According to ShibDaily, Do Kwon, the co-founder and former CEO of Terraform Labs, has been extradited to the United States to face criminal charges related to the collapse of the Terra Luna ecosystem. The extradition was carried out by Montenegrin authorities and Interpol at the Podgorica Airport border crossing. Montenegro’s Prime Minister, Milojko Spajić, confirmed the extradition on December 31 through a post on X, emphasizing the country's commitment to innovation and zero tolerance for fraud. Spajić stated that the extradition underscores Montenegro's dedication to international justice and the rule of law. The extradition occurred four days after Montenegrin Justice Minister Bojan Božović approved Kwon’s transfer to the U.S., dismissing a petition from South Korea, where Kwon also faces charges and holds citizenship. Kwon had spent four months in a Montenegrin prison for using fake travel documents and endured over a year of legal uncertainty as courts deliberated on whether to extradite him to the U.S. or South Korea. His legal team repeatedly filed appeals, delaying the process and prompting officials to reconsider their decisions. The U.S. Securities and Exchange Commission (SEC) had previously filed a civil lawsuit against Terraform Labs and Kwon, resulting in a court ruling in April that held both parties liable for fraud. They agreed to a settlement involving approximately $4.5 billion in disgorgement, civil penalties, and interest. In March 2023, the U.S. Department of Justice charged Do Kwon with eight felonies, including commodities fraud, wire fraud, and conspiracy to manipulate markets. It remains uncertain where Kwon is currently detained and when he will appear in a U.S. court following his extradition. The extradition has sparked a jurisdictional dispute between the United States and South Korea, as both countries seek to prosecute Kwon. The May 2022 crash of the Terra Luna ecosystem resulted in a loss of $50 billion in value within three days, impacting global investors significantly. This article is intended for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

According to ShibDaily, a South Korean court has issued an arrest warrant for the impeached President Yoon Suk Yeol, authorizing searches of his office and residence over allegations of rebellion linked to his recent martial law declaration. The Corruption Investigation Office for High-ranking Officials confirmed that the Seoul Western District Court approved the arrest warrant, marking an unprecedented move against a sitting president in South Korea. The arrest warrant follows Yoon's short-lived imposition of martial law, which has sparked significant controversy and legal scrutiny. Experts suggest that any detention or searches are unlikely unless Yoon is officially removed from office. The investigation is focused on whether Yoon's declaration of martial law on December 3 constitutes an act of rebellion. Despite the warrant, Yoon has opposed it, having previously ignored three summons related to the investigation. His legal team has labeled the warrant as "illegal and invalid," and it remains valid until January 6, 2025. Critics argue that Yoon's martial law declaration was an attempt to incite rebellion, while he insists it was a measure to protect citizens from perceived "anti-state forces." Under South Korean law, those convicted of leading a rebellion could face severe penalties, including the death penalty or life imprisonment. Although Yoon enjoys presidential immunity from most criminal charges, this protection does not extend to accusations of rebellion or treason. The political turmoil following the martial law declaration in early December 2024 had a significant impact on the cryptocurrency market. Bitcoin and XRP experienced sharp declines of approximately 30% in value, largely due to the political uncertainty. The national currency, the won, also weakened temporarily, reflecting broader economic instability. However, after President Yoon rescinded the decree on December 4, both the won and cryptocurrencies began to recover, stabilizing the market. This incident highlighted the sensitivity of digital assets to geopolitical and government actions.

A South Korean court has issued an arrest warrant for impeached President Yoon Suk Yeol, authorizing searches of his office and residence over rebellion allegations linked to his recent martial law declaration. According to Reuters, South Korea’s Corruption Investigation Office for High-ranking Officials confirmed that the Seoul Western District Court approved the arrest warrant on Tuesday.... source: https://news.shib.io/2025/01/01/yoon-suk-yeol-in-legal-crosshairs-as-south-korea-issues-arrest-warrant/?utm_source=rss&utm_medium=rss&utm_campaign=yoon-suk-yeol-in-legal-crosshairs-as-south-korea-issues-arrest-warrant

