Flash News

TREE NEWS reports: IRYS has rallied 1,200% past its May listing peak, with the latest price implying a circulating valuation of about $561 million. Only 20% of the token’s total supply is currently in circulation.

TREE NEWS reports: Spot ether ETFs are on track for their worst month of 2026, with $1.2 billion in outflows in October, as Bitmine Immersion Technologies also pulls back from building its ether treasury. The two sources of demand had driven much of ETH’s demand this year and are now retreating simultaneously.

TREE NEWS update: A new Arbitrum proposal would reopen Stylus contract activations under Foundation sign-off, while keeping existing active contracts and renewals permissionless. The DAO would also gain the power to revoke the Foundation’s signing authority. The plan is aimed at restoring a gated activation process for new deployments.

TREE NEWS update: Initia suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum, with losses reportedly exceeding $2.6 million. The halt follows the detection of the exploit, which involved unauthorized token creation and the movement of funds to Ethereum.

TREE NEWS update: Israeli Prime Minister Benjamin Netanyahu said he requested a blockchain plan as one of several alternatives to counter potential banking sanctions, as Britain threatens action against businesses supporting settlement construction. The premier described blockchain as an option under consideration among other measures. No further details on the plan or its implementation were provided.

TREE NEWS update: Israeli Prime Minister Benjamin Netanyahu said blockchain could help Israel prepare for possible sanctions targeting its banking system. He is seeking a blockchain-based plan to brace for such measures. No further details on the plan’s scope or timing were provided.

TREE NEWS update: Tether blacklisted USDT wallets linked to outflows from CoinDCX, with AMLBot estimating the frozen sum at about $2.2 million. The move follows CoinDCX’s acknowledgment of losses tied to a failed process for securing deposits to retired addresses.

TREE NEWS reports: Mastercard’s machine-payment pilot distinguishes signed spending authority from final settlement, with AP2 recording spending authority and x402 carrying payment requests. The setup shows why a signed voucher and final settlement are separate steps in AI-agent payments.

TREE NEWS update: Sen. Richard Blumenthal is seeking answers from Tether after reports that the stablecoin issuer paid millions to a firm founded by a former White House crypto adviser. The senator said he wants Tether to explain the payments, though the material did not specify the amount or the name of the firm. Tether has not publicly responded to the request.

TREE NEWS update: The Democratic ranking member of the Senate Permanent Subcommittee on Investigations has asked Tether CEO Paolo Ardoino for records related to a reported deal between Tether and Nxum. The request follows reports of the transaction involving the former Trump crypto adviser’s firm. The senator is seeking documentation on the deal.

TREE NEWS update: Agora said an exploit on the Initia network struck a third-party product that uses its AUSD stablecoin, not Agora’s own contracts. Ethereum records show 1.4 million AUSD left a bridge adapter, while Agora stated it has no smart contracts deployed on Initia.

TREE NEWS update: Bitcoin Core developers will now backport fixes and cut releases immediately for vulnerabilities deemed “easily discoverable,” abandoning long embargoes for bugs an attacker can surface with a single AI prompt. The policy rewrite reflects a world where AI can find software flaws in one prompt, shifting the project’s disclosure and patching timeline. The change targets flaws that are trivial for attackers to identify using AI tools.

TREE NEWS update: Agora has frozen an AUSD account linked to the Initia exploit, stating it holds no contracts on Initia and that the targeted Ethereum account had already swapped 1.4 million AUSD for ETH. The stablecoin issuer’s move follows the attack, with the frozen account tied to the same address that converted the funds before the freeze.

TREE NEWS update: Initia has halted its network following a security incident, with an attacker reportedly minting tokens. Onchain data shows a $2.7 million ether transfer as the project investigates the scope of the breach. The halt comes as the team works to determine how the incident unfolded and what assets were affected.

TREE NEWS update: New York’s attorney general asked a court to order the founders of NovaTech, who have fled the country, to pay about $1.37 billion for running a crypto fraud that lured victims through prayer groups. The office also settled with four top promoters for nearly $6 million.

TREE NEWS update: Initia suspended its Layer 1 chain and rollups following a reported mint exploit, with analyst Spreek estimating $2.6 million had been cashed out. Ethereum records show stablecoin swaps tied to the incident and a later transfer of 1,135.5 ETH.

TREE NEWS update: Extended will launch its XTEN token in November, allocating 30% to eligible points users, who will receive tokens in self-hosted Arc wallets. Full tokenomics will be published in a MiCA white paper expected on Oct. 31. The announcement sets a two-step timeline: the white paper first, then the token launch the following month.

TREE NEWS update: Bitcoin Core will now publish fixes and security advisories quickly for vulnerabilities that a simple LLM prompt could uncover, instead of withholding them for up to roughly a year under its severity-based rules. The policy change applies to bugs deemed easy to rediscover with AI tools.

TREE NEWS reports: Spot Bitcoin ETFs recorded $635.6 million in net outflows on Thursday, their largest single-day outflow this month, pushing October’s cumulative flows to a net loss of about $176 million. Ethereum and Solana funds also saw redemptions the same day, extending a broader pullback across crypto exchange-traded products.

TREE NEWS reports: Bitcoin dipped below $81,000 as stocks fell and Brent crude rose to its highest level since March, putting the 50-day moving average in focus. The cryptocurrency is seeking support above the $81,000 mark amid the broader market pullback.