Seven Seas Coffee Roasters Expands to Solana Beach with Unique Offerings

Eric Dobbs opened the third location of Seven Seas Coffee Roasters in Solana Beach in summer 2023, expanding his nautical-themed coffee brand that began at farmers markets. Known for specialty organic coffee sourced globally, the café also offers unique ice cream flavors and a welcoming atmosphere in the Cedros Design District. Community support has been pivotal to its success, with a focus on quality and creativity in both coffee and seasonal drinks.

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Do Kwon Extradited to US Facing Fraud Charges After Terra Collapse

Do Kwon, the founder of Terraform Labs, has been extradited to the United States from Montenegro to face fraud charges linked to the $40 billion collapse of the Terra ecosystem in 2022. Kwon, who was arrested while attempting to flee with a fake passport, faces multiple charges, including fraud and conspiracy, and could face decades in prison if convicted. His extradition follows the rejection of his final appeal by the Montenegro Constitutional Court.

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Montenegro Extradites Do Kwon to US Amid Fraud Charges

Do Kwon, the former CEO of Terraform Labs, was extradited from Montenegro to the US on December 31st to face fraud charges linked to the collapse of his cryptocurrencies, TerraUSD and Luna, which resulted in $40 billion in investor losses. Kwon, who was arrested in March 2023 while attempting to flee using a falsified passport, also faces charges in South Korea. He denies wrongdoing, but US authorities accuse him of orchestrating a large-scale securities fraud that misled investors about the stability of TerraUSD.

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Do Kwon to be Extradited to US After Losing Appeal in Montenegro

Do Kwon, the founder of Terra (LUNA), is set to be extradited to the US after losing an appeal in Montenegro’s Constitutional Court. The court confirmed that the conditions for extradition were met, favoring the US over South Korea, where Kwon also faces charges. Arrested in March 2023 with a fake passport, Kwon is accused of orchestrating a Ponzi scheme that resulted in a $40 billion loss for investors.

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Winna.com secures 15 million dollars in seed funding for crypto casino expansion

Winna.com, a crypto-focused casino platform launched in summer 2024, has secured $15 million in seed funding to enhance its offerings and accelerate growth. With over 10,000 active players, the platform emphasizes privacy, trust, and a provably fair gaming system, featuring a diverse range of games and a unique VIP program. CEO Paul Martens aims to innovate further in the crypto gambling space while maintaining a low house edge and fast payouts.

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Insights on global fast payment systems and their impact on financial inclusion

Faster payment systems (FPS) are transforming financial experiences globally, with over 100 jurisdictions adopting them, including 15 in Latin America. This volume examines the impact of FPS on financial inclusion, central bank roles, and interoperability, featuring case studies on Brazil’s Pix, Costa Rica’s SINPE Móvil, and India’s UPI. Insights from a joint workshop with the World Bank aim to enhance understanding and support effective policymaking in this rapidly evolving area.

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World Network Launches New Eye-Scanning Orb for Identity Verification

Sam Altman’s identity-focused crypto project has rebranded from Worldcoin to World Network, reflecting its mission to enhance human verification through its World ID system. The project unveiled an upgraded eye-scanning Orb device, featuring advanced AI capabilities and a more efficient design, aimed at expanding its verification services globally, including in countries like Costa Rica, Brazil, and the UAE.

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LEVR Bet Launches Testnet for First Decentralized Leveraged Sports Book

LEVR Bet has launched the testnet for its decentralized leveraged sports book exchange on the Monad blockchain, aiming to revolutionize the $100 billion sports betting market. The platform offers features like up to 5x leverage on bets, tokenized positions, and in-game marketplaces, enhancing user experience with faster execution and better odds. Backed by major investors, LEVR Bet combines sports betting with decentralized finance, targeting mainstream adoption as the NFL season begins.

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Armed Robbers Steal 700000 in Bitcoin from Israeli Nationals in Costa Rica

In a violent robbery in Puntarenas, Costa Rica, eight armed assailants stole approximately $700,000 in Bitcoin from a group of Israeli nationals during a social event. The robbers, dressed in police uniforms and appearing to have law enforcement training, overpowered security and targeted the victims, suggesting prior knowledge of their cryptocurrency holdings. This incident highlights a troubling rise in violent crypto-related crimes globally, with significant thefts reported in recent months.

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