Rising Sun (SUN) news

Coinbase Faces $1 Billion Lawsuit After wBTC Suspension

Coinbase plans to delist wBTC, sparking a $1 billion lawsuit from BiT Global. The case raises questions about compliance and competition in crypto.

Released with Great Hype: Developers Allegedly Dumped Big on This Altcoin

According to Onchain data, developers may be selling large amounts of this newly released altcoin.

Federal judge says Coinbase can delist wBTC, denying Justin Sun-affiliated BiT Global's bid for a temporary restraining order

Quick Take A California judge has ruled that Coinbase can delist wrapped bitcoin while denying BiT Global’s request for a temporary restraining order. Coinbase announced it would remove the tokenized bitcoin product after its custodian partnered with the Hong Kong-based firm with ties to Justin Sun. A Coinbase representative said the exchange may look to sanction the plaintiffs for bringing a spurious lawsuit.

Ethereum Price Momentum Strong Above $4,000, Targets $4,500 Next

Justin Sun invests $37.3M in EIGEN and boosts market activity

Justin Sun Withdrew $209M in ETH from Lido Finance - Will the Altcoin Price Fall?

Justin Sun’s Massive Ethereum Play Sends Shockwaves Through the Market

The Blockchain Bulletin, Dec 17: Justin Sun’s 53K ETH Purchase Sparks Hope

Coinbase responds to Justin Sun-connected BiT Global's lawsuit over delisting wBTC

Quick Take Coinbase responded to a lawsuit filed last week by BiT Global arguing the exchange defamed the Justin Sun-affiliated entity and sought to monopolize the tokenized bitcoin market by delisting wBTC. In August, BitGo announced BiT Gl0bal would become the custodian for the largest tokenized bitcoin product — a move that Coinbase argued increased protocol risk. Coinbase has since launched a rival version of wrapped bitcoin, cbBTC.

Ethereum Price Momentum Strong Above $4,000, Targets $4,500 Next

Ethereum’s strong support at $4,000, driven by significant buying, suggests stability. Breakout above $4,100 could push Ethereum toward $4,200 and $4,500 resistance. RSI nearing overbought levels and MACD divergence signal potential short-term pullback.

Ethereum Sees Green as Tron’s Justin Sun Hints at Buying 52,900 ETH – What’s Next?

Trump’s crypto project World Liberty Financial buys ONDO tokens worth $250,000

Share link:In this post: Trump’s crypto lending and borrowing project, World Liberty Financial, has spent 250,000 USDC to purchase ONDO tokens. According to Arkham Intelligence, the DeFi platform purchased 134,216 ONDO through the Cow Protocol on December 16th at 6:51 UTC+8. According to CoinMarketCap, ONDO has surged by 12.8% in the last 24 hours and is up 28.61% in the previous seven days.

Trump’s WLFI Invests $45M in Crypto

Justin Sun calls out Coinbase’s leadership over wBTC delisting controversy

Share link:In this post: Justin Sun has challenged Coinbase executives over the exchange’s asset listing arrangements. Coinbase’s decision to delist wrapped Bitcoin (wBTC) has ignited legal action from BiT Global. Coinbase CLO Grewal defended the delisting, citing safety and legality concerns.

BiT Global files lawsuit against Coinbase over allegations of breaching antitrust laws by delisting WBTC

The antitrust lawsuit accused Coinbase of using its market dominance to replace WBTC with cbBTC for profit.

Coinbase’s wBTC Delisting Sparks Controversy Amid $1 Billion Lawsuit and Industry Insiders’ Concerns

Justin Sun Criticizes Coinbase for Delisting Wrapped Bitcoin

Coinbase’s asset-agnostic policy faces scrutiny over wBTC delisting and cbBTC launch. BiT Global’s lawsuit highlights concerns over fairness in crypto exchange policies. wBTC growth persists despite Coinbase’s delisting and rise of competitor cbBTC.

Justin Sun-connected BiT Global sues Coinbase for delisting wBTC and launching competitor

Quick Take Justin Sun’s BiT Global is suing Coinbase for delisting wBTC and launching a competing product. In August, BitGo named BiT Global and a BiT Global subsidiary as key maintainers of the wBTC protocol.

Trump’s crypto venture WLFI is not as shady as it looks. Or is it?

Share link:In this post: Trump’s new crypto company, WLFI, is working with TRON, a blockchain infamous for its usage for illegal transactions by groups like Hamas and Hezbollah. Trump and his partner Steve Witkoff could make a lot of money from WLFI, and people are worried it creates serious conflicts of interest. TRON’s founder, Justin Sun, is under investigation by the SEC for fraud, and TRX has been linked to millions of dollars in frozen criminal funds.

Crypto startups attract $800 million in VC backing during November

Projects building applications in the decentralized finance ecosystem saw a 31% growth in funding.

Justin Sun Taunts Microsoft Shareholders Over Bitcoin

Tron CEO Justin Sun Calls Ripple CTO To Make Special Request

Donald Trump’s World Liberty Financial Spends $12M in 24 Hours on 3 Cryptocurrencies

Justin Sun Moves $119 Million in Ethereum – Is It a Cash-Out or Strategic Play?

Microsoft Rejects Bitcoin Investment Proposal Citing Risks

Crypto Community Criticizes Microsoft’s Bitcoin Rejection

Microsoft shareholders have voted against the Bitcoin investment plan. Justin Sun ridiculed the company’s decision of watching BTC grow on the sidelines. Donald Trump wants Bitcoin at $150,000 during his presidency.

Cryptocurrency Billionaire Justin Sun Makes New Moves After Recent Rises

Justin Sun, one of the wealthiest names in the cryptocurrency world, has made new moves according to onchain data.

Justin Sun talks about buying Bitcoin under $1 and creating smart contract

Share link:In this post: Justin Sun bought Bitcoin for less than $1 and helped create smart contracts. He joined Ripple Labs and invested in Ethereum’s ICO. Sun worked on building a faster, cheaper blockchain for smart contracts.

In Light of the Bull Rally, the Crypto Community’s Top 20 Altcoins of Interest in the Last Week Revealed

Which altcoins are the crypto community showing the most interest in during the bull rally? Here is a ranked list of 20 altcoin trends.

Ethereum ETF Records $800M—Is ETH Poised for $5,000?