Flash News

TREE NEWS reports: Crypto trader Ansem said the bigger opportunity lies in building businesses around speculative trading rather than predicting the next meme coin to capture market attention. He noted that younger traders are increasingly accustomed to trading assets driven by internet culture, with behavior patterns that differ markedly from traditional investors. While hype around individual meme coins may keep rotating, demand for trading such assets is likely more durable, he added, saying he focuses on how developers can turn that persistent activity into sustainable business models and long-term value.

TREE NEWS update: SpaceX announced the launch of the SpaceX Superintelligence Partner Network, with Bain, Nvidia and Snowflake named as founding partners. The company disclosed the initiative as SpaceXSI on October 22. No financial terms or further details of the partnership were provided.

TREE NEWS update: Fireblocks said reports of a potential $2.5 billion acquisition by Visa are “not true at present time,” the crypto custody firm told Cointelegraph. Visa declined to comment on the reported talks. The denial follows a report that the payments giant was in discussions to buy the digital-asset infrastructure provider.

TREE NEWS update: A Circle Internet Group shareholder sued President Donald Trump and World Liberty Financial, the crypto firm he co-founded with his family, in U.S. federal court on Thursday, alleging Trump used the presidency to profit personally through two UAE-linked transactions in violation of the Constitution’s Foreign Emoluments Clause. The suit says Trump sold a 49% stake in World Liberty Financial for $500 million before his second term began, with funds reportedly from the UAE, and that a UAE government investment fund bought $2 billion of the Trump family’s digital currency.

TREE NEWS update: Nvidia CEO Jensen Huang said Thursday at the GTC conference in Berlin that demand from neocloud companies is “off the charts” and their capabilities are “extraordinary.” The missing piece is the working capital needed to fuel growth, Huang said, noting capital is scarce because demand across AI sectors is so strong. Capital demand far exceeds supply, and the problem will be resolved, he added.

TREE NEWS reports: Visa is in talks to acquire crypto infrastructure provider Fireblocks for about $2.5 billion, Axios reported. The reported negotiations follow Mastercard’s completed acquisition of stablecoin infrastructure firm BVNK, a deal priced at up to $1.8 billion.

TREE NEWS reports: A16z Crypto is planning a rebrand under the name ‘Frontier’ alongside a broader strategy shift, and general partner Ali Yahya is reportedly leaving the firm to build a startup. The moves come months after the team announced a $2.2 billion fifth fund. The reported changes were first detailed in a report on the venture arm’s plans.

TREE NEWS update: A Starknet governance poll on post-quantum Layer 1 research passed with 93.52% support, though the vote is non-binding and does not approve a network transition. StarkWare said it hopes to release a draft whitepaper on the work in November. The poll signals community backing for studying quantum-resistant cryptography for the network.

TREE NEWS reports: Arbitrum’s daily active addresses reached a 30-day high of 571,767 before hourly activity cooled into Oct. 22, on-chain data show. Transaction counts rose much less sharply than the address metric over the same period, suggesting the spike in activity was not matched by a proportional increase in on-chain transactions.

TREE NEWS reports: Researchers flagged inflated swETH and rswETH exchange rates after a cloud-platform disclosure, warning that the reported 2,513 ETH held by Swell is not a confirmed loss. The manipulation concerns the staking protocol’s rate calculations rather than a verified drain of user funds. Swell has not confirmed any loss tied to the figure.

TREE NEWS update: S&P Global Ratings on Thursday assigned Revolut a BBB+ investment-grade rating for the first time, and expects the UK digital bank to issue senior unsecured bonds in 2027 to build a debt buffer that can absorb potential losses and meet regulatory requirements. Revolut’s balance sheet now exceeds £40 billion ($53.5 billion), and the Bank of England could push for a restructuring in which investors bear losses if the bank fails.

TREE NEWS update: D3 has tied its HYPE vault, built by Upshift, to early access for new domain name registrations, with Hyperion DeFi as launch partner. Deposits into the vault earn Frontier Points that grant priority for future registration, though domain purchases require separate funds.

TREE NEWS reports: US spot Bitcoin ETFs recorded net inflows of 5,776 BTC on October 22, bringing seven-day net inflows to 11,503 BTC. Ether ETFs moved the opposite way, posting net outflows of 4,422 ETH for the day and 120,629 ETH over the past seven days.

TREE NEWS update: Websites worldwide entered a second day of urgent patching and protective measures after researchers disclosed two critical vulnerabilities in PHP, the widely used programming language for building websites and software platforms. Researchers warned that hackers have already attempted to exploit the flaws, which were disclosed on Wednesday and put organizations running PHP-based sites at risk of cyberattacks.

TREE NEWS update: The Blockchain Association, representing more than 100 members, sent a letter to U.S. congressional leaders calling for bipartisan digital asset tax legislation. The group proposed a de minimis exemption for small transactions, treating stablecoins as cash with reduced Form 1099-DA reporting, taxing mining and staking rewards only on disposal, limiting broker reporting to intermediaries that custody or control client assets, and clarifying that wallet-to-wallet transfers, smart contract interactions and cross-chain moves are not taxable when economic ownership does not change.

TREE NEWS update: The Blockchain Association has sent a letter to U.S. House and Senate leadership urging Congress to advance prudent, bipartisan digital asset tax legislation. The group said about 67 million Americans hold and use digital assets, and that the current tax regime creates uncertainty and heavy compliance burdens while pushing innovation offshore. Its proposed principles include a meaningful de minimis exemption and taxing mining and staking rewards as newly created property at disposition.

TREE NEWS update: Decrypt is integrating Jupiter-powered trading into The Information Exchange, letting readers trade directly where they consume news, the crypto media outlet said. The feature is framed as part of a destination where readers can discover, understand and trade the news. No launch date, fee terms or supported assets were disclosed.

TREE NEWS update: Coinbase Ireland has been fined $3.6 million for safeguarding breaches that left customer funds underfunded and mixed with group accounts. The penalty follows oversight failures at the Irish unit of the U.S. crypto exchange. The regulator found that client assets were not properly segregated from corporate funds.

TREE NEWS reports: Circle minted $1.5 billion USDC on Solana in the past 24 hours through six transactions of $250 million each. Year-to-date in 2026, Circle has minted a cumulative $110.51 billion USDC on Solana. The minting reflects continued issuance of the stablecoin on the Solana network.