Flash News

TREE NEWS update: Singapore-based stablecoin payments firm dtcpay has completed a $25 million Series A round backed by Japan’s SBI Group. The company said it will use the proceeds to expand its merchant network and payment products.

TREE NEWS reports: A wallet linked to 7zarc received 4,870 ETH, worth about $15 million, from addresses tied to the roughly $70 million Raidparty exit scam. The ETH was subsequently moved to deposit addresses at several centralized exchanges. ZachXBT said 7zarc disappeared from public view in 2022 and resurfaced in September 2026, and has asked him to explain the fund flows.

TREE NEWS update: The US Treasury’s Office of Foreign Assets Control sanctioned crypto exchange BitBank, which OFAC says funneled hundreds of millions of dollars in Bitcoin to Iran’s Revolutionary Guards over two months. The exchange processed payments tied to tolls levied on ships transiting the Strait of Hormuz. The designation targets the platform’s role in moving funds for the IRGC.

TREE NEWS update: XRP treasury company Evernorth has closed a $30 million convertible note financing, with NH Investment & Securities among the participants. Proceeds will be used to buy spot XRP ahead of the company’s Nasdaq listing, and the financing is contingent on Evernorth completing its merger with a SPAC. Following the merger, the company plans to list on Nasdaq under the ticker “XRPN”.

TREE NEWS update: Binance declined to address reports of European Central Bank intervention in its Greek MiCA licensing bid, saying it remains committed to securing authorization in Europe. The exchange brushed off speculation tied to ECB President Christine Lagarde and reaffirmed its push for regulatory approval across the bloc. Binance did not confirm or deny any ECB involvement in the Greek application.

TREE NEWS reports: Onchain analyst James Check says Bitcoin may have already bottomed near $58,000, citing two capitulation events. He warned against anchoring expectations to an October low, suggesting the cycle bottom may be in. Check’s assessment is based on onchain data rather than price action alone.

TREE NEWS update: Binance will support the merger of Stargate Finance’s STG token into LayerZero’s ZRO at a ratio of 1 STG to 0.08634 ZRO, automatically converting user holdings. STG/USDT spot trading and open orders will be delisted on October 6, 2026 at 11:00, with STG deposits and withdrawals suspended at 11:30 the same day. STGUSDT and STGUSD perpetual contracts will auto-settle and delist on September 24, 2026 at 17:00.

TREE NEWS reports: Chinese chipmaker ChangXin Memory Technologies (CXMT) is preparing to enter the NAND flash market, building a NAND R&D production line at a new Beijing plant and setting up a Beijing research institute that includes NAND development, sources said. CXMT has discussed its NAND plans with customers, including a newly founded startup that intends to buy CXMT NAND chips for AI and supercomputer storage products. Timing for the line’s operation and any move to mass commercial manufacturing remain unclear.

TREE NEWS reports: 21Shares bought $2.4 million of HYPE on September 17, its first inflow into the token in 20 days, while Bitwise bought $1.9 million of HYPE the same day. HYPE has risen 11% over the past 24 hours to $86.67, not far from its all-time high of $89.60.

TREE NEWS reports: Helius co-founder Mert Mumtaz said in a post on X that privacy is usually seen as Zcash’s end goal, but its more important role is helping build a better monetary asset. Because internet-native money carries historical transaction data by default, coins may not be fully fungible; privacy provides the safe-haven properties and fungibility a store-of-value asset needs. He said Zcash extends the benefits of traditional bank secrecy globally, and that privacy remains the foundation even for users without privacy needs, alongside quantum resistance and performance upgrades.

TREE NEWS update: Binance Futures will list USDⓈ-margined perpetual contracts on seven US-listed equities, including AMCUSDT (AMC Entertainment), HUTUSDT (Hut 8), PATHUSDT (UiPath), CYPHUSDT (Cypherpunk Technologies), ANETUSDT (Arista Networks), APLDUSDT (Applied Digital) and AGPUUSDT (Axe Compute). All contracts are USDT-denominated and offer up to 20x leverage, the exchange said on September 18.

TREE NEWS update: Hyperliquid has launched a manual lending feature allowing users to borrow USDC and USDT against HYPE or BTC collateral, with loan-to-value ratios of 65% for HYPE and 50% for BTC and liquidation thresholds of 82.5% and 75% respectively. Posted HYPE and BTC earn no interest, while deposited USDC and USDT earn interest but do not count toward borrowing capacity. Rates float with utilization and accrue hourly, with account and global caps; $269 million was borrowed on the day.

TREE NEWS reports: Starknet co-founder Eli Ben-Sasson said Zcash’s (ZEC) recent rally is partly driven by market concerns that Bitcoin has become “too ossified” at the protocol level. Ben-Sasson, who said he “deeply loves Bitcoin,” called those concerns real and added that some Bitcoin holders have told him they have shifted part of their positions into ZEC.

TREE NEWS reports: A bitcoin whale deposited 1,651.82 BTC, worth about $126.69 million, into Kraken. The coins were withdrawn from Kraken in April, moved through two new wallets, and have now returned to the exchange. The wallets involved are now empty, and the whale booked a profit of roughly $15.21 million on the position.

TREE NEWS reports: Stablecoins pegged to the US dollar on Robinhood Chain have surpassed $1 billion in combined market capitalization. USDG accounts for about 67% of the total, making it the largest stablecoin on the chain, while Ethena-issued USDe holds close to 30%.

TREE NEWS reports: A large UNI holder sold 600,000 UNI tokens through multiple swaps for about 5.1 million USDT. The same address also deposited 100,000 UNI, worth roughly $844,000, to the crypto exchange OKX, suggesting it may continue selling. The transactions were flagged on September 18.

TREE NEWS update: Arc unveiled Arc Studio, an AI-driven development tool that turns natural-language prompts into full-stack on-chain applications, contracts or agents in minutes, complete with frontend, backend logic and smart contracts, plus code review, testing and export. The tool natively understands the Arc and Circle stack, including CCTP, Circle Contracts, Gateway and Wallets, integrates protocols such as Aave, Morpho and Uniswap, and is tested across nine chains: Arbitrum, Arc, Avalanche, Base, Ethereum, Monad, OP Mainnet, Polygon and Unichain.

TREE NEWS update: Zcash development organizations and engineering teams have agreed on the content and timeline for the NU7 network upgrade, with mainnet tentatively scheduled for Nov 5. Code is to be finalized by Sept 30, activated on the official testnet on Oct 6, and a final mainnet activation decision made on Oct 20 based on test results. NU7 includes cutting block intervals to 25 seconds (ZIP-218), disabling v4 transactions, and integrating a new issuance mechanism.