A Singapore court has frozen about S$75 million worth of Bitcoin and USD Coin after a major crypto trading platform claimed an internal ledger error mistakenly credited 2,500 BTC and 2,500 Bitcoin Cash to a long-time customer in July 2024. The customer moved 780 BTC and converted 20 BTC to USDC, which the platform sought to recover. The court ordered the customer to disclose the location of the disputed assets and prevented their disposal while the case proceeds. The dispute centers on whether the mistakenly transferred crypto belongs to the platform or the customer, with the court finding a serious question over ownership and granting an injunction to protect the assets during litigation.
Chainlink (LINK) is trading near $9.49, up 1.31% in 24 hours, and currently forming a bullish pennant pattern, which suggests a pause in buying after a rally with controlled selling pressure. Analyst Quinten highlights that a confirmed breakout above...
Cardano (ADA) has shown a bullish signal on its daily charts, with the TD Sequential indicator suggesting a rebound starting from the $0.17 resistance level. Analyst Ali Martinez targets a near-term price of $0.20, supported by whale activity and tec...
SUI cryptocurrency fell 3.11% to around $0.6552 after breaking below its $0.67 support level, signaling bearish momentum. Analysts highlight the $0.642-$0.65 zone as a crucial area where buyers might defend the price to prevent further decline. If SU...
Avalanche's price hovers near $6.35 following the launch of the Neuberger Securitize High Income Tokenized Fund (HINC), a new fixed-income tokenized fund on its blockchain. The fund, sub-advised by Neuberger Berman, includes high-yield bonds, collate...
Ethereum is showing stronger market dominance and price gains compared to Bitcoin this quarter, with ETH rising over 20% versus Bitcoin's 9%. This shift is supported by macroeconomic factors like rising Treasury yields, which reduce risk capital in c...
