Matador Technologies Adds Bitcoin to Treasury Amid Diversification Push

Canadian crypto firm Matador Technologies announced a major shift in its capital preservation strategy this week after its Board of Directors unanimously approved the addition of Bitcoin and USD-denominated assets to its corporate treasury. The goal behind this decision is to mitigate risks associated with the company’s reliance on Canadian dollar-denominated assets, which marks a…

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Web3Bay’s Rise in E-Commerce: A Strong Contender to Chainlink & Polkadot with 6,430% ROI

How is blockchain technology addressing real-world issues in the Web3 realm? Networks like Chainlink and Polkadot illustrate the potential, using technology to solve tangible problems, thereby enhancing value for users and investors. Chainlink integrates blockchain with off-chain data, enriching smart contracts with live updates. Polkadot enhances interoperability, enabling various blockchains to interact seamlessly. In this…

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Caduceus Partners with Port3 Network to Boost Decentralized Innovation

Caduceus, a well-known decentralized platform focusing on Web3, Metaverse, and AI, has announced a collaboration with Port3 Network. The partnership between Caduceus and Port3 targets to advance the decentralized innovation. The platform disclosed this endeavor on its social media account. Excited to announce @Caduceus_CAD partnership with @Port3Network ! #Port3 is building a scalable, decentralized data…

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Montenegro Rejects Do Kwon’s Appeal, US Extradition is Likely

Montenegro’s Constitutional Court has rejected an appeal by Do Kwon, the co-founder of Terraform Labs, against his extradition. This decision removes a significant legal barrier in the extradition process.  The decision was reportedly unanimous. It cited legal flaws in Kwon’s appeal and affirmed a previous ruling supporting extradition. Do Kwon is Likely to be Extradited…

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Band Protocol Integrates X Layer to Expand Cross-chain Interoperability and Real-World Data Access

Band Protocol, a cross-chain data oracle network, has announced a strategic partnership with OKX’s X Layer, a zero-knowledge (ZK)-powered layer 2 network. Through the collaboration, Band Protocol integrated its data oracle chain on the X Layer network to strengthen blockchain interoperability and offer dApps with smooth access to real-world data. Band Protocol described the alliance…

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Montenegro court rejects Do Kwon’s extradition appeal

Montenegro’s Constitutional Court unanimously rejected Terraform Labs’ co-founder Do Kwon’s appeal regarding a verdict on his extradition over legal issues, Korea JoongAng Daily reported on Dec. 25. The decision clears the path for Montenegro’s Justice Minister to determine Kwon’s extradition destination, which is now expected to be the US due to the ministry’s established stance,…

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