Flash News

TREE NEWS update: Prediction market platform Kalshi has applied to launch perpetual futures on foreign exchange and interest rates, expanding beyond event contracts. The move signals growing convergence between prediction markets and traditional financial derivatives.

TREE NEWS update: The US SEC has released the agenda for its 24-hour trading roundtable scheduled for September 17. The event will address key regulatory topics, potentially impacting crypto and securities markets. This signals continued regulatory scrutiny and dialogue on trading practices.

TREE NEWS reports: Kalshi’s head of institutional, Andy Ross, revealed that the exchange submitted a filing for perpetual futures on currencies and interest rates on Monday. This move extends a contract type that was not legally available onshore in May across most Wall Street asset classes.

TREE NEWS reports: Fairshake-affiliated PAC has deployed approximately $190,000 in advertising for the Massachusetts primary election. The spending targets local races, reflecting the crypto industry’s continued political engagement.

TREE NEWS reports: Crypto-backed PAC Fairshake has scaled back its advertising spending in the Massachusetts primary, with $189,000 allocated to support Representative Jake Auchincloss. This marks the group’s latest effort to influence the 2026 elections using funds from the crypto industry.

TREE NEWS reports: UK authorities froze $13.5 million in cash as part of an investigation into Sorare, a crypto fantasy sports platform and Premier League sponsor. The freeze followed a January 2025 court order from Westminster Magistrates’ Court.

TREE NEWS reports: A report suggests that using credit cards via FOMO and Robinhood Wallet to buy memecoins might circumvent card network restrictions on crypto transactions. This could raise regulatory and compliance concerns.

TREE NEWS update: The U.S. Securities and Exchange Commission announced the agenda and panelists for its Sept. 17, 2026, roundtable on preparations for 24-hour trading. The event will be held at the SEC’s headquarters in Washington, D.C., starting at 10 a.m. The roundtable aims to address operational and regulatory considerations for extended trading hours.

TREE NEWS update: The SEC charged Mark D. Hanf, former CEO of Pacific Private Money Group LLC, and Hoai-Nam Chu Phan, former COO of a subsidiary, with orchestrating a multimillion-dollar offering fraud. The scheme, based in the San Francisco Bay Area, allegedly operated like a Ponzi, defrauding investors. The charges were announced today.

TREE NEWS update: Prediction market Kalshi issued its first permanent ban to former Rep. George Santos and a three-year suspension to Laurie Buckhout after investigations into insider trading on event contracts. The platform cited violations of its policies on using non-public information, marking a notable enforcement action in the prediction market space.

TREE NEWS reports: Chainalysis has filed a lawsuit against the U.S. Department of Homeland Security (DHS) over a $95 million no-bid contract awarded to competitor TRM Labs for crypto tracking services. The suit alleges the contract was improperly granted without a competitive bidding process.

TREE NEWS reports: Ripple and Japanese exchange Coincheck have both launched digital asset custody services in Asia, marking a significant step for institutional adoption in the region. The moves highlight growing demand for secure custody solutions amid expanding crypto markets.

TREE NEWS update: South Korean authorities have arrested four Uzbek nationals accused of transferring USDT to a terrorist organization in Syria. The suspects allegedly used cryptocurrency to fund terrorist activities, highlighting the growing use of digital assets in illicit finance.

TREE NEWS reports: South Korean police arrested four individuals for using cryptocurrency to fund a Syrian terrorist group, marking a first for local investigators. The ringleader allegedly also received crypto from the group and sent back used cars and excavators.

TREE NEWS reports: Crypto wallets tied to the OFAC-sanctioned Lazarus Group transferred $30 million in digital assets through Hyperliquid, just weeks after regulators signaled a path for the exchange to enter US markets. The movement highlights ongoing security concerns and regulatory scrutiny in the crypto space.

TREE NEWS update: Security firm Huntress has uncovered a phishing campaign where hackers create fake Google Docs and Claude.ai pages to trick users into revealing their crypto wallet credentials. The attack leverages the trust in these popular platforms to harvest sensitive data, posing a significant threat to cryptocurrency holders.