Flash News

TREE NEWS reports: Bitcoin dropped below $82,000 as crypto liquidations reached $771 million over the past 24 hours, with $685.6 million of that total in long positions. The slide marks a sharp selloff in the derivatives market, where leveraged bullish bets bore the brunt of the forced closures.

TREE NEWS reports: Xash’s Kevin Huynh is pitching stablecoin issuers on gold rewards as an alternative to passive yield, saying the company currently funds the gold with its own venture money. No stablecoin issuer has signed a contract yet, Huynh said.

TREE NEWS reports: ScopeLift CEO Ben DiFrancesco said the “regulatory excuse” for governance tokens that return no value is going away, arguing protocols that can earn fees ought to have a credible plan for sending value to their tokens. Speaking on Uneasy Money, he said governance tokens exist to provide economic security.

TREE NEWS update: Aptos has rolled out an optional Encrypted Mempool feature that conceals transaction details until their order is finalized, blocking bots from exploiting pending trades for frontrunning and sandwich attacks. The mechanism hides transaction contents from validators and searchers before sequencing, removing the information advantage that enables predatory MEV strategies on the network.

TREE NEWS reports: Bitcoin fell below $82,000 on the evening of October 12, triggering $488.61 million in total leveraged liquidations across crypto exchanges in 24 hours, Coinglass data shows, hitting 118,142 traders. Long positions accounted for $406.48 million, or 83.2% of the total, while shorts made up $82.14 million. Ethereum saw the largest liquidations at $115.19 million, followed by Bitcoin at $106.61 million; Binance accounted for 52.3% of the total, with the single largest liquidation a $9.65 million BTC long at $81,772.

TREE NEWS update: Yuga Labs blockchain vice president Quit urged users to immediately revoke their NFT approvals to Blur smart contracts, ahead of Blur’s front-end shutdown on November 12. Quit said an investigation found no exploitable vulnerability in Blur’s current contracts, but noted they are upgradeable and could be maliciously modified later. At least $10 million worth of NFTs remain approved to Blur contracts, leaving security dependent on the team’s operational practices; Quit recommended revoking via tools such as revoke.cash.

TREE NEWS update: BLUR dropped more than 27% in 24 hours to $0.01384. Blur said in a post on X that the blur.io frontend will be deprecated on November 12, 2026, adding that the deprecation covers only the frontend, the Blur marketplace protocol will continue running on-chain, and BLUR will retain control of its fee switch.

TREE NEWS update: Blur will shut down its NFT marketplace frontend next month while the underlying protocol remains onchain, the platform said. The BLUR token fell more than 20% following the announcement. The move comes as NFT trading volumes continue to decline across the market.

TREE NEWS update: Blur said its blur.io frontend will be deprecated on Nov 12, 2026, while the Blur marketplace protocol continues to run on-chain and BLUR retains control of its fee switch. NFT lending protocol Blend will stop matching new loans the same day, with borrowers required to repay or let loans default; Blur will provide frontend tools to withdraw assets from Blend. BLUR traded at $0.0194, down 7.75% in 24 hours.

TREE NEWS update: Standard Chartered’s Dubai branch now provides custody for Ripple’s RLUSD stablecoin and plans a link with LMAX that will let institutions post the stablecoin as trading collateral while the coins remain in custody. The arrangement lets clients trade with RLUSD without moving it. The bank did not disclose a launch date for the LMAX integration or the size of assets involved.

TREE NEWS reports: The Canton Network recorded more than $155 million in fees in the third quarter. The network burns Canton Coin to pay for services, and its recorded daily fee pace ran below the 30-day snapshot Converge reported in June.

TREE NEWS update: ENS Labs has posted an executable proposal to the Ethereum Name Service DAO asking it to switch on ENSv2 and temporarily freeze new .eth registrations on v1. Under the plan, .eth sign-ups would pause for what Labs expects to be a few hours before reopening on ENSv2, while existing names keep working with no action required from holders.

TREE NEWS reports: NEXTPredict paid $12,000 to hedge its conference on a prediction market, shifting its focus to flight cancellations rather than scrapped shows and what happens inside the venue. The company used event insurance via prediction market to cover the risk.

TREE NEWS reports: An integer overflow in the XRP Ledger’s payment engine, dormant since 2015, could have allowed an attacker to mint spendable XRP beyond the token’s total supply. The flaw affected the ledger’s core payment processing code. No exploit of the bug has been disclosed.

TREE NEWS reports: THORChain’s seven-day fee total has climbed back above its pre-surge week, but remains 84% below the September peak. Fees had plunged 91% during Oct. 2–8. The rebound leaves the protocol’s revenue well short of its prior high.

TREE NEWS reports: Crypto futures liquidations across exchanges totaled $348 million in the past 24 hours, with $195 million in long positions and $152 million in shorts, CoinGlass data shows. Bitcoin liquidations reached $83.56 million and Ethereum $76.46 million. The single largest liquidation was a $4.89 million HYPERLIQUID-BTC-USD order.

TREE NEWS update: USDGO, the OSL-branded stablecoin issued by Anchorage Digital Bank, has added trading liquidity on Solana through Jupiter Lend and Fluid. The stablecoin has about $1.29 billion in circulation. Lending markets for USDGO are planned next.

TREE NEWS reports: The attacker behind the Ledger supply-chain theft moved nearly 3,000 ETH through Tornado Cash in three transactions and into Zcash’s privacy pool, converting the funds to USDC. Investigators tracked 108 Zcash transactions via exact-value matching, with about $2.85M in stolen USDC still in three wallets. Tether has frozen $10M in stolen USDT, while attacker-linked wallets still hold $38.6M in ETH and $16.9M in BTC.

TREE NEWS update: ValueChain, the Layer-1 developed by the SoSoValue community, has integrated Morpho to bring on-chain lending yield to its core app SoDEX. SoDEX users can deposit USDC into a Morpho vault curated by Unified Labs, with yield sourced from lending demand in the vault’s markets, all inside the SoDEX interface. The product is live on SoDEX Wealth via a ValueChain–Base bridge.