The tokens have been sold to an undisclosed buyer and will be vested for two years. Source
Optimism Sells $89M OP Tokens in Private Transaction
Category: ICO
Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option
Deep OTM calls are cheaper than those at strikes closer to and below the going market rate. Thus, outright purchases of deep OTM calls are often considered analogous to lottery tickets. The loss is limited to the extent of the premium paid to purchase the option, but, in theory, profit can be huge if the market exceeds the strike price before expiry. Source
U.S. Will Appeal Do Kwon’s Extradition to South Korea: Report
The eyes of global authorities, including Interpol, have been on Kwon ever since Terra collapsed in mid-2022. Terra’s collapse wiped out billions of dollars of investor funds, and Kwon fled to Montenegro, where he was arrested for possession of falsified official documents. The courts in Montenegro are deciding the destination of his extradition. Source
Shapeshifting Justice: The SEC’s Weakest Case Yet
Shapeshifting Justice: The SEC’s Weakest Case Yet Source
Ether Emerges as the New ‘Internet Bond’ Amid Booming Interest in Crypto Assets
With over $10 billion in inflows in less than two months, the spot bitcoin ETF is already considered the most successful product launch in ETF history, drawing widespread mainstream attention to the exciting crypto asset class. With its supply cap of 21 million tokens, bitcoin’s narrative as “digital gold” or a store of value is easily understood. Now, investors are asking, “What’s next?” Source
Hong Kong to Host CoinDesk Consensus Conference
“Asia stands as a global powerhouse for Web3, boasting tens of millions of crypto users, blockchain developers, and governments at the forefront of regulatory innovation,” said Foster Wright, president of CoinDesk, in a press release. “Hong Kong has strategically positioned itself as a pivotal digital assets hub in this dynamic region. Consensus has consistently served as a global event, bringing together all facets of the cryptocurrency, blockchain, and Web3 community.” Source
Ether (ETH) Price Could Hit $10,000 or Higher After Being ‘Overshadowed’ by Bitcoin (BTC), Analyst Says
Late November 2020, BTC was knocking at its all-time highs at $19,000 in, while ETH was hovering below $600, some 60% lower than its 2018 peak. A few weeks later, when BTC decisively broke above its former record price, ETH embarked on a multi-month rally to eventually hit a $4,400 peak in May. Source
U.S. Fed Chair Powell Says ‘Nowhere Near’ Pursuing CBDC, Won’t Spy on Americans
“If that were a government account, that the government would see all your transactions, that’s just something we would not stand for or do or propose here in the United States,” Powell said. He contrasted the U.S. thinking with China, where the government can track user activity in its digital currency. Source
Solana DeFi Protocol Kamino Sets KMNO Token Airdrop for April
The KMNO token will serve as a governance asset from launch day, Thomas said on the Zoom call Thursday. Its holders will ultimately have influence over Kamino’s incentive programs, revenue disbursements, protocol operations and risk management, according to a tweet from Kamino. Source
Do Kwon Can Be Extradited to South Korea, Montenegrin Court Rules: Reports
Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead. Source