Flash News

TREE NEWS update: A flash loan attack drained 1.01 million USDC from a Tranche Vault on Avalanche, Blockaid said. The attacker used the flash loan to mint inflated tranche shares and redeem the vault’s USDC. A balance check showed none left in the identified contract.

TREE NEWS update: Solflare’s validator node has stopped earning staking rewards following a security incident at a provider, with validator trackers showing about 1.56 million SOL staked with the node. Solflare said user funds are safe and is preparing an in-app migration.

TREE NEWS update: The liquid reserve shortfall has narrowed to 600 BTC following a test transfer, with Samson Mow stating the remaining funds will arrive in the coming days. The federation’s recovery plan requires full backing before direct peg-outs can resume.

TREE NEWS update: Polymarket has launched five-minute crypto contracts on its US app, covering BTC, ETH, SOL and XRP. The markets use CF Benchmarks prices, with ties settling Up and taker fees charged separately from the spread.

TREE NEWS update: Ripple’s RLUSD stablecoin is now live on Robinhood Chain and Bitstamp and will launch on the Robinhood app later this year. The move deepens ties between the two companies in treasury software and institutional trading loans.

TREE NEWS update: Ripple and Robinhood have expanded their partnership to make the RLUSD stablecoin available to retail and institutional markets. Ripple also broadened its collaboration with BNY on digital asset custody and teamed up with C2FO to bring trade finance settlement onto the XRP Ledger.

TREE NEWS reports: Bitwise’s BHYP ETF wallet (0x618…4318) received 47,390 HYPE, valued at $3.71 million, from Hyperliquid after unstaking its tokens. The transfer moves the tokens out of staking into the ETF-linked wallet.

TREE NEWS update: Predict.fun has completed refunds to affected users, on-chain data provider Onchain Lens said in a post on X. The announcement did not disclose the number of users repaid or the total value of the refunds. The item follows the prediction-market protocol’s earlier payout process to users whose funds were affected.

TREE NEWS reports: Circle’s USDC Treasury minted 250 million USDC on the Solana network at 02:35 Beijing time on October 28, worth about $250 million. Solscan data shows the mint transaction was received by a Circle address and has been confirmed. The mint was flagged by Whale Alert.

TREE NEWS reports: Circle’s Arc network now holds more than $1 billion in USDC, with its stablecoin market capitalization rising 32% in a week. Four addresses control roughly 73% of the network’s USDC, highlighting concentrated ownership on the platform.

TREE NEWS reports: A version-and-chain reference now distinguishes governance approval of the Uniswap fee switch from activated fee settings, collected assets and completed UNI token burns. The framework maps each stage across protocol versions and chains, separating what has been approved from what has actually been switched on. It also tracks which assets have been collected and whether UNI buybacks and burns have been completed.

TREE NEWS reports: Aave deposits earn through a single reserve, while Bitso’s Morpho vault delegates allocations to a curator. Neither balance guarantees immediate USDC withdrawals. The distinction matters for lenders weighing yield against exit liquidity.

TREE NEWS update: Crypto.com and OG.com have launched US crypto perpetual contracts that carry no expiration date and allow traders to bet on prices rising or falling, with leverage of up to 5x. The products mark the two platforms’ entry into US perpetual futures trading.

TREE NEWS update: Predict.fun said it will fully refund users after roughly 400,000 USDT was stolen from the platform. A preliminary investigation points to a possible compromise of its third-party API documentation site, which the platform has taken offline. The platform did not provide a timeline for the refunds.

TREE NEWS update: Myriad has voided 10 prediction markets following a compromise of an admin wallet, the platform said. Holders on both sides will receive automatic refunds at pre-attack prices, minus any winnings already claimed. The decision cancels all trading outcomes for the affected markets.

TREE NEWS update: Spicenet, a brokerage network for on-chain finance, has raised a $5 million Series A led by dao5, with Babylon and Astrarizon participating. Combined with its $3 million seed round co-led by Hack VC and Magnus Capital, total funding now stands at $8 million. The proceeds will fund the launch of cross-venue margin product Spice Edge and the SPICE token, plus initial liquidity for network products. Spice Flow’s beta has processed over $160,000 in trading volume.

TREE NEWS update: NEAR has added a confidential pre-IPO trading contract for Jio ahead of the Indian telecom giant’s listing. The contract offers up to 5x leverage and is expected to convert into an equity perpetual after the listing, without delivering shares or IPO allocations.