Flash News

TREE NEWS update: More than 100 economists, including former Bank of Israel governor Jacob Frenkel, warned that a plan by Prime Minister Benjamin Netanyahu to use cryptocurrency to evade sanctions would deepen Israel’s international isolation ahead of the October 27 national election. The central bank rebuked the proposal, the economists said the move risks further isolating the country.

TREE NEWS update: XRP treasury company Evernorth plans to raise about $80.7 million through a committed equity financing arrangement with a Cantor Fitzgerald affiliate, with proceeds intended for general corporate purposes including buying XRP. An SEC filing dated Oct. 23 gives Evernorth the right to sell up to about 5.219 million new common shares to CF Principal Investments in tranches once conditions are met. At the Oct. 22 closing price of $15.46 per share, that equals roughly $80.7 million; the actual amount depends on shares sold and pricing, and the financing and XRP purchases have not been completed. Evernorth currently holds about 473 million XRP.

TREE NEWS reports: Bitcoin bulls fought to hold $80,000 support over the weekend as markets braced for a heavy week of US tech earnings and inflation data. The $80,000 level remains the line in the sand for BTC heading into the Federal Open Market Committee meeting and the corporate results slate.

TREE NEWS update: Cryptex Digital Market Cap ETF filed its sixth pre-effective S-1 amendment with the U.S. Securities and Exchange Commission on Oct. 23, seeking a Nasdaq listing under the ticker BAGZ, with Cryptex Finance as sponsor. The fund plans to directly hold multiple crypto assets, building its portfolio from the constituents and weights of the Cryptex Digital Market Cap Index and rebalancing alongside it. Assets initially listed as potentially reaching 5% or more of net asset value include BTC, ETH, XRP, HYPE, DOGE, SHIB, ADA and CTX.

TREE NEWS update: Electrum users on any version before 4.8.3 who connect to public servers should upgrade to 4.8.3, which shipped Oct. 24 after at least one user lost funds to an attack by malicious servers. The servers baited users into fee bumps to steal bitcoin. Users on older versions remain exposed when connecting to public servers.

TREE NEWS reports: Bitchat, a Bluetooth-based messaging app created by Twitter co-founder Jack Dorsey, hit No. 1 on France’s App Store social networking chart, surpassing Telegram and Signal and entering the top 10 free apps overall. The surge followed an October 21 nationwide outage at Orange and its Sosh brand that cut calls, texts and mobile data for millions of users, days after October 17 protests against rising living costs saw 550,000–800,000 people take to the streets and over 400 arrests.

TREE NEWS update: China Automotive Research and Qi An Xin Group signed a strategic cooperation agreement on Oct. 25 and established a joint laboratory for internet-connected vehicle information security. Qi An Xin Chairman Qi Xiangdong visited China Automotive Research, where Chairman Zhou Yulin received the delegation. The agreement was signed at the meeting.

TREE NEWS reports: Luiz Inácio Lula da Silva won Sunday’s Brazilian presidential runoff despite Polymarket and Kalshi pricing Flávio Bolsonaro as a roughly 80% favorite hours before the result. Traders are split on whether the prediction markets got the outcome wrong, with Lula having traded at about 20% odds before his victory.

TREE NEWS reports: Unitree Robotics (688836.SH) shares briefly climbed back above 700 yuan, capping a 65% rebound over seven trading sessions from an Oct. 15 low of 404 yuan, and last traded at 672 yuan for a market value of 272 billion yuan. The stock drew 82.77 million yuan of net main-fund inflows on the day and 249 million yuan of net institutional buying. Hyperliquid’s UNITREE perpetual traded near $98 with $27.62 million in open interest. Only 7.4% of shares are in free float.

TREE NEWS reports: Tencent’s Green Bubble short drama mini program reached 143 million monthly active users as of August. Weekly active users hit 89.68 million in the first week of October, up 44.1% from the first week of September. Since its official renaming in July, the product’s weekly active user base has approached 90 million in about three months.

TREE NEWS reports: South Korea is considering a fourth postponement of its crypto gains tax, with a possible start date of 2029, to align with the U.S. timetable for implementing CARF, the OECD’s international tax framework for digital assets. The move would mark another delay for a levy that has already been pushed back three times.

TREE NEWS update: Keystone said an intruder accessed its website and exposed customer names, addresses and order details, but not payment data or recovery phrases. The hardware wallet maker’s own published policies describe its 180-day shipping-data deletion in differing terms, the company said.

TREE NEWS update: CoinW has launched a multi-agent AI investment advisory tool called “AI Think Tank,” now live on its web platform. The tool deploys 13 AI agents to simulate an institutional research team, handling data collection, investment debate, strategy formulation, risk review and post-trade analysis. It generates a confidence-scored, fully traceable report and trading strategy that users can copy to the trading panel, covering more than 20 assets including BTC, ETH, popular US stocks, ETFs and commodities.

TREE NEWS update: Blast has reached its withdrawal interface deadline with roughly $40 million still locked in its bridge. The network has published contract-level exit guides, but users withdrawing funds still need to submit proofs, wait one day, and for USDB make a separate DAI claim. The milestone marks the end of the planned withdrawal window for the layer-2 network’s bridge.

TREE NEWS update: Blockchain game project ArchLoot said it will permanently burn 44,583,346 locked AL tokens, about 4.46% of the token’s maximum supply, drawn from its ECO Pool (30 million), Treasure Pool (roughly 10.417 million) and Reserve Pool (roughly 4.167 million). The tokens will no longer be unlocked, distributed or circulated after the burn. ArchLoot said it will publish the on-chain transaction hash for community verification once the burn is complete.

TREE NEWS reports: Dianping is beta-testing a new user growth system called “Life Expert” in selected cities. The system is being trialed with a limited user group ahead of any wider rollout. Dianping has not announced a launch date or the full list of cities involved.

TREE NEWS reports: A crypto address identified as 0x129…72EbE added $2.7 million to its altcoin position over the past ten days, bringing total accumulation to $10.79 million. The wallet, which began buying in early October, now shows a cumulative unrealized loss of $1.904 million. Holdings include 2.55 million ZRO, 6.3 million WLD, 5.77 million BAT and 20 million CHIP.