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

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.

In his interview with members of Gnosis Pay at Token2049 in Singapore, David comes away more impressed than ever. Gnosis Pay Is the Touchpoint to Tradfi That Crypto Deserves This interview was one of my favorites at Token2049 in Singapore. First off, I think Gnosis Pay—and indeed, all Gnosis products—are underappreciated by non-technical crypto users.

EOS has announced its roadmap for 2024-2025, emphasizing scalability, developer efficiency, and cross-chain interoperability through significant upgrades across its ecosystem.

The EOS Network Foundation has introduced Spring 1.0 and the Savanna consensus algorithm, promising advancements in finality, scalability, and security for the EOS blockchain.

The EOS Network has completed its Spring 1.0 hard fork and launched the exSat mainnet, marking significant milestones in its development. Key updates were discussed during the October Block Producer meeting.

GnosisDAO is launching a $40 million venture fund to support early-stage projects under the Gnosis 3.0 roadmap.

GnosisVC will back projects working on real-world assets, decentralized infrastructure and onchain payments platforms.

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.

Gnosis (GNO) price has recently gained traction in the crypto market, reflecting solid performance metrics. Earlier today, it hit a two-month high of $196.67 before retracing back to around $190.4 at press time.

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.

EOS, a digital asset designed to support decentralized applications (d Apps) on the EOS.IO platform. With the live price of EOS hovering around $0.48, many investors are wondering whether now is the right time to buy EOS and hold for the long term.

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.

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.

The self-custodial crypto debit card is a step towards ‘banking 3.0,' combining legacy payments infrastructure with Web3 innovation.

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.

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.

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.

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

Decentralize with Cointelegraph is joined by Bart Wyatt of the Eos Network Foundation to explore blockchain's journey from a decentralized ledger to a transformative technology.

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

The EOS Network completes its historic hard fork to Spring 1.0, implementing the Savanna consensus algorithm to achieve 1-second transaction finality.

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.

EOS price has recently experienced a notable surge, entering a strong bullish phase. The cryptocurrency is showing signs of increased momentum, as it eyes further gains in the market.

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.

EOS Network has successfully completed its Spring 1.0 upgrade, a hard fork that has introduced 1-second transaction finality to the blockchain network. On Sept. 25, the EOS Network (EOS) announced that the upgrade to Antelope Spring 1.

TL;DR EOS Network has successfully launched its Spring 1.0 update, introducing the Savanna consensus algorithm and reducing the transaction finality time to just one second. The transition to Spring 1.0 was made possible thanks to the collaboration of block producers and extensive beta testing.

With the launch of Spring 1.0, the EOS Network strengthens its foundation for future development and growth.

EOS has successfully upgraded its network to Spring 1.0, introducing a host of performance enhancements and new capabilities. Chief among these is greater performance, reliability, and speed delivered thanks to the new Savanna consensus algorithm.

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.