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Montenegro’s High Court just decided that the founder of the failed Terra crypto blockchain Do Kwon will be extradited to the US, where he is being prosecuted for crypto fraud, a local news outlet reported on Wednesday.

With major cryptocurrencies succumbing to profit-taking in the wake of strong gains in recent weeks, investors hunting for the best crypto to buy today are scouring altcoin markets for asymmetric investment opportunities.

US crypto advocacy group, the Chamber of Digital Commerce (CDC), is opposing Senator Elizabeth Warren’s anti money-laundering (AML) DAAMLA legislation, claiming she is “trying to kill the entire industry,” according to a tweet yesterday on X.

Young, aspiring Indians are among customers driving volumes at Italian supercar maker Lamborghini, which posted record sales last year, global chief executive Stephan Winkelmann told ET. Its signature, wedge-shaped sports car is one of the fastest production vehicles available to the seriously wealthy and the marque is seeing demand not only from buyers in the country, but also Indians in the US, Europe and Southeast Asia, where they have second homes, he said. Winkelmann, on his first visit to the country in 10 years, said the improvement in India's infrastructure has «surprised» him. He's also excited that women are increasingly gravitating toward the brand, even in India. The consumer mood in the country is buoyant and if the tax regime continues to remain stable, opportunities to expand sales are robust, he said. «There have been a lot of changes and in terms of infrastructure — this is striking immediately. And for sure, also in our type of business now; the car industry has exploded,» he said. «We think that everybody is in the right place to do business and we have grown as Lamborghini, which is very positive… I think we're very well-positioned.»

(Reuters) — A court in Montenegro on Wednesday ruled that crypto entrepreneur and Terraforms Labs co-founder Do Kwon should be extradited to the United States, rather than to his home country South Korea, to stand trial on fraud charges, the Wall Street Journal reported.

Investing.com-- Oil prices settled higher Wednesday as investors awaited further catalysts including a flurry of economic data and an update on U.S. crude inventories due later this week after the Federal Reserve's minutes from its January meeting reinforced expectations for higher for longer rates.

Joe Biden's administration announced that more than 150,000 borrowers will receive $1.2 billion in student loan forgiveness under a program unveiled in January seeking to provide relief for Americans who had been making payments for at least a decade. The move — which benefits those enrolled in the government's Saving on a Valuable Education (SAVE) plan — wipes out loans for those who borrowed less than $12,000 for their higher education. Other income-driven repayment plans also forgive balances, but only after 20 or 25 years of repayment.

India is poised to overtake China as the largest member of the World Trade Centers Association (WTCA) in the next five years, its chairman said, underscoring a hitherto circumspect New Delhi's rapid global strides that neatly dovetail into a China-plus-one corporate sourcing strategy aimed at derisking supply chains across the planet. «I would say, particularly in the past 10 years, India's presence on the global stage has become increasingly pronounced,» said John E. Drew, Chairman of the WTCA, an international trade platform that connects more than 300 WTCs in nearly 100 countries. «While India's growth trajectory has been ongoing, its recognition and active participation in major economic discussions alongside China, the US, Russia, and the EU signify its emergence as a significant player in the global economy,» he said. Currently, India has about 40 WTC licensees covering more than 30 cities. According to the real estate developer, a large number of Indian entrepreneurs establishing successful companies in the US, particularly in tech hubs like California and Massachusetts, further strengthened India's influence in global business. «I expect this trend to continue, paralleling the trajectory seen with Chinese entrepreneurship,» he said.

Snap Camera India, the local unit of social networking and messaging platform Snapchat's US-based parent company Snap Inc, has reported a 20% increase in revenue to ₹79 crore for 2022-23, compared to ₹65.7 crore in the previous fiscal. According to the financial data obtained from the Registrar of Companies, the company's net profit surged 24% to ₹7.7 crore, as against ₹6.2 crore in the previous fiscal. Expenses went up 20.2% to ₹69 crore from ₹57.4 crore.

ADIA, Stonepeak, DigitalBridge, KKR and Permira are among those tapped to acquire US buyout group Carlyle’s 24.04% stake in Bharti Airtel’s data centre arm, Nxtra Data Ltd (NDL), people aware of the matter said. The Carlyle Group, among the world’s largest investment firms, is looking to sell the stake for Rs 7,000-7,500 crore, valuing Airtel’s data centre unit at Rs 24,000-29,000 crore ($3-3.5 billion, inclusive of debt), the people cited said. Bharti Airtel owns 75.96% of Nxtra Data, a leading player in India’s data centre industry. Airtel has first right of refusal on the stake but is reckoned to have waived it, said the people cited.

Canadians might have to pay more for chocolate and candies this Easter as manufacturers feel the crunch of high cocoa prices, which peaked earlier this month.

crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday «aligned with its efforts to ensure that USDC remained trusted, transparent and safe». Boston-based Circle said in a blog that, effective immediately, it would no longer mint USDC tokens on Tron, a fast-growing platform widely used for transferring stablecoins whose founder is facing regulatory problems in the United States.

Bitcoin is riding high. The world's largest cryptocurrency has leapt 22% this year to $52,005, pushing it past a market value of $1 trillion mark for the first time since its record heyday of late 2021.

click here Rahul Gandhi accused Prime Minister Narendra Modi of discriminating against Dalits, and other backward classes. The former Congress president and Wayanad MP Rahul Gandhi took a Ram Rajya jibe and said the Centre has failed to generate enough employment opportunities for the downtrodden constituting "90 per cent of the population," in the country. For full story click here Congress Uttar Pradesh in-charge Avinash Pande announced on Wednesday that the party will contest on 17 of the 80 Lok Sabha seats in Uttar Pradesh.

Boeing 737 MAX-8 jets in March 2019, staff at his department prepared three very different speeches.They outlined three different scenarios: restricting the aircraft from Canadian airspace, as many countries already had, declaring the MAX-8 safe to fly, as the Americans did, or allowing the aircraft to operate “only if certain standards were met.”The speeches are part of a newly released trove of internal documents on the federal government’s decision to ground the Boeing jets following a deadly 2019 crash in Ethiopia that killed 18 Canadians.Next month marks the fifth anniversary of the disaster.It’s not unusual for staff to draft multiple versions of speeches for ministers. But the fact that each of Garneau’s three prepared remarks contained vastly different decisions on the grounding of the MAX-8 illustrates the uncertainty at Transport Canada over the jets’ safety.Emails, memos and briefing notes obtained by Global News through access to information law show three days of flurried activity at Transport Canada as the agency’s position continuously evolved.

By Steve Gorman

By Katharine Jackson and Raphael Satter

The NSE Nifty50 fell 0.64% to 22,055, while the S&P BSE Sensex settled 0.59% lower at 72,623.09. The Nifty50 had gained as much as 0.24% in the first hour of the trade to hit a record high for the third session in a row, before reversing gains in the final hours.

Wipro Ltd on Wednesday disclosed a new deal with US chipmaker, Intel Foundry. The deal with the chip development division of Intel will further see Wipro engineers work on Intel’s latest ‘18A’ chip node that will be used in cutting-edge consumer electronics devices next year onward. Though Wipro did not disclose the exact size of the deal, two senior industry consultants said under conditions of anonymity that the deal with Intel Foundry is expected to be one of Wipro’s largest deal signings in the past three years.

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Gemini founders Cameron and Tyler Winklevoss have sent $4.9 million to crypto super political action committee (PAC), federal filings reveal.