Flash News

TREE NEWS reports: A Bitcoin address dormant since 2013 moved 411.45 BTC, worth about $33.4 million, Galaxy Research reported. The wallet is among those named in the “Noah Doe” lawsuit. The transfer marks the first movement of funds from the address in over a decade.

TREE NEWS update: Metaplanet is set to acquire a 93.7% stake in Super League through a transaction valued at 2,100 BTC, the company said. The deal would give the Japanese Bitcoin treasury firm access to US capital markets, where it plans to use preferred stock offerings to finance additional Bitcoin purchases.

TREE NEWS update: Frax has announced a six-currency foreign-exchange lineup on Aerodrome, the Base-based decentralized exchange. The six Base pools held about $241,000 in liquidity and recorded roughly $20,000 in trading over 24 hours.

TREE NEWS update: Coinbase has partnered with cross-border payments firm Thunes to enable bank and mobile-wallet payouts, with Coinbase supplying stablecoin infrastructure and Thunes providing local payout connections. The partners did not specify launch timing or which markets the service will cover. The arrangement links Coinbase’s stablecoin rails to Thunes’ local payout network.

TREE NEWS update: Strive added 1,223 BTC to its treasury for $335 million, lifting its total holdings to 36,818 BTC. The purchase follows an earlier buy that pushed the Bitcoin treasury company past MARA Holdings, and Strive is continuing to expand its reserves through equity financing.

TREE NEWS update: Mesh, a crypto payments network, has partnered with Visa to let users spend cryptocurrency and stablecoin balances directly from participating wallet apps at roughly 175 million Visa merchant locations worldwide, both online and in-store, without needing a separate card, pre-selling or transferring funds. Mesh handles fund routing and conversion between crypto, stablecoins and fiat, and manages onboarding and KYC, while merchants receive payment as standard without new equipment. The first participating platforms and launch timing will be announced separately.

TREE NEWS reports: Multicoin Capital holds Hyperliquid’s HYPE token as the largest position in its hedge fund, general partner and venture co-head Spencer Applebaum said, adding that the tokens were all bought on the public market. The firm, which manages about $2.7 billion, will not follow peers such as Paradigm into pure AI and robotics investing and will stay focused on crypto assets, Applebaum said. Its $422 million venture fund raised in 2022 has deployed slowly after startup valuations fell following FTX’s collapse.

TREE NEWS update: Mastercard unveiled Stablecoin Security, a risk-intelligence service that lets financial institutions assess stablecoin payment risk before funds move on-chain, at the Money20/20 USA conference. The tool traces fund origins and flags potential links to fraud, scams, sanctions violations and other financial crime, integrating via API into banks’ existing anti-fraud and compliance systems. Borderless.xyz and Keyrails are the first partners; the service launches first in North America, with global commercial availability expected in 2027.

TREE NEWS update: Apple told a California federal court that Hannibal IP LLC abruptly ended 5G licensing talks and then sued the company for infringement, breaching their contract. In a complaint filed Friday in the Northern District of California, Apple said Hannibal, an affiliate of Longhorn IP LLC, had negotiated with Apple since 2022, including multiple online meetings and email exchanges. Hannibal sued Apple in a Texas federal court in August over smartphone and tablet patents without warning, Apple said.

TREE NEWS update: SharpLink said it has deployed $400 million across Ether.fi and Lido, following its August plan to stake $200 million through Lido and hold wstETH with Anchorage. The company described both allocations as deployed. It did not disclose further details on the deployment.

TREE NEWS update: Mesh has partnered with Visa to let users spend crypto and stablecoin balances directly from wallet apps without first selling or transferring the assets. The integration removes the need for a separate card. No specific launch date or fee structure was disclosed.

TREE NEWS reports: Bitcoin failed to rally alongside equities as a sell wall at $83,000 kept the largest cryptocurrency in a tight trading range. The rejection came as US bond yields reversed higher, pressuring risk assets. BTC’s price action showed no improvement even as stock markets moved higher.

TREE NEWS reports: Bitcoin is repeatedly testing the same support level as oil at $108 a barrel and 5% yields pressure risk assets. The chart is described as a coiled spring rather than a trend, indicating the cryptocurrency is consolidating at that floor without a clear directional breakout.

TREE NEWS update: Mastercard unveiled Stablecoin Security, a risk screening service designed to screen stablecoin payments for fraud and sanctions risks. The service is launching first in North America, with global availability planned for 2027, the payments company said. The tool is intended to help payment participants assess risk before stablecoin transactions are processed.

TREE NEWS reports: StoneX reiterated its Buy rating and $57 price target on Galaxy Digital (GLXY), stating the market undervalues the company’s Helios AI data center business despite concerns over CoreWeave’s debt. The call frames the AI infrastructure unit as a value driver that investors are not fully pricing in.

TREE NEWS update: Visa and Mesh are planning to let consumers spend crypto directly from their wallet balances, with merchants receiving fiat through Visa payments while Mesh handles the conversion. Initial availability and participating platforms have yet to be announced. The partnership aims to simplify crypto payments at merchants by handling conversion behind the scenes.

TREE NEWS reports: Crypto futures liquidations across major exchanges totaled $334 million in the past 24 hours, with $175 million in long positions and $160 million in shorts, CoinGlass data show. BTC liquidations reached $65.89 million and ETH $112 million. The largest single liquidation was a $11.81 million ETHUSDT order on Binance.

TREE NEWS update: SkyAI has sold its entire Solana treasury and now holds $223.8 million in cash, the company said as it launched a $201 million buyback. The $3-per-share buyback will run through Oct. 29.

TREE NEWS update: AI chip startup Tenstorrent closed a $1.5 billion Series E round, reaching a post-money valuation of $6.2 billion. Tether was among the investors in the round. The deal marks one of the largest AI funding rounds involving a crypto company as a participant.

TREE NEWS update: Charles Hoskinson said he is developing a new programming language for Cardano using Groth16 proofs, working with Lucas Rosa, a co-creator of the Aiken smart contract language. The Cardano founder has not disclosed the language’s name, released any code, or given a launch timeline.