Flash News

TREE NEWS reports: Prediction market predict.fun puts TES at 37% to beat AL in their League of Legends World Championship Swiss Stage round-two match, a best-of-one scheduled for 1 a.m. Both teams lost their opening Swiss Stage games on day one and sit in the 0-1 pool; TES fell to LCK side HLE in under 24 minutes, while AL lost to Europe’s KC after a comeback. All four LPL teams lost on the opening day, a first for the region.

TREE NEWS update: Pump.fun said on X that Monad is now live in its app, letting users buy any Monad-chain token directly with their USDC balance without manually bridging or switching wallets. Monad’s official account also confirmed the integration. The announcement was dated October 25.

TREE NEWS reports: Arbitrum’s ARB token fell to a four-week low, with its losses outpacing those of bitcoin and ether, while OP and POL each dropped more than a quarter over matched four-week windows. Despite the price declines, active-address count on Arbitrum One rose.

TREE NEWS reports: Strategy, Strive and other bitcoin treasury companies have used preferred stock financing to buy 135,979 bitcoin since the start of 2025 through Oct. 5, more than 0.5% of bitcoin’s maximum supply, with the related preferred stock market at about $12 billion. Strategy spent $193 million repurchasing STRC and bought 267 bitcoin in its latest weekly report, raising its preferred stock repurchase authorization to $3 billion.

TREE NEWS reports: Ether dropped below $2,300, extending a 28-day decline to 14.7% and underperforming bitcoin by 9.15 percentage points over matched nearly four-week windows. US ether ETFs recorded another outflow on Oct. 22, adding to pressure on the second-largest cryptocurrency.

TREE NEWS reports: A single whale holds a 93,184 ETH long position worth about $214 million that could be liquidated if the market keeps falling, with liquidation prices at $2,256.45 and $2,226.53, Lookonchain monitoring shows. The position’s size means a slide to those levels would trigger forced unwinding of the entire long.

TREE NEWS reports: Machi (@machibigbrother, address 0x020c…5872) was liquidated five times within one hour, leaving roughly $5,000 in the account, Lookonchain monitoring shows. The repeated liquidations wiped out nearly the entire balance of the trader’s position in a single hour.

TREE NEWS reports: Bitcoin dropped below $80,000, triggering $291 million in liquidations across crypto exchanges in the past hour, Coinglass data shows. Long positions accounted for $274 million of the total, while short liquidations reached $17.33 million. BTC liquidations totaled $86.79 million and ETH liquidations $69.80 million in the same window.

TREE NEWS reports: A third exploit transaction on the X100 token moved roughly 549,916 X and 1,909 USDT to a new beneficiary, with a different sender behind the transfer. The affected Uniswap pool held less than 200 USDT at the time. The incident marks the latest in a series of X100 exploit transactions targeting the token’s Uniswap liquidity.

TREE NEWS reports: Ether dropped below 2,300 USDT on OKX, trading at 2,298.06 USDT, a 24-hour decline of 4.23%. The move puts ETH under the 2,300 level as of the latest OKX market data.

TREE NEWS reports: A prediction-market account that has lost $2.2 million bought $192,000 of Vitality to beat 9z in the CS2 PGL Masters Swiss stage. The account opened at an average price of 83.4¢ for 230,000 shares. Vitality currently leads the best-of-three series 1-0; the $1.25 million event is being held in Bucharest, Romania, on Oct. 24, 2026, with 16 teams in a Swiss format.

TREE NEWS update: X100, an Ethereum-based project, suffered an ongoing exploit that had drained about 4.85 million USDT across two transactions as of 22:49, security firm Blockaid said on October 24. One attacker seized two of the project’s three “Senate” governance seats and sold 400,000 X tokens from the treasury into a self-created empty pool, while a second attacker destroyed the Uniswap V3 liquidity position held by the “Freezer” contract. Blockaid published the attacker addresses and sample transactions.

TREE NEWS update: Robert Bowling, who spent six years working on Call of Duty, said Activision suggested cutting discs nearly two decades ago, around 2007. In an interview, Bowling described the early push toward disc-free distribution by game publishers, framing it as a long-standing industry direction rather than a recent shift.

TREE NEWS reports: Weekly nominal trading volume on crypto-related event contracts at Kalshi and Polymarket reached $2.7 billion last week, a record high. Volume was driven mainly by up/down contracts, with Kalshi’s 15-minute bitcoin contracts sometimes exceeding $1 million per period. Crypto is now the second-largest category on both platforms after sports.

TREE NEWS reports: Machi Big Brother’s 25x leveraged Ethereum long position was partially liquidated during a brief crypto market crash on October 24, leaving just 252 ETH worth about $592,000. The remaining position carries an unrealized loss of roughly $24,000, with a liquidation price of $2,326, on-chain data show.

TREE NEWS reports: Bitcoin fell below $80,000 on October 24, trading at $79,991.00 per coin, down 2.07% over the day. The move marks a drop back under the round-number threshold for the largest cryptocurrency.

TREE NEWS update: Shaw has published a reconstruction of Daos.fun, reporting that captured and rebuilt binaries match. Daos.fun says it no longer maintains the platform, though existing tokens remain tradable. The disclosure centers on what Shaw describes as a critical flaw in the platform.

TREE NEWS update: Chinese video creator Tim (Pan Tianhong), founder of Media Storm, will announce the winners of a giveaway of 100 iPhones on X within 24 hours, selecting them randomly from eligible users with Grok. To enter, users must follow his account, like and repost the post. Tim had said on Oct. 22 that his iPhone Duo video had reached 56.98 million views, prompting the giveaway. The post did not explain how Grok would conduct the draw.

TREE NEWS reports: Hyperliquid’s Yan and CME’s Duffy are split over who should bear US compliance obligations, with Yan favoring oversight of market deployers rather than the blockchain itself. Hyperliquid’s interface still bars US-based users, and VPN circumvention remains a workaround. The disagreement centers on where regulatory responsibility should sit in decentralized market structures.

TREE NEWS update: TeraWulf amended its senior secured revolving credit agreement on Oct. 23, raising the facility from $250 million to about $400 million, a roughly 60% increase effective the same day. Morgan Stanley Senior Funding serves as administrative and collateral agent. The amendment also allows the facility to grow by a further $150 million once new lender commitments are secured and conditions met, and removes a prior $150 million sublimit on letters of credit.