partners to deploy it to mainnet. Users are told to take no action and to avoid submitting or rebroadcasting transactions, or depositing and withdrawing EGLD and ESDT via exchanges or bridges.

TREE NEWS update: A joint advisory from the FBI, Japan’s National Police Agency and other agencies says North Korea-linked group WaterPlum, also known as Contagious Interview, used fake job offers at AI, crypto and NFT companies to infect more than 30,000 devices across over 100 countries between December 2025 and July 2026. The attackers contacted job seekers on social media and recruiting platforms, luring them into downloading malicious files via technical interviews or coding tests, and stole data from more than 7,000 crypto wallets. At least $10.71 million flowed into wallets controlled by the attackers.

TREE NEWS update: Developer @DesobedienteTec has released a working proof-of-concept version of Sparrow Wallet running on a $40 handheld gaming console, following an earlier port of SeedSigner to the same device. The handheld has two microSD card slots, a camera, a virtual keyboard, and emulators for Nintendo, SEGA, N64, PSP and PS1 games.

TREE NEWS update: ZEC1 has gone live for spot trading, with its first trade costing 500 HYPE, worth $46,500. The launch marks the token’s entry into spot markets, with the opening transaction drawing attention for its size.

TREE NEWS reports: A Bitcoin wallet created on Nov. 2, 2011, moved 100 BTC at block height 967732, worth more than $8 million at current prices. The coins were bought at $3.24 each, a cost of about $324 — an unrealized gain of roughly 2,469,000%. Separately, four wallets created between February and March 2013 each moved 25 BTC, sending 100 BTC total to a BitGo custody wallet.

TREE NEWS reports: Wallet iseewhy.eth (0x8434…6577) completed 632 trades on Hyperliquid over the past 30 days, generating $136 million in volume, an 82.86% win rate and $281,000 in profit, on-chain tracker Onchain Lens shows. The address is currently short ZEC, USELESS and PONS, with all three positions in profit.

TREE NEWS reports: Bitcoin fell below 81,000 USDT, trading at 80,990.7 USDT with a 24-hour decline of 0.26%. The move marks a fresh intraday drop for the largest cryptocurrency, which has held above the 81,000 level for much of the session.

TREE NEWS update: REX Shares has launched the ASSX fund, offering 2x daily exposure to shares of Bitcoin treasury company Strive. The leveraged ETF gives traders a way to amplify daily bets on the Bitcoin treasury firm’s stock. The fund is tied to Strive, a company that holds Bitcoin on its balance sheet.

TREE NEWS update: Revolut, with licensed issuer Bridge, has launched the EURR euro stablecoin, initially available to select customers in three countries. Bridge’s EURR balance stands at 374, while Circle’s EURC balance is 394.5 million euros.

TREE NEWS update: Kalshi has filed a proposal to offer perpetual futures tied to individual US stocks, bringing the derivative product to US traders. Coinbase and Bitnomial are pursuing similar products, setting up parallel efforts to list stock-linked perpetual futures domestically.

TREE NEWS reports: A whale withdrew 2.25 million PONS from Binance and sold the tokens for about $1.29 million in USDG and ETH. PONS fell 12% on the day. The data was provided by Nansen.

TREE NEWS reports: Bitcoin ETFs closed the week positive after $433 million in net inflows on Friday, with Fidelity’s FBTC contributing $310.7 million and helping offset earlier withdrawals. Ether funds, by contrast, snapped a four-week inflow streak.

TREE NEWS update: JPYC, Japan’s first licensed yen stablecoin, listed on South Korean exchange Upbit on September 17, opening at a reference price of 8.81 KRW per JPYC before spiking to 35.7 KRW and touching roughly 37 KRW, above 3 yen. The token minted 1.687 billion yen that day, with circulating supply rising from about 1.9 billion yen to more than 4.2 billion yen within roughly 48 hours. Price then returned toward its 1:1 yen peg as new supply entered the market.

TREE NEWS update: The Clarity Act failed to advance in the Senate, leaving crypto regulation in the hands of the SEC and CFTC. The bill’s defeat shifts the industry’s focus to a new wave of agency action. No further details were provided on the timing or scope of that expected action.