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Payment giant Visa has incorporated Web3 technology into its customized loyalty program solution.
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"Breaking: IRS Delays Crypto Tax Rules to 2026!"
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Do Kwon, co-founder of #Terraform Labs Pte., pleaded not guilty to U.S. fraud charges linked to the $40 billion collapse of the TerraUSD stablecoin. Kwon entered his plea before U.S. Magistrate Judge Robert Lehrburger in Manhattan and agreed to remain in custody without bail. The 33-year-old former crypto executive faces nine criminal charges, including wire, securities, and commodities fraud. The charges stem from allegations that Kwon misled investors about the Terra blockchain’s technology and adoption levels. His court appearance in New York concluded a prolonged legal battle between the U.S. and South Korea over extradition rights. Authorities in Montenegro arrested Kwon in March 2023 for attempting to travel using a falsified passport, triggering extradition requests from both nations. Legal Drama Spanning Multiple Jurisdictions Kwon made a U.S. court appearance upon his arrest in Montenegro alongside Terraform’s former chief financial officer, who was also arrested at the same time. Both individuals were apprehended for attempting to board a private jet bound for Dubai using fake documents. After their arrest, Montenegro sentenced them to four months for document forgery. Meanwhile, New York and Seoul prosecutors filed charges related to Terraform’s collapse in 2022. The implosion of TerraUSD, an algorithmic stablecoin, and its companion token, LUNA, had devastating effects on the crypto market. LUNA’s value plummeted from over $100 to nearly zero, causing significant investor losses. The downturn contributed to broader market instability. Kwon’s extradition was finalized on December 28, 2024, when Montenegro’s Minister of Justice approved the U.S. request. Although South Korea sought custody of Kwon, Montenegro opted to send him to the U.S., citing its strong security partnership with the nation. Notably, Kwon had argued for extradition to South Korea. #CryptoNews
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As Bitcoin continues to hover above the $96,000 mark, the meme coin sector is gaining bullish momentum. The meme coin market cap currently stands at $105.06 billion, with a 4.47% surge in the past 24 hours. Amid the sector’s recovery, #PEPE is positioned at a psychological crossroads at $0.00002032. PEPE Price Analysis On the 4-hour chart, the PEPE price trend reveals a bullish rally crossing above the local resistance trend line. This recovery has resulted in a price jump of nearly 13.35% this week from the weekly opening price of $0.000017869, reflecting renewed investor confidence. At press time, the breakout rally suggests a double top pattern at $0.00002101, signaling a potential critical resistance level. This indicates the bullish struggle to break above the 61.80% Fibonacci level, a significant barrier to further gains. However, the recovery has increased the chances of a golden crossover between the 50 and 200 EMA lines on the 4-hour chart, which could attract more PEPE buyers. Additionally, the RSI line is maintaining a sideways track slightly above the midpoint, reinforcing bullish momentum. Thus, the momentum indicator remains bullish, supporting the continuation of the uptrend. #cryptonewstoday PEPE Price Chart
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"Cardano’s Bullish Trajectory Mirrors 2021—$6 Price Target in Sight!"
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#shiba⚡ Inu lead Shytoshi Kusama reacts as popular Web3 game developer PlayFi Studios announces its upcoming arrival on Shibarium. In a tweet on Thursday, PlayFi announced it would integrate Shibarium to launch new play-to-earn (P2E) games for Shiba Inu community members. “Get ready for more fun on the Shibarium blockchain!” PlayFi announced. The upcoming partnership between PlayFi and the Shiba Inu ecosystem team will allow players to enjoy exciting games while earning digital rewards. This initiative further expands the utility of Shibarium, positioning it as a hub for Web3 gaming. Shiba Inu Lead Reacts PlayFi’s announcement comes in response to Kusama’s previous inquiry about when the game developer plans to adopt Shibarium. The accompanying image shows a social media post of Kusama asking ‘Wen Shibarium?‘ Interestingly, after PlayFi announced plans to launch on Shibarium, Kusama gave a shout-out to the project, echoing “PlayFi on Shibarium. I see you…” #CryptoNews🚀🔥V
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Ethereum(ETH) Surpasses 3,600 USDT with a 4.24% Increase in 24 Hours
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Bitcoin(BTC) Surpasses 98,000 USDT with a 1.14% Increase in 24 Hours
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Federal Reserve's Barkin Optimistic About Economic Growth in 2025
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Federal Reserve's Barkin Acknowledges Potential Stability In Long-Term Rates
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