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Montenegro Court Orders Extradition of Do Kwon to the U.S

The High Court in Podgorica has made a historic ruling, rejecting South Korea’s plea for extradition and ordering the extradition of Do Kwon, the former CEO of Terraform Labs, to the United States. The court’s decision is the result of lengthy discussions about the extradition’s political and legal ramifications. Reports

February 21, 2024 2 mins read

VanEck Agrees to $1.75M Fine by SEC Over ETF Promotion Violation

In order to settle U.S SEC accusations related to the 2021 launch of an exchange-traded fund (ETF) centered on social media, VanEck agreed to pay a fine of $1.75 million. A civil penalty was levied on the investment advisor by the SEC. In a statement issued on February 16th, the

February 18, 2024 2 mins read

Coinbase Contributes $3.6M to Boost Bitcoin Developer Funding via Brink

Coinbase is contributing $3.6 million to Bitcoin supporting non-profit Brink as it closes GiveCrypto, an organization that distributed cryptocurrency to those in need. The campaign was announced to be ending in December by the exchange, who said it had failed to have a lasting effect. Coinbase did not disclose how

February 18, 2024 2 mins read

Pudgy Penguins Witnesses Significant Interest, Boosting Ethereum NFT Volume

The volume of Ethereum NFTs traded on-chain last week is at its greatest level since the week of Feb. 26, 2023, while Bitcoin NFT trading surely experienced a large surge this autumn. The volume of Ethereum NFTs is increasing because Pudgy Penguins, the third largest NFT collection by market value,

February 12, 2024 1 min read

NFTFN Co-Founders Vikas Singh and Abhishek Kumar Gupta Illuminate the Path of NFT Finance

In a candid and insightful interview with TheNewsCrypto, Vikas Singh and Abhishek Kumar Gupta, the co-founders of NFTFN, provided a deep dive into their journey, the unique offerings of NFTFN, and their perspectives on the evolving NFT space.  With backgrounds spanning telecom, blockchain, and fintech, these entrepreneurs bring a wealth

January 25, 2024 9 mins read

First Round of Speakers for TOKEN2049 Dubai Revealed

TOKEN2049, the leading global Web3 and crypto conference series, has unveiled the initial speaker lineup for its inaugural Dubai edition, which will be taking place from 18-19 April 2024.  The first round of the event’s speaker lineup has been made public. The list includes Paolo Ardoino, CEO of Tether; Sandeep

January 18, 2024 3 mins read

Millions Worth NFTs Stolen as NFT Trader Platform Hacked

The peer-to-peer trading platform NFT Trader was compromised in a major way. Many valuable NFTs were stolen in this incident, including BAYC. In the aftermath of the hack, NFT Trader issued an urgent appeal to its customers, requesting that they remove access to two compromised smart contracts. The purpose of

December 17, 2023 2 mins read

NFT Market Thrives as Sales Volume Soar Significantly in Recent Weeks

The blockchain analytics firm Nansen reports that the amount of weekly Ether sales of NFTs has been rising steadily. For the week ending October 9, Nansen said on Twitter that NFT sales totaled 29,704 ETH, or almost $56 million. Week after week, more and more people bought and sold until

November 6, 2023 2 mins read

DeFi Lending Protocol Aave Shuts Several Markets After Uncovering Issue

After uncovering an issue in one of its features, the DeFi lending protocol Aave immediately shut down a number of markets. On November 4th, the problem was discovered, affecting many networks and certain assets on the Avalanche and V2 platforms. Additional safeguards on the Polygon, Arbitrum, and Optimism networks have

November 5, 2023 1 min read

Forge Announces $11 Million in Seed Funding Led By Makers Fund, BITKRAFT Ventures, Animoca Brands to Launch the First Video Game Platform that Connects and Rewards Gamers for their Achievements

Founded by Gaming Pioneer Dennis “Thresh” Fong, Crunchyroll Founder Kun Gao, and Cyence Founder George Ng, Forge Launches Into Beta Today Allowing Gamers to Automatically Earn Rewards Based on Their Gaming Profiles SAN FRANCISCO–(BUSINESS WIRE)–Forge, the first video game platform that connects and rewards gamers for their gaming achievements and

October 18, 2023 8 mins read