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Crypto Mogul Do Kwon to Be Extradited to US, Montenegro Says

(Bloomberg) -- Terraform Labs Pte. co-founder Do Kwon will be handed over to the US for prosecution, the government of Montenegro said, potentially ending a standoff over competing extradition demands by the US and Kwon’s native South Korea.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024“Most criteria envisaged by the law are in favor of the extradition demands from the institutions of the United States of America,” the Montenegro’s Justice Ministry said in s

Brazil’s Annual Inflation Slows, Giving Central Bank Limited Respite

(Bloomberg) -- Brazil’s annual inflation unexpectedly slowed in early December as energy costs dropped, giving central bankers limited relief as they pledge two more jumbo interest rate hikes by March.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Official data released Friday showed consumer prices rose 4.71% from a year earlier, below the 4.83% median estimate in a Bloomberg survey of economists and the prior reading of 4.77%. On the month, they increased 0

Rand Poised for Rebound as Options Market Turns More Bullish

(Bloomberg) -- Positioning in the options market suggests South Africa’s rand is poised for a rebound that may be as steep as its rapid decline in December.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Ho Chi Minh City Opens First Metro Line After Years of DelayThe rand is on track for its worst December performance since 2015, and its biggest quarterly decline in more than two years. That came after hedge funds liquidated long rand-dollar futures at the fas

How To Earn $500 A Month From RPM International Stock Ahead Of Q2 Earnings

Analysts expect RPM International Inc. (NYSE:RPM) to report second-quarter earnings at $1.34 per share before the opening bell, on Tuesday, Jan. 7, 2025. That’s up from $1.22 per share in the year-ago period. The Medina, Ohio-based company projects quarterly revenue of $1.79 billion, compared to $1.79 billion a year earlier, according to data from Benzinga Pro. On Oct. 2, RPM International reported first-quarter results. Sales declined 2.1% Y/Y to $1.97 billion, missing the consensus of $2.015 b

Tokenization Has Become Wall Street’s Latest Favorite Crypto Buzzword

(Bloomberg) -- Bitcoin’s record-breaking rally is rekindling hope that the digital-ledger technology that underpins cryptocurrencies will revolutionize everything from recording the ownership of houses to bonds.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Tokenization, or the process of creating digital representations of real-world assets on a blockchain, has become one of this year’s buzzwords in both conventional and crypto finance circles. The excitemen