Flash News

TREE NEWS update: Western Union has selected Noah to settle receiver redirect payouts in USDPT, a Solana stablecoin issued by Anchorage Digital Bank, the remittance company said. The service will move funds in more than 60 currencies across over 200 countries, with recipients collecting the stablecoin.

TREE NEWS reports: Lido’s proposed lend exit plan would tap borrower collateral to fund withdrawals, starting with positions nearest liquidation and reducing their debt first. The plan does not specify eligibility for healthy loans or the lender’s route to ETH. No date or formal announcement was provided.

TREE NEWS update: Standard Chartered has signed a definitive agreement to acquire Zodia Custody, following shareholders’ acceptance of its non-binding offer in May. The transaction still requires regulatory approvals before it can close.

TREE NEWS update: OpenSea has opened its mobile app to all users, the marketplace said, with referrers earning 25% of fees. The app’s social feed pulls trades from across crypto apps rather than only its own users, OpenSea said. Of the more than 56,000 beta signups, 76% were active.

TREE NEWS update: The Blockchain Association asked the SEC to raise the offering caps under its Regulation Crypto Assets proposal to $10 million, doubling the current startup exemption, in a comment letter backing the rule. The trade group also urged the Commission to write Howey guidance into the rule and to let third parties file for tokens already trading.

TREE NEWS update: Dogecoin Labs launched with backing from the Dogecoin Foundation, uniting MyDoge, DogeOS and Such App to expand DOGE beyond meme-driven demand into payments and DeFi. The new entity brings three ecosystem projects under one umbrella to pursue broader utility for the token.

TREE NEWS reports: Gate Research published a framework on Wednesday for a daily-run cross-asset strategy it calls GCRA, or Gate Cross-Asset Regime Allocation, which allocates across BTC, ETH, SOL, SPY, QQQ and NVIDIA with a target annualized portfolio volatility of 10%-12%. The report said BTC, ETH and SOL rose roughly 21.3%, 27.4% and 25.3% over seven days, with daily RSI above 75 on all three, while open interest fell 1.84%-3.31% in 24 hours. Orders route across Gate spot, perpetuals, direct equities, TradFi CFDs and TradFi Perps based on net cost.

TREE NEWS update: The OCC’s final stablecoin rule retains a two-business-day redemption window and replaces an automatic seven-day extension with one issuers must request, while setting a $5 million capital floor for issuers it oversees. The national bank regulator also backed off a yield test in the final version.

TREE NEWS reports: Bitcoin volatility is approaching its 2026 lows, with K33 attributing the calm to weak trading activity ahead of several potential market catalysts. Traders are bracing for the Federal Reserve’s upcoming policy decision and the US midterm elections, both of which could inject fresh volatility into crypto markets.

TREE NEWS update: PlayStation founder Ken Kutaragi pushed back against anger at Sony’s decision to stop producing physical game discs, calling the reaction a “mentality issue.” The comments address consumer frustration over the shift away from disc-based games, a move that affects how players own and access titles.

TREE NEWS update: The Office of the Comptroller of the Currency published its final rule implementing the GENIUS Act stablecoin framework, effective Jan. 18. The final rule drops a proposed presumption concerning third-party rewards arrangements. The OCC is the first regulator out of the gate with a finalized rule under the stablecoin law signed by President Trump.

TREE NEWS update: BitGo has launched BitGo Labs, an innovation unit tasked with designing crypto’s next breakout application, with an initial focus on the intersection of AI and crypto. The company said the AI economy needs crypto financial infrastructure. No further details on staffing, funding or timelines were disclosed.

TREE NEWS update: CATL repurchased 3.4886 million shares on October 21 at prices ranging from RMB 227.51 to RMB 231.38 per share, for a total consideration of RMB 800 million. The buyback was executed on the Shenzhen-listed battery maker’s own shares.

TREE NEWS reports: PancakeSwap’s total value locked has topped $380 million as a proposed fee-sharing overhaul heads to a vote. The plan would allocate 88% of swap fees to liquidity providers and cut CAKE emissions by 69%, amid expanding DeFi activity on BNB Chain.

TREE NEWS reports: Founders Fund required Polymarket CEO Shayne Coplan to repay company-paid private jet flights and rent before the fund invested in the prediction market in 2025. ICE has also joined the push for a chief operating officer at Polymarket. The report did not disclose the size of Founders Fund’s investment or the terms of the expense repayment.

TREE NEWS reports: Bitcoin’s price resistance near $87,000 has been reinforced by investors who bought BTC in late 2025. The on-chain data provider identified $87.7K as the key level, with those recent buyers now acting as a supply overhang that limits upside. The finding ties the current technical ceiling to the cost basis of late-2025 entrants.

TREE NEWS reports: UK banks received 10,000 complaints in 90 days over blocked crypto transfers. Lloyds drew the most complaints despite having no published policy restricting crypto transfers. The figures cover customer grievances filed over a three-month period.

TREE NEWS update: Shinhan and SBI will assess safeguards for travelers and whether stablecoins can speed up trade settlement between South Korea and Japan, using tourist spending as a test case for yen-denominated stablecoins. The companies did not disclose a timeline or the size of the pilot.