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The Commodity Futures Trading Commission (CFTC) recently announced that it awarded a crypto whistleblower with over $1 million. This reward was given based on the information provided by the whistleblower that enabled the CFTC to take action against improper trading in digital asset markets. Ian McGinley, the CFTC’s Director of Enforcement, emphasized the importance of
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Thailand’s Securities and Exchange Commission (SEC Thailand) recently announced the launch of a Digital Asset Regulatory Sandbox, aimed at supporting the testing and development of services related to digital assets. This initiative provides a structured environment for businesses to explore innovative solutions within a regulated framework. The sandbox is designed to facilitate the integration of
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Shibarium, the layer-2 scaling solution for Shiba Inu, has been making significant strides in improving transaction speed, scalability, and reducing costs within the Shiba Inu ecosystem. The latest development includes the announcement of a hard fork launch on August 9, introducing a burn mechanism to enhance the ecosystem. The Bor layer is a vital component
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In recent days, Bitcoin has seen a remarkable price recovery, surpassing $60,000 and nearing $63,000 for the first time since the weekend. This comes after a market-wide crash that occurred at the end of last week and especially on Monday, causing Bitcoin’s price to plummet from over $66,000 to a six-month low of $49,500. However,
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