Montenegro Appellate Court upholds Do Kwon extradition to South Korea
Since 2023, the decision to send the Terraform co-founder to South Korea or the United States has been contested in Montenegrin courts.
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Decentralized Autonomous Organizations (DAOs) have been heralded as the future of governance, unlocking a more egalitarian approach to decision-making. However, decentralizing leadership isn’t a magical solution that instantly leads to better results. To truly get the most out of a decentralized organization, steps must be taken to regulate weighted voting and tokenomics. If not carefully…
UK miner Argo reports 280% increase in revenue despite May’s Bitcoin halving
Publicly-listed mining firm Argo Blockchain has published bullish interim half year results for 2020, despite the recent Bitcoin (BTC) halving and a host of “challenging conditions.”Argo Blockchain PLC is headquartered in London, with its shares listed on the main market of the London Stock Exchange. For the six months through to June 30, the company’s…
Top Crypto Traders Predict Bitcoin Price Direction After BTC Halving
Bitcoin’s (BTC) price has been showing extreme levels of volatility as it consolidates under a key level of $10,000. Previously, the price dropped to as low as $8,100 on May 10, merely a day before the highly anticipated mining rewards halving.Following the 20% drop, traders remain divided on where the Bitcoin price would go next…
Top Crypto Exchange Binance Hints at Launching Bitcoin Options Trading
Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading. Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of an apparent prototype for trading BTC/Tether (USDT) options contracts:Source: @cz_binance official Twitter handle, April 3“Notice anything…
US: Pennsylvania Rules That Crypto Exchanges, ATMs Are Not Money Transmitters
The American state of Pennsylvania has clarified that cryptocurrency exchanges do not fall subject to the Money Transmitter Act (MTA), according to a Department of Banking and Securities (DoBS) document published today, Jan. 23.The document clarifies crypto exchanges thus do not require a license to offer their services to Pennsylvania residents. The MTA — otherwise…
E-Commerce Firm Rakuten Readies Cryptocurrency Exchange for April Launch After Name Change
Japanese e-commerce giant Rakuten has completed registration of its cryptocurrency exchange Rakuten Wallet, which will go live next month, the company confirmed in a press release on March 25.Rakuten, which follows several major Japanese tech players in entering the crypto exchange market, renamed its product from Everybody’s Bitcoin earlier this month.The company had acquired the…
Bitcoin Price Has 7% Chance to Hit $20K by End of 2019, Data Claims
Bitcoin (BTC) price is only 7% likely to hit its previous all-time high of $20,000 before 2020, according to market forecasts.The latest data appearing on social media courtesy of the Twitter analyst known as Skew, highlighted the odds for investors betting on the future Bitcoin price had been slowly decreasing throughout 2019. According to the data,…
Chinese Companies to Bet Big on Blockchain Despite COVID-19 Crisis
350 Chinese companies surveyed still believe in the higher potential that blockchain technology could offer to their businesses. 606 Total views 20 Total shares A survey of 350 Chinese companies revealed that Blockchan’s pre-COVID-19 corporate bullishness remains alive in the region.According to Xinhua, the study, called “Blockchain in the Post-epidemic Age,” showed that 70% of…