This week in crypto, popular pygmy hippo Moo Deng again hit the headlines. Ethereum co-founder Vitalik Buterin became her official sponsor, donating 88ETH to the Thai zoo. On a more serious note, former Terraform CEO Do Kwon is all set to be extradited to the U.S., as South Korea’s request was rejected. Let’s find out more.
Bitcoin
Ethiopia is leveraging its hydroelectric power through the Grand Renaissance Dam to power Bitcoin mining and generate 18% of the country’s revenue from digital assets.
President-elect Donald Trump has said he will sign an executive order to create a Bitcoin reserve on his first day in office.
Ethereum
Viral pygmy hippo Moo Deng has been formally sponsored by Ethereum co-founder Vitalik Buterin with an 88 ETH donation, showcasing crypto’s potential for social impact.
Altcoins
BlockDAG’s (BDAG) presale has been tremendously successful, raising over $172 million and distributing more than 17.5 billion coins. Early participants have seen returns of over 2240%, reflecting strong market confidence in the project.
With nearly five million players, HashCats has established a name for itself in the blockchain gaming scene by combining interactive gameplay with a fun mining concept involving cats.
Vitalik Buterin’s adoption of the popular pygmy hippo, Moo Deng, resulted in renewed interest in the MOODENG coin, which is up by nearly 12% over the past week, with some smart money investors viewing it as one of the best meme coins to buy now.
Amidst the rising growth of certain altcoins like Polkadot (DOT) and Avalanche (AVAX), Nebula Stride (NST) is rapidly gaining momentum with its unique solutions.
XRP has experienced a notable surge, fueled by a post-election rally that has enhanced investor trust and reinforced its status in the cryptocurrency sphere.
Web3
Ambire recently launched a gamified campaign enabling early extension beta users to adopt smart accounts and AA seamlessly.
Cardano founder Charles Hoskinson says he wants to help the United States establish a crypto-friendly regulatory regime once President-elect Donald Trump returns to the White House.
Regulation
Montenegro’s Constitutional Court has rejected Do Kwon’s extradition appeal, leaving the country’s justice minister to make the final decision on his transfer to South Korea or the U.S.
Following its previous decision, Montenegro denied South Korea’s request to extradite Do Kwon, confirming that the Terra Luna founder would be extradited to the US.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
