Wollito UAB

FTX’s Bankman-Fried seeks mercy, apologizes for $8 billion fraud, and implores the judge to reject the recommended 100-year jail term.

FTX’s Bankman-Fried is ‘deeply sorry’ for $8b fraud, pushes for shorter sentence

Sam Bankman-Fried, the disgraced founder of the FTX crypto exchange, is trying to get a shorter prison sentence after he was convicted of fraud and is now facing more than 100 years in...

6 months ago

Strike, a Bitcoin-focused payments application, has announced the launch of its services in seven African countries, signaling its expansion into the continent.

Strike launches Bitcoin payment services in seven African nations

The countries included in this initial rollout are Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia. The company, founded by CEO Jack Mallers, aims to extend its reach to mo...

6 months ago

SERSH Falls 99%, Serenity Shield Plans Relaunch

Serenity Shield Token Fell Victim to Hack: $5.6 Million Worth SERSH Stolen

Serenity Shield project, a multi-chain data storage startup, fell victim to a theft on Tuesday that compromised its MetaMask wallet. “Today, a MetaMask wallet related to our...

6 months ago

Bitcoin’s price grew over 10% over two days and on Monday, surpassed a $54,000 benchmark for the first time since December 2021.

Bitcoin surpasses $56,000 benchmark, uplifts crypto market in latest rally

The gains came on the back of MicroStrategy disclosing another large purchase of about 3,000 bitcoins for $155 million. Analysts see a surge of funds into bitcoin ETFs and the...

6 months ago

Crypto custodian Anchorage Digital says its new self-custody wallet Porto enables institutions to buy, sell, trade, vote, and collect rewards in the web3 space.

Goldman Sachs-backed Anchorage launches self-custody crypto wallet for institutions

In an X thread on Feb. 26, Anchorage Digital unveiled Porto, a new institutional self-custody wallet designed to provide institutions with access to web3 functionalities. The...

6 months ago

The emails were disclosed by Wright's counsel after COPA's expert witness Patrick Madden spent a tense day on the stand.

Craig Wright's Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up

Craig Wright's former legal representatives at Ontier say emails purportedly showing their correspondence have been doctored as the fourth week of a U.K. trial probing his clai...

6 months ago

A group of five United States senators has taken significant action against the proposal of a digital dollar by introducing a bill aimed at prohibiting the issuance of central bank digital currencies (CBDCs).

U.S. Senator Cruz leads the charge against CBDC to protect privacy and prevent surveillance

Senators Ted Cruz (R-TX), Bill Hagerty (R-TN), Rick Scott (R-FL), Ted Budd (R-NC), and Mike Braun (R-IN) collectively introduced the Central Bank Digital Currency (CBDC) Anti-Surveilla...

6 months ago

The list contains several crypto firms among companies trading without the correct licenses.

Spanish financial regulator warns investors over 18 unlicensed entities

The National Securities Market Commission (CNMV), Spain’s principal financial regulator, has published a list of 18 companies operating in the country without a proper license. ...

6 months ago

ARK Funds Sell Robinhood and Nvidia

Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood

ARK Invest, the asset management firm and Bitcoin exchange-traded fund (ETF) issuer led by Bitcoin advocate Cathie Wood, has sold a significant amount of Coinbase, Robinhood, and Nvidia sto...

6 months ago

As part of its annual report’s risk disclosures section, Riot Platforms said it expects to continue paying “higher than usual” costs for ASIC miners until the chip crisis is resolved.

Bitcoin miner Riot says chip shortage, climate-focused regs are risks to profit

Bitcoin BTC $51,071 miner Riot Platforms said that an ongoing chip shortage, the constant need to grow the hash rate and a deepening pro-climate agenda in the United States could ...

6 months ago