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…
The retail industry is on the cusp of a blockchain revolution, with forecasts showing the Web3 e-commerce sector expanding from $4.2 billion in 2022 to $55.32 billion by 2032, at an annual growth rate of 45.80%. This shift towards decentralized platforms offers enhanced transparency, security, and user control. A standout in this emerging field is…
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…
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,…
In a historic turn for the whole Web3 space, Vottun has announced its integration with Arbitrum, the most popular Layer 2 solution. This strategic partnership aims to provide improved scalability, fast processing, and integration of blockchain technologies in applications that will form the foundation of the future of decentralized systems. We’re thrilled to announce our…
Crypto.com announced the launch of a new trust company in the US this week, marking an important step in developing its expansion efforts in North America.Known as the Crypto.com Custody Trust Company, the new entity provides custody services for digital assets to high-earning individuals and qualified institutions in the United States and Canada. Key Expansions…
Polkadot, Dogecoin, and Web3Bay are shaping the cryptocurrency landscape, driven by a surge in market confidence. Polkadot is enhancing its network through successful parachain auctions, which increase its scalability and affirm its dominance in blockchain interoperability. Concurrently, Dogecoin is capitalizing on strong retail interest, yielding over 200% ROI for the year. Yet, Web3Bay differentiates itself…
Sonic Labs announced on Dec. 25 that its official Sonic Gateway can now bridge FTM tokens from Ethereum to S tokens on the Sonic mainnet. The gateway will also allow the transfer of Euro Coin (EURC), USD Coin (USDC), and Wrapped Ethereum (WETH). The conversion of FTM to S will occur at a ratio of…
While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far from universally positive. Amid this growing institutional adoption, the Bank of Italy has taken a notably critical stance. In its Economic and Financial Occasional Paper,…
Analyzing three altcoins crypto whales are stockpiling before the next bull run. #partnercontent
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