Terraform Labs sued Jump Trading and senior executives for $4 billion, alleging the firm manipulated Terra’s ecosystem and unlawfully profited from the crash, the WSJ reported.
The total crypto market cap fell to $2.93 trillion, its lowest since April, erasing yearly gains as analysts anticipated further declines.
Crypto has tracked lower late this year despite pro-regulation shifts, ETF launches, and institutional buying, prompting analysts to question structural issues.
Bitwise has filed an initial registration for an ETF tracking Sui, joining the race to launch with Canary Captial and 21Shares.
SOL falls behind multiple altcoin competitors as its onchain activity, fee and DApp revenues slump. Cointelegraph explains why.
ETH rebounded toward $3,000 as stocks reacted positively to a cooler-than-anticipated CPI print, but this week’s $553 million spot ETHER ETF outflow could keep a cap on prices.
The lawsuit against the memecoin launch platform Pump.fun, Solana Labs, the Solana Foundation and Jito was amended to include new evidence over MEV trading practices.
Ethereum has dropped below $3,000 and is down 42% from its record high, prompting traders to question where the next bounce zone for the ETH price might be.
“Pure play” digital asset treasury companies will have to contend with volatility tied to the net asset value of their token holdings if they don’t build successful business ventures.
Forensic analysis suggests an attacker took control of a whale’s multisig wallet minutes after creation and has been slowly draining funds since.