#exchange

Web3 studio Toonstar is currently developing an animated satirical series named FORTUN3. The show's storyline draws inspiration from the real-life events surrounding the FTX exchange, spotlighting Sam Bankman-Fried. The release of the series is scheduled for this coming fall. Viewers will have the opportunity to interact with the show through an online game that can be accessed via an NFT.

The service is built on the Stellar blockchain and activated by the MoneyGram retail agent network, allowing the exchange's clients to convert digital currency into cash. You can exchange USDC for hryvnias, dollars, and euros at respective MoneyGram branches throughout Ukraine. Currently, the service is available only to users residing in Ukraine who have completed KYC verification with Ukrainian documents. There are no fees for this service until June 2024! For the user, the entire process consists of several steps, which are thoroughly described in the comprehensive exchange instructions on the WhiteBIT website.

On the morning of July 13, Alex Mashinsky, the former CEO of the now-bankrupt crypto lender Celsius, was reportedly arrested. The news broke minutes after the United States Securities and Exchange Commission filed a lawsuit against the crypto lender on the same day. The company’s token dropped 6% upon hearing the news. The former CEO was arrested following an investigation into the company’s collapse. Celsius Network initiated the process of filing for bankruptcy on July 14 of the previous year. Investigators at the Commodity Futures Trading Commission found Mashinsky guilty of breaking numerous U.S. regulations prior to the company’s implosion in 2022. The investigation into the troubled crypto lender began after the New York Attorney General sued Mashinsky on January 5. The lawsuit alleged that the former CEO misled investors and caused billions of dollars in losses.

Valkyrie's spot Bitcoin ETF application has officially entered the review stage at the U.S. Securities and Exchange Commission (SEC). It comes right after BlackRock's recent submission. Here's an interesting detail: this ETF has been given the ticker symbol BRRR, a sound crypto enthusiasts often equate with the whir of a money printing machine! The SEC has a window of up to 45 days (which can be extended to 90 days in special cases) to review Valkyrie's application.