South Korea Seeks Interpol’s Aid to Extradite Terraform Labs Co-Founder


South Korea's National Police Agency has officially requested assistance from the International Criminal Police Organization (Interpol) in bringing back Kwon Do-hyeong, the co-founder of Terraform Labs, to South Korea. The post South Korea Seeks Interpol’s Aid to Extradite Terraform Labs...

Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash


A class action securities lawsuit was filed against Hut 8 Corp., seeking to recover the losses of shareholders who were adversely affected by alleged securities fraud between November 9, 2023, and January 18, 2024. The post Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash...

Tether and Republic of Uzbekistan sign MoU to foster innovation


Tether announced signing a Memorandum of Understanding (MoU) with NAPP, the National Agency of Perspective Projects in the Republic of Uzbekistan. The objective is to foster innovation, boost the adoption of blockchain, and make the region a hub for peer-to-peer technology. The move underscores...

Bitcoin’s Hash Price Soars as Average Network Fees Spike by 288%


According to the latest data, bitcoin has been trading above the $67,000 mark, with average network transaction fees experiencing a 288% increase from $3 to $11.64 since Feb. 25, 2024. Meanwhile, BTC has consistently stayed over the $60,000 level for eight straight days, elevating the daily value...

Hong Kong Central Bank Launches Wholesale CBDC Project to Foster Tokenization


Hong Kong's central bank has announced the launch of a new project called "Project Ensemble," aimed at supporting the development of the tokenization market in the city-state through a wholesale central bank digital currency (wCBDC). The post Hong Kong Central Bank Launches Wholesale CBDC Project...

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