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Bitkub CTO Slammed With $230,000 Fine For Insider Trading

NagaNaga Avan-Nomayo·
Bitkub
Summary: Thailand regulators have issued a fine to Samret Wajanasathian, the Chief Technology Officer of local crypto exchange Bitkub. Wajanasathian purchased tokens with inside information shortly before the exchange announced a major acquisition, per reports. The CTO allegedly bought $60,000 worth of KUB tokens as acquisition talks were ongoing. Thai’s...

Bitstamp All Set To Charge Inactive Accounts A €10 Fee

Avatar photoJuhi Mirza·
Bitstamp All Set To Charge Inactive Accounts A €10 Fee 13
Crypto exchange Bitstamp has announced a new rule which states that it will start levying a €10 fee on some inactive accounts.  The new rule will not be applicable to the US based customers.  Crypto exchange Bitstamp will be levying a €10 inactivity charge on some of its users. As...

BlockFi declares bankruptcy, files Chapter 11

NagaNaga Avan-Nomayo·
Blockfi
Summary: Crypto lender BlockFi declared bankruptcy on Monday after exposure to FTX. The company had some 100,000 creditors and around $256 million in cash when chapter 11 was filed. FTX backed the lender with a $250 million loan following Three Arrows Capital exposure. Cryptocurrency lender BlockFi filed for chapter 11...

Breaking: Crypto Giant Binance Makes Investment in Futures Upstart FTX

Nick Chong·
Breaking: Crypto Giant Binance Makes Investment in Futures Upstart FTX 17
If you’ve been on Crypto Twitter over the past few months, you’ve likely heard the name “FTX” tossed about. For those who missed the memo, FTX is a cryptocurrency-centric derivatives exchange built by veterans of Wall Street (Jane Street, Susquehanna, and Optiver) and other financial markets. The platform offers high...

Breaking: SEC Halts Telegram Crypto Ambitions, Calls It “Unregistered”

Nick Chong·
Breaking: SEC Halts Telegram Crypto Ambitions, Calls It "Unregistered" 19
Well here’s yet another breaking story. In a U.S. Securities and Exchange Commission (SEC) press release published on Friday afternoon, it was revealed that the agency has “filed an emergency action and obtained temporary restraining order” against two entities behind the Telegram ICO for the Telegram Open Network (TON). The...

BREAKING: SOL Price Skyrockets 16% As Google Cloud Announces A New Block Producing Solana Validator To Participate In Network’s Validation Process

Avatar photoJuhi Mirza·
BREAKING: SOL Price Skyrockets 16% As Google Cloud Announces A New Block Producing Solana Validator To Participate In Network's Validation Process 20
Sol prices are up 16% at press time as Google Cloud took to Twitter to announce a new block-producing solana validator. The platform has also launched Blockchain Node Engine, a service that helps” Web3 developers build and deploy new products on blockchain-based platforms.” Solana x Google Cloud Speculations are rife...