Flash News

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%.

TREE NEWS reports: The seven largest crypto assets excluding stablecoins now account for 92.1% of the market capitalization of the top 100 tokens. Concentration has returned to 2021 levels, with Bitcoin alone at 66.6%. Market growth is increasingly dependent on a handful of large-cap assets, leaving altcoins with a smaller share of capital allocation.

TREE NEWS reports: The seven largest cryptocurrencies excluding stablecoins now account for 92.1% of the market capitalization of the top 100 crypto assets, returning concentration to 2021 levels. Bitcoin alone represents 66.6% of that total. The report said market growth is increasingly reliant on a handful of large-cap assets, with altcoins receiving relatively less capital allocation.

TREE NEWS update: Cross-chain protocol Symbiosis said on September 11 that its Bitcoin-related swap function is temporarily unavailable while the team deploys an update, adding that other swaps and protocol operations remain live. Web3 security firm Blockaid had flagged an attack on Symbiosis on BNB Smart Chain, where an attacker used a signed BridgeV2 receive operation to mint roughly 2^62 raw units of syBTC to a new address. The same beneficiary then sold about 4.39 WBTC on Ethereum’s Uniswap V4, cashing out roughly $336,000.

TREE NEWS update: Cross-chain protocol Symbiosis said on September 11 that bitcoin-related swap functions are temporarily unavailable while its team deploys an update, with other swaps and protocol operations still running. Web3 security firm Blockaid flagged an attack on Symbiosis on BNB Smart Chain, where an attacker used a signed BridgeV2 receive operation to mint roughly 2^62 raw units of syBTC to a new address; the same beneficiary then sold about 4.39 WBTC on Ethereum’s Uniswap V4, cashing out roughly $336,000.

TREE NEWS reports: Cross-chain protocol Symbiosis is under an ongoing attack on BNB Smart Chain, with the attacker using a signed BridgeV2 receive operation to mint roughly 2^62 raw units of syBTC to a new address, a nominal value of about $46.1 billion at 8 decimals. The same beneficiary address then sold about 4.39 WBTC on Uniswap V4 on Ethereum, realizing roughly $336,000 in WBTC proceeds.

TREE NEWS update: Cross-chain protocol Symbiosis is under active attack on BNB Smart Chain, with the attacker using a signed BridgeV2 receive operation to mint roughly 2^62 raw units of syBTC — a nominal value of about $46.1 billion at 8 decimals — to a new address. The same beneficiary address then sold about 4.39 WBTC on Uniswap V4 on Ethereum, realizing roughly $336,000 in WBTC proceeds.

TREE NEWS reports: A whale address starting with 7GP6Bz spent 11,487 SOL, worth about $1.14 million, to buy 4.97 million STONK tokens roughly four hours ago, on-chain tracker Lookonchain said on September 11. The purchase came as the STONK price rose.

TREE NEWS reports: A whale address starting with 7GP6Bz spent 11,487 SOL, worth about $1.14 million, to buy 4.97 million STONK tokens roughly four hours ago, as the token’s price climbed. The purchase was flagged by on-chain tracker Lookonchain on Sept. 11.

TREE NEWS update: Mastercard launched Mastercard Wallet Pay, a global digital wallet solution supporting contactless NFC, QR code and online payments, aimed at improving interoperability across wallets, platforms and payment methods. The company said digital wallet users worldwide now exceed 4.3 billion and are expected to top 6 billion by 2030. Wallet Pay covers more than 200 countries and territories, 150 currencies, with first participants including AlipayHK, GCash, KakaoPay, TNG eWallet and TrueMoney.

TREE NEWS update: Huobi HTX listed CIFR/USDT, APD/USDT and ASX/USDT perpetual contracts on September 11, offering 1x to 20x leverage for both longs and shorts. The exchange is also running a new-contract trading competition from September 11 until 15:00 (UTC+8) on September 15, with a total prize pool of 1 billion $HTX for users who register and meet specified trading thresholds.

TREE NEWS update: Huobi HTX listed CIFR/USDT, APD/USDT and ASX/USDT perpetual contracts on September 11, offering 1x to 20x leverage for both longs and shorts. The exchange also launched a new-listing futures trading competition running through September 15 at 15:00 (UTC+8), with a prize pool of 1 billion $HTX tokens for users who register and meet designated trading thresholds.

TREE NEWS update: At the Bund Summit on September 11, Alipay announced it will launch an AI wallet agent. The company also unveiled three “AI collection” capabilities — VibePay, SkillPay and MachinePay — alongside new scenarios including AI subscription renewals, AI-assisted flash purchases and AI-assisted bookings. No launch date or pricing details were given.

TREE NEWS update: The Standard Reserve, an on-chain reserve protocol, said it will launch on September 14, with two security audits finding no critical vulnerabilities and audit reports to be published before launch. The protocol, which mints tokens from ETH capital flows using an OHM-style reserve-currency mechanism and calls itself a “sovereign on-chain central bank,” has a hard cap of 1 billion $STANDARD tokens and will open only 1,000 “Founding Charters” slots.

TREE NEWS reports: A whale address 0xc021a withdrew 1.1 million USDT from Binance and used the funds to buy 9.53 million NiuLai tokens at an average price of $0.1155, on-chain tracker Lookonchain reported on September 11. The purchase was made four hours before the observation.

TREE NEWS reports: TRON processed $2.08 trillion in stablecoin settlements in the second quarter, up 6.12% quarter-on-quarter, with stablecoin supply reaching $89 billion. On-chain transactions totaled 1.1 billion, up 12%, while total value locked rose 8.27% to $28.15 billion. Third-quarter settlement volume has reached $1.63 trillion so far.

TREE NEWS update: Trezor said a phishing email reached 347,000 subscribers after an attacker exploited a login flaw at email marketing platform Brevo. The hardware wallet maker told Cointelegraph it is treating every affected address as “known to the attacker and possibly reusable for phishing.” Trezor has not said whether any funds were lost.

TREE NEWS update: Sam Bankman-Fried has petitioned the U.S. Supreme Court to overturn his fraud conviction and $11 billion forfeiture, arguing he was unfairly barred from presenting evidence that FTX held more than enough assets to cover losses from its collapse. The filing asks the justices to review the conviction that followed the exchange’s 2022 failure.

TREE NEWS reports: On-chain trader loracle has lost more than $40 million trading HYPE, including over $46 million from a short position that peaked at $103 million notional and was fully closed on June 2 after HYPE hit a $75 all-time high. loracle, an early Hyperliquid contributor who once staked 4.948 million HYPE worth $385 million, now holds about 336,000 HYPE worth roughly $26.2 million and sits on total contract losses of about $25 million, while running 3x short positions in PONS and CASHCAT.

TREE NEWS reports: US spot ether ETFs recorded a combined net outflow of $29.76 million on Sept. 10. BlackRock’s Staked ETH ETF ETHB drew the largest single-day inflow at $13.95 million, bringing its cumulative net inflow to $812 million. Grayscale’s Ether Mini Trust ETF ETH followed with $7.75 million, taking its historical total to $1.911 billion.