The cryptocurrency market has been witnessing an exciting surge in recent weeks, with several altcoins gaining traction as Bitcoin (BTC) approaches $100K. Among these, Dash (DASH) stands out, hitting a five-month high as its bullish momentum accelerates.

Crypto firm Canaan teamed up with a West Texas Bitcoin mining firm to boost its operations in Texas, expanding its North American footprint.

Gala Film is set to launch its new token, $FILM, on December 5, 2024, aiming to transform the web3 entertainment landscape with its blockchain-based platform.

Bitrue has integrated Gala Games' GalaChain, enabling $GALA trading without Ethereum bridges. This partnership offers lower fees, enhanced security, and expanded trading options.

Gala Games has been making waves in the gaming and cryptocurrency space, thanks to its play-to-earn model and its focus on the metaverse. The GALA token, native to the platform, has experienced dramatic price movements in recent years.

Terra Classic (LUNC) joined the latest rally that saw Bitcoin topping $80K for the first time in history. As altcoin bulls flexed their muscles, LUNC gained over 20% on its weekly chart. Ecosystem developments such as intensified token burns and broad market rallies contributed to LUNC's prevailing performance.

The Avalanche Foundation has finalized the repurchase of 1.97 million AVAX tokens previously held by the now-defunct Luna Foundation Guard (LFG). The post Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard appeared first on Cryptonews.

A bankruptcy court has allowed the Avalanche Foundation to buy back 1.97 million AVAX tokens it sold to the defunct Luna Foundation Guard.

The cryptocurrency landscape is continuously evolving, with several projects emerging that bring unique opportunities and innovations to the space. In 2024, three standout projects—Qubetics, Gala, and Kryza—are gaining traction, each offering unique propositions to investors and users.

Amid increased price volatility in the crypto market, the Terra 2.0 has regained momentum. Moreover, it has surged ~45% from its low of $0.2513 over the past three months. Will Terra 2.

The Terra Classic community is preparing for a supply shock that the LUNC coin could soon face. This is based on a court settlement that has mandated Terraform Labs to burn the tokens in their possession.

Do Kwon's extradition decision is reportedly nearing completion, with Montenegro's Justice Minister indicating that an announcement will be made by Sunday.

Exposing Terra's shadows: Do Kwon secretly made crypto transfers In Jail as Montenegro pondered over extradition.

Do Kwon's extradition has been delayed again, to the surprise of the Justice Ministry.

Montenegro plans to finalize Do Kwon's extradition by the end of this week. Montenegro convicted Do Kwon of forgery, and he served a six-month sentence.

Do Kwon's extradition process begins, raising concerns about Terra Luna's future and potential impacts on Luna crypto investors.

Montenegro is set to decide on the extradition of Do Kwon, co-founder of Terraform Labs this week, as confirmed by the Justice Minister.

Terraform Labs co-founder Do Kwon's legal case is approaching a key moment as his extradition process is reportedly nearly complete. Authorities are set to make a decision by Sunday, Oct. 20.

Yet another legal drama involving Do Kwon, the co-founder of Terraform Labs, is reaching a decisive moment. Montenegrin officials have confirmed that the extradition process is in its final stages, with a ruling expected by Sunday, October 19.

Gala Music launches $MUSIC Sessions, a bi-weekly interactive series starting October 23, 2024, to connect artists and fans in the web3 music ecosystem.

Gala Music introduces Halloween 'Trick or Treat' Mystery Boxes offering $MUSIC rewards or exclusive NFTs. Each purchase supports $GALA by burning tokens, priced at $19.99.

Montenegro's Minister of Justice, Bojan Božović, announced that a decision on Do Kwon extradition will be finalized and signed by the end of the week.

Montenegro's Justice Minister Bojan Božović confirmed that a decision had been reached regarding the extradition of Do Kwon, the co-founder of Terraform Labs. According to local media reports on Oct. 17, the extradition process will be signed by the end of this week.

According to Montenegrin media reports, Do Kwon's extradition process may soon conclude, with a decision expected by Sunday, Oct. 19. On October 17, Minister of Justice Bojan Bozovic confirmed that the government chose the destination for extraditing the Terraform Labs co-founder, whom both the US and South Korea want on charges related to cryptocurrency fraud.

Do Kwon's extradition chapter may be finalized as soon as Sunday, Oct. 19, according to local Montenegrin media.

