Terra Founder Do Kwon Released From Montenegro Prison
South Korean crypto fugitive Do Kwon has been released from prison in Montenegro as the Supreme Court deliberates on extradition requests. A Bloomberg report indicates that his release occurred on Saturday, March 23. The extradition of the co-founder of Terraform Labs to South Korea was halted by the Supreme Court, which also reversed a lower […]
RippleX Addresses XRP Ledger’s AMM Pool Issue
RippleX advises its users to refrain from allocating funds to the impacted AMM pools in light of the ongoing technical issue. RippleX’s development division disclosed a technical issue affecting XRP Ledger Automated Market Maker (AMM) pools. Transactions and pools are disrupted by this error, which compels management to provide users with updates regarding fund deposits. […]
Goldman Sachs Hedge Fund Clients opt For Crypto Options
As Bitcoin ETF surges, Goldman Sachs has observed an increase in the number of hedge fund clients adopting crypto options. The renewed interest of hedge fund clients of the American banking behemoth Goldman Sachs in cryptocurrency options is strikingly parallel with the product’s adoption by retail traders. Since the beginning of the year, the interest […]
Ethereum Layer-2 Network Base TVL Doubles
Achieving a secured value of $2 billion on Coinbase’s Base network was accomplished in 25 days, compared to 203 days to reach $1 billion. Layer-2 Ethereum network In less than a month, Base’s total value locked (TVL) has increased twice, reaching $2.13 billion. Analysts speculate that the platform may emerge as the subsequent hub for […]
BlackRock’s BTC ETF to Surpass Grayscale’s Bitcoin Holdings
The amount of Bitcoin in BlackRock’s spot Bitcoin ETF could overtake crypto asset manager Grayscale’s GBTC within the next three weeks. As of March 22, the Bitcoin ETF managed by BlackRock had 238,500 Bitcoin (BTC) in its balance sheet, valued at current prices at $15.5 billion. However, the fund has reported an average daily inflow […]