Do Kwon in US custody, South Korean president impeached: Law Decoded
Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition.
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Liquid staking solutions now have more TVL than DEXs: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.April saw several hacks, exploits and rug pulls that resulted in a net loss of over $100 million among several DeFi protocols. Amid the growing memecoin frenzy, the…

BBVA Executive: Cryptocurrencies Are ‘Perfect,’ But Often Used for Illicit Activities
Cryptocurrencies are "perfect", but are often used for bad purposes, executive chairman of multinational Spanish banking group Banco Bilbao Vizcaya Argentaria (BBVA) Francisco Gonzalez Rodriguez stated in an interview with CNBC Friday, September 14.Gonzalez has claimed that the world is going through "an incredible digital revolution" which will eventually lead to a new world order.…

Biden out, bull run in? Here’s what analysts think
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally.

UN Partners With NGO to Tokenize Chocolate Bars for Equitable Trade
The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers.According to an Oct. 17 report from SpringWise, the partners will launch a new chocolate bar, made with Ecuadorian-grown cocoa, together with a token-based scheme that allows consumers to contribute directly to…

Family Offices Finally Accept the Benefits of Investing in Bitcoin
There is a lot of chatter going on about the uncertainties of cryptocurrency and how an attempt to tame the raging seas of the crypto market could spell doom for investors. As expected, in the middle of this conversation is Bitcoin (BTC), whose popularity continues to grow in the investment world. Although Bitcoin’s volatility is well-documented,…

Coinbase IPO to further legitimize crypto, but limitations remain
In some ways, the Coinbase exchange is the poster child for the crypto industry. It has embraced — not fought — regulation, which sets it apart from most cryptocurrency exchanges while the firm’s trading app is praised for its ease of use. When JPMorgan Chase decided to extend traditional banking services to crypto firms in…

Hong Kong brokerage Futu halts crypto futures over regulatory issues
Non-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities. 449 Total views 6 Total shares A major Hong Kong-based online brokerage firm has reportedly suspended cryptocurrency futures trading due to regulatory concerns.Futu Securities, one of the biggest trading brokerages in Asia, has halted support of crypto futures contracts and trading…

Magic Labs, Polygon launch crosschain smart wallet for AggLayer
Newton’s testnet went live on Polygon’s AggLayer, promising a crosschain solution for smart wallets.