Flash News

TREE NEWS update: JD Cloud announced plans to build a 100,000-GPU full-featured computing cluster using Moore Threads GPUs, unveiled at the 2026 JD Global Technology Explorer Conference in Beijing on September 9. The cluster will focus on large-model training, inference, and embodied intelligence, offering open computing power to the industry. This marks the first time domestic GPUs enter a top-tier AI cloud provider’s core cluster at this scale, signaling a shift from usable to large-scale commercial deployment.

TREE NEWS update: Hunter Biden detailed the LAPTOP memecoin’s airdrop and tokenomic rules ahead of its launch. About 30% of the supply is tied to 30 public real-world events, where tokens are either burned or donated depending on the outcomes. The specifics of the airdrop distribution were also outlined.

TREE NEWS reports: Blockchain security firm Bitrace disclosed that Southeast Asian fraud parks use USDT as the core payment and laundering tool, with over 3.4 billion USDT flowing into crypto guarantee platforms in H1 2026. The report details industrial-scale crimes including human trafficking, data theft, and fake DAPP scams, urging public vigilance.

TREE NEWS reports: StoneX initiated coverage on Robinhood with a Buy rating and 45% upside, citing the upcoming Robinhood Chain and prediction markets as growth drivers. The broker sees these initiatives accelerating user engagement and revenue diversification beyond traditional trading.

TREE NEWS reports: Morpho, Jupiter, and Kamino are entering fixed-rate, fixed-term lending, collectively holding $6.83B in active loans. Morpho launched Midnight in July, Jupiter’s Offerbook entered public test in June, and Kamino released a whitepaper for fixed-rate reserves within Kamino Lend. These products aim to address fee uncertainty in DeFi lending.

TREE NEWS update: SpaceX shares rose 3.65% to $153.35, pushing its market cap back above $2 trillion to $2.02 trillion, the highest since July 7.COM. Separately, the LAPTOP token airdrop opens at 8 PM Beijing time tonight, with 20% of supply allocated to the community, including 2% for TRUMP meme coin losers and 8% for Hunter Biden Substack subscribers.

TREE NEWS reports: PONS reached an all-time high valuation of over $970 million on Friday, with the token up over 200% in the last week. This surge has propelled Robinhood Chain’s daily fees to a record $6 million, as DEX volume on the platform doubles.

TREE NEWS update: Block, Inc., the payments firm founded by Jack Dorsey, has applied for a national bank charter from the Office of the Comptroller of the Currency (OCC). The move follows a trend of fintech and crypto companies seeking federal bank status. If approved, Block would become a federally regulated bank, subject to OCC oversight.

TREE NEWS update: Plattsburgh, New York, one of the first US towns to ban Bitcoin mining for 18 months, is considering another temporary moratorium that would extend to data centers and other crypto mining operations. The proposed ban aims to address concerns over energy consumption and environmental impact.

TREE NEWS reports: Polkadot jumped 16.7% on the day and 42.5% on the week, leading a rotation into legacy layer-1s as Cosmos Hub, Decred, and Ethereum Classic each gained over 8%. Bitcoin slipped 0.83% to $78,539 in the first U.S. session since Labor Day. Polymarket traders raised odds of a quarter-point Fed hike next week.

TREE NEWS update: Christopher Jensen, former Franklin Templeton digital asset executive, will take the helm at StablecoinX, the largest corporate holder of Ethena’s ENA token. The appointment signals a strategic shift for the firm as it navigates the stablecoin landscape.

TREE NEWS reports: The US crypto and crypto-linked stocks index closed up 0.87% at 76.12 points. Over the past 24 hours, Bitcoin fell 0.92% to $78,497.62, hitting an intraday low of $77,608.50 at 21:52 Beijing time. Ethereum dropped 0.4% to $2,485.297, after touching $2,440.725 at 21:41.

TREE NEWS update: Blockstream is negotiating with parties claiming to be ‘white hats’ after hackers drained roughly 4,000 BTC from the Liquid sidechain. About 600 BTC ($47M) remains outstanding, though 3,400 BTC has been returned. Some doubt the actors’ white-hat claims.

TREE NEWS update: Liquid Federation disclosed that attackers exploited an Elements range-proof validation cache bug to mint ~4,000 unbacked L-BTC, later swapped for real BTC via SideSwap’s authorized exit peg. Before the incident, Liquid held ~4,205 BTC; reserves dropped to 197 BTC before operations paused. A self-described white hat returned 3,400 BTC, leaving ~598.5 BTC unrecovered. No private keys were compromised. Liquid remains offline, with Blockstream preparing Elements v23.3.4 and working to restore the network with 1:1 BTC backing.

TREE NEWS update: Steve Witkoff, US President Trump’s special envoy, earned $107 million in 2025 from a holding company that owns shares in a crypto enterprise he helped found. The holding includes World Liberty Financial LLC and real estate. Critics allege conflicts of interest, but lawyer David Warrington says Witkoff has divested from World Liberty Financial and recuses from related matters.

TREE NEWS reports: Hyperliquid’s open interest has climbed to $14.3 billion, coinciding with its native token HYPE reaching an all-time high. This marks a significant recovery from October 10, 2025, when OI plunged 56% in a single day, dropping from $14.7 billion to $6.5 billion.

TREE NEWS update: Malone Lam, 22, pleaded guilty to leading an international social engineering scheme that stole $245 million in cryptocurrency. The plea marks a major resolution in one of the largest crypto theft cases. Lam faces sentencing, with potential prison time.