Crypto Crash Architect Do Kwon Faces Extradition: Will He Face Justice?
The High Court in Podgorica, Montenegro, approved the extradition of Do Kown, the co-founder and CEO of Terraform Labs (CRYPTO: LUNA), marking a pivotal moment in the ongoing legal proceedings against the crypto entrepreneur. The court’s ruling came in response…
EXCLUSIVE: Bitcoin Halving Looms — Miners Strategize To Weather The Storm
Major crypto miners recently discussed strategies to mitigate the impact of Bitcoin (CRYPTO: BTC) halving, set to take place in April 2024. They’re focused on being prepared, maintaining capital reserves and improving fleet efficiency to effectively navigate the challenges that…
SEC charges Kraken with unregistered operations and fund mixing
SEC has filed a lawsuit against Kraken. The SEC is alleging that the exchange has been conducting unregistered operations. Kraken is also accused of fund commingling. In a recent development, the US Securities and Exchange Commission (SEC) filed a lawsuit…
Major Bitcoin mining pool F2pool suspends response to US government sanctions
Bitcoin censorship concerns F2pool, a leading Chinese cryptocurrency mining (PoW) pool, has announced that it will stop filtering OFAC (U.S. Office of Foreign Assets Control) transactions until the community reaches a more comprehensive agreement. OFAC transaction filtering refers to measures…
Bitcoin wallet “Wallet of Satoshi†to be discontinued for US users
No longer available in the US On the 24th, the project that develops the wallet “Wallet of Satoshi†for the crypto asset (virtual currency) Bitcoin (BTC) announced that it will end its service to US users. The company did not…
Binance’s settlement with US authorities is good for the crypto industry: JP Morgan | CoinDesk JAPAN
Binance’s settlement with the US government is good for both the crypto industry and Binance, JPMorgan said in a research report on November 23. For the industry as a whole, the settlement “results in a significant reduction in the potential…
Virtual currency Bitcoin briefly reaches the $38,000 level, Coinbase stock price returns to May 2022 level | 25th Financial Tankan
11/25 (Saturday) morning market trends (compared to the previous day) Traditional finance US stocks mixed NY Dow: 35,390 +0.3% Nasdaq: 14,250 -0.1% Shanghai Composite Index: 3,040 -0.6% Nikkei average: 33,625 +0.5% USD/JPY: 149.3 -0.09% NVIDIA: 477.7 -1.9% Microsoft: 377.4 -0.1%…
Binance’s Mr. Zhao and the end of “borderless†crypto asset companies | CoinDesk JAPAN
November 21st marked the end of an era. Binance CEO Changpeng Zhao has resigned, admitting that he violated US anti-money laundering requirements even though Binance was not an American exchange. With this, the myth of “borderless†crypto assets (virtual currency)…
European Central Bank Governor Lagarde admits to son’s cryptocurrency investment losses
Loss in virtual currency investment European Central Bank President Christine Lagarde admitted on the 24th that her son had lost money investing in crypto assets. Reuters reported. This remark was made when Lagarde spoke with students in Frankfurt, Germany, at…
Ark’s Bitcoin strategy is also successful as GBTC’s negative deviation reaches single digits
GBTC market price becomes appropriate On the 24th, the discount (negative deviation) rate to net asset value (NAV) of the Bitcoin investment fund “GBTC†managed by crypto heritage (virtual currency) asset management company Grayscale Investments narrowed to -9.77%. This shows…