BIT Mining bets on Solana, plans crypto war chest for $300m SOL treasury

2025-7-11 19:19

BIT Mining is ditching diversification to go all-in on Solana. The firm will liquidate its current crypto portfolio and raise up to $300 million to build a SOL-heavy treasury while staking its future on one chain. On July 10, NYSE-listed… origin »

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BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting

BiT Global, a crypto custody firm tied to entrepreneur Justin Sun, has voluntarily dismissed its lawsuit against Coinbase over the delisting of Wrapped Bitcoin (WBTC). The move ends a months-long legal dispute that spotlighted growing tensions between centralized exchanges and token custodians as control over key infrastructure becomes increasingly contested.

2025-6-10 00:15


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

BiT Global has filed a lawsuit against Coinbase, the largest crypto trading platform in the United States, according to a Dec. 13 court filing. The Justin Sun-linked crypto custodian alleged that the US exchange unfairly removed wrapped Bitcoin (WBTC) from its platform to favor its in-house product, Coinbase Wrapped Bitcoin (cbBTC).

2024-12-15 03:00


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FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement allows FTX to withdraw $175 million in digital assets held on Bybit’s platform and sell about $53 million in BIT tokens to Mirana […] The post FTX reaches $228 million settlement with Bybit amid bankruptcy efforts appeared first on CryptoSlate.

2024-10-29 14:30