Midday News Update #Web3

⚖️ CZ files to dismiss FTX estate’s $1.76B lawsuit, claiming U.S. court lacks jurisdiction over him as a UAE resident.

📤 Cumberland and Abraxas_Capital have collectively withdrawn over 46K ETH, raising on-chain activity questions.

🏦 BitBridge pivots into a Bitcoin reserve company, eyeing BTC-backed loan products as part of its new roadmap.

📈 ABCDE Co-founder Du Jun predicts Ethereum could surge to $20K, citing long-term fundamentals.

⛽ Ethereum Foundation shares scaling progress: Mainnet gas limit raised to 45M — a key step toward greater scalability.

#CryptoNews #Ethereum #Binance #FTX #BTC #DeFi #Web3 #ETH #Onchain