Wollito UAB

The Three Arrows Capital co-founder says he had the best sleep of his life and felt a “magical feeling” of kinship with his ancestors.

‘Enjoyable experience’ — Su Zhu loved his 3 months in Singapore prison

Su Zhu, the co-founder of the collapsed hedge fund Three Arrows Capital (3AC), says he had the “best sleep” of his life while serving a nearly three-month-long sentence in a Singapor...

7 months ago

Asset management firms have cut fees on their Bitcoin exchange-traded funds (ETFs) in Europe by over 60% to compete with products now available to U.S. investors.

Asset managers cut fees for European Bitcoin ETFs as competition grows

In an interview with the Financial Times, Gary Buxton, Invesco head of ETFs for Europe, the Middle East and Africa, and Asia Pacific, said many ETF providers have lowered the...

7 months ago

Bitcoin Ordinals Art Sold Out at Sotheby’s

Bitcoin Ordinals ‘Genesis Cat’ Sells for $254K in Sotheby’s Digital Art Auction

“Genesis Cat,” a digital art piece created on the Bitcoin blockchain’s Ordinals protocol, was sold for over $250,000 at a recent Sotheby’s auction.

7 months ago

Terraform Labs, the blockchain firm behind the notorious Terra ecosystem, has filed for bankruptcy in the U.S. a month after a court ruled that the firm violated the U.S. laws.

Terra developer Terraform Labs files for Chapter 11 bankruptcy

In court documents filed on Jan. 21, the Singapore-based blockchain firm Terraform Labs disclosed liabilities ranging from $100 million to $500 million. Among the creditors h...

7 months ago

Sri Lanka's Regulatory Outlook and the Dawn of 'Lanka Pay' in 2024

Sri Lanka’s Stance on Crypto and the Launch of ‘Lanka Pay’ in 2024

Sri Lanka has always been a country where cash is king and this remains the case despite the country planning to introduce its digital currency by the end of 2024. Once dubbed “t...

7 months ago

Jicha and USI Tech’s Fraud Scheme

Crypto Firm USI Tech Founder Horst Jicha Arrested for Alleged $150 Million Fraud

Horst Jicha, the founder of crypto firm USI Tech, has been arrested and charged by U.S. authorities for his involvement in an alleged $150 million international fraud scheme.

7 months ago

MetaMask, the non-custodial wallet developed by Consensys, has launched Validator Staking on MetaMask Portfolio, enabling users to run their own Ethereum validator nodes but with a 10% fee.

MetaMask rolls out Validator Staking, opening path for user-run Ethereum nodes

As per the Jan. 18 announcement, the feature will allow users to operate their Ethereum validator node without the complexities of pooling or the need for specialized hardware. MetaMas...

8 months ago

Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”

Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin

Futures traders betting on higher crypto prices saw some $217 million in liquidations in the past 24 hours as the approval of spot bitcoin (BTC) exchange-traded funds (ETF) continues t...

8 months ago

Cathie Wood’s Ark Invest has continued to buy its own ARK 21Shares spot Bitcoin exchange-traded fund (ETF) worth $15 million.

Cathie Wood’s Ark Invest Buys Another $15M of its Spot Bitcoin ETF Shares

Bloomberg Intelligence claimed that funneling Ark Invest’s own money into ARKB is a measure taken to gain scale swiftly. The SEC’s approval has “set up an unusually high-s...

8 months ago

USA election and promises

Trump’s Promise: “I Will Never Allow The Creation Of A CBDC”

Former US President Donald Trump has been dismissive about the value of cryptos and central bank digital currencies (CBDCs) in the past. The 2024 Republican frontrunner has once again promised a...

8 months ago