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.comBitstamp 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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