Blockchain News

Coinbase Lawsuit: BiT Global Abruptly Drops Legal Action Over wBTC Delisting

In a significant development in the crypto legal landscape, BiT Global, a Hong Kong-based cryptocurrency exchange with backing from TRON founder Justin Sun, has reportedly dropped its lawsuit against major US exchange Coinbase. The legal action, initiated last December, stemmed from Coinbase’s decision to delist wBTC (Wrapped Bitcoin). What Led to the Coinbase and BiT […]

Bitcoin News

Giant Whale Executes $20M WBTC Trade on CoW Swap

A giant whale has made significant waves in the cryptocurrency market with a single, massive transaction. On-chain data reveals a notable movement involving Wrapped Bitcoin (WBTC) and a large sum of Tether (USDT) executed on the decentralized exchange, CoW Swap. Understanding the Giant Whale‘s Strategy When a whale moves large amounts of digital assets, the […]