Flash News

TREE NEWS update: MoneyGram has launched its first stablecoin-backed Visa card, built with payment platform Rain and initially available in Colombia. The card marks the money-transfer firm’s entry into stablecoin-linked payment products, with Colombia as the first market.

TREE NEWS update: Latitude has raised $35 million in a round led by Oak HC/FT, with NEA, Coinbase Ventures, Lightspeed Faction and OpenFX participating, bringing total funding to $43 million. The company builds local stablecoin off-ramps and holds 39 money transmission licences, one state registration and five no-action letters covering what its site lists as 45 U.S. markets.

TREE NEWS update: Tether and Fasanara have seeded a new private credit fund with $400 million from the two sponsors, targeting up to $3 billion from outside institutions. Fasanara will manage the investments, while Tether originates USDT-linked deals and handles settlement. Tether’s USDT supply currently stands at $183.4 billion.

TREE NEWS update: Nasdaq Ventures has agreed to invest $100 million in Payward, the parent company of crypto exchange Kraken, at a $21 billion valuation. Under the deal, Payward will adopt Nasdaq’s surveillance technology across its trading venues. The investment marks Nasdaq’s entry into crypto exchange ownership.

TREE NEWS update: Guoxing Aerospace held a send-off ceremony on September 1 at its Taizhou computing satellite innovation base for the first eight satellites of the second batch of its ‘Xingsuan’ space computing constellation. All eight satellites were independently developed by the company and will be launched on a soon-to-be-determined date. Once in orbit, they will network with the first batch of satellites already operating in space.

TREE NEWS update: Coinbase and Moov will provide stablecoin infrastructure to more than 1,000 US community banks and credit unions, the two companies said. The partnership will give those institutions stablecoin acceptance, settlement and real-time funding capabilities.

TREE NEWS reports: Coinbase CEO Brian Armstrong said bitcoin reaching $400,000 by 2030 remains a “reasonable target,” arguing the bottom of the current crypto downturn is in as the market passes the one-year mark. Armstrong noted the next bitcoin halving is roughly 18 months away. He did not give a specific price forecast for the current cycle beyond the 2030 figure.

TREE NEWS reports: Researchers have halved the quantum resource benchmark required for a key operation in an attack on Bitcoin and Ethereum, with the resulting figure less than half of Google’s previously reported level. The two approaches use different accounting methods, so the benchmarks are not directly comparable. The work lowers the estimated quantum resources needed for the cryptographic operation central to such an attack.

TREE NEWS reports: Solana notched a new all-time high for daily token issuance, with 263,000 tokens created in a single day. Memecoin launchpad Pump.fun accounted for most of the new tokens among launchpads, driving the network’s record daily issuance.

TREE NEWS update: WeRide, Uber and Moove Cars’ AVOMO said on September 10 they obtained Spain’s first L4 autonomous passenger-vehicle operating licence, granted by the DGT under the ES-AV framework, allowing deployment on Madrid public roads. Robotaxi service via the Uber app is expected to launch within 2026 once preparations and regulatory requirements are met. The first phase will deploy dozens of GXR vehicles with safety operators across high-demand Madrid areas — the GXR’s first national-level permit in the EU.

TREE NEWS reports: Galaxy Digital’s head of firmwide research, Alex Thorn, said Liquid’s approved-address restriction did not apply to the attackers who took roughly 4,000 BTC. The bitcoin sidechain limits withdrawals to addresses tied to registered authorization keys, a control its own documentation says exists to prevent funds being redirected to an attacker. The coins still reached an attacker’s address.

TREE NEWS reports: A meme coin plunged on its trading debut, leading a broad crypto decline that also dragged down recent altcoin leaders and many onchain tokens. The debut-day drop came on a broadly negative day for digital assets, with previously strong altcoins and onchain names among the biggest losers. No specific price levels or figures were disclosed.

TREE NEWS update: Jon Cunliffe, former deputy governor of the Bank of England, has joined the supervisory board of Fnality Europe alongside fellow ex-central bankers Jochen Metzger and Ron Berndsen. The appointments come as the company works to expand beyond its sterling payment system.

TREE NEWS update: Nasdaq has invested $100 million in Payward, the parent company of crypto exchange Kraken, at a $21 billion valuation. The deal values Payward well above the $13.3 billion implied by Deutsche Börse’s stake in April, five months earlier.

TREE NEWS reports: Coinbase CEO Brian Armstrong said bitcoin has bottomed for the current cycle and expects the cryptocurrency to trend higher over the next two years. Armstrong’s comments point to a recovery in prices after the recent downturn.

TREE NEWS update: Nasdaq has invested in Payward, the parent company of crypto exchange Kraken, at a valuation of $21 billion. The deal marks a major US exchange operator taking a stake in one of the largest crypto trading venues. Terms and the size of the investment were not disclosed.

TREE NEWS update: Treasury Secretary Scott Bessent called for passage of the CLARITY Act after the Senate returns, warning that failing to do so would send a “troubling signal” about America’s leadership in the digital asset industry. The crypto market-structure bill has yet to clear the chamber.