Flash News

TREE NEWS reports: Crypto futures liquidations across exchanges totaled $214 million over the past 24 hours, with long positions accounting for $153 million and shorts $61.33 million, CoinGlass data shows. Bitcoin liquidations reached $37.49 million and Ether $33.40 million. The largest single liquidation was a $5.10 million HYPERLIQUID-BTC-USD order.

TREE NEWS reports: The Rollup founder Andy said on X that an AI product designed for institutions moving on-chain and meeting specific risk-management policy requirements could launch within days, with several funds and asset managers already participating in trials. No launch date, product name or participating institutions were disclosed.

TREE NEWS update: Franklin Templeton’s digital assets unit has posted five job openings, including head of digital asset product strategy, head of Franklin Crypto fundraising, head of Franklin Crypto private credit, digital audience engagement project manager and vice president of crypto market business development. Application links were published in the replies to the firm’s post.

TREE NEWS update: Hardware wallet maker SecuX announced a “major system upgrade and emergency maintenance” on its app on Oct. 16 and said service had returned to normal at 3:34 p.m. that day. Later that evening, former Ripple CTO David “JoelKatz” Schwartz disclosed that the SecuX Android app pushed him a scam notification linking to a phishing page that asked for a 12/24-word recovery phrase. SecuX did not explain the cause and only reiterated it would never ask for recovery phrases; as of Oct. 17, multiple users reported the wallet remained inaccessible.

TREE NEWS update: Anthropic’s internal research model traced the five elliptic curve seeds the NSA supplied to NIST in the late 1990s to the lrand48 random number generator in an old C library, combined with 1997 and 1998 timestamps, in under half an hour. The model reproduced the widely used P-256 curve sequence, matching the published seed exactly at the 1,842nd candidate. Anthropic said the finding sharply lowers the likelihood of a hidden backdoor and that users of NIST curves need take no action.

TREE NEWS update: Three men were sentenced to at least five years in prison each at Bristol Crown Court on Oct. 15 for a violent home invasion aimed at stealing cryptocurrency from a Bristol residence. Terroll Paul, 31, Mohamed Samagassi, 37, and Pierre Madzou, 30, forced entry on May 15, beat the victim and demanded large amounts of digital currency; the victim was hospitalized with head injuries. All three pleaded guilty to aggravated burglary, receiving six, five and five-and-a-half years respectively.

TREE NEWS reports: LayerZero will unlock 23.4 million ZRO tokens worth about $44.7 million, the largest of this week’s scheduled releases. Plasma is set to unlock 230 million tokens valued at roughly $18.34 million, while Humanity Protocol will release 270 million tokens worth about $15.56 million. SoSoValue and SOON will also unlock tokens, valued at approximately $6.91 million and $6.2 million respectively.

TREE NEWS reports: Hyperliquid’s STRK perpetual contract traded at $0.0665, down about 13% from the prior day’s reference price, leaving two whale long positions deep in the red. The largest STRK long, holding roughly 64.2 million STRK worth about $4.25 million on 5x cross margin, is sitting on an unrealized loss of about $1.019 million, a return of roughly -96%. A second address was liquidated on about 21.36 million STRK worth $1.466 million, realizing a loss of about $207,000, then reopened a roughly 4.79 million STRK long valued at about $319,000 on 5x isolated margin with a liquidation price near $0.059.

TREE NEWS reports: Solana has gone two years without a reported mainnet outage, Fidelity’s FCAT said in a report, citing progress in resilience, economic security and performance. High staking participation and incentives rewarding validator performance underpin its economic security, while low latency and cheap transactions support scaling. The report said staking concentration among a few validators and operators, plus custody and client software concentration, bear watching. Solana Foundation VP of Technology Jacob Creech said slot time fell to 350 milliseconds on Aug. 21, with plans to reach 200 milliseconds.

