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Bitcoin News Roundup for Sept. 10, 2020
With bitcoin lawsuits in the news and SushiSwap's migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 9:54 a.m. Published Sep 10, 2020, 4:00 p.m.
With bitcoin lawsuits in the news and SushiSwap's migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today’s stories:
Ether Traders May Be Hedging Against DeFi Slowdown: Analyst
Some are calling the white-hot Defi space a bubble that is unsustainable.
Judge Dismisses $200M Damages Claim in AT&T Crypto Hack Lawsuit
AT&T has won a motion to dismiss a $200 million punitive damages claim from Mike Terpin, who lost $24 million in crypto via SIM hack.
Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin.
SushiSwap Migration Ushers in Era of 'Protocol Politicians'
SushiSwap, the community-owned automated market maker, now has a new set of leaders – offering a preview of the future of crypto politics.
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Norway's sovereign wealth fund supports Metaplanet bitcoin plan ahead of EGM vote
Norges Bank, which holds a 0.3% stake in Metaplanet voted in favor of for all five proposals ahead of the Dec. 22 EGM.
What to know:
- Norway’s sovereign wealth fund, which holds about 0.3% of Metaplanet, voted in favour of all five proposals ahead of the company’s Dec. 22 Extraordinary General Meeting, backing its Bitcoin treasury strategy.
- The proposals introduce perpetual preferred shares and expand capital flexibility to support non dilutive Bitcoin accumulation.
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