Author: Cointelegraph by Vince Quill

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Italian gov't to ramp up surveillance of crypto market

The latest draft policy stipulated fines between 5,000 – 5 million euros ($5,400-$5.4 million) for market manipulation and other financial…
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Bitcoin exchange reserve metric hits 3-year low

Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin.…
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CleanSpark acquires 5 mining facilities in Georgia

The new facilities are expected to increase CleanSpark’s hashrate to over 20 exahashes per second by the end of June,…
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Digital asset funds see biggest weekly outflow since March

According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14.…
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Former SEC official David Hirsch says he is not joining pump.fun

Rumors have been circulating that the recently retired SEC veteran was taking on a private role in the digital asset…
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Former Binance CEO 'CZ' owns 64% of BNB circulating supply — Report

Forbes estimates Zhao’s net worth at a staggering $61 billion—ranking the former CEO as the world’s 24th richest person. Source…
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Nigerian officials drop some charges against detained Binance exec

The next court dates in Tigran Gambaryan’s case are scheduled for June 19–20, according to a family spokesperson. Source link

BREAKING: Terraform to pay $4.47B to resolve SEC civil lawsuit

The settlement would resolve a civil lawsuit filed by the Securities and Exchange Commission following Terraform’s collapse in 2022. Source…
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Bitcoin network transaction fees temporarily soar to nearly $52

The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning.…
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Core Scientific declines unsolicited Coreweave buyout bid

The unsolicited buyout bid followed a series of long-term business contracts in which Core Scientific would provide infrastructure for Coreweave.…
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