Flash News

TREE NEWS update: Revolut and OpenReserve received preliminary approval from the Office of the Comptroller of the Currency to form US national banks, with both planning to offer cryptocurrency and stablecoin-related services. The approvals mark a step toward expanding their digital asset offerings under US banking regulations.

TREE NEWS reports: Crypto projects are spending hundreds of millions buying back their own tokens, a trend that has gained momentum. However, analysts question whether buybacks create lasting value or merely inflate token prices artificially. The debate intensifies as more projects adopt this strategy to support token prices.

TREE NEWS reports: Bitcoin surged past $81,000, while HYPE and ZEC reached new all-time highs as the cryptocurrency market rallied on hopes of interest rate cuts. The on-chain rally strengthened, with traders questioning if this marks the start of the next leg up.

TREE NEWS reports: The International Monetary Fund now acknowledges that donations funded El Salvador’s Bitcoin adoption, reversing its earlier claim that the reserve had not moved and was merely shuffling coins between government wallets. The revised stance marks a shift in the IMF’s assessment of the country’s Bitcoin strategy.

TREE NEWS update: Trezor disclosed that a data breach at its logistics partner ShipMonk impacted an additional 67,000 customers. The newly identified records, dating from 2019 to 2021, include names, emails, phone numbers, shipping addresses, and order numbers. This expands the earlier reported breach affecting fewer users.

TREE NEWS update: Phase II of the photovoltaic project in Shenzhen’s ‘virtual power plant town’ passed full-function commissioning and acceptance on March 3, achieving ‘observable, measurable, adjustable, and controllable’ grid connection. It is the city’s first demonstration project aggregating distributed solar via a virtual power plant, marking a new stage in Southern Power Grid’s distributed resource regulation.

TREE NEWS update: On September 3, Li Auto held a launch event in Dubai, introducing its new L9, an embodied intelligent flagship SUV, to the UAE market. The L9 is now available in Ultra and Livis trims, priced at AED 319,900 and AED 359,900 respectively.

TREE NEWS update: Trezor’s data breach now affects 67,000 more customers, expanding the total exposed. Some records date back to 2019, beyond the 90-day retention period Trezor said its partners had agreed to. The breach underscores ongoing security concerns for the crypto hardware wallet maker.

TREE NEWS reports: Kalshi’s US web traffic surged more than 1,500% in under a year, with trading volume growing even faster, as legal scrutiny of its sports contracts intensified. The prediction-market platform has seen a rapid user influx amid mounting regulatory pressure.

TREE NEWS update: The International Monetary Fund said El Salvador has not used public funds to accumulate bitcoin since June 2025, with purchases coming from private donations. The statement clarifies the government’s bitcoin acquisition policy, which had drawn scrutiny from the fund during past loan negotiations.

TREE NEWS update: Crypto firms are pressing the SEC to expedite ETF reviews and permit confidential draft filings, while Jane Street and Charles Schwab caution against rushed launches and reduced market scrutiny. The push highlights tensions between industry calls for faster approvals and concerns over transparency.

TREE NEWS update: Trezor confirmed that an additional 67,000 US customers were affected by a data breach at its shipping provider, expanding the total impact. The exposed information could enable phishing attacks and social engineering scams targeting users. Trezor urged customers to remain vigilant against suspicious communications.

TREE NEWS update: A patient with a gene-edited pig kidney transplant has survived 285 days without dialysis as of Sept. 3, setting a new record for the longest survival after a pig kidney transplant in a human. The previous record was 271 days, after which the patient received a human donor kidney.

TREE NEWS update: RoboSense’s all-solid-state digital LiDAR E2, powered by its ‘Peacock’ chip, has achieved mass production with the launch of Navimow H5 Pro, a robotic lawn mower by Segway-Ninebot’s brand Unilan. Unveiled at IFA 2026 in Berlin, this marks the first mass-production project for E2 and the ‘Peacock’ chip, described as the industry’s highest-spec all-solid-state area-array SPAD-SoC. Since January, RoboSense has been the exclusive supplier of digital perception products for Unilan’s three product lines.

TREE NEWS reports: The U.S. Financial Crimes Enforcement Network (FinCEN) has linked $12.7 billion to cryptocurrency scams operated from compounds in Asia. Monthly reported sums have risen 18% on average, and the compounds are spreading beyond Southeast Asia.

TREE NEWS update: OpenReserve Holdings has received preliminary approval from the Office of the Comptroller of the Currency (OCC) to establish a national bank focused on onchain settlement. The approval follows a $25 million seed round backed by Andreessen Horowitz.

TREE NEWS reports: Bitcoin surged past $81,000 on September 4, up 4% in 24 hours, as Fed rate-hike expectations eased, Treasury yields fell, and ETF inflows returned. Ether rebounded to near $2,500. Spot Bitcoin ETFs saw about $277 million in net inflows Thursday. Fed Governor Waller’s cautious stance cut September hike odds to roughly 48%.

TREE NEWS update: SoFi and Payward, Kraken’s parent, announced a deal linking banking rails to crypto markets with 24/7 settlement. Payward will join SoFi’s round-the-clock dollar settlement network and list SoFiUSD on Kraken, while SoFi taps Kraken Prime for crypto liquidity.

TREE NEWS update: Coinbase filed notice registrations with the SEC this week to list perpetual futures on individual US stocks. The exchange said CFTC approval is the next step before offering single-stock perps to domestic customers. The move would expand its derivatives offerings beyond crypto assets.