Business
Prosecutors in the US will continue to seek former Terraform Labs CEO Do Kwon’s extradition despite Montenegro’s High Court ruling to extradite him to South Korea.
An email from DCG CEO Barry Silbert in 2022 reveals details of a lunch between himself and Gemini’s Cameron Winklevoss, where the two discussed joining forces to become a “juggernaut” that would compete with Coinbase and FTX.
DeFi
The announcement, which boosted the Kamino’s total locked value by over $100 million in the past day, has had mixed reactions, with many criticizing key elements of the plan.
The High Court of Montenegro decided between competing claims from the U.S. and Republic of Korea.
Tech
APhone’s goal is to make Web3 mobile more accessible and affordable, especially for those in emerging markets.
Token bridging platform Wormhole plans to airdrop 617 million W tokens to eligible users, but some members of the community are contending that allocations have been unfairly determined.
A judge is still to sign off on a settlement that will see BlockFi receive $874.5 million in claims against FTX and Alameda Research, while FTX will drop its claims against BlockFi.
Bitcoin
The founder and CEO of Custodia Bank recently raised fears, and hopes of higher BTC prices, when she wrote that there was only a limited supply of bitcoin available for the fast-growing spot ETFs. Here’s what she got wrong, however.
Just as Airbnb and Uber increased the utilization rate of our homes and cars, decentralized physical infrastructure networks (DePINs) are helping us deploy and utilize our computers and sensors more productively.
