The SEC has initiated a public comment period for the Canary Litecoin ETF, marking a significant step towards potentially approving the first Litecoin-based exchange-traded fund in the U.S.
Do Kwon, the former CEO of Terraform Labs and co-founder of the Terra blockchain ecosystem, has been arrested in Montenegro, according to a series of tweets by the country's Minister of Interior, Filip Adzic. Do Kwon's arrest has sent shockwaves through the crypto community, leading to a significant drop in the value of Terra's native LUNA tokens.