Wollito UAB

Monero’s community wallet was drained of all assets following a security breach described as shocking and a little sketchy.

Monero’s Security Breach Drains Entire Funds In Community Wallet: What’s Going On?

The attack on the privacy coin’s wallet took place on Sept 1 but was not revealed until Nov 2 on GitHub. According to the company, the source of the breach remains unidentified a...

10 months ago

The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing.

Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks

The Swiss National Bank (SNB), six commercial banks and the SIX Swiss Exchange will work together to pilot the issuance of wholesale central bank digital currencies (CBDCs) in the nation, offici...

10 months ago

Castelluzzo Sold Drugs on Darknet for Crypto

U.S. Authorities Seize $54 Million Worth of Crypto from a Drug Ring Leader

The U.S. Attorney’s Office is aiming to recover $54 million of crypto in Ethereum from Christopher Castelluzzo, a convicted drug distributor. On Nov. 2, U.S. Attorney Philip R. S...

10 months ago

Cathie Wood Picks Bitcoin for 10-Year Investment Over Gold and Cash

Cathie Wood Bets on Bitcoin Over Gold and Cash as Deflation Hedge for Next Decade

Cathie Wood has reiterated her confidence in Bitcoin as the go-to asset as hedge against deflation over the next decade. Wood picked Bitcoin over traditional safe havens like gold or cash. ...

10 months ago

Sam Bankman-Fried, who once ran one of the world's biggest cryptocurrency exchanges, has been found guilty of fraud and money laundering at the end of a month-long trial in New York.

'Crypto King' Sam Bankman-Fried guilty of FTX fraud

The jury delivered its verdict after less than five hours of deliberations. It concludes a stunning fall from grace for the 31-year-old former billionaire and one of the most public fa...

10 months ago

FCA Approves PayPal As Registered Crypto Business In The UK

PayPal Granted Green Light For Crypto Services In The UK

In a recent development, PayPal has been registered by the Financial Conduct Authority (FCA) to offer crypto asset activities in Britain. This move comes as PayPal establishes a post-Brexit base...

10 months ago

Hackers are now distributing a Python app posing as a crypto arbitrage bot via a direct message on a public Discord server.

North Korea targets blockchain engineers with new macOS malware

The infamous North Korean hack group Lazarus Group now targets macOS blockchain engineers on Discord with a novel malware. According to cybersecurity firm Elastic Securi...

10 months ago

21 people were sentenced in a case involving converting 'dirty' USDT to RMB.

Crypto at the Center of $300M Fraud Case in China

A court in Tongliang, China – located near Chongqing – has sentenced 21 people for their role in transferring the proceeds of online fraud and illegal casinos denominated in Tether&n...

10 months ago

South Korea’s Busan city is officially seeking operators for its forthcoming Busan Digital Asset Exchange.

Busan City Seeks Operators for the Upcoming Busan Digital Asset Exchange

According to a notice issued by Busan City and reported by MarsBit news, the selection process for operators for the Busan Digital Asset Exchange is currently underway. Busan Dig...

10 months ago

The Commodity Futures Trading Commission (CFTC) has announced the award of $16 million to whistleblowers this year with a significant amount going to crypto-related cases.

CFTC Discloses $15 Million Payment to Crypto Whistleblowers

In an Oct 31 press release, Commissioner Christy Goldsmith Romero speaking on the Whistleblower policy highlighted the achievements, awards offered, and associated judgments as financial re...

10 months ago