Wollito UAB

Trader Joe’s meteoric rise on Avalanche

Trader Joe surpasses PancakeSwap to become the second-largest DEX on Avalanche

In a significant development within the decentralized exchange (DEX) landscape, Trader Joe has emerged as a dominant force on the Avalanche blockchain, surpassing PancakeSwap to claim the title ...

7 months ago

A United States Treasury official has clarified that cryptocurrencies play a minimal role in financing the operations of militant groups

US Treasury reports minimal crypto use in financing Hamas activities

Brian Nelson, the Treasury’s Undersecretary for Terrorism and Financial Intelligence, addressed misconceptions during a testimony before the House Financial Services Committee on...

7 months ago

Genesis’ Grayscale Shares Valued at $1.6B

Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients

Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares ...

7 months ago

Nelson Highlights Treasury’s Focus on Illicit Finance

US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing

The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared test...

7 months ago

Between Feb. 13 and Feb. 14, 2024, the volume of liquidations in the cryptocurrency market approached $140 million.

Crypto liquidations daily volume approaches $140m

According to CoinGlass, 45,965 traders have had their positions liquidated in the last 24 hours. Approximately $91 million in losses came from long positions and almost $49 million from sho...

7 months ago

Bitcoin’s recent rise above $50,000 for the first time since late 2021

Bitcoin Breaks $50K Barrier: Bulls Roar Back After ETF Launch

This rally represents a recovery from the initial days following the opening of the spot ETFs, when Bitcoin experienced a drop below $40,000, eventually plummeting to $38,500 shortly after the E...

7 months ago

Policy Implication of Warren’s Anti-Crypto Legislation

Blockchain Association Warns Warren’s Anti-Crypto Legislation Threatens US Jobs and Strategic Advantage

The Blockchain Association has sent a second letter to the House Financial Services Committee and Senate Banking Committee expressing concerns over a bill sponsored by Senator Elizabeth Warren.

7 months ago

Most accused celebrities came out to deny their links to the fraudulent schemes, while a few involved have ceased all relationships with the accused firm.

South Korea rocked by alleged celebrity crypto scandal

South Korea has been hit by an alleged crypto scandal linked to many popular celebrities and YouTubers involving the promotion of a fraudulent scheme. According to a report p...

7 months ago

San Francisco-based venture capital firm Founders Fund spent $100 million on Bitcoin, and another $100 million on Ethereum last year.

Peter Thiel’s Founders Fund reportedly spent $200m on crypto

In the summer of 2023, when Bitcoin (BTC) was trading below the $30,000 mark, Peter Thiel’s Founders Fund began actively buying BTC alongside Ethereum (ETH), the second...

7 months ago

An analysis by Web3 firm De.Fi shows that nearly 75% of the top tokens by volume feature governance risk factors.

Governance poses threat to 75% of top tokens — Report

A bulk of the largest tokens by volume face significant governance risks, failing to follow best practices to prevent exploits and other security threats. According to an analysis from...

7 months ago