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Do Kwon asserts he had no participation in the alleged transfer of 3,310 BTCs to KuCoin and OKX. South Korean authorities recently asked Interpol to issue a red notice on Kwon. Do Kwon, the founder, and CEO of Terraform Labs rejects controversies regarding the recent cashout allegations. In the latest
Christie has collaborated with blockchain firms to add new features to its marketplace. Christie’s 3.0 technology allows NFTs to operate totally within the ETH network. Christie’s has already made a significant impact in the NFT field. The legendary auction house is now completely adopting Web3’s decentralized concept by introducing a
3313 BTC was transferred to both the Kucoin and OKX wallets. This was allegedly done shortly after Kwon’s arrest warrant was issued on September 14th. Luna Foundation Guard [LFG] transferred 3313 Bitcoins worth over $69 million to two cryptocurrency exchanges operating outside of South Korea. This was allegedly done shortly
The Terraforms issue has had a significant impact on the South Korean cryptocurrency market’s downward trajectory. Under the FSC, KoFIU aims to prevent money laundering and improve financial transaction transparency. The South Korean crypto market capitalization is down about 58% in the first half of 2022. The market has fallen
Similar lawsuits have been filed against Nexo in Kentucky, Vermont, South Carolina, and Maryland. Similar law enforcement actions were taken against Celsius in 2021. On Monday, state securities regulators in California and several other states took action against the crypto lender Nexo, labeling the company’s Earn Interest Product (EIP) unregistered
Binance adopted the Terra Classic burn mechanism on Trading Fees. LUNC increased by 161% from the previous month. Finally, the LUNC community’s most awaited response from Binance CEO Changpeng Zhao (CZ) on the proposal of burning trading fees has come true on Monday. Binance announced that the exchange would create
DXY hit the 114.5 level and touched 2003 high. Sterling recorded an all-time low of $1.0387. The U.S. dollar currency index (DXY) overcame significant opposition to reach its highest level since July 2002. As sterling fell to a record all-time low, the dollar index kept surging and flipped the RSI
Securrency, a leading blockchain-based financial markets infrastructure and products company, announced today that it will deploy its proprietary Digital Asset Composer on the XDC Network, a state-of-the-art blockchain with a mature ecosystem and a particular focus on real-world applications in global trade and finance. Notably, XDC Network is a leading
Interpol demanded the law enforcement agencies find and detain Do Kwon. According to authorities, Kwon is accused of defrauding investors’ money in the country. The arrest of Terraform Labs founder Do Kwon has been demanded by regulators globally. Now, the South Korean authorities have said that the International Criminal Police
According to Kiyosaki, the largest crash in human history is about to happen. The previous week, Kiyosaki urged people to invest in real money,citing bitcoin, silver, and gold as examples. This week, Robert Kiyosaki, the author of Rich Dad Poor Dad, tweeted about some of his opinions and financial teachings.
