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Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more….

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Yield generation app Stablegains is facing a lawsuit after losing around $44 million worth of user funds in the Terra collapse when it previously said it allocated funds “across a number of stablecoins”.

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Coin Market

Bitcoin price drops to $75K as new Hormuz closure puts focus on oil

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Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route.

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Coin Market

Aluminum giant Alcoa to sell dormant smelter to Bitcoin miner NYDIG: Report

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Alcoa is nearing a deal to sell its idle Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers.

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Coin Market

RaveDAO denies manipulation as Binance, Bitget probe RAVE trading activity

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RaveDAO denies involvement in RAVE token price surge and crash as Binance and Bitget launch investigations into suspected market manipulation.

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