According to Do Kwon’s legal team, a Montenegrin High Court made a Feb. 21 ruling to extradite the Terraform co-founder to the United States “based on erroneous information.” Terraform Labs co-founder Do Kwon may not be extradited to the United States in time for the firm’s trial with the country’s Securities and Exchange Commission (SEC),...Continue Reading

The firm’s ASIC orders have increased while pricing decreased, leading to an overall negative revenue growth. Despite an ongoing crypto bull market, it appears that demand for Bitcoin application-specific integrated circuit (ASIC) miners and servers has been lukewarm. On Feb. 27, Bitcoin ASIC manufacturer Canaan reported Q4 2023 earnings. In its report, the company disclosed...Continue Reading

Casa co-founder Jameson Lopp doubts the approval of any other crypto ETF in the near future: X Hall of Flame Jameson Lopp, the co-founder of Bitcoin (BTC) security provider Casa, isnt feeling as hopeful as the rest of the crypto industry about the United States Securities and Exchange Commission (SEC) giving the green light to...Continue Reading

Crypto.com will promote the BTG Dol stablecoin by pairing it with digital assets like Bitcoin and Ether on its trading platform. BTG Pactual, one of the biggest banking institutions in Latin America, has joined with Crypto.com in a push to advance crypto banking within the region.  On Feb. 27, Crypto.com announced that it will list...Continue Reading

The region has ambitions to become a global tech hub with a focus on crypto, blockchain and AI, as highlighted by Nathan Kim, marketing director at UNOPND. The crypto and blockchain industries have made significant headway in becoming functional sectors around the world. However, in some parts of the world, such as Southeast Asia, there...Continue Reading

Solana’s latest outage was its first in nearly a year and around half a dozen in the past two years, but despite that, the blockchain is thriving with network activity and a token price surge. The Solana network experienced a significant outage on Feb. 6 at 10:22 am UTC, with block production halted for over...Continue Reading

The partnership between Ripple and Axelar is part of a strategic move into tokenizing real-world assets. Ripple is partnering with the Axelar Foundation to add interoperability to the XRP Ledger (XRPL) blockchain, targeting the next stage of growth for the tokenization of real-world assets (RWAs). The partnership will enable developers to use Axelar’s General Message...Continue Reading

Amid strong inflows into Bitcoin ETFs, BTC price hit a new two-year high of over $57,000 as its market cap breached $1.1 trillion. The nine spot Bitcoin exchange-traded funds (ETFs) that started trading publicly on Jan. 11 have amassed 300,000 Bitcoin (BTC) worth $17 billion in less than two months of their public debut. The...Continue Reading

The platform will host major cryptocurrency pairings with the Turkish lira, such as USDT, BTC and ETH, along with “sophisticated crypto functionalities.” The second biggest global cryptocurrency exchange, OKX, has officially launched OKX TR for users in Turkey. The company revealed the launch on Feb. 27.  OKX TR features a Turkish lira fiat on-ramp and...Continue Reading

The list contains several crypto firms among companies trading without the correct licenses. The National Securities Market Commission (CNMV), Spain’s principal financial regulator, has published a list of 18 companies operating in the country without a proper license.  The CNMV published the list on Feb. 26. While it doesn’t contain household names, there are several...Continue Reading