Flash News

TREE NEWS update: Liu Haixing, head of the International Department of the Communist Party of China Central Committee, met separately in Beijing with Cuban Foreign Minister Bruno Rodríguez, special envoy of the Cuban party and government, and Colombian House Speaker Jaime Salamanca. The talks covered implementing the consensus reached by their leaders, strengthening inter-party exchanges and cooperation, and advancing state-to-state relations.

TREE NEWS update: Kalshi has attributed a CFTC warning of imminent charges to a ‘procedural error,’ after the derivatives regulator reportedly told the $40 billion prediction market that enforcement action over how it notified the agency about new products could come soon. The dispute centers on Kalshi’s product-notification process.

TREE NEWS update: Italy’s education minister said on November 11 that 300 schools across the country have received bomb threats, and the number may rise further. The figure was given as authorities respond to the threats. No further details on the origin of the threats or any evacuations were immediately provided.

TREE NEWS update: Israel’s opposition bloc led by Gadi Eisenkot, head of the Integrity Party, submitted several bills to the 26th Knesset on the day it was sworn in, Israeli media reported. The bills would repeal the Netanyahu government’s judicial overhaul legislation and impose term limits on the prime minister. The 26th Knesset held its swearing-in ceremony on the same day.

TREE NEWS update: China’s Ministry of Housing and Urban-Rural Development launched a nationwide special campaign on Wednesday to prevent falls from height in housing and municipal construction projects, running until February 6, 2027, ahead of the Spring Festival. Regulators will conduct full-coverage inspections and differentiated oversight, and by March 31, 2027, all projects under construction must have their construction safety supervision certificates reissued as electronic licenses. Reissuance requires on-site pre-construction checks of fall-protection measures, and projects that fail to meet conditions will not receive new certificates or permission to start work.

TREE NEWS reports: China’s Financial Product Online Marketing Measures have been in effect for one month, with industry compliance rectification entering a critical phase. Platforms have moved credit product entrances to product checkout pages after separating credit and payment tools at cashier points, and inducement tactics such as priority placement and automatic checkboxes remain, even as regulators crack down on “low-threshold” advertising.

TREE NEWS update: Crosschain protocol Across has restored its systems after attackers took control of its official domain through a social engineering attack on domain registrar Namecheap. The hijack gave the attackers control of Across’s official web address, and the protocol has since recovered its systems. Across did not disclose how long the domain was compromised or whether any funds were affected.

TREE NEWS reports: ByteDance plans to launch an AI assistant similar to Meta’s Muse within the next few weeks, co-founder Zhang Yiming told an all-hands meeting of its AI teams, aiming to defend its lead in AI video generation and close the gap with top US labs within about three years. Zhang said ByteDance can compete with Anthropic and OpenAI at the frontier but warned matching them will take until at least 2029 or 2030.

TREE NEWS update: Slovak Prime Minister Robert Fico and Czech Prime Minister Andrej Babiš publicly opposed German Chancellor Friedrich Merz’s proposal that all EU member states jointly cover Ukraine’s 2027 financing gap. The two leaders voiced their opposition at a joint meeting of the Slovak and Czech governments in Bratislava on June 10.

TREE NEWS update: Iran’s Islamic Revolutionary Guard Corps Navy said two oil tankers struck mines and exploded violently late on the night before, while attempting to leave the Strait of Hormuz via an unauthorized route. The statement, dated the 11th local time, said the vessels were trying to exit secretly without Iranian authorization. No further details on casualties, cargo or vessel identities were given.

TREE NEWS reports: The New York Stock Exchange will use Avalanche infrastructure, but experts say the arrangement will not necessarily boost the price of AVAX, the network’s native token. The question now is whether Avalanche can translate the NYSE integration into value capture for AVAX holders.

TREE NEWS update: Shengyi Technology said it has not received any notification from a customer canceling orders, after investors asked about market chatter that Nvidia had scrapped M9 orders due to quality problems. The company said on its investor interaction platform that production and operations are normal and orders are full, adding it would not comment on the origin or intent of the online rumor. Shengyi did not name Nvidia in its response.

TREE NEWS update: A tanker carrying the first batch of Russian diesel to the US under a US-Russia diesel agreement is stranded in the North Atlantic. US Energy Secretary Chris Wright said on the 10th that the vessel will head to other ports and that Washington hopes the cargo is ultimately sold on the international market.

TREE NEWS reports: Abraxas Capital’s two addresses holding ZEC short positions on Hyperliquid are sitting on $34.98 million in unrealized gains on those ZEC positions alone, after the token’s price plunged below $1,000. Total unrealized profit across the two addresses’ open positions stands at $118 million.

TREE NEWS update: China’s national broadcasting and television services industry recorded total revenue of 1,133.088 billion yuan in the first three quarters of 2026, up 8.02% year on year, according to preliminary figures released by the National Radio and Television Administration. Actual operating income reached 1,018.456 billion yuan, an increase of 8.97% from a year earlier.

TREE NEWS update: Xingyun Technology plans to repurchase RMB 200 million to RMB 300 million of its shares at a maximum price of RMB 44.35 per share, equivalent to 4.5096 million to 6.7644 million shares, or 0.49% to 0.73% of total share capital. All repurchased shares will be used for sale to maintain company value and shareholder interests, with the program running within three months of board approval.

TREE NEWS update: Hyperwave will wind down its protocol on Dec 16, citing operating costs and regulatory uncertainty, the project announced. All vaults are now withdrawal-only, including GWAVE, which can be unstaked at any time, and users are urged to withdraw funds before that date, after which remaining net value will be returned to wallets holding vault tokens. Vaults will keep generating yield while converting assets to support withdrawals, and 100% of pre-shutdown vault revenue will fund HWAVE buybacks and burns.

TREE NEWS update: Iran’s Supreme National Security Council Secretary Mohsen Rezaei said on June 11 that Iran will not allow any enriched uranium to be transported out of the country. Rezaei said in a media interview that Iran has told Russia the enriched uranium will remain inside Iran for its own use, adding that Iran needs enriched uranium to design nuclear-powered ships and submarines.

TREE NEWS update: The MegaETH Foundation has rebranded as MEGA and earmarked $30 million for new product development, stating the entity “has no equity and one token.” Its first new product, a public market for AI inference on MegaETH, is set to open in December. The foundation disclosed the changes without providing further details on the funding source or structure.