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U.S. prosecutors have declared their intention to appeal a recent decision by a Montenegrin high court regarding the extradition of Do Kwon, the former CEO of Terraform Labs, to South Korea.

US DOJ appeals Montenegro court’s extradition verdict favoring Do Kwon’s return to South Korea

The development is part of an ongoing legal saga involving multiple jurisdictions, including South Korea and the U.S., both of which have filed extradition requests for Kwon. According...

6 months ago

Crypto Perfume Receives Massive Backlash From Community

Binance’s ‘Crypto Perfume’ for Women Receives Industry-Wide Criticisms

Crypto exchange behemoth Binance has revealed a ‘crypto’ luxury perfume in a move to lure more women into the digital asset space. The fragrance was unveiled in c...

6 months ago

Alexander Razuvaev, a notable Russian economist and member of the supervisory board of the Guild of Financial Analysts and Risk Managers, recently made predictions concerning the future of Bitcoin following the onset of a Russian CBDC.

Russian economist sees bleak future for Bitcoin with the rise of digital ruble

The economist argued that the emergence of digital currencies, such as the digital ruble and other central bank digital currencies (CBDCs), would lead to a significant decrease in thei...

6 months ago

Spain has blocked OpenAI CEO Sam Altman’s Worldcoin by halting its data collection process involving iris scanning.

Spain blocks Sam Altman’s Worldcoin over data privacy concerns

The Spanish data protection authority, AEPD, has instructed Worldcoin (WLD) to cease collecting personal data through eye scans and use already collected data in Spain. Earli...

6 months ago

IBIT’s total inflows surpassed the $9 billion mark as prices plunged following bitcoin taking out a record high above $69.000.

BlackRock’s Bitcoin ETF Added a Record 12.6K BTC in Tuesday's Carnage

The BlackRock iShares Bitcoin ETF (IBIT) gobbled up over $778 million worth of bitcoin (BTC) on Tuesday as the fund's investors apparently bought the dip in the world's largest...

6 months ago

SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement

The U.S. Securities and Exchange Commission (SEC) Commissioners, Hester Peirce and Mark Uyeda, have publicly criticized the agency’s unclear cryptocurrency enforcement polic...

6 months ago

Dong Jin, a deputy to the NPC, suggested at the “Two Sessions” event that China should speed up its blockchain infrastructure development.

National People’s Congress member urges speeding up blockchain development in China

One member of the National People’s Congress suggested that China should accelerate the development of national blockchain infrastructure to support government services, the country's ...

6 months ago

Binance.US isn’t answering important questions, the SEC claims, but the crypto exchange says further requests exceeded the regulator’s bounds.

SEC claims Binance.US ‘unwilling’ to give info, requests court intervenes

Binance’s United States arm, Binance.US, hasn’t been providing answers to key questions relating to customer assets and other core elements of an ongoing investigation, the U.S. Secu...

6 months ago

Bitstamp, one of the world’s long-standing crypto exchanges, is poised to join its competitors catering to users in Singapore.

Bitstamp earns provisional crypto license in Singapore

The Monetary Authority of Singapore (MAS) has granted a provisional crypto license to crypto exchange Bitstamp as the platform expands its global footprint and presence in Asia. ...

6 months ago

ShapeShift’s $275,000 Settlement with SEC

SEC Accepts ShapeShift’s $275,000 Settlement Over Crypto Securities Charges

The U.S. Securities and Exchange Commission (SEC) has finalized its actions against cryptocurrency platform ShapeShift by accepting a $275,000 settlement. In a detailed ...

6 months ago