Flash News

TREE NEWS update: The US CFTC has asked a Washington DC court to dismiss CME’s lawsuit against Kalshi over its bitcoin perpetual futures. Kalshi’s cash-settled BTCPERP, approved May 29, has no expiry and uses funding rates. The CFTC called the suit overblown, noting CME could list similar products and its bitcoin futures volumes were higher in June and August than May. CME must respond by October 2.

TREE NEWS update: Layer-1 blockchain Harmony announced plans to terminate its network, citing threats from AI agents and state actors. Users must exit smart contracts by September 10, 2026. The team proposes migrating ONE to Ethereum, with airdrops to wallet addresses based on final block balances. Validators and delegators may receive funds from a $1.372 million pool over four quarters.

TREE NEWS update: Wistron GDS, the data center subsidiary, has set its initial public offering price at $58.88 per share. The pricing values the company at a level that will be determined upon listing. The offering is part of the company’s plans to expand its data center operations.

TREE NEWS update: Binance co-founder Changpeng Zhao (CZ) clarified on X that his account was not hacked, responding to related tweets. He stated he merely unfollowed accounts inactive for over 30 days, adding “that’s all.” The clarification comes amid speculation about his account activity.

TREE NEWS update: The Harmony team has proposed shutting down the blockchain, citing AI threats. They plan to migrate ONE tokens to Ethereum and pivot into the AI-video business. Users are urged to exit smart contracts before September 10.

TREE NEWS update: Liquid Network has received about 3,400 BTC of the roughly 4,000 BTC stolen in a recent attack, with about 600 BTC still unrecovered. The return followed on-chain negotiations with a self-described “white hat hacker” who said they would return the funds after Blockstream fixes the vulnerability. The incident is still developing.

TREE NEWS update: Chilean crypto exchange Orionx has halted withdrawals and begun winding down operations following alleged transfers of $7 million in client assets. Chile’s financial regulator said it does not oversee the exchange’s closure and lacks power to order customer repayments.

TREE NEWS reports: Bitcoin and gold have rallied together as concerns over developed economies’ fiscal health mount, with the 90-day correlation of their daily returns reaching 0.59, the highest since 2020. However, Bitcoin appears more immune to bond market volatility: its 90-day correlation with 10-year U.S. Treasury yields is only -0.17, compared to gold’s -0.41. Analysts suggest this indicates Bitcoin is less tied to bond market forces than gold, potentially enhancing its ‘hard asset’ status amid fiscal risks.

TREE NEWS update: Liquid Network has recovered approximately 3,400 BTC after about 4,000 BTC were exploited, with roughly 600 BTC still pending return. The recovery followed an on-chain exchange, and a suspected white-hat hacker had indicated they would return the bitcoin after Blockstream fixes the vulnerability. The incident is still developing.

TREE NEWS reports: Bitcoin remains range-bound between $77,200 and $82,100, facing resistance near $82,000. Markets now price a 60% chance of a 25bps rate hike on September 16, while Treasury yields pressure risk assets: 2-year at 4.37%, 30-year at 5.24%. ETF inflows and stablecoin supply growth may support BTC, but Fed policy expectations and high yields cap upside.

TREE NEWS reports: Major meme coins on Robinhood fell on Sept. 8, possibly due to the launch of a token by President Biden’s son. MEME’s market cap dropped 11.36% in an hour to $66.57M, PONS fell 5.16% to $499M, and PAIR declined 18.64% to $13.16M. Other tokens including AI, CASHCAT, and microduck also saw losses.

TREE NEWS reports: Bitcoin fell 2% in low-liquidity conditions as the US Labor Day holiday saw $80,000 once again elude bulls. The move highlights thin market depth during the holiday session.

TREE NEWS reports: Biden-themed meme coins rallied after Hunter Biden’s planned LAPTOP token announcement. Solana-based BODEN’s market cap briefly exceeded $1.7 million, up 47.8% in 24 hours. Another token, HUNTBODEN, surged 142% before pulling back from $180,000.

TREE NEWS reports: On-chain intelligence firm Arkham identified Wintermute as the likely buyer behind a gradual accumulation of PONS tokens, with a dashboard showing 3.43 million tokens worth $2.4 million. The disclosure suggests market maker interest in the asset.

TREE NEWS update: Router Protocol announced it will shut down on September 30 and burn 303 million ROUTE tokens. DefiLlama data shows only $9,879.92 locked and no bridge volume over the past 30 completed days. The notice instructs centralized-exchange holders to withdraw by venue deadlines.

TREE NEWS reports: Crypto projects have spent $638 million on token buybacks so far this year, up from $545 million in the same period last year and just $366,000 in 2024. Hyperliquid and Pump.fun together account for nearly 90% of the total.

TREE NEWS update: LINK rose to an eight-month high after Bottomline, a top-three SWIFT services provider moving $16 trillion annually, selected Chainlink to connect over 600 banks to blockchain settlement. The integration marks a significant step for institutional adoption of blockchain-based payments.

TREE NEWS reports: Crypto projects have spent $638 million on token buybacks so far this year, up from $545 million in the same period last year and a mere $366,000 in 2024. Hyperliquid and Pump.fun together accounted for nearly 90% of the total.

TREE NEWS update: The Ethereum Foundation protocol team released a rating list for 62 EIPs proposed for the Hegotá upgrade, designating FOCIL (EIP-7805) and Frame Transactions (EIP-8141) as S-level core upgrades. FOCIL enhances censorship resistance via forced inclusion lists, while Frame Transactions enable native account abstraction, allowing gas fee payments without holding ETH and providing an upgrade path for quantum-resistant signatures. Fifteen proposals are A-level high priority, eight are B-level conditional, and 28 are rejected, including issuance policy proposals EIP-8363 and EIP-8375. Ethereum L1 aims for quantum resistance by December 2029, with Hegotá critical to that timeline.

TREE NEWS update: Hunter Biden, son of former US President Joe Biden, now follows only the X account @Laptoptoken, linked to the LAPTOP meme token. The token is set to launch on the Base network on September 9, with contract address and website already published. Biden also confirmed the meme coin’s release date in a tweet.