Saturday, April 1, 2023
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Terra co-founder in S.Korean crosshairs following Do Kwon arrest

Following Terraform Labs’ co-founder Do Kwon’s arrest in Montenegro while trying to board a plane using fake documents, South Korean authorities have turned up efforts to track down and arrest Shin Hyun-Seong, also known as Daniel Shin — Terra’s other co-founder.Since November 2022, South Korean authorities have suspected the involvement of

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Nexo CEO Details Crypto Lender’s Plan to Stay Out of Regulators’ Crosshairs — CoinDesk

Crypto lender Unchained Capital, for instance, told CryptoX that it does not offer depository accounts or therefore no yield on deposits. Coinbase, the largest U.S. exchange, said on Friday that it no longer plans to offer a lending product that would have powered a savings account for customers with a

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First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the Crosshairs

Bitcoin (BTC) was higher, pushing back toward $40,000 after a 9.9% surge on Wednesday, the biggest calendar-day gain in a month.  Such a powerful recovery after a steep sell-off earlier in the week has quickly reinvigorated trader spirits. “This bubble doesn’t look set to burst,” said Don Guo, CEO of Broctagon

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