According to Cointelegraph, Do Kwon, co-founder of Terraform Labs, is set to be sentenced on Thursday after pleading guilty to two felony counts in the United States. A U.S. federal judge is inquiring about Kwon's legal issues in South Korea and Montenegro, where he has faced separate charges. In a recent filing with the U.S. District Court for the Southern District of New York, Judge Paul Engelmayer sought information from Kwon's legal team and U.S. prosecutors regarding the potential sentences Kwon could face in South Korea. Kwon is expected to be extradited to South Korea after serving any prison time in the U.S. He pleaded guilty to wire fraud and conspiracy to defraud in August, with sentencing scheduled for Thursday. Judge Engelmayer also questioned whether Kwon's time in custody in Montenegro, where he served a four-month sentence for using falsified travel documents, would count towards any U.S. sentence. Kwon had resisted extradition to the U.S. for over a year. The judge's inquiries suggest concerns about the possibility of Kwon being released early if extradited to South Korea to serve the remainder of his sentence. Kwon was a significant figure in the crypto industry in 2022 before the Terra ecosystem's collapse, which contributed to a market downturn and substantial investor losses. Defense attorneys have requested a maximum five-year sentence in the U.S., while prosecutors are advocating for at least 12 years. The U.S. government's sentencing recommendation highlighted the extensive losses caused by Kwon, surpassing those attributed to other notable figures in the crypto industry. Kwon's legal team indicated that even if sentenced to time served by Judge Engelmayer, Kwon would likely face pretrial detention in South Korea, where he could be sentenced to up to 40 years. Thursday's hearing may signal the conclusion of Kwon's involvement in the 2022 Terraform collapse. His location during the crypto market downturn remained unknown until his arrest in Montenegro, where he awaited extradition to the U.S. South Korean authorities issued an arrest warrant for Kwon in 2022 but have not detained him since the Terra ecosystem's collapse. They have sought his extradition from Montenegro alongside the U.S., pursuing related cases against other individuals connected to Terraform.

Hyperliquid Strategies Inc. , a digital asset treasury company, has announced that its board approved a stock buyback of up to $30 million of the Company’s outstanding common stock, par value $0. 01 per share. The stock repurchase program will be in place for up to 12 months. The company states that repurchases will be made from […] source: https://www.cryptopolitan.com/hyperliquid-strategies-inc-announces-a-30m-stock-buyback-program/

A surge in interest reshapes forecasting, markets, and onchain experimentation. source: https://solanafloor.com/news/prediction-markets-take-center-stage-at-solana-breakpoint-as-sector-growth-accelerates

BlackRock has taken another decisive step into the crypto market by filing an S-1 registration statement with the U. S. Securities and Exchange Commission for a new product called the iShares Staked Ethereum Trust, which will trade under the ticker ETHB if approved source: https://www.ethnews.com/blackrock-moves-toward-staked-ethereum-etf-with-new-sec-filing/

null source: https://x.com/DaanCrypto/status/1998121326134120808

Bitcoin For Corporations is calling on MSCI to scrap a proposed digital-asset exclusion rule, warning that up to 39 operating companies could face removal from major global indexes source: https://ambcrypto.com/this-proposal-unfairly-targets-a-single-asset-class-bitcoin-for-corporations-challenges-msci/

Argentina is preparing one of its most significant financial reforms in years, as the central bank works on new rules that would allow traditional banks to offer cryptocurrency trading and custody services. The framework is expected to take effect around April 2026 and would reverse the country’s long-standing restrictions on institutional participation in digital assets. source: https://www.ethnews.com/argentina-prepares-major-shift-allowing-banks-to-offer-crypto-services-by-2026/

null source: https://x.com/BTC_Archive/status/1998119167384236537

无疑，我们走到了加密行业的至暗时刻，也许有一部分人不以为然，因为他们对赌场化的现状和个体利己主义的沉迷已经盖过行业成长本身。

金色财经推出《金色Web3.0日报》，为您提供最新、最快的MEME、DeFi、DAO、NFT和元宇宙行业新闻。

选择祭出 14 亿美元的储备金或许是基于坚持不抛售比特币策略的退让，但在面对现实之际，Strategy 也同步下修全年财测与关键绩效指标。

比特币持有者想要使用他们的比特币，但基础设施从未提供过安全且原生的方式来实现这一点。

预测,加密市场,做空预测市场 金色财经,超级投机周期的均值回归。

如果采用更严苛的、完全惩罚性的 $BTC 处理方式，其资本缺口则可能在 125 亿至 250 亿美元之间。

正如代币化代表了市场中的一种演变，委员会将审议的建议主题也同样如此。人工智能的出现有望彻底改变工作流程和商业模式。

今日晚间推荐阅读：1.摩尔线程的崛起 藏着中国芯片突围的密码；2.先锋集团、美国银行和嘉信理财进军加密领域意味着什么；3.2026年加密趋势展望；

交易标的的特性、24 小时市场提供的全球可达性，以及参与者表现出的独特行为模式。

Robinhood 正通过收购一家本地经纪公司和一个加密货币交易平台进入印度尼西亚，从而快速进入该国日益增长的散户投资者市场。该公司计划提供美股和加密货币，同时保留当地公司的执照，并在监管部门批准后逐步扩大服务范围。