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Spain's National Securities Market Commission (CNMV) has alerted Social Network X to potential violations due to fraudulent cryptocurrency advertisements on the platform.

The Velo Protocol project, which is working towards expanding the accessibility of cryptocurrency financial services and the wider adoption of digital assets, has received a $10 million investment from DWF Labs, a heavyweight in the market-making sector of cryptocurrency.

They point to some key factors: 1. They question whether there is genuinely new capital entering the crypto market or if existing capital is just shifting into the newly-approved ETFs.

According to Claims Market, there has been a rise to 55% in the value of claims from FTX’s creditors after Sam Bankman-Fried was found guilty on all charges, and Anthropic’s market value has gone up.