Terraform Labs Kwon to get Montenegro court hearing May 11 on passport forgery charges
Kwon Do-hyeong will have a court hearing on May 11 in Montenegro on charges of allegedly attempting to travel using a false passport.
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Bitcoin, Ether gain, but hold losses for the week; U.S. equity futures lose ground
Bitcoin rose on Monday morning in Asia but was boxed in below US$28,000. Ether and most other top 10 tokens gained, but not by enough to erase losses for the past week.
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Weekly Market Wrap: Can Bitcoin float above US$27,500 after sinking below US$30,000?
Bitcoin fell to US$28,000 in the same week the European Parliament passed its landmark crypto framework. Industry analysts told Forkast that holding US$27,500 will be crucial for Bitcoin in order to spark an upward momentum.
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Abu Dhabi calls for feedback on proposed legal framework for decentralized economy: CoinDesk
The UAE’s registration authority of Abu Dhabi Global Market is seeking feedback on its proposed legislative framework for distributed ledger technology, which will focus on disclosures, liquidation, and governance structures, according to a report by CoinDesk
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Bitcoin, Ether decline; equities fall amid U.S.-China tension
Bitcoin and Ether fell by the end of Asian trading hours on Friday afternoon, together with all top 10 non-stablecoin cryptocurrencies by market capitalization apart from the BNB token. Asian equities declined along with U.S. futures, amid mounting political pressure between China and the U.S. Fast facts See related article: EU green lights MICA but…
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Sotheby’s to auction off NFTs owned by defunct hedge fund Three Arrows Capital
Leading auction house Sotheby’s said it will sell NFT artworks owned by the bankrupt crypto hedge fund Three Arrows Capital.
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Bitcoin falls to near US$28,000, Ether flat, U.S. equities slide on rate hike worries
Bitcoin fell to near US$28,000 on Friday morning in Asia, with Ether trading flat and most other top 10 non-stablecoin tokens losing steam.
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From billionaire to Montenegro jail: The rapid rise and fall of Terra chief Do Kwon
South Korea’s Do Kwon went from a poster boy of digital finance as a co-founder of the US$40 billion Singapore-based Terraform Labs to a fugitive on Interpol’s wanted list, all in a matter of several rollercoaster years. He’s now in a Montenegro jail where he may face more time in detention as the U.S. and…
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Bittrex in SEC’s crosshairs as compliance lawsuits keep coming
Top blockchain and crypto news: Bittrex in SEC line of fire. Bored Apes fall after whale sale. Chinese banks court crypto clients.
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Bitcoin trades below US$29,000, Ether slips, as market eyes Europe’s MiCA vote
Bitcoin and Ether fell during afternoon trading hours in Asia on Thursday, while most other top 10 non-stablecoin cryptocurrencies by market capitalization strengthened. Crypto investors were cautious ahead of Europe’s vote on the Markets in Crypto Assets (MiCA) bill.