Market remains flat, with losses during the Asia session offset by strength in U.S. trading hours. As of now, $BTC is trading at $92,507 and $ETH at $3,236, with Bitcoin dominance at 59.45%.
Do Kwon was sentenced to 15 years in U.S. federal prison—exceeding prosecutors’ 12-year request—after pleading guilty to wire fraud and conspiracy to defraud. The judge said Kwon knowingly misled investors about the system’s stability, and while the plea deal helped him avoid a potential 135-year sentence, he may still face additional legal proceedings in South Korea.
A few other headlines include: x402 releasing V2 and expanding beyond single-call payments into a broader payment layer; Stripe acquiring the team from crypto wallet app Valora; and the CFTC rolling back its 2020 guidance on the “actual delivery” of digital assets.
During the last 24 hours, the top three gainers were $HASH, $ZEC, and $BAT, while the top three losers were $NIGHT, $SEI, and $ADA.
