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.

Jump Trading’s massive Ethereum sell-off coincided with the Japanese market crash, raising questions about its strategy and market exit.
On June 10, 2024, UwU Lend was attacked, and the project owner lost about 19.3 million US dollars. SharkTeam immediately conducted a technical analysis of the incident and summarized security precautions.
On June 10, 2024, according to the SlowMist MistEye security monitoring system, UwU Lend, a platform providing digital asset lending services on the EVM chain, was attacked and suffered a loss of approximately US$19.3 million.
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.
According to reports, GameStop has hired 20 members for its new NFT department, and is about to reach cooperation with two encryption companies on NFT game development.