Do Kwon granted bail at €400,000 – against prosecutors wishes
Do Kwon granted bail at €400,000 – against prosecutors wishesThe Montenegro court has agreed to release Terraform Labs' co-founder Do Kwon and CFO Han Chong-Joon on house arrest.
Happy Friday!The global crypto market cap is $1.11 trillion with a 24-hour volume of $39.18 billion. The price of Bitcoin is $26,299.60 and BTC market dominance is 46.2%. The price of Ethereum is $1,770.74 and ETH market dominance is 19.7%. The best performing cryptoasset sector is Yield Farming, which gained 7%.
Latest NewsDo Kwon granted bail at €400,000 – against prosecutors wishes
The Montenegro court has agreed to release Terraform Labs' co-founder Do Kwon and CFO Han Chong-Joon on house arrest. Cardano’s hydra scaling solution goes live on mainnet as Ethereum gas fees surgeCardano's hydra scaling solution will effectively reduce fees and improve transaction speed on the network. Twitter’s new CEO is former NBC advertising exec Linda YaccarinoYaccarino was linked to the Twitter CEO role after news emerged that she resigned as NBC's head of advertising earlier today. PEPE market cap slides below $500M as community interest shiftsMilady Memecoin LADYS is enjoying most of the hype as several traders are swapping their Pepe positions for the token. CryptoSlate wMarket Update: Bitcoin dumps below $27,000 amid marketwide routThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. US Chamber of Commerce sides with crypto industry, blasts SECThe Chamber said the SEC's failure to establish a regulatory system for the crypto industry subverts due process. US lawmaker questions SEC about GBTC redemptionsCongressman Brad Sherman Sherman asked the SEC if Regulation M was a barrier to GBTC shareholder redemptions. Former Paxful CEO warns users not to use platform amid spate of scamsReports of scams emerge after Paxful's re-opening — raising concerns about the integrity of the platform in its current state. MakerDAO plots AI governance “endgame”The plan will also see the project introduce tokens with a new brand. Ethereum failed to finalize transactions for 25 minutes but avoided full outageTransactions were only partially processed for a period of 25 minutes. Meta announces generative AI-powered product suite for adsThe Facebook parent company announced the new tech at a New York event. Elon Musk hires Twitter’s next CEO; former Meta COO a potential candidateRumors suggest that ex-Meta COO Sheryl Sandberg could lead the firm.
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Former SEC official calls for US ban on Tether, calls it a ‘mammoth house of cards’
Friday, May 12, 2023
Former SEC official John Reed Stark said Tether has no legal framework guiding its operations in the United States.
Justin Sun admits Huobi ownership, calls Binance a partner rather than rival
Friday, May 12, 2023
Justin Sun-related blockchain networks urged memecoin developers to use their ecosystems for their token development.
Coinbase’s Paul Grewal says SEC proposed custody rule ‘unnecessarily singles out crypto’
Tuesday, May 9, 2023
Coinbase suggests a more inclusive approach to qualified custodians and a unified possession or control standard for crypto assets for SEC's proposed custody rules.
Coinbase is considering UAE for its international hub
Monday, May 8, 2023
Coinbase CEO Brian Armstrong praised United Arab Emirate's (UAE) progressive regulatory efforts in the crypto space.
Britain’s fourth largest newspaper offers free King Charles coronation NFTs
Saturday, May 6, 2023
The Evening Standard is allowing Nifty Gateway users to mint their own cryptocollectible featuring the famous St. Edwards Crown.
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