In a developing story surrounding Do Kwon, the co-founder of the collapsed Terraform Labs blockchain, new investigative reports suggest he may have conducted cryptocurrency transactions while in custody in Montenegro. This revelation follows a lengthy period during which authorities reportedly took 72 days to seize his electronic devices and wallet access codes after his arrest.

In the latest episode of Regina's Web3 Gaming Odyssey, she explored the fast-paced, blockchain-powered universe of Spider Tanks—a game that merges PvP combat with NFT-driven customization. Learn why Regina thinks this Ethereum-based game stands out.

The key organization backing the Avalanche (AVAX) blockchain ecosystem is announcing plans to repurchase crypto assets sold to the nonprofit behind the Terra (LUNA) protocol in the first half of 2022.

Do Kwon, the founder of Terraform Labs allegedly used electronic devices, including a laptop and phone, to conduct cryptocurrency transactions from within his prison cell. While Kwon is detained in Spuž prison questions are mounting over how he may have handled his crypto assets even in detention.

Avalanche Foundation is planning to buy back 1.97 million AVAX tokens which was previously sold to Luna Foundation Guard (LFG) in early 2022.

With the BTC price retesting its $65k level, mid-cap and low-cap altcoins have recorded a massive uptrend in their respective portfolios over the past few days. This highlights a rising interest of investors in the altcoin market.

The Avalanche Foundation is set to buy back nearly 2 million AVAX tokens sold to Terra just before its collapse in 2022. This transaction, which awaits approval from a bankruptcy court, marks a new chapter in the tumultuous history of the crypto market.

The Avalanche Foundation is set to repurchase 1.97 million Avalanche (AVAX) tokens that were sold to the Luna Foundation Guard (LFG) in April 2022, just one month before the Terra blockchain ecosystem collapsed.

Avalanche Foundation has agreed with Luna Foundation Guard (LFG) to buy back all AVAX tokens it sold to LFG in April 2022 as part of the cooperation efforts between the two projects and to improve the foundation's liquidity. According to the post on X, the repurchase plan is now awaiting court approval.

The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Privacy coins, or cryptocurrencies with privacy-enhancing features designed to boost anonymity and reduce traceability, are at the heart of a brewing battle between personal financial freedom and government regulation.

TL;DR The use of privacy tokens offers a solution to improve financial confidentiality, protecting the identity of users. Monero, Zcash, and Dash are examples of assets that implement advanced technologies to ensure greater anonymity in transactions. These tokens face an increasingly hostile regulatory environment, which could limit their adoption among users who value financial freedom.

Avalanche Foundation repurchases 1.97M AVAX tokens from Luna. The move protects the tokens from liquidation during LFG's bankruptcy.

The AVAX price has surged by a staggering 10% in the last few hours after the recent announcement by the Avalanche Foundation of a repurchase agreement with the Luna Foundation Guard (LFG) – the entity associated with Terra blockchain – to buy back all tokens sold back in 2022. This has pushed AVAX closer to

Privacy coins like Monero (XMR) and ZCash (ZEC) have faced widespread delistings in 2024, with 60 removals from exchanges, the highest since 2021, due to increasing regulatory pressure.

A study published in the Journal of Cybersecurity recommends that governments focus on cryptocurrencies, particularly privacy coins, to address money laundering.

Privacy tokens underwent nearly 60 delistings by centralized exchanges this year, a record since 2021, according to a recent Kaiko report. The report tracked Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC).

Demonizing privacy coins undermines the core principles driving many web3 natives: The freedom of essential human rights, and privacy being one of them.

Gala Music announces updates to $MUSIC tokenomics, introducing dynamic emissions, standardized node rewards, and removal of track rarities to enhance transparency and sustainability.

LUNA and LUNC rally as USTC burn proposal boosts market confidence with surging volumes and bullish sentiment.

Montenegro's former Justice Minister Andrej Milović has raised serious concerns about the potential link between the extradition of Terraform Labs co-founder Do Kwon and Montenegro's airport concession deal with South Korea, local news outlet Vijesti reported on Sept. 24.

Get it before Oct. 30, Terraform Labs tells the third parties it is discussion its wind-down with.

The alleged use of Do Kwon's extradition for an airport deal could undermine trust in Montenegro's political and judicial integrity. The post Do Kwon's extradition used as pressure in Montenegro-South Korea airport negotiations, claims former justice minister appeared first on Crypto Briefing.

The shutdown of Terraform Labs sets an important standard for how bankruptcies are handled in the crypto industry, and will likely influence future bankruptcy cases.