Flash News

TREE NEWS reports: On-chain options remain less than 1% of perpetual DEX volume as of October 2026, even as perp DEXs handled $627 billion over the prior 30 days versus $4.9 billion in options notional, or roughly 0.8%. Derive cleared about $18 billion in options notional over the year to October 19 and holds over 90% of premium share, while Hypercall’s notional is mostly cheap S&P 500 lottery tickets. Deep perp liquidity on Hyperliquid and Lighter is cited as the missing hedge venue for option sellers.

TREE NEWS update: Hongguo Short Drama has rolled out “rest reminder” and “sleep reminder” features, progressively expanding to more users. After users watch dramas continuously beyond a certain duration, a rest prompt appears on the playback page, while the recommendation feed shows video reminders featuring virtual short-drama characters; the sleep reminder targets users still watching late at night. The platform said a “time management” feature will follow, letting users set their own rest-reminder intervals and sleep-reminder times.

TREE NEWS reports: UK-listed The Smarter Web Company bought 20 more bitcoin, bringing its total holdings to 2,850 BTC, Bitcoin Treasuries data showed on October 23. The purchase ranks the company 30th among corporate bitcoin holders.

TREE NEWS reports: Hong Kong’s Hang Seng Index closed 0.69% higher, with the Hang Seng Tech Index gaining 2.05%. MINIMAX rose about 17%, while Bloks climbed roughly 13%, Zhipu about 8%, CATL about 5% and Shein about 5%.

TREE NEWS reports: An address tagged as the Cysic attacker deposited 300 ETH worth about $721,140 and 30.4 BNB worth about $22,590 into Tornado Cash, PeckShieldAlert monitoring shows. The Cysic Foundation said its cross-chain bridge suffered a security incident on Oct. 17 that led to 10 million CYS being minted without authorization on BNB Chain.

TREE NEWS reports: US spot Bitcoin ETFs recorded $635 million in net outflows on Thursday, ending a three-day inflow streak, and have now posted $175 million in net outflows for October as a whole. The withdrawals push the month back into the red after a brief stretch of positive flows. The figures cover the combined daily flows of the US spot Bitcoin ETF complex.

TREE NEWS update: a16z Crypto will rename itself a16z Frontier and widen its investment scope from crypto startups to broader frontier technology, Chris Dixon announced on October 23. The new fund will focus on AI and its emerging products and markets, including autonomous machines, hardware-software companies and new networks connecting people and agents. The shift comes roughly five months after a16z closed a $2.2 billion fifth crypto fund in May.

TREE NEWS update: CoinDCX has acknowledged wallet-sweeping losses after previously denying a new breach, saying affected deposits have been credited back to users. The Indian exchange did not disclose the size of its losses. The incident follows a prior breach that CoinDCX had denied, and the exchange has not said how much was drained or which wallets were affected.

TREE NEWS update: Swell has paused deposits and withdrawals for its swETH and rswETH tokens, saying it must correct net asset value before reopening. Onchain controls now block withdrawal requests and ETH claims, the protocol said. No timeline for resuming operations was given.

TREE NEWS update: Apple Inc. has applied to register the “IPHONE DUO” trademark under international class 9 (scientific instruments), with the application now awaiting substantive examination. 23. The filing comes as Apple’s first foldable phone, the iPhone Duo, officially went on sale the same day.

TREE NEWS update: Ethereum has postponed the Hoodi testnet launch for its Glamsterdam upgrade due to security risks. ChainSecurity said it identified 13 real-world examples of smart contracts potentially affected by Glamsterdam’s gas changes and is coordinating responsible disclosure with the affected projects.

TREE NEWS update: Lianxun Instruments said its core test instruments for 800G and 1.6T high-speed optical module testing — including sampling oscilloscopes, bit error rate analyzers and clock recovery units — are its main products for 2026 delivery and are seeing strong market demand. The company said production expansion is advancing in line with business needs, with related construction proceeding under existing plans and overall progress meeting expectations.

TREE NEWS update: Bitcoin Core has changed its security disclosure policy, saying that keeping certain vulnerabilities secret no longer offers much protection given AI-assisted bug hunting. The project said the shift reflects how artificial intelligence is making software flaws easier to find, reducing the value of withholding details about certain bugs.

TREE NEWS update: Dubai’s crypto regulator has granted Bybit an active spot license for its local entity, two years after the exchange received a provisional nod. The regulator’s register now lists an active license, whereas in 2024 it showed a pending license of the same type under a different reference number.

TREE NEWS update: Accelink Technologies said its production and delivery operations are running normally and its order backlog is sufficient, with strong demand for high-speed optical interconnect and optical transmission products. The company said R&D and business cooperation are progressing as planned, including projects in optical transmission and optical interconnect, and that business communication and cooperation with major customers remain stable.

TREE NEWS update: HSBC has rolled out its first Hong Kong dollar-pegged stablecoin, RedCoin, to retail users. PayMe users will be able to activate a stablecoin wallet in-app in the coming days for peer-to-peer and peer-to-merchant payments.