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Do Kwon Set for Bail After Montenegro Ruling – LUNC Prices on the Rise


A fresh Montenegro court ruling means Do Kwon, the Terraform Labs founder and CEO, could be released on bail again. Per the media outlets Vijesti and Hankook Ilbo, a branch of the Podgorica District Court approved a second bail request for Kwon and Terra’s former chief financial officer...

Biggest Movers: XRP Hits 6-Week High, SOL Collides With Key Resistance Level


XRP rallied to a six-week high in today’s session, as the token extended a recent bull run to a sixth day. Prices have risen by as much as 10% in that period, with the latest surge sending the cryptocurrency above $0.50. Solana was also higher, hitting a multi-week high of its own. XRP...

Ethereum and Lido Finance Dominate Revenue Generation as Prices Soar


The Ethereum (ETH) network and staking provider Lido Finance (LDO) are among the biggest revenue generators in the world of decentralized finance (DeFi), a ranking by data provider Token Terminal has shown. In the ranking, Ethereum came in on top with a 30-day revenue generation of $370.6 million...

Crypto Exchanges Experience $1.77B Bitcoin and Ethereum Outflow in 30 Days


Throughout May, the crypto market has remained steady, with a valuation just above the $1 trillion mark. Over the past 30 days, both bitcoin and ethereum prices have remained relatively stable. However, recent data reveals a significant amount of bitcoin has been withdrawn from exchanges, with...

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