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FTX Estate Stakes $122 Million Worth of Solana: On-Chain Report


The FTX bankruptcy estate has staked over 5.5 million Solana (SOL) tokens, valued at a substantial $122 million, from one of the exchange’s main Solana blockchain wallets. The action was revealed through on-chain data from blockchain explorer SolanaFM and was first reported by The Block. One...

Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions


In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased...

Russian Crypto Exchange Moves Money for Gaza Groups, Report


Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been...

Tax Report Unveils Hundreds of South Korean Crypto Whales


Data from a new South Korean tax report has revealed details of hundreds of crypto whales with millions of USD worth of coins on overseas crypto exchanges. New tax rules that came into force this year require crypto holders to declare their holdings on foreign crypto platforms.... Read More:...

US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report


The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....

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