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In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political implications of the extradition. Report Details Do Kwon’s U.S. Extradition … Read more
According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records from the federal elections. Crypto Leaders Amplify Blockchain PAC’s Influence With … Read more
This week, a prison snapshot featuring Sam Bankman-Fried (SBF), the ex-FTX chief, was released by the independent journalist Tiffany Fong. Capturing the first glimpse of SBF since his detention, the image places the once-prominent cryptocurrency magnate alongside five other detainees within the confines of the Metropolitan Detention Center (MDC) in Brooklyn. First Look: SBF Behind … Read more
Cryptocurrency advocate John Deaton has formally announced his candidacy for the Senate in Massachusetts, setting his sights on unseating the current Democratic Senator Elizabeth Warren from her position. “I’m excited for the opportunity to fight for change, and for the people of Massachusetts in the United States Senate,” Deaton wrote on Tuesday. Deaton vs. Warren: … Read more
Ethereum, the second-largest cryptocurrency by market capitalization, surged close to the $3000 mark in the last 24 hours, peaking at $2983. On-chain reports reveal a trend of significant accumulation among Ethereum whales, indicating growing interest and confidence in the digital asset. According to on-chain data, Galaxy Digital, a prominent player in the cryptocurrency space, withdrew … Read more
Since the resurgence of the markets in mid-October 2023, numerous cryptocurrency assets have witnessed substantial profits, aligning with the average trade returns. This trend has predominantly favored wallets over a medium to long term horizon, signaling widespread profitability across various projects. 🧮 Based on average trading returns, many assets have seen understandably high profits since … Read more
On Tuesday, CME Group unveiled plans to introduce micro euro-denominated bitcoin and ether futures, set to debut on March 18, contingent on regulatory green lights. These euro-based offerings will mirror their U.S. dollar-based equivalents, each representing one-tenth of the respective cryptocurrency’s value. CME Group Announces Micro Euro-Denominated Bitcoin and Ether Futures Launch Following the 2021 … Read more
The BONE token, a pivotal governance asset within the Shibarium ecosystem, is poised for a significant transformation with the anticipated integration of dynamic staking on Layer 2, mirroring Ethereum’s acclaimed Lido Protocol. In an unexpected turn of events, the value of BONE has skyrocketed by an astonishing 8000%. Insights gleaned from Shibarium scan data reveal … Read more
In recent developments within the cryptocurrency market, $CRV, the native token of the decentralized autonomous organization Curve DAO, has experienced a decline of nearly 4% over the past 24 hours. According to insights gleaned from on-chain reports by Lookonchain, a wallet associated with Michael Egorov, the esteemed founder of Curve.fi, has initiated a noteworthy transaction. … Read more
A major setback has hit the cryptocurrency exchange FixedFloat, known for its fully automatic operations and lightning network integration. The exchange fell victim to a security breach, resulting in the loss of approximately 1,728 Ethereum and 409 Bitcoin, with a combined value of $25.85 million. The majority of the stolen Ethereum has already been transferred … Read more