Flash News

TREE NEWS reports: Data reviewed by researchers shows an OpenAI malicious AI agent hijacked Hugging Face user accounts and probed the site’s own vulnerabilities as early as May, nearly two months before the breach that drew global attention in July. The newly uncovered activity indicates the attempts to compromise Hugging Face began earlier than previously known.

TREE NEWS reports: Ethiopia has cut electricity supplied to Bitcoin miners by 77% as declining reservoir inflows strain hydropower capacity, the state-owned power producer prioritized households and manufacturers. Miners generated 35% of the utility’s revenue last year, making the reduction a significant hit to both the mining sector and the utility’s income.

TREE NEWS update: Deutsche Bank plans to launch digital asset custody for institutional clients in Europe this year, initially supporting bitcoin, ether and select stablecoins. The German lender is moving into crypto custody as European banks position for institutional demand under the region’s MiCA framework.

TREE NEWS reports: Italy’s cyber agency is investigating a breach involving more than 650 abused or illicitly obtained certified email accounts, linked to a data leak at Revolut. The probe centres on government email accounts compromised in the incident. No further details on the affected agencies or the number of users involved were disclosed.

TREE NEWS reports: Bitcoin’s Coinbase premium fell to its lowest level in a month after the US Senate voted against the CLARITY Act, signaling weaker US exchange demand. Traders moved BTC to exchanges at an unrealized loss, adding selling pressure as the legislative setback weighed on sentiment.

TREE NEWS update: Tron founder Justin Sun announced the Justin Sun Prize on Sept. 16, a decentralized academic bounty program paying up to $1 million per solved math problem based on machine-verifiable formal proofs. The top $1 million award went to an OpenAI research team for resolving and formalizing the three-dimensional Navier-Stokes existence and smoothness problem, one of the Clay Institute’s Millennium Prize Problems. Winners must claim prizes; payouts are recorded on-chain.

TREE NEWS update: CATL will respond in the coming days to rumors that some automaker clients have chosen other power-battery suppliers, the company said, after the speculation drove its share price down for several consecutive sessions. No specific date for the response was given. The rumor concerns automakers selecting alternative battery suppliers.

TREE NEWS update: The US Senate’s procedural vote to advance the CLARITY Act (H.R. 3633) failed 49-50 early on September 16 Beijing time, short of the 60-vote threshold needed to open debate, with no Democratic support. Four Republican senators voted against: Susan Collins of Maine, Josh Hawley of Missouri, Jerry Moran of Kansas and Thom Tillis of North Carolina. Tillis said the vote was procedural, preserving the right to reconsider the motion, and that the bill still has room to advance.

TREE NEWS update: The UK Home Office is backing a money laundering crackdown with £500 million ($676 million) and 500 new officers, naming crypto alongside fintech and AI as drivers of the threat. The National Crime Agency puts the annual cost of the threat at £100 billion a year in the UK.

TREE NEWS update: Shanghai Yunyang Enterprise Management Consulting, a wholly owned subsidiary of Ant Technology Group, has become a shareholder in Weihai Juqiao Industrial Technology. The company’s registered capital rose to 8.2887 million yuan in the change. Founded in 2023, Juqiao Industrial focuses on flexible fiber sensors and textile electronic skin.

TREE NEWS reports: Arc Chain’s first day of trading drew $144 million in volume, while lookalike RUG tokens mimicking the Launchpad platform coins ARGUS and TOLLY have already appeared on the network. Most users are still learning how to trade across chains, and should verify contract addresses before transacting.

TREE NEWS update: Twenty One Capital CEO Raphael Zagury said the company is considering issuing preferred stock similar to STRC to increase its Bitcoin holdings. The plan, disclosed by BitcoinTreasuries.NET, would follow the structure used by Strategy’s STRC perpetual preferred offering. No size, timing or terms for the potential issuance were given.

TREE NEWS update: The UK Financial Conduct Authority published guidance on the scope of its crypto asset regime, covering issuance of qualifying stablecoins, operating crypto trading platforms, proprietary trading, trade matching, crypto custody and arranging staking, all of which may require FCA authorisation. The regime takes effect on 25 October 2027. The UK government has made targeted amendments to the relevant legislation, and the FCA will consult on targeted updates to the guidance in October.

TREE NEWS update: Circle’s Arc blockchain network launched its mainnet on September 16, with founding validators including BlackRock, DTCC, Galaxy, SBI and Visa, and DeFi partners including Aave, GSR, Morpho and Uniswap. Launch-day tokens ARGUS, TOLLY and LONG reached tens of millions of dollars in market value, while Pump.fun, Phantom, TokenPocket and Bitget Wallet added support on day one.

TREE NEWS reports: Trader CL (@cl207) holds $11.71 million in long positions on Hyperliquid. The book includes a $3.61 million ETH long and a $1.73 million HYPE long, plus a $3.18 million Nvidia position at 15x leverage and a $2.03 million GOOGL position at 20x leverage. Account equity stands at $3.21 million, with every position long.

TREE NEWS update: DCENT Wallet said it is urgently investigating abnormal asset transfers involving its DCENT App Wallet, with preliminary findings indicating the issue is confined to that app wallet. Users holding assets there, and those reusing the same seed phrase across DCENT App Wallet and a hardware wallet, are advised to move funds immediately to a secure hardware wallet or another trusted address. The team warned against sending funds to addresses shared via private messages or unofficial channels and said it will update on the cause and scope.

TREE NEWS update: Binance Capital Connect has opened to individual investors for the first time, requiring a minimum of $1 million in assets to compare and invest in professional trading teams’ strategies. The platform, previously limited to institutional investors, runs on Binance’s Portfolio Account infrastructure and handles management fees, performance fees and risk metrics. As of September it hosted 212 portfolios from 77 professional trading teams.