
Italy dedicates $46 million for blockchain research
Italy reserved more than $46 million for companies who want to launch subsidiaries for blockchain research.
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FTX is looking to invest to stop the "spread of contagion" across the ecosystem with up to $2B in cash ready to be deployed.

A recent survey from DebtHammer showed that a significant portion of retail investors in the U.S. have been borrowing money and defaulting on their bills in order to buy cryptocurrencies.

Sam Bankman-Fried's Alameda Ventures surrendered 4.5M shares in Voyager just days after purchasing 14.9M shares and a week before Voyager suspended trading.

According to the court filings, Deribit claimed, "the company is or is likely to become unable to pay its debts as they fall due, and therefore insolvent."

Venture capital firms that have ownership in a large number of unicorns are pouring money into two sectors — internet services and fintech.

Voyager has suspended trading, deposits, withdrawals, and rewards effective 2PM EDT June 30. It s share price fell 38% on the news.



