Company • August 1, 2024 12:45 PM EDT Posted 1 minute earlier In ~ The Montenegrin Court of Appeal has rejected a U.S. request to extradite former Terraform Labs CEO Kwon Do-kwon and ordered his extradition to South Korea.The Montenegrin Court of Appeal has confirmed the late June ruling by the High Court in Podgorica. name He was released by the appeals court on Thursday. Attorney Kwon, the court and prosecutors have been going back and forth for months about where to extradite the former executive. Attorney Kwon and his attorney According to reports He preferred his home country, Korea.…
Author: Crypto Flexs
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Major investors, also known as Ethereum whales, are gradually returning to the market following the recent positive developments surrounding ETH, which has shown renewed optimism among institutional and retail investors surrounding the cryptocurrency. According to current data, whales have amassed 426,000 ETH as excitement over the introduction of ETH grows. Spot Ethereum Listed Index Fund (ETF). Ethereum Whale Acquires 426,000 ETH in One Week Burak Kesmeci, a proven author and analyst at leading on-chain analytics provider CryptoQuant spotted The recent increase in ETH accumulation among major investors has created hopes within the community that a price rally for the cryptocurrency…
In July, cryptocurrency markets saw two-way volatility as investors reacted to events. The Federal Reserve has kept its benchmark interest rate at its highest level in 23 years for the eighth straight time. Bitcoin (BTC) traded virtually flat on the last day of July, immediately following the Federal Open Market Committee’s interest rate decision. In line with market expectations, Fed policymakers kept the benchmark federal funds rate at a range of 5.25% to 5.50%. With the June FOMC meeting postponed, traders are now looking at the first rate cut of the year, in September. In remarks after the FOMC meeting,…
Wang Long Chai 02 Aug 2024 01:50 Uniswap (UNI) Labs has partnered with Brooklyn-based designer Kidsuper to launch a unique collection of merchandise launching August 5th. Uniswap (UNI) Labs has announced an exciting collaboration with Brooklyn-based designer KidSuper, known for his avant-garde approach to fashion and art. The partnership will see the launch of a unique collection featuring items inspired by Uniswap’s signature themes, including unicorns, math doodles, and physical wallets. According to a recent blog post from the Uniswap Protocol, the limited edition items will be available on shop.uniswap.org starting August 5th at…
We round up the weekly news from across Asia, highlighting the most important industry trends. Can the Metaverse Solve Japan’s ‘Hikikomori’ Problem? Research and consulting firm Yuri Group estimates that if just 10% of Japan’s 1.5 million hikikomori returned to work via the metaverse, Japan could pump about $10 billion into its economy annually. “Hikikomori” is a Japanese word that refers to an individual who stays at home, withdraws from social life, and seeks extreme isolation. It is a complex social problem that reduces the country’s labor force and harms the mental and physical health of those who live a…
We round up the weekly news from across Asia, highlighting the most important industry trends. Can the Metaverse Solve Japan’s ‘Hikikomori’ Problem? Research and consulting firm Yuri Group estimates that if just 10% of Japan’s 1.5 million hikikomori returned to work via the metaverse, Japan could pump about $10 billion into its economy annually. “Hikikomori” is a Japanese word that refers to an individual who stays at home, withdraws from social life, and seeks extreme isolation. It is a complex social problem that reduces the country’s labor force and harms the mental and physical health of those who live a…
We round up the weekly news from across Asia, highlighting the most important industry trends. Can the Metaverse Solve Japan’s ‘Hikikomori’ Problem? Research and consulting firm Yuri Group estimates that if just 10% of Japan’s 1.5 million hikikomori returned to work via the metaverse, Japan could pump about $10 billion into its economy annually. “Hikikomori” is a Japanese word that refers to an individual who stays at home, withdraws from social life, and seeks extreme isolation. It is a complex social problem that reduces the country’s labor force and harms the mental and physical health of those who live a…
Ethereum price corrected its uptrend and traded below the $3,300 level. ETH is consolidating and facing obstacles near the $3,300 resistance zone. Ethereum started a downward correction from the $3,400 resistance level. The price is trading below $3,330 and the 100 hourly simple moving average. A major bullish trend line has broken below the $3,295 support level on the ETH/USD hourly chart, according to data provided by Kraken. The pair could start further upside if it breaks the $3,330 resistance zone. Ethereum Price Extends Downtrend Below $3,300 Ethereum price failed to break the $3,400 resistance level and started a downward…
Company • August 1, 2024 5:08 PM EDT Posted 1 minute earlier In ~ Coinbase’s Q2 revenue more than doubled year-over-year, but was down slightly from the previous quarter.The company’s total revenue for the second quarter was $1.45 billion, down 11% from the first quarter. The decline was partly due to lower consumer transaction revenue.Coinbase reported $665 million in consumer transaction revenue in Q2, down 29% from the $1.07 billion it reported in Q1. However, the exchange’s stablecoin revenue increased to $240.4 million from $197.3 million in the previous quarter.Interestingly, the exchange also reported: Solana brush -2.32% It accounted for…
James Ding August 1, 2024 17:58 The IOTA community aims to support the new IOTA EVM ecosystem by approving a significant liquidity program to drive growth and adoption. According to the IOTA Foundation blog, the IOTA community has overwhelmingly voted in favor of a significant liquidity bootstrapping program designed to power the recently launched IOTA Ethereum Virtual Machine (EVM) ecosystem. Community-led initiatives Driven by community consensus, this initiative aims to provide necessary financial resources to new projects and developers working on the IOTA EVM. Through this, the community hopes to accelerate the growth and…