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Terraform Labs co-founder Do Kwon will face securities fraud charges in the US

Terraforms Labs CEO Do Kwon spent the last day of 2024 getting extradited to the US, Reuters reports. Kwon faces charges in the US for “orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.” The Terraforms co-founder has been held in Montenegro since March 2023, when he […]

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Tech’s biggest losers in 2024

The tricky thing about naming the year’s biggest losers in tech is that in 2024, it once again felt like everyone lost. Amid the depressing spiral that is social media, the will-they-or-won’t-they dance of banning TikTok in the US and the neverending edited and deepfaked content that has everyone questioning what’s real, the world lost. […]

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South Korean court issues arrest warrant for impeached President Yoon

A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he refused three summons requests from investigators. Source: https://cointelegraph.com/rss South Korean court issues arrest warrant for impeached President Yoon

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MicroStrategy shares plunge 8% after its end-of-year Bitcoin buy

MicroStrategy slumped over the last trading day after disclosing its latest Bitcoin purchase, with some market observers raising concern over leverage. Source: https://cointelegraph.com/rss MicroStrategy shares plunge 8% after its end-of-year Bitcoin buy

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Tether shifts $780M in Bitcoin to reserve — its biggest move in 9 months

Stablecoin issuer Tether has moved over 8,400 Bitcoin to its reserve in its biggest move since March. Source: https://cointelegraph.com/rss Tether shifts 0M in Bitcoin to reserve — its biggest move in 9 months