Flash News

TREE NEWS update: Blockchain intelligence firm TRM Labs has doubled its valuation to $2 billion in a Series C expansion. The company said its annual recurring revenue has quadrupled over the past three years, driven by growth in its AI-powered investigations business.

TREE NEWS update: The US Secret Service froze $52.8 million in cryptocurrency linked to a Telegram-based marketplace implicated in global scams. The Treasury Department sanctioned the marketplace, while Xinbi, which allegedly processed $24 billion through the bazaar, called the freeze unfair. The action marks a significant enforcement step against illicit crypto activity.

TREE NEWS update: Apple Inc. has launched the iPhone 18 Pro and iPhone 18 Pro Max, marking its latest flagship smartphone release. The announcement was made on an unspecified date, with no further details on pricing or availability provided in the initial disclosure.

TREE NEWS update: ARK Invest founder Cathie Wood said on Sept. 10 that blockchain technology has developed for over a decade and more networks will launch. She shared an analysis by Lorenzo providing a framework to understand how different chains achieve scale, profitability, and user acquisition, helping grasp the competitive landscape.

TREE NEWS reports: Bitcoin reached $79,701.36 overnight but round-tripped the move by midday in New York, leaving it flat over 24 hours. Ninety-three of the 123 largest non-stablecoin tokens are lower. Zcash holds a 56.3% weekly gain after DCG exchanged 85,705 ZEC for about $100 million of Grayscale’s ETF.

TREE NEWS update: Tema is launching a prediction market-themed ETF, allocating 15% of assets to private holdings in Kalshi and Polymarket, with a 75 basis point management fee. Bloomberg ETF analyst Eric Balchunas noted the product is a thematic ETF, not an actual event contract ETF, which the SEC is still considering.

TREE NEWS update: A U.S. bank has piloted its proprietary stablecoin, USBDC, in a cross-border transaction on the public Stellar blockchain, moving funds between its North American and European entities. The test marks a step toward using blockchain for efficient international payments.

TREE NEWS reports: Trader Bonk Guy, previously bearish on Solana, has turned bullish, citing a top-down cultural shift. He notes Solana’s renewed embrace of ‘trench’ culture and proactive community engagement, with management reaching out to align with the ecosystem. Solana’s core members now publicly recognize projects like $STONK and $USELESS.

TREE NEWS update: Bonk Guy, a trader who was previously bearish on Solana, has turned bullish, citing a top-down cultural shift. He notes that Solana has embraced ‘trench’ culture again, actively engages with the community, and that the management is working to align with the ecosystem. Core Solana members are now publicly recognizing projects like $STONK and $USELESS.

TREE NEWS update: Sui announced on X that agents can now hold independent wallets on the network, self-fund with tokens, and run liquidity positions to earn fees. Agents get scope-limited permissions over the wallet, with gas fees abstracted by the system. WaaPxyz operates on CetusProtocol.

TREE NEWS reports: Bitcoin failed to reclaim the $80,000 level on Tuesday, trending lower alongside US stocks amid escalating tensions with Iran. Treasury Secretary Scott Bessent’s comments fueled fears of a yen carry-trade unwind, with the yen strengthening to around 153 per dollar. The risk-off sentiment pressured cryptocurrencies and equities.

TREE NEWS reports: Bitcoin failed to reclaim the $80,000 level on Tuesday, falling alongside US stocks as tensions with Iran escalated. Comments by US Treasury Secretary Bessent fueled concerns over a unwind of yen carry trades, with the yen strengthening to around 153 per dollar. Risk-off sentiment weighed on both cryptocurrencies and equities.

TREE NEWS update: The Arbitrum committee overseeing grant-misuse bounties has recommended permanent bans for Good Entry, Limitless, and APX Finance from all future DAO programs. None of the recipients have responded to the forum thread, and three Snapshot votes could open as early as Sept. 10. The move follows the bounty program’s findings of grant misuse.

TREE NEWS update: Hyperliquid Policy Center has accused CME Group of stifling innovation and urged a court to dismiss CME’s lawsuit against the CFTC over perpetual futures. The policy arm of the Hyperliquid ecosystem argues that CME’s legal action threatens the growth of crypto derivatives. A court decision is pending.

TREE NEWS update: Mexican prosecutors allege suspects killed Camilo Séptimo keyboardist Jonathan Meléndez and his family while searching for a cold wallet believed to hold millions in Bitcoin. The attack targeted the musician over the cryptocurrency cache. The case highlights the dangers of crypto wealth in regions with high violence.

TREE NEWS update: Coinbase, Stanford professor Dan Boneh, and Localhost Research held a closed-door ‘Post-Quantum Bitcoin Workshop’ at Stanford on September 10. Attendees, including Bitcoin developers, cryptographers, and hardware wallet experts, discussed quantum computing risks and post-quantum signature schemes for Bitcoin, referencing Ethereum’s roadmap and institutional custody needs. The group also addressed hardware wallet limitations and protections for assets that may not migrate in time.

TREE NEWS reports: The BSC-based meme coin Hajimi’s market capitalization has dropped below $40 million, currently at $37.32 million, a 24-hour decline of 12.69%. Data from GMGN shows the token’s value has halved. Investors are cautioned about the high volatility of meme coins.

TREE NEWS reports: On-chain data platform Bubblemaps reported that ~80% of LAPTOP token traders are in loss, with at least two losing $100K-$1M, 100 losing over $10K, and about 700 losing over $1K. Roughly 11,000 traders faced smaller losses. Bubblemaps mocked the performance with ‘Thank you Hunter Biden.’