Wollito UAB

Mid-Year Check and Policy Recommendations

South Korea Plans to Block Unlicensed Crypto Exchanges

South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspiciou...

7 months ago

ERC-404, which mixes Ethereum’s ERC-20 token and ERC-721 NFT standards, is gearing up for a bid to be the blockchain’s newest standard.

ERC-404 hybrid NFT tokens in ‘good spot’ for EIP push, says dev

An unofficial and experimental Ethereum standard dubbed “ERC-404” — proposed to become a hybrid of fungible and nonfungible tokens (NFTs) — is “working around the c...

7 months ago

SEC chair Gary Gensler has avoided answering whether the commission definitively considers Ether as a security under its purview.

Prometheum claims Ether is a ‘digital asset security’ with launch of custody services

Prometheum, one of the few crypto companies to have approval from United States financial regulators as a special purpose broker-dealer (SPBD) for digital asset securities, has announced it will...

7 months ago

On the fourth day of the COPA v. Craig Wright trial, Wright conceded that many documents he presented to affirm his claim as Satoshi Nakamoto were indeed forged.

Craig Wright admits forging key documents to claim Satoshi Nakamoto identity

Highlighting this development, COPA showcased evidence of anachronisms, including fonts that did not exist when the documents were supposedly created, leading Wright to admit their ina...

7 months ago

One of Hong Kong’s two licensed crypto exchanges, OSL, finalizes the first tokenized warrant transaction with UBS.

OSL completes first transaction of tokenized UBS warrant on Ethereum

OSL Digital Securities has completed the first transaction involving the UBS pilot investment-grade tokenized warrant in Hong Kong, the company said in a press release. ...

7 months ago

According to the security firm CVE Program, the “Cryptocurrency Widgets – Price Ticker & Coins List plugin” WordPress widget carries a critical vulnerability from versions 2.0 through 2.6.5.

This WordPress crypto widget plugin can leak sensitive information

The Cyber Security Agency of Singapore (CSA) highlighted that a cryptocurrency widget plugin for the web development platform WordPress contains a vulnerability that can be used to extract ...

7 months ago

The platform Bakkt said that if it fails to raise money through debt financing or equity dilution, it will not have enough funds to continue operations.

Crypto custodian Bakkt discloses to the SEC it is facing liquidity issues

In disclosing risks to the U.S. Securities and Exchange Commission (SEC), platform Bakkt questioned whether it could ensure its financial stability next year. Current reserves, includi...

7 months ago

The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.”

Bakkt, once touted as Bitcoin’s ‘savior,’ is running low on cash

Crypto company Bakkt, which launched in 2019 and is backed by the Intercontinental Exchange (ICE), has just warned it may not have enough cash to stay in business over the next 12 months. ...

7 months ago

Bridgetower ME Launches to Boost Digital Asset Sector in UAE

Bridgetower Capital and Deus X Capital Launch $250 Million Digital Asset Platform in UAE

Bridgetower Middle East, established by Bridgetower Capital and Deus X Capital, launched a digital asset platform in Abu Dhabi to cater to institutional investors in the UAE ...

7 months ago

CleanSpark expects its operating hash rate to double in time for Bitcoin’s halving once it spins up the mining rigs from four recently purchased facilities.

Bitcoin miner CleanSpark set to double hash rate as halving approaches

CleanSpark is set to double its hash rate in the first half of 2024 after the Bitcoin miner agreed to purchase four new mining facilities before the cryptocurrency mining reward is halved.

7 months ago