solana co-founder sued by ex-wife for alleged cryptocurrency theft

Stephen Akridge, co-founder of Solana, is facing a lawsuit from his ex-wife, Elisa Rossi, who claims he misappropriated millions in cryptocurrency from her digital wallet. The suit alleges he redirected her staking rewards for personal gain during their divorce proceedings. Rossi is seeking damages for breach of contract, unjust enrichment, and fraud.

BayWa agrees on restructuring plan to address significant debt challenges

BayWa has reached a restructuring agreement with its major shareholders and creditor banks to address its significant debt by 2027, including a €150 million capital increase. The company plans to divest foreign holdings, starting with a 47.5% stake in RWA AG for €176 million, aiming to raise €4 billion to reduce its debt burden. Additional sales, including those of Cefetra and T&G Global, are also planned, with the divestment of BayWa r.e. expected to extend until 2027.

dogecoin poised for 3700 percent surge to 11.65 by end of 2025

Dogecoin is projected to surge by 3,700% to approximately $11.65 by the end of 2025, according to crypto analyst Dima James Potts. This forecast is based on historical price patterns observed during the fourth year of Dogecoin's cyclical trends, which have previously resulted in significant gains. As Dogecoin approaches this pivotal year, market participants anticipate a bullish trajectory, with the potential for new all-time highs.

parcl and opencover report significant growth in solana's real world assets sector

Parcl has reached a remarkable $100 million in daily trading volume, underscoring the rapid growth of the Real World Assets (RWA) sector on the Solana blockchain. This surge indicates strong momentum as the market gears up for further expansion in 2025. Additionally, OpenCover's collaboration with RequestFinance has facilitated over $100 million in transactions, while Uniswap's monthly trading volume hit a record $15.65 billion.
00:00 28.12.2024

vitalik buterin donates 300k to thai zoo adopts pygmy hippo mascot

Vitalik Buterin has donated nearly $300,000 to Thailand's Khao Kheow Open Zoo, adopting Moo Deng, a pygmy hippo that inspired the MOODENG meme coin. His contribution will enhance the zoo's facilities and support wildlife programs, with an additional 88 ETH promised for ongoing projects. Despite recent market fluctuations, the MOODENG token has gained attention, reflecting Buterin's commitment to combining crypto with conservation efforts.
23:23 27.12.2024

Montenegro approves extradition of Do Kwon to the United States

Montenegro's Justice Minister has signed an order to extradite Terraform Labs co-founder Do Kwon to the US, following a Supreme Court ruling that all legal conditions for extradition were met. This decision comes after months of competing requests from the US and South Korea, with the US request ultimately favored due to the severity of the alleged crimes and Kwon's citizenship. Kwon faces significant legal challenges in the US, including a lawsuit from the SEC alleging he misled investors, and has been charged with offenses related to the collapse of TerraUSD and Luna tokens, resulting in approximately $40 billion in losses.

ethereum hodler ratio surpasses bitcoin as market outlook shifts for 2025

Ethereum has struggled in 2024, underperforming against Bitcoin and other altcoins, yet its hodler ratio has surpassed Bitcoin's, indicating a shift towards long-term holding. While the outlook for 2025 appears optimistic with potential for an altseason, Ethereum must break the $3,750 resistance to avoid further bearish trends. Investors are closely monitoring price movements as the market sentiment evolves.
22:30 27.12.2024

bitcoin reaches new heights as institutional adoption accelerates in 2024

Bitcoin has solidified its mainstream status with the approval of 11 exchange-traded funds, attracting over $113.5 billion by year-end and pushing its price to record highs of $100,000. MicroStrategy plans to expand its Bitcoin purchases significantly, while Crypto.com launches a custody service for US institutions. Meanwhile, Russia imposes a six-year ban on crypto mining in ten regions, and the IRS maintains that staking rewards are taxable upon receipt, setting a precedent for future taxation.

solana ai hackathon attracts over 400 projects and significant market interest

The inaugural Solana AI hackathon concluded with over 400 projects competing for cash prizes and attention in the burgeoning field of AI agents. The total market capitalization of participating tokens surpassed $200 million, highlighting the intense competition among crypto AI projects. Winners will be announced around January 10, with many projects focusing on enhancing trading capabilities within the Solana ecosystem.
22:30 27.12.2024

Cardano and Solana attract institutional interest as 1Fuel gains momentum

Solana and Cardano are attracting institutional interest, with Solana's partnerships and potential ETF approvals driving significant market activity. Meanwhile, 1Fuel is emerging as a promising altcoin, raising over $850,000 in its presale and offering innovative cross-chain functionality and privacy features. Analysts are optimistic about its growth potential, positioning it as a key player to watch for 2025.
22:18 27.12.2024
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