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Terra’s Do Kwon Seeks Trial Delay, Citing Extradition Holdup


Terraform Labs co-founder Do Kwon has requested that the judge in his fraud case delay the trial date, currently set for Jan. 29, 2024, because Kwon is still tied up in extradition proceedings in Montenegro. Terra’s Do Kwon Requests Trial Postponement Due to Extradition Issues In a letter...

Starkware CEO Uri Kolodny Steps Down Due to Family Health Issues


Starkware faces a leadership transition as CEO Uri Kolodny resigns over pressing family health issues. While stepping down, Kolodny leaves the company in the hands of co-founder and friend Eli Ben-Sasson. Starkware Sees CEO Change as Uri Kolodny Resigns, Citing Family Health Uri Kolodny, CEO...

Ethereum’s Vitalik Buterin Proposes Gas Limit Increase


Amidst escalating transaction fees, Ethereum’s Vitalik Buterin has suggested a substantial gas limit increase, potentially boosting network capacity and reducing user expenses. Ethereum’s Vitalik Buterin Advocates for Higher Gas Limit to Improve Network Capacity Ethereum ecosystem...

Terra Founder Do Kwon Asks US Court to Push Trial to Mid-March


Source: Terra / YouTube Do Kwon, the former CEO of Terra, is seeking a delay in the Securities and Exchange Commission (SEC) trial against him and his former company so he can attend the trial. Kwon’s counsel has formally requested a U.S. court to postpone the trial due to uncertainties...

Near Foundation To Reduce Workforce By 40%


Source: Pixabay Non-profit organization Near Foundation has announced that it will reduce its workforce by approximately 40%. In a statement published on Thursday, the Near Foundation said it would cut around 35 employees after completing a recent review. The cuts are set to primarily affect...

Vitalik Buterin Advocates for Modest Gas Limit Increase in Ethereum Network


Ethereum. Source: Adobe Ethereum co-founder Vitalik Buterin has recommended a “modest” increase in the gas limit to enhance the potential throughput of the Ethereum network. During a Reddit ask-me-anything (AMA) organized by the Ethereum Foundation’s research team, Buterin...

Cameroonian Fintech Startup Koree Secures $200,000 in Pre-Seed Funding


The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding which was led by the co-founder of the Nigerian payments company Duplo. The fintech said it will use the funds raised to launch a marketplace that rewards users for the purchases they make. Users Rewards...

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