Category: Reviews

Jump Trading Sued for $4B Over Terra Collapse Role

Key Notes Terraform Labs’ liquidator, Todd Snyder, is suing Jump Trading for $4 billion. The lawsuit alleges Jump Trading made over $1.28 billion in profit by manipulating the TerraUSD (UST) stablecoin. Jump is accused of propping up the UST peg in May 2021 in a secret deal that granted it heavily discounted LUNA tokens. Terraform Labs’ court-appointed liquidator, Todd Snyder, has filed a $4 billion lawsuit against Jump Trading, its co-founder William DiSomma, and former president Kanav Kariya. The suit, filed in an Illinois district court, alleges the high-frequency trading…

Shiba Inu Burn Rate Rockets 3,915,071% as Altcoins See Rebound

Key Notes On December 19, Shibburn data shows that the SHIB burn rate spiked by 3,915,071.74%. This led to the removal of 21,611,748 SHIB from the ecosystem. SHIB price is 1.5% down, failing to complement the mild supply shock. In an unexpected twist, Shiba Inu SHIB $0.000007 24h volatility: 2.0% Market cap: $4.35 B Vol. 24h: $220.65 M has recorded a massive spike in burn rate within the last 24 hours. According to Shibburn, the dedicated burn tracker for the memecoin, a 3915071.74% surge in SHIB burn rate has been…

Coinbase Sues Three US States Over Prediction Market Products

Key Notes Coinbase filed lawsuits in Michigan, Illinois, and Connecticut to preempt state regulation of its new prediction market products. The core legal argument is that prediction markets are commodities under the exclusive jurisdiction of the federal CFTC, not state gambling authorities. Coinbase plans to launch the prediction markets for US customers in January 2026. Coinbase has filed lawsuits against financial regulators in Michigan, Illinois, and Connecticut, launching an aggressive preemptive challenge to prevent states from regulating its planned prediction market products. The legal filings seek court orders to affirm…

Crypto Market Digested Falling Inflation, Rising BOJ Rates

Key Notes The US CPI came in lower than the expected 3%. Japan’s CPI also declined, but the central bank increased the interest rates by 25 bps. Bitcoin, along with many leading altcoins, showed steady growth right after the macro announcements. The falling inflation in the US and Japan raised hopes for easier Fed policy, while Japan’s surprise rate hike added global tightening pressure. The US Consumer Price Index revealed a 2.7% year-over-year inflation for November, lower than the expected 3.1%, according to data from Investing.com. This was the first…

BNB Chain Launches Payments For Amazon’s AWS Customers: Can BNB Price Hold $830?

Key Notes BNB Chain integrates with AWS via BNP to offer faster settlements and reduced transaction costs for enterprise customers. Technical analysis shows BNB testing $830 support after double-top breakdown with $820 as next bearish target. Pepe Node presale approaches $2.6M target as meme coin projects capitalize on increased blockchain payment adoption. BNB Chain announced on Dec. 18 that AWS customers can now pay for services using BNB through Better Payment Network (BNP), built on BNB Chain. The integration targets faster settlement, lower transaction fees, and simpler cross-border payment execution.…

House of DOGE Issues 2025 Shareholder Letter: 730M Treasury, NASDAQ Listing, Payments Launch

Key Notes House of DOGE signed merger agreement with Brag House Holdings for early 2026 NASDAQ listing as publicly traded Dogecoin corporation. Treasury now exceeds 730 million DOGE under 10-year management agreement, ranking among largest institutional Dogecoin holders globally. Technical analysis shows bearish pennant formation with support at $0.12 and RSI at 33.09 signaling oversold conditions but no reversal yet. Dogecoin DOGE $0.12 24h volatility: 2.2% Market cap: $18.66 B Vol. 24h: $1.56 B price found support near $0.12 on Dec. 22, buoyed by the bullish tone of House of…

Bitcoin Mining Recovers Quickly After China Crackdown Claims, Network Metrics Stay Strong

Key Notes The reported 100 EH/s hashrate drop was largely driven by North American power curtailments during cold weather, not Chinese crackdowns. Foundry USA and Luxor pools accounted for roughly 200 EH/s of the decline, with most capacity recovered within days by December 17. Bitcoin’s global mining distribution now minimizes regional regulatory impact, with network hashrate remaining near 1 ZH/s despite localized disruptions. Bitcoin’s network quickly recovered after alleged large-scale mining shutdowns in Xinjiang on December 13, with data showing only a brief, modest impact on hashrate on December 18,…

NEAR Is Now Live on Solana as “Attention Is All You Need” Post Goes Viral

Key Notes The integration enables NEAR trading on Solana at $1.52, powered by cross-chain protocol NEAR Intents and Helius Labs’ Orb Markets. Collaboration gained momentum after industry figures praised NEAR’s technical team, comparing co-founder Illia Polosukhin to Solana’s Anatoly Yakovenko. Both protocols demonstrate shift from competitive to collaborative approach, allowing users to access multiple chain assets natively in single wallets. The NEAR token is now available for trading on Solana, powered by NEAR Intents and Orb Markets. This integration comes one day after Solana’s “Attention is All You Need” post…

Circle Partners Intuit to Bring Stablecoin Services to Credit Karma, Turbotax, Quickbooks

Key Notes Partnership aims to transform refunds, remittances, savings and payments using blockchain infrastructure instead of traditional systems. Intuit shares climbed over two percent following the announcement, reflecting positive investor sentiment toward crypto integration. Circle strengthens its market position as second-largest stablecoin provider through this strategic alliance with major fintech company. Financial services firm Intuit recently announced that it has entered a multi-year, strategic partnership with stablecoin provider Circle. Under the terms of the agreement, Intuit will leverage Circle’s USDC token and stablecoin infrastructure throughout its platform, which includes products…

Bitfinex Slashes Trading Fees to Zero in Bold Move Against DEX Competition

Key Notes The exchange will maintain profitability through withdrawal fees and capital markets services instead of trading commissions. Bitfinex faces intensifying competition as DEX daily volumes reached $11.63 billion, up from near zero in 2020. The zero-fee model applies to spot, margin, derivatives, securities, and OTC trading with no hidden charges planned. Bitfinex, a cryptocurrency exchange and sister company of Tether, has cut its maker and taker trading fees to zero in a long-term competitive strategy to grow its market share. Zero trading fees will apply to a diverse set…