Do Kwon’s Millions Are Not in South Korea, Prosecutors Say: Report
South Korea requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.Source
Archive for month: April, 2023
Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report
Local stakeholders call the move a “marketing gimmick” while others say its the most efficient way to mass distribute economic stimulus.Source
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.Source
Former BitMex CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.Source
First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.Source
Venture Capital Bitkraft Raises $220.6M for Second ‘Token’ Fund: Filing
The firm didn’t comment on whether the fund has a Web3 angle, but did outline their crypto investment strategy.Source
Ether Holds Near $1.9K as Shanghai Fork Approaches
ETH’s price slid 1.7% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is scheduled to occur April 12.Source
Ethereum’s Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says
Max Williams, chief operating officer at Runa Digital Assets, says secondary blockchains are “already trending well” and the upgrade will spur more activity.Source