Extradition Battle Win For Do Kwon: Montenegro Court Decision Reversed, LUNC Jumps 13%
In a significant turn of events, a court in Montenegro has overturned the extradition order of Do Kwon, co-founder of Terraform Labs, to the United States or South Korea....
Binance And CZ Grapple With Massive $2.7 Billion Fines In CFTC Court Verdict
Amid the legal proceedings Binance and its former CEO faced, a US court has issued an order imposing significant fines on the cryptocurrency exchange and Changpeng Zhao (CZ) for...
Pro-XRP Lawyer Sounds Alarm As Warren’s Crypto Bill Gains 20% Senate Support
In a move that has ignited strong reactions within the crypto community, Senator Elizabeth Warren recently introduced the Digital Asset Anti-Money Laundering Act. This bill aims to impose stricter...
Meta Reaches Settlement With Qatari Billionaire In Crypto Scam Ad Case
According to a report by the Financial Times, Meta (formerly known as Facebook) has publicly apologized to Qatari billionaire Wissam al Mana and pledged to provide additional safeguards after...
Ripple Envisions $5 Trillion Worth Of CBDCs In Major Economies by 2030, New White...
Blockchain company Ripple has recently released a comprehensive white paper shedding light on central bank digital currencies (CBDCs). The document offers an analysis of CBDCs’ potential benefits, associated risks,...
Bitcoin ETF Outlook Brightens As SEC Chair Promises Regulatory Updates Post Court Decisions
In a recent interview with CNBC, Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), provided insights into the status of spot Bitcoin ETF applications and...
Alarming Crypto Theft: North Korea-Linked Lazarus Group Accounts For 20% Of 2023’s Losses
The Lazarus Group, a hacker organization linked to North Korea, has been responsible for crypto hacking incidents resulting in over $300 million in losses in 2023. This accounts for...
Bitcoin Rewards Platform Lolli Raises $8M In Series B Funding To Scale Enterprise Offering
According to a TechCrunch report, Lolli, a popular Bitcoin (BTC) and cashback rewards application has successfully raised $8 million in a Series B funding round.
The latest investment, led by...
Do Kwon’s Detention Prolonged Until 2024 As Montenegro Responds To Extradition Requests
According to an International Business Times report, Montenegro’s Supreme Court decided to extend the detention of TerraForm Labs founder and CEO Do Kwon until February 2024, following extradition requests...
Crypto Assets Triumph As Commodities, But Face Regulatory “Turf War,” Says US CFTC Chair
In the ongoing clash between regulatory bodies over the classification and regulation of the crypto industry, CFTC Chair Rostin Behnam has added fuel to the fire by stating that...