Flash News

TREE NEWS reports: Hyperliquid’s open interest reached a record $18 billion, the decentralized derivatives exchange said on X. The platform’s daily active users also set a record of about 283,200 on September 21.

TREE NEWS update: Stablecoin payments infrastructure firm BVNK, owned by Mastercard, has integrated the Stellar network into its platform, letting clients use a unified API for cross-border payments, merchant payouts and fund transfers. BVNK processes roughly $39 billion in annualized volume across more than 130 countries and territories. Mastercard completed its acquisition of BVNK in August.

TREE NEWS update: Payward-owned payments firm Reap launched a Virtual Asset Ledger letting users of exchanges, wallets, neobanks and fintech platforms spend BTC and other crypto balances directly through Reap-issued Visa cards, with conversion at real-time rates and no pre-conversion to stablecoins. Reap said card spending funded by virtual assets reached $1.04 billion in July 2026.

TREE NEWS reports: Address “0xA799” bought 788,000 UNI at $6.26 about six days ago, a position worth roughly $4.93 million, then sold the entire holding at $8.85 for about $6.97 million, Lookonchain monitoring shows. The round trip produced a profit of roughly $2.04 million within six days.

TREE NEWS reports: Two wallets suspected of being controlled by the same entity have staked a combined 212,590 HYPE tokens worth $20.49 million, on-chain tracker Onchain Lens said. One wallet staked 106,410 HYPE, valued at $10.25 million, while the other staked 106,180 HYPE, valued at $10.24 million. The wallets are identified as 0x8bdd…6aec and 0x1ca9…5120.

TREE NEWS reports: Bitcoin perpetual futures open interest has climbed back above $62 billion, returning to July levels, even after recent violent price swings wiped out billions of dollars in derivatives positions. Traders are piling back into leveraged bets, adding fuel and fresh risk to the crypto rally. Monday’s latest large-scale leverage flush pushed prices higher before total derivatives contracts rebuilt past the $62 billion mark.

TREE NEWS update: Andreessen Horowitz and the DeFi Education Fund have submitted a joint proposal to SEC Commissioner Hester Peirce seeking a safe harbor that would create a rebuttable presumption that decentralized exchange protocols and their front-ends are not exchanges under the Exchange Act. a16z filed a second letter the same day asking the SEC to build a related framework.

TREE NEWS reports: Galaxy Research says white-hat actors have consolidated bitcoin tied to the Coldcard exploit into a fresh address tagged for a “Crypto Recovery Trust.” The consolidated funds represent just 2.8% of the total haul from the exploit. The recovery effort covers only a small fraction of the stolen coins.

TREE NEWS update: Trueo said it will make Ethereum mainnet its primary deployment and build its next oracle there, a move endorsed by Vitalik Buterin, who called the project “ethical and not corposlop.” The TRUE token is up 900% in 24 hours. Trueo’s contracts remain deployed only on Base, and no migration date has been set.

TREE NEWS update: The European System of Central Banks has told the European Commission that MiCA’s ban on interest on stablecoins should be extended to products the regulation does not currently cover, including lending and staking. The ESCB, which groups the ECB and national central banks, wants the yield prohibition to follow stablecoins into those adjacent activities.

TREE NEWS update: Liquid staking protocol Kinetiq has opened its Elysium testnet, publishing a chain ID, RPC endpoint and block explorer for the Arbitrum Orbit network. The launch comes a month after the project said HyperEVM’s throughput leaves little room for sustained high-frequency activity. Elysium is aimed at Hyperliquid-focused DeFi applications.

TREE NEWS update: Coinbase has rolled out fixed-rate USDC loans collateralized by bitcoin through an integration with Morpho Midnight, letting borrowers lock in both the rate and a repayment maturity date. The product runs alongside Coinbase’s existing floating-rate lending on Morpho Blue, which carries over $1.4 billion in outstanding loans and about $3 billion in collateral. Morpho said Midnight is deployed on Base with roughly $30 million in deposits; Coinbase offers end-of-this-month and end-of-next-month maturities.

TREE NEWS update: Stablecoin infrastructure firm BVNK, acquired by Mastercard for up to $1.8 billion, has added the Stellar network as a payment rail. The company said the integration is live across its more than 130 markets, with more Stellar-native assets to follow.

TREE NEWS update: Binance has taken a $100 million stake in Circle and agreed a five-year deal to promote USDC on its platform. The exchange said it will expand its existing USDC partnership with the stablecoin issuer, pushing the token across its trading and payments services. Terms beyond the stake size and the five-year term were not disclosed.

TREE NEWS update: Binance has invested $100 million in Circle, the issuer of the USDC stablecoin. The investment links the world’s largest crypto exchange with the second-largest dollar-pegged stablecoin. No further terms were disclosed.

TREE NEWS update: SoFi has gone live with SoFiUSD stablecoin settlement on Mastercard’s network, the company said. Its card program is targeting more than $25 billion in annualized volume. The launch puts a bank-issued stablecoin into live card-rail settlement, with SoFiUSD used to move funds on Mastercard’s network.

TREE NEWS update: Binance has taken a $100 million equity stake in Circle as part of a five-year commercial agreement to promote the USDC stablecoin. The equity placement and the commercial deal closed on the same day, with money moving in both directions. Neither the size of the stake as a percentage of Circle nor further terms were disclosed.

TREE NEWS reports: World Liberty Financial’s announced crypto partnerships, including an Aave-backed lending market, Ethena stablecoin collateral and Ondo tokenized Treasuries, have yet to launch, and most of its “strategic token reserve” holdings of LINK, AAVE, ENA and MOVE have been transferred or disposed of, some to centralized exchange accounts. Tokens bought by World Liberty typically rose 10% to 26% within a day of being spotted on-chain, but most gains did not hold. The company said it adjusts strategy with market conditions and business priorities and stressed no link to Trump administration decisions.