Chainalysis Wins Dismissal in Celsius Lawsuit, Singapore Crypto Volumes Soar

Chainalysis has secured a major victory in its ongoing legal battle against Celsius. The company's lawsuit, which alleged that Chainalysis had failed to properly audit Celsius' on-chain activity, has seen most of its claims dismissed by the court, except for one: the audit case.

In a separate development, Singapore has reclaimed its position as the top crypto hub, with its total cryptocurrency transaction volume growing by 55.4% year-over-year to $284 billion during the twelve months ending in June 2026.

Meanwhile, KelpDAO is suing LayerZero and co-founder Bryan Pellegrino over a $292 million exploit, arguing that weaknesses and security failures connected to the platform contributed to the loss.