Key Takeaways: The Federal Reserve has officially concluded its enforcement action against Farmington State Bank, which was previously intertwined with the now-defunct FTX. Initially impacted by FTX’s collapse, Farmington aimed to return to its roots as a community bank. The…
Key Takeaways In a significant turn of events, Jinwook Shin, the CEO of Bitsonic, once a prominent player in South Korea’s crypto scene, has been slapped with a seven-year prison sentence for his role in a fraudulent scheme. Bitsonic, which…
Key Takeaways In its recent earnings call for Q4 2023, MicroStrategy, a prominent enterprise software company known for holding a substantial amount of Bitcoin, shared some significant updates. The company announced that it had added 850 BTC to its holdings…
Key takeaways: In a significant development in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), a U.S. district judge has ruled in favor of the SEC’s motion, ordering Ripple to furnish additional information…
Key Takeaways: OKX, a prominent cryptocurrency exchange, has found itself embroiled in controversy amid allegations that it may be allowing the use of counterfeit identification documents for its Know-Your-Customer (KYC) verification process. Reports indicate that a service known as OnlyFake…
Jupiter (JUP) is a decentralized exchange (DEX) token that runs on the Solana blockchain. It is one of the most advanced swap aggregation engines in the industry, offering a range of DeFi products and services. JUP was launched on 31…
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