Flash News

TREE NEWS reports: Solana ranked sixth among public blockchains by 30-day revenue, or fifth excluding Canton, with income roughly one-tenth that of Robinhood Chain. The remaining top-10 revenue chains are Robinhood Chain, Base, Ethereum, Solana, Polygon, BSC, Hyperliquid L1 and Arbitrum. The analysis argues Solana must build its own path in asset issuance, partnerships and competition as it trails BSC, Base and Robinhood Chain.

TREE NEWS reports: Bitcoin has climbed 23% over the past 21 trading days, outpacing a flat S&P 500 and Nasdaq 100, but stopped 1.5% short of the $83,000-$86,000 band that Glassnode identifies as a ceiling from three sources: long-term holder cost basis, the futures liquidation heatmap and the US spot ETF breakeven. Roughly 1.07 million BTC was bought between $83,000 and $86,000, mostly by long-term holders. Sell-side risk has fallen to 7 basis points a day, under half August’s peak.

TREE NEWS update: Sam Bankman-Fried has petitioned the US Supreme Court to overturn his FTX fraud conviction, arguing his lawyers were barred from telling jurors that customers lost no money. The filing also challenges the $11 billion forfeiture order, which the defense calls a “crushing fine.”

TREE NEWS reports: Trader @pointfarmcap has made over $10 million in profit on STONK and now holds 35.7 million tokens worth $10.55 million, making the account the largest holder of the token, on-chain tracker Lookonchain said. The position’s value was put at $10.55 million at the time of the observation.

TREE NEWS update: Solana-based perp DEX BULK launched its mainnet in invite-only mode on September 5, ending its pre-deposit campaign and converting users’ deposited USDC into trading margin. The project is now in a Genesis phase running through October 5 with zero maker fees and AURA points. BULK had raised an $8 million seed round led by 6th Man Ventures and Robot Ventures.

TREE NEWS update: Blockstream has rejected a ransom demand after hackers gained control of nearly 600 BTC tied to its Liquid network, the company said. The firm said it will work with law enforcement, exchanges and forensic specialists to recover the Bitcoin if the attackers do not return it.

TREE NEWS update: Trade.xyz formally launched its prediction market product, named Events, on the Hyperliquid mainnet, covering sports, politics, economics and financial markets. The project charges Hyperliquid spot rates — 0.07% taker and 0.04% maker, falling to 0.025% and 0% at the top volume tier, with up to 40% off for staking HYPE. On a $100 taker trade at 50% odds, Polymarket’s fee could run 14 to 25 times higher, though its maker rebates and probability-linked pricing reverse that edge near-certain outcomes.

TREE NEWS update: MetaMask announced on September 11 that it now supports connecting to TRON decentralized applications, opening a further multi-chain entry point. The first DApp Spotlight selection covers AI, DeFi and file storage: AI agent infrastructure B.AI, liquidity platform SUN.io, lending platform JustLend DAO and peer-to-peer file-sharing protocol BitTorrent. Users can access these dApps directly through MetaMask.

TREE NEWS update: Bybit has listed three new TradFi perpetual contracts tracking Hong Kong-listed equities: SenseTime, Meitu and Horizon Robotics. The contracts — SENSETIMEUSDT, MEITUUSDT and HORIZONUSDT — are settled in USDT, offer up to 25x leverage and trade 24/7, the exchange said.

TREE NEWS update: US Senate Republicans on September 10 released a 630-page revised CLARITY Act that would replace the House-passed H.R.3633, adding CFTC registration paths for non-decentralized DeFi protocols and tightening rules for prediction markets and credit unions. The Senate votes September 15 at 2:15pm ET on a cloture motion requiring 60 votes to begin consideration. The new text still lacks Democratic support.

TREE NEWS update: BIT (formerly Matrixport) published version 2.0 of its Trust Whitepaper, outlining a layered security model in which identity, permissions, operations and asset custody are separated. The disclosure follows a September breach on the Bitcoin sidechain Liquid Network in which an attacker exploited a validation flaw in Elements software to move roughly 4,000 BTC, worth about $320 million at the time, even though PAK and Federation keys were not compromised.

TREE NEWS reports: Global digital financial services platform BIT (formerly Matrixport) has released the “BIT Trust Whitepaper” V2.0, disclosing its security system that establishes multiple layers of isolation between identity, permissions, operations, and assets: critical operations require the joint participation of at least two authorized personnel, the majority of digital assets are stored in cold wallets, and the security team holds veto power over major risks. Earlier in early September, the Bitcoin sidechain Liquid Network suffered an attack in which the attacker exploited a verification vulnerability in the Elements software to transfer out approximately 4,000 BTC, worth about $320 million at the price at the time of the incident, while the related PAK and Federation keys were not compromised.

TREE NEWS update: Bitget Wallet has joined the Blockchain Collaborative Consortium (BCCC), Japan’s largest blockchain industry association, becoming the first global consumer-facing self-custody wallet to do so. The membership comes as Japan prepares to implement new rules for crypto asset intermediation services in June 2026. Bitget Wallet said it will take part in policy discussions on the role of self-custody wallets under the compliance framework and promote on-chain everyday finance among Japanese users. BCCC, founded in 2016, has over 270 member companies.

TREE NEWS update: Bitwise is closing its Dogecoin ETF less than a year after launch, with the fund holding about $688,000 in net assets as of Sept. 9. Trading in BWOW is expected to end Oct. 14, and cash payouts to shareholders will follow around Oct. 22.

TREE NEWS update: Sam Bankman-Fried has asked the US Supreme Court to overturn his conviction and his $11 billion forfeiture, his lawyers challenging the exclusion of evidence about customer losses and arguing the forfeiture was excessive. The filing is the latest step in the former FTX CEO’s appeals effort.

TREE NEWS update: Tencent said rumors that WeChat’s Lingqiantong balance service can no longer be used for payments are false, stating the feature remains unaffected. The company said Lingqiantong continues to operate in compliance and users can use it as normal, after market speculation circulated in recent days that the payment function had been restricted.

TREE NEWS reports: Solana’s network recorded more than 263,000 new SPL tokens issued in a single day, an all-time high, up sharply from the 40,000 to 50,000 daily average during the December 2024 memecoin cycle peak. Of the 40,400 tokens launched through launchpads that day, Pump.fun accounted for 34,200, roughly 85%.