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Montenegro Court Blocks Do Kwon’s Extradition to South Korea

[May 24, 2024 9:55 AM] A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and…

Onchain Fees for Bitcoin Drop to Six-Month Low

[May 24, 2024 9:14 AM] Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per…

Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency

[May 23, 2024 4:33 PM] ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding. Initially recognized for its capability as a server-side backdoor, Ebury has compromised roughly 400,000 Linux…