BlackRock’s iShares Bitcoin Trust (IBIT) is rewriting the rulebook for exchange-traded funds (ETFs). Launched in early 2024, IBIT has reached a staggering $50 billion in assets under management (AUM) in just 11 months, shattering industry records. As the fastest-growing ETF in history, it’s a testament to the surging demand for Bitcoin-focused investment products and BlackRock’s […] The post... source: https://www.thecoinrepublic.com/2025/01/01/blackrock-ibit-smashes-records-50-billion-aum-in-11-months/

Remastered games and PC ports make up the biggest draws in January 2025, including Final Fantasy, Spider-Man, and Donkey Kong games. source: https://decrypt.co/299163/biggest-games-january-2025

XRP has seen an unprecedented surge in trading activity on South Korea’s leading cryptocurrency exchanges, surpassing Bitcoin (BTC) and Ethereum (ETH) with over $1 billion in 24-hour trading volume. The post XRP Trading Volume Soars in South Korea, Surpassing Bitcoin and Ethereum appeared first on Cryptodnes. source: https://cryptodnes.bg/en/xrp-trading-volume-soars-in-south-korea-surpassing-bitcoin-and-ethereum/

Ethereum (ETH) is currently facing downward pressure, with its price facing a potential decline below the $3,000 mark. Apart from the broader market consolidation, ETH’s current price fall is driven by the decrease in activity from its large investors. This analysis explains why the price decline may occur and highlights the price points ETH holders should pay attention to. Ethereum Faces... source: https://beincrypto.com/eth-price-set-to-fall-below-3000/

How high can DOGE price go in 2025? source: https://u.today/opinions/dogecoin-doge-price-prediction-2025

A lawmaker in Hong Kong is reportedly proposing adding Bitcoin (BTC) to the region’s reserves for the purpose of financial stability. Wu Jiexhuang, a member of the Hong Kong Legislative Council and chairman of the Web3 Virtual Asset Development Subcommittee, said that the region should study how to maintain financial security with BTC, according to […] The post Hong Kong Representative... source: https://dailyhodl.com/2025/01/01/hong-kong-representative-explores-adding-bitcoin-to-national-reserve-under-one-country-two-systems-framework/

جذب استثمار جريء من ملياردير سعودي بقيمة 1.8 مليون دولار في عملة DTX، اهتمام المستثمرين حول العالم. حيث يعتبر مشروع DTX بديلاً قوياً لعملة سولانا SOL بفضل ميزاتها الذكية، ونجاحها السريع في مراحل ما قبل البيع، وتوقع إدراجها على منصة Coinbase. بين التحديات والنمو: DTX تغير قواعد اللعبة بينما تواجه عملة سولانا SOL تحديات في […] source: https://arabeum.net/%d9%85%d9%84%d9%8a%d8%a7%d8%b1%d8%af%d9%8a%d8%b1-%d8%b3%d8%b9%d9%88%d8%af%d9%8a-%d9%8a%d8%b1%d8%a7%d9%87%d9%86-%d8%a8%d9%801-8-%d9%85%d9%84%d9%8a%d9%88%d9%86-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d8%b9/

It seems that everyone is looking forward to 2025, for market reasons and hot reasons. Project owners, investors, KOLs, VCs... everyone is ready to do a great job.

Today is New Year's Day 2025, the first day of the new year. I would like to wish all our readers a happy New Year's Day.

The integration of data assets, encrypted assets and RWA is also a process of asset digitization and digital assetization.

Binance continues to maintain its hot spot leading effect. HODLer, Launchpool and other BNB "welfare launchers" are in full swing, and the emerging project "excavator" Binance Alpha platform has begun to accumulate power in the wallet.

2024 is an exciting year. In addition to Bitcoin, it can be said that it has attracted a lot of attention, from the popularity of spot ETFs at the beginning of the year to Trump's election as president at the end of the year.

National reserves are the last low-hanging fruit. Can the narrative of digital gold still support BTC to move above $1 million?

Golden Finance launched the 2556th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

In 2025, a series of major events and technological breakthroughs will drive the market into a new stage and have a profound impact on the global financial system. Here are eight major crypto events worth paying attention to in 2025, as well as their background and impact.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

2024 is a milestone year for the Web3 industry.