Wanna know what went down in crypto today? Check out the latest scoop on trends and events that are shaking up Bitcoin prices, blockchain, DeFi, NFTs, Web3, and crypto rules.
Do Kwon Faces US Justice, Pleads Not Guilty
Terraform Labs co-founder Do Kwon is back in the spotlight. On Jan. 2, he stood before a New York court, pleading not guilty to nine charges tied to the Terra ecosystem’s collapse—think securities fraud, wire fraud, and more.
Kwon’s arrest saga started in Montenegro in 2023 for using fake documents. After months of legal back-and-forth, Montenegro finally handed him over to the U.S. in late December. The next court date? Jan. 8, where evidence-sharing will take center stage.
Binance Locks Down a Big Win in Brazil
In a major move, Binance snagged its 21st regulatory license, this time from Brazil’s central bank. This makes Binance the first crypto exchange in Brazil to get broker-dealer status.
The approval lets Binance acquire São Paulo’s Sim;paul platform, setting them up as a key player in Brazil’s booming crypto scene. And they’re not stopping there—this comes on the heels of regulatory wins in Argentina, India, and beyond.
$66 Bet Turns Into $3M Meme Coin Windfall
Sometimes, crypto feels like hitting the lottery. A trader who dropped $66 on the KEKIUS meme coin in mid-December is now sitting on $3 million.
The coin, inspired by Elon Musk’s short-lived nickname “Kekius Maximus” on X, surged after Musk’s tweet. The trader cashed out some profits but still holds a stack as the coin’s market cap exploded to $380 million by New Year’s Day.
KEKIUS, a mashup of $PEPE the Frog and Gladiator, shows just how crazy the meme coin market can get when the right hype comes along.
From courtrooms to million-dollar bets, the crypto world is already making waves in 2025. Let’s see what’s next.
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