Do Kwon is in US custody after extradition battle

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The last week’s headline was dominated by some of the biggest hacks in DeFi. This week is redemption time for many DeFi protocols that either averted an attempted hack or…

Bitcoin (BTC) miners have pocketed over $5 million from creating nonfungible tokens (NFT) inscriptions using the Ordinals protocol.Transaction fees for Ordinals transactions exploded 240% from $1.5 million on March 10 to 5.2 million by April 12, according to Dune Analytics data.The rise came on the back of a relatively slow period between Feb. 16 and…

Bitcoin’s (BTC) painful plunge below $30,000 on Tuesday turned into a so-called “buy the dip” opportunity for Alameda Research, a Hong Kong-based quantitative trading firm and liquidity solutions firm headed by FTX CEO and founder Sam Bankman-Fried.Quantitative trader Sam Trabucco revealed late Tuesday that the company purchased Bitcoin during its latest price decline, adding that…

The Grayscale Bitcoin Trust, one of ARKW’s top three holdings, could lose its third-place ranking as ARK sheds its shares while increasing its holdings of Jack Dorsey’s Block. ARK Invest, one of the applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, has continued to dump its holdings of Grayscale Bitcoin

Hasegawa Jun, the founder of Omise — the company behind OmiseGo (OMG) — denied the recent acquisition rumors in correspondence to Cointelegraph Japan on March 30.On March 29, cryptocurrency news outlet The Block Crypto reported that Charoen Pokphand Group, Thailand’s largest private company, had acquired Omise for $150 million. Shortly afterward, Omise answered an inquiry…

Quantum computing for finance is proving to be one of the harder problems for scientists in the field.

Recording artists Snoop Dogg and Billy Ray Cyrus have teamed up to release a new smash single, “A Hard Working Man.” The hip hop-country mashup, produced by the legendary Avila Brothers, will debut on April 2 during Grammy weekend in Las Vegas.Cyrus’ 2019 hit remix of “Old Town Road” with rapper Lil Nas X made…

BRD has added Hedera's HBAR coin to its digital asset wallet, in addition to the project's Blockset integration. 994 Total views 21 Total shares BRD recently updated its wallet compatibility, allowing storage of Hedera Hashgraph's HBAR coin. "In addition to the integration in the BRD consumer wallet, Hedera’s network data will be supported in BRD’s recently…

It was a “natural” development.That is how Mike Kayamori, the CEO of Liquid described an exclusive deal with Gram Asia on public sales of Telegram Open Network (TON), a decentralized network being developed by privacy-focused messaging platform Telegram. Kayamori told Cointelegraph how Liquid came to agree with Gram Asia. He also claimed that Liquid was…