Tron founder Justin Sun has moved a total of 20 billion Shib | The Crypto Basic on Binance Square

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Tron founder Justin Sun has moved a total of 20 billion Shiba Inu (SHIB) to Poloniex, an exchange affiliated with his crypto empire. 

#SHIBA✅🚀 #Crypto #CryptoNewsFlash #CryptonewswithJack 

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#Cardano founder Charles Hoskinson reveals his positive experience engaging with the Ripple team, providing insights into potential partnerships. Hoskinson provided an update about his recent discussions with the Ripple team in a recent AMA session. The Angry Crypto Show, an X account covering Cardano-related news, shared some clips of Hoskinson’s comments yesterday. It should be recalled that last month, the Cardano founder met with top executives at Ripple, including the company’s CEO Brad Garlinghouse and CTO David Schwartz. Hoskinson Eyes RLUSD Potential Launch on Cardano Providing an update about his recent engagement with Ripple, Hoskinson emphasized that working with the San Francisco-based payments company has been easy. The Cardano founder revealed that he recently met the team behind Ripple’s RLUSD stablecoin. According to him, the RLUSD team is trying to recover from the intensive launch phase. For context, RLUSD, which launched earlier this month, is currently available on the Ethereum and XRP Ledger (XRPL) networks. Notably, Ripple plans to launch the stablecoin on other blockchain networks in the future. However, the company has yet to reveal the specific timeline for this expansion or identify which blockchains will be included in the next phase of the rollout. Interestingly, Hoskinson expressed confidence that the stablecoin team will launch RLUSD on other blockchain networks next year. He indicated that RLUSD could be incorporated into the Cardano ecosystem, stating that “there is no reason for us not to work together.” #CryptoNewsFlash

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Montenegro’s Minister of Justice has approved the United States request to extradite Do Kwon, the infamous #Terra (LUNA) founder. Minister Bojan Bozokiv signed the verdict on December 27, ending the lingering decision. Notably, the US and South Korea keenly contested the extradition of the embattled Terra boss, seeking to prosecute him for his alleged involvement in the notorious 2022 Terra implosion. For context, the Terra ecosystem tumbled in 2022, wiping out billions of dollars from the cryptocurrency market. Its native token, LUNA, crashed from over $100 to almost nothing after the algorithmic stablecoin TerraUSD depegged from the dollar valuation. Following the over $40 billion crypto wipeout, Do Kwon took to his heels, escaping to Serbia before moving into Montenegro. In March 2023, the Montenegro police force arrested him and his partner, Han Cheng Jun, in the Podgorica airport while they attempted to flee the country to Dubai. Justice Minister Issues Verdict Notably, the United States and South Korea had previously filed a request to extradite Do Kwon. Both countries’ prosecutors sought to indict the Terra boss for his involvement in the 2022 crash. Bozokiv built on an earlier ruling by the Montenegro Supreme Court, stating that both the US and South Korea met the requirements to extradite Do Kwon from the Southeastern European country. Meanwhile, the Minister of Justice favored the United States. He considered criteria like the gravity of the crime, order of submission, citizenship, and the possibility of further extradition and concluded that Do Kwon would head to the US. Notably, the statement did not mention the extradition details, such as the date and means of movement. Moreover, Do Kwon remains in the facility for foreigners in Montenegro after being released from prison last year. #CryptoNewsCommunity

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The team behind the #shiba⚡ Inu ecosystem publishes the closing edition of The Shib magazine for 2024, reflecting on the transformative journey the cryptocurrency experienced this year. According to the team, 2024 was a year of monumental growth, during which Shiba Inu transitioned from its meme origin into a global crypto powerhouse. This significant feat was driven by strategic partnerships, innovation, community-driven initiatives, and a rapidly expanding ecosystem. #CryptoNewss

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