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darcyason580

@darcyason580

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jolinene70p
@jolinene70p
Chinese gaming firm Boyaa Interactive announced that it expects its net profit for 2024 to surge by as much as 640% to 680% compared to 2023, primarily due to gains from its Bitcoin holdings, according to a filing on Feb. 16.
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ameli8bell
@ameli8bell
It noted that this was “primarily due to the digital assets value-added gain generated from the cryptocurrencies held by the group,” and the group’s holding of certain online operation activities and the continuous optimization of its gaming products.
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olivi1m0lia
@olivi1m0lia
Notably, these two wallets are linked by several unique paths, including a number of different funding transactions and crosschain transfers, all of which had been parsed through several Solana wallets along the way in a bid to obscure transaction history.
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charlotte6lava
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“This means the creator of Melania — or someone close to their team —sniped their own launch,” wrote Bubblemaps.
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charlotte6lava
@charlotte6lava
Several weeks later, the analytics firm noticed that the same 0xcEA wallet had funded the wallet address responsible for creating the LIBRA token.
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darcyason580
@darcyason580
The LIBRA memecoin was endorsed by President Milei immediately after launch. However, the event rapidly turned into a financial catastrophe after insiders reportedly cashed out over $107 million, wiping out nearly 94% of the token’s value in less than four hours.
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darcyason580
@darcyason580
According to data from blockchain intelligence firm Lookonchain, at least eight wallets linked to the Libra team quickly siphoned liquidity from the token, pocketing $57.6 million USD Coin and 249,671 Solana, worth $49.7 million at the time.
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darcyason580
@darcyason580
According to data from blockchain intelligence firm Lookonchain, at least eight wallets linked to the Libra team quickly siphoned liquidity from the token, pocketing $57.6 million USD Coin and 249,671 Solana, worth $49.7 million at the time.
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darcyason580
@darcyason580
The LIBRA memecoin was endorsed by President Milei immediately after launch. However, the event rapidly turned into a financial catastrophe after insiders reportedly cashed out over $107 million, wiping out nearly 94% of the token’s value in less than four hours.
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darcyason580
@darcyason580
Ramaswamy didn’t elaborate on his future plans, but CBS News and The New York Times were among the US media outlets reporting that the business leader and author would soon announce he is running run for governor of Ohio.
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darcyason580
@darcyason580
“It was my honor to help support the creation of DOGE,” Ramaswamy said in a Jan. 20 X post. “I’m confident that Elon and the team will succeed in streamlining government.”
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darcyason580
@darcyason580
Entrepreneur and former presidential candidate Vivek Ramaswamy will no longer co-lead the Department of Government Efficiency (DOGE) alongside Elon Musk, and is reportedly opting to run for Ohio governor instead.
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darcyason580
@darcyason580
“I would hope that President Trump would take that action,” he said.
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darcyason580
@darcyason580
As part of a civil case brought by the US Securities and Exchange Commission, Terraform and Kwon were found liable for fraud in April. Both agreed to pay roughly $4.5 billion in disgorgement, civil penalties and prejudgement interest.
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darcyason580
@darcyason580
After serving four months in prison for using falsified travel documents, Kwon was in legal limbo for more than a year as Montenegro’s courts considered whether to have him remain in the country or be extradited to the US or South Korea. Every time it appeared a court had reached a decision, Kwon’s legal team filed an appeal on different grounds, delaying potential extradition and forcing officials to revisit the matter.
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darcyason580
@darcyason580
Authorities in the US and South Korea filed charges against Kwon and some Terraform executives, but the co-founder’s whereabouts were largely unknown until he was arrested in Montenegro in 2023.
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darcyason580
@darcyason580
Kwon was one of the individuals alleged to have been involved in the 2022 collapse of the Terra ecosystem, which likely contributed to a significant crypto market downturn the same year.
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darcyason580
@darcyason580
“Our nation welcomes innovation and legitimate crypto, AI and other tech entrepreneurs — but we have zero tolerance for fraud,” said Prime Minister Spajić. “This extradition demonstrates our unwavering commitment to international justice and the rule of law.”
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darcyason580
@darcyason580
The handover happened four days after Montenegrin Justice Minister Bojan Božović approved the Terraform co-founder’s extradition to the US instead of accepting a petition from South Korea, where Kwon also faces charges and holds citizenship.
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darcyason580
@darcyason580
In a Dec. 31 X post, Montenegrin Prime Minister Milojko Spajić said Kwon was in US custody, suggesting that he would soon be traveling to the United States to face criminal charges.
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