Search
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
1.4.2023
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves...
Over 7,000 Players Successfully Converged in Yuga Labs' Otherside Metaverse 'Second Trip'
1.4.2023
Thousands of NFT holders joined the gamified experience last weekend, showing glimpses of what’s to come from the virtual world launching later this year
Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees
1.4.2023
This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to...
Ramani Ramachandran, CEO of Router Labs, on Cross-Chain Communication, Bridges, and AI | Ep. 217
31.3.2023
In an exclusive interview with cryptonews.com, Ramani Ramachandran, Founder & CEO of Router Labs, talks about cross-chain communication issues, the future of crypto, and how developers hold the keys to crypto mass adoption. ...
Read More: Ramani Ramachandran, CEO of Router Labs, on Cross-Chain...
First Mover Americas: Ripple Labs' XRP Token Marches Forward
31.3.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for March 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Report: South Korean National Assembly to Pass Digital Asset Law in April
31.3.2023
After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered...
Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows
30.3.2023
Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto...
US or South Korea: Terraform Labs Co-Founder Do Kwon Extradition Fate to Be Decided by Judge
30.3.2023
A judge will decide whether Do Kwon will be extradited to the United States or South Korea, Montenegro’s justice minister, Marko Kovac, reportedly said.
“Consideration will be given to the gravity of crimes, location of committed offenses, sequence of requests, as well as citizenship” of...
Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition
30.3.2023
Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before he is extradited from the Balkan nation,...
Market Maker DWF Labs Emerges as Top Crypto Investor
29.3.2023
Managing partner Andrei Grachev discussed the firm’s investment strategy – and continuing risks for the industry
Dragonfly Leads $6.5M Round for Aptos Protocol Econia Labs
29.3.2023
The startup offers an order book protocol for decentralized finance (DeFi) in the Aptos ecosystem
Do Kwon Extradition Sought by U.S., South Korea, Montenegro Justice Minister Says
29.3.2023
Marko Kovac said the Terraform Lab founder's extradition proceedings would follow a criminal case for ID document forgery
Report: Do Kwon Successfully Formed a Company in Serbia Weeks After Interpol Issued Red Notice
29.3.2023
According to a report, the recently arrested Terraform Labs co-founder Do Kwon was able to register a company in Serbia just a few weeks after Interpol issued a Red Notice for him. Lawyers that helped Kwon form a company in Serbia reportedly said they were not aware of Interpol’s Red Notice...
Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says
28.3.2023
A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility...
Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs for Metaverse Project – Crypto Adoption on the Rise?
28.3.2023
Luxury fashion brand Gucci is diving even deeper into the Web3 and the metaverse worlds, announcing a collaboration with the popular blockchain technology company and non-fungible-token (NFT) issuer Yuga Labs. ...
Read More: Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs...
Yuga Labs and Gucci Partner Up to Start Metaverse Fashion Week
28.3.2023
The inaugural Metaverse Fashion Week is here, thanks to the efforts of Gucci and Yuga Labs. Yuga Labs, a company best known for developing the renowned Bored Ape Yacht Club line, is assisting Gucci with the project. As they prepared for a new project, the businesses recently announced their...
Disney reportedly scraps its metaverse division
28.3.2023
The metaverse division was originally put together to work on new ways to engage Disney’s audience
Do Kwon registered a company in Serbia for $1 amid Interpol red notice: Report
28.3.2023
The Terraform Labs executive reportedly established a company called “Codokoj22 d.o.o. Beograd” in Serbia, with its main business activity listed as consultancy services
Gucci and Yuga Labs Are Bringing High Fashion to the Otherside
27.3.2023
The luxury fashion brand said on Twitter Monday that it’s teaming up with Yuga Labs, “blurring the boundaries between the physical and digital.”
Terraform Labs co-founder on S.Korea crosshair following Do Kwon arrest
27.3.2023
Authorities have previously alleged that Shin earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse