Jump Trading Sells Ethereum: Smart Move or Sign of Trouble?
Jump Trading’s massive Ethereum sell-off coincided with the Japanese market crash, raising questions about its strategy and market exit.
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Jump Trading’s massive Ethereum sell-off coincided with the Japanese market crash, raising questions about its strategy and market exit.
Celsius initiated a $125 million ETH transfer to repay creditors, allocating $95.5 million to Coinbase. FTX and Alameda transferred $28 million in crypto for creditor repayment efforts.
Wormhole, once under Jump Crypto, the digital-asset unit of Jump Trading, has emerged as an autonomous entity amid its parent firm's downsizing in the unpredictable crypto landscape.
The vulnerability was discovered in Celer’s State Guardian Network, a Proof-of-Stake (PoS) blockchain it operates.
Coinbase has explored the possibility of setting up a cryptocurrency trading platform outside of the US.
The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice.
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