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LAB token crashes 90% in 48 hours, wiping out $5B market cap amid manipulation claims

Market News
08 Jul 2026
Bitcoin
View Source
Bearish
pluang ai news

LAB token, native to LAB Trade, plunged nearly 90% from $17 to $1.25 within 48 hours, erasing over $5 billion in market value. The crash sparked allegations of insider control and market manipulation, with the LAB team blaming large external sellers. Crypto investigator ZachXBT criticized major centralized exchanges for not intervening and warned investors to avoid trading LAB. This event highlights risks of manipulation in volatile crypto tokens and ongoing scrutiny of exchange practices.

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Lawsuit challenges government-led censorship of Covid vaccine injury discussions on social media.

Lawsuit challenges government-led censorship of Covid vaccine injury discussions on social media.

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Columbus Circle Capital Corp III prices $200M IPO, trading starts July 9 on Nasdaq.

Columbus Circle Capital Corp III prices $200M IPO, trading starts July 9 on Nasdaq.

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Global golf simulators market to reach $5.5B by 2035 with 8.6% CAGR, driven by tech advances and rising home use

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The global golf simulators market, valued at $2.4 billion in 2025, is projected to grow to $5.5 billion by 2035 at an 8.6% CAGR. Growth is fueled by technological improvements, increased commercial and residential use, and rising demand for indoor go...

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Bullish
2 hours ago
Aimei Health ends merger deal with United Hydrogen after missing deadline.

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Aimei Health Technology Co., Ltd. has terminated its business combination agreement with United Hydrogen Group Inc. due to failure to complete the merger by the agreed deadline. The termination was effective immediately as the closing did not occur b...

Company Fundamentals
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2 hours ago
BellRing Brands names Michael Axelrod as new CEO to lead growth and innovation.

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BellRing Brands has appointed Michael Axelrod as its new President and CEO, effective July 29, 2026, succeeding Darcy Davenport who will retire but remain as an advisor. Axelrod brings over 30 years of experience in consumer packaged goods, including...

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