Justin Sun and World Liberty Financial are embroiled in a legal battle over frozen crypto tokens valued up to $1 billion. A recent California court hearing did not deliver a final ruling but suggested that many of Sun's corporate claims should go to arbitration, while his personal claims might stay in court. The dispute centers on allegations that WLFI added blacklist functions to smart contracts to freeze Sun's tokens after he declined further investment. Both sides continue to contest the narrative, with WLFI also filing a defamation countersuit against Sun. The arbitration process and underlying legal issues could take months to resolve, highlighting risks in crypto token governance and investor relations.
Bitcoin surged close to $75,000, rising nearly 8% in 24 hours and 18% over the past week, fueled by a wave of short liquidations exceeding $4 billion in two days. This rapid price increase forced bearish traders to close positions, adding momentum to...
TRON's TRX token is showing strength around $0.333, supported by a treasury buildup to over 710 million TRX and $100 million inflows via deBridge in the last 30 days. The token maintains key support at $0.3224, with resistance levels at $0.3387 and h...
Ether surged 18% to above $2,250, leading a broad crypto rally that also boosted Bitcoin by nearly 8% to over $69,100, Solana by 10%, and XRP by 10%. The rally was sparked by the US Treasury's expansion of bond buyback operations, which improved liqu...
Bitcoin climbed above $64,000, marking the only major cryptocurrency with a notable daily gain while others slipped or stayed flat. Publicly listed bitcoin miners have reduced their computing power by 21% over three quarters to shift capacity towards...
In Q2 2026, Tron surpassed Ethereum to become the largest host of Tether's USDT stablecoin, growing its market cap to $89.2 billion. The blockchain's gasless transaction feature boosted adoption in emerging markets, enabling Tron to capture 52% of gl...
