News with the tag "Jump Trading Group"

A new lawsuit filed by video game developer FractureLabs centers on high-frequency trading giant Jump Trading. The lawsuit accuses the firm of “fraud and deceit” regarding the sales of DIO tokens. This lawsuit is one of the high-profile legal battles in the industry over the past few weeks. The Alle...

Crypto market maker Jump Trading has started selling more Ethereum holdings, as per on-chain data platforms. This move may bring a correction in ETH price, similar to a more than 20% crash last week. Lookonchain in a post on August 14 reported that prominent crypto trading firm Jump Trading has star...

Ethereum, the second-largest cryptocurrency, recently experienced one of its most decisive crashes from late July to early August. Along with a broader market correction, the selling pressure is likely attributed to Jump Trading dumping more than $300M worth of ETH. Following this liquidation, Ether...

According to a blockchain data tracking service, Jump Trading has moved large amounts of ether to an address previously used to deposit coins to centralized exchanges.

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.

Jump Trading's Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol's current market cap.

Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other.

Although Jump has been scaling back its crypto-related operations, the reason for the business' parting of ways remains unclear, Bloomberg reported.

This makes the trading giant one of FTX’s top creditors, Lewis wrote, citing documents from the crypto exchange’s former chief operating officer, Constance Wang.

Crypto markets dropped sharply on Monday, with bitcoin’s price dipping below $25,000.