The legal team representing Do Kwon, co-founder of Terraform Labs, has filed an appeal with the Montenegrin Supreme Court in an attempt to overturn their decision to hand over the entrepreneur for extradition. Based on The Korea Times report, Do Kwon’s lawyer submitted an appeal following Montenegro’s decision to hand him over to South Korean … Read more
In simpler terms, Grayscale has introduced a new product called the Bitcoin Mini Trust. This is a type of Bitcoin exchange-traded fund (ETF) with lower fees compared to its competitors, aiming to attract investors back to the table as the market becomes more crowded. Introduction of Bitcoin Mini Trust (BTC) Grayscale has seen large amounts … Read more
Web 3 data layer blockchain Syntropy rebrands to Synternet. This will involve visual changes including logo, colour, and website design. Synternet will also include new features to extend innovations within its ecosystem. In an exciting development revealed on Wednesday, Syntropy, the Web 3 data infrastructure platform, unveiled plans for a complete brand makeover, renaming itself … Read more
Approximately a decade has passed since the famed downfall of Mt Gox, the largest bitcoin exchange in history, leading to creditor updates on their outstanding claims. Potential payouts may commence as soon as May. Amidst this development, bitcoin continues its upward trend in value. Further potential heavy selling in the pipeline? The price of Bitcoin … Read more
Dexalot, the widely-used Avalanche-based decentralized exchange platform, is broadening its reach by debuting on Arbitrum, an Ethereum Layer-2 solution that facilitates fast and high-volume transactions without compromising on Ethereum’s leading smart contract functionality. Dexalot reached an important achievement with this announcement, marking the start of their plans to grow and explore opportunities outside the Avalanche … Read more