August, 2024

August, 2024

Montenegrin court once again postpones Do Kwon’s extradition to South Korea
The postponement is yet another move in Do Kwon's back-and-forth regarding his extradition out of Montenegro....

Bitcoin miner Bitfarms’ stock surges 20% on narrower-than-expected Q2 loss
The miner added 111 BTC to its treasury in July for a total of 1,016 BTC held in treasury, representing a total value of $67 million....

Solana sees record Jito validator tips amid rise in network activity and new token launches
The Block data shows a dramatic spike in Jito validator tips, reaching an all-time high of 17,290 SOL (approximately $3.19 million) last week....

Meet Berachain: the community of bong smoking bears who raised over $100 million to build a new Layer 1
Berachain's pseudonymous co-founder Smokey the Bera breaks down their unique approach to building a Layer 1 blockchain....

Federal Reserve spots ‘significant deficiencies’ connected to Customers Bancorp risk management and AML requirements
The U.S. Federal Reserve Board says it found "significant deficiencies" connected to Customers Bancorp, Inc.'s risk management and compliance. ...

Avraham ‘Avi’ Eisenberg pushes to have earlier Mango Markets conviction cleared, asks for new trial
Avraham 'Avi' Eisenberg is asking a court to throw out fraud and commodity-related charges and requested a new trial....

Bitcoin could act as a ‘safe haven asset’ while altcoins might suffer amid ‘40% probability’ of recession: analysts
Amid the U.S. recession fears and geopolitical uncertainty that rocked global markets this week, analysts weighed in on the impact for crypto....

Franklin Templeton’s on-chain money market fund launches on Arbitrum
The Franklin OnChain U.S. Government Money Fund is represented by the BENJI token and was previously launched on Stellar and Polygon....

Investment advisor Path taps Gemini as custodian for new automated crypto portfolio app
Path's Managed Portfolios allows clients to trade assets and access robo-advisement to tailor the user's portfolio....

Judge approves $12.7 billion settlement between FTX and CFTC, bringing 20-month-long lawsuit to an end
FTX and Alameda are required to pay $8.7 billion in restitution to those who suffered losses and an additional $4 billion in disgorgement....

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