Wollito UAB

Firms FTX and Alameda transferred $10.8 million in cryptocurrency to the Wintermute, Binance and Coinbase exchanges.

FTX and Alameda transferred $10.8m in cryptocurrency to three exchanges

According to Spot On Chain, the companies — now under receivership — transferred $10.8 million in eight crypto assets: 10 million StepN (GMT) ($2.58 million), 407,000 Uniswap (UNI) (...

9 months ago

Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust.

Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacted by the exchange’s collapse in 2022,&...

9 months ago

The licence will allow Fasset to serve institutional investors, qualified investors and retail investors.

Digital Asset Investment Platform Fasset Wins Operational License in Dubai

Fasset, a digital asset investment platform, has won a license to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional, qualified, and retail investors...

9 months ago

DCG has paid about $227.3 million to Genesis so far and plans to pay another $275 million it owes by April.

Genesis-DCG Propose to Settle Lawsuit: Bankruptcy Filing

Digital Currency Group (DCG) and Genesis Global have reached a repayment plan to settle their lawsuit, according to a new bankruptcy filing. In September, Genesis filed a lawsuit ...

9 months ago

The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot.

HSBC, Hang Seng Join China’s Digital Yuan Pilot

21st Century Business Herald reported that a group of “four foreign banks” have “officially announced the launch of digital yuan business.” HSBC’s Ch...

9 months ago

Coinbase CEO Brian Armstrong told CNBC’s Joumanna Bercetche that the U.S. government’s enforcement action against Binance will allow the crypto industry to “turn the page.”

CRYPTO WORLD Coinbase CEO says crypto industry can turn the page after historic Binance settlement

The crypto industry can finally close the chapter on a litany of scandals and problems after Binance was hit with a historic settlement by the U.S. Department of Justice, Coinbase CEO ...

9 months ago

“We hope you can remember us as the best drainer that has ever existed,” wrote the scam-as-a-service wallet drainer.

Inferno Drainer says it’s shutting down after helping steal $70M in crypto

Inferno Drainer, one of the most popular crypto wallet-draining kits for hire, says it is shutting down for good after helping phishing scammers steal nearly $70 million worth of crypto this yea...

9 months ago

The JPEX incident has prompted the Hong Kong government to expedite the approval process for cryptocurrency products to promote compliance in the industry.

Hong Kong Government Accelerates Cryptocurrency Product Approvals Following JPEX Rugpull: OSL Compliance Exchange

According to OSL Compliance Exchange, a licensed virtual asset platform, financial technology solution providers have shown interest in the potential benefits of integrating tokenized platforms ...

9 months ago

Crypto exchange Zipmex Thailand has announced the immediate suspension of digital asset trading until early next year.

Zipmex Thailand Suspends Crypto Trading Citing Compliance With the Country’s SEC Rules

The decision was made to ensure proper compliance with the criteria set by Thailand’s Securities and Exchange Commission (SEC), the platform wrote in a Facebook post on Saturday afternoon....

9 months ago

HTX Announces Airdrop to Thank Users

HTX to Resume Limited Deposit Services Today and Launch a Site-Wide Airdrop Event

HTX (formerly known as Huobi Global) announced that deposit services for major chains will be gradually resumed on their platform, beginning today, complemented by an airdrop event as ...

9 months ago