Terra’s Do Kwon Wins Extradition Appeal in Montenegro
Kwon is facing fraud charges in the U.S. around his role in Terra’s collapse.
Financial
Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license.
WIF Rebounds on Binance Listing Plan as Other Meme Coins Run Out of Steam
Dogwifhat jumped by more than 25% after the crypto exchange said it will list the token.
DWF Labs to Buy $10M of TokenFi’s TOKEN, Plans to Develop AI Products
The purchase will be done over a two-year period, developers told CoinDesk.
Bitcoin’s Price Rally May Add to Inflation. Here’s Why
The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.
Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.
Deutsche Boerse Starts Crypto Trading Platform for Institutional Clients
Deutsche Boerse will operate the trading venue, and Crypto Finance will provide settlement and custody services.
Fantom Seeks Money Back From Multichain’s $200M Exploit
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits in 2023.
Crypto Payments Specialist Baanx Raises $20M Funding Round
The Series A investment round included Ledger, Tezos, Chiron and British Business Bank.
Bitcoin ETF Issuer VanEck Has Huge Crypto Growth Goals in Europe
Martijn Rozemuller, the CEO of VanEck Europe, sees crypto eventually matching its other product lines in terms of assets under management.