TREE NEWS update: Shanghai Solana Enterprise Management Co. was registered in June with 5 million yuan in registered capital, with Solana China co-lead Claire Du (Du Yanjing) as legal representative. In August the company took a 45% stake in a joint venture, Shanghai Yaokun Qiusuo Digital Technology Co., with 10 million yuan in capital, chaired by Solana Foundation China co-lead Even Jiang (Jiang Yiwen) and with Du as a director.

TREE NEWS reports: Solana has had no reported mainnet outages in two years, Fidelity said in a report, while flagging that concentrations in stake, hosting and client software should be monitored. The assessment credits the network’s operational resilience but calls for continued observation of key risk areas.

TREE NEWS update: An attacker exploited UNCX Network’s Smart Token Vesting V2 on Oct. 14, using a set of public vesting operations to create a mismatch between pool token balances and recorded shares, allowing controlled positions to withdraw excess tokens. The exploit hit Ethereum, BNB Chain, Base and Robinhood across 10 tokens in 11 confirmed withdrawal transactions, with verified economic value of about $807,600, of which BNB Chain accounted for roughly $567,500. None of the calls used admin privileges, and white hats have since returned 82.1435 million X tokens and 23.8682 ETH.

TREE NEWS reports: The team behind the TRUMP token earned between $779 million and $1.16 billion in profit from token holders. Buyers of the token have lost 97% of their investment, Ki Young Ju said in a post.

TREE NEWS update: Shenzhen Feilinkosu said on an investor interaction platform that it is expanding its mid-to-high-end data center switch products and domestic substitution solutions in the ICT sector, with diverse implementation plans and project resources in reserve. The company said its switch product line now covers data centers, enterprise networks, campus networks and industrial-grade applications.

TREE NEWS reports: A Bank for International Settlements working paper found that rising U.S. bank deposit rates are associated with slower stablecoin market-cap growth. Using weekly U.S. data from January 2019 to June 2025 and controlling for bitcoin prices, Treasury yields and financial conditions, the authors estimate that a 1-basis-point weekly rise in the average deposit rate corresponds to roughly a 3-percentage-point reduction in cumulative stablecoin growth over the following ten weeks, to about 12% from a 15% average. USDC reacted more strongly than USDT. The views are the authors’ and not necessarily those of the BIS or its member central banks.

TREE NEWS update: OpenSpace, an open-source space ecosystem, launched on October 17 at the 2026 AOE Aerospace Ecosystem Conference, with nine founding parties including Beijing Kaiyun United Information Technology Group, Oriental Space, Galaxy Space and Beihang University. The affiliated Open-Source Computing Constellation plans an initial 2,600 satellites—1,000 general-computing, 1,000 intelligent/supercomputing, 500 edge-computing and 100 quantum-computing—designed to operate as in-orbit “space servers.”

TREE NEWS update: Tesla’s next-generation Roadster made its public debut, featuring cold-gas thruster technology that releases stored high-pressure gas to generate thrust for adjusting the vehicle’s attitude in the air and assisting deceleration on landing. Chinese commercial space firm Chuanyuezhe said the approach shares the same technical lineage as the high-pressure cold-gas retro-thruster landing buffer it has already validated, having completed a full-scale landing buffer verification test with its CYZ1 crewed spacecraft test cabin.

TREE NEWS update: BitTorrent burned 21,621,611,570,729.6 BTT, worth about $7,600,907, on Oct. 16, completing the first buyback-and-burn round funded entirely by third-quarter decentralized business revenue. The next day it published a new whitepaper setting out a three-part architecture: the BitTorrent main network, the BTTInferGrid decentralized compute layer and the BTTC cross-chain settlement network, all unified by the BTT token.

TREE NEWS update: Arthur Hayes said the quantum computing threat to crypto is a known and manageable risk and does not justify selling bitcoin, pointing to wallet management as the practical defense. He cited avoiding address reuse and using newer signature types, noting most of the risk is concentrated among users who mismanage their addresses.