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πŸ¦ŽπŸš€ No longer His Excellency?

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It's been reported that Justin Sun, founder of the Tron network, is no longer a diplomat for Grenada.


According to the Grenada Broadcasting Network, Sun was stripped of his title sometime after the elections in June 2022. The New National Party, which granted his position, was ousted by the National Democratic Congress. However, Sun has yet to acknowledge the loss of his position publicly.


In today's news, Magic Eden dominates Bitcoin Ordinals, Do Kwon's jail time may not be pleasant, and Ledger raises $109 million.


Read on!

In CFTC vs Binance, 678k Investors Potentially Affected

In CFTC vs Binance, who do you think will win?


Certainly not the 678 thousand or so Binance.US users. The number of Binance users in the US had increased 16% from the previous month, but as the lawsuit unfolds, it remains to be seen how users will be affected.

 24h Hot Searches Worldwide 

  • Arbitrum                (+1.2%)

  • Baby Doge            (+32.2%)

  • Radiant                  (-12.8%)

  • JOE                          (+10.6%)

  • Ethereum                (-0.7%)

  • Space ID                  (+2.2%)

  • Solana                      (-3.7%)


Now that the Arbitrum airdrop has taken place, the BIG question is: What's next? 🀩


In today's video, we'll cover what to expect from ArbitrumDAO this year

Quickly gaining ground


Magic Eden's new Bitcoin NFT marketplace has quickly established itself as a dominant player in the Ordinals space.


Having just opened its doors to Bitcoin Ordinals, the marketplace has already captured the majority of trading volume. However, it still lags behind Ordinals Wallet in terms of total daily transactions, though it is catching up.

Decrypt

Harsh conditions for Do Kwon?


Do Kwon, who is currently being held in Montenegro, may face harsh conditions if imprisoned there.


According to a criminal defense lawyer, conditions in Montenegro's jails and prisons "haven't changed" from those described in a 2020 human rights report. Conditions are reportedly poor due to overcrowding and lack of medical care.


The founder of Terra could be facing jail time of "at least a year" in such conditions, depending on the outcome of the criminal case.


Cointelegraph

Another successful raise


Ledger has managed to raise €100 million ($109 million) in its Series C funding round, at a valuation of €1.3 billion ($1.4 billion).


The hardware wallet manufacturer has noted that the fresh capital will be used to expand the company's distribution network and develop new products. Participants of the latest funding round include VaynerFund, CitΓ© Gestion SPV, True Global Ventures, and Digital Finance Group.

Cointelegraph

What are narratives in crypto? Learn about 10 of the top narratives in 2023 and why they're taking off.


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