Flash News

TREE NEWS reports: The US cryptocurrency and crypto-linked index closed down 6.62% at 68.81 points, trading lower throughout the session. Over the past 24 hours, spot bitcoin fell 4.05% to $75,880 and spot ether dropped 6.26% to $2,405.645, with the decline accelerating after a US Senate procedural vote on a crypto legislative draft failed.

TREE NEWS update: Solana has introduced a new v1 transaction format that lifts the maximum size of a single transaction from 1,232 bytes to 4,096 bytes. The change allows operations that previously had to be split across multiple transactions — including zero-knowledge proofs and large multisigs — to fit into one. The upgrade is aimed at making room for heavier cryptographic workloads on the network.

TREE NEWS reports: The teams behind Ethereum’s EIP-8141 and Base’s EIP-8130 have ended efforts to converge on a single account-abstraction standard, leaving wallet developers to potentially support two transaction formats across the two networks. The rival proposals both aimed to build account abstraction into the base layer, and talks to merge them have broken down.

TREE NEWS reports: Bitcoin rebounded above 76,000 USDT and last traded at 76,002 USDT, narrowing its 24-hour decline to 4.06%. The move marks a partial recovery after the token’s recent slide.

TREE NEWS update: Self-custodial wallet Tonkeeper has rebranded to Keeper and is expanding beyond the Telegram-linked TON blockchain to Bitcoin, Ethereum and four other networks. The wallet serves more than 77 million users on TON. The company did not disclose which additional four chains are being added.

TREE NEWS update: An attacker drained about $7.8 million in rsETH from an Ethereum Safe wallet by exploiting an over-permissioned module. A bot named Yoink then front-ran the payout in the same block, taking the funds before the hacker could move them. The incident highlights the risks of excessive permissions on Safe smart accounts.

TREE NEWS update: The U.S. Senate rejected a motion to proceed to H.R. 3633, the CLARITY Act, on a 49-50 cloture vote, falling 11 short of the 60 needed. All 49 votes to proceed came from Republicans, with Collins, Hawley, Moran and Tillis voting no. Tillis voted no to preserve the right to move to reconsider, which he did one minute after the result was announced.

TREE NEWS update: OranjeBTC (OBTC3) has listed DIGY11 on Brazil’s B3 exchange, billed as the world’s first bitcoin-backed digital credit ETF. The fund targets an annualized yield of about 18%, distributed monthly.NET.

TREE NEWS update: The DOJ alleges that Robinhood engineers Hefu Chai and Huaisong Xiang bought perpetual futures on Hyperliquid shortly before Robinhood announced the same tokens would list on its platform. Prosecutors say each engineer cleared more than $50,000 from the trades. The case centers on front-running the exchange’s own crypto listing announcements.

TREE NEWS update: The Digital Asset Market Clarity Act failed a Senate cloture vote on Tuesday, falling short of the 60 votes needed to advance. Democrats withheld support over ethics rules targeting President Trump’s digital-asset holdings. The procedural defeat leaves the crypto market-structure bill stalled in the chamber.

TREE NEWS update: The US Clarity Act failed a vote, but Senator John Kennedy said he was “not surprised” and does not believe the crypto market-structure bill is dead, adding work will have to wait until the lame-duck session. Senator Ted Cruz blamed Democrats for the failure, saying they were “playing politics” and pushing crypto jobs overseas, while noting a difference between the bill being “dead” and “mostly dead.”

TREE NEWS update: Sui said on X that more than $1.5 trillion in bitcoin sits idle because using it typically means handing it to someone else. Its Hashi protocol will keep BTC on the Bitcoin network while opening financial services on Sui, with the Hashi mainnet set to launch soon. No launch date was given.

TREE NEWS update: Several Democratic senators who spent months negotiating the Clarity Act voted against the bill, including Gillibrand, Warner, Booker, Warnock, Gallego and Cortez Masto. Attention now turns to the vote of Sen. Alsobrooks.

TREE NEWS update: A preliminary vote to advance the Clarity Act in the U.S. Senate fell short, stalling the crypto market-structure bill’s path toward becoming law. The vote failed amid opposition tied to President Trump’s crypto wealth and related ethics concerns. No new vote date was given.

TREE NEWS reports: 0x said 54.2% of the 84,163 Uniswap v4 hooks it analyzed were malicious, calling the hooks design a mistake. Uniswap founder Hayden Adams and Paradigm’s Dan Robinson pushed back, saying the failure lies in 0x’s routing rather than in v4 hooks.

TREE NEWS update: The US Senate failed to pass the Clarity Act in a procedural cloture vote, blocking the bill from moving forward. The vote fell short of the threshold needed to end debate on the crypto market structure legislation. No date or vote tally was given.

TREE NEWS update: The US Senate failed to advance the CLARITY Act after a motion to end debate fell short of the required 60 votes. The roll-call vote, still in progress, currently stands at 47-47. The procedural motion needed 60 votes to move the crypto market structure bill forward.

TREE NEWS reports: Bitcoin dropped below 75,000 USDT, trading at 74,989.1 USDT, a 24-hour decline of 5.37%. The move marks a fresh leg lower for the largest cryptocurrency, which has given up the 75,000 level on the session.