South Korea Fines Bithumb $25M and Orders 6-Month Partial Suspension Over AML Violations

South Korean regulators have imposed a roughly $25 million fine and a six-month partial business suspension on crypto exchange Bithumb after finding millions of anti-money-laundering and identity-verification violations. Bithumb Sanctioned by South Korean FIU Over Identity Verification Failures Reports note that South Korea’s Financial Intelligence Unit (FIU), operating under the Financial Services Commission, finalized sanctions…

Read More

Alto Neuroscience stock rises as firm secures $120M to advance depression drug

Alto Neuroscience, a clinical-stage biopharmaceutical company focused on neuropsychiatric disorders, has secured $120 million from institutional and accredited investors to advance ALTO-207, a fixed-dose combination targeting treatment-resistant depression. ALTO-207 is a novel therapy for treatment-resistant depression that pairs pramipexole, a dopamine receptor agonist, with ondansetron. The combination is designed to enhance antidepressant effects in patients…

Read More

Ethereum Price $2,200 Recovery: Reversal Confirmed?

Ethereum price has finally begun to recover, climbing back above the psychologically significant $2,150 zone after weeks of testing holders’ patience. As usual, the requirements are the same: ETH must close the daily candle above $2,200 and hold this level to potentially build a further upward leg (with $2,500-2,700 as immediate targets). However, breaking below…

Read More

Paris Blockchain Week Poised to Fill Gap Left by Token 2049 Dubai Cancellation

April event expected to draw thousands as industry reshuffles its spring conference calendar. The cancellation of Token 2049 Dubai has sent ripples through the digital asset industry’s spring events calendar, with many companies now redirecting their attention to Paris Blockchain Week, scheduled for April 15–16 in the French capital. Token 2049, one of the crypto…

Read More

Tesla secures SpaceX stake through xAI merger ahead of IPO

Tesla has received regulatory clearance to convert its investment in Elon Musk’s artificial intelligence firm xAI into a small stake in SpaceX, formalizing financial ties between the billionaire’s companies ahead of the rocket maker’s planned initial public offering, according to a Bloomberg report. Filings with the US Federal Trade Commission list Tesla as the acquirer…

Read More