Blockfills Files for Chapter 11 Bankruptcy Following Month-Long Liquidity Freeze

Blockfills has filed for voluntary Chapter 11 bankruptcy protection on March 15, 2026, after pausing deposits and withdrawals over financial concerns since Feb. 11. A Protracted Liquidity Crisis Institutional cryptocurrency trading firm Blockfills has officially filed for voluntary Chapter 11 bankruptcy protection, a move that comes more than a month after the firm paused deposits…

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COBOL Is the Asbestos of Programming Languages

Early in the Covid-19 pandemic, the governor of New Jersey made an unusual admission: He’d run out of COBOL developers. The state’s unemployment insurance systems were written in the 60-year-old programming language and needed to be updated to handle the hundreds of thousands of claims. Trouble was, few of the state’s employees knew how to…

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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…

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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…

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