Wollito UAB

Cold Storage Can Allow Movement of Funds Wihtout Oversight

China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions

Official Chinese media sources have raised concerns regarding the exploitation of cryptocurrencies by corrupt officials for illicit activities. The use of cold storage methods fo...

8 months ago

US District Judge Jed Saul Rakoff said on Thursday, Terraform Labs CEO and founder Do Kwon violated the US securities law by failing to register UST and LUNA as securities.

Terraform Labs CEO Do Kwon Violated US Securities Law, Says Judge

Rakoff, a judge at the US District Court Southern District of New York, agreed with the the Securities and Exchange Commission (SEC) that Terraform Labs offered and sold unregistered securi...

8 months ago

FTX Trading Ltd. affiliated debtors have submitted a motion for the entry of an order estimating the value of claims related to digital assets and fiat currency, including customer entitlement claims.

FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin

In a filing made on December 27 in the United States Bankruptcy Court for the District of Delaware, the FTX debtors proposed estimating the value of various digital assets based on the...

8 months ago

Cathie Wood’s Ark Invest sold another 148,885 Coinbase shares on Wednesday as it continued its December selling spree for COIN.

Ark Invest sells more Coinbase shares, allocates $92 million in ProShares bitcoin futures-based ETF

Cathie Wood’s Ark Invest sold another 148,885 Coinbase shares, valued at approximately $27.58 million, on Wednesday and purchased $92 million worth of ProShares Bitcoin Strategy ETF (BITO)...

8 months ago

MicroStrategy's used almost all of its recent at-the-market shares sales to buy an additional 14,620 bitcoin.

MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B

MicroStrategy (MSTR), the largest corporate holder of bitcoin (BTC), added more to its holdings on Wednesday, buying 14,620 BTC for around $615.7 million. The company...

8 months ago

The exchange’s co-founder pled guilty and agreed to dissolve the exchange. The French authorities seized the exchange’s assets earlier.

Crypto Exchange Bitzlato “Temporarily” Halts Withdrawals

The troubled crypto exchange Bitzlato has suspended withdrawals and technical support to its customers, calling it a “temporary measure.” The suspension occurred weeks after the co-f...

8 months ago

Bitcoin Price Cross Above $43,000

Korean Traders Drive Bitcoin SV (BSV) Surge, Price Soars by 65% in 24 Hrs

Bitcoin SV (BSV), a cryptocurrency fork of Bitcoin, has experienced a notable surge of 65% within the past 24 hours, with Upbit, South Korea’s largest exchange, emerging as the focal point...

8 months ago

The country’s personnel management ministry said that it will have some 5,800 officials disclose details of their cryptocurrency holdings.

South Korea to disclose top public officials’ crypto holdings next year

South Korea will have its high-ranking public officials disclose crypto holdings starting next year, the country's personnel ministry said. The Ministry of Personnel Management&nbs...

8 months ago

The criteria for obtaining an HKMA license will include full backing of all circulating stablecoins with reserves “at least equal to the par value.”

Hong Kong to oblige stablecoin issuers to obtain license — consultation paper

Hong Kong has proposed it will accept and regulate fiat-referenced stablecoins (FRS), but issuers will be obliged to obtain a specific local license. This is one of the main points of ...

8 months ago

Grayscale Bitcoin ETF Adopts Cash Redemption

Grayscale Submits Bitcoin ETF Filing with SEC to Adopt Cash Redemption Model

Grayscale has submitted an updated filing to the Securities and Exchange Commission, paving the way for its GBTC to transition into a spot Bitcoin exchange-traded fund (ETF) with the a...

8 months ago