Flash News

TREE NEWS reports: Robinhood Chain gas fees jumped 82-fold in 11 days, reaching $4.45 million on Sept. 2, surpassing Ethereum, Solana, and Tron combined. The base fee rose 23 times off its 0.02 gwei floor. Robinhood absorbs the cost in its wallet app until Sept. 29.

TREE NEWS update: Prediction market Polymarket has listed 67 perpetual futures contracts on stocks, crypto, indices, and commodities, offering up to 20x leverage. The platform blocks order placement from the United States, limiting access to non-U.S. users.

TREE NEWS reports: PONS, the token behind Robinhood Chain’s meme coin factory, has flipped CASHCAT to become the chain’s largest cryptocurrency by market cap. The token’s price has surged over 18,000% since July, with its chart resembling a hockey stick.

TREE NEWS reports: The Schwab Crypto Thematic Index closed up 9.2% on Tuesday, reflecting a broad rally in crypto-related equities. The gain underscores renewed investor interest in digital asset markets.

TREE NEWS update: Coinbase announced plans to launch single-stock perpetual futures in the US, having filed registration notices this week with the SEC for its derivatives exchange and broker. The exchange will work closely with the SEC and CFTC to bring more major financial products to the US market.

TREE NEWS update: Mantle has added Paxos-issued USDG as a natively minted stablecoin, integrating it into its ecosystem. The move also sees Mantle join the Global Dollar Network, a network that shares rewards from USDG’s reserves with participating platforms. This integration aims to expand stablecoin utility within Mantle’s DeFi applications.

TREE NEWS update: Coinbase has filed registration documents with the U.S. Securities and Exchange Commission (SEC) to offer perpetual warrants on its stock in the United States. The filing marks a step toward the new securities product.

TREE NEWS reports: Michigan authorities continue efforts to block Kalshi, with a Supreme Court battle looming. Kalshi earlier said it faced an “impossible position” after federal authorities directed it to ignore a Michigan restraining order issued in June. The ongoing dispute highlights regulatory tensions over prediction markets.

TREE NEWS reports: Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention. Analysts remain split on the impact of the move.

TREE NEWS reports: Bitcoin ETFs rebounded with $101.15 million in daily inflows on Wednesday, snapping a losing streak after their worst outflow since July. Meanwhile, Ethereum funds broke a 12-day winning run and XRP funds ended an 11-session streak.

TREE NEWS update: Curve DAO approved yRisk, backed by two Resupply developers, to manage protocol risk with 536.9 million veCRV votes and no opposition. The mandate, funded Sept. 2 with 125,000 frxUSD and 568,181 CRV, went ahead despite Resupply’s $9.6 million exploit in June 2025, which was not disclosed in the proposal.

TREE NEWS update: Robinhood Chain is generating over $2 million in daily revenue with costs of just $15,000. The executive highlighted that on-chain finance offers financial services with software-level margins for enterprises, predicting this trend will materialize.

TREE NEWS update: Two Thai businessmen are suing Tether in Manhattan federal court over 42,417,785.62 USDT blacklisted across 10 Ethereum addresses. Onchain records show all 10 were frozen in a single two-and-a-half-minute batch on Oct. 30, 2025, and the seizure warrant cited in the complaint is dated Feb. 19, 2026.

TREE NEWS update: The U.S. Commodity Futures Trading Commission asked a judge to dismiss CME Group’s lawsuit challenging its approval of Kalshi’s Bitcoin perpetual futures contract. The regulator argues CME cannot contest the approval without showing concrete financial harm. The lawsuit stems from CME’s claim that Kalshi’s product overlaps with its own offerings.

TREE NEWS update: Bybit’s payment arm, Bybit Pay, has integrated with crypto payment infrastructure provider Mesh, enabling users to pay or top up accounts on Mesh-supported platforms directly from their Bybit balances, without withdrawals or transfers. Merchants can add Bybit Pay via existing Mesh integrations and use programmable settlement features. Mesh’s network connects over 300 wallets, exchanges, and financial platforms.

TREE NEWS update: Bybit Pay has integrated with Mesh, enabling users to spend digital assets directly from their exchange balances across Mesh-powered platforms. The collaboration expands crypto payment options for Bybit customers, allowing seamless spending of funds without withdrawal.

TREE NEWS update: BitMEX co-founder Arthur Hayes contributed 75% of Reform UK’s donations in Q2 2026, the party led by Nigel Farage has accepted. The contributions from crypto-industry figures raise questions about potential influence on UK policy. No specific policy changes have been proposed.

TREE NEWS update: ProCap Financial, Anthony Pompliano’s bitcoin treasury company, sold about 50 BTC to repurchase over 2% of its outstanding shares at a roughly 40% discount to net asset value (NAV). As of September 2, it held about 5,305 BTC. The company said cumulative buybacks now represent about 10% of shares outstanding, and it will continue evaluating buybacks when shares trade at significant discounts to NAV.

TREE NEWS reports: Robinhood Chain meme coin CASHCAT saw its market cap briefly surpass $300 million, setting a new all-time high. It now stands at $275.4 million, up 7.68% in the last 24 hours. Meme coins remain highly volatile; investors should exercise caution.