Flash News

TREE NEWS update: Circle’s Arc blockchain network launched its mainnet on September 16, with founding validators including BlackRock, DTCC, Galaxy, SBI and Visa, and DeFi partners including Aave, GSR, Morpho and Uniswap. Launch-day tokens ARGUS, TOLLY and LONG reached tens of millions of dollars in market value, while Pump.fun, Phantom, TokenPocket and Bitget Wallet added support on day one.

TREE NEWS reports: Trader CL (@cl207) holds $11.71 million in long positions on Hyperliquid. The book includes a $3.61 million ETH long and a $1.73 million HYPE long, plus a $3.18 million Nvidia position at 15x leverage and a $2.03 million GOOGL position at 20x leverage. Account equity stands at $3.21 million, with every position long.

TREE NEWS update: DCENT Wallet said it is urgently investigating abnormal asset transfers involving its DCENT App Wallet, with preliminary findings indicating the issue is confined to that app wallet. Users holding assets there, and those reusing the same seed phrase across DCENT App Wallet and a hardware wallet, are advised to move funds immediately to a secure hardware wallet or another trusted address. The team warned against sending funds to addresses shared via private messages or unofficial channels and said it will update on the cause and scope.

TREE NEWS update: Binance Capital Connect has opened to individual investors for the first time, requiring a minimum of $1 million in assets to compare and invest in professional trading teams’ strategies. The platform, previously limited to institutional investors, runs on Binance’s Portfolio Account infrastructure and handles management fees, performance fees and risk metrics. As of September it hosted 212 portfolios from 77 professional trading teams.

TREE NEWS update: Circle’s Arc, a stablecoin-focused EVM-compatible Layer 1, launched its mainnet at 9 a.m. today, with token launchpad coins and native memecoins drawing the most first-day trading interest. ArgusPad’s platform token ARGUS peaked at a $35 million market cap before falling to $23 million, Tolly’s TOLLY hit $25 million and eased to $15 million, and Long.supply’s LONG touched $17 million before sliding to $12 million. Memecoins COOL and ARCAT reached $7.9 million and $5 million respectively.

TREE NEWS update: Zcash’s community completed a privacy vote on its next network upgrade, NU7, with about 2.4 million ZEC — roughly two-thirds of eligible supply — taking part. 99.9% backed cutting block times from 75 seconds to 25 seconds for faster confirmations, and 98.9% supported keeping the existing Bitcoin-style halving. About 96.6% favored delaying Network Sustainability Mechanism fee redistribution to miners until as late as February 2031, while disabling the obsolete Sprout pool and shipping NU7 as soon as features are ready, potentially by September 30.

TREE NEWS update: A Lido governance forum proposal would authorize a conditional LDO centralized-exchange market-making program, drawing up to $1.5 million in recallable LDO inventory (capped at 7.5 million LDO) from the DAO treasury plus up to 480,000 USDC for fixed service fees and costs over up to 12 months. The authorization expires if unused within two years and would only be triggered if the Lido Growth Committee deems CEX liquidity insufficient. LDO’s 90-day average daily volume is about $34 million, down from $43.8 million and roughly $95.4 million in the prior and year-earlier periods.

TREE NEWS update: Solana lending protocol Kamino has appointed Yieldstreet co-founder Michael Weisz as CEO and set up headquarters in New York to push US market and institutional expansion. Weisz previously served over 500,000 individual investors at Yieldstreet and deployed more than $6 billion alongside institutions including Goldman Sachs, Carlyle, KKR, Ares, Fortress and StepStone. Kamino says it is Solana’s largest credit protocol, with over $650 billion in cumulative transaction volume and more than $20 billion in cumulative loans issued.

TREE NEWS reports: Wintermute (0xecb…2b00) began taking profit on its short positions after the CLARITY Act failed to advance, cutting its short exposure from $102.1 million to $55.54 million, with unrealized gains rising from $928,000 to $2.28 million. Its ETH short fell from 15,330 ETH (about $38.47 million) to 7,810 ETH (about $18.72 million). Wintermute’s cumulative profit stands at $179.89 million.

TREE NEWS reports: The teams behind Ethereum’s EIP-8141 and Base’s EIP-8130 have ended efforts to converge on a single account-abstraction standard, leaving wallet developers to potentially support two transaction formats across the two networks. The rival proposals both aimed to build account abstraction into the base layer, and talks to merge them have broken down.

TREE NEWS update: An attacker drained about $7.8 million in rsETH from an Ethereum Safe wallet by exploiting an over-permissioned module. A bot named Yoink then front-ran the payout in the same block, taking the funds before the hacker could move them. The incident highlights the risks of excessive permissions on Safe smart accounts.

TREE NEWS update: OranjeBTC (OBTC3) has listed DIGY11 on Brazil’s B3 exchange, billed as the world’s first bitcoin-backed digital credit ETF. The fund targets an annualized yield of about 18%, distributed monthly.NET.

TREE NEWS update: Sui said on X that more than $1.5 trillion in bitcoin sits idle because using it typically means handing it to someone else. Its Hashi protocol will keep BTC on the Bitcoin network while opening financial services on Sui, with the Hashi mainnet set to launch soon. No launch date was given.

TREE NEWS reports: 0x said 54.2% of the 84,163 Uniswap v4 hooks it analyzed were malicious, calling the hooks design a mistake. Uniswap founder Hayden Adams and Paradigm’s Dan Robinson pushed back, saying the failure lies in 0x’s routing rather than in v4 hooks.

TREE NEWS update: Ethena founder Guy Young said the Ethena Pay app is expected to start opening in the US, UK and Europe within weeks, with card partners often setting the pace of the rollout. Young added that the US is not among his priority markets for the app.

TREE NEWS reports: An MEV bot identified as Yoink front-ran an exploit on Ethereum, diverting 2,882.37 rsETH worth roughly $7.8 million to a single address after its transaction beat the original attack into the same block. The bot captured the funds by paying to land ahead of the attacker in the block ordering.

TREE NEWS update: Solana lending protocol Kamino has named Michael Weisz as CEO to lead its US and institutional expansion. The protocol holds $1.35 billion in total value locked and $1.02 billion in active loans. The appointment signals Kamino’s push into institutional lending markets on Solana.

TREE NEWS reports: Crypto futures liquidations across exchanges totaled $493 million in the past 24 hours, with $299 million in long positions and $194 million in shorts, CoinGlass data shows. Bitcoin liquidations reached $147 million and Ethereum $206 million. The largest single liquidation, worth $11.77 million, occurred on Binance’s ETHUSDT pair.

TREE NEWS update: An MEV bot called “Yoink” front-ran an attacker attempting to exploit a custom Safe module and captured the stolen rsETH, valued at $7.7 million, before Kelp temporarily froze the receiving address. The bot intercepted the funds ahead of the exploiter, and the receiving address was subsequently frozen by Kelp.