Category: Latest news
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Montenegro court rejects Do Kwon’s appeal, clears way for extradition to South Korea
[ad_1] The Appellate Court of Montenegro has declined Do Kwon’s appeal to halt his extradition to South Korea, according to a March 20 notice. In its ruling, the Court affirmed the High Court’s decision to deport Kwon, the co-founder of now-defunct Terraform Labs, to face criminal charges in South Korea. These charges are linked to…
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Ethereum Foundation facing inquiry by unknown ‘state authority’
[ad_1] The Ethereum Foundation has been issued its first subpoena by an unknown “state authority” — a development disclosed after the foundation removed the “Warrant Canary” from its website. The disclosure was made in a GitHub repository update and marks a significant moment of government interaction with the foundation. The event has raised several questions…
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StarkNet STRK token sees 10% surge following ambitious 2024 roadmap reveal
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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Bitcoin ‘extreme greed’ ends matching sentiment from ETF launch at $46k
[ad_1] After 13 days in an ‘extreme greed’ phase of Bitcoin euphoria, the drop to $61,000 has pushed investor sentiment back into plain ‘greed,’ according to Coinglass. As of press time, Bitcoin is trading at $63,700, just 13% down from its all-time high. At a level of 74 out of 100 on the fear and…
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Sybil attack concerns spark controversy for EtherFi airdropped ETHFI token
[ad_1] Liquid restaking platform EtherFi’s ETHFI token has faced considerable struggles since its airdrop, partly due to one of its early investors selling their airdropped tokens. Blockchain analytical firm Nansen reported how Arrington XRP Capital, one of EtherFi’s investors, allegedly may have gamed EtherFi’s airdrop process for personal profit. Arrington ‘sybils’ EtherFi Nansen’s findings reveal that…
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SBF lawyers slam ‘death-in-prison’ sentence proposal citing lack of losses
[ad_1] Sam Bankman-Fried’s (SBF) lawyers have heavily criticized the Department of Justice’s sentencing memorandum in a March 19 letter to Judge Lewis Kaplan. In the letter, the lawyers described the DOJ’s proposed maximum sentence of 50 years imprisonment for SBF as “disturbing” and “with marked hostility.” According to the lawyers: “The memorandum distorts reality to…
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First back-to-back net outflows for Bitcoin ETFs since late January due to $443 million GBTC outflow
[ad_1] Bitcoin ETFs saw a second day of outflows on March 19, the first instances of back-to-back outflows since Jan 25. Net outflows totaled $362 million, with Grayscale accounting for all outflows at $443 million. Most funds saw no net movement, with BlackRock, Fidelity, and Bitwise seeing inflows, according to Bitmex Research. BlackRock recorded just…
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Solana drops over 15% in a single day, giving up entirety of weekly gains
[ad_1] Solana (SOL) fell 15.9% on March 19 to a five-day low of $166 after a week-long rally that briefly took it close to $210 as it a new all-time high market cap of around $92 billion. As of press time, SOL had recovered some of the losses as market momentum shifted to bullish after…
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SEC delays lower expectations of Ethereum ETF approval by May despite staking additions
[ad_1] The US SEC has delayed the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs), recent regulatory filings show. The delays affect proposals from investment firms, including VanEck, Ark Invest, Hashdex, and Grayscale — which has added a staking component to its ETH ETF application along with Fidelity — sparking discussions about the…
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Genesis and Gemini’s Earn program closure leads to $2 billion settlement offer for affected users
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…