Flash News

TREE NEWS update: MapQuest’s app now includes an optional map layer that plots known license plate readers from Flock Safety and other vendors. The feature lets drivers see where the cameras are located as public backlash against the surveillance technology grows.

TREE NEWS update: Cysic has suspended its bridge after an attacker minted 10 million CYS tokens and bridged roughly $727,000 in proceeds to Ethereum. The funds were moved through Mayan, deBridge and SWFT’s Bridgers, the project said. The suspension follows the unauthorized mint, which let the attacker extract value across chains.

TREE NEWS reports: DWF Labs said the market has not fully priced in the potential of AI and crypto convergence, noting that frontier capital is still flowing mainly into space, robotics and AI rather than crypto. The firm said agent trading and payments are picking up, and that compute markets running on crypto networks could become a theme over the next year as AI capital expenditure and model development move into execution.

TREE NEWS reports: Crypto futures liquidations across the market totaled $355 million in the past 24 hours, with long positions accounting for $278 million and shorts $76.96 million, CoinGlass data shows. BTC liquidations reached $48.26 million and ETH $80.58 million, while the largest single liquidation, worth $7.27 million, occurred on Binance in the SOXSUSDT pair.

TREE NEWS update: Mark Karpelès, former CEO of Mt. Gox, said on X that he is developing a low-cost, easy-to-use device that can detect spy implants in hardware wallets without opening them. He plans to publish the device’s PCB design and specifications so anyone can build it themselves. The announcement was made on October 18.

TREE NEWS update: Qubic reported that attackers exploited insufficient randomness in wallet seed generation to access and transfer assets from 1,404 Qubic wallets between 23:42 UTC on Oct. 17 and 01:26 UTC on Oct. 18, moving about 2.94 trillion QU. The project said the flaw was in the wallet seed generation process, not in the Qubic protocol itself.

TREE NEWS reports: Bitcoin could shift to squeezing short positions next week after this week’s drop to around $80,000, trader Killa said. Liquidations have so far been mainly long positions. Killa flagged the $79,800 low as the level to watch for another sweep lower, and said a decisive reclaim of $83,600 is needed to break out of the current range; otherwise, range-bound trading and capitulation selling may persist.

TREE NEWS update: Qubic halted its network after a wallet drain of $1.3 million, the project said. 87.1% of the drained QU remains immobilized on its network, while MEXC froze the account receiving the remainder.

TREE NEWS reports: US spot bitcoin ETFs recorded a net outflow of $228.6 million this week, extending a $681.1 million drain from the prior week and bringing the two-week total to nearly $1 billion. The redemptions leave October deeply in negative territory for the funds, with the month now firmly in the red.

TREE NEWS update: Early bitcoin investor Roger Ver has reached a deferred prosecution agreement with the U.S. Department of Justice to resolve criminal charges of mail fraud and tax evasion, under which the indictment against him will be dismissed in one month if he complies with its terms. The IRS may recover up to $49.9 million from Ver, covering taxes, civil penalties and interest. Prosecutors had alleged Ver failed to pay at least $48 million in taxes after renouncing his U.S. citizenship in 2014.

TREE NEWS update: Binance founder CZ said he is unsure whether carrying a crypto phone is a good idea, responding to a proposal by BNB ecosystem member Spigg for a dedicated BNB handset. The device would integrate a native wallet, instant payments and transfers, and all BNB ecosystem DApps on one platform. CZ said he rarely disagrees with Spigg but did not explain his reservations or explicitly oppose the plan.

TREE NEWS reports: A majority of Americans polled oppose betting on elections, even as the prediction market industry enables wagers on US elections and sporting events. The finding comes as prediction markets face growing scrutiny over election-related contracts. No further details on the poll’s sample size or methodology were provided.

TREE NEWS reports: Justin Sun’s address (0x176…0a132) received 7.2 trillion PEPE tokens, worth $28.44 million, from a Poloniex multisig address 22 hours ago, on-chain analyst Ai Yi monitored. The transfer marks Sun’s return to PEPE trading after a two-year hiatus.

TREE NEWS reports: PAPER briefly broke above $0.035 before retreating to $0.02743. The token’s perpetual futures are now live on Hyperliquid’s HIP-3 market with up to 3x leverage.

TREE NEWS reports: TD Cowen lifted its price target on Strive to $56 from $44 on Oct. 16, as the company reportedly holds 35,600 BTC after weeks of sustained buying. Strive priced 7 million preferred shares at $90 each, raising about $630 million before fees — a structure that avoids immediate common-stock dilution but requires dividend payments. Strive shares fell 6.1% on Friday, in line with Strategy.

TREE NEWS reports: A wallet address linked to Justin Sun (0x176…0a132) received 7.2 trillion PEPE tokens worth $28.44 million from a Poloniex multisignature address 22 hours ago, on-chain analyst Ai Yi reported. It is the first PEPE on-chain transaction from that address since June 2024, when PEPE traded at $0.00001256.

TREE NEWS reports: Ether fell below $2,400 on October 18, trading at $2,398.61, down 0.50% on the day. The move marks a fresh intraday low for the second-largest cryptocurrency. No further context was provided in the price snapshot.

TREE NEWS reports: Hyperliquid bought back and burned about 11,340 HYPE tokens over the past 24 hours at an average price of $78.55, worth roughly $890,900, while platform fee revenue for the same period was estimated at about $764,900. Cumulative HYPE burns now total about 49.63 million tokens, valued at roughly $3.9 billion and equal to 4.96% of the 1 billion maximum supply. Hyperliquid’s revenue over the past 30 days was about $69.94 million.

TREE NEWS reports: Hyperliquid bought back and burned 11,340 HYPE in the past 24 hours at an average price of $78.55, worth $890,900. The protocol has now burned a cumulative 49.63 million HYPE, roughly $3.9 billion, equal to 4.96% of its 1 billion maximum supply. Estimated fees over the past 24 hours were $764,900, with revenue of $69.94 million over the past 30 days.

TREE NEWS reports: Crypto losses from 107 security incidents reached $1.18 billion in the third quarter of 2026, up 55% quarter-over-quarter. About $906.8 million of the total involved compromised vendors or developer tools, unpatched known vulnerabilities, and components outside the scope of the latest audits. Hacken said some derivatives trading platforms and prediction markets rely on inadequate key management, though no actively exploited vulnerabilities were found at those platforms.