The defunct crypto hedge fund, Three Arrows Capital (3AC), has taken legal action against TerraForm Labs, a bankrupt digital assets company co-founded by Do Kwon, in an attempt to recover funds for its creditors. The liquidators of 3AC are alleging that TerraForm Labs manipulated the market for Luna and TerraUSD, resulting in artificially inflated prices
The US spot Ethereum ETFs saw a total inflow of $4.9 million on Monday, showcasing positive investor sentiment towards Ethereum. Grayscale Ethereum Trust (ETHE) notably did not record any withdrawals, marking a significant milestone since its conversion to an ETF. After experiencing 14 days of outflows, ETHE finally saw a pause in this trend. This
In a recent court filing, a US appeals court made the decision to partially overturn the dismissal of a class-action lawsuit against Binance.US, the US arm of the global Binance exchange. The plaintiff, Ryan Cox, was found to have valid claims against both Binance.US and CoinMarketCap for allegedly manipulating the price of the Hex token.
The current market conditions have left many new Bitcoin investors facing financial stress. Various metrics point towards a bearish environment, highlighting factors that can worsen market volatility, increase selling pressure, and contribute to further price declines. The Short-Term Holder MVRV (Market Value to Realized Value) and the standard deviation (SD) of the short-term holder Cost-Basis
As recent trading activities reveal, Ethereum is currently at a crucial point in its trading journey. The formation of a bearish triangle pattern signifies a potential significant breakout. If the cryptocurrency breaches the lower boundary of this triangle, it could lead to a sharp decline towards the $2,160 target. This article aims to delve deeper
Unioverse, a popular sci-fi franchise and gaming platform, is making waves once again with the launch of its latest game, Hoverdrome. If you are in search of an exhilarating gaming experience that combines the best elements of Mario Kart and Rocket League, then Hoverdrome is the perfect game for you. However, this isn’t just any
In recent days, Ethereum (ETH) has managed to recover from a significant downturn that occurred at the beginning of the past week. After experiencing a crash on August 5th, which saw its price drop to $2,112, Ethereum has made a modest recovery, climbing back above the $2,600 level. The digital asset is now eyeing the
As discussions between industry leaders and White House officials continue, Pro-Bitcoin Democrat House Representative and lawyer Ro Khanna anticipates that the Biden administration will soon unveil a cryptocurrency regulation roadmap. Khanna expressed hope that these forthcoming regulations will provide clear guidelines for companies to ensure compliance while fostering innovation and job creation within the United
Sui (SUI) has recently seen a remarkable 125% increase in just one week, largely due to the introduction of Grayscale’s Sui Trust. This surge has placed SUI among the top cryptocurrencies, with a daily increase of over 9% and a weekly surge of 70%, currently trading at approximately $1 according to CoinGecko data. The significant
Gala Games has recently rolled out a new feature that allows users to log in to their platforms using their Telegram accounts. This Single Sign-On (SSO) option aims to streamline the process of accessing Gala platforms, such as Gala Games, Gala Music, and Gala Film, by eliminating the need for usernames and passwords. By incorporating
