Author: Kryptonews
Do Kwon’s cat & mouse game with the United States law enforcement is coming to a close on December 11, 2025, bringing closure to investors affected by the 2022 Terra Luna ecosystem collapse.Kwon’s Looking At 12 Years? Sentencing Day Brings ClosureRight now, the prosecutors at Manhattan courts are asking to send TerraForm Labs founder Do Kwon to prison for 12 years. The crypto mogul is suspected of defrauding investors, luring them into believing that the UST stablecoin was programmed to keep the $1 dollar peg in any case.However, once the liquidity crunch trashed this UST status quo level, TerraForm Labs…
Key Highlights Do Kwon, founder of Terraform Labs, was sentenced to 15 years in U.S. federal prison for orchestrating the fraud that led to the $40 billion collapse of the TerraUSD Kwon has previously pleaded guilty to conspiracy charges for wire fraud and securities fraud As part of his plea, he forfeited $19.3 million and accepted a lifetime ban from leading any company that issues securities Do Kwon, the co-founder of Terraform Labs, was sentenced to 15 years in a federal prison in New York on Thursday. This sentencing will mark the final chapter in the downfall of the man…
Dragonfly managing partner Haseeb Qureshi has sharpened his defense of Ethereum’s valuation, arguing that critics are using the wrong financial framework and that ETH should be analyzed more like an early-stage Amazon than a mature “value” stock. Speaking on the Milk Road Show on 9 December 2025, Qureshi revisited his now-viral valuation clash with investor Santiago “Santi” Santos, hosted by ThreadGuy, which reignited the debate over how to price layer 1 blockchains. At the core of Qureshi’s thesis is a simple but controversial claim: fee revenue on Ethereum is effectively pure margin and should be treated as profit, not as…
The world today has pretty much fulfilled the promise of the one envisioned by big tech in the ‘90s. Back then, many saw the future as a place dominated by digital endeavors. In this vision, practically anything and everything could and would be done online. As we look around today, it’s clear to see how much of that vision has been executed. Many people today spend practically all day online. For some, this is simply a necessity as they may be required to because of their work. However, it isn’t just working and business purposes that keep people online today. Leisure…
Terrill Dicki Dec 11, 2025 18:24 GitHub has announced significant upgrades to its Actions platform, enhancing performance and flexibility for developers. New features include YAML anchors and expanded caching. GitHub has unveiled a comprehensive overhaul of its Actions platform, focusing on enhancing performance, workflow flexibility, and reliability, according to a recent announcement by Ben De St Paer-Gotch, Director of Product at GitHub. The improvements are a response to the platform’s massive growth and user demand for faster builds and better security. Core Architecture Rebuild In 2025 alone, developers utilized 11.5 billion GitHub Actions…
Key takeaways:XRP derivatives are dominated by bears as the funding rate turns deeply negative and open interest remains stagnant.XRP ETF volumes and declining XRP Ledger TVL show fading interest in the XRP ecosystem, reducing the chances of a near-term price rebound.XRP (XRP) fell 9% over two days after being rejected at $2.18 on Tuesday. The slide below $2 created brief turmoil in derivatives markets as the cost of holding leveraged bearish positions jumped to a two-month high. Traders worry that XRP could weaken further given the slowdown in exchange-traded fund (ETF) activity and the decline in XRP Ledger deposits. XRP…
Pakistan sees Bitcoin and digital assets as the backbone of a new financial rail for its 240 million citizens, a senior official said at the Bitcoin MENA Conference, signaling a shift toward formal regulation of crypto markets.Bilal Bin Saqib said on Tuesday that Pakistan can no longer rely on traditional economic models, but needs “a new engine,” citing digital assets. The minister said during a roundtable in Abu Dhabi:“We see Bitcoin, digital assets, and blockchain not just as speculation but as infrastructure. Not as noise, but as a foundation of a new financial rail for the global south.”Saqib, the chairman…
In the 1990s, Netscape’s IPO heralded the mainstream adoption of the World Wide Web, forever transforming the global economy and financial markets. That pivotal moment marked the beginning of a digital revolution that unlocked trillions in value, disrupted traditional media and commerce, and laid the groundwork for today’s internet giants. Fast forward to today, and cryptocurrency stands at a similar inflection point. What was once dismissed as a niche, speculative industry is now maturing into a foundational pillar of the future financial ecosystem.?We are witnessing a seismic shift driven by regulatory tailwinds, institutional allocation, and exponential growth in blockchain infrastructure.…
In brief Disco’s GenTabs feature turns clusters of websites into AI-generated dashboards and tools. Google hasn’t detailed how the browser handles user data or avoids Gemini’s accuracy problems. The approach could further shrink web traffic as AI, rather than the underlying websites, becomes the destination. Planning a family vacation usually involves a digital sprawl: a dozen browser tabs for hotels, flight comparisons, and restaurant reviews across different websites.It is the kind of chaos that has defined the web work since tabbed browsing was popularized by Mozilla Firefox in 2002.Today, the Alphabet Inc. unit unveiled Disco, an experimental web browser that…
Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison after pleading guilty to wire fraud and conspiracy to defraud.In a Thursday hearing in the US District Court for the Southern District of New York, Judge Paul Engelmayer ordered that Kwon serve 15 years in prison for his role in the collapse of Terraform, which wiped out about $40 billion from the crypto market in 2022. He will receive credit for time served in the US and 17 months of pre-extradition custody.Prior to making his decision on sentencing, Engelmayer heard from some of Terraform’s victims…
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