Flash News

TREE NEWS reports: Animoca Brands chairman Yat Siu said AI agents can execute trades around the clock, including while users sleep, but warned that traders must prepare for the possibility of losing access to those bots at any time. His remarks frame continuous automated trading as a convenience paired with an operational risk users should plan for.

TREE NEWS reports: Cardano’s ADA has flashed a sell signal after its SuperTrend indicator turned bearish, crypto analyst Ali said, noting the last similar signal on May 22 was followed by a 46% price correction. The $0.21 level is the key support and the lower bound of ADA’s rising channel; a daily close below it could break the channel and send the price toward $0.17. Wallets holding 100 million to 1 billion ADA have kept positions steady over the past 10 days.

TREE NEWS reports: Victims recovered $9.8 million of the $1.18 billion traced across 60 crypto exploits between January and August, Blockaid found, and every dollar frozen or returned came through governance or validator action rather than issuer blacklists. The security firm’s data indicates issuer-level blacklisting recovered nothing in those incidents.

TREE NEWS update: Walt is planning to offer AI-driven perpetuals trading through integrations with Mira, ChatGPT and Claude, with order execution disabled by default. AI agents would be confined to a dedicated trading account that users must choose to fund, the company said. The setup keeps automated trading opt-in and separated from users’ main balances.

TREE NEWS update: Switzerland’s financial regulator FINMA has approved a retail exchange-traded fund that holds bitcoin directly, marking the first time Swiss retail investors can access a bitcoin-only ETF. The regulator did not name the fund or its issuer, and warned that the investment remains highly risky.

TREE NEWS update: Tether Capital, the investment arm of stablecoin issuer Tether, participated in a $1.5 billion Series E funding round for AI chip company Tenstorrent, valuing the company at $6.2 billion post-round. Tenstorrent, led by chip architect Jim Keller, develops high-performance AI processors, server systems and software aimed at open AI computing infrastructure. The company plans to use the proceeds to scale production of its Galaxy server systems, advance AI chip and CPU development and expand global commercial operations.

TREE NEWS update: Switzerland’s Financial Market Supervisory Authority (FINMA) on Oct. 20 approved the country’s first spot Bitcoin ETF directly holding Bitcoin for retail investors. The product falls under the “other alternative investment fund” category and offers regulated Bitcoin exposure. FINMA waived standard diversification requirements while imposing stricter custody, disclosure and investor-suitability rules, and warned of Bitcoin price volatility and potential significant losses. The issuer, manager, ticker and listing date have not been disclosed.

TREE NEWS update: FINMA approved Switzerland’s first Bitcoin ETF for retail investors, citing growing appetite for cryptocurrency investments. Multiple fund providers have submitted Bitcoin ETF applications, the regulator said. The approval marks Switzerland’s first retail-accessible Bitcoin ETF.

TREE NEWS reports: Stablecoins now move more than $400 million per hour on average, with off-hours transfers dominating activity. At current growth rates, stablecoin adjusted transfer volume is on track to reach $1.5 trillion per quarter by the end of 2027, the report said.

TREE NEWS update: Liquid has restored Bitcoin swaps while peg-outs remain frozen, with reserves still covering about 85.8% of outstanding L-BTC, leaving a roughly 603 BTC shortfall. The network confirmed the swap restoration but did not say when peg-outs would resume, leaving holders unable to redeem L-BTC for BTC at full backing.

TREE NEWS update: Yingling AG on Oct. 20 released a classic controller and a 4G video transmission enhancement module for its A1 drone, expanding advanced aerial photography scenarios. The update is aimed at panoramic aerial creation, the company said. No pricing or availability details were disclosed.

TREE NEWS reports: The exploiter behind the April 1 Drift hack has sent $61 million in ETH to Tornado Cash while retaining $194 million, the on-chain movement shows. The attack caused about $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation.

TREE NEWS update: FINMA has approved Switzerland’s first spot bitcoin ETF open to retail investors, following earlier crypto ETP listings and a fund that was restricted to qualified investors. The approval marks the first time Swiss retail investors can access a spot bitcoin ETF. No launch date, issuer or fee details were disclosed.

TREE NEWS reports: Stand With Crypto says it has logged thousands of complaints against UK banks, including Lloyds and Barclays, over crypto transfer limits and outright bans. The advocacy group’s figures come as the country prepares to install its crypto regulatory regime in 2027. The complaints put bank-level restrictions on customer transfers to crypto platforms under scrutiny.

TREE NEWS update: France has moved its budget vote carrying a proposed stablecoin tax to Nov. 3. The measure would end tax deferral on gains from swaps into single-currency stablecoins starting January 2027. The proposal still requires further parliamentary votes before it can become law.

TREE NEWS update: Former FTX COO Constance Wang said the trailer for Netflix’s upcoming FTX documentary upset her within its first 30 seconds, criticizing the streamer’s portrayal of her former colleagues as inconsistent with her own experience of Sam Bankman-Fried and Caroline Ellison. Wang made the remarks about the series ahead of its release.

TREE NEWS update: A court in Kazakhstan has ordered restrictions on Coinbase, BingX and four other cryptocurrency platforms, while nine other crypto platforms voluntarily restricted app access in the country, prompting the regulator to withdraw its claims against them. The ruling targets six platforms in total, with the remaining nine avoiding action by complying voluntarily.

TREE NEWS update: Walt, the app formerly known as Wallet in Telegram, now lets AI agents open and close perpetual trades on behalf of users. The agents trade only from an account the user funds, cannot move money out, and start with order execution switched off. The app announced the feature for its Telegram-based interface.