Wollito UAB

The U.S. Department of the Treasury’s OFAC has sanctioned a Russian one-way attack UAV developer, which solicited donations in crypto on Telegram.

US sanctions crypto addresses tied to Russian drone developer

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on May 1 sanctioned nearly 300 individuals and entities in a bid “to limit the Kremlin’s revenue a...

4 months ago

Fidelity Records Largest Daily Outflow

BlackRock’s IBIT Experiences $37M Outflows for First Time, Other Funds See Combined $526.8M Withdrawals

The spot Bitcoin exchange-traded funds (ETFs) in the United States have witnessed record net outflows, with BlackRock’s iShares Bitcoin Trust (IBIT) experiencing&n...

4 months ago

UK Crypto Firms Face Uphill Battle as FCA Registration Process Weeds Out Many

UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023

The UK’s financial watchdog dedicated nearly a third (30%) of its financial crime specialists to overseeing crypto asset businesses in 2023, according to a report released&n...

4 months ago

Animoca’s move into Bitcoin involves the Opal Protocol and BLIF token, which were initiated by Animoca and Darewise.

Blockchain gaming firm Animoca Brands ‘comes to Bitcoin’

Hong Kong-based game software company Animoca Brands is entering the Bitcoin industry by backing the Opal Foundation, a new Bitcoin ecosystem protocol. Animoca Brands took to X on...

4 months ago

The exchange is optimizing operations after acquiring ErisX on the eve of crypto winter and expects to save millions.

Cboe reorganization will merge or eliminate digital arm’s activities

Equity exchange network Cboe Global Markets has announced plans to reorganize its digital assets trading operations, including eliminating its digital spot market. Cboe said it will re...

4 months ago

Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account.

Custodia Bank takes case to higher court after March setback

Custodia Bank has filed a notice of appeal with the United States Tenth Circuit Court of Appeals, challenging a lower court’s decision from March denying its attempt to officiall...

4 months ago

Tether’s brand new division Tether Evo has completed a $200 million strategic investment in the neural implant firm.

Stablecoin firm Tether invests $200M in neurotech company

Tether — the operator of the eponymous Tether USDT $1.00 stablecoin, the world’s largest stablecoin by market value — has completed a ...

4 months ago

The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project.

‘Lost’ Yuga Labs restructures again, with layoffs, new executive

Yuga Labs CEO Greg Solano had a “tough day,” he informed company employees in a message that he then shared with the world on X. Some of those employees had an even worse day after a...

4 months ago

Airdrops from two cat-themed memecoins may have paid off the entire pre-order value of the Solana ‘Chapter 2’ mobile device.

Solana Mobile ‘Chapter 2’ airdrops briefly exceed cost of pre-order

Pre-order holders of Solana’s ‘Chapter 2’ mobile phone had a brief chance to profit from the yet-to-be-released mobile phone — after memecoins airdropped to buyers briefl...

4 months ago

The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.

SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Geosyn Mining and its co-founders, alleging they defrauded investors out of $5.6 million by lying about the...

4 months ago