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Crypto Weekly Digest: SBF Might Be Pardoned, Coinbase CEO Profited After Trump’s Victory, and Montenegro Rejects Another Appeal from Do Kwon

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MINE.exchange has collected for you the latest web3 news from the past week that you might have missed.

Tether has invested $775 million in the Canadian video hosting platform Rumble, supporting the development of decentralized media platforms.

– After Hunter Biden received a pardon from his father, rumors of potential new amnesties from the president began circulating online. Among the rumored candidates is former FTX CEO Sam Bankman-Fried (SBF).

Elon Musk’s AI startup, xAI, has started testing an iOS app for its chatbot Grok, currently available only to users of the X platform.

– The IRS clarified that rewards from cryptocurrency staking are taxable as soon as the tokens are received.

– Telecommunications company Nokia has filed a patent application in China for a device and software aimed at encrypting digital assets.

– Coinbase CEO Brian Armstrong earned $437 million from selling company shares after Donald Trump was elected President of the United States, boosting his net worth by $2 billion.

– The Constitutional Court of Montenegro rejected an appeal in the extradition case of Do Kwon. The decision on which country the former Terraform Labs CEO will be extradited to has once again been handed over to Montenegro’s Minister of Justice.

– The cryptocurrency exchange Kraken announced that starting December 30, 2024, it will introduce additional verification measures for users in Europe.

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