Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin. Source: https://cointelegraph.com/news/terraform-labs-bitcoin-do-kwon-extradition-montenegro?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Terra-Linked Galois Capital Lost $40 Million on FTX—Now It Must Pay the SEC a Fine Too
Galois Capital, the crypto hedge fund that famously warned of the dangers around Terra’s LUNA and UST ahead of their 2022 collapse, has been charged by the U.S. Securities and Exchange Commission for misleading investors and for not properly safeguarding customer funds. The firm, which shut down in early 2023 after being impacted by the downfall of crypto exchange FTX,…
What is an Investment DAO?
Over the past few years, Decentralized Autonomous Organizations (DAOs) have become commonplace in cryptocurrency. Whether you discovered crypto through meme coins, NFTs, or DeFi, chances are you’ve interacted with a DAO somehow. DAOs are organizational structures for businesses or communities where control is spread via the distribution of tokens rather than hierarchy. They’re typically online communities focused on a specific…
Aave, Sky float partnership to bridge DeFi, TradFi
The plan would create markets for DAI-replacement USDS on Aave. Source: https://cointelegraph.com/news/aave-sky-float-partnership-bridge-defi-tradfi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How Epoch Summit is ‘Changing the Paradigm’ of Crypto Events
New crypto conference Epoch Summit is set to showcase blockchain infrastructure in the Asia-Pacific (APAC) region—and “change the paradigm” of crypto events, said founder John Park. The conference launches with an Official Infra Day at Korea Blockchain Week in Seoul on September 5, with the full event spanning two days at Andaz Singapore, from September 16-17. Park, the CEO of…
Report Disputes EIP-1559’s Role in Ethereum’s ‘Ultrasound Money’ Narrative
Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with the concept of “Ultrasound Money.” Odayan’s insights aim to clarify the transaction fee mechanism introduced by EIP-1559 and address widespread misunderstandings. Ethereum’s EIP-1559: Mark Odayan Calls for Rethinking ‘Ultrasound Money’ Links In a detailed analysis by 2077 Research, […] Source: https://news.bitcoin.com/report-disputes-eip-1559s-role-in-ethereums-ultrasound-money-narrative/
What Is ‘Rocky Rabbit’? The Telegram Tap-to-Earn Game and Airdrop Details
Amid the success of Hamster Kombat, there’s a new wave of Telegram tap-to-earn games that are remixing and building upon that premise—such as the Elon Musk-themed X Empire, as well as Rocky Rabbit. Like Hamster Kombat, Rocky Rabbit builds out more of a game around its core screen-tapping premise, letting you invest your in-game earnings to train a musclebound bunny,…
Meme Coin Prices Recover as Top Crypto Expert Predicts 10x Returns for New Crypto All-Stars Token
Meme coins are in the spotlight today, rallying after an extended period in the red. Thanks to this revival, several new coins are beginning to gain traction. The most prominent is Crypto All-Stars (STARS) – with one crypto expert even suggesting it could 10x in price after listing on exchanges. Meme Coins Roar Back to […] Source: https://news.bitcoin.com/meme-coin-prices-recover-as-top-crypto-expert-predicts-10x-returns-for-new-crypto-all-stars-token/
Bitcoin 'new' investor spike echoes 2019 BTC price peak — Analysis
Bitcoin investors who bought in at the March highs have been fighting choppy BTC price action ever since. Source: https://cointelegraph.com/news/bitcoin-new-investor-spike-echoes-2019-btc-price-peak-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Yonsei University Joins Ripple’s UBRI to Advance Blockchain Research in South Korea
Yonsei University in South Korea has joined Ripple’s University Blockchain Research Initiative (UBRI), becoming the 58th global partner and the 12th in the Asia Pacific region. This partnership aims to drive innovation in blockchain research across various disciplines, including artificial intelligence, finance, information systems, and management. Supported by Ripple’s funding and resources, Yonsei University will […] Source: https://news.bitcoin.com/yonsei-university-joins-ripples-ubri-to-advance-blockchain-research-in-south-